truQ CEO Resigns Amid Internal Disputes

Generated by AI AgentCoin World
Monday, Jul 14, 2025 1:55 am ET1min read

Williams Fatayo, the co-founder and CEO of Nigerian logistics startup truQ, has announced his resignation from the company. Fatayo's departure comes after five years at the helm of the tech company, during which he played a pivotal role in its growth and development. The resignation follows unresolved internal disputes, which have reportedly led to a governance crisis within the organization. Fatayo's decision to step down marks a significant leadership shift at truQ, as the company navigates through these challenges. The exact nature of the internal disputes and the future direction of truQ remain unclear, but the resignation of its founder and CEO is a notable development in the company's history.

The departure of Fatayo, who has been instrumental in shaping truQ's trajectory, raises questions about the company's stability and its ability to maintain its momentum in the competitive logistics sector. The resignation also highlights the complexities and challenges that can arise within startups, even those that have achieved significant success. As truQ moves forward without its founder, the focus will be on how the company addresses the internal issues and continues to innovate in the logistics industry.

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