Fred Crentsil quit the post

Neil Armstrong Mortagbe’s hopes of being named Hearts of Oak’s new substantive CEO today has been delayed after the club decided to advertise the vacant position.

This comes after the Board of Directors decided to formally declare the position vacant and invite applications from interested candidates.

It was thought Mortagbe would be named the CEO during Thursday’s board meeting because of his pedigree and long-standing support for the Accra-based giants.

But backdoor interest from several equally competent contenders has led to the board looking into other CVs before the new CEO is chosen.

The decision was taken this evening(Thursday March 7th, 2013)at a marathon Board meeting held at the Club’s secretariat.

The post of C.E.O became vacant after Fred Crentsil decided not to seek an extension to his two-year mandate which ended on 3rd October, 2012, four days to the start of the 2012/13 Glo Premier League.

Shortly after the resignation of Administrative Manager, Ashford Tettey-Oku in November last year, the Board appointed its Chairman, Togbe Afede XIV as Executive Chairman in a three-month acting capacity spanning the months of December to February.

The vacancy adverts are expected to hit the print and electronic media within a week.