The Standard Group PLC has been ordered to compensate its former Group Chief Executive Officer, Orlando Lyomu, to the tune of Sh38,342,857, following a ruling by the Employment and Labour Relations Court in Nairobi last week.

The judgement, delivered by Justice Byram Ongaya, directs the financially embattled media house to settle the amount in 12 equal monthly instalments beginning May 5, 2025.

The court upheld a consent agreement previously reached between Lyomu and the company concerning the settlement of his post-employment dues.

Lyomu’s departure in June 2023 ended a five-year tenure that began on May 25, 2018, when he succeeded Sam Shollei as CEO.

His exit was marred by boardroom turbulence and ongoing financial strain at the company, which reported a Sh73.1 million loss after tax in 2021.

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The consent agreement is understood to have arisen from internal disagreements and disputes surrounding the terms of Lyomu’s departure.

According to court documents, the payout will be staggered over a one-year period, reflecting the company’s constrained financial position.

The ruling adds to a string of challenges facing The Standard Group, which continues to wrestle with financial instability amid a shifting media landscape.