Nigerian Startup TruQ Co-Founder Williams Fatayo Steps Down as CEO, Cites Leadership Disagreements

'Fatayo left in February after serious financial and corporate governance issues' - truQ

On July 12, 2025, Nigerian logistics tech startup truQ found itself at the centre of a public storm following the resignation of its co-founder and former CEO, Williams Fatayo. His departure, announced via a poignant Medium post titled “TRUQ: FIRST WELL DOWN!” sparked intense discussion within Africa’s tech ecosystem. Fatayo’s account and the company’s official response, however, paint starkly different pictures of the events leading to this lea…

truQ CEO walks out after five years

Williams Fatayo, co-founder and CEO of truQ, has stepped down after five years of leading the logistics tech company. His resignation follows unresolved tensions with co-founder and COO Foluso Ojo over the direction and operations of the business. In a medium post published July 12, 2025, Fatayo confirmed he’s transitioning to a board-level role and will sell back part of his equity. “We are in the middle of the transition plans… to move my invo…

Leadership Shift at truQ: Fatayo Exits Amid Governance Disputes, Ojo Takes Over as CEO - Innovation Village | Technology, Product Reviews, Business

Williams Fatayo, co-founder and former CEO of Nigerian logistics startup truQ, has stepped down from the company’s leadership, ending a five-year journey marked by rapid innovation, operational pivots, and now, controversy. His departure, initially framed as a personal and visionary transition, has taken on new complexity following an official statement from truQ that cited “serious internal concerns related to financial accountability and corpo…

Co-founder conflict forces CEO exit at Techstars-backed truQ

truQ Co-founder Williams Fatayo has stepped down as CEO after a conflict with COO and Co-founder Folusho Ojo.

Nigerian startup TruQ co-founder Williams Fatayo steps down as CEO, cites leadership disagreements

Co-founder and CEO of Nigerian logistics startup truQ, Williams Fatayo, has announced his resignation from the company following unresolved internal differences.   The post Nigerian startup TruQ co-founder Williams Fatayo steps down as CEO, cites leadership disagreements appeared first on Nairametrics.