Rhys Summerton

Group Chief Executive Officer, iOCO

Rhys Summerton is Group Chief Executive Officer of iOCO, in the role since February 2025.

iOCO, known as EOH until December 2024, is a JSE-listed IT services group that has been through a turnaround. For the year to July 2026 it reported profit after tax up 39% to R357 million.

In the job

  1. iOCO appointed Summerton and Dennis Venter joint chief executives, replacing interim chief executive Marius de la Rey. Source

  2. iOCO agreed to buy the MySky Group of Companies for R47 million in cash plus shares, its first acquisition in about eight years. Source

  3. iOCO bought the ERP software firm Astraia Technology, its second acquisition in four months. Source

  4. iOCO reported FY2026 revenue of R5.73 billion and profit after tax up 39% to R357 million. Source

Career before

  1. 2024-2025Non-executive director and chair of the audit and risk committee, iOCO
  2. 2014-presentFounder, Milkwood Capital
  3. Citigroup

Education

Chartered accountant

Sources

  1. itweb.co.za
  2. techcentral.co.za
  3. techcentral.co.za
  4. bizcommunity.com
  5. techcentral.co.za

Facts last checked 3 November 2026. Spotted something out of date? Tell us.

More profiles

All profiles
Technology Matt Beck Chief Executive Officer, OfferZen Since January 2024
Technology Fabricio Bloisi Group Chief Executive Officer, Naspers and Prosus, Naspers and Prosus Since July 2024
Technology Jordaan Burger Managing Director, Africa and Middle East, Sage Since August 2025
Technology Zak Calisto Group Chief Executive Officer, Karooooo