KENYAN CAROLINE WANGA STEPS DOWN AS ESSENCE PRESIDENT

Essence Ventures has announced that Caroline Wanga is stepping down from her role as President and CEO.

Wanga, who joined Essence in 2020, led the company during a period of significant challenge and transformation. Under her guidance, Essence strengthened its legacy as a leading voice for Black women and expanded its influence across multiple industries and generations. Her leadership was marked by growth, innovation, and cultural relevance.

In a statement, Wanga shared, “The opportunity to serve Black women as CEOs of home, culture and community will forever represent pride, to do my best to serve will forever represent courage, and fulfilling my next purpose calling will forever represent conviction.”

Richelieu Dennis, Founder and Chairman of Sundial Technology & Media Group, Essence Ventures parent company, praised Wanga’s contributions, “Her expertise in culture, equity, and organizational change has fueled progress across the Essence Ventures portfolio. Caroline has left an indelible mark on Essence and beyond, and we celebrate the many ways she has amplified our mission and impact.”

Although her time as CEO has concluded, Wanga’s influence goes on through her recently released book, I’m Highly Percent Sure, which embodies her bold and authentic perspective.