Regional News>C&W
Caribbean marshals senior team - Appoints vice-chairman
Financial Gleaner
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Cable & Wireless Carib-bean, based in Barbados, has appointed
five new senior executives and retained two others who now form chief
executive officer Richard Dodd's team, one of whom will also hold a seat
on the company's board.
All seven, who come to their posts with experience in different countries,
have the titles of executive vice-president (EVP).
"These appointments reflect the placement in key positions of experienced
managers who have demonstrated high levels of competence based on extensive
exposure around the world," said C&W Caribbean in a statement.
But Donald Austin, a Barbadian, alongside his responsibilities for corporate
and regulatory affairs and head of operations in Barbados, has also been
tapped as vice-chairman, second to Jamaica's Phil Green, who chairs C&W
Caribbean.
Austin as EVP is answerable to Dodd, but his board position muddies the
reporting relationship and puts a question mark on his actual standing
in the company's pecking order, which C&W Caribbean up to press time
had not clarified.
Top Man
The same situation prevails with Green who as head of national subsidiary
Jamaica, should have been answerable to Barbados, but is the top man in
charge as chairman and as a board member of C&W International under
whose portfolio the Caribbean falls.
Dominican Ian Blanchard, a former chief executive of the Grenadian operation
but whose track record of experience is boosted by postings in the United
States and the Middle East, is the new EVP transformation.
Jamaican Lawrence McNaughton, who has worked with Cable and Wireless
and since March 2008 has been chairman of C&W St Kitts, is EVP carrier
services and international facilities, while Marsha Lewis retains the
portfolio of human resources.
McNaughton and Lewis were among the original team members at C&W
Caribbean, a company that is months old and the hub of the telecom's transformation
into a pan-Caribbean operation, spanning 13 markets.
Jesus Luzardo, who whose two decades in the business has taken him to
places in Europe, the Middle East, and Africa, is new EVP enterprise sales,
Mariano Doble is EVP commercial.
C&W Caribbean's seventh pick is Tom Hatfield, whose job will include
hunting down merger and acquisition (M&A) prospects. Green in a May
interview with this newspaper had said that an important part of the telecom's
growth strategy going forward is M&As that can add value to the company.
The telecom, following its loss of monopoly status throughout the region,
starting in Jamaica at the turn of the decade, is now playing catch up
to rivals, whose aggressive hunt for market share has caught Cable and
Wireless off guard.
Digicel, Biggest Headache
Its biggest headache, Digicel, has partially used that strategy to grow
its customer base to six million mobile users, while C&W has five
million regionwide.
Hatfield, who has global experience but is relatively new to the C&W,
landing that job in 2005, joins the Caribbean office as EVP strategy and
business development.
"His main mission will be leading the drive in content strategy
with responsibility for merger and acquisitions," said C&W Caribbean.
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The Financial Gleaner
The Financial Gleaner
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