(Caribbean360) Regional airline LIAT will have to start looking for a new chairman.
The Antigua-based company announced in a statement yesterday that, after 16 years in the position, Dr Jean Holder is retiring.
He informed shareholders at LIAT’s Annual General Meeting held in Antigua on Monday, that he would not be available for nomination as a Director of LIAT’s Board for the next term.
“Dr Holder stated that it was fulfilling to perform this role in such a critical regional institution. He thanked the shareholders and customers for their continued support; the employees for their hard work and commitment to continuous improvement and all the other stakeholders who through their patience, contributed to the ongoing safe operation of LIAT,” the LIAT statement said.
Prime Minister of St Vincent and the Grenadines, Dr Ralph Gonsalves thanked Dr Holder on behalf of all shareholders, “for his outstanding contribution in the oversight of the Board of Directors in some extraordinarily difficult times”.
He said working with the LIAT chairman had enriched him and he expressed immense gratitude.
“LIAT wishes Dr. Holder the very best in his future endeavours and with the shareholders, join in thanking him for his long and dedicated service to the company,” the statement concluded.