ST JOHN’S, Antigua – The Antigua-based regional airline, LIAT, Tuesday announced that its chairman, Dr Jean Holder, was stepping down from the position after 16 years.
It said Holder had notified shareholders of his retirement at the airline’s annual general meeting held here on Monday.
“After 16 years as a director and chairman of LIAT, he informed the shareholders that he would not be available for nomination as a director of LIAT’s Board for the next term,” LIAT said in a statement, adding that Holder had also 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 financially troubled airline is owned by the governments of Antigua and Barbuda, Barbados, Dominica, Grenada and St Vincent and the Grenadines.
The statement said that the St Vincent and the Grenadines Prime Minister Dr Ralph Gonsalves, thanked Holder “for his outstanding contribution in the oversight of the Board of Directors in some extraordinarily difficult times”.
The widely respected Holder, a Barbadian national, joined LIAT after serving as the secretary general of the Caribbean Tourism Organisation (CTO). (CMC)
