Shareholder to make decision on TelEm Group CEO Friday

PHILIPSBURG–The Shareholder of TelEm Group of Companies (government) will make its decision on the candidate, who will be appointed as Chief Executive Officer (CEO) of the company this Friday, May 27, at the continuation of a general shareholder’s meeting, which began on Wednesday.

The shareholder was expected to make its decision on the appointment of a CEO on Wednesday, when the meeting began, however, the discussions had to be postponed to Friday, when a decision is expected, Prime Minister William Marlin told The Daily Herald after yesterday’s meeting.

This newspaper understands that the two candidates proposed to the shareholder for the CEO post are Brian Mingo and Kendall Dupersoy. The board had interviewed about six candidates for the position, and shortlisted it to four and then to two. The two names have been submitted to the shareholder for a decision.

Marlin had told reporters earlier in the day at the Council of Ministers’ press briefing that the CEO post had been vacant for quite some years. He said TelEm had done a recruitment round and had interviewed some five candidates. This number was narrowed down to four and then to two. The names of the final two were submitted to the shareholder.

Marlin said once the candidate has been chosen, that person’s name would be submitted to VDMS and the Corporate Governance Council (CGC) for vetting before the appointment can take place.

During Wednesday’s meeting, TelEm was also expected to present its position on the issue of partnering. Marlin alluded to the past when the company took efforts to downsize, and said the company feels that it is now at a stage where it has done sufficient groundwork for its position on this issue. Marlin said the shareholder would not have made a decision on partnering on Wednesday.

Source: Daily Herald
Shareholder to make decision on TelEm Group CEO Friday