Lime cuts top execs
Cable & Wireless Caribbean (C&W) has cut three of its very senior executives and Barbadian vice-president Donald Austin is among them.
In a major shake-up that a C&W official described yesterday as a “realignment of the management team”, the multinational telecommunications company, which trades as LIME, let go of Austin, its executive vice-president with responsiblity for legal and regulatory matters.
The comapany also severed Milton?Brady, a Jamaican national who operated from Barbados as the company’s chief commercial officer, and Henry Reid, another Jamaican who was executive vice-president with responsibility for human resources. He operated from the Jamaica headquarters.
All three reported directly to David Shaw, LIME’s chief executive officer who operates from Jamaica. When Shaw was appointed in 2009, the British citizen’s main responsibility was to “lead the strategy to transform the Caribbean business”.
The DAILY?NATION?was informed that all three executives received “handsome” separation packages.
Austin, a chartered accountant and engineer, led C&W Barbados during one of its most contentous periods when it had to sever more than 400 workers.
He has been with C&W for more than two decades.
Sources said Austin would still work with the company in an “advisory capacity on Goverment relations and governance issues”.
Austin said in one of his public social network profiles that he “led teams in turnaround environments in four Caribbean islands [Turks and Caicos, St Vincent and the Grenadines, St Lucia and Barbados] for LIME”.
He added: “My particular strength is leadership of high-performing teams, using my finance and engineering knowledge and leadership skill sets to ensure that the best result is achieved for the organisation and the team.
“As a member of the senior leadership team, I have responsibility for strategy, revenue growth, profitability, investment strategy, customer experience levels, employee engagement and motivation, senior talent management, corporate governance, shareholder relations, Government relations, regulatory relations and risk management.”
When contacted yesterday, Austin referred all comments to LIME.