Nov 2015 Financial News

Massy Holdings changes directors

Nov 12, 2015

Frere Delmas has been appointed executive director to the board of Massy Holdings Limited, replacing Earl Boodasingh, who retired on October 31. He has also been appointed to succeed Boodasingh as executive vice president of the Integrated Retail Business Unit.

Delmas, who also serves as chairman and director for other subsidiaries in the group, took up his new appointments effective November 7.

He is the country manager for the Massy Group in Barbados, a position he assumed in January 2013, and is a former executive chairman for Massy’s Retail Business Unit and, prior to that, was the executive chairman of the BS&T Food Retail and Distribution Division, as well as a BS&T director.

A notice from Massy Holdings Limited posted to the T&T Stock Exchange stated: “Mr Delmas has an accumulated wealth of management experience and knowledge in the supermarket industry and in wholesale distribution. His career spans 36 years in these fields. “He continues to offer his expertise in these areas in his current position, by providing leadership oversight at the domestic level as well as for Massy’s retail interests in St Lucia.”

Boodasingh, who joined the group in 1981 and held many senior positions across and company, had his start as a cost and management accountant and went on to hold the positions of financial comptroler and financial director for a number of companies and major divisions, including the then Marketing and Distribution Division (now Massy Distribution) and Hi-Lo Food Stores (now Massy Stores.

In 2002, he was appointed transition managet for HD Hopwood and Company Ltd in Jamaica—now Massy Distribution (Jamaica) Ltd. Three years later, Boodasingh was appoint executive chairman of the group’s Automotive and Indistrial Equipment Business Unit.

Source:
Trinidad Guardian
Thursday November 12, 2015

http://www.guardian.co.tt/business/2015-11-12/massy-holdings-changes-directors