October 19, 2019

These images of a ‘Tyco Roman Orgy’ helped put a CEO in prison

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By Erin Fuchs  From Business Insider Former Tyco CEO Dennis Kozlowski is finally getting out of prison this week, so we thought we’d take a look at what landed him there in the first place eight years ago. Kozlowski and his right-hand man were convicted in 2005 of stealing $150 million from Tyco and illicitly […]

LIAT airline leadership asleep at the wheel again

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By Robert Maclellan From TN Global Travel Industry News In the first month of 2014 Caribbean regional media reported that LIAT has had to choose between paying employee salaries and paying aircraft lease charges in order to maintain flight operations. Even before the news of LIAT’s latest financial crisis, the flight chaos of last summer […]

CEO denies claim of RBC’s buyout

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From Trinidad Express British banking giant HSBC recently laid out its intention to buy out RBC Royal Bank—a subsidiary of RBC Financial (Caribbean)—now owned by RBC, Canada’s largest and most profitable bank. Senior banking sources within RBC Royal Bank told the [Trinidad] Express and TV6News yesterday that RBC wanted to sell the operations side of […]

iNews Briefs

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Grand Cayman’s landfill will stay in GT Minister of Health, Osbourne Bodden, confirmed last Friday (Jan 31) in the Cayman Islands Legislative Assembly the George Town landfill problem will stay exactly where it is – in George Town! The minister said any proposal would have to be undertaken in a public-private partnership arrangement. It would […]

Liquidated Suntech appoints new CFO

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By Max Hall From pv magazine Deyong He will replace Weiping Zhou, who resigned as interim CEO, CFO and president of the rump Suntech company for ‘personal reasons.’ What is left of Suntech will hold a creditors’ meeting on Grand Cayman on February 12. Suntech founder Zhengrong Shi will have to find another chair for […]

Caribbean attack: former island health boss in hospital, husband killed

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By Lucy Morgan From Isle of Wight Radio A former Chief Executive of St Mary’s Hospital is being treated in hospital in St Lucia after her husband was killed in an attack. 62-year-old Roger Pratt from Warwickshire died when he was attacked on the couple’s boat on Friday. It is understood that he had been […]

New CEO for St. Kitts Tourism Authority comes from Cayman

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From St Kitts Tourism Authority I have the distinct pleasure of starting off 2014 by announcing the appointment of a new Chief Executive Officer (CEO) for the St. Kitts Tourism Authority (SKTA). Ms. Raquel Brown comes to the position of CEO with a depth of experience gained in both the public and private sectors in […]

The most expensive celebrity auctions of 2013

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By Jennifer Michalski   From Business Insider PHOTO: Francois Duhamel/Columbia Pictures Someone paid $96,001 to appear in “American Hustle” with Bradley Cooper and Amy Adams. Each year, the online charity auction site Charitybuzz brings together celebrities, luminaries, and brands to benefit a variety of charities — from Sandy Hook Promise to Kenya Education Fund. In 2013, […]

DIRECTOR DEALINGS: APR Energy CEO Sells 29,561 Shares

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Fri, 3rd Jan 2014 09:23 LONDON (Alliance News) – APR Energy PLC said Friday that a company connected to Chief Executive Officer John Campion sold 29,561 shares at an average gross price of GBP9.50 per share on Thursday. The sale by JCLA Cayman Limited, a company majority owned by Campion and APR Chief Operating Officer […]

Cayman database a major step forward

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By Kevin Ryan From HFM Week Magazine Earlier this month, the Cayman Islands financial regulator, Cima, revealed proposals to create a public database showing details of offshore directors’ workloads. This move follows a long campaign by investor pressure groups who have been lobbying Cima to help them in their due diligence process. The database is […]