LIAT confirms resignation of CEO
ST JOHN’S - The board of directors of regional air carrier LIAT confirmed on Wednesday that it has accepted the resignation of chief executive officer, David Evans, effective April 13, 2016.
Julie Reifer-Jones, director finance and ICT, has been appointed to act as chief executive officer.
The board of directors thanked Evans for his service and wished him every success in his future endeavours.
As reported on Wednesday, Evans was said to have resigned after “a heated meeting with the board of directors last Thursday”.
The airline is headquartered in St John’s, Antigua, and is majority-owned by 11 Caribbean governments, the largest shareholders being the governments of Barbados, Antigua and Barbuda and St Vincent and the Grenadines.
LIAT has been under enormous financial pressure due to unsustainable losses and expenses and Evans, a former British Airways executive, was appointed some two years ago in the apparent hope that he could turn the financially troubled airline around.
However, neither LIAT’s poor reputation with both locals and visitors to and from the Caribbean nor its finances have improved.