CEO of Citrus Products of Belize Limited Henry Canton is on the hot seat, as rumours are swirling that he could be sent home soon. Sure, we've heard that before, but the vibe we get tonight is that the new CPBL board of directors is getting ready to give Canton the axe. Chairman of the Board Doug Singh didn't want to comment this evening, but told us that Canton remains in his seat as CEO tonight. Singh would only say there has been no final decision and they are still in negotiations. He suggested that a final decision could be made by the end of the week, but would not say what that decision might be – saying that as Chairman, he had to, quote, "handle things responsibly."
If Canton is indeed on the way out, it would be seen as a major victory for the former majority shareholder, Citrus Growers Association, which has been trying to eject him from that seat for years.
We'll follow up on this later in the week.
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