7 News Belize

BSI CEO Joey Montalvo Leaves Under What Circumstances?
posted (July 24, 2015)
And BSI ends this season without two key staffers. Long time CEO Joey Montalvo has retired after almost two decades in the top spot - and about 4 decades with the company. And, earlier in the year, John Gillett quit after he was placed on administrative leave. And while each departure has its own narrative, we asked if it was part of an ASR purge:..

Mac McLachlan, V.P. Int'l Relations - ASR
"Mr. Montalvo, after over 40 years in the industry is taking his retirement and we'll be wishing him very well in that."

Jules Vasquez
"We see that between him and Mr. Gillet, who left earlier in the year in far less agreeable terms, cumulative institutional knowledge that BSI's lost is almost a century. Is this a part of ASR's plan to populate BSI with foreign executives like yourself or is it a profound loss in terms of the institutional memory?"

Mac McLachlan, V.P. Int'l Relations - ASR
"I think with any sugar industry, everyone deserves a rest after 40 years of work and you need a good stream of people coming through. Our aim is, yes we have some international expertise coming in. the engineering side and on the cane site but equally we need excellent performance from our Belizeans staff. It's like any industry there's a movement of people but basically we need to keep improving the efficiency."

The new cane season is set to start on December 14, 2015.

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