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LIAT acting CEO resigns

Published:Sunday | May 6, 2012 | 12:00 AM

The Antigua-based regional airline, LIAT, on Monday announced the resignation of its acting Chief Executive Brian Challenger, with effect from June 30.

The airline gave no reasons for Challenger's resignation after three years in the post, but noted that he expressed his appreciation to the board of directors, as well as to the company's lead shareholders and staff, for the opportunity to serve the region.

The major shareholders are the governments of Barbados, Antigua and Barbuda and St Vincent and the Grenadines

LIAT's Chairman Jean Holder said Challenger had made an important contribution to LIAT during a difficult period in which he exhibited loyalty, dedication and hard work.

smooth transition

The airline said that "until he leaves ... Challenger will work with the executive management team to facilitate a smooth transition to a new CEO".

It said that steps are being made to fill the post "as soon as possible".

Holder later refuted reports that a candidate had already been found to replace Challenger.