Telecommunications Company LIME has announced that its Chief Executive Officer, David Shaw is stepping down after four years leading the company. Mr Shaw, who has overseen the transformation of LIME, will remain with the business for the next six months to facilitate a smooth handover of responsibilities.
Tony Rice, Chief Executive of LIME’s parent company, Cable & Wireless Communications, will take over the leadership of the business, working with LIME’s regional executive team. Cable and Wireless Communications recently announced its intention to focus on the Caribbean and Central American region, after electing to sell other international operations. Mr Shaw today thanked his colleagues for their support during his time in charge. He said LIME had achieved a great deal during the past four years. The business was fighting back in Jamaica. In the Bahamas it was well positioned to face up to competition and was competing strongly in its other markets. The business was more focused than ever on delivering to customers. He looked forward to seeing the business continue being the driving force in connecting the Caribbean. His successor Tony Rice said David Shaw had managed LIME’s Caribbean business through a period of unparalleled and prolonged economic challenges for the region – and difficult market conditions. He had strengthened the business and delivered critical transformational initiatives.
