Kelly to replace Morton as new TDC Chairman

Forty years after its establishment, the locally owned trading company, TDC, will from 1st February, 2014, have a new chairman and chief executive. The company has revealed that former Group Finance Director, Earle Kelly, will be succeeding Michael Morton, to become the company’s 4th chairman. When the company was established in 1973, it was led by co-founder Warren Tyson and he was followed by another co-founder Michael King.

Mr. Kelly, who has served the TDC Group for twenty-six years rose through the ranks to the position of Managing Director with responsibility for all the company’s operations in Nevis in 2000 and assumed his current position of Group Finance Director in 2002. In the latter position he also has responsibility for several other functions, operating departments and subsidiaries within the Group. He holds a Bachelor’s degree in Accounting and a Master’s degree in Business Administration. He has served as a director of TDC since 2000.

Kelly’s appointment comes at the retirement of outgoing TDC boss, Michael Morton, who will retire from full time service on February 1st 2014. Mr. Morton has served the TDC Group and its predecessor companies since 1966. He has been a director of TDC since 1983 and Chairman of the Board of Directors since 2001. Mr. Morton will remain a director of TDC in a non-executive capacity and will serve as Marketing and Sales Consultant.

Another change that has been announce, is the appointment of Ms. Maritza Bowry, who will, on February 1st 2014, join the executive leadership team in the new position of Chief Financial Officer and will assume full responsibility for Finance, Accounting and Credit matters. She will also join the boards of directors of all the subsidiary companies of the Group. Ms. Bowry is currently the Company Secretary and Group Chief Accountant, positions she has held for the last ten years. She holds a Bachelor’s degree in Accounting and a Master’s degree in Finance.

The TDC Board is confident that with these executive leadership changes the TDC Group will seamlessly continue to be well positioned for further growth and development. It has also extended its congratulations to Mr. Kelly and Ms. Bowry and expressed thanks and appreciation to Mr. Morton for his invaluable service and contributions to the development of the TDC Group.



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