The corporation has indicated that this performance came on the heels of a series of interventions by the Board and Management to increase the productivity and improve the overall operating efficiencies while focusing on austere cost-cutting measures.
SCASPA CEO, Mr. Terrence Crossman said, “SCASPA should be proud of this notable achievement having only months ago undergone a restructuring exercise.”
The CEO also thanked the Board for the support given in attaining this feat. He made special mention of the staff who worked tirelessly to ensure that the goals set by SCASPA were achieved.
He concluded by saying, “SCASPA has now positioned itself as a structurally sound organisation with the right metrics in place to ensure its long-term viability.”
Meanwhile, , hailed this latest achievement by SCASPA as evidence that focused and strategic visioning and management can bear fruit even in the face of adversity and challenges.
He went on to praise the top management and staff for their dedication and hard work and expressed the hope that the achievement will serve as inspiration for even greater performances in the future.
Mr. Maynard also applauded the support received from the Government and in particular the Minister responsible for SCASPA, Mr. Ricky Skerritt, and the Minister of Finance, Prime Minister Douglas.
However, reports have been circulating that Mr. Crossman has recently tendered his resignation from SCASPA and is believed to have accepted a new appointment as the CEO for the Sugar Diversification Investment Fund, SDIF, which lately has been under much scrutiny for the millions of dollars that are said to be available, but for which no accounting reports have been provided. Government has however, recently committed to making the latest audited reports available for scrutiny.
Crossman is currently serving the SDIF as its Chairman.