Peart replaces McConnell as chairman of Supreme Ventures

Friday, June 14, 2019

Print this page Email A Friend!


Board Director and CEO of Mayberry Investments Gary Peart is the new chairman of Supreme Ventures, the company announced yesterday.

Peart takes over from David McConnell who has held the role for the past two years.

McConnell oversaw and led the company through record breaking performances during his tenure, with the company's operating income growing by well over 50 per cent and share prices moving by well over 200 per cent, the company said via news release.

McConnell will assume the role of Chairman of the Board's Finance Committee - a role previously held by Peart - and will remain involved in the strategic oversight and risk management of the business.

“We thank David for his extremely hard work executing the vision of taking SVL to the next level over the past two years. He has presided over 20 record breaking months of achievement during a period of great change for the company. His stewardship has been tremendous, and we look forward to building on the foundation he has laid” said Peart via the release.

“I am excited to be taking on this role as we move into the next phase.”

The release states that McConnell's decision is “primarily based on family obligations and was informed largely due to his now expanded responsibilities with his various companies and new opportunities in his business, Select Brands”.

McConnell is co-managing director of Select Brands Ltd and sits on the boards of at least five boards including: Select Brands, Ironrock Insurance Company Ltd, Scotia Group Jamaica Ltd, Scotia Investments Jamaica Ltd and Hillel Academy.

Gary Peart has been CEO of Mayberry Investments Limited since May 2005 and is largely credited with building the business into one of the leading investment houses on the Jamaican financial landscape, the release said.

Peart has more than 20 years of corporate financial experience in Jamaica, and currently sits on at least five boards including: Mayberry, as deputy chairman on the Board of the Jamaica Stock Exchange, on Ironrock Insurance Company Limited with McConnell and on Lasco Financial Services Ltd and Lasco Distributors Ltd.


Now you can read the Jamaica Observer ePaper anytime, anywhere. The Jamaica Observer ePaper is available to you at home or at work, and is the same edition as the printed copy available at http://bit.ly/epaperlive


ADVERTISEMENT




POST A COMMENT

HOUSE RULES

1. We welcome reader comments on the top stories of the day. Some comments may be republished on the website or in the newspaper � email addresses will not be published.

2. Please understand that comments are moderated and it is not always possible to publish all that have been submitted. We will, however, try to publish comments that are representative of all received.

3. We ask that comments are civil and free of libellous or hateful material. Also please stick to the topic under discussion.

4. Please do not write in block capitals since this makes your comment hard to read.

5. Please don't use the comments to advertise. However, our advertising department can be more than accommodating if emailed: advertising@jamaicaobserver.com.

6. If readers wish to report offensive comments, suggest a correction or share a story then please email: community@jamaicaobserver.com.

7. Lastly, read our Terms and Conditions and Privacy Policy



comments powered by Disqus
ADVERTISEMENT

Poll

ADVERTISEMENT
ADVERTISEMENT

Today's Cartoon

Click image to view full size editorial cartoon
ADVERTISEMENT