Steve Berberich resigns as president, CEO of JPS
KINGSTON, Jamaica- Steve Berberich has resigned from his post as president and chief executive officer (CEO) at the Jamaica Public Service Company Limited (JPS).
The light and power company made the announcement in a news release on Friday.
“A recent death in my family and other pressing matters, has prompted a need for me to be geographically closer to them,” said Berberich.
Berberich was appointed CEO and president of JPS on May 30, 2023.
“I know the time has been short but it has been an honor to lead JPS, facilitate improvements in customer care and reliability, and renew the brand perception,” he added.
JPS hailed Berberich as an integral part of the company and the Jamaican community, adding that his leadership and vision for an improved electrical infrastructure in Jamaica will be missed.
“The board has been incredibly supportive of my strategies, and I appreciate the strong relationships I’ve built with business, social and political leaders here. I want to thank the board, the fabulous JPS family and the people of Jamaica for giving me this opportunity. I will always hold Jamaica dear in my heart,” Berberich stated.
On Friday JPS Board of Directors met and named Damian Obiglio, the current chairman of the board, as the acting CEO, the release said.
He will take over from Berberich effective February 5 and will remain in that role until a new CEO is seated.
Obiglio’s leadership spans several companies, including a previous role as president and CEO of JPS. He is therefore intimately familiar with JPS’ operations, the release disclosed.
“The Board of Directors wishes to facilitate a smooth transition and expresses its resolve to execute the three-year business plan that started in 2024. At the core of this business plan are the four main pillars of: customer excellence, expansion of renewables, electrification of transportation, and distributed generation,” the release said.
It added: “The board thanks Mr Berberich for the outstanding service he provided in setting a course for improved company performance in terms of reliability and service, and wishes him well.”