TDC Group Announces Executive Leadership Changes

BASSETERRE St. Kitts, January 22nd, 2014 — The Board of Directors of St Kitts Nevis Anguilla Trading and Development Company Limited (TDC), parent company of the TDC Group of companies is pleased to announce the appointment of Mr. Earle Kelly as the company’s new Chairman and Chief Executive Officer, effective February 1, 2014.

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 Bachelors degree in Accounting and a Masters degree in Business Administration. He has served as a director of TDC since 2000.

Mr. Kelly will replace Mr. 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.

Ms. Maritza Bowry 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 Bachelors degree in Accounting and a Masters 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 also extends its congratulations to Mr. Kelly and Ms. Bowry and expresses thanks and appreciation to Mr. Morton for his invaluable service and contributions to the development of the TDC Group.

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