Kingston Wharves announces leadership change
KINGSTON WHARVES Limited (KWL) has announced Grantley Stephenson as deputy chairman of the company, as he retires from duties as chief executive officer (CEO). Incumbent Chief Operating Officer Mark
Williams has been appointed to the role of CEO; both appointments take effect on January 6, 2020.
In making the announcement, Chairman Jeffrey Hall hailed Stephenson for his contribution to the growth of the company and for his decision to continue in this new capacity. He stated, “We are extremely appreciative of his decision to serve the company in this important capacity. I very much look forward to working closely with Stephenson to continue strengthening the governance of the company and to position us to take on major new growth and investment opportunities.”
In welcoming Williams to the post of CEO, the chairman said, “The board and I are absolutely confident that Mark brings the right mix of leadership, vision, expertise, accountability and teamwork to the role of CEO, and we expect the company to do very well under his direct executive leadership.”
KWL will in 2020 celebrate its 75th anniversary. As stated in the 2019 annual report, “the company plans to stay the course of prudent financial management and the bold strategies that have propelled us to success, while proactively envisioning new and innovative measures to anticipate and meet the demands of the local and global economy”.
CEO-designate Mark Williams expressed gratitude to the board on his appointment. “I am humbled by the vote of confidence and affirm my commitment to working with the board, management team and staff in realising the full potential of the Kingston Wharves Group. As KWL sets sail for another 75 years, I look forward to playing my role in the continued success of the group with the full support and guidance of my team.”
In the meantime, Stephenson noted that he was looking forward to continuing his contribution to the organisation in his new capacity. “I am fully committed to supporting the board, Williams and the KWL team from my new position. KWL is poised to achieve more great things in the coming years and I am pleased to continue being a part of the remarkable KWL journey.”