Puerto Rico ousts di­rec­tor of in­debted wa­ter, sewer agency

Kuwait Times - - BUSINESS -

The board of di­rec­tors for Puerto Rico’s heav­ily in­debted wa­ter and sewer com­pany has re­moved the agency’s ex­ec­u­tive di­rec­tor amid a wors­en­ing fi­nan­cial cri­sis. The di­rec­tors said Fri­day that they had lost con­fi­dence in Al­berto Lazaro and also com­plained about what they called a lack of com­mu­ni­ca­tion with Puerto Rico’s in­com­ing new gov­er­nor.

The board stressed that its de­ci­sion was not based on Lazaro’s work. It praised him for ac­com­plish­ments in­clud­ing strength­en­ing the agency’s fi­nances, re­duc­ing wa­ter loss, im­prov­ing re­sponse times and han­dling one of the worst droughts that Puerto Rico has faced.

Lazaro said in a state­ment that he ac­cepted the board’s de­ci­sion. He was ap­pointed in Jan­uary 2013 and was sched­uled to re­main in the po­si­tion un­til Jan­uary 2019. —AP

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