CEO: Massy here to expand and innovate
A top official at Trinidad-based conglomerate Massy said the company intends to expand and innovate in Barbados, even if Barbadians get upset about the changes.
Group president and chief executive officer of the Massy Group of Companies Gervase Warner made that position clear as he announced that he was on his way to seek new investors out of New York as the company continues to make changes in order to remain relevant.
Warner made the comments as he delivered remarks at the Barbados Chamber of Commerce and Industry’s (BCCI) monthly luncheon at the Hilton Resort under the theme How Re-Branding Can Assist to Reposition Companies in the Market Place: The Massy Experience.
As part of its expansion in the past year the company has rebranded all its operations here with all bearing the name Massy, and introducing its seventh Massy Stores Supermarket, a Massy Foundation and a Massy Card. The rebranding in Barbados has been met with mixed reviews.
“We are not standing here to have grass growing at our feet, we will be innovating and we will be doing different things. We will be changing things and some people may be upset because they don’t like change . . . That is what we are here for, to be a force for good. We are about creating value and we are about transforming life . . . It is not just people it is also about the environment,” he insisted.
“We have a very exciting opportunity ahead of us for Massy Group to present our group of companies to a series of international investors in New York it is a unique opportunity and we are off to do that.”
He later told Barbados TODAY that given that this was the first time he was going after the type of investment the company was pursuing, he could not divulge details.
Meantime, Warner said he believed the economic conditions in Barbados were beginning to improve.