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Financial News

Apr 2008 Financial News

Grace sends Michael Ranglin to head UK subsidiary - Orane makes raft of managerial shifts at GK Foods

Apr 11, 2008

GraceKennedy has sent Michael Ranglin, the deputy head of its food division, to London to replace his boss, Irwin Burton, as CEO of WT Foods, the British ethnic foods manufacturer and distributor it acquired a year ago.

Burton has been promoted to deputy group CEO, even as he keeps his position as CEO of the food division, GK Foods.

Burton's recall and promotion and Ranglin's February dispatch to the United Kingdom subsidiary are among a raft of managerial reassignments made by GraceKennedy's chairman and CEO, Douglas Orane, since his former deputy and head of the group's financial services arm, G K Investments, resigned last September for a seat in Prime Minister Bruce Golding's Cabinet as minister without portfolio in the Finance Ministry.

Wehby was replaced as the boss of GK Investments by Joe Taffe, who is still acting in the post.

Making the switch in the UK is Michael Ranglin, who is answerable to Burton.

Promoted

With Ranglin assigned to the UK, Ryan Mack, formerly the general manager of Grace Foods & Services Company, has been promoted to senior general manager of domestic business since January 1. He has taken over some of the duties Ranglin had in Jamaica.

Mack's old job has gone to Gilroy Graham, formerly the general manager of World Brands Services Division.

Stanley Beckford, formerly an assistant general manager at GK Foods and sales and marketing manager for its world brands services division, is now the general manager of the World Brands Services Division.


Source:
Jamaica Gleaner
Friday April 11, 2008
http://www.jamaica-gleaner.com/gleaner/20080411/business/business4.html