Digicel’s founder steps aside, as debt-heavy company restructures

Digicel’s founder Denis O’Brien, who is set to step down as the organisation’s chairman following a US$1.7 billion restructuring, spoke at the Canto Connect and 40th Annual General Meeting at the Hyatt Regency Hotel in Port of Spain yesterday morning.

(Trinidad Express) The restructuring of Digicel has been successfully completed, its founder Denis O’Brien told the Express yesterday, as he announced that he would be stepping down as the company’s chairman and assuming a non-executive position on the board.

O’Brien, the founder of Digicel, said that Rajeev Suri will be replacing him as the organisation’s chairman, as a comprehensive board restructuring has been implemented.

He also emphasised job security for Digicel employees amid these changes.