For one reason or another some CEO’s make single appearances on the list. We take a brief look at some of these who did not make the 2008 list.
Francis L.A. “Tony” Haynes at #20 for 2008 did not make the list in 2005 and 2006, but entered the 2007 ranking at number one. William McConnell at #15 was ranked number one for 2006; however he did not make the list for 2007 and 2005.
Other first time entrants on the list include Douglas Orane from Grace Kennedy who was ranked #4 in 2007 is now ranked #22. Milton Brady over at First Caribbean Bank Jamaica retained his #6 ranking in 2007, having also ranked #6 in 2006, He was not ranked in 2005. Milton is no longer the CEO. First Caribbean is now ranked at #17.
Byron Thompson was back on “The List” for 2007 and ranked #3, after failing to make the list in 2006, following a 2005 ranking of #8. He is ranked #19 for 2008.
Moving from being a non-qualifier in 2005 to #2 in 2006, Grantley Stephenson did not make the 2007 and 2008 list despite having led Kingston Wharves into a new era of modernization and expansion. His performance for 2005 was an admirable feat, with the company at the time undergoing a major expansion of its storage capacity and extending its ability to handle larger vessels.
Donavan Perkins at Pan Caribbean Financial Group made The List at #8 for 2006 having not ranked in 2005. He missed the list for 2007 and 2008 where he is ranked #14. Despite being through many mergers and acquisitions, Pan Caribbean is viewed as being relatively conservative. However, Donovan would probably tell the critics not to confuse conservatism with prudence. Currently, Pan Caribbean is one of the few investment houses to exhibit stable earnings growth in recent times and boasts a healthy investment revaluation reserve.
Curtis Martin at Capital and Credit Merchant Bank having ranked at #9 in 2005, the first year of reporting has not been seen on the list since, He is currently ranked at #16. Its intersting to note that Ryland Campbell who heads the Capital and Credit Group, of which the Merchant Bank is a subsidary, is ranked at #12.
The 2005 joint #1 on the list Jacqueline Holding and Rodney Davis, due to overlapping tenures finished outside of the time frame and did not make The 2006, 07 and 08 List. Many might argue that their selection in 2005 was due to a number of one-off financials transactions, and this may very well be true. BM