Lead Editor-Investigations
asha.javeed@guardian.co.tt
Delphi Sphere Consulting, a Miami-based operation, is the company that does executive leadership training for Massy executives and its board of directors.
The company is at the centre of claims by Angélique Parisot-Potter, Massy’s executive vice president of business integrity and group general counsel, that it engages in bizarre rituals for executives, their leadership programme is a drain of scarce foreign exchange and the couple leading this programme appear to exert disproportionate influence over Massy’s executive team.
On Delphi’s webpage, its founder and chief executive is identified as Paul Dominguez. The Guardian understands he runs the programme with his wife, Indira.
Among the local companies that Delphi has listed as working with are Massy, Blue Waters, Illuminat and United Way. (See image)
Massy’s president and group chief executive Gervase Warner said he introduced Delphi to Massy as he had an experience with it before he joined the conglomerate.
Of the companies listed on Delphi’s website, Warner is linked to four of them—he is a former employee at McKinsey & Company, Massy, Illuminat (now rebranded Massy Technologies) and United Way where he serves as a director.
When contacted yesterday, Dominguez hung up when asked questions by Guardian Media.
Parisot-Potter said Delphi’s programme involves frequent travel to Fort Myers, Florida, and weekly commitments for over a year.
Warner admitted that Massy would spend up to US$1 million a year, which works out to US$10 million on Delphi for the period Parisot-Potter identified.
Guardian Media understands this was exclusive of money the company would spend on travel, food and accommodation.
According to its webpage, Delphi offers coaching for executives—Tailored executive coaching, the Executive Programme, Developing Your Gifts & Your Purpose and Building A High Performance Team and coaching for entrepreneurs—Vision to Results and Manager Training.
Warner had said Parisot-Potter would not be the first executive who has had difficulty with Delphi’s programme.
“We think a part of our secret at Massy is that we are willing to do this kind of work as leaders. It is the kind of work that we have done that allows us to have the results the company shows. That is because culture eats strategy for breakfast,” Warner had said and added that building connection and trust with other leaders, employees, customers and communities is a big part of Massy’s success.
According to Delphi’s webpage: “Paul designs and tailors the individual coaching to address the specific needs of the executive or manager. The areas of expansion are identified and the structure to support the development is created. The coaching he provides makes a powerful and lasting impact. Most of his clients have stayed with him for over a decade. They come back when the next challenge to go beyond where they have gone arises.”
At Massy’s annual general meeting last Monday, Parisot-Potter raised the issue of the programme noting that she had written a 13-page letter to Warner on November 28.
When Guardian Media sent questions to Warner yesterday, he said the company would issue a statement. The statement said the board of directors was appalled by her conduct and has initiated a disciplinary process against her duties as the general counsel to the company and “will follow due process to determine how this should be handled responsibly yet decisively.”
However, while dismissing her claims as “untrue, scandalous and designed to solicit fear,” the company said it initiated an independent process to look into her claims.
According to her LinkedIn bio, Parisot-Potter has been with Massy for the past seven years.
“I am the executive creating and leading Massy’s Business Integrity Programme, working with the Board, executives and senior management to create a Speak Up and Listen Up culture where open secrets cannot thrive so issues are raised and dealt with sooner rather than later. Between 2016 and 2017, in anticipation of the then 2015 Whistleblower Protection Bill becoming law in Trinidad and Tobago, I wrote and implemented a Speak Up Policy and an anonymous reporting hotline across the group,” it said.
In November, Parisot-Potter was part of a panel by the Economist Impact on “Ethics Independence Trust” and in 2020, she gave a TED Talk on how to be an UPstander instead of a Bystander.
At Monday’s meeting, she said, “This is a matter of grave concern to shareholders because the couple leading the programme appear to exert disproportionate influence over our executive team. In the midst of a foreign exchange crisis, Massy cannot be spending scarce resources on highly dubious activities, and contracts awarded cannot be pushed through without prudent due process. This is not just a governance issue; it’s a blatant disregard for shareholder interests.”
The largest shareholder of Massy is the State through the National Insurance Board–20 per cent; Republic Bank Limited (Trust & Asset Management)–ten per cent; and the Unit Trust Corporation–4.5 per cent. Combined they own 34.5 per cent of Massy.