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Monday, June 9, 2025

Massy sends outspoken executive on leave

by

Anthony Wilson
536 days ago
20231221

The board of Massy Hold­ings Ltd has sent its ex­ec­u­tive vice pres­i­dent of Busi­ness In­tegri­ty, An­gelique Parisot-Pot­ter, on ad­min­is­tra­tive leave un­til Jan­u­ary 12, Massy sources told Guardian Me­dia last night.

The rea­son she is be­ing sent on leave is be­cause of her con­duct at the group’s 100th an­nu­al gen­er­al meet­ing, which was held at the Hilton Trinidad on Mon­day, the sources said.

Parisot-Pot­ter, who is al­so group gen­er­al coun­sel at Massy and a share­hold­er of the com­pa­ny, told the meet­ing that she felt oblig­ed to speak up about sig­nif­i­cant gov­er­nance and fidu­cia­ry con­cerns, as de­tailed in a 13-page doc­u­ment, in­clud­ing au­dio ev­i­dence, that had pre­vi­ous­ly been shared with the Massy CEO and pres­i­dent, Ger­vase Warn­er.

In a writ­ten state­ment that she read out at the an­nu­al gen­er­al meet­ing (AGM), Parisot-Pot­ter said, “Among oth­er mat­ters, one alarm­ing is­sue is the so-called ex­ec­u­tive lead­er­ship pro­gramme, Del­phi, which has been present in our or­gan­i­sa­tion for over a decade.

“This pro­gramme in­volves fre­quent trav­el to Fort My­ers, Flori­da, and week­ly com­mit­ments for over a year at a cost per par­tic­i­pant of tens of thou­sands of US dol­lars for which there were over 11 par­tic­i­pants last year, alone.

“Their bizarre rit­u­als in­clude that they can train Massy em­ploy­ees to com­mu­ni­cate with the dead and that at­ten­dees can self heal with ‘white light en­er­gy’.”

She said Massy’s en­gage­ment with Del­phi was “a mat­ter of grave con­cern to share­hold­ers be­cause the cou­ple lead­ing this pro­gramme ap­pear to ex­ert dis­pro­por­tion­ate in­flu­ence over our ex­ec­u­tive team.”

She al­so told the Massy AGM that in the mid­dle 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.”

On Mon­day af­ter­noon, a few hours af­ter the an­nu­al meet­ing, Warn­er was asked by a Guardian Me­dia jour­nal­ist whether Parisot-Pot­ter’s job was in jeop­ardy.

“Not be­cause of what she said at the AGM,” he said in the in­ter­view, which was held fol­low­ing a pri­vate lun­cheon host­ed by Massy at the Hilton.

Asked whether the fact that she wrote the 13-page let­ter of com­plaint to him means that Parisot-Pot­ter is not aligned with the rest of the Massy ex­ec­u­tive man­age­ment, Warn­er said, “That’s an in­ter­pre­ta­tion that I can­not ex­pand up­on be­cause that would be for her to speak to.”

In the in­ter­view with Guardian Me­dia on Mon­day, the Massy CEO did not de­ny the claims made by Parisot-Pot­ter three hours ear­li­er at the AGM. In­stead, he said there was a di­rect link be­tween Massy’s suc­cess and the train­ing re­ceived by the group’s ex­ec­u­tive man­age­ment and board di­rec­tors from Del­phi Sphere Con­sul­tants.

But on Tues­day night, the board of Massy is­sued a press state­ment in which it said it was ap­palled at Parisot-Pot­ter’s con­duct at the AGM. In the state­ment, the Massy board de­scribed her com­ments as “patent­ly un­true and scan­dalous.”

The board said it takes all al­le­ga­tions se­ri­ous­ly and had ini­ti­at­ed an in­de­pen­dent process to look in­to each of Parisot-Pot­ter’s al­le­ga­tions.

“The board, how­ev­er, is con­cerned that Ms Parisot-Pot­ter used the oc­ca­sion of the com­pa­ny’s 100th AGM to fol­low up on her sub­mis­sion with pub­lic dis­clo­sure of a mat­ter con­fi­den­tial to the com­pa­ny. The board has ini­ti­at­ed a dis­ci­pli­nary process to re­view Ms Parisot-Pot­ter’s con­duct at the AGM 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,” ac­cord­ing to the board’s Tues­day press state­ment.

Yes­ter­day’s emailed let­ter to Parisot-Pot­ter, Massy sources said, in­di­cat­ed that the board of the group had de­cid­ed to ini­ti­ate the dis­ci­pli­nary process to con­sid­er her con­duct at the AGM.


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