TriniTuner.com | Latest Event:
Moderator: 3ne2nr Mods
Agree with you here. Seen it too many times.hydroep wrote:Also, what if said gentlman doesn't deliver, what mechanisms are in place to ensure the taxpayer gets value for money?
My guess: not one fart...
neilsingh100 wrote:Once the new CEO can meet production and profitability targets that are set (like increase production to 60,000 barrels /day) I see no issue with paying him that salary. One sad reality with this country is employees are more likely to listen to an expat than a local. The T&T workforce still suffering from mental slavery. Garvin Madera may prove me wrong with CAL but until I see some audited financials I am still skeptical of CAL's sudden profitability.
Check today's Express.DanielCW wrote:Anyone looked at his CV on LinkedIn? His experience is as a Drilling/Completions engineer, no experience managing such a large and complex asset, and unless something missing from LinkedIn he only has a BSc in Mechanical Engineering from the University of Texas. I would think your CEO should have more Managerial expertise and depend on his technocrats below him to guide the decision making
sMASH wrote:And the chairman salary... $460,000?
PNM : 45K salary is too much, draining the treasury
Also PNM: *hires man at 240k*
Moobs wrote:If it ain't white, it ain't right...
Moobs wrote:If it ain't white, it ain't right...
Warwick: Heritage CEO salary obscene
RICHARDSON DHALAI AND CARLA BRIDGLAL
Mike Wiley
OWTU chief education and research officer Ozzi Warwick has described the salary of Heritage Petroleum Company CEO Mike Wylie as “obscene” and a “contradiction” as its predecessor company Petrotrin was shut down due to financial losses.
“It is a contradiction and they are not consistent. It is obscene and really a slap in the face for the Petrotrin workers who they said could not retain due to problems at the refinery.”
During Friday’s parliamentary sitting, Prime Minister Dr Keith Rowley said the new CEO is receiving a salary of US$450,000 annually or about TT $240,000 per month.
Rowley said Wylie’s remuneration was based given the nature of the assignment, international benchmarking and the running of an oil company of that size.
However, in an interview yesterday, Warwick said the remuneration package did not surprise him given the ruling party’s track record regarding Petrotrin.
“I think at this point nothing this Government does surprises me.”
And regarding the ongoing matter being heard at the Industrial Court, he said this was due to continue on Tuesday with the OWTU’s legal team expected to continue their examination of the Ministry of Finance’s permanent secretary Vishnu Dhanpaul.
He said Tuesday may be the last day as lawyers were also expected to present their final submissions before the court.
“And then we wait for the judgement. We don’t known when the quorum will deliver judgement.”
Former energy minister Kevin Ramnarine was measured in his assessment of Wiley’s compensation. “The salary seems to be significantly more than what (previous Petrotrin heads) Kenneth Allum, Khalid Hassanali and Fitzroy Harewood were paid and they had a lot more to oversee including running a refinery,” he said. Ramnarine said he couldn’t say much more, because he hadn’t seen Wiley’s qualifications, but pointed out that Trinmar– Petrotrin’s marine assets, expected to be a key component of Heritage’s assets– has been in “precipitous decline and this should concern everyone.”
Sunday Newsday also contacted Energy Chamber CEO, Dr Thackwray Driver, who declined to comment, saying it was the chamber’s position not to comment on individual appointments.
His LinkedIn profile is not very impressive. Curious to know what is so special about to him.Pointman-IA wrote:Check today's Express.DanielCW wrote:Anyone looked at his CV on LinkedIn? His experience is as a Drilling/Completions engineer, no experience managing such a large and complex asset, and unless something missing from LinkedIn he only has a BSc in Mechanical Engineering from the University of Texas. I would think your CEO should have more Managerial expertise and depend on his technocrats below him to guide the decision making
wing wrote:Dear OWTU PaP branch,
1. You had 10 days to apply and waited till 12 midnight on the last day?
2. So now you encourage ppl to apply to the new company even though you filed court action to stop termination of employment from Petrotrin?
3. It seems like the PaP branch is very focused on the hiring practice of the new company, rather than negotiating better severance packages for workers.
4. With respect to Petrotrin person's qualifications, can the PaP branch confirm that after the most recent HR review of employees records, many persons were found to have fraudulent and/or missing qualifications. Especially those who were recommended by the union for employment.
Please Mr. Jackman and the rest of the PaP branch, clarify for the citizens.
Did you go to the OWTU Branch and voice your concerns with Mr. Jackman?wing wrote:Joshie, you haven't addressed any of the questions posted. Of course your points are quite valid and need answers. However, in what remains of Petrotrin, employees are asked to trust the union without question, are forced to take their info as gospel and anyone who questions their tactics and motives are labeled as scabs etc. Can you confirm or deny that the union received proposals for joint ventures and leasing of the refinery in 2017, when the current board was appointed and it was plain to see that espinet was hired to do one thing only , and that said proposals was rejected out of hand because it involved some job losses, which the pg was totally against. Can you also confirm or deny that the same Mr. Wiley was approached by the Union to head up the proposed entity that the union was advocating?
wing wrote:Joshie, you haven't addressed any of the questions posted. Of course your points are quite valid and need answers. However, in what remains of Petrotrin, employees are asked to trust the union without question, are forced to take their info as gospel and anyone who questions their tactics and motives are labeled as scabs etc. Can you confirm or deny that the union received proposals for joint ventures and leasing of the refinery in 2017, when the current board was appointed and it was plain to see that espinet was hired to do one thing only , and that said proposals was rejected out of hand because it involved some job losses, which the pg was totally against. Can you also confirm or deny that the same Mr. Wiley was approached by the Union to head up the proposed entity that the union was advocating?
My post wasn't a direct attack on your views. Like I said, I agree with some of your questions/points. I was trying to highlight the somewhat one-sided viewpoints of the general public, whereby the GoRTT's word was accepted wholesale with no receipts, but Petrotrin employees had to go as far as posting payslips for 'evidence' to dispute the claims of a gov't whose leader called his 'friend' at the very first allegation of corruption, instead of recusing himself for the sake of transparency. As for your questions to me, in the words of William Brandt, 'I can neither confirm nor deny any details of any operation without the Secretary's approval..' You'll really have to take that up with Mr. Jackman.Pointman-IA wrote:wing wrote:Joshie, you haven't addressed any of the questions posted. Of course your points are quite valid and need answers. However, in what remains of Petrotrin, employees are asked to trust the union without question, are forced to take their info as gospel and anyone who questions their tactics and motives are labeled as scabs etc. Can you confirm or deny that the union received proposals for joint ventures and leasing of the refinery in 2017, when the current board was appointed and it was plain to see that espinet was hired to do one thing only , and that said proposals was rejected out of hand because it involved some job losses, which the pg was totally against. Can you also confirm or deny that the same Mr. Wiley was approached by the Union to head up the proposed entity that the union was advocating?
Did you go to the OWTU Branch and voice your concerns with Mr. Jackman?
Or did you stay in the PaP Club, sipping cold beverages?
Since the OWTU began proclaiming that the MSJ is their political vehicle, they began having one night stands with the other political parties (PNM, COP, UNC, etc).wing wrote:Oh yes. I have been shouted down many times in the branch hall. Jackman now reach, only got elected a couple months now, but I've heard it from comrades Jones, Harrington,Benny, etc over the years. They don't want to hear about change or modernization, only no jobs must loss. Any wonder why during the Malcolm Jones era when employment level went from 3000 to 5500 they said not one peep. But that was part and parcel of Petrotrin's downfall. And no I don't drink. Just trying to show that the union and company/pnm not so different in motives and tactics. Some would say it's just a squabble between Pnm party groups.
wing wrote:Joshie, you haven't addressed any of the questions posted. Of course your points are quite valid and need answers. However, in what remains of Petrotrin, employees are asked to trust the union without question, are forced to take their info as gospel and anyone who questions their tactics and motives are labeled as scabs etc. Can you confirm or deny that the union received proposals for joint ventures and leasing of the refinery in 2017, when the current board was appointed and it was plain to see that espinet was hired to do one thing only , and that said proposals was rejected out of hand because it involved some job losses, which the pg was totally against. Can you also confirm or deny that the same Mr. Wiley was approached by the Union to head up the proposed entity that the union was advocating?
Redman wrote:wing wrote:Joshie, you haven't addressed any of the questions posted. Of course your points are quite valid and need answers. However, in what remains of Petrotrin, employees are asked to trust the union without question, are forced to take their info as gospel and anyone who questions their tactics and motives are labeled as scabs etc. Can you confirm or deny that the union received proposals for joint ventures and leasing of the refinery in 2017, when the current board was appointed and it was plain to see that espinet was hired to do one thing only , and that said proposals was rejected out of hand because it involved some job losses, which the pg was totally against. Can you also confirm or deny that the same Mr. Wiley was approached by the Union to head up the proposed entity that the union was advocating?
This is what I was told mid 2017.
One of the people at the table.
The JV s were discussed with multiple private sector entities.
Roget refused to budge.
And walla ....here we are.
Redman wrote:Well what I was told was that the only problem several entities that wanted to BID for the JV could not get past was the unions immovable position in regards to a) its tenure in the organism that is Petrotrin, and b)the sending home of people.
The data showed that the organization was EXPONENTIALLY overstaffed and would require only 25-40% of the current manpower.
At the same time the union has ironclad agreements out 10+ years that meant that once the entity Petrotrin was in charge of the refinery.....Petrotrin had to keep the union involved as is.
So the nuclear option of making Petrotrin disappear is the only way to right size the co.
Redman, allyuh eh play allyuh could exaggerate yes. Exponentially? I threw down my phone with that one. Had to catch my breath all kinda thing. Thank God for screen protectors. An exponentially overstaffed company, that had a WHOLE chunk of money for monthly overtime expenses. The powers that be found other things to mesmerise us with, so I can't remember the last time it was harped on; the ~$23MM a month OT bill that was unsustainable. Remember that? Return to “Ole talk and more Ole talk”
Users browsing this forum: Habit7 and 191 guests
