Harbor CEO Mark Mingo leaves after thirteen years

POSTED: 01/20/15 7:19 PM

St. Maarten – Mark Mingo will leave his position as Chief Executive Officer at the Sint Maarten Harbor Group of Companies after tenure of thirteen years. Mingo confirmed his departure on Monday evening to Today, but did not elaborate on his future.

The 43-year-old severely criticized the PricewaterhouseCoopers integrity report and said that its findings are purely based on rumors. It is unclear whether Mingo’s departure has anything to do with the integrity report.

Attorney Jason Rogers, a member of the Harbor Group of Companies’ supervisory board, declined to comment on the situation yesterday afternoon. It remains therefor also unclear whether the board has forced Mingo to leave or that it was his own decision.

The researchers of PricewaterhouseCoopers found that the harbor’s fueling company does not pay turnover tax and that it does not have a hindrance permit for its fueling activities. Furthermore, the report states that the harbor did not provide the researchers with procurement policies and procedures.

Other points of criticism were that the supervisory board is incomplete, that it does an annual “self-evaluation” of compliance with the corporate governance code, and that it is behind with payments of its concession fee to the government. The researchers also found the harbor’s way of doing business “non-transparent.”

 

 

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