NTUCB Wants New Representation for Small Shareholders in BTL Board

Ahead of Belize Telemedia Limited’s (BTL) upcoming Annual General Meeting scheduled for September 17, the National Trade Union Congress of Belize (NTUCB) and a coalition of its affiliate unions have launched a contested push to replace long-serving board member Eric Eusey, throwing the small-shareholder representative seat open to a competitive vote.

The union coalition has nominated Erven Marin, a former BTL staff member who spent more than three decades with the telecommunications firm, as their candidate to take over the small-shareholder seat currently held by Eusey. According to official BTL records, Eusey stands as the longest-tenured member of the company’s board of directors.

In an official statement announcing the nomination, NTUCB highlighted Marin’s decades-long track record of commitment to core governance principles: open communication, transparent accountability, and unwavering institutional integrity. The nomination and coordinated union support marks a direct challenge to Eusey’s tenure on the board, with background context pointing to a past key vote that shaped the coalition’s opposition: Eusey previously supported BTL’s acquisition of telecommunications rival Speednet, which operates under the brand name Smart.

Notably, the unions backing Marin are not outside stakeholders — each of the supporting organizations, which includes the Belize Communication Workers Union, Belize National Teachers’ Union, Karl Heusner Memorial Hospital Authority Workers Union, and Public Service Union, holds a small stake in BTL as institutional shareholders. This status gives them the standing to put forward a competing candidate for the dedicated small-shareholder board position.

The contest will now let all BTL shareholders cast their vote to decide the future of the seat: whether to return incumbent Eric Eusey to continue representing small shareholder interests, or to usher in new leadership with Erven Marin at the September 17 general meeting.