The West Indian Tobacco Company Ltd (Witco) has witnessed a significant change in its leadership as Luis Verenzuela resigned from his position as a director, effective October 10. Verenzuela, who joined the board in July 2023, is set to transition into a new role within the British American Tobacco (BAT) group. His departure was officially announced on the TT Stock Exchange website on October 21. Taking over Verenzuela’s responsibilities is Gustavo Gonzalez, who assumed the role of director on October 16. Gonzalez boasts an impressive track record, having spent over two decades with the BAT group, most recently serving as the operations director for Latin America North and Caribbean. The board of directors expressed gratitude for Verenzuela’s contributions and extended a warm welcome to Gonzalez, highlighting his extensive experience and expertise.
