Sharpe appointed SVREL board chairman

Businessman Solomon Sharpe is the new Chairman of the Board of Directors of Supreme Ventures Racing & Entertainment Limited (SVREL).

As a non-Executive Chairman, Sharpe replaces Executive Chairman Michael Bernard, whose tenure came to an end yesterday.

Supreme Ventures said that Sharpe brings what it describes as "extensive management and board experience" to the role, from his time as Chief Executive Officer (CEO) of Main Event Entertainment Group, one of the largest event companies in the Caribbean, and a current Director of the Board of the Betting, Gaming and Lotteries Commission, as well as the Jamaica Racing Commission.

PROVE INVALUABLE

"A third-generation member of Jamaica's racing industry, and part of the father-son owner/breeder/trainer syndicate of Owen & Solomon Sharpe, his industry knowledge and insights will prove invaluable to this new role," Supreme Ventures' official statement said.

Bernard was appointed for a one-year period with the specific mandate of defining and implementing a new business model for the Caymanas Park and identifying its new CEO. He now ends his tenure, with the recent appointment of Major Hugh Blake as CEO.

"We thank Michael for his hard work and dedication in implementing the first phase of our business model for SVREL," Supreme Ventures Chairman David McConnell said. "He has done a tremendous job and we look forward to building on the foundation he has laid. We are excited to welcome Solomon Sharpe to the role and we look forward to taking Caymanas to new heights and realising its potential."