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TSTT: Walcott quits, Agard returns

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Above: Good times. George Hill and Dr Ronald Walcott in 2012. Photo By Mark Lyndersay.

TSTT has announced the resignation of Dr Ronald Walcott and the appointment of Lisa Agard as acting CEO.

Walcott served as CEO for six years, taking the role after the departure of George Hill. Both men were key players in the company’s push to 4G, Hill as Chief Technology Officer and Walcott as Executive VP for Mobile, overseeing the migration from Nortel hardware to Huawei installations and guiding the marketing push to migrate customers to the new standard.

Walcott ends his half-decade in the role on October 01, 2020 almost exactly six years later, having overseen a massive staff rationalisation exercise, a 2016 loss of $316 million, and the design of a new five-year $3.7 billion restructuring plan.

Lisa Agard, AMPLIA GM. Photo courtesy TSTT.

He led the Zero-copper campaign to switch legacy copper landlines to fixed wireless connections, a project formally announced in October 2018 which remains incomplete.

Beginning in November 2018 the company began staff retrenchments which would result in the separation of more than 600 employees.

In May 2017, Walcott oversaw the company’s acquisition of the fledgling and largely faltering Massy broadband operation Amplia.

Helming Amplia were two TSTT veterans, Lisa Agard and Trevor Deane.

At that point, Amplia was experiencing a 99 percent drop in profitability despite a $230 million investment in building a fibre network.

Walcott’s departure follows the resignation of Chief Technical Officer Hassel Bacchus, who is is now a Minister in the Ministry of Public Administration. Bacchus was overseeing, as part of his duties, the reengineering of the company’s financial backoffice, another project which has not completed to the satisfaction of the company’s customers.

Lisa Agard was, until 2014, TSTT’s VP, Legal Services.She left to joint Guardian Media as Managing Director, but quit a year later. Agard then served as executive director at Massy Communications.

She has served on state boards, including the North West Regional Health Authority and CNMG, where she took a leading role in the rebranding of the state television station to TTT.

A recent press release photo of Dr Ronald Walcott.

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