Lorraine Lyle, President and CEO of BTC, will be leaving her post to assume a new position of Vice President, International, of KeyTech Ltd. In her new position she will oversee the company's growth outside Bermuda. Ms. Lyle will work closely with Sheila Manderson, CEO of KeyTech, to ensure continuity until a new CEO/ President of BTC is appointed.
During Ms. Lyle's five years at the helm, she was instrumental in implementing many changes and innovations such as the KeyTech acquisition of Logic Communications, instituting the UMC fiber optic revolution which led to the introduction of ADSL high-speed internet service, and more recently, the incorporation of BTC Mobility as a separate company. There has also been a goal to make BTC more competitive, improving customer service and maintaining profitability.
Ms. Lyle says "I have enjoyed my time at BTC immensely - I've made some great friends at the Company and on the Island. Now, I look forward to pursuing new opportunities within the telecommunications industry on behalf of KeyTech".
In addition, Allison Gracie, BTC General Counsel and Assistant Vice President Regulatory Affairs, will be leaving the company effective July 18th, 2002.
KeyTech will be actively seeking replacements for both executives, with preference being given to Bermudians.