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Financials
 

Revenues for period

$13,779.4m

Net profit att. to shareholders

  $636.7m

Earnings per stock unit

  $1.95

1st Quarter 2008 (Un-audited)

 
Douglas Orane
Chairman and Chief Executive Officer

Douglas Orane is Chairman and Chief Executive Officer of GraceKennedy Limited. He was appointed CEO in 1995 and, in 1998, assumed the position of Chairman.
Mr. Orane’s career at Grace, Kennedy began in 1981 when he joined the company as Corporate Planner. Since then he has held several leadership positions in almost all areas of the highly diversified Group.

An engineer by training, Mr. Orane holds a degree in Mechanical Engineering from Glasgow University. He is also a graduate of the Harvard Business School where he earned a Masters degree in Business Administration.

Under his guidance, Grace, Kennedy has articulated a vision of transforming itself from a Jamaican trading and finance company into a global consumer products and services Group by the year 2020. His insistence on benchmarking to the best companies internationally, has resulted in Grace, Kennedy’s dominance in the Caribbean, and its continued profitability even in an unpredictable Jamaican economy.

Mr. Orane possesses an active social conscience and leverages his position as a leader of industry to highlight the possibilities in Jamaican society. As President of the Private Sector Organization of Jamaica (for two terms between 1992 and 1994) he gained national attention for his incisive, rational and pragmatic views on topical issues, particularly on electoral reform. In 1998, he chaired a Task Force to examine ways to reduce waste in the public sector. Implementation of the resulting recommendations, known as The Orane Report, have to date saved the Jamaican government some US$3.5 million. In 1998, he was appointed an Independent Senator in the Jamaican Senate, a position which he held for four and a half years.

He continues in the philanthropic footsteps of previous Grace, Kennedy Chairmen, lending his active support to the company’s programmes for inner-city residents and youth.


 


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