{"id":36266,"date":"2016-03-11T00:47:39","date_gmt":"2016-03-11T00:47:39","guid":{"rendered":"https:\/\/viconsortium.com\/?p=36266"},"modified":"2016-03-11T01:31:24","modified_gmt":"2016-03-11T01:31:24","slug":"mapp-announces-appointed-of-peter-schulz-as-acting-v-i-n-g-n-ceo-in-wake-of-coverdales-resignation","status":"publish","type":"post","link":"http:\/\/wp.viconsortium.com\/?p=36266","title":{"rendered":"Mapp Announces Appointment Of Peter Schultz As Acting V.I.N.G.N. CEO Following Coverdale’s Resignation"},"content":{"rendered":"

ST. THOMAS —\u00a0Governor Kenneth Mapp, chairman of the Virgin Islands Next Generation Network (V.I.N.G.N.), announced late Thursday through a Government House press release the resignation of Dr. Tonjia Coverdale, president and chief executive officer of V.I.N.G.N., which he said was effective at 5:00 p.m. today. The governor’s announcement follows a Consortium story<\/a><\/span> in which Dr. Coverdale confirmed her resignation.<\/span><\/p>\n

The governor said V.I.N.G.N.’s board accepted Dr. Coverdale’s resignation and subsequently appointed board member Dr. Peter Schultz, above, as interim president until a permanent replacement is selected.<\/span><\/span><\/p>\n

“The board thanked Dr. Coverdale for her service <\/span><\/span><\/span>and the Governor wished her well in her future endeavors,” reads the release.<\/span><\/span><\/span><\/p>\n

\u201cI resigned,\u201d was all Dr. Coverdale told The Consortium this afternoon, following attempts by the publication to clarify rumors that she had been made redundant by the board. Her resignation comes as a surprise to many, as Dr. Coverdale has been an ardent advocate for V.I.N.G.N., and as recently as February, expressed optimism to senators who make up the Committee on\u00a0Economic Development, Agriculture & Planning, about the future of the company.<\/p>\n

\u201cMy goal is to make sure that this technology touches every Virgin Islander because I really understand the potential that it has to transform the economy. So I strove to be very truthful and I know that there are a lot of feathers that I ruffled,\u201d Dr. Coverdale said in her closing remarks during the February hearing. She had revealed that her vision for the company as president and CEO was not shared by its board of directors, as members wanted to use V.I.N.G.N. as a service to help government agencies upgrade their networks to 21st Century standards, while Dr. Coverdale, although being in agreement with their stance, also wanted to turn V.I.N.G.N. into a money-making powerhouse for the government.<\/p>\n

Understanding V.I.N.G.N.\u2019s prowess, Dr. Coverdale said that major firms \u2014\u00a0including one that wanted to invest $1 billion in an undisclosed project on St. Croix \u2014 had been in talks to use the V.I.N.G.N.\u2019s service. She also argued that just one such client could yield roughly $1 million a month for the territory, an estimate that piqued the interest of Senator Nereida Rivera-O\u2019Reilly and others.<\/p>\n

But, almost prophetically, the highly educated Coverdale predicted her end as head of V.I.N.G.N.\u2019s CEO and as a member of its board, acknowledging that she had \u201cruffled feathers\u201d during the Senate hearing, when she revealed that her vision was seen by the board as divergent.<\/p>\n

\u201cMy goal was to make sure that if I\u2019m not sitting here and this is my last time addressing you guys, that you would know what the technology can do. And don\u2019t let anybody tell you that it can\u2019t do it. Think big and understand that we really do have the power,\u201d she said.<\/p>\n

At today\u2019s brief board meeting, V.I.N.G.N.\u2019s annual review<\/a><\/span> was the matter up for discussion. There, Dr. Coverdale said the company\u2019s financials were improving, and expressed optimism moving forward, and ways in which she intended to accomplish growth.<\/p>\n

Governor Mapp, however, took exception with a portion of the review that showed a performance-based incentive that gives employees an extra holiday each quarter. Mr. Mapp said he was amazed that Dr. Coverdale could make this decision without consulting the board. But Dr. Coverdale countered, stating that V.I.N.G.N. employees work around the clock \u2014 even when they\u2019re at their homes \u2014 and that the incentive is another way to help keep morale up.<\/p>\n

\u201cI can see me and you are not going to get along today,\u201d the governor said.<\/p>\n

The meeting was adjourned, the board moved into executive session, and Dr. Coverdale resigned.<\/p>\n

 <\/p>\n

Feature Image: Peter Schultz.<\/em><\/p>\n

Image Credit: V.I.N.G.N., via YouTube<\/a><\/span>.<\/em><\/p>\n","protected":false},"excerpt":{"rendered":"

ST. THOMAS —\u00a0Governor Kenneth Mapp, chairman of the Virgin Islands Next Generation Network (V.I.N.G.N.), announced late Thursday through a Government House press release the resignation of Dr. Tonjia Coverdale, president and chief executive officer of V.I.N.G.N., which he said was effective at 5:00 p.m. today. The governor’s announcement follows a Consortium story in which Dr. […]<\/p>\n","protected":false},"author":1,"featured_media":36268,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":[],"categories":[228,191,16,2474,147],"tags":[4718,1559,121,1897],"yoast_head":"\nMapp Announces Appointment Of Peter Schultz As Acting V.I.N.G.N. CEO Following Coverdale's Resignation - V.I. 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