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Barbados Lumber Company 1

Ashley Toppin is the Executive Chairman of the Barbados Lumber Company. One issue that he had to deal with recently was the replacement of the company CEO. The CEO had been in the office for thirty-four years. He started the company and was regarded as the founder. When he retired the shareholders had to find a replacement. Some suggested that the company was not as profitable as it could have been. The shareholders wanted to change the culture more towards a business focus. What were their options?

Interviewee

Ashley Toppins

Company

Industry

Business Activity

Barbados Lumber Company Ltd. 

Lumber Retail

Wholesale and retail trade

Headquarters

Bridgetown, Barbados

Size

Medium

Employees

25 to 500

$1 million to $25 million

Yearly Revenue

Private Company

Type of Entity

Subject

Strategy

Level of Difficulty

Easy

Enhance CEO succession knowledge

Teaching Objectives

Keywords

Succession

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