The six current MAC members met at the Club in Bermuda February 5th and 6th, 2015 for our first quarter on-island meeting. Despite the rain and chilly weather, we had several productive meetings amongst the MAC members and with the Club management. The MAC had planned to meet with the Ministry of Tourism to discuss its legislative review, and to meet with the Club’s auditors to discuss the audited 2013 financials, but both of those meetings were unfortunately cancelled by the Ministry and auditor respectively in the week prior to our arrival. We also reached out to several local politicians representing St. George’s, but were unable to arrange any formal meetings with them.
Our meeting with Management was attended by John Kyle, Sally Kyle, Piero Casalicchio, Perry Robinson, and Latecia Denbrook.
Piero gave an overview of restaurant operations and new plans for 2015, including having a rotating menu with regular specials to offer more variety to guests and keeping the Griffins minimum at $60.00 per adult per week at this time. The Beach House is planned to be open for the summer season on the same schedule as last year. Piero plans to open Griffin’s six days per week, but Club members will need to support the restaurant by eating there regularly in order for this change to become permanent. The MAC members enjoyed several delicious dinners at Griffin’s and lunches in Somer’s Lounge, courtesy of Piero and his team.
Perry Robinson provided a rundown of several maintenance projects, including several water pump issues that have arisen due to the old age of the pipes and valves in the Club’s water supply system. Sally Kyle, John Kyle and Perry Robinson also discussed the refurbishment progress, as has been reported in their newsletter to the Club members. The MAC raised several financial questions, including loans between Club operations and the restaurant entity, HMS, and John Kyle indicated that a draft of the 2014 full year profit and loss statement would be available soon, with the audit to follow this spring.
The MAC members also inquired about the effect of replacing Seasons Ltd. with the St. G. Club Ltd. as the Managing Agent. Sally and John Kyle explained that the same management team was in place, and that the change to St. G. Club Ltd. was done to consolidate all of the licenses into one entity, as had been the case prior to the RCIM Management period in the 1990s. At this point the change is cost neutral and the same roles have been maintained, both inside the Club (e.g. Latecia Denbrook handling regular bookkeeping) and outside the Club (e.g. Graeme Jack from Gateway Systems Ltd. preparing final financials and coordinating with auditors).
Finally, MAC Member Darrell Boutilier resigned shortly before the February meeting due to personal reasons. The remaining six MAC members approved the appointment of Faus Johnson from Nova Scotia, who had also run in the last MAC election, to serve the remainder of Darrell’s term. Faus had a 30 year career in the transportation service sector serving in senior management positions in various cities and provinces across Canada, and has served on many boards of directors. Please join us in welcoming Faus to the MAC.
The MAC will report further as soon as the meeting minutes are finalized, and again after the 2014 full year profit and loss has been posted by the Club management.