January 24, 2022
Milo Butler Corporation and Milo Butler & Sons Ltd. appointed Allan Butler and Jevon Butler as Chairman of those respective entities. Both men have grown up in the family business and have held various leadership roles. Their appointments to these posts are significant as they represent the company’s third generation of leadership. They are honored to be taking the helm at such a crucial time and are committed to enhancing and advancing the brand and creating opportunities for Bahamians.
Allan Butler is the Chairman of Milo Butler Corporation, the brand’s parent company. He will focus on new opportunities to grow the existing portfolio and train future generations. He stressed the importance of having successful family-owned businesses in any economy, especially within the Bahamian economy.
“If you look at economics in general, it’s typically best whenever the monies in your country can turnover at least seven times before you have to spend out of the country. As The Bahamas is a nation that’s not producing manufactured goods on a large scale at this point, it behooves us to develop new opportunities that the local workforce can benefit from and encourage others to do likewise,” Allan explained.
He added: “So this appointment is both scary and exciting because I know I will have to make some tough decisions, but I’m definitely up for the challenge.”
Jevon Butler says he’s humbled to have been chosen as Milo Butler & Son’s Ltd. Chairman. He looks to embrace innovations and technology during his tenure.
“We have a footprint in the wholesale and retail food sectors and the liquor distribution sector. I’m excited to sit in this chair as many new innovative ideas are in the marketplace that can help to enhance and advance our business even further. We’re also looking to embrace the digital transformation in The Bahamas right now. We believe that by doing so, logistics and the movement of funds will become easier for us and cause our operations to run even smoother. We look to work with many of the new upcoming companies in the country and engage in discussions with the government on possible opportunities to improve the average Bahamian’s way of life. I firmly believe that family businesses like ours are the backbone of the Bahamian economy, so we must continue to grow family businesses in our country”, Jevon revealed. He also took the opportunity to thank his cousin Franklyn Butler II, who sat as Chairman of both entities, for transitioning the family business through strong corporate governance and inclusion of all family members.
Allan and Jevon were elected to the posts in December 2021.
News date : 01/24/2022 Category : Press Releases