ECCO today announced that the distribution of Royalty payments to members will commence on Tuesday 6th, November 2018. Management explained that the 3 month delay was related to the financial verification process without which the payment process cannot be realized.
ECCO’s Chairman, Martin James had high praise for the office staff who he says burned the midnight oil in processing the payments after having received confirmation of the financial position just last week.
The financial affairs of ECCO have been in need of a serious overhaul for years and the Board and the new CEO are adamant that the shortcomings of the past are long gone. ECCO’s management and the Board apologises to its members for the delay and pledged improved communication with members as well as greater efforts in obtaining more benefits for them.
A high priority for ECCO is member concerns and these matters will be addressed at the scheduled members meetings in the various islands which form part of a massive Public Relations and Marketing Campaign.