BVI News

Vanterpool to pay severance to Pusser’s employees

Mark Vanterpool

Now that Pusser’s British West Indies has been sold, what will happen to the staff of more than 100 employees that worked at the restaurant?

While the full plan post-acquisition is not yet clear to BVI News, the buyer, Mark Vanterpool will pay all severance owed to Pusser’s employees.

This was part of the sale agreement between Vanterpool and the restaurant’s previous owner, Charles Tobias.

“Almost of all our team members have been facing extremely difficult financial hardship over the past year. Their severance cheques, I’m sure, will be a welcomed relief,” Tobias said in a media release from Vanterpool’s team.

“As we now pass the baton forward to the Vanterpool Group, I have no doubt that Mark Vanterpool will take the Pusser’s opportunity to a whole new level,” the restauranteur of more than forty years stated.

Vanterpool, who owns the One Mart Supermarket, acquired the business last week.

He confessed that some of his investment advisors said he was “crazy to be buying a restaurant business in the middle of the COVID-19 pandemic”.

But Vanterpool expressed an “immense confidence in the history and culinary traditions, often synonymous with the British Virgin Islands, that Pusser’s has developed over the past four decades”.

The cost of the acquisition has not been disclosed.

 

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20 Comments

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  1. Bio says:

    He lining out that millionaire patch wrong he suppose go way further back in for that hair line …u forget u a millionaire vanterpol. Hahaha day come with status dont mind the looks …more then still.lol

    Like 1
    Dislike 6
    • smh says:

      What exactly is “BIO” saying? I can’t decipherthe post.

      Like 20
      • Severence says:

        He only needs to pay severance to employees that are not retained. No employee that keeps their job after the sale is entitled to severence. Just ask the ex Barclays employees who tried to collect it after the CIBC deal.

        Like 8
        Dislike 1
        • Well obviously says:

          Of course you only pay severance to those that are not retained. That’s what severance pay is. Why would you pay it to someone who still has their job?

  2. Good luck says:

    The restaurant chain in desperate need of re-branding and upgrading, best of luck Mr V

    Like 13
    Dislike 1
  3. huh says:

    Not a dime

  4. VIP is bad for business says:

    As fast as the VIP kill them people are going to buy them up..The gazebo in cane garden bay next

    Like 10
    • 007 says:

      Good point except he is NDP. But lots of other bankrupted businesses will be there to be snapped up cheaply. And the VIP is giving itself the powers to take over businesses by force in the new act. So it’s all working out nicely for them.

      Welcome to BVI.

      Like 7
      Dislike 1
      • Tongue Fu says:

        @007
        Mark has been on both parties and by his absence for all of the opposition’s press conferences, his lack of vocal opposition to anything the VIP does he seems to be NDP only in name.

        The eternal Grasshopper.

        Like 12
        Dislike 1
  5. Rubber Duck says:

    A brave man. Rents to pay and no income. It’s going to be tough. But at least it should help get the country back open.

    Best of luck to him.

  6. Ok says:

    He going get rid of the locals & put the philipinos to run the restaurants

    Like 13
    Dislike 1
  7. Lp says:

    What local u taking about ?

    Like 1
    Dislike 1
  8. Needed Change says:

    It needed a fresh start, I support tbis sale 100%, some staff, some managers must go, they dont have the attitude or the personality to move tbe business forward positively….

  9. SMH says:

    Please keep the Chef in Road Town. (Begging) Food Nice!

  10. WEW says:

    First give Tyrone a big bonus then send him down to O—

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