Jim Beighley has joined Citadel Holdings Inc. as chief executive officer of Pacific Islands and Group Head of Strategy and M&A (mergers and acquisitions.)
Citadel Holdings, based out of Manila, is the parent company of PTI Pacific Inc. which does business as IT&E, a telecommunications provider in the CNMI and Guam; IP&E, which operates Shell and Foodys; and Fujita Property Guam, Inc.
Beighley will play a significant role in growing Citadel in the region. As group head of Strategy and M&A, he will spearhead strategic initiatives for Guam businesses and expansions plans based in Manila.
“We are excited to announce Jim’s appointment. He is an exceptional leader, and the Group looks forward to supporting him as he leads Citadel in providing the best services to our customers Guam, CNMI and beyond,” said Jose Ricardo “Ricky” Delgado, president and CEO of Citadel Holdings Inc.
Beighley has been a member of IT&E’s board of directors since January 2011. He has also served various roles at DFS over a span of 21 years, including managing director, Pacific Division (Guam, Saipan, Hawaii) and, most recently, as executive vice president, Strategy and Business Development for DFS globally. Beighley is a graduate of University of California, Santa Barbara with a bachelor’s in Economics and National Chengchi University.
“I’m looking forward to joining Citadel at this very exciting time in the Group’s evolution,” said Beighley. “We have a number of well-run businesses who are all leaders in their sector, a group of very talented executives and the backing of world class investor partners. I look forward to contributing to the Group’s growth in the Pacific region, into Southeast Asia and into new sectors.”
For close to 15 years, Citadel Holdings has expanded its portfolio in the Marianas and the region.
Citadel Holdings acquired CNMI telecommunications provider GTE in 2005, which was renamed to PTI Pacifica. Later it added IT&E Overseas in Guam to its portfolio in 2008. Today, IT&E serves about 222,000 residents in the CNMI and Guam.
IP&E was added to the group in 2011. IP&E operates 13 Shell stations in Guam, eight stations on Saipan and eight in Palau.
In 2016, Citadel Holdings purchased Fujita Property Guam Inc., which manages the Guam International Trade Center.
Earlier this year, work began on the Group’s latest venture, My Office. My Office is a coworking space located at ITC that offers the amenities of a traditional office. (PR)