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Microcap & Penny Stocks : FLYHT Aerospace Solutions Ltd.

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From: Sultan6/8/2020 12:48:43 PM
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Barry Eccleston, former President and CEO of Airbus America, named Executive Chairman of FLYHT Aerospace

Bill Tempany, former FLYHT Aerospace CEO, named Interim CEO

CALGARY, Alberta, June 08, 2020 (GLOBE NEWSWIRE) -- FLYHT Aerospace Solutions Ltd. ( FLY.V) ( FLYLF) (the “Company” or “FLYHT”) today reported that Mr. Barry Eccleston, former President and CEO of Airbus America has agreed to serve as Executive Chairman of the Board of FLYHT and will help guide the Company utilizing his strong relationships with customers, suppliers and OEMs in the commercial aviation and defense industries. Mr. Eccleston has enjoyed a 40+ year storied career as an aerospace visionary and proponent of the advancement and development of the aviation industry. Mr. Bill Tempany, former CEO of FLYHT, will serve as the interim Chief Executive Officer while the Company recruits a permanent replacement. Mr. Tempany will also continue to serve as a director of the Company.

The Company has terminated the contract with Mr. Thomas R. Schmutz as Chief Executive Officer of the Company.
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