ZiaSun Restructures Board and Management Team In Preparation for Ongoing Global Expansion
Changes Ratified at Special Board of Directors Meeting
SOLANA BEACH, Calif., May 30 /PRNewswire/ -- ZiaSun Technologies, Inc. (OTC Bulletin Board: ZSUN - news;
www.ziasun.com), a diversified Internet holding company, today announced that during a special Board of Directors meeting held on April 21, 2000, the Board ratified certain changes to the Board and corporate management structure to more effectively support its aggressive global expansion initiative.
Anthony L. Tobin, who was ZiaSun's President and Chief Operating Officer, and who also serves as a Director and the
President of ZiaSun's wholly-owned subsidiary Momentum Internet, Inc. (MII), has stepped down as a Director and officer of the parent company, and been appointed as Managing Director - Asian Operations. The Board and Mr. Tobin believe this new appointment will more effectively utilize Mr. Tobin's unique skills and expertise to seek out and develop new products and/or business opportunities in the Asian Rim, which will add value to ZiaSun's Asian Subsidiaries.
D. Scott Elder, who was the Chairman and CEO of ZiaSun and is also the CEO of its very prosperous subsidiary, Online
Investor's Advantage (OIA), has stepped down as CEO of ZiaSun to focus more of his efforts on OIA's day-to-day
operations. OIA is continuing to set new monthly growth records, and Mr. Elder plays a key role in developing the program content that will help maintain that momentum. Mr. Elder will remain as Chairman of the Board and CEO of OIA.
Allen D. Hardman, formerly Executive Vice President of the Company, has been appointed President and Chief Executive
Officer of ZiaSun. Mr. Hardman has been heavily involved with day-to-day corporate operations for several months, and has distinguished himself as the logical successor to Mr. Elder. The Board acknowledged that Mr. Hardman has demonstrated the necessary ambition, commitment, talent and ability to successfully and efficiently deal with a variety of corporate business matters, and has also been a major player in both corporate planning and business development.
Hans von Meiss, 52, a successful Zurich, Switzerland-based businessman accepted his appointment as a director on January 17, 2000. Mr. von Meiss, who has an MBA from INSEAD Business School in France, is multi-lingual, and provides broad international business experience in executive roles including investment banking with Bankers Trust International, CEO of Dr. Ing. Koenig AG, a leading Swiss Service Center for flat steel and industrial fasteners, CEO of a publicly-quoted Dutch Company, after its privatization from the Dutch Government, CEO of a Swiss textile group and currently owner of his own Company G. von Meiss AG. Mr. Von Meiss also serves as a director for a private bank, an industrial concern and an M&A consulting company.
Christopher D. Outram - 51, a successful London, England-based businessman, accepted his appointment as a director on May 10, 2000. After receiving double first-class honors in mechanical engineering and industrial economics in 1972 from the University of Birmingham in the UK. Mr. Outram pursued a career in Marketing and Accountancy with Mobile Oil Company, Air Products Limited and CCL Systems. He earned an MBA with distinction from INSEAD Business School in France. Following 2 years at the world-renowned strategy consultancy, The Boston Consulting Group, Mr. Outram became Strategic Planning Director for one of its clients, The Van Gelder Paper Company in the Netherlands.
Two years later, Mr. Outram joined Booz Allen & Hamilton in London where he was elected Partner in 1986. In 1987, Mr.
Outram founded OC&C Strategy Consultants (OC&C), which operates directly and through alliances on a global basis, and can deploy upwards of 200 consultants. Some 70% of OC&C's business is now related to the Internet.
Dennis E. McGrory, 52, was appointed Secretary of the Company, to fill a void left by the resignation of Alfredo Cruz. Mr. McGrory is an Air Force veteran where he served as a court reporter and administrative specialist. Overall, Mr. McGrory has over 30 years of combined administrative experience, including Assistant to the City Editor for a major newspaper, legal transcriber, legal assistant, paralegal and most recently as Office Manager for a large law firm, wherein he was responsible for all administrative functions.
Scott Elder, Chairman of ZiaSun, stated, ``Given our plans to accelerate ZiaSun's expansion into additional international markets, we believe this corporate restructuring will help ensure we maximize the beneficial use of the skills and expertise of each member of our management team. The addition of Mr. Outram and Mr. Von Meiss to the Company's Board of Directors adds a wealth of international business expertise in the international markets where the Company intends to expand its presence, and the management restructuring solidly positions ZiaSun for significant growth as we move forward.''
SOURCE: ZiaSun Technologies, Inc. |
