*CBQI* News.
CBQ Appoints John Albertine as President and Chief Executive
Officer
Business Editors/Hi-Tech Writers
WASHINGTON--(BUSINESS WIRE)--April 23, 2002--CBQ, Inc. (OTCBB:CBQI) today announced that it has appointed Dr. John M. Albertine as President and Chief Executive Officer of the company.
Dr. Albertine served as Vice Chairman of Fruit of the Loom Company from 1986 to 1990, and was formerly President of the American Business Conference and Executive Director of the Congressional Joint Economic Committee under Chairman Lloyd Bentsen (D.-Tex.). Dr. Albertine also headed a presidential committee on aviation safety under President Reagan and holds a Ph.D. in economics from the University of Virginia.
Dr. Albertine succeeds W. Stephen Garrett, who has resigned from CBQ, Inc. to pursue other business interests.
"Jack Albertine has an outstanding track record as an entrepreneur, an economist and a wise counselor to many boards," said Bart S. Fisher, Chairman of CBQ, Inc. "CBQ will now enter an exciting new chapter as Jack Albertine will seek to grow the company through acquisitions as well as through internal growth. I look forward to working with Jack on the core business of CBQ in Information Technology and in developing exciting growth opportunities."
Dr. Albertine has served on 17 corporate boards, including several New York Stock Exchange companies such as Thermo Electron Corporation, American Precision Industries, Inc., Semco Energy Inc., and BBN, Inc.
He is currently a director of an American Stock Exchange company, Kadant, Inc., Intermagnetics General, a NASDAQ- listed company and Highstreet Capital Management, LLC, a financial management partnership.
Dr. Albertine is frequently heard on Public Radio International's Market Place, appears on ABC and NBC television and has been quoted in the Wall Street Journal, The New York Times, The Washington Post, Time, Newsweek, Business Week, and Fortune magazine.
"I look forward to working with Bart Fisher to develop CBQ into a cutting edge technology company," said Dr. Albertine. "I have several ideas that I am anxious to implement to grow CBQ into a substantial Washington, DC-based institution." he said .
About CBQ, Inc.
CBQ, Inc. is an end to end E-Business solution provider, which provides custom software, including web portal design and development, networking services and security, as well as many other web-based solutions. The company also provides information technology outsourcing resources to its clients.
For more information on CBQ, Inc., visit www.easyoft.net
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CONTACT: Albertine Enterprises for CBQ, Inc.
John M. Albertine, 202/659-2979, ext.11
KEYWORD: DISTRICT OF COLUMBIA
INDUSTRY KEYWORD: COMPUTERS/ELECTRONICS INTERNET NETWORKING SOFTWARE MANAGEMENT CHANGES
SOURCE: CBQ, Inc.
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-0- Apr/23/2002 12:06 GMT |
