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Technology Stocks : Allen-Vanguard Rescue Board

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From: kidl1/26/2010 6:51:53 PM
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Looks like Peter Allen, VRS's "successful" CFO found a new home:
prweb.com

I just love these PR blurbs. He likely got the job because he did such a fine job "converting" a public company into a private one. This time he can convert a private one into a public one, collect the perks and then turn it back into a private one. That is if he lasts long enough. He learned from the "Tulpip Boss" how to be a cat. Ya know, that 7 lives thing. On second thought, he probably knew it before joining VRS. EDC teaches the same lessons.

"As BTI continues to grow into global markets and expand our investment activities, Peter's role will be pivotal in both scaling our business and ensuring our customers are accelerating their own businesses," said Steve Waszak, CEO of BTI. "Peter brings a successful track record that clearly demonstrates the experience needed to manage the challenges of growth and the ability to contribute broadly to our business, we welcome him to the team." Peter has twice been nominated as Canada's CFO of the Year and is a fellow of the Institute of Chartered Accountants of Ontario. Peter brings more than 25 years experience as a financial executive, including 18 years as CFO, in a broad range of Canadian private and public corporations to his position. Most recently, Peter was CFO at the Allen-Vanguard Corporation in Ottawa where he successfully led the effort to restructure and recapitalize during the global financial crisis. Peter has a unique background in the defense, aerospace and technology sectors through prior executive posts at Export Development Canada, NAV CANADA and Merisel."
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