TPRO SENIOR MANAGEMENT & BOARD MEMBERS (Revised 11/29/97)
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CEO & President, John Jenkins
Hired 1/95 to clean up and refocus corporate strategy. Action has been aggressive: non-core businesses have been sold, administrative overhead reduced by $600,000/year, and growth put on a fast track pace through acquisitions.
"Turn-Around" Story: tomorrowcast.com
biz.yahoo.com
Senior V.P. Sales, Larry Hagewood
6/22/97 During his six year tenure as part of the senior management team, Elsag Bailey grew from a $350 MILLION company, principally based in the United States, to a major global corporation with sales of greater than $2 BILLION & offices located in 25 countries.
biz.yahoo.com
V.P., Business Deveopment, Ken Owen
Previous Director of Systems Integration at FLUOR DANIEL, and an early leader in the recognition of Year 2000 issues in factory automation systems. fluor.com
CFO, Doublas Kelsall
6/5/97 Named as CFO. Previous 2 years CFO & VP of Finance for Evolving Systems, Inc., (ESI), a developer of computer software and professional services, with more than 300 employees. Mr. Kelsall's tenure at Evolving Systems, Inc. was highlighted by a dramatic improvement in the financial position of the Company, including an increase in gross profit margins, decrease in expenses, and the redirection of product mix to focus on the development of proprietary products.
John Jenkins (TPRO Pres & CEO) stated, "Mr. Kelsall's recent experience as CFO of ESI will accelerate our financial consolidation efforts and add greatly to our strategic and business planning process. His years of experience in capital formation will be of great value as we continue to build the proper capital foundation required to support our aggresive growth plans."
COO, Kevin Fallon
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New Board Members announced 6/5/97
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Robert Costello, also board member of URS Corporation, an engineering firm which has recently doubled in size and currently has more than 3,000 employees and over $400 million in sales. Prior to serving as a URS Corporation director, Mr. Costello was the Chief Executive Officer of Greiner Engineering, Inc. a publicly held (NYSE) firm which in 1996 merged with URS Corporation. As CEO of Greiner, Mr. Costello developed and implemented a restructuring in the leadership of high-growth publicly held companies, and has strong marketing experience in Southeast Asia.
Robert Pearson currently serves as Senior V.P. & Manager of Corporate Finance for Renaissance Capital Partners (RCP). RCP is the operating manager of Renaissance Capital Growth and Income Fund III, Inc., and Renaissance United States Growth and Income Trust, Ltd. which combined are the owners of a 9% convertible debenture issued by Topro, Inc. in February of 1996. Mr. Pearson previously served as Executive V.P. and CFO of the Thomas Group, Inc., a publicly traded consulting firm, and was Vice President-Finance of Texas Instruments, Inc. |
