John-
A good example of adult management:
Former MicroAge President Joins GumTech Management Team as Consultant
PHOENIX--(BUSINESS WIRE)--April 23, 1998--GumTech (NASDAQ:GUMM) Thursday announced the addition of Ken Waters to its management team as a senior business consultant.
Waters will work directly with Gary Kehoe, who was appointed president of GumTech in February of this year. He will assist Kehoe with business strategy, general business advice and review of corporate and financial matters.
"I am pleased to have someone with Ken's background and experience assisting me in designing and implementing a successful strategy for growth. GumTech has undergone many changes over the last year and I believe Ken will be an integral part of helping GumTech make the most of the opportunities that lie ahead." said Kehoe.
From 1993 to 1996, Waters was the president of MicroAge, a Fortune 500 Service Co. and distributor of computer products and integration services. During his tenure as president, MicroAge grew from $1.5 billion to $3 billion in revenues in 18 months.
Waters served as chief executive officer, COO, and president of Computerland from 1986 to 1988, managing the operations of a company having franchised and company owned stores totaling 800 with sales of $3 billion worldwide.
Since retiring from MicroAge in 1996, Waters has worked as a business consultant for a small, select group of companies, including AT&T, Williams-Sonoma, Michael Jordan Golf Inc., and Simple Technology Inc. Waters has experience in manufacturing, retail and distribution in companies of many sizes. Waters holds a Bachelor of Arts from the University of California at Davis and a Juris Doctorate from Pepperdine University.
According to Waters, "GumTech represents a unique opportunity. I look forward to working with Gary to help GumTech realize the full potential of its excellent research and development and manufacturing capabilities."
GumTech distributes its functional chewing gum products to many of the nation's top drugstores, mass merchandisers and health food chains, and the company produces a number of products for major private label companies. Its state-of-the-art OTC registered manufacturing facility is located in Phoenix.
GumTech is located at 4205 North 7th Ave. Suite 300, Phoenix, AZ 85013. E-mail: Michael@gum-tech.com.
CONTACT:
Owens & Associates, Phoenix
Lamar Owens, 602/230-7557
e-mail oaads@dancris.com
or
GumTech International Inc., Phoenix
Gary Kehoe or Jeff Bouchy, 602/252-1617
gkehoe@gum-tech.com
KEYWORD: ARIZONA UTAH
BW0216 APR 23,1998
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