How long was this guy Bruce Tobecksen in the CFO slot ?
Thursday September 24, 3:19 pm Eastern Time
biz.yahoo.com
Company Press Release
American Eco Corporation Appoints New CFO
HOUSTON--(BUSINESS WIRE)--Sept. 24, 1998--In a move emphasizing its desire to strengthen its operating and executive
team, the Board of Directors of American Eco Corporation (NASDAQ:ECGOF, TSE:ECX) announced today that they have appointed Mitchell Posner to the
position of Executive Vice President, Chief Financial Officer and Director of Corporate Development.
Mr. Posner joins American Eco from the investment banking firm of Legg Mason Wood Walker where he was Managing Director of the Industrial and Capital
Goods sector. In that capacity, his focus was on finance, mergers and acquisitions and enhancement of shareholder value advising numerous Fortune 1000
companies
Commenting on the appointment, Frank Fradella, President of American Eco stated, ''This appointment is integral to our previously announced program to improve
our financial controls and reporting. Executing our strategic plan necessitates a transaction specialist who has broad experience in the capital markets and corporate
development. Along with financial and legal expertise, Mitch brings these talents to American Eco.'' Mr. Posner is a graduate of Temple University, Rutgers Law
School, and is a member of the Pennsylvania Bar.
American Eco will release its earnings statement on Friday, October 2 as scheduled. Mitchell Posner replaces Bruce Tobecksen who is leaving the Company to
pursue other interests. Mr. Tobecksen will remain available during the transition.
American Eco is a leading North American provider of single-source industrial support and specialty fabrication services in the energy, pulp & paper, and power
generating industries. |
