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WISR Ord Shs V.WZR


Primary Symbol: WSRLF

Wisr Limited is an Australia-based neo-lender company. The Company provides a collection of financial products and services. The Company is engaged in writing personal loans and secured vehicle loans for three, five and seven-year maturities to Australian consumers, and funding these loans through the warehouse funding structures. It provides a Financial Wellness Platform underpinned by consumer finance products, the Wisr App. The Wisr App helps Australians pay down debt, multiple credit score comparison services and Australia’s first money-coaching app Wisr Today. Combined with content and other products that use technology to provide better outcomes for borrowers, investors, and everyday Australians. The Company’s products include loans, credit scores and round up. Its credit score is a summary of financial habits, and helps lenders get to know its customers. Its loan products include debt consolidation loans, car loans, medical loans and others.


OTCPK:WSRLF - Post by User

Bullboard Posts
Comment by Schillon Jun 23, 2010 11:04am
467 Views
Post# 17214175

RE: management change

RE: management changeI'm divided between the two extremes: the rats are leaving the sinking ship, or a weak link was fired.

"Robert Theriault, Senior Vice President, Engineering and Operations, is leaving WesternZagros effective July 16th, 2010, in order to pursue another career opportunity.

"On behalf of WesternZagros, I would like to thank Rob for his contributions to the company, and wish him all the best for the future," said Simon Hatfield, Chief Executive Officer.

Ian McIntosh, Vice President, Kurdistan Business Unit will take over Mr. Theriault's responsibilities on an interim basis. "

I'm not familiar enough with business english when it comes to such things. Maybe someone can interpret it? Is that sounding like he left because of pressure, or that he left on his own initiative?

And what is also not clear for me: was Theriault responsible for Engineering and Ops, or was he only the vice pres. of Eng. & Op?

Bullboard Posts