No Pain With Bains!Perhaps Mr. Bains could alleviate some of the pain emanating from House 33 with his forte in finance & the martial arts! Seems to be a positive NR! I just hope that this addition to the NSK package is a responsible fiduciary move on behalf of the shareholders! Mr. Raj Kurichh reports
NANOSTRUCK TECHNOLOGIES APPOINTS CHAIR OF ADVISORY BOARD
Nanostruck Technologies Inc. has appointed Somail S. Bains as the chair of the Nanostruck advisory board, effective immediately. The company is establishing an advisory board of eminent individuals to assist with science, technology, governance and business development. Mr. Bains has extensive experience in business transformation, finance, risk management consultative sales and offering development. He is also a certified lean six-sigma black belt. Mr. Bains has spent the last 20-plus years at Xerox Corp. in a wide range of assignments across the corporation. He began his career in manufacturing and quickly moved to product strategy, controllership roles, pricing operation and global program management. In his role at Xerox, Mr. Bains implemented many process improvement initiatives for Xerox and its clients over the years. Mr. Bains has resolved several complex service implementations with the development of a benchmark worldwide risk management process. This process is being used across the corporation today. As a result, Mr. Bains has significant experience in profitability improvement and risk management of large-scale client-outsourced operations. Currently, Mr. Bains is a director of bid operations at Xerox, where his team focuses on sales to Fortune 1000 clients.
Mr. Bains holds a bachelor of science in chemistry from Duke University and an MBA from Rochester Institute of Technology.
Bundeep Singh Rangar, interim chief executive officer and chairman of the board, said, "We are pleased to bring Mr. Bains on board and believe that his credentials and expertise in the commercialization of new technologies will be a real asset to the company."
We seek Safe Harbor.