RE:RE:RE:Any news?I would say yes!
I am sure most have seen this today. Just in case you have not
I wonder if this might mean Gord et al make a play to buy the company now that they are free to do so?
EDMONTON, May 22, 2014 /PRNewswire/ - The Cash Store Financial Services Inc. ("Cash Store Financial" or the "Company") (TSX: CSF) announced today that it has made a number of executive leadership changes as part of its reorganization efforts pursuant to the proceedings under the Companies' Creditors Arrangement Act ("CCAA"). Effective immediately, the following individuals are no longer with the Company:
- Gordon Reykdal - Chief Executive Officer
- Kevin Paetz - Chief Operating Officer and President
- Halldor Kristjansson - Senior Executive Vice President, Banking and Credit
- Barret Reykdal - Senior Vice President, Retail Financial Services
- Michael Thompson - Senior Vice President, Corporate Affairs
In addition, the Company has terminated its services agreements with Bill Johnson and Dean Ozanne.
Over the course of the next week, the Chief Restructuring Officer, William Aziz, will be working with members of the Cash Store Financial management team to implement a revised leadership structure.
Further details regarding the Company's CCAA proceedings are available on the Monitor's website at https://cfcanada.fticonsulting.com/cashstorefinancial/.
Read more at https://www.stockhouse.com/news/press-releases/2014/05/22/cash-store-financial-announces-executive-leadership-changes#XXRBF7ubhsh5ME0h.99