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Bullboard - Stock Discussion Forum Functional Technologies Corp FEBTF

GREY:FEBTF - Post Discussion

Functional Technologies Corp > Old CEO was changed out in January
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Post by clearwaters on Aug 13, 2012 9:12pm

Old CEO was changed out in January

The old CEO was changed out in January, the company has been going through a complete overhaul of its senior management team including CEO, CFO,CSO COO etc. advisory board is being strengthened with key appointments .

FDA approvals and global licensing are critical milestones coming up, and update on wine business progress would be helpful.

investor base needs fresh legs and that should come from new underwriters and investors new to the story, who don't have high level of  investment fatigue as compared to old base.

Comment by groundskeeper on Aug 18, 2012 7:04pm
With apologies for not following too closely, but isn't Howard still the CEO, and Geoff is still there, as is Connie. What changes have been made with the key decision makers? (other than interim CFO) Greenham is moving out, but he was completely ineffective (as is Howard, for that matter). I am concerned this is going to zero - which I find greatly disappointing.  I've been invested ...more  
Comment by clearwaters on Aug 23, 2012 8:30pm
Howard was replaced as CEO in January and is CBDO , was mutually agreed upon to attract new CEO to carry next stage of development of the company.   Acting CEO is mandated with this task. Connie is on Maternity leave and IR role is largely being handled by Morris and Lee.