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Bullboard - Stock Discussion Forum CRS Electronics Inc V.LED

TSXV:LED - Post Discussion

CRS Electronics Inc > Great news! CRS has a New CEO
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Post by cpa666 on Feb 22, 2013 10:56am

Great news! CRS has a New CEO

What great news. 

CRS Electronics Appoints Mr. Travis Jones As Chief Executive Officer

WELLAND, ONTARIO--(Marketwire - Feb. 19, 2013) - CRS Electronics Inc. ("CRS" or the "Company"), (TSX VENTURE:LED), a developer and manufacturer of LED lighting, today announced the appointment of Mr. Travis Jones to the position of Chief Executive Officer. Mr. Scott Riesebosch, founder and former CEO will assume the role of Chief Technology Officer.

Prior to joining CRS Electronics, Mr. Jones worked for Lighting Science Group as Vice President of National Accounts where he created a new division that secured a record 60 new national accounts in 14 months. Before joining Lighting Science Group, Mr. Jones worked for some of the largest lighting companies in North America. While at Acuity Brands he served as Vice President of Sales and Marketing in the Austin Division where he was responsible for a 52-person staff that managed 4 brands and 3 sales channels, leading them from $73MM to $100MM in revenue over 2 years.. Mr. Jones is based in Texas where he serves as the Chairman of the Board of Directors for Lakehills Church in Cedar Park, Texas. He also serves on the Board of Directors for the Lakeland College Alumni Association in Sheboygan, Wisconsin where he earned his B.A. in Philosophy and Business Administration.

"We are very excited to welcome Mr. Jones to the executive management team," said Mr. Chang Jiang Wu, Executive Chairman of CRS Electronics. "Mr. Jones has many years of experience in the LED lighting industry and has proven his ability to be an effective leader in establishing market strategies, growing revenue, and being responsible for achieving profitable results. Throughout his career in the lighting industry Travis has repeatedly built successful sales teams with a proven track record of leadership, has always exceeded sales and profitability targets, and has a solid reputation in the lighting industry. I am very pleased he has joined our team as CEO, and I look forward to focusing my attention on technology development in my new role as CTO", said Scott Riesebosch.

Comment by mrmoribund on Feb 22, 2013 10:53pm
Great news? You're kidding, right? This is what's called we-have-no-idea-what-to-do-so-we'll-just-do-something. They dump their founder and CEO and replace him with a sales guy who's chairman of the board of his church, in Texas no less! The press release actually isn't clear as to whether or not Travis is going to move to Welland. It sounds like he's going to run the ...more  
Comment by mrmoribund on Feb 24, 2013 11:23pm
Looking at my most recent post it strikes me that my message is apt to come across as somewhat mean-spirited, which is not really what I'm comfortable with. I'm a Canadian and as such I would love to see CRS succeed on the LED world stage. It's just that when I see the CRS-Energizer products in Canadian Tire and compare them to the Cree-LED-downlight and Philips LED lights in Home ...more