Globalscape Announces Retirement of Chief Financial Officer James Albrecht & Appointment of Karen Young as Interim Chief Fina...
02 Março 2018 - 6:15PM
Business Wire
GlobalSCAPE, Inc. (NYSE American: GSB) (“GlobalSCAPE” or the
“Company”), a worldwide leader in the secure movement and
integration of data, today announced that on February 26, 2018,
James W. Albrecht, Jr., Chief Financial Officer of the Company,
notified the Company of his decision to retire as an officer of the
Company, effective Friday, March 2, 2018. Albrecht and the Company
have agreed in principle to an arrangement in which, upon
Albrecht’s retirement, he will serve as a consultant to the
Company.
“On behalf of the entire organization, I thank Jim for his many
contributions, commitment, and service to the Company,” said Matt
Goulet, Globalscape President and CEO. “Jim’s financial and
managerial expertise have been invaluable during Globalscape’s
evolution over the years, and we look forward to working with him
to ensure a seamless transition.”
In conjunction with Albrecht’s retirement, the Company intends
to appoint Karen Young as its interim Chief Financial Officer,
effective Friday, March 2, 2018, while the Company searches for a
permanent Chief Financial Officer.
Young has served as the Company’s Controller since January 2015.
From June 2014 to January 2015, Young was the owner of a CPA
practice, providing accounting and managerial consulting services
to businesses. Previously, Young served as Controller of PIC
Business Systems, Inc., a provider of web-based integrated
Enterprise Resource Planning solutions, where she worked from
December 2001 to June 2014. At PIC Business Systems, Inc., Young
prepared the company’s financial statements and was responsible for
oversight of the company’s accounting department and other
administrative functions. Young began her career at Valero Energy
Corporation, an independent petroleum refiner, where she focused on
the preparation of financial statements for the company and its
subsidiaries. Young is a Certified Public Accountant with more than
18 years of experience as a corporate Controller. She has a B.B.A.
in Accounting from The University of Texas at San Antonio.
About GlobalSCAPE
GlobalSCAPE, Inc. (NYSE American: GSB) is a pioneer in securing
and automating the movement and integration of data seamlessly in,
around and outside your business, between applications, people and
places, in and out of the cloud. GlobalSCAPE provides cloud
services that automate your work, secure your data and integrate
your applications – while giving visibility to those who need it.
GlobalSCAPE makes business flow brilliantly. For more information,
visit http://www.globalscape.com or follow the blog and Twitter
updates.
Safe Harbor Statement
This news release contains forward-looking statements within the
meaning of Section 27A of the Securities Act of 1933, as amended,
and Section 21E of the Securities Exchange Act of 1934, as amended,
including, without limitation, Mr. Albrecht’s serving as a
consultant to the Company in the future and GlobalSCAPE’s
expectations as to its ability to find a qualified replacement
permanent Chief Financial Officer. The words “would,” “exceed,”
“should,” “anticipates,” “believe,” “steady,” “dramatic,” “expect,”
and variations of such words and similar expressions identify
forward-looking statements, but their absence does not mean that a
statement is not a forward-looking statement. These forward-looking
statements are based upon the Company’s current expectations and
are subject to a number of risks, uncertainties and assumptions.
The Company undertakes no obligation to update any forward-looking
statements, whether as a result of new information, future events
or otherwise. Among the important factors that could cause actual
results to differ significantly from those expressed or implied by
such forward-looking statements are risks that are detailed in the
Company’s Annual Report on Form 10-K for the 2016 fiscal year,
filed with the Securities and Exchange Commission on March 27,
2017.
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version on businesswire.com: http://www.businesswire.com/news/home/20180302005665/en/
GlobalSCAPE Press ContactPerry Street
CommunicationsJonathan Morgan, 214-965-9955 or
212-333-5525jmorgan@perryst.comorInvestor Relations
ContactGlobalSCAPE, Inc.Matt Glover or Najim Mostamand, CFA,
210-801-8489IR@globalscape.com
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