Item 5.02 – Departure of Certain Officers, Appointment of Certain Officers
On May 7, 2018, William Webb, Jr. resigned as our Chief Financial Officer.
On May 7, 2018, the Company appointed Daniel Finch, our COO, as the interim Chief Financial Officer. Mr. Finch, 75, has agreed to serve as CFO until such a time as a permanent replacement has been appointed. There are no arrangements or understandings between Mr. Finch and any other person pursuant to which he was selected to serve in this position, nor are there any family relationships between Mr. Finch and any other officer or director of the Company. Mr. Finch is not involved with any transactions with related parties, and there are no material plans, contracts or arrangements to which he is a part of in connection with this appointment.
During the last five years Dan Finch has served as:
VP Administration, Americas Technologies Solutions, Inc. from January 1, 2009 to January 1, 2016. Mr. Finch handled the United States activities for this RFID company that does business primarily in Brazil.
COO, Revolutionary Tracker, LLC from February 1, 2011 to November 1, 2013. Mr. Finch managed the development of a GPS based smart watch for the child safety market.
VP Corporate Development, Soellingen Advisory Group, from September 15, 2013 to January 25, 2015. Mr. Finch provided corporate advisory services for selected clients in North America.
In addition to the above positions, Mr. Finch served as a managing partner for Engaged Mobility, LLC between January 1, 2015 and March 8, 2016 and as a member of the board of directors for Enable IPC from January 1, 2011 to January 1, 2014.
Mr. Finch graduated from the Indiana Institute of Technology with a BS in Physics in June 1963 and an MBA from the Booth School of Business, the University of Chicago in December 1969.