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Article: Zenex Telecom Announces Change of Control and New Management.
- Article from:
- PR Newswire
- Article date:
- March 15, 2002
CopyrightCOPYRIGHT 2002 PR Newswire Association LLC. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)
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OKLAHOMA CITY -- Zenex Telecom, Inc. (BULLETIN BOARD: ZENX) announced today a change in control and new management. Fireball Enterprises, LLC, which held 27% of the Zenex stock, bought an additional 7,645,435 shares from a group of selling shareholders. The purchase increases Fireball's ownership to over 50%. The selling shareholder group included Marc Newman, the former President and Chief Executive Officer, and Doug Newman, the former Chief Financial Officer. The Newmans have resigned as officers and directors.
Ron Carte has been named the new Chief Executive Officer. Brian Gustas remains as President of Zenex Communications, the principal subsidiary. Mr. ...
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