Ballistic Recovery Systems (BRS) Names Donald Hedquist Chief Financial Officer
July 22 2005 - 1:00PM
PR Newswire (US)
Ballistic Recovery Systems (BRS) Names Donald Hedquist Chief
Financial Officer SOUTH ST. PAUL, Minn., July 22
/PRNewswire-FirstCall/ -- Ballistic Recovery Systems, Inc.
(OTC:BRSI) (BULLETIN BOARD: BRSI) ( http://brsparachutes.com/ ) a
whole-airplane parachute company, today announced that Donald
Hedquist has been promoted to Chief Financial Officer (CFO). Mr.
Hedquist has served in the capacity of BRS Company Controller since
May of 2005. "Donald is a key contributor to BRS success and a
terrific addition to our executive team," said Larry E. Williams,
CEO of BRS. "I'm very proud of the work that he has achieved,
especially in enhancing shareholder value and becoming more
customer-focused," Williams added. "We have a great team in place,
and my main goal is to make sure we carry on the good work and
maintain our strong forward momentum." Prior to BRS, from June 2000
to April of 2005, Hedquist served as Corporate Controller for
Uponor North America Inc., a plumbing and heating manufacturing
company located in Apple Valley, Minnesota. From September 1988 to
June, 2000, Hedquist served as Audit Manager for Lund, Koehler, Cox
& Arkema previously from Minnetonka, Minnesota. Mr. Hedquist
received a bachelors degree in accounting from the University of
North Dakota in 1988. He lives in Farmington, Minnesota with his
wife Abby and their three children. BRS is a South St. Paul, Minn.,
based company that designs, manufactures and distributes
whole-plane emergency parachute systems for use on general aviation
and recreational aircraft. Since the early 1980's, BRS has
delivered nearly 20,000 parachute systems to aircraft owners around
the world including over 1500 systems on certified aircraft like
the Cirrus Design aircraft manufactured in Duluth, Minnesota. 2005
commemorates the company's 25th anniversary in the business of
saving lives. To date BRS onboard emergency systems has been
credited with saving 179 lives. DATASOURCE: Ballistic Recovery
Systems, Inc. CONTACT: Robb Leer for Ballistic Recovery Systems,
Inc., +1-612-701-0608, , or Larry E. Williams of Ballistic Recovery
Systems, Inc. (BRS), +1-651-457-7491, Web site:
http://brsparachutes.com/
Copyright