myFreightWorld Technologies Appoints Kevin Childress as CEO, Accepts J. Michael Head's Resignation
September 19 2011 - 1:15PM
Marketwired
myFreightWorld Technologies Inc. (PINKSHEETS: MYFT) announced today
that its Board of Directors has accepted the resignation, effective
today, of J. Michael Head, President and CEO of the Company. The
Board has unanimously appointed Kevin C. Childress, 54, as its new
President and CEO. Mr. Head will remain on the myFreightWorld Board
of Directors, but will step aside as CEO of myFreightWorld to
pursue the leadership of a new transportation-related venture.
Wayne Auer, Special Director of myFreightWorld, said, "I am
delighted to welcome Kevin to our Company as CEO. Kevin brings
years of success in general management to his new job. His previous
experience, particularly at NIC, Inc., a Nasdaq traded company,
will benefit our customers, our employees and our shareholders. I
also wish to thank Mike Head for his many years of service and
leadership and look forward to working with Mike in the
future."
Mr. Childress previously served as NIC's inaugural Chief
Financial Officer, helped lead that company's successful initial
public offering, and later served as the head of strategy and
marketing. More recently, Mr. Childress founded and served as CEO
of Serra Energy Holdings before selling his stake in that
company.
About myFreightWorld Technologies,
Inc.
myFreightWorld Technologies Inc. is a business services firm
that specializes in providing technology, transportation and supply
chain management services to third-party logistics managers (3PLs)
and transportation intermediaries (TIs), primarily in the United
States. Leveraging its proprietary Web-based software platform, the
Company provides its 3PL and Motor Carrier customers with a
Customer Relationship Management (CRM) information pipeline that
provides complete visibility to shippers, consignees and other
interested suppliers of shipments during the entire Shipment Life
Cycle. For more information, see www.myfreightworld.com.
myFreightWorld's mission is to realize shareholder value and
wealth through monetization of its projects and potential
discoveries through partnerships with significant participants with
ready capital and production expertise. The matters set forth in
this press release may contain forward-looking statements regarding
myFreightWorld and its business within the meaning of the "safe
harbor" provisions of the Private Securities Litigation Reform Act
of 1995. Forward-looking statements speak only as of the date on
which they are made and myFreightWorld undertakes no obligation to
publicly update or revise any forward-looking statement, whether as
a consequence of new information, future events, or otherwise.
Statements are subject to risks and uncertainties that may cause
actual outcomes to differ materially. These risks are detailed from
time to time in the company's periodic reports filed with the OTC
Pinksheets including the company's Annual Report, Quarterly Reports
and other periodic filings.
For Investor Relations, please contact myFreightWorld (MYFT)
www.myfreightworld.com/contact_form email Email Contact
My Freightworld Technolo... (CE) (USOTC:MYFT)
Historical Stock Chart
From Jul 2024 to Aug 2024
My Freightworld Technolo... (CE) (USOTC:MYFT)
Historical Stock Chart
From Aug 2023 to Aug 2024