Business
Reminder
Reminder.
About this update from Aquagold International, Inc.
[{"type":"text","content":"AQUAGOLD INTERNATIONAL INC. ANNOUNCES THE APPOINTMENT OF Dr PAUL A. TAILLEFER AS CHAIRMAN OF THE BOARD AND INTERIM CEO\n \nNew York, NY (JANUARY 29, 2010) - AQUAGOLD INTERNATIONAL (OTC/Pink Sheets: AQUI), a global distributor of premier Canadian spring water products, announces the recent appointment of Dr Paul A. Taillefer as Chairman of the Board of Directors and interim CEO. The Company recently accepted the resignations of Daniel Sauvé as director, and of Domingo Silvas as past CEO. The change in leadership is aligned with the new developmental stage of the company, requiring a different set of skills and leadership as a fully operating company. Mr. Sauvé is a co-founder who was with the Company from its start-up stage: he will work with Aquagold Canada as V.P. Research & Development., and Mr. Silvas was with the Company during its building stage. \n \nDr Taillefer is the current President and CEO of the parent company – Aquagold Canada, the Company responsible for the production of the bottled water sold to China. Under his leadership, the company was successful in completing the first orders of five containers, sending it to China on time and fulfilling the requirements of the letter of credit. The Company is responsible for the received full payment on time at the end of last year for its first large commercial order and looks to Dr. Taillefer to provide leadership in its new growth stage as a fully operational company. \n \nDr. Taillefer has been associated with the Company as a co-founder, a major investor, and served on the Board for a six-month assignment as president of the Audit Committee two years ago. He is intimately familiar with the markets, operations, and personnel of the Company, and will bring his considerable leadership and commercial experience to the Company as it looks forward to what it believes will be a very exciting year in China, particularly with respect to its contract to provide flagship product at the Shanghai Expo 2010.\n \nDr. Taillefer has strong leadership and management experience from a young age. He held his first Director position at the age of 23, on the Board of the insurance company with which he was affiliated when he was the president of both his faculty and the Canadian Medical Students a...