Business
The New Chairman of Century Petroleum Appoints a New Chief Executive Officer
The New Chairman of Century Petroleum Appoints a New Chief Executive Officer.
About this update from Century Petroleum Corporation
[{"type":"text","content":"\nNEW YORK, May 29, 2018 (GLOBE NEWSWIRE) -- Century Petroleum Corp (OTC Pink:CYPE) (“CYPE” or the “Company”) is pleased to announce that its Chairman, Dr. Cletus M. Ibeto, has appointed Erroll A. Booker as the new Chief Executive Officer.\n As announced on May 25, 2018: On May 24, 2018, Mandla J. Gwadiso resigned as our Chief Executive Officer, Chief Financial Officer, President, Director, Secretary, and Treasurer. The resignation was not the result of any disagreement with us on any matter relating to our operations, policies or practices. On May 25, 2018, Dr. Cletus M. Ibeto was appointed as our new Chairman of the board of directors. Dr. Cletus M. Ibeto, Chairman of Century Petroleum Corp, stated thus:  \"I am extremely excited to have acquired Century Petroleum Corp and, having taken over the reins as the new Chairman of the Board of Directors of the company with the greatest sense of responsibility, this will enable me to put together teams that will help grow the company and propel it, and also members of the board that will help me breath life into what Century Petroleum will ultimately become. The appointment of the new CEO in the person of Erroll A. Booker, who will also function as a member of the Board of Directors, is well thought-out and I have no doubts that he will contribute to the accomplishment of the strategic objective which underlies the acquisition of Century Petroleum. For me, this is a legacy I am building for generations to come. Century Petroleum Corp is the vehicle I plan to use as a catalyst of empowerment for me and other people all over the world as the shares of the company will be traded internationally.\" Erroll A. Booker, Chief Executive Officer of Century Petroleum Corp, also stated “It is my privilege to serve as Chief Executive Officer at Century Petroleum. I am confident that over the coming months, with Dr. Ibeto at the helm, Century Petroleum will expand beyond West Africa and become a dominant force throughout the African continent.” Mr. Erroll A. Booker, Age 70 - Chief Executive Officer, Chief Financial Officer, President, Director, Secretary, and Treasurer. Erroll is the managing director of Telecommunications at Milost Global Inc. He is responsible for global acquisitions, investments, development and the management of the Telecommunicatio...