Business
ECGI Appoints New Chief Executive Officer
ECGI Appoints New Chief Executive Officer.
About this update from Ecgi Holdings Inc.
[{"type":"text","content":"ECGI Appoints New Chief Executive Officer Press Release | 11/7/2022LOS ANGELES, Nov. 7, 2022 -- ECGI HOLDINGS INC. (OTC: ECGI) (“ECGI” or the “Company”), D/B/A Elite Cannabis Group Incorporated, a Nevada-based portfolio company pivoting into the legal cannabis and cannabinoid marketplace, proudly announces the Company has appointed Danny Wong as new Chief Executive Officer effective November 1, 2022. Mr. Wong is a veteran of the financial services and consulting industries with substantial experience interfacing with C-suite executives at Fortune 500 companies. Mr. Wong is a proven finance, audit and risk management leader with specific experience in M&A transactions, financial management, IT risk management, and audit preparation and execution. He plans to utilize his additional experience in designing internal control environments to build the Company’s infrastructure in preparation for the revenue growth planned by the board of directors. Mr. William Chung, former CEO, states, “Mr. Wong brings experience from important business sectors that make him the ideal candidate to lead ECGI. I believe with his business acumen along with the relationships he has cultivated throughout the years within the industry, he is an obvious choice, as our shareholders will soon realize the potential and benefits he will bring to the company.”“There are real opportunities in this current market that I believe ECGI can capitalize and generating real value is where I want to kick off my tenure as CEO here at ECGI. As a first order of business, identifying at least 2 key strategic acquisitions, within my first 3 months here is a goal that I am going to commit to”, states Danny Wong, newly appointed CEO of ECGI. “Additionally, I plan to establish a clear and direct communication line to address the outlook and future of ECGI. ECGI and its former CEO and team has done a tremendous job thus far, but I believe the value has gone unnoticed as there has been a lack of transparency. We need to bridge the gap between us, our shareholders, and the industry that we want to serve so that we can harmoniously cultivate something really special here. I am thankful for the opportunity and excited for what’s to come.” About ECGI Holdings, Inc.ECGI Holdings, Inc., which plans to operate as Elite Cannabis Group, is reorganizing...