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Fountain Asset Corp. Announces Retirement of Chief Executive Officer

Fountain Asset Corp. Announces Retirement of Chief Executive Officer Canada NewsWi...

articleFountain Asset Corp.September 27, 20175/company/fountain-asset-corp/news/fountain-asset-corp-announces-retirement-of-chief-executive-officer
Fountain Asset Corp. Announces Retirement of Chief Executive Officer

About this update from Fountain Asset Corp.

[{"type":"text","content":"\n\n\n\nFountain Asset Corp. Announces Retirement of Chief Executive Officer\n\n/* Style Definitions */\nspan.prnews_span\n{\nfont-size:8pt;\nfont-family:\"Arial\";\ncolor:black;\n}\na.prnews_a\n{\ncolor:blue;\n}\nli.prnews_li\n{\nfont-size:8pt;\nfont-family:\"Arial\";\ncolor:black;\n}\np.prnews_p\n{\nfont-size:0.62em;\nfont-family:\"Arial\";\ncolor:black;\nmargin:0in;\n}\n\n\n\n\n\n\n\nCanada NewsWire\nTORONTO, Sept. 27, 2017\n\n\n\nTORONTO, Sept. 27, 2017 /CNW/ - Fountain Asset Corp. (FA: TSXV) (the \"Company\") today announces the retirement of Jason G. Ewart as Chief Executive Officer and a director of the Company, effective October 15, 2017.  Since co-founding the Company in 2003, Mr. Ewart has served as CEO and Director.  The Company is searching for a new Chief Executive Officer and expects to fill the position on a timely basis. Mr. Ewart has agreed to assist with the transition.\n\n\"This is a natural evolution in the development of Fountain.  I look forward to assisting with the strategic initiatives and transitioning of a new CEO for Fountain,\" said Mr. Ewart.  He added, \"After producing six consecutive profitable quarters, Fountain is well positioned today for its next stage of expansion with a strong balance sheet and a diverse portfolio of investee companies.  I cherish the time I have spent building and working with my management team at Fountain.\"\n\nThe board of directors of the Company expresses its appreciation for Jason's contributions to the Company over the last 15 years and wishes him the best with his future endeavours. \n\nAbout Fountain Asset Corp. \n\nFountain Asset Corp. is a merchant bank which provides equity financing, bridge loan services (asset back/collateralized financing) and strategic financial consulting services to companies across many industries such as oil & gas, mining, real estate, manufacturing, retail, financial services, technology and biotechnology. \n\nForward-Looking Statements\n\nCertain information contained in this press release constitutes forward-looking information, which is information relating to possible events, conditions or results of operations of the Company, which are based on assumptions and courses of action and which are inherently uncertain. All information other than statements of historical fact may be forward-looking ...

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