Business
Pioneering Technology Appoints Peter Knee Chief Operating Officer and Chief Financial Officer
Pioneering Technology Appoints Peter Knee Chief Operating Officer and Chief Financial Officer
About this update from Pioneering Technology Corp.
[{"type":"text","content":"\n\n\n\n Sep. 9, 2010 (Canada NewsWire Group) -- \n\nTR.cnwUnderlinedCell TD {\n BORDER-BOTTOM: #000000 1px solid\n}\nTR.cnwDoubleUnderlinedCell TD {\n BORDER-BOTTOM: #000000 3px double\n}\nTR.cnwBoldUnderlinedCell TD {\n BORDER-BOTTOM: #000000 3px solid\n}\nTD.cnwUnderlinedCell {\n BORDER-BOTTOM: #000000 1px solid\n}\nTD.cnwDoubleUnderlinedCell {\n BORDER-BOTTOM: #000000 3px double\n}\nTD.cnwBoldUnderlinedCell {\n BORDER-BOTTOM: #000000 3px solid\n}\n\nMISSISSAUGA, ON, Sept. 9 /CNW/ - Pioneering Technology Corp., (TSX-V:PTE) ("Pioneering" or the "Company"), an energy smart product innovation and consumer goods company, is pleased to announce that, subject to TSXV approval, Peter Knee has been appointed as Chief Operating Officer and Chief Financial Officer of the Company, effective immediately.\nMr. Knee is a chartered accountant with many years of experience in financial services, technology and public accounting sectors. He most recently served as CFO for Citicapital, a large equipment finance company wholly owned by Citigroup until its recent sale to GE Capital. While at Citicapital, Mr. Knee also held the position of Chief Administrative Officer, responsible for integrating and restructuring several acquired equipment leasing companies. He also served as Vice President, Sales of the vendor equipment financing division responsible for leading a national sales force.\nPioneering CEO Kevin Callahan said, "Peter brings a significant breadth of experience to Pioneering, having held senior level leadership roles in finance, operations and sales. We are very pleased to have someone of Peter's calibre join the Company at this very important stage in its development. The Company, now profitable and growing for nine consecutive quarters, is well positioned to move to the next stage of our growth. We expect that Peter will play an important role in helping us do that."\nPeter Knee said, "I am pleased to be joining Pioneering Technology at this crucial time. I've been fortunate to have served in diverse roles throughout my career and I believe my broad based skill set is a good fit for Pioneering and the growth trajectory they are now on."\nIn connection with Mr Knee's appointment, he has been granted options to acquire 400,000 common shares of the Company at a price of $0.28 per share. The optio...