Business

A.O.G. Announces Executive Changes

A.O.G. Announces Executive Changes.

Transatlantic Mining Corp.February 17, 20065
A.O.G. Announces Executive Changes

About this update from Transatlantic Mining Corp.

LOWNA, BC, Feb. 17 /CNW/ - A.O.G. Air Support Inc., a leading provider of aerospace safety and performance modifications, today announced that Mr. Dave Barron will assume the position of President and that Gerald A. Stevenson will assume his new role as Chief Financial Officer within the organization effective immediately. Mr. Barron has held the position of CEO since 1997 and stepped down in his role as President to bring on Mr. Doug Kobayashi as President from October 2005 to Feb 14, 2006. Mr. Kobayashi joined our firm in January 2005 and implemented the Strategic Plan for the company while he worked in the capacity of Director of Business Development until he was appointed President in October 2005. It is of great regret that as of February 14, 2006 the company announces that Doug has resigned as President and as a Director on the Board and has moved on to future endeavors. Mr. Dave Barron will step back into the role of President and CEO for the corporation. Dave is our founding President and brings stability to the corporation with his strong leadership and guidance to management and strives to ensure that the company is governed to the highest independent standards. Dave leads our design team and was the founder and originating Patent holder of the "Baron Stol" which named after him brings both safety and performance to the Beaver and Otter aircraft. Gerald is a Certified Public Accountant registered in the State of Illinois as well as a C.A., which is the Institute of Chartered Accountants of British Columbia. He brings a vast number of years of experience in public companies both in Canada and the USA. He has worked both as a Controller, Chief financial Officer as well as Group Accountant. Gerald brings along his experience in coordinating efforts of foreign subsidiary and joint venture accountants as well as extensive experience in preparing budgets, forecasts, cash flows and related management reports required by managing directors. He has prepared financial information for prospectuses and stock exchange listing applications. Reporting directly to the President Mr. Dave Barron, Gerald will be responsible for all aspects of the company's financial planning, accounting and reporting. He will work directly with the accounting team at AOG to manage the accounting function of the company. He will lead the executive team on restructuring and developing their cash flow in the company daily as well as monthly and annually. The Board of Directors have approved the financial statements for the year ended September 30, 2005 and upon receipt of the auditors report the financials will be disseminated immediately to the public. These nominations have been recommended by the newly implemented Corporate Governance policies and approved by the Board of Directors of AOG. The Company's shares trade on the TSX Venture Exchange under the symbol "ASP". For further information, please visit the company's website at: www.aogair.com or contact the company at: aog(at)aogair.com

View stock analysis, news, and events for Transatlantic Mining Corp.

More from Transatlantic Mining Corp.

All Transatlantic Mining Corp. news →