Employment Changes

CorpBanca Announces Changes to the Board of Directors and Dividend Payment Proposal

by on February 10, 2012

SANTIAGO, CHILE–(Marketwire – Feb 10, 2012) – On February 2, 2012, CORPBANCA ( NYSE : BCA ) held an ordinary meeting of the Board of Directors. At the ordinary meeting, Mr. Alvaro Saieh B. announced his resignation as a member and Chairman of the Board. Mr. Saieh B. has been a member of the Board since 1996 and Chairman of the Board since 2008. Mr. Saieh B. publicly announced that the positive growth of CorpGroup, the parent company of the Bank, the sophistication of its subsidiaries and the expertise of their respective management teams allow him to assume a different role. Even though Mr. Saieh B. will no longer serve as a member and Chairman of the Board, he will continue his relationship with the Bank concerning issues related to strategic development, control and new business.

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CorpBanca Announces Changes to the Board of Directors and Dividend Payment Proposal

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Guaranty Bancorp Announces New Board Member

by on February 10, 2012

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Governor Rick Scott Appoints William Bracken to Board of Professional Engineers

February 9, 2012

TAMPA, FL–(Marketwire – Feb 9, 2012) – Today the Florida State Senate approved Governor Rick Scott’s appointment of William C. Bracken to the Board of Professional Engineers. Mr. Bracken of Tampa is the president and principal engineer of Bracken Engineering Inc. He fills the vacancy created by the death of H. D. Wallis and is appointed for a term beginning January 30, 2012, and ending October 31, 2015.

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CommerceTel Appoints Tim Schatz as Its CFO

February 9, 2012

SAN DIEGO, CA–(Marketwire – Feb 9, 2012) – CommerceTel Corporation ( OTCBB : MFON ) (“CommerceTel” or “Company”), an award-winning provider of proprietary mobile marketing technologies and solutions, announced that the board of directors has appointed Tim Schatz as the Company’s Chief Financial Officer, effective February 1, 2012.

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HazelTree Fires Up to Manage New Growth

February 9, 2012

Sandeep Rawal Named CTO as Firm’s Client Base Triples in Its First Year

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Signature Group Holdings, Inc. Announces Departure of Kenneth Grossman as President

February 9, 2012

SHERMAN OAKS, CA–(Marketwire – Feb 9, 2012) – Signature Group Holdings, Inc. (the “Company” or “Signature”) ( PINKSHEETS : SGGH ) today announced the resignation of its President, Kenneth S. Grossman. He is expected to depart the Company in April following the filing of the Company’s 2011 Form 10-K with the SEC. Signature has entered into a consulting agreement with Mr. Grossman pursuant to which Mr. Grossman will continue to provide advice and counsel to Craig Noell, the Company’s Chief Executive Officer. Mr. Grossman will also continue to work with Mr. Noell and Signature’s corporate development staff to identify acquisition and other opportunities to the Company. “We are sorry to see Ken depart,” said John Nickoll, Chairman of the Board, “he is a savvy investment professional with expertise and strong relationships in the distressed arena, and I understand his desire to return to that environment.”

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Supertel Hospitality Announces Appointment of Four Directors

February 8, 2012

NORFOLK, NE–(Marketwire – Feb 8, 2012) – Supertel Hospitality, Inc. ( NASDAQ : SPPR ), a real estate investment trust (REIT) which owns 99 hotels in 23 states, today announced the appointment of Messrs. Daniel R. Elsztain, Jim Friend, Donald J. Landry, and John M. Sabin to its Board of Directors.

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Polycom Names Eric Brown Chief Financial Officer and Chief Operating Officer

February 8, 2012

Company Consolidates Financial, Operational, and IT Functions Under Brown to Increase Efficiency and Scale

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CFO Michael Kourey to Retire From Polycom

February 8, 2012

PLEASANTON, CA–(Marketwire – Feb 8, 2012) – Polycom, Inc. ( NASDAQ : PLCM ), the global leader in standards-based unified communications (UC), today announced that Mike Kourey will be retiring from his position as executive vice president and chief financial officer of Polycom in order to pursue other opportunities, including continuing to serve on corporate boards and various charitable activities. As Polycom’s seventh employee, Kourey has provided strategic financial expertise and business guidance to the company for 20 years, building a stellar financial position and reputation for Polycom. Kourey will remain with the company until March 7 to provide for a smooth transition, and he will be available as an advisor to the company through May 7, 2012. Separately, Polycom also announced it has appointed Eric Brown as the company’s new chief financial officer, chief operating officer, and executive vice president effective February 21, 2012 (see related release here ).

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Breker Verification Systems Closes Calendar Year 2011 With 150% Growth

February 8, 2012

Relocates to Silicon Valley, Adds EDA Entrepreneur Michel Courtoy to Board of Directors

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Icon Media Holdings, Inc. Announces New Board Member

February 7, 2012

RALEIGH, NC–(Marketwire – Feb 7, 2012) – Icon Media Holdings, Inc. ( PINKSHEETS : ICNM ) is pleased to announce the appointment of Lincoln Spoor as the newest member of the Icon Media Board of Directors.

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Virtacore Systems Names Phill Lawson-Shanks as Chief Technology Officer

February 7, 2012

Lawson-Shanks Brings Wealth of Experience to Fast Growing Cloud Solution Provider

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Braintree Names David Corken COO and Tracey Weinberg Senior VP Marketing

February 7, 2012

CHICAGO, IL–(Marketwire – Feb 7, 2012) – Braintree ( www.braintreepayments.com ), an online payments provider that powers commerce for many of the fastest-growing and most discerning Web 2.0, social and mobile businesses in the world, appointed David Corken to the position of chief operating officer and Tracey Weinberg as senior vice president of marketing.

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Aquasil International Inc. Appoints James Brooks as New President & CEO

February 3, 2012

NEW YORK, NY–(Marketwire – Feb 3, 2012) – Aquasil International Inc. ( PINKSHEETS : AQUS ) announced today that it has appointed Mr. James Brooks as the new President & CEO and Director of Aquasil International Inc. after the resignation of Mr. Robert Baker who will remain as a Director and officer of the company.

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Cytomedix Appoints David E. Jorden as Executive Chairman of the Board

February 3, 2012

Experienced Financial Executive Strengthens Leadership Team

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Native American Fair Commerce Coalition Names Barry W. Brandon Executive Director

February 2, 2012

Noted Native American Attorney and Advocate to Helm NAFCC’s Advocacy and Membership Operations

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Circle Star Energy Appoints Thomas M. Richards to Board of Directors

February 2, 2012

HOUSTON, TX–(Marketwire – Feb 2, 2012) – Circle Star Energy Corp. ( OTCBB : CRCL ) (the “Company”), a performance-driven company with interests in a number of high-impact, large scale oil and gas plays in Texas, is pleased to announce the appointment of Thomas M. Richards as a Director, effective immediately.

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Magnify.net Announces New Chief Business Development Officer

February 2, 2012

NEW YORK, NY–(Marketwire – Feb 2, 2012) – Magnify.net , the largest video curation and publication platform for web video today announced that John Brown has joined the company as Chief Business Development Officer.

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Former AOL and Revolution Health Executive Appointed COO of Surefire Social(R)

February 2, 2012

Ron Peele Joins Growing Internet Marketing Platform and Services Company, Also Invests

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Inphi Appoints Ford Tamer Chief Executive Officer

February 1, 2012

Former CEO Young Sohn Retires

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FrontRange Solutions Appoints Jon Temple as Chief Executive Officer

February 1, 2012

Company Looks to Future With the Addition of Software Executive With Track Record of Sustained Success

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Presstek Announces Management Changes

February 1, 2012

GREENWICH, CT–(Marketwire – Feb 1, 2012) – Presstek, Inc. ( NASDAQ : PRST ), a leading supplier of digital offset printing solutions to the printing and communications industries, today announced changes in the company’s executive management.

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Recombinant Data Executive Re-Elected to Clinical Data Interchange Standards Consortium (CDISC) Board of Directors

January 31, 2012

Dr. David Hardison to Help Shape Healthcare Data Standards to Advance Personalized Medicine

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Leading Wellness Provider Limeade Responds to Accelerated Growth With Key Executive Hires

January 31, 2012

New Sales Director Is Former VP of Sales From ShapeUp(R); New User Experience Director Hails From Microsoft(R) Research; New Marketing Director Brings Social Marketing and Gaming Experience From Microsoft Xbox(R)

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Matt Hulett Joins Yapta Board of Directors

January 31, 2012

Former President of Expedia Corporate Travel Lends Strategic Counsel to Yapta Business Services

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Reservoir Group Appoints Chief Operating Officer and Announces 60 Percent Rise in Revenue

January 31, 2012

HOUSTON, TX–(Marketwire – Jan 31, 2012) – Reservoir Group today announces the appointment of Wade McCutcheon as chief operating officer.

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Gehry Technologies Names T. Michael Nevens to Board of Directors

January 31, 2012

McKinsey & Company Veteran Brings Consummate Expertise in Both Consulting and Technology

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In Midst of Rapid Growth, TagMan Appoints Digital Marketing Expert Nancy Marzouk Chief Revenue Officer

January 31, 2012

Former IgnitionOne and [x+1] Executive to Help Broaden Adoption of TagMan’s Innovative Tag Management and Smart Tag Loading Solutions, and Further Fuel the Company’s Rapid Growth

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iSirona Appoints Chief Nursing Officer in Support of Continued Growth

January 31, 2012

PANAMA CITY, FL–(Marketwire – Jan 31, 2012) – iSirona®, a provider of simplified solutions for medical device integration, today announced that Mary Carr, RN, BSN, CPN, has been promoted to the position of Chief Nursing Officer. She will lead and strengthen the company’s deep understanding of the complexities and demands of clinical workflow in today’s healthcare facilities.

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Hy9 Corporation Appoints Gary Clarke to the Position of President and Chief Executive Officer

January 31, 2012

HOPKINTON, MA–(Marketwire – Jan 31, 2012) – Hy9 Corporation ( http://www.hy9.com ), the leading manufacturer of high purity hydrogen purifiers, and hydrogen generators for the hydrogen economy, today announced that it appointed Gary Clarke to the position of President and Chief Executive Officer. As CEO, Mr. Clarke will guide the company through a phase of rapid product development as it solidifies its position as category leader in the point of use purification and generation of hydrogen.

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Kona Grill Appoints Berke Bakay as President and CEO

January 30, 2012

SCOTTSDALE, AZ–(Marketwire – Jan 30, 2012) – Kona Grill, Inc. ( NASDAQ : KONA ), an American grill and sushi bar, has appointed Berke Bakay as president and CEO. Bakay succeeds Mike Nahkunst, who is leaving the company for personal reasons.

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Tech Council of Maryland Appoints Art Jacoby as Interim CEO

January 30, 2012

ROCKVILLE, MD–(Marketwire – Jan 30, 2012) – The Tech Council of Maryland (TCM), Maryland’s largest technology trade association with more than 400 biotechnology and technology members employing more than 200,000 in the region, today announced that Art Jacoby, a TCM board member and managing partner at Maryland Cyber Investment Partners, will serve as the association’s interim CEO.

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Property Management President and COO to Leave Dominium

January 30, 2012

Segner Will Stay On to Ensure Smooth Transition

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Plandai Biotechnology, Inc. Announces Appointment of World-Renowned Physicist to Chair Plandai Scientific Board

January 30, 2012

SEATTLE, WA–(Marketwire – Jan 30, 2012) – Plandaí Biotechnology, Inc. ( OTCBB : PLPL ) Chief Executive Officer, Roger Duffield, today announced that Dr. Tom Matula has accepted the position of Chairman of the Scientific Board for Plandaí Biotechnology, Inc., effective immediately.

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Teche Holding Company (TSH) Holds Annual Stockholders’ Meeting

January 27, 2012

NEW IBERIA, LA–(Marketwire – Jan 27, 2012) – ( NYSE Amex : TSH ) – Patrick Little, President and CEO of Teche Holding Company, parent company for Teche Federal Bank, announced that the 2012 annual stockholders’ meeting was held Wednesday, January 25, 2012. At the meeting, William Thomas Allen, Henry L. Friedman, W. Ross Little and Robert L. Wolfe, Jr., were reelected as directors. In addition, stockholders ratified the appointment of Dixon Hughes Goodman LLP as the Company’s independent auditor for the fiscal year ending September 30, 2012.

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Summer Infant, Inc. CFO Joseph Driscoll to Depart

January 26, 2012

WOONSOCKET, RI–(Marketwire – Jan 26, 2012) – Summer Infant, Inc. (“Summer Infant” or the “Company”) ( NASDAQ : SUMR ) today announced that Joseph Driscoll is stepping down as Chief Financial Officer in order to take a similar position with another public company. Mr. Driscoll, who has served as CFO since March 2007, will continue in his present capacity as CFO until the effective date of his resignation, which is currently expected to be after the filing of the Company’s 2011 Annual Report on Form 10-K. A search for Mr. Driscoll’s successor is underway.

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Spindle Inc. Names New Board Directors and Advisor

January 26, 2012

Seasoned Innovators and Financial Experts Assemble to Support Alternate Payment Solutions Provider

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BillMyParents Appoints Joe Proto to Board of Directors

January 26, 2012

SAN DIEGO, CA–(Marketwire – Jan 26, 2012) – BillMyParents, Inc. ( OTCQB : BMPI ) ( OTCBB : BMPI ), the Responsible Teen Spending Company, announced today the appointment of Joe Proto as a new member of the Company’s Board of Directors, effective January 25, 2012.

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Mobiquity Welcomes Michael Bayer as Chief Financial Officer

January 26, 2012

Bayer to Leverage Deep Experience Providing Financial Leadership to Successful Venture-Backed Technology Start-Ups

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Tintri Appoints Industry Veteran Ken Klein to Board of Directors

January 26, 2012

Proven Executive Brings Over Two Decades’ Worth of Startup Experience to the Company as It Pioneers Storage for Virtual Environments

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ista North America Announces the Appointment of Industry Leader as New CIO

January 26, 2012

ALPHARETTA, GA–(Marketwire – Jan 26, 2012) – ista North America, the country’s leader in energy and water metering, billing and management, has announced the addition of industry expert Jim Crysdale as Chief Information Officer.

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Fernando Massu Named as CorpBanca’s CEO

January 25, 2012

SANTIAGO, CHILE–(Marketwire – Jan 25, 2012) – On January 24, 2012, the Board of Directors named Mr. Fernando Massú as Chief Executive Officer of CorpBanca ( NYSE : BCA ) starting on February 6, 2012. Mr. Massú has been Corp Group’s Chief Treasury Officer since 2008 and Second Vice Chairman of the Board of Directors of the Bank since 2009.

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Zumobi Taps Digital Media Pioneer Marla Schimke as VP of Marketing

January 25, 2012

Schimke Brings Over a Decade of Marketing Leadership With Start-Ups and Fortune 500 Companies Including Microsoft, AudienceScience and Ernst & Young

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Overhill Farms Announces Resignation of CFO Tracy Quinn, Appointment of Robert C. Bruning

January 25, 2012

LOS ANGELES, CA–(Marketwire – Jan 25, 2012) – James Rudis, Chairman, President and Chief Executive Officer of Overhill Farms, Inc. ( NYSE Amex : OFI ) today announced the resignation of Tracy E. Quinn as Chief Financial Officer, effective February 24, and the appointment of Robert C. Bruning as her replacement.

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PearlBrite(TM) Retains Leonard F. Genovese of the Renowned Genovese Drug Store Chain Family to Its Board of Advisors

January 25, 2012

BOCA RATON, FL–(Marketwire – Jan 25, 2012) – PearlBriteT Concepts, Inc. (“PearlBrite”), a wholly owned subsidiary of Delta Entertainment Group, Inc. (“Delta Entertainment”) ( OTCQB : DENG ) ( OTCBB : DENG ), has retained Leonard F. Genovese to its Board of Advisors management team.

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PetroCard Announces David Harris as New Chief Executive Officer

January 24, 2012

40-Year Fueling Industry Veteran to Replace Retiring CEO Steve Tolton

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Hedge Fund Veteran Andrew S. Schneider Named CEO of Rotoblock Corp. (RTBC.OB)

January 24, 2012

CEO Appointment Follows 2011 Acquisition of China’s daifuWaste

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Synapse Wireless Expands Executive Team to Manage Growth

January 24, 2012

SNAP(R) Network Operating System User Base Grows 5X

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Online Work Pioneer Elance Raises Capital to Fuel Growth

January 24, 2012

Hiring on Elance Set to Surpass $500 Million

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Demetrios Kadenas Joins Peconic Bay Medical Center as Chief Development Officer

January 23, 2012

RIVERHEAD, NY–(Marketwire – Jan 23, 2012) – Demetrios Kadenas has joined the executive leadership team at Peconic Bay Medical Center in Riverhead, New York, as Chief Development Officer, a new position for the medical center.

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