Attached files
| file | filename |
|---|---|
| 8-K - WESTMOORE HOLDINGS, INC. - WESTMOORE HOLDINGS, INC. | westmoore_8k-100109.htm |
Exhibit
99.1
FOR
IMMEDIATE RELEASE
WESTMOORE
HOLDINGS ANNOUNCES ELECTION OF NEW CEO
LONG
BEACH, CA – October 12, 2009 - Westmoore Holdings, Inc. (WSMO.PK), a diversified
holding company, today announced the election of Kevin E. Wheeler as its chief
executive officer, effective October 1, 2009. In his new position, Mr. Wheeler
is responsible for the leadership and direction of the company utilizing his
experience to increase profitability and further capitalize on the current
opportunities in the small to mid-cap marketplace.
Prior to
joining Westmoore Holdings, Inc., Mr. Wheeler was the president of Focal Point
Management Group, LLC which he started in 2007 to provide consulting services to
public and private corporations under $200 million. While there, he supplied
finance, accounting, and strategic management services to several companies in
the financial services, manufacturing, and construction industries. Mr. Wheeler
has been an outside accounting consultant with Westmoore Holdings, Inc. over the
last 5 years. His career has been focused on small to mid-cap companies between
$5 million and $120 million. This early stage focus has provided Mr. Wheeler
with experience in dealing with the numerous hurdles that so often inhibit a
small company’s growth. He is a certified CPA and graduated from Azusa Pacific
University in 1992 with a degree in Accounting.
In
addition, George Alvarez, Colin Tay, Mark Molenaar, and Matthew Jennings have
stepped down from their management and/or board positions. Mr. Wheeler shall also serve as the sole
director.
About
Westmoore Holdings, Inc.
WSMO is a
diversified holding company controlling and operating a number of businesses
including Bear Industrial Holdings, Inc. and HBRG Acquisitions,
Inc. WSMO is headquartered in Long Beach, California.
Contact:
Gant
Morgner
Westmoore
Investor Relations
Tel:
619.929.1022
Email:
gmorgner@westmooreinc.com
###