article 6 - John Arlitt resigned as CEO and Chairman of...

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Tyler Evans Heather Stone ECO231 1 March 2007 Conversion Solutions Holdings Corp. Has New Directors of the Board In a short press release on Wednesday February 28, 2007, Conversion Solutions Holdings Corp. announced that they will be appointing new Directors of the Board. John Arlitt has appointed Rufus Paul Harris, Ben Stanley, Sabra Dabbs and John Walsh to be new Directors. This announcement comes in the wake of an untimely health condition contracted by John Arlitt. The replacements are also to “avoid possible litigation for the manner in which the vote to instate him as CEO was conducted.”
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Unformatted text preview: John Arlitt resigned as CEO and Chairman of Conversion Solutions Holdings Corporation, with Randy Moseley remaining as Chief Financial Officer pending Directors and Officer’s Insurance. CSHD is a holdings corporation formed to “originate, fund and source funding for asset-based transactions in the private market. Their goal is to acquire, fund and provide insurance to target companies in a certain asset finance market. They believe that their business will enable effectively compete, improve operations and increase value....
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