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Sonde Resources Corp. Message Board

  • six_minute_mile six_minute_mile May 3, 2013 5:17 PM Flag

    CEO CU L8R

    Sonde Resources
    Corp. ("Sonde" or the "Company") (TSX: SOQ) (NYSE MKT: SOQ) announced today that
    Jack Schanck, President and Chief Executive Officer, has formally notified the
    Board of Directors of his intention to retire from Sonde for personal reasons.
    Mr. Schanck's retirement is effective on the earlier of June 30, 2013 and the
    appointment of a successor to the position of President and Chief Executive
    Officer. Mr. Schanck will also be retiring from the Board of Directors but he
    has agreed to stay on as an advisor until December 31, 2013 to assist with the
    transition. The Board of Directors has formed a search committee which is in the
    advanced stages of identifying a suitable replacement for Mr. Schanck.

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    • I stand corrected, somewhat...see below
      Co announces that effective immediately it has added Rick George, as Chairman, and Allan Markin, as Vice-Chairman. Jack Schanck, who has acted as Chair on an interim basis, will remain on the Board. Bill Andrew remains on the Board and will share the Vice-Chairman duties with Markin. Rick George served as a director and the President and Chief Executive Officer of Suncor from 1991 to 2012.

    • I see this post is a week old so in case you didn't now he is now CEO of Penn West, God helpem.

    • Wow, well, I guess we now know who has been dumping shares like they were going to be worth toilet paper in the near future...non-other then the ever optimistic and enthusiastic CEO who has been promising all kinds of stuff and delivering on nothing. We'll see if they can put someone in charge who actually can make things happen. I think the stock is going to .80c on Monday though. Can't wait for the conference call on Tuesday. Should be interesting to hear him say why he is leaving right before all the things he has been working on so diligently over the past couple years are about to come to fruition...oh wait, nothing has come to fruition...hasn't stopped him from earning 700,000 to 900,000 a year while common stock holder has lost 80-90%.

 
SOQ
0.31-0.03(-7.49%)Jul 28 4:00 PMEDT