Chad Verdi Named to Board of Directors of Eurotech Ltd.WASHINGTON--(BUSINESS WIRE)--March 8, 1999--Eurotech Ltd. (OTC OTC See: Over-the-counter. OTC See over-the-counter market (OTC). BB:EURO) announced today that Chad A. Verdi has agreed to join the Board of Directors of Eurotech Ltd. in its continuing effort of reorganization and corporate restructuring world wide. Verdi is presently the President and CEO (1) (Chief Executive Officer) The highest individual in command of an organization. Typically the president of the company, the CEO reports to the Chairman of the Board. of Coastal Food Service & Provisions Inc. and The Coastal Food Service Companies located in Cranston, Rhode Island Cranston, once known as Pawtuxet, is a city in Providence County, Rhode Island, United States. With a population of 79,269 as of the 2000 census, it is the third largest city in the state. The center of population of Rhode Island is located in Cranston [2]. . Under Verdi's direction Coastal Food Service Company has grown since 1991 with sales of $2 million to a projected 1999 estimate of $30 million in sales. Under the management of Verdi the Coastal Group of Company's has made two major diversified acquisitions and started an additional horizontal growth company with estimated sales in 1999 of four million dollars. In addition to Verdi's successful business operations Business operations are those activities involved in the running of a business for the purpose of producing value for the stakeholders. Compare business processes. The outcome of business operations is the harvesting of value from assets and management experience he has been an advisor and Shareholder for several public and private companies including, Wild Heart Ranch, Evergreen Communications and Eurotech Ltd. The addition of Verdi is commensurate com·men·su·rate adj. 1. Of the same size, extent, or duration as another. 2. Corresponding in size or degree; proportionate: a salary commensurate with my performance. 3. with the long term strategic goals of Eurotech Ltd., in its corporate restructuring plans. |
|
||||||||||||
Printer friendly
Cite/link
Email
Feedback
Reader Opinion