Odyssey Logistics & Technology Adds Chief Financial Officer For Long Term Growth; Financial Industry Veteran Cosmo J. Alberico Tapped to Run Odyssey's Global Finance Team in North America, Europe and the Far East.DANBURY, Conn. -- Odyssey Logistics & Technology Corporation, a provider of global transportation and logistics services for process manufacturers, today announced the expansion of its executive team with the addition of a chief financial officer to support its ongoing growth strategy. Odyssey selected Cosmo J. Alberico, a financial industry veteran of more than 20 years and a proven leader in running world class financial organizations. "We've added this strategic position as we look to continue growth in North America North America, third largest continent (1990 est. pop. 365,000,000), c.9,400,000 sq mi (24,346,000 sq km), the northern of the two continents of the Western Hemisphere. and in other parts of the world," said Robert Shellman, 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 Odyssey. "Cosmo brings a wealth of global financial management skills and experience to Odyssey. His extensive experience building and running global finance teams will prove to be a valuable asset to our management team and the future of our company." Alberico has held senior financial positions for small entrepreneurial, mid-market and large multinational companies whose product and service offerings included high-quality and cost-effective outsourcing solutions. Most recently, Mr. Alberico headed up finance for System Management Arts (SMARTS), a software and technology services company based in White Plains, N.Y. During his three year tenure at SMARTS, the company grew its profitable business over 300 percent and was recently acquired by computer storage giant EMC Corporation EMC Corporation (NYSE: EMC) is an American Fortune 500 and S&P 500 manufacturer of software and systems for information management and storage. It is headquartered in Hopkinton, Massachusetts, USA. . About Odyssey Logistics & Technology Odyssey Logistics & Technology provides global logistics management Logistics Management is that part of Supply Chain Management that plans, implements, and controls the efficient, effective, forward, and reverse flow and storage of goods, services, and related information between the point of origin and the point of consumption in order to meet services to the chemical industry and other process manufacturers. Odyssey enables its customers to outsource any part of the management and transportation of their raw materials and finished goods, helping these companies save money through reduced transportation and infrastructure costs, measurable customer service and process improvements, and enhanced data quality and management. The Odyssey team of chemical engineers and logisticians brings unparalleled expertise to the logistics supply chain in all modes of transport. The Odyssey Global Logistics Platform is a first-of-its kind transportation management infrastructure that serves as the technology backbone to its service offering. Odyssey International is a licensed export freight forwarder An individual who, as a regular business, assembles and combines small shipments into one lot and takes the responsibility for the transportation of such property from the place of receipt to the place of destination. and wholly owned subsidiary Wholly Owned Subsidiary A subsidiary whose parent company owns 100% of its common stock. Notes: In other words, the parent company owns the company outright and there are no minority owners. of Odyssey Logistics & Technology, managing exports to more than 80 countries. The company is backed by investors Trident Capital, LogiSpring, Boston Millennia Partners, CMEA CMEA Council for Mutual Economic Assistance CMEA Cellular Message Encryption Algorithm CMEA Canadian Music Educators' Association CMEA Council for Mutual Economic Aid CMEA Certified Machinery Equipment Appraiser CMEA Colorado Music Education Association Ventures and RRE RRE Red Rock Eater (News Service) RRE Road Race Engineering RRE Remote Roof Easy RRE Residential Real Estate RRE Rise-And-Run-Length Encoding RRE Royal Radar Establishment (Great Britain) Ventures. For more information, visit www.odysseylogistics.com on the Web. |
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