GREAT NEWS GDAR... The catalyst is in. Mr. Kogan held management positions at Metlife (
NYSE: MET) MET stock at 43 dollars. Now GDAR will build..
In connection with the change in direction, the Company announced the appointment of Mr.
Daniel Kogan as the new President
& Chief Executive Officer effective immediately. Mr. Kogan
replaces Mr. Byrne who decided to pursue other opportunities. The Company would like to thank
Mr. Byrne for his contributions and wish him good luck with his new endeavors.
“I am delighted to join GDAR as its
President & CEO to build the new management team and
execute on the Board’s new direction to move the Company into the commercial stage and a
positive cash flow situation in the near future
” Said Mr. Kogan.
“Once we complete the licensing agreemen
t of the new products and start
receiving approvals in
the different territories, we expect to move to a cash flow positive situation very fast and t
urn the
corner to profitability” continued Mr. Kogan.
Prior to GDAR, Mr. Kogan held management positions at Metlife (
NYSE: MET) and KOSH. He
has extensive experience in finance, management and merger and acquisit
ions. Mr. Kogan holds
an MBA from St. John’s University / Peter J. Tobin College of Business.
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