Fort Lauderdale, FL -- March 27, 2017 -- InvestorsHub NewsWire -- Effective March 24 th 2017, Mr. Mark Solomon has tendered his resignation as CEO from The Automotive Resource Network Holdings, Inc. (OTC.PK: ARNH). Mr. David Failla replaces Mr. Solomon as Interim CEO. The company thanks Mr. Solomon for his service and wishes him well in future endeavors.
The company welcomes Mr. Failla to the organization and looks forward to working with him as he begins the task of satisfying OTC requirements. Mr. Failla says “I’m excited to work with ARNH and look forward to quickly bring our filings current, while evaluating acquisition opportunities”.
David Failla has over 30 years of experience predominantly in the food service industry. His experience includes: multi-unit food service operations, frozen food distribution and over five years of accounting and administrative experience with public companies. Mr. Failla holds a BS in Accounting from Kutztown University in Kutztown, PA.
About The Automotive Resource Network Holdings, Inc. (ARNH)
The Automotive Resource Network Holdings, Inc. is a holding company trading on OTC Pink Sheets Market under the symbol/ ticker ARNH. Initially the company started out as a FOREX trading platform, the company was then sold. The business model had changed to focus on automotive service insurance contracts. It was to be marketed through Multi-Level Marketing channels. That business model failed and resulted in several lawsuits being filed against the company. For the past five years, the company has been in litigation, and earlier this year it’s third and final lawsuit was dismissed. The majority shareholder has been keeping the company viable. Now that all litigation is over, the company looks forward to interact with shareholders and creditors. At the same time, pursuing acquisition targets.
