Sunterra Corp.

[skeptic0]

Sunterra Corporation Announces Changes to Senior Management

http://biz.yahoo.com/bw/060710/20060710005847.html?.v=1
Sunterra Corporation Announces Changes to Senior Management
Monday July 10, 1:36 pm ET
James A. Weissenborn and C. Alan Bentley of Michigan-Based Mackinac Partners Named Interim President/C.E.O. of Sunterra Corporation and Interim C.O.O. Sunterra Europe


BLOOMFIELD HILLS, Mich.--(BUSINESS WIRE)--July 10, 2006--Sunterra Corporation (OTC:SNRR.PK - News), one of the world's largest vacation ownership companies, has appointed an interim financial management team with experience in corporate restructuring and financial turnaround. The company, which was delisted from the NASDAQ because of delayed financial statements and is subject to allegations of improper financial reporting, named James A. Weissenborn as its Interim President and Chief Executive Officer, effective June 22.


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