Thursday, July 30, 2009 4:50:17 PM
SARANAC, Mich., May 27 /PRNewswire-FirstCall/ -- NXGen Holdings, Inc. (Pink Sheets: NXGH) is pleased to announce that the Company has appointed Mr. William White as its new Chief Executive Officer and sole director and has accepted the resignation of current board members and management team. Mr. White has over 20 years experience in sales and management within the consumer product and restaurant business.
Between 2008 and 2009, Mr. White served as Vice President of Sales and Operations for Enzyme Consultants, where he helped launch a product line into WOW Green, a network marketing company. Mr. White also served as the Beverage Manager, from 2002 to 2007, for a five-state area in the Midwest for Clark National, where he was successful in increasing the product line sales by over 400% and launched a highly successful convenience store program, responsible for 200% of this growth, in his final two years with the company. Between 1995 and 2002, Mr. White served as the District Manager for Sara Lee Coffee and Tea in Western Michigan, where he oversaw three routes and two service technicians, as well as a new account sales force. Mr. White improved bottom line contribution from negative $95,000 to $1.2MM in five years and was awarded the Excalibur Award, the highest achievement award for a District Manager, twice, as well as the Tip Toe Through the Tulips Award, an all expense paid trip to Europe, for achieving the highest liquid coffee sales. Between 1990 and 1995, Mr. White served as a Route Supervisor for Nickels' Bakery, whose routes serviced all the bakery needs for every Burger King, Arby's and Olive Garden Restaurant in the state of Michigan. During this period, Mr. White grew his route system from seven routes, averaging $7,500 per week in sales, to 16 routes, averaging $11,000 per week in sales.
"Over the next several weeks, NXGen Holdings will be evaluating acquisition candidates that are producing environmentally friendly or 'green' products. I look forward to helping bring NXGen Holdings to the next level," stated William White, Chairman and CEO of NXGen Holdings, Inc.
About NXGen Holdings, Inc.:
NXGen Holdings, Inc., through its wholly owned subsidiary, NXGen, Inc., is focused on providing solutions to commercial fleet operators, enhancing their productivity and operating efficiencies. NXGen Holdings' mission is to become a recognized leader by aggressively investing in new acquisitions, building strategic alliances and securing strategic partnerships with technologically advanced and environmentally friendly companies.
Safe Harbor Act: This release includes forward-looking statements made pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995 that involves risks and uncertainties including, but not limited to, the impact of competitive products, the ability to meet customer demand, the ability to manage growth, acquisitions of technology, equipment, or human resources, the effect of economic business conditions, and the ability to attract and retain skilled personnel. The Company is not obligated to revise or update any forward-looking statements in order to reflect events or circumstances that may arise after the date of this release.
SOURCE NXGen Holdings. Inc.
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