Herborium Group Inc (HBRM)

[energystar]

for those interested in ECGA where some of us got our HBRM shares...news is out...
http://www.otcmarkets.com/stock/ECGA/financials

Departure of CEO; Elimination of COO Position; Appointment of New CEO
On September 3, 2010, Wayne I. Danson separated from his employment with Encompass Group Affiliates, Inc. (the “Company”) and from his
positions as President, Chief Executive Officer and director of the Company. Mr. Danson and the Company are negotiating the terms of a
separation agreement.
Also effective September 3, 2010, the Company eliminated the position of Chief Operating Officer. Mr. Steven Miller will remain with the
Company as an Executive Vice President.
Effective September 3, 2010, the Company appointed Robert Gowens of Phoenix Management Services, Inc. (“PMSI”) as its interim Chief
Executive Officer. Mr. Gowens is not expected to serve on the Company’s Board of Directors. A subsidiary of PMSI, through a team led by
Mr. Gowens, was engaged in August, 2010, to provide strategic advisory services to the Company. Mr. Gowens has been a Managing Director
at PMSI since November 2007 and has over 38 years of senior leadership experience in a variety of business environments. Mr. Gowens has
been a senior operating executive for over 16 years at both growth-oriented and challenged companies, and has had full P&L responsibility as
Chief Executive Officer, President, and Vice President/General Manager. Prior to joining PMSI, Mr. Gowens led his own consulting firm
providing strategic planning, turnaround management, reengineering, due diligence support, and other consulting services to a variety of
middle market clients. Mr. Gowens has worked with companies in both the public and private sectors.
SIGNATURE
Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the
undersigned hereunto duly authorized.
Item 5.02. Departure of Directors or Principal Officers; Election of Directors; Appointment of Principal Officers;
Compensatory Arrangements of Certain Officers.
ENCOMPASS GROUP AFFILIATES, INC.
Dated: September 8, 2010 By: /s/ William Nolan
Director, Authorized Signatory for this Report