Kyte said, We are extremely thankful for Chuck’s service to the Company. He has brought valuable knowledge, contacts and experience to STWA over the years. We welcome Chuck’s continued input and insights as we bring the Company to the next stage of its evolution.
I have been involved with STWA for many years, and I am more confident than ever that the Company’s current leadership will deliver the results our shareholder’s are anticipating, said Blum. The discussion to reduce my role in the Company has been on the table for several months. Cecil and I have been working to transition the CEO role and I feel that he is the right person to lead the Company at this time. Furthermore, I am looking forward to retirement in the near future and spending more time with my family.