Oct. 28, 2010 – Texada Software has announced that William Swisher, chairman of the company, has been named CEO, effective immediately. In connection with his appointment as CEO, Swisher will purchase 2 million common shares at 10 cents per share and has been granted a million options to purchase common shares at that price for a period of 10 years.
Swisher was named as the chairman of the board of Texada Software in July as reported here . Brian Spilak will continue as president of the company, and will purchase 350,000 common shares at the same price. The issuance of all shares to Swisher and Spilak is subject to customary regulatory approvals.
Texada Software is based in Guelph, Ont. For more information, please visit www.texadasoftware.com.
|
