Security Devices taps Bryan Ganz as CEO, replacing Paul Jensen
Security Devices (OTCMKTS:SDEV) (CSE:SDZ) on Tuesday announced sweeping changes to its C-Suite, with the news that its president Bryan Ganz has replaced Paul Jensen at the helm as CEO.
As well as overseeing daily operations at the non-lethal defense technology company, Ganz will remain chairman of the board while Jensen, who retired at the start of April, will stay on in a part-time capacity as a director.
In response to the change at the company’s top, investors sent Security Devices shares up 5.4% to $0.15 in morning trade Tuesday.
READ: Security Devices hits the bullseye with the Byrna, which is targeted at the non-lethal weapons market
As part of the shake-up, Dean Thrasher has also resigned as the company’s executive chairman and the board’s corporate secretary to “pursue other endeavors”. And Lisa Klein Wager, the company’s general counsel and chief legal officer, has been tapped as Thrasher’s replacement as corporate secretary on top of her existing job.
In other news, the Wakefield, Massachusetts company has awarded 333,333 shares to Ganz under a consulting agreement from last year.
Security Devices has also issued 180,000 shares to 2412457 Ontario Corp, a company controlled by its former executive chairman Dean Thrasher under another consulting pact. And another 250,000 shares have been issued to its chief lawyer Lisa Klein Wager.
Security Devices manufactures and sells less-lethal security devices and ammunition. The Wakefield, Massachusetts company’s products are used by the military, correctional services, police agencies, private security companies and individuals looking for personal security. Founded in 2005, the company operates in Canada and the US.
Contact Ellen Kelleher at [email protected]
Story by ProactiveInvestors
Source: https://www.proactiveinvestors.com/companies/news/217781/security-devices-taps-bryan-ganz-as-ceo-replacing-paul-jensen-217781.html
Anyone can join.
Anyone can contribute.
Anyone can become informed about their world.
"United We Stand" Click Here To Create Your Personal Citizen Journalist Account Today, Be Sure To Invite Your Friends.
Please Help Support BeforeitsNews by trying our Natural Health Products below!
Order by Phone at 888-809-8385 or online at https://mitocopper.com M - F 9am to 5pm EST
Order by Phone at 866-388-7003 or online at https://www.herbanomic.com M - F 9am to 5pm EST
Order by Phone at 866-388-7003 or online at https://www.herbanomics.com M - F 9am to 5pm EST
Humic & Fulvic Trace Minerals Complex - Nature's most important supplement! Vivid Dreams again!
HNEX HydroNano EXtracellular Water - Improve immune system health and reduce inflammation.
Ultimate Clinical Potency Curcumin - Natural pain relief, reduce inflammation and so much more.
MitoCopper - Bioavailable Copper destroys pathogens and gives you more energy. (See Blood Video)
Oxy Powder - Natural Colon Cleanser! Cleans out toxic buildup with oxygen!
Nascent Iodine - Promotes detoxification, mental focus and thyroid health.
Smart Meter Cover - Reduces Smart Meter radiation by 96%! (See Video).