Treaty Energy Corporation announced certain actions and changes that its leadership team believes will improve the Company's operations and decision making capabilities.
Addition of Three Directors Increases the Board of Directors to Five Directors:
Chris D. Tesarski, Chairman and CEO of the Company, stated, 'We are extremely pleased that three of our shareholders have stepped up to the plate to assist in the leadership and direction of our Board of Directors, particularly in view of the recent departure of the third Board Member, Mr. Ghosh. The following shareholders have agreed to accept appointment as non-executive Directors of the Board of TECO to join the current two members of the Board: Mr. Oral Glasco; Mr. John J. 'Sean' Hickey; and Mr. David Taylor. We may, of course, also reach out to other shareholders to serve in an advisory capacity to the Board.'