Brief: Parkit Enterprise announces suspension with pay of CEO, CIO & CFO

Parkit Enterprise

03/06/2016 24:31

June 2 (Reuters) - Parkit Enterprise Inc  PKT.V  
    * Parkit Enterprises Inc. suspends Richard Baxter, Patrick 
Bonney And Simon Buckett as officers and announces engagement of 
advisors 
    * Says suspends with pay Richard Baxter, president and chief 
executive officer 
    * Board has engaged Bryan Wallner, who is one of current 
independent directors of board, to serve as interim CEO 
    * Board took this step due to concern that dissident 
officers are conflicted,unable to properly exercise fiduciary 
duties 
    * Says suspends with pay Simon Buckett, chief financial 
officer 
    * Says suspends with pay Patrick Bonney, chief investment 
officer of parkit 
    * Board has engaged Nigel Kirkwood to serve as interim CFO 
during suspension period 
 
    Source text for Eikon:  ID:nCCN6GWjCF  
    Further company coverage:  PKT.V  
 
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