Brief: Schmitt Industries Says To Seek Disposition Of Non-Core Assets

Schmitt Industries

27/11/2018 13:38

Nov 27 (Reuters) - Schmitt Industries Inc  SMIT.O :
    * SCHMITT INDUSTRIES ANNOUNCES STRATEGIC REORGANIZATION
    * SCHMITT INDUSTRIES INC - MICHAEL ZAPATA APPOINTED
EXECUTIVE
CHAIRMAN, PRESIDENT OF SCHMITT
    * SCHMITT INDUSTRIES INC - DAVID CASE, CEO, NAMED SPECIAL
ADVISOR
TO BOARD OF DIRECTORS
    * SCHMITT INDUSTRIES INC - COMPANY TO SEEK DISPOSITION OF
NON-CORE
ASSETS
    * SCHMITT INDUSTRIES INC - CHANGES WILL TAKE EFFECT DECEMBER
1,
2018
    * SCHMITT INDUSTRIES INC -APPOINTS ANN FERGUSON, CHIEF
FINANCIAL
OFFICER; XACT GENERAL MANAGER
    * SCHMITT INDUSTRIES INC - RETIREMENT OF MICHAEL ELLSWORTH,
AS
CHAIRMAN AND DIRECTOR, WHICH WILL BE EFFECTIVE DECEMBER 1, 2018
    * SCHMITT - DAVID CASE TO TRANSITION FROM CEO TO SERVE AS
SPECIAL
ADVISOR TO BOARD OF DIRECTORS TO STEWARD REORGANIZATION THROUGH
MID-APRIL 2019

Source text for Eikon:  ID:nGNX2GVt7x 
Further company coverage:  SMIT.O 

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