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Last $0.13 USD
Change Today -0.023 / -15.03%
Volume 98.6K
As of 5:20 PM 07/28/15 All times are local (Market data is delayed by at least 15 minutes).

z-trim holdings (ZTHO) Key Developments

Z Trim Holdings Inc. Announces Executive Changes, Effective May 18, 2015

On May 6, 2015, Z Trim Holdings Inc. announced the appointment of Anthony Saguto as the chief financial officer of the company, effective May 18, 2015. Mr. Saguto will replace John Elo, who is retiring as chief financial officer of the company, effective May 18, 2015. From 2011 to 2013, he was the chief financial officer of Foulds, Inc. Prior to joining the company, he was chief financial officer of Kronos Foods. From 1994 to 2011, he was controller and chief financial officer of Stampede Meat, where he was a member of the founding management team.

Z-Trim Holdings, Inc. Announces Board Changes

The Board of Directors of Z Trim Holdings, Inc. appointed Daniel Jeffery to serve as a director on its Board of Directors. Mr. Jeffery was appointed to fill the vacancy created by the resignation of Mark Hershhorn from the company's Board of Directors. On Mach 10, 2015, the company received Mr. Hershhorn's written resignation as a Director of the company.

Z-Trim Holdings, Inc. Announces Management Changes

Z Trim Holdings, Inc. announced that it has appointed veteran Directors Edward B. Smith, III and Morris Garfinkle as CEO and Chairman of the Board, respectively, effective January 8, 2015. Outgoing CEO Steven J. Cohen will become Managing Director of Communication and Planning. Ed Smith is the Managing Partner of Aristar Capital Management, LLC. From April 2005 through December 2014, Mr. Smith was the Managing Partner of Brightline Capital Management, LLC. Garfinkle is the Founder, Chairman and CEO of Tailwind Consultants, LLC and Co-Founder of Kelly Garfinkle Strategic Restructuring, LLC.

Z Trim Holdings, Inc. Announces Sales Results for the Third Quarter of 2014

Z Trim Holdings, Inc. announced sales results for the third quarter of 2014. For the quarter, the company reported a 21.7% increase in sales over the same period in 2013.

Z Trim Holdings, Inc. Promotes John Elo to CFO

Z Trim Holdings, Inc. announced that it has promoted Controller, John Elo, to Chief Financial Officer effective August 18, 2014. Prior to joining the company in 2012, Mr. Elo spent over 25 years in corporate finance management at prominent food manufacturing, retail sales and financial services firms. Mr. Elo will take over from current CFO and Chief Legal Officer, Brian Chaiken, who is returning to Florida with his family.


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