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BRIEF-Numerex says board terminated employment of Marc Zionts as CEO
January 11, 2017 / 2:53 PM / a year ago

BRIEF-Numerex says board terminated employment of Marc Zionts as CEO

Jan 11 (Reuters) - Numerex Corp :

* Board of directors has terminated employment of Marc Zionts as chief executive officer

* Kenneth Gayron, chief financial officer, will assume additional role of interim CEO

* Zionts’ termination was not related to any company accounting, internal controls, or financial reporting matter

* Expected to significantly improve its EBITDA performance over 2016 with estimates of adjusted EBITDA ranging from $8.5 million to $10 million Source text for Eikon: Further company coverage: (Bengaluru Newsroom: +91 806 749 1136)

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