This Day On The Street
Continue to site
ADVERTISEMENT
This account is pending registration confirmation. Please click on the link within the confirmation email previously sent you to complete registration.
Need a new registration confirmation email? Click here

Gasco Energy Announces Changes In Officers And Directors

DENVER, Sept. 20 /PRNewswire-FirstCall/ -- Gasco Energy (NYSE Amex: GSX) today announced changes to its officers and directors and a plan of succession.  

Effective immediately, the Board of Directors has appointed director Charles B. Crowell to serve as the Company's Chairman of the Board of Directors, replacing Mark A. Bruner as Chairman.  Mr. Bruner will remain as a Director.  In addition, Mr. Crowell announced his planned retirement as chief executive officer effective January 1, 2011, he will continue to serve as Chairman of the Board of the Company.  Mr. Crowell has served on various committees of Gasco's Board of Directors since July 2002.

The Board also unanimously agreed that the Company's current president and chief financial officer, W. King Grant, would be appointed as chief executive officer upon Mr. Crowell's resignation.  Effective immediately, the Board also appointed Mr. Grant to serve as a member of the Board of Directors.  Mr. Grant has been an officer of the Company in various positions since July 2001.  

Management Comment

Commenting on the new composition of officers and directors, Gasco's Chairman of the Board Chuck Crowell said: "The Board of Directors is pleased to announce today's orderly plan of succession for officers and Directors.  On behalf of the Board, I would like to welcome King as a member of the Board of Directors and look forward to his contributions as a Director.  Along with senior management of the Company, we will work together for the remainder of 2010 to ensure a smooth transition when King takes over as CEO.  King is a dedicated and effective executive for Gasco and its shareholders.  This management change is indicative of the faith that the Board has in his performance and his ability to continue to manage Gasco's future."

1 of 2

Check Out Our Best Services for Investors

Action Alerts PLUS

Portfolio Manager Jim Cramer and Director of Research Jack Mohr reveal their investment tactics while giving advanced notice before every trade.

Product Features:
  • $2.5+ million portfolio
  • Large-cap and dividend focus
  • Intraday trade alerts from Cramer
Quant Ratings

Access the tool that DOMINATES the Russell 2000 and the S&P 500.

Product Features:
  • Buy, hold, or sell recommendations for over 4,300 stocks
  • Unlimited research reports on your favorite stocks
  • A custom stock screener
Stocks Under $10

David Peltier uncovers low dollar stocks with serious upside potential that are flying under Wall Street's radar.

Product Features:
  • Model portfolio
  • Stocks trading below $10
  • Intraday trade alerts
14-Days Free
Only $9.95
14-Days Free
Dividend Stock Advisor

David Peltier identifies the best of breed dividend stocks that will pay a reliable AND significant income stream.

Product Features:
  • Diversified model portfolio of dividend stocks
  • Updates with exact steps to take - BUY, HOLD, SELL
Trifecta Stocks

Every recommendation goes through 3 layers of intense scrutiny—quantitative, fundamental and technical analysis—to maximize profit potential and minimize risk.

Product Features:
  • Model Portfolio
  • Intra Day Trade alerts
  • Access to Quant Ratings
Options Profits

Our options trading pros provide over 100 monthly option trading ideas and strategies to help you become a well-seasoned trader.

Product Features:
  • Actionable options commentary and news
  • Real-time trading community
SYM TRADE IT LAST %CHG
GSX $0.02 0.00%
AAPL $129.96 0.00%
FB $80.44 0.00%
GOOG $539.18 0.00%
TSLA $248.35 0.00%

Markets

DOW 18,011.94 -28.43 -0.16%
S&P 500 2,109.60 -2.13 -0.10%
NASDAQ 5,076.5240 -6.4050 -0.13%

Partners Compare Online Brokers

Free Reports

Top Rated Stocks Top Rated Funds Top Rated ETFs