This Day On The Street
Continue to site right-arrow
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
Stocks Under $10 with 50-100% upside potential - 14 days FREE!

Treaty Energy Corporation Announces Management Team And Board Of Directors Changes

Stocks in this article: TECO TECO

NEW ORLEANS, Aug 4, 2014 /PRNewswire/ -- Treaty Energy Corporation (OTCQB: TECO), a growth-oriented energy company in the oil and gas industry, today announced changes to its management team and additions to its Board of Directors.

Chris D. Tesarski, Executive Chairman of Treaty Energy since May 1, 2014, was appointed Chief Executive Officer (CEO) of the company on July 28, 2014, following the resignation of Andrew V. Reid as its Chairman and CEO.

Mr. Tesarski stated, "The Board of Directors accepted the resignation of Mr. Andrew V. Reid as Chairman of the Board, member of the Board of Directors and CEO of the company. Mr. Reid's resignation is effective July 28, 2014. The company wishes to thank Mr. Reid for his tenure and wishes him all success in his new ventures."

Mr. Tesarski announced that, " Andrew L. Kramer, the company's Vice President, General Counsel and Corporate Secretary, became a member of the Board of Directors.  In addition, I am pleased to welcome another new member as well! Rana Ghosh of Ft. Lauderdale, FL has been appointed to the Board. Mr. Ghosh brings extensive experience from the infrastructure and utility sectors of the energy business. In addition, in anticipation of completion of the compliance reporting required to bring market credibility back to the company under way currently; and an exciting reworking of the company's vision and strategy, Mr. Carl McCutcheon from Houston, Texas joins the team as, Special Business Advisor to the Board of Directors." The new leadership team is stalwart in its commitment to see TECO achieve a series of definitive and positive milestones in the coming year. Management will bring that definitive action plan to shareholders following its first official board meeting in September.

"Carl will also take the lead in helping to add a critical member to the Board in the fall, an individual who will bring extensive engineering and geotechnical experience, to give Treaty Energy a fully developed, energy-focused Board of Directors to guide the company through its next phase of development," added Mr. Tesarski.

1 of 4

Select the service that is right for you!

COMPARE ALL SERVICES
Action Alerts PLUS
Try it NOW

Jim Cramer and Stephanie Link actively manage a real portfolio and reveal their money management tactics while giving advanced notice before every trade.

Product Features:
  • $2.5+ million portfolio
  • Large-cap and dividend focus
  • Intraday trade alerts from Cramer
  • Weekly roundups
TheStreet Quant Ratings
Try it NOW
Only $49.95/yr

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
  • Upgrade/downgrade alerts
Stocks Under $10
Try it NOW

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

Product Features:
  • Model portfolio
  • Stocks trading below $10
  • Intraday trade alerts
  • Weekly roundups
Dividend Stock Advisor
Try it NOW

Jim Cramer's protege, 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
  • Alerts when market news affect the portfolio
  • Bi-weekly updates with exact steps to take - BUY, HOLD, SELL
Real Money Pro
Try it NOW

All of Real Money, plus 15 more of Wall Street's sharpest minds delivering actionable trading ideas, a comprehensive look at the market, and fundamental and technical analysis.

Product Features:
  • Real Money + Doug Kass Plus 15 more Wall Street Pros
  • Intraday commentary & news
  • Ultra-actionable trading ideas
Options Profits
Try it NOW

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

Product Features:
  • 100+ monthly options trading ideas
  • Actionable options commentary & news
  • Real-time trading community
  • Options TV
To begin commenting right away, you can log in below using your Disqus, Facebook, Twitter, OpenID or Yahoo login credentials. Alternatively, you can post a comment as a "guest" just by entering an email address. Your use of the commenting tool is subject to multiple terms of service/use and privacy policies - see here for more details.
Submit an article to us!

Markets

DOW 18,030.21 +6.04 0.03%
S&P 500 2,081.88 -0.29 -0.01%
NASDAQ 4,773.4720 +8.0480 0.17%

Brokerage Partners

Rates from Bankrate.com

  • Mortgage
  • Credit Cards
  • Auto

Free Newsletters from TheStreet

My Subscriptions:

After the Bell

Before the Bell

Booyah! Newsletter

Midday Bell

TheStreet Top 10 Stories

Winners & Losers

Register for Newsletters
Top Rated Stocks Top Rated Funds Top Rated ETFs