Home / Knowledge / News / Apparel/Garments / DHB Industries Chairman & CEO on paid administrative leave

DHB Industries Chairman & CEO on paid administrative leave

11
Jul '06
Leader in the field of protective body armor DHB Industries Inc announced that its Board of Directors has placed David Brooks, the Company's Chairman and Chief Executive Officer (CEO), on paid administrative leave for an indefinite period of time and pending the outcome of federal, state and internal investigations. Mr. Brooks will have no authority to act except as the Board may determine by future resolution.

The Company also announced that General (Ret.) Larry Ellis, DHB's President will assume the role of acting Chief Executive Officer and Senator William Campbell, who was previously elected to the Board of Directors on May 9, 2006, will serve as Chairman of the Board.

General (Ret.) Larry Ellis was elected to the Company's Board of Directors in December 2004 and was later named President of the Company on May 3, 2005. Mr. Ellis, a U.S. Army 4-Star General (Ret.), was appointed to the grade of General Officer by the Commander in Chief in November 2001 and completed his distinguished military career as Commanding General, United States Army Forces Command, Atlanta, GA, where he retired in July 2004, after a distinguished 35 year career.

Senator Campbell has served in the California legislature for 22 years, including 14 years as a state senator. During his senate career, he held a number of distinguished positions, including Chairman of the Joint Legislative Budget Committee, Minority Floor Leader, and was a member of the Senate Rules Committee.

As previously announced on June 30, 2006 in its Form 8-K filing with the Securities and Exchange Commission, DHB Industries, Inc. received a notice from the American Stock Exchange on June 26, 2006, the national securities exchange that maintained the principal listing for the Company's common stock, that it would strike the common stock of the Company from listing and registration on the Amex. On July 6, 2006, the common stock of DHB Industries, Inc. began trading on the Pink Sheets, a centralized electronic quotation service for over-the-counter securities, under the symbol, "DHBT.PK", as of market open.


Must ReadView All

Pic: Shutterstock

Textiles | On 22nd Feb 2020

Pharr sells Pharr High Performance to Coats Group

Pharr, a provider of differentiated textile products and assorted...

Pic: Shutterstock

Textiles | On 22nd Feb 2020

TOAI highlights importance of textiles in auto industry

The first edition of the conference 'Textile Opportunities in a...

Pic: Shutterstock

Textiles | On 22nd Feb 2020

Cocona's 37.5 fibres to have new biodegradable additive

All of the 37.5 staple fibres and filament yarns by Cocona, will now...

Interviews View All

Nuno Venda, ROQ

Nuno Venda
ROQ

‘There has been an increase in demand for water based inks, rather than...

Kaizad Hansotia, GetNatty

Kaizad Hansotia
GetNatty

Competition is the best thing that can happen to a startup

C Kamatchisundaram, Voltas

C Kamatchisundaram
Voltas

ITME is an occasion not only to receive new leads but also to work on...

Puneet Jain & Yatin Jain,

Puneet Jain & Yatin Jain

Odhni is an indutva or ethnicwear brand started in 1999 by the Jain...

Shyam Gupta & Ravi Gupta,

Shyam Gupta & Ravi Gupta

Based out of South Delhi, Gargee Designer's provides bespoke formal and...

Zafer Demirel,

Zafer Demirel

Turkey's Canlar Mechatronics is a leading designer and manufacturer of...

Larry L Kinn, Suominen Corporation

Larry L Kinn
Suominen Corporation

Larry L Kinn, Senior Vice President - Operations Americas of Suominen...

Frank Heislitz, Freudenberg

Frank Heislitz
Freudenberg

Freudenberg Performance Materials is a leading global manufacturer of...

Shujaul Rehman, Garware Technical Fibres

Shujaul Rehman
Garware Technical Fibres

Garware Technical Fibres Ltd (formerly Garware-Wall Ropes Ltd) is a...

Joe Ikareth, Joe Ikareth

Joe Ikareth
Joe Ikareth

<b>Joe Ikareth</b> has a rock-solid fashion and textiles background, which ...

Tony Ward, Tony Ward

Tony Ward
Tony Ward

"You have to truly understand what your client wants, know her needs, what ...

Judy Frater, Somaiya Kala Vidya

Judy Frater
Somaiya Kala Vidya

Among the many honours showered on Frater, including Fulbright and Ford...

Press Release

Press Release

Letter to Editor

Letter to Editor

RSS Feed

RSS Feed

Submit your press release on


editorial@fibre2fashion.com

Letter To Editor






(Max. 8000 char.)

Search Companies





SEARCH

Leave your Comments


February 2020

Subscribe today and get the latest update on Textiles, Fashion, Apparel and so on.


Advanced Search