Int Apparel Group COO, Costley, to Chair Interim BoD
07 Jul '07
1 min read
Total Luxury Group Inc's Board of Directors has named COO and President of International Apparel Group Inc, Janon Costley, to act as the Interim Chairman of the Board of Directors, and appointed Dennis Sinclair as Interim CEO.
Each shall serve in such capacity until the company's year end audit is completed and a Shareholders meeting is held to elect a new slate of Directors, including replacements for the recently deceased director Samuel Hughes, and for Sandy Masselli, who has officially resigned from the Company.
Mr. Costley, the Company's Chief Operating Officer, and President of Apparel Operations, will take over the position of Interim Chairman immediately, replacing Robert Bonnell, who had previously been serving in that capacity since the resignation of Sandy Masselli. Bonnell shall remain on the Board of Directors.
Mr. Sinclair brings a wealth of corporate and public company experience to Total Luxury Group Inc and is well suited to lead the company on an interim basis through this transitional period.
Sinclair will immediately assume executive responsibilities for the Company, including bringing all filings up to date and seeking new financing for expansion of the Company's apparel operations.
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