AUSTIN, Texas--(EON: Enhanced Online News)--Today Shareholders for Westech Success announce that they are united in their support for and endorsement of John Gorman and his slate of Directors. The shareholder vote on September 17th that returned John Gorman to the Board of Westech Capital Corp. reaffirms the support of the Westech stockholders for John and his direction for the company. According to Barry Williamson, a former Westech CEO and a member of Shareholders for Westech Success, a group committed to restoring future growth to the firm, “John Gorman has a clear vision for the future of Westech. He’s a gifted businessman, with a keen ability to execute his vision and increase shareholder value.”
“While we wait for the court’s decision, we’re excited that John Gorman’s board won the vote.”
John Gorman has brought an action in the Court of Chancery of the State of Delaware to ensure that the board elected by the stockholders is promptly seated.
“While we wait for the court’s decision, we’re excited that John Gorman’s board won the vote.
John has the talent, expertise and dexterity we need at Westech. He’s a highly effective leader and forward thinker who will make this company successful,” says Mr. Williamson.
Barry Williamson is currently President and CEO of Zeep Management (US) Inc. and South Louisiana Methanol LLC. He was Director of Minerals Management at the U.S. Department of Interior under the Bush administration and a principal advisor to the U.S. Secretary of Energy under the Reagan administration. He served as CEO for Westech from 2009-2010.
Ticker Symbol: WTEC
For more information, go to: www.JohnGormanResponds.com
About John J. Gorman IV: John Gorman served as Chairman of the Board for Westech Capital Corp from 1999-2013. He was Director of Tejas Securities Group, Inc. since founding Tejas in 1994. Over the past 19 years, Mr. Gorman has gained a wealth of leadership experience through his positions as Vice President at both Dean Witter and Shearson Lehman in Dallas, and Senior Vice President at both Landmark Group and APS Financial Corporation in Austin. Mr. Gorman’s strong business and community background is bolstered through his experience on Creditor Committees for several major companies including Federated Department Stores, Appletree Supermarkets and Maxicare Health, and on the Boards of Directors for Lincoln Heritage Corporation, First Republic and M Corp.