Aug 26, 2002 : Inflow Announces Executive Appointments

📅 August 26, 2002 - Managed Web hosting and IT service provider Inflow Inc. (inflow.com) announced on Monday that, after securing an additional $35 million in equity funding, it had appointed CFO Jim McHose as executive vice president, corporate development.

After assuming the newly-created position, says Inflow, McHose will report directly to the company's chief executive officer Art Zeile.
"With a strong balance sheet and streamlined operating model, Inflow is well positioned for strategic growth opportunities," says Art Zeile. "McHose's prior experience and knowledge of the industry will help Inflow build new alliances and partnerships, while competitors struggle with their own financial challenges."
McHose, who joined Inflow in September 1999, will be responsible for developing strategic alliances and partnerships to help the company expand its footprint and growth in the Web hosting industry.
The vacated chief financial officer position will be filled by Mark Hughes, says Inflow. As CFO, Hughes will be responsible for all financial aspects of the company, including long-term planning and generating sources of capital.

Reads: 1957 | Category: General | Source: TheWHIR : Web Host Industry Reviews
URL source: http://www.thewhir.com/marketwatch/inf082602.cfm
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