Business Services Industry
H.E.R.C. Products Incorporated names John P. Johnson Chief Financial Officer; Former CFO of the New York Stock Exchange, Inc
Business Wire, Jan 14, 1997
PHOENIX--(BUSINESS WIRE)--January 14, 1997--H.E.R.C. Products Incorporated (Nasdaq Small Cap: HERC) announced that John P. Johnson, CPA, has joined the Company as Chief Financial Officer. Mr. Johnson assumes the CFO title from Gary Glatter, who continues to serve as H.E.R.C.'s President and Chief Operating Officer.
Mr. Johnson has held numerous senior level financial positions with highly respected organizations, including the New York Stock Exchange, where he retired as Chief Financial Officer - Vice President of Finance in 1990. Prior to this, he was on the audit staff at Price Waterhouse LLP in New York.
After his retirement from the New York Stock Exchange, Mr. Johnson took on special financial consulting assignments. His most recent appointments include Acting Chief Financial Officer for Boyt Company, a manufacturer of luggage and hunting supplies, and Interim Treasurer for Rodale Press, Inc., a book and magazine publisher. In addition to being a certified public accountant, Mr. Johnson holds a B.A. from Haverford College and an M.B.A. from Columbia University Graduate School of Business.
S. Steven Carl, Chairman and Chief Executive Officer of H.E.R.C. commented, "We are delighted to have John on our team. He joins H.E.R.C. at an exciting period in its growth, and we are confident that the know-how and experience he brings strengthens our organizational structure at a time when all operational areas of the Company are being bolstered."
H.E.R.C. Products Incorporated develops, manufactures, and markets products that eliminate and control scaling and tuberculation on surfaces that come into contact with water, and develops, manufactures and markets biorational (natural) pest management and plant growth products for the agricultural and horticultural markets through its three operating divisions: H.E.R.C. Consumer Products Incorporated, CCT Corporation (both wholly owned subsidiaries), and the Industrial Products Group.
CONTACT: S. Steven Carl, or The Equity Group Inc.
Gary S. Glatter, Chris Garland (212) 836-9610
602/492-0336 Linda Latman (212) 836-9609
E-mail: equityny@mail.idt.net
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