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4C Controls Hires Anastasios Angeloglou as CEO

Thu. February 12, 2009; Posted: 01:10 AM
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Feb 11, 2009 (Close-Up Media via COMTEX) -- FOUR | Quote | Chart | News | PowerRating -- 4C Controls Inc., announced that the Company's Board of Directors has appointed Anastasios Angeloglou as CEO.

Prior to his appointment, Angeloglou served for the past 12 months as the CEO of 4C Security Solutions Limited, an Australian company which has a partnership with 4C Controls.

Angeloglou will serve as Group CEO of 4C Controls and all of its operating units, subsidiaries and joint ventures.

The Company's former CEO, Olivier de Vergnies, will continue to serve the Company on the Board of Directors and as a member of the Executive Committee. Having established the corporate foundation for the Company, de Vergnies will continue to play a role supporting the CEO and the Board as well as focusing his management and financial skills on furthering the progress of corporate and partnership opportunities for the Company.

Jean-Robert Martin, Chairman of the Board of 4C Controls, said, "The Board is very pleased to have Angeloglou join us to lead the highly professional 4C Controls management team. His proven track record and experience in running dynamic and fast growing international corporations will be exceptionally valuable as we continue to build our global integrated security solutions company. We also gratefully acknowledge the assistance and value de Vergnies brought to the Company during the period of his services as interim CEO of the Company."

Prior to his appointment as CEO of 4C Security Solutions, Angeloglou served as the CEO of OTE International Solutions and Chief Officer of Wholesale Services for Hellenic Telecommunications Organization S.A., a New York Stock Exchange listed company (OTE).

((Comments on this story may be sent to newsdesk@closeupmedia.com))

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