Business & Finance
Business and Finance
Business and Finance
Wed, January 7, 2009 Puritan Financial Group, Inc. Appoints Trenton S. Sommerville CEO and Chairman of the Board
DESTIN, Fla.--([ BUSINESS WIRE ])--Puritan Financial Group, Inc. (OTC: PTNG) announced today it has appointed Trenton S. Sommerville Chief Executive Officer and Chairman of the Board. Mr. Sommerville succeeds Jerry Gruenbaum who will remain as a Director of the company. Mr. Gruenbaum stated, "We are very pleased to have someone of Mr. Sommerville's dedication and experience join our team. His energy level, work ethic and commitment to success are exactly what we need to move the company forward." Mr. Sommerville has over fifteen years of private and corporate finance experience. He founded Heartland, Inc. (OTCBB: HTLJ.OB), a diversified holding company, in 2004 where he remained as CEO and Chairman until bringing in Heartland's current CEO and Chairman in 2007. Mr. Sommerville was instrumental in keeping the company focused and taking it from no assets and no revenue to one with annual sales revenue in excess of $130 million. He remains a Director of the company. Prior to starting Heartland, Inc. Mr. Sommerville worked at Anjet where he obtained NASD Series 22 and Series 63 licenses.
About Puritan Financial Group, Inc.
Puritan Financial Group, Inc. has been established as a holding company with plans to acquire cash flow positive companies with strong management teams.
Safe Harbor:
Statements contained herein, and other data, may constitute forward-looking statements. When used in this document, the words "estimate," "project," "intends," "expects," "believes" and similar expressions are intended to identify forward-looking statements regarding events and financial trends, which may affect the Company's future operating results and financial position. Such statements are not guarantees of future performance and are subject to risks and uncertainties that could cause the Company's actual results and financial position to differ materially from those included within the forward-looking statements. The Private Securities Reform Act of 1995 provides a "safe harbor" for forward-looking statements.
