LOS ANGELES, Jan. 24, 2005 (PRIMEZONE) -- Victory Capital Holdings Corporation (OTCBB:VTYC) announces today a change in the Chairman of the Board.
Harold Gregg submitted his resignation and it was accepted by the Corporation effective January 20, 2005. The Corporation has expanded the duties of CEO, Jon Fullenkamp to include Chairman of the Board.
"The experience and professional relationships I have developed through Victory Capital Holding Corporation have been invaluable and very rewarding. Because I want to pursue other opportunities and ventures at this point in my life, it is time to step aside to allow Jon to lead the Corporation to greater levels of success," stated Harold Gregg.
"The Corporation acknowledges and thanks Mr. Gregg for his contributions during his tenure as the Corporation's Chairman," stated Jon Fullenkamp Chairman & CEO.
"The framework for the Corporation has been set and we are now at a point where we can strategically position the Corporation. The next few weeks will be critical as we develop the future plans and direction for the Corporation. We expect to produce some very positive results for the shareholders," stated Jon Fullenkamp, Chairman & CEO of Victory Capital
Victory Capital Holdings Corporation (VTYC), organized in Nevada, is a publicly traded company. The Company is designed to leverage the assets of existing, proven technology and to infuse those assets with marketing, management and financial support to become the recognized leader in its space.
Certain statements contained herein are "forward-looking" statements (as such term is defined in the Private Securities Litigation Reform Act of 1995). Because such statements include risks and uncertainties, actual results may differ materially from those expressed or implied by such forward-looking statements. Factors that could cause actual results to differ materially from those expressed or implied by such forward-looking statements include, but are not limited to, those discussed in filings made by the Company with the Securities and Exchange Commission.