Search the web
Welcome, Guest
[Sign Out, My Account]
EDGAR_Online

Quotes & Info
Enter Symbol(s):
e.g. YHOO, ^DJI
Symbol Lookup | Financial Search
SARO.PK > SEC Filings for SARO.PK > Form 8-K on 20-Aug-2009All Recent SEC Filings

Show all filings for SARS CORP. | Request a Trial to NEW EDGAR Online Pro

Form 8-K for SARS CORP.


20-Aug-2009

Change in Directors or Principal Officers


Item 5.02. Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers.

On August 18, 2009, Geoff Meagher resigned as Chairman and Interim Chief Executive Officer of the SARS Corporation, a Nevada corporation (the "Company"). Mr. Meagher's resignation arises in connection with the Company's pending completion of its transition from a remote assets tracking company to a mechanical and electrical construction, energy infrastructure, and facilities services company with remote automation technology, system control and monitoring in commercial spaces, as well in connection with the relocation of the Company's core operations to Illinois. Mr. Meagher served as Chairman and Interim CEO since March 13, 2009, when he was appointed to oversee the business transition and transition of management to the current managers of FasTech Services, Inc., which the Company recently acquired in a merger announced on July 8, 2009. Mr. Meagher's resignation does not arise from any disagreement on any matter relating to the Company's operations, policies or practices, or regarding the general direction of the Company.

Also on August 18, 2009, the Board appointed Mark Swank as Chairman and President of the Company, and Frank Bonadio as Director and Chief Executive Officer of the Company.

Mark Swank, 38, is the founder and Chairman of the board of Swank Enterprises, Inc., which initiated the purchase of a conglomerate of Illinois based HVAC and mechanical and electrical construction companies that were merged into FasTech Services, Inc., a wholly owned subsidiary of SARS Corporation (the "Merger"). He was the President and CEO of Associated Mechanical, Inc; R.J Power Plumbing and Heating; T.A. Brinkoetter and Sons, and; Alternatech, Inc. Mr. Swank is responsible for the overall strategy, direction and performance of the businesses and had been the majority shareholder prior to the Merger. Prior to founding Swank Enterprises, Mr. Swank held numerous senior management positions in several private and public technology companies across the United States. Mr. Swank obtained a B.A. degree in Business from Sutherland University in California and a M.B.A. from Sutherland University where he graduated summa cum laude.

Frank Bonadio, 52, joined the Illinois conglomerate companies in 2008, and brings nearly 30 years management and operating experience in both private and public firms across the United States. Mr. Bonadio will responsible for the direct management of business operations and the execution of the Company's strategic plans. Mr. Bonadio currently oversees financial reporting, treasury, budgeting, and planning, as well as its administrative functions. Prior to joining FasTech Services, Inc., Mr. Bonadio had been CEO, CFO, COO, and controller in various companies, and has had responsibilities for managing external/internal reporting, cash, tax matters, and other internal and external financial issues. For the last five years, Mr. Bonadio had been President of his own management consulting firm. He received his MBA from the University of Dayton in 1977, and has a BS degree from Duquesne University (1972).

The Board has not named Mr. Swank or Mr. Bonadio to any committees or subcommittees of the Board at this time. To the extent that any information called for in Item 404(a) of Regulation S-B is required pursuant to this appointment, no such information exists.

  Add SARO.PK to Portfolio     Set Alert         Email to a Friend  
Get SEC Filings for Another Symbol: Symbol Lookup
Quotes & Info for SARO.PK - All Recent SEC Filings
Sign Up for a Free Trial to the NEW EDGAR Online Pro
Detailed SEC, Financial, Ownership and Offering Data on over 12,000 U.S. Public Companies.
Actionable and easy-to-use with searching, alerting, downloading and more.
Request a Trial      Sign Up Now


Copyright © 2009 Yahoo! Inc. All rights reserved. Privacy Policy - Terms of Service
SEC Filing data and information provided by EDGAR Online, Inc. (1-800-416-6651). All information provided "as is" for informational purposes only, not intended for trading purposes or advice. Neither Yahoo! nor any of independent providers is liable for any informational errors, incompleteness, or delays, or for any actions taken in reliance on information contained herein. By accessing the Yahoo! site, you agree not to redistribute the information found therein.