United Houses (UHG) Appoints New CEO
United Houses Group, Inc. (NASDAQ:UHG) introduced within the early hours of Monday that it might be appointing a brand new CEO, John G. (Jack) Micenko, Jr. A press launch printed on the UHG’s web site said:
“The appointment of John G. (Jack) Micenko, Jr., as Chief Govt Officer of the Firm and Jeremy Pyle as co-Chief Working Officer of the Firm, and concurrently therewith introduced that its Board of Administrators has appointed a particular committee comprised solely of unbiased administrators and initiated a evaluation of strategic alternate options in an effort to discover methods to maximise shareholder worth.”
A large shot of a residential housing growth taking form with heavy equipment within the foreground.
The evaluation can even embody a spread of potential strategic alternate options, together with a sale of the corporate, a sale of property, and a refinancing of current indebtedness, amongst others. It additionally said that the committee has engaged Vestra Advisors as its monetary advisor, in reference to the evaluation, and has engaged Paul, Weiss, Rifkind, Wharton & Garrison LLP as its authorized advisor.
In the meantime, Mr. Micenko’s successor, Mr. James M. (Jamie) Pirrello, (the corporate’s Interim Chief Govt Officer) will proceed to function a member of the Firm’s board of administrators.
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