Paragon Technologies Inc. Announces Management Changes
March 16, 2012 at 09:30 am
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Paragon Technologies Inc. announced the appointment of Hesham ('Sham') Gad as Chairman of the Board and the appointment of Jack Jacobs to the company's Board of Directors. The appointment of Mr. Jacobs reduces the size of the Paragon Technologies' Board to three after the voluntary resignation of Messrs. Ted Myers, Robert Schwartz, and Len Yurkovic from the Board. In addition, the Board has appointed Executive Vice President, William J. Casey, to the position of Acting CEO, replacing Len Yurkovic, effective immediately. Jack Jacobs, age 66, has been a principal of The Fitzroy Group Ltd. Mr. Jacobs was a co-founder and Chief Operating Officer of AutoFinance Group Inc. William J. Casey William J. Casey, age 68, whose career with the company spans 44 years, rejoined the company on December 29, 2003 as Vice President of SI Systems Production & Assembly after a two and a half year absence. Mr. Casey was appointed Executive Vice President of the company and President of SI Systems Production & Assembly on October 14, 2005.
Paragon Technologies, Inc. (Paragon) is engaged in diverse business activities, including material handling, distribution and real estate services. The Companyâs subsidiaries include SI Systems, LLC (SI Systems); Ohana Home Services, LLC (Ohana); ARK Investments, LLC and SED International de Colombia, S.A.S. (SEDC). SI Systems is a supply chain and logistics manufacturer and software engineering company. SI Systems provides solutions to distribution centers, manufacturers and warehouses worldwide. SI Systems provides material handling solutions that increase productivity and provide safety enhancements. SEDC distributes information technology (IT) hardware products from 27 IT manufacturers, such as Hewlett Packard, Lenovo, Dell, Samsung, LG, Epson, Hitachi, and others. SEDC's business is divided into four main business units: Value, Transactional, Consumer Electronics, and Integrated Services. Ohana acquires residential real estate for income and capital appreciation purposes.
PARAGON TECHNOLOGIES, INC. 
