April 1, 2010
Source: Geo Point Technologies, Inc.
Geo Point Technologies, Inc. (GNNC), a provider of resources and expertise to resolve environmental compliance problems involving soil and groundwater assessment, monitoring and remediation, disposal and recycling and complete gasoline service station retrofitting, announced that it has reorganized its management team, and added a new officer and director.
Jeffrey Jensen was appointed President and Chief Executive Officer of the company, replacing William Lachmar, who stepped down as President and CEO to focus on the environmental remediation activities of the company. Mr. Lachmar will remain as a director and was named Manager of Environmental Remediation. Mr. Jensen has been a director of Geo Point as well as Secretary and Treasurer since August 2007. Mr. Jensen also serves as president and owner of the Jensen Consulting Group, a business consulting firm that helps start-up companies perform financial analysis, forecast cash flow needs, and draft plans and approaches to secure investment capital. In 2003, he founded Pacific Industrial Contractor Screening, a proprietary online clearinghouse that assists petrochemical companies prequalify contractors, and served as its Chief Information Officer from 2003 to 2007. Mr. Jensen earned an M.B.A. from Brigham Young University in 2006 and a B.S. in Electrical and Computer Engineering, magna cum laude, from Brigham Young University in 2003.
Jeffrey Brimhall was named CFO, Secretary and Treasurer of the company and was appointed as a director, filling the vacancy left by Clarence O. Durham, who tendered his resignation as a director of the company. Mr. Durham had served as a director since the company's incorporation and is now retiring. Mr. Brimhall has several years of accounting and financial reporting experience. He is currently a Financial Reporting Analyst with Resolute Energy Corp and was previously an Audit Supervisor and Audit Associate with Hein & Associates LLP and Grant Thornton LLP, respectively. Mr. Brimhall earned his B.S. in Accounting from Brigham Young University in 2005 and is a Certified Public Accountant licensed in the state of Colorado.
"Jeff Brimhall brings a wealth of experience to the position of CFO, which will be invaluable as we launch into the exciting next phase of our growth and development at Geo Point," said Mr. Jensen.