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    ECRP   US12545Y1029

CHEE CORP.

(ECRP)
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CHEE CORP. : Change in Directors or Principal Officers (form 8-K)

05/03/2021 | 05:06pm EST

Item 5.02 Departure of Directors or Certain Officers; Election of Directors;

          Appointment of Certain Officers; Compensatory Arrangements of Certain
          Officers.



On April 27, 2021, the Board of Directors of Chee Corp. (the "Company") appointed John Morgan to the Board, to hold office until the next annual meeting of stockholders and until his successor has been duly elected and qualified.

John Morgan, age 75, is managing partner at Falding Capital Group and Executive Vice President and Secretary of Technical Air Products. Mr. Morgan has over fifty years of business development and management experience. He has owned several publishing businesses, including include Graph-Ads, Inc. in Alma, Michigan, Advance Newspapers in Grand Rapids, Michigan, Flashes Publishers in Allegan, Michigan, and TDI Talking Phone Books in Grand Rapids, Michigan. In 1999, Mr. Morgan and his partner sold his publishing business to McCloud USA, which at the time was the fourth largest telecom company in the US.

In 2000, Mr. Morgan acquired Eagle Tugs, an aviation and industrial material handling manufacturer, which he sold to Tronair in 2015. Also in 2000, Mr. Morgan, through Falding Capital Group, purchased Cannon Truck Equipment, a complex truck equipment up-fitter. In 2018, Mr. Morgan sold Cannon Truck Equipment to Versalift, which was owned by private equity firm Sterling Capital. Mr. Morgan served on the Board of Directors of the Bank of Alma from 1975-1997. Prior to 2006, Mr. Morgan was President of American Cargo, a dry freight and cutaway cube van manufacturer. Mr. Morgan currently sits on the Board of Directors of Rivulet Media, Inc.

Mr. Morgan graduated from Michigan State University with a BA in Communications in 1968. He has been married since 1967. He and his wife have three children and ten grandchildren and reside in Naples, Florida.

Mr. Morgan was not selected as a director pursuant to any arrangement or understanding between him and any other person. The Company does not have any standing committees and due to its small size does not believe that committees are necessary at this time. Neither the Company nor any of its subsidiaries have entered into any transactions with Mr. Morgan described in Item 404(a) of Regulation S-K. There are no material plans, contracts, or arrangements to which Mr. Morgan is a party or participates in that were entered into in connection with his appointment to the Board. Mr. Morgan will constitute an independent director of the Company.

© Edgar Online, source Glimpses

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Financials (USD)
Sales 2021 - - -
Net income 2021 -0,48 M - -
Net cash 2021 0,91 M - -
P/E ratio 2021 -126x
Yield 2021 -
Capitalization 91,9 M 91,9 M -
EV / Sales 2020 -
EV / Sales 2021 -
Nbr of Employees 3
Free-Float 2,11%
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Income Statement Evolution
Managers and Directors
Aaron Klusman Chairman & Chief Executive Officer
Rich Gean Chief Financial Officer, Secretary & Treasurer
Michael J. Witherill Vice Chairman
John P. Morgan Director
Sector and Competitors