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FIGI > SEC Filings for FIGI > Form 8-K on 12-Nov-2008All Recent SEC Filings

Show all filings for FORTRESS INTERNATIONAL GROUP, INC. | Request a Trial to NEW EDGAR Online Pro

Form 8-K for FORTRESS INTERNATIONAL GROUP, INC.


12-Nov-2008

Change in Directors or Principal Officers, Financial Statement


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

(b) On November 6, 2008, Mr. Harvey L. Weiss resigned as Chairman of the Board of Directors (the "Board") of Fortress International Group, Inc. (the "Company"), effective December 3, 2008. Mr. Weiss will remain on the Board and will serve as Vice-Chairman of the Board.

(c) On November 6, 2008, the Board appointed John Morton, III, as Chairman of the Board, effective upon the resignation of Mr. Weiss. In connection with such appointment and effective the date hereof, Mr. Morton resigned as Chairman of the Audit Committee of the Board and the Board appointed William L. Jews, a member of the Board and the Audit Committee, as Chairman of the Audit Committee.

Mr. Morton, 64, has served as a Director since January 2007. Prior to his election as a Director, Mr. Morton had served as a director of Broadwing Corp. from April 2006 until January 2007, when Broadwing Corp. was acquired by Level 3 Communications, Inc. Prior to that, Mr. Morton had served as President of Premier Bank, Bank of America until his retirement in September 2005 and was a member of Bank of America's Management Operating Committee. From 1997 to 2001, Mr. Morton served as President of Mid-Atlantic Region, Bank of America. Prior to assuming the Regional President position, Mr. Morton was President of the Private Client Group from 1996 to 1997. From 1994 to 1996, he was Chairman, Chief Executive Officer and President of The Boatmen's National Bank of St. Louis. From 1993 to 1994, he was Chief Executive Officer and President of Farm and House Financial Corporation. From 1990 to 1991, Mr. Morton served as Perpetual Financial Corporation's Chairman, Chief Executive Officer and President. Mr. Morton was a member of the Executive Committee of the Federal City Council in Washington D.C. and a former Chairman of the Greater Baltimore Committee in Baltimore and currently serves as a member of the board of directors of Boston Private Financial Holdings, Barry-Wehmiller Companies and Dynamac International. Mr. Morton holds a Bachelor of Science from the U.S. Naval Academy and a Master in Business Administration from Harvard University. He served in the U.S. Navy as a lieutenant aboard the nuclear submarine U.S.S. George Washington Carver.

A press release announcing Mr. Weiss's resignation and Mr. Morton's appointment as Chairman of the Board is attached hereto as Exhibit 99.1 and incorporated herein by reference.



Item 9.01 Financial Statements and Exhibits.

Number Description
99.1 Press Release, dated November 12, 2008.


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