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| VVIT.OB > SEC Filings for VVIT.OB > Form 8-K on 7-Oct-2009 | All Recent SEC Filings |
7-Oct-2009
Change in Directors or Principal Officers, Other Events
Departure of Officer
Effective as of October 1, 2009, Vista International Technologies, Inc. (the "Company") and Mr. Barry Kemble agreed to end Mr. Kemble's employment with the Company. Mr. Kemble had served in the position of Chief Executive Officer of the Company since August 2007. Mr. Kemble continues as a Director of the Company.
Appointment of Interim Chief Executive Officer
On October 1, 2009, the Company's board of directors appointed Mr. Thomas Pfisterer, a current member of the Board of Directors of the Company, to serve as Interim Chief Executive Officer on a temporary "at-will" basis until a new Chief Executive Officer is appointed. Mr. Pfisterer will receive no compensation as Interim Chief Executive Officer of the Company. There is no written agreement between the Company and Mr. Pfisterer.
Mr. Pfisterer, 48, was appointed to the Board of Directors of the Company in August of 2009.
Thomas Pfisterer is a co-founder and the President/Chief Executive Officer of Aquarius Energy Systems, Inc. located in New Hartford, New York. Aquarius Energy Systems (incorporated in 2008) is a development stage alternative "green energy" company in central New York State.
Mr. Pfisterer also currently holds the position of Director of School Food Services for the Oneida County B.O.C.E.S. (Board of Cooperative Educational Services) in New Hartford, New York where he has served for the past 19 years. His operating budget for the district has grown from $88,000 in 1989 to over $4.65 million in 2008. The total number of program employees has grown from 11 to 179 during this period.
Mr. Pfisterer completed his undergraduate studies at the University of Cincinnati (attending on a Division I Baseball scholarship), earning a Bachelor of Science Degree in Dietetics (Magna Cum Laude) in 1983. He completed his graduate studies at Empire State College in Saratoga Springs, New York, earning a Master's Degree in Business Administration in 2003.
As of the date of the filing of this Form 8-K, the Company has not filed its federal and state income tax returns for the years 2007 and 2008. The Company believes there was no taxable net income for either of those years. The Company expects to file these tax returns by no later than December 31, 2009.
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