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MMTC > SEC Filings for MMTC > Form 8-K on 9-May-2012All Recent SEC Filings

Show all filings for MICRO IMAGING TECHNOLOGY, INC. | Request a Trial to NEW EDGAR Online Pro

Form 8-K for MICRO IMAGING TECHNOLOGY, INC.


9-May-2012

Change in Directors or Principal Officers


Item 5.02 Departure of Directors of Principal Officers; Election of Directors; Appointment of Principal Officers.

On May 3, 2012, the Board of Directors of Micro Imaging Technology, Inc. (the "Company") nominated Gregg Newhuis to the board, which nomination was accepted by Mr. Newhuis on May 7, 2012, with service to commence immediately.

Biographical Information.

Gregg J. Newhuis

Mr. Newhuis brings over thirty years of equipment leasing, asset-based financing as well as commercial and retail banking experience to the Board. A 1981 graduate of Eastern Illinois University, he earned a Bachelor of Science degree with a major in Finance and minor in Economics.

Mr. Newhuis started his finance career in 1981 with Walter E. Heller & Co., working in the Municipal Finance and the Commercial Industries divisions. In 1987, he accepted a position with Phoenixcor Financial, a New York-based finance company, to open and manage an office for them in Hinsdale, IL. In 1991, Mr. Newhuis accepted an offer from Toshiba Machine Co., America (a seller of plastic injection molding machines, machine tools, aluminum die cast machines and robotic equipment) to start and run an in-house private label finance company. He currently continues to operate in this capacity.

Mr. Newhuis' banking experience dates back to 2001 when he was part of a group of eleven individuals that originated Advantage National Bank and Trust Company, N.A., a de novo bank located in Elk Grove Village, Il. In 2003, they successfully sold the bank to Wintrust Financial Corporation (Nasdaq:WTFC). Mr. Newhuis continues to serve on the surviving bank (Schaumburg Bank & Trust Company, N.A.) Board of Directors and more specifically on its Credit and Risk Committees.

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