CCOM Group, Inc. Announces Resignation of Director

Rhea-AI Summary

CCOM Group, Inc. (OTC Pink: CCOM, CCOMP) announces the resignation of Oscar Folger from its Board of Directors, effective immediately. Folger served on the board since April 2019, and the company expressed gratitude for his service. CCOM specializes in distributing heating, ventilation and air conditioning (HVAC) equipment, generators, and plumbing and electrical supplies across New Jersey, New York, Massachusetts, and parts of Pennsylvania, Connecticut, and Vermont, operating through several subsidiaries.

Positive

• Potential for new leadership perspectives following board changes.

Negative

• Oscar Folger's departure may create continuity concerns on the board.

HAWTHORNE, N.J.--(BUSINESS WIRE)-- CCOM Group, Inc. (“CCOM”) (OTC Pink: “CCOM,” “CCOMP”), announced that Oscar Folger has resigned from the Board. Oscar Folger has served on the board since April 2019. The Company thanked Mr. Folger for his distinguished service.

About CCOM Group, Inc.

CCOM Group, Inc. (“CCOM”) distributes heating, ventilating and air conditioning equipment (HVAC), parts and accessories, whole-house generators, climate control systems, and plumbing and electrical fixtures and supplies, primarily in New Jersey, New York, Massachusetts and portions of eastern Pennsylvania, Connecticut and Vermont through its subsidiaries: Universal Supply Group, Inc., www.usginc.com, The RAL Supply Group, Inc., www.ralsupply.com, and S&A Supply, Inc., www.sasupplyinc.com. CCOM is headquartered in New Jersey, and, with its affiliates, operates out of 15 locations in its geographic trading area. For more information on CCOM’s operations, products and/or services, please visit www.ccom-group.com.

View source version on businesswire.com: https://www.businesswire.com/news/home/20210825005620/en/

Peter D. Gasiewicz, Chief Executive Officer

William Salek, Chief Financial Officer

(973) 427-8224

Source: CCOM Group, Inc.

FAQ

What does CCOM Group, Inc. do?

CCOM Group, Inc. distributes HVAC equipment, generators, and plumbing and electrical supplies primarily in the northeastern United States.

Who has resigned from CCOM's Board of Directors?

Oscar Folger has resigned from the Board of Directors of CCOM Group, Inc.

When did Oscar Folger join the CCOM Board?

Oscar Folger joined the CCOM Board in April 2019.

What are the implications of Oscar Folger's resignation for CCOM?

His resignation may raise concerns about board continuity and governance.