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Telesource Int’l appoints Zayed as its new CEO
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Posted on Sep 12 2005
Telesource International, Inc. named Nidal Zayed acting chief executive officer and president effective immediately. He replaces K.J. Semikian, whose contract was not renewed by the board, and who has moved on to other interests.
Zayed was previously executive vice president and chief operations officer of Telesource International.
Zayed has been with Telesource International since 1996. He received a law degree from Loyola University School of Law in 1985 and a B.A. in Accounting from Loyola University of Chicago in 1982. He also serves as chairman for Computhink Inc. and has been a director for Computhink Inc. since 1994.
“Our company is undergoing significant changes, all with an eye toward stemming our losses and turning the business around,” Telesource chair Ralph Beck. “We will entrust Zayed to execute our business plan in the immediate term as acting CEO.”
Telesource and its subsidiaries have offices in the Chicago area, on the Western Pacific islands of Tinian and Saipan and Guam and offices on the South Pacific island of Fiji. The company’s home page is at http://www.telesource.org. (PR)
