Greenland Corporation announced today the promotion of Thomas J. Beener to the position of President and Chief Operating Officer, encompassing full administrative and daily operating responsibilities for the holding company parent organization.
Greenland Chairman and CEO, T. A. “Kip” Hyde, Jr. stated, “The acquisition of Paradigm Cabling Systems is only the most recent contribution made by Tom during his long tenure with the company. For this undertaking, Tom initiated the primary ownership discussions, and led the deal team through all of the negotiations. In addition, over the prior year as COO, Tom has been involved in every facet of the organization and has been instrumental in keeping solid relationships with our key employees, vendors, and outsourcing companies.”
Mr. Hyde continued, “Mr. Beener’s new role is vital to Greenland’s expansion plans. His nearly four years of Board-level governance at Greenland, coupled with his prior experience on Wall Street give him a complete understanding of Greenland’s business, clients, and capabilities. As we move forward working with new acquisition prospects and building the operating companies, Tom’s long-term view, strong people skills, and impressive business knowledge will continue to provide vital stability to the parent holding company.”
Mr. Beener said, “Our focus will be to build sales, strengthen the overall organization, and create additional opportunities for our people and shareholders. More importantly, enabling Mr. Hyde and the Board to spend more time on strategic development and future acquisitions will greatly expand new growth opportunities for Greenland.”
About Greenland Corporation
Greenland Corporation is an information technology holding company, with business and equity interests in network, data and communications systems, data storage, systems integration, and financial services. Greenland’s wholly owned subsidiary, Paradigm Cabling Systems, provides a variety of engineering and “last mile” installation services to corporate government customers throughout Southern California. Greenland’s financial services subsidiary, Check Central, is the developer of the Check Central Solutions(TM) transaction processing system software and related MAXcash(TM) Automated Banking Machine(TM) (ABM(TM)) kiosk designed to provide self-service check cashing and ATM-banking functionality. The Company’s common stock trades on the OTC Bulletin Board under the symbol “GLCP.” Visit Greenland Corporation on the Internet at [http://www.greenlandcorp.com].