Xalles Holdings Announces Management Changes
9 januari, 14:34
Xalles Holdings Inc. / Key word(s): Financial
WASHINGTON DC - January 9, 2026 (NEWMEDIAWIRE) - Xalles Holdings Inc. (“Xalles”) (OTCID: XALL) is pleased to announce management changes that were approved by the board of directors and aimed at jump starting the growth. The board, in collaboration with a strategic investor, has been working for the last several months on a strategy to revive growth and create more value for our shareholders. As a result of those strategic discussions, the board has decided to make major changes to the corporate structure and business model and will be taking a series of steps aimed at strengthening the balance sheet. As part of the management changes, Thomas Nash will be stepping down from the CEO role. Mr. Nash has led the company for the last several years and the board thanks him for his service. Robert (Bob) Trevelyan has been appointed as the new CEO of Xalles Holdings. Mr. Nash will continue for a short transition period to ensure continuity. Bob is a business builder and change agent with a record of accomplishment in leading startups and turnarounds, establishing new divisions, and building infrastructures that support profitable growth for Global 500 companies. He has repeatedly delivered leading-edge capabilities using technologies, methodologies, reengineering, consultative management approaches and change management to improve bottom-line performance across many global industries. “I am excited about this role and opportunity, and I plan to leverage new strategies and the resources available to drive direct value to our shareholders," stated Bob Trevelyan. One of the Xalles directors, Paul Erickson, has resigned from the board. The company thanks him for his years of service on the board of directors. The company will be announcing additional corporate structure and strategy changes in the coming days to strengthen the balance sheet and position the company for growth in 2026. About Xalles Holdings Inc. (OTCID: XALL)
Forward-Looking Statements Disclaimer: This press release contains forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. In some cases, you can identify forward-looking statements by the following words: "anticipate," "believe," "continue," "could," "estimate," "expect," "intend," "may," "ongoing," "plan," "potential," "predict," "project," "should," "will," "would," or the negative of these terms or other comparable terminology, although not all forward-looking statements contain these words. Forward-looking statements are not a guarantee of future performance or results and will not necessarily be accurate indications of the times at, or by, which such performance or results will be achieved. Forward-looking statements are based on information available at the time the statements are made and involve known and unknown risks, uncertainty and other factors that may cause our results, levels of activity, performance, or achievements to be materially different from the information expressed or implied by the forward-looking statements in this press release. This press release should be considered in light of all filings of the Company that are contained in the Edgar Archives of the Securities and Exchange Commission at SEC.gov and in OTC Markets at OTCMarkets.com. Investor Relations Contact:
News Source: Xalles Holdings Inc. 09.01.2026 CET/CEST Dissemination of a Corporate News, transmitted by EQS News - a service of EQS Group.
|
Language: | English |
Company: | Xalles Holdings Inc. |
United States | |
ISIN: | US98388D1072 |
EQS News ID: | 2258016 |
End of News | EQS News Service |
2258016 09.01.2026 CET/CEST
Xalles Holdings Announces Management Changes
9 januari, 14:34
Xalles Holdings Inc. / Key word(s): Financial
WASHINGTON DC - January 9, 2026 (NEWMEDIAWIRE) - Xalles Holdings Inc. (“Xalles”) (OTCID: XALL) is pleased to announce management changes that were approved by the board of directors and aimed at jump starting the growth. The board, in collaboration with a strategic investor, has been working for the last several months on a strategy to revive growth and create more value for our shareholders. As a result of those strategic discussions, the board has decided to make major changes to the corporate structure and business model and will be taking a series of steps aimed at strengthening the balance sheet. As part of the management changes, Thomas Nash will be stepping down from the CEO role. Mr. Nash has led the company for the last several years and the board thanks him for his service. Robert (Bob) Trevelyan has been appointed as the new CEO of Xalles Holdings. Mr. Nash will continue for a short transition period to ensure continuity. Bob is a business builder and change agent with a record of accomplishment in leading startups and turnarounds, establishing new divisions, and building infrastructures that support profitable growth for Global 500 companies. He has repeatedly delivered leading-edge capabilities using technologies, methodologies, reengineering, consultative management approaches and change management to improve bottom-line performance across many global industries. “I am excited about this role and opportunity, and I plan to leverage new strategies and the resources available to drive direct value to our shareholders," stated Bob Trevelyan. One of the Xalles directors, Paul Erickson, has resigned from the board. The company thanks him for his years of service on the board of directors. The company will be announcing additional corporate structure and strategy changes in the coming days to strengthen the balance sheet and position the company for growth in 2026. About Xalles Holdings Inc. (OTCID: XALL)
Forward-Looking Statements Disclaimer: This press release contains forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. In some cases, you can identify forward-looking statements by the following words: "anticipate," "believe," "continue," "could," "estimate," "expect," "intend," "may," "ongoing," "plan," "potential," "predict," "project," "should," "will," "would," or the negative of these terms or other comparable terminology, although not all forward-looking statements contain these words. Forward-looking statements are not a guarantee of future performance or results and will not necessarily be accurate indications of the times at, or by, which such performance or results will be achieved. Forward-looking statements are based on information available at the time the statements are made and involve known and unknown risks, uncertainty and other factors that may cause our results, levels of activity, performance, or achievements to be materially different from the information expressed or implied by the forward-looking statements in this press release. This press release should be considered in light of all filings of the Company that are contained in the Edgar Archives of the Securities and Exchange Commission at SEC.gov and in OTC Markets at OTCMarkets.com. Investor Relations Contact:
News Source: Xalles Holdings Inc. 09.01.2026 CET/CEST Dissemination of a Corporate News, transmitted by EQS News - a service of EQS Group.
|
Language: | English |
Company: | Xalles Holdings Inc. |
United States | |
ISIN: | US98388D1072 |
EQS News ID: | 2258016 |
End of News | EQS News Service |
2258016 09.01.2026 CET/CEST
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