UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
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Form 8-K
CURRENT REPORT
Pursuant to Section 13 or 15(d) of The Securities Exchange Act of 1934
Date of Report (Date of earliest event reported): March 12, 2008
PACKETPORT.COM, Inc.
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(Exact name of registrant as specified in its charter)
Nevada |
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0-19705 |
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13-3469932 |
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(State or
other jurisdiction |
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(Commission |
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(IRS
Employer |
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2236 Cathedral Avenue, Washington, D.C. |
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20008 |
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(Address of principal executive offices) |
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(Zip Code) |
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Registrant's telephone number, including area code: (202) 491-4550
Item 5.02 Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers
On March 12, 2008, the Board of Directors of Packetport.com (the “Company”)
appointed Marian Sabety as the President and Chief Executive Officer; Charles Lee
Hamilton as Senior Vice President and Chief Technology Officer; Richard Rose as Chief
Financial Officer; and Thomas Kerns McKnight as Secretary, Treasurer and General
Counsel. Information about each officer is reported below:
Marian Sabety, 58, will serve the Company as Chairman of the Board, President and CEO
of the Company. The term of her appointment is perpetual at the pleasure of the Board
of Directors. Ms. Sabety has served as the President and CEO of Wyndstorm Corporation
(“Wyndstorm”) since it was founded on August 5, 2006. Ms. Sabety’s
employment with Wyndstorm is the subject of a signed contract. Ms. Sabety is the spouse
of Thomas Kerns McKnight (see below). Ms. Sabety has spent 25 years in executive
positions in leading telecommunications and systems integration firms including ATT,
Sprint, WorldCom, Cap Gemini, AMS, SAIC and Stanford Research Institute Venture
Consulting.
Charles Lee Hamilton, 52, will serve the Company as Senior Vice President and Chief
Technology Officer. The term of his appointment is perpetual at the pleasure of the
Board of Directors. Mr. Hamilton has served as Senior Vice President and Chief
Technology Officer of Wyndstorm since it was founded on August 5, 2006. Mr.
Hamilton’s employment with Wyndstorm is the subject of a signed contract. Mr.
Hamilton has spent 20 years in senior engineering positions in wireless and edge
internet technologies including Siemens, Metricom, Sandia National Labs,
Pixar, and Stanford Research Institute.
Richard Rose, 53, will serve the Company as Chief Financial Officer.
The term of his appointment is perpetual at the pleasure of the Board of
Directors. Mr. Rose has served as Chief Technology Officer of Wyndstorm since it was
founded on August 5, 2006. Mr. Roses’s employment with Wyndstorm is the subject
of a signed contract. Mr. Rose has spent 30 years as Chief Financial Officer of
Cyveillance, Sonus Communications, Chart Works, Inc., Netrix Corp, and Penril DataComm
Networks, which are all public companies. Mr. Rose was formerly employed by
Arthur Andersen & Co.
Thomas Kerns McKnight, 62, will serve the Company as Secretary, Treasurer and General
Counsel. The term of his appointment is perpetual at the pleasure of the Board of
Directors. Mr. McKnight has served as Secretary, Treasurer and General Counsel of
Wyndstorm since it was founded on August 5, 2006. Mr. McKnight’s employment with
Wyndstorm is the subject of a signed contract. Mr. McKnight is the spouse of
Marian Sabety. Mr. McKnight has 34 years of experience providing legal services
for public companies such as Combined Communications Corporation, and Gannett
Co., Inc. Mr. McKnight is a member of the bar in the District of Columbia,
Maryland, New York, Ohio and Virginia. Mr. McKnight has also provided financial
services for Smith Barney, Quest Capital, Source Capital, Royal Bank of Canada,
and United Medical Bank and is a Certified Mortgage Banker and current Series 7 holder.
Mr. McKnight was a professor at Columbia University for 6 years where he taught classes
in entrepreneurship and is the author of “Will it Fly?”
SIGNATURES
Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.
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PACKETPORT.COM, INC. |
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(Registrant) |
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Date: March 12, 2008 |
/s/ Marian F. Sabety |
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Marian F. Sabety President and CEO |