Tuesday, 7 January 2014

IWG Lands New President


IWG has just announced that it will be placing Mr. Darryl Jacobs in the pilot’s seat as its new President.

The company has been steadily growing in both sales and profitability over the past years and Mr. Jacobs intends to continue that trend, bringing over 20 years experience in the aviation industry to IWG.

The Howard Group has history with Mr. Jacobs, as he was a co-founder and past President of AeroMechanical Services (now FLYHT Aerospace) with which we have been deeply involved and invested in since late 2005.

The market has been appreciative of IWG’s years of consistent results and the stock price reflects that, as it is has increased more than 400% over the past 14 months.  Today’s news sparked a further increase and as of this writing it is up over 8%.

To view news release, please click here...

Basic Shares: 37.7 million
Fully Diluted: 39.7 million