Zealous announced today the appointment of Mr. William Dully as the CFO/COO for Zealous Trading Group (OTCBB:ZLST), the parent of Zealous Capital Markets and Zealous Asset Management.
"Bill Dully brings considerable experience in both operations and finance from other companies. This is one of the most important hires in the company's history as we have been able to secure a world class operator with such a tremendous track record," said Milton "Todd" Ault III, chairman and CEO of Zealous Trading Group.
"Zealous has its own set of challenges and faces the demands of tremendous growth. That is why I believe my operational background is such a perfect fit for the needs of Zealous," said Bill Dully.
Zealous also announced today the formation of a special steering committee to weigh the various proposals it has received from outside investors. "The number of offers in various forms for ZATS, our trading platform, made it necessary to form a special committee to report to the Board. It became clear that the demand for ZATS was overwhelming and that it would be advantageous for Zealous to seek the advice of others in deciding whether or not it is strategically desirable to license our platform or take private equity investment," said Mr. Ault.