Kent Oyler an Advisory Board member since inception has been selected as the new CEO of GLI Inc. We congratulate Kent on this outstanding appointment and express our confidence in GLI as Kent prepares to lead them into the next evolution of this critical organization. We thank him for his support of Pallas since its inception as a great friend, advisor, and business associate.
In addition to Kent's departure we also would like to express our profound gratitude to Alice Houston and Tom Jurich. They have served our Advisory Board since inception and will now roll off the Board.
We welcome Ray Strothman to the Advisory Board as our newest member.