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pacific webworks inc (PWEB) Key Developments

Pacific WebWorks, Inc. Announces Board Changes

Effective May 20, 2014, Derald M. Miller has been appointed by Pacific WebWorks, Inc.'s Board of Directors to fill a director vacancy on Board and he will serve as a director until out next annual meeting. Mr. Miller is 30 years of age and has served as the Company's Vice-President of Sales and Marketing since May 2013. From January 2013 to May 2013 he was employed as a Sourcing Manager for Skullcandy, Inc.

Pacific Webworks, Inc. Appoints Derald Miller as Vice President of Sales and Marketing

Pacific WebWorks, Inc. announced that Derald Miller has joined the company as its new Vice President of Sales and Marketing. Derald has extensive international business experience in sales, operations management and process improvement, most recently at Skullcandy, Inc.

Pacific WebWorks, Inc. Announces Death of James C. Roundy, Vice President of Sales and Marketing and Director

Pacific WebWorks, Inc. announced the death of its Vice President of Sales and Marketing and Director, James C. Roundy.  Mr. Roundy passed away on February 17, 2013.

Pacific WebWorks, Inc. Announces Executive Changes, Effective from December 1, 2012

Pacific WebWorks, Inc. announced that the company’s longtime Chairman and CEO, Kenneth W. Bell intends to retire effective November 30, 2012. Mr. Bell has served as the CEO of Pacific WebWorks since joining the company in January, 2001 and as Chairman since March, 2001. Company President, K. Lance Bell has been appointed as the new Chairman and CEO, effective December 1, 2012. Lance has served as President of Pacific WebWorks since May, 2011 and has 13 years previous experience in the software business, most recently with CedarCrestone, Inc. The company also announced that James C. Roundy will be appointed as Vice President of Sales and Marketing and will fill a seat on the company’s board of directors. Additionally, Tanner J Purser will be appointed as Controller and Secretary to the board of directors. Mr. Roundy has spent several years working in the financial services industry. Most recently, he founded and operated a sports apparel business, a majority of which was purchased by Pacific WebWorks in 2011. Mr. Purser has several years experience as an accountant and an independent auditor. Most recently, he has been serving as the Accounting Manager for Pacific WebWorks.


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