NEW YORK, March 6, 2017 /PRNewswire/ -- On March 2, 2017, Tom Buckner and John Buckner, former officers, directors and owners of Ibis Tek LLC were charged with fraud, as was the former CFO, Harry Kramer. These charges relate to a long-running investigation of the former officers of the prior company dating back to activities prior to 2009 related to an isolated program. These individuals have not been directors or officers of the company since January 1, 2017 when new leadership was installed.
The pending nature of the charges were the driving force behind the leadership changes and the sale of the company.
Vince Nardy is currently Chief Executive Officer and Phillip Won Chief Financial Officer of the Company. Ibis Tek, Inc. continues to service all business and contracts formerly served by the former Ibis Tek. Previously, Mr. Nardy was the CEO of Solon, OH based Hunter Defense Technologies, Inc. ("HDT") from 2001 to 2011, a period during which HDT experienced substantial growth and developed a pristine reputation as a "best in class" company. Mr. Won also worked as an executive at HDT for a period of 5 years.
"We look forward to having this matter having to do with former company executives behind us. Our company was cleared in the related investigation which dates back to activities eight years ago, and we, the over 250 employees of the new Ibis Tek, continue forward on our mission which is to proudly serve the warfighter and our various government customers. Our new ownership and management teams have sterling reputations and we look forward to driving the new Ibis Tek, Inc. into the future."
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SOURCE Ibis Tek LLC