Mr. Charles M. Raymond

Charles Raymond has stepped down as interim president and CEO of Proprietary Industries Inc.Raymond, who was with Proprietary for eight years, will remain a director of the company.

Proprietary Industries of Calgary, Alberta has appointed Charles M. Raymond as its interim chief executive officer and president.
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Raymond is President of CMR Associates, a corporate consulting firm, and has been on the board of directors of Proprietary since March, 2001.

Proprietary Industries of Calgary, Alberta has appointed Charles M. Raymond as its interim chief executive officer and president.
...
Raymond is President of CMR Associates, a corporate consulting firm, and has been on the board of directors of Proprietary since March, 2001.

Peter G. White, Chairman, Charles M. Raymond, President & C.E.O., Cheryl Lebeuf, Secretary, Glenn F. McCowan, C.F.O., Rodney J. Gibson, C.O.O.

CALGARY, July 29 /CNW/ - Proprietary Industries Inc. announced today that its Board of Directors has appointed Mr. Charles M. Raymond, M.B.A., a member of the Board, as Interim Chief Executive Officer and President.
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Mr. Raymond is President of CMR Associates, a corporate consulting firm, and has been on the Board of Directors of Proprietary since March 30, 2001.

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Mr. Raymond and Mr. Holmstrom were appointed as a result of Mr. Peter Workum and Mr. Theo Hennig each taking a leave of absence from their positions with the Company in order to devote their full time and energy to responding to the proceedings before the Alberta Securities Commission involving Mr. Workum and Mr. Henning personally and Proprietary.
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Mr. Charles Raymond or Mr. Don Holmstrom, Tel: 1-403-266-6364, Fax: 1-403-266-6365, Website: http://www.proprietaryinc.com/, Email: info@proprietaryinc.com