a21, Inc has terminated the employment of Thomas V. Butta
According to a Form 8-K filed by a21, Inc. the owner of SuperStock and ArtSelect, the employment of Tom Butta, the President of a21 and the Chief Executive Officer of SuperStock, was terminated on June 19th. a21 board member Philip N. Garfinkle has been appointed interim President and Chief Operating Officer at A21 and interim President and Chief Operating Officer of SuperStock. The report states "The Company and Mr. Butta are negotiating the terms of a termination agreement." Sources who wish to remain anonymous, say Mr. Butta's employment may have been terminated "for cause." This news follows the recent departure of Haim Ariav the former President and Chief Creative Officer of SuperStock.
Click here to view the Form 8-K filed by A21 regarding this matter.
Related stories:
Haim Ariav departs Superstock (June 14, 2006)
a21 has acquired ArtSelect (May 17, 2006)
a21 reports 1st quarter 2006 financial results (May 17, 2006)
A21 raises $15.5MM Private Investment (May 2, 2006)
A21 SuperStock Posts $4.7MM Loss for 2005 (April 27, 2006)
Royalty free stock photo subscription buyers guide (March 29, 2006)
A21/Superstock taps industry veterans to help guide company (March 21, 2006)
a21 Opens new office in London (February 24, 2006)
SuperStock opens New York City office (February 2, 2006)
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