PrimeGen Energy Corp. (PINKSHEETS: PGNE) reported the appointment of Vladamir Y. Protskiv to the Board of Directors and as the new CEO and President of the Company with immediate effect. Robert Charlton, the former President, will remain on the Board and continue his role as a Director of the Company.

The press release is quoted as saying:

Vladamir Y. Protskiv, 62, is one of the founding shareholders of PrimeGen Energy. He holds a degree in Economics and an MBA and has a background in venture capital, direct investment management in Russia and Europe. During the period 2006 to 2008, Mr. Protskiv was involved with certain M & A activities of PrimeGen. Mr. Protskiv has also followed closely the development of PrimeGen and has shown a keen understanding and interest in the challenges that the Company now faces.

Click here to access the entire press release

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