ACCESS Newswire
30 Nov 2021, 19:35 GMT+10
NEW YORK, NY / ACCESSWIRE / November 30, 2021 / New America Energy Corp. (OTC PINK:NECA), name to be changed to 'Third Bench', an industry leader in Kitchen & Bathroom cabinetry and countertops.
Third Bench is pleased to announce the expansion of the Company's finance oversight with the retention of James B Turk as its new Chief Financial Officer effective Nov 8, 2021. James has an extensive career as an executive, operating public companies, and executing M&A strategies.
Mr. Turk stated 'I am excited to hit the ground running. The personnel here at Third Bench, LLC and its subsidiaries are incredibly talented. I have enjoyed watching the Company grow as a spectator in a 3rd party professional service provider role. With the team that is in place and a little tailwind behind us as the pandemic recovery strengthens; I see great things coming our way.'
David Fair, Third Bench CEO, 'We are thrilled to add James' extensive experience and wealth of knowledge to the Third Bench executive team! We have known James as our long-time CPA and believe this a great opportunity to continue to build a strong operating company by including a well-known financial expert like James to the team!'
James B Turk began his career with the international public accounting firm Grant Thornton (1987-1991) with a focus on manufacturing and financial institution audits. Over his career James has held the financial leadership role with numerous private and public companies including:
Mr. Turk held a Certified Public Accountancy (CPA) license from 1991 to 2019 (allowed to expire in anticipating his retirement), has a Bachelor of Science degree in Business Administration, Accounting from the Malcolm Forbes School of Business, Adams State College in Alamosa, CO.
About Third Bench Holdings, LLC
THIRD BENCH Holdings is a holding company for five subsidiary companies operating as an architectural millwork and dealers in the cabinetry, kitchen and bath areas. THIRD BENCH, through its subsidiary companies, offers products in several categories: Residential Cabinets and countertops and commercial millwork throughout the Western U.S. for customers from California to Texas. THIRD BENCH also provides installation services as a part of its vertical offering. The company provides its products and services through its architectural millwork and retail facilities, currently located in Albuquerque and Las Cruces, New Mexico and Tucson, Arizona. Third Bench employs over 140 people and had revenue operations in excess of $19 million in 2020. Third Bench is on a run rate of over $28.0 million for 2021 and is cash flow positive. These projections have been provided by management and do not include the additional acquisitions that are currently under review.
Third Bench Holdings
175 S. Main Street #1410
Salt Lake City, UT 84111
https://thirdbench.com/
About New America Energy Corp.
New America Energy Corp. (NECA) is a holding company focused on strategic acquisitions that are opportunistic, cash-flow positive with hard assets.
NECA Contact:
Investor Relations:
770-235-6053
[email protected]
https:/twitter.com/necaholdings
https://twitter.com/third_bench
NOTICE REGARDING FORWARD LOOKING STATEMENT
Safe Harbor Statement under the Private Securities Litigation Reform Act of 1995: This news release contains forward-looking information within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended, including statements that include the words 'believes,' 'expects,' 'anticipate' or similar expressions. Such forward-looking statements involve known and unknown risks, uncertainties and other factors that may cause the actual results, performance, or achievements of the company to differ materially from those expressed or implied by such forward-looking statements.
SOURCE: New America Energy Corp.
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