In a recent turn of events, Mr. Shelly Shannon, the former CEO/President of Applied Expert Systems and Software Incorporated (APEXS), has made a significant decision regarding his future and the company's fate. This decision stems from a personal matter involving his children, who have experienced a misunderstanding in their relationship.
In light of this family situation, Mr. Shannon has decided to remain in the Philippines until further notice. He has also expressed his desire to retain ownership of APEXS and ensure the continuation of its operations. Furthermore, Mr. Shannon wishes to secure the necessary resources to cover his ongoing medical expenses.
Following a series of discussions between Mr. Shannon and our General Manager, Jun Rebayno, a plan has been devised to ensure APEXS's continued success. This plan involves a strategic ownership transition, with Mr. Shannon retaining a significant stake in the company while Jun Rebayno assumes a more active role in leading APEXS into the future.
To facilitate this transition and guarantee the smooth operation of APEXS, several key changes have been implemented:
- Updated Signatories for Bank Transactions: The company has updated its bank account signatories to reflect the new leadership structure and ensure the efficient handling of financial transactions.
- Continued Customer Service: APEXS remains committed to providing its valued customers with the same high-quality service they have come to expect. The company will continue to cater to its existing client base and explore new opportunities for growth.
- Employee Restructuring: To ensure a smooth transition and a renewed focus on efficiency, all existing employees will be required to resubmit their resumes and undergo a six-month probationary period. This process will allow the company to evaluate each employee's skills and contributions and ensure a strong foundation for the future. Employees who successfully complete the probationary period will be automatically considered for regular employment. Those who choose not to participate in this process will be offered severance packages and support in finding new employment opportunities.
Furthermore, APEXS is committed to providing Mr. Shannon with the necessary medical care and support. A plan is in place to secure physical therapy services for Mr. Shannon, aimed at improving his mobility and overall health. This commitment reflects the company's deep respect and gratitude for Mr. Shannon's contributions and its dedication to his well-being.
This period of change marks a new chapter for APEXS. The company is embracing this opportunity to revitalize its operations, strengthen its leadership, and solidify its position as a leading provider of expert systems and software solutions. We are confident that this transition will lead to a stronger and more prosperous future for APEXS.
APEXS will be providing further updates regarding the company's rebirth and the transition process in the coming days. We appreciate your understanding and support during this time.
Image from: https://www.pexels.com/photo/close-up-shot-of-plant-on-soil-7944397/