E-Debit Global Corporation (OTCMKTS:WSHE) Files An 8-K Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain OfficersItem 5.02. Departure of Directors or Principal Officers; Election of Directors; Appointment of Principal Officers
On March 13, 2018, the Registrant’s Board of Directors appointed Brendan Mckenna to serve on the Board of Directors. The appointment of Mr. McKenna fills a newly created board seat.
It is expected that Mr. Mckenna will serve as the Director of the Tribal Affairs Committee. Mr. McKenna will have the same compensation arrangement for his service as a director on the Board of Directors as the Registrant’s other outside, non-chairman, directors. That compensation currently consists of an initial option grant. Like the Registrant’s other directors, Mr. McKenna will be entitled to reimbursement for reasonable out-of-pocket expenses incurred in the performance of his duties and the attendance at board meetings and any meeting of stockholders.
Brendan McKenna, one of American Indian Health Services’ founders, has served as AIHS’ Chief Executive Officer since its inception in 2005. He is leading AIHS’ efforts to bring measurable health care improvements to the American Indian and Alaska Native people. His 20+ years of professional experience spans both the fully-insured and the self-funded arenas. Recognizing the opportunity to bring best practices towards Indian Country, Brendan’s efforts promote the purchase and delivery of health care services. His goal is for every Tribe to develop a targeted, population-based, health care model that achieves optimal outcomes—both clinical and financial—for its people. Over the last 8 years, AIHS has saved its Tribal partners $500+ Million in health care costs.
Mr. McKenna is a participating tribal member of Nambe Pueblo in New Mexico with a Masters of Health Administration degree from the University of Washington. His expertise includes Tribal Sovereignty and Governance, Indian Law- interpretation and application. Mr. McKenna will serve a key role in our efforts to develop tribal partnerships with respect to hemp and cannabis.
About E-Debit Global Corporation (OTCMKTS:WSHE)
E-Debit Global Corporation focuses on providing integrated electronic commerce and payment solutions, including merchant transaction processing services through its various subsidiaries and corporate partners. The Company focuses on automated teller networks around the nation. The Company focuses on end-to-end transaction solutions in North America. The Company acquires, authorizes, switches and settles financial transactions across multiple channels. The Company’s services include VENCASH automated teller machine (ATM), electronic fund transfer (EFT) payments, processing and card products. The Company’s EFT payments include Payroll and other EFT functions. The Company’s card products include Closed Loop, Pre-Paid, Debit, Credit Cards and Loyalty.