Monday, March 28, 2011

New CEO for AeroGrow (OTC:AERO) Starts in 3 Days

New CEO for AeroGrow (OTC:AERO) Starts in 3 DaysAeroGrow International (OTC:AERO), makers of the AeroGarden line of indoor gardening products, announced, in a press release, back in February, that it named J. Michael Wolfe as President, Chief Executive Officer and member of the Board of Directors. Concurrently, AeroGrow announced the retirement of Jack Walker as CEO. Mr. Walker will remain Chairman of the Board. Mr. Wolfe will begin his new role as CEO on March 31, 2011. As I write, shares of AeroGrow were down at $0.041 per share on very light volume of 3,112 compared to its average daily volume of 48,959 shares. The company has a 52-week range between $0.03 and $0.19 per share.