June 10, 2008
Flotation president steps down
The president and CEO of Flotation Technologies Inc, Tim Cook, is stepping down and will be replaced by the current executive vice president, David A. Capotosto.
Tim Cook, the firm's majority stockholder, is retiring and will pursue personal goals, according to a press release.
The Biddeford-based company recently was acquired by Deep Down, Inc, based in Houston.
Tim Cook, the firm's majority stockholder, is retiring and will pursue personal goals, according to a press release.
The Biddeford-based company recently was acquired by Deep Down, Inc, based in Houston.
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