Nace Panzica Steps Down As CEO Of Custom Chrome Global Motorsports Group.

After helping rescue the company from Chapter 11, having secured the funding required to keep the company alive and ensured that about 7.5 million in past due bills to vendors were paid, Nace Panzica is leaving his CEO daily management activities but will remain an advisor for the corporation. AMD reveals that last January Nace Panzica told confidentially to the magazine that if he succeeded in the rescue bid it was then his intention to be able to leave his management position as soon as practical. He will continue to provide assistance in the future on an advisory basis.  In 1970, Nace was one of the original founders of Custom Chrome.,

7 Responses to “Nace Panzica Steps Down As CEO Of Custom Chrome Global Motorsports Group.”

  1. 1 rodent May 31st, 2008 at 8:59 am

    rumor has it that Korean RevTec is taking over…only a rumor today

  2. 2 Donnie May 31st, 2008 at 9:33 am

    RevTec took over last February ! It was in Cyril’s news in January.

  3. 3 Mouse-Trap May 31st, 2008 at 11:32 am

    It’s a good thing someones paying attention.

  4. 4 Krome May 31st, 2008 at 11:39 am

    If a man is able to fix the company in 3 months, it says a lot about how bad were the former executives.

  5. 5 Wizz Jun 1st, 2008 at 1:48 pm

    Fix a company in three months? Not likely. I happen to know who’ll be taking over in charge and he’s probably the top guy for the job.

  6. 6 Junior Jun 7th, 2008 at 6:16 pm

    It took years to get to this point. It will take years to fix.

  7. 7 TT Apr 29th, 2009 at 1:05 am

    So, has it taken years to fix the problem? From what I see Custom Chrome is the first choice and only if you want to feel good after placing an order. I know that the above person did not fix anything and the management there now has done amazing things.

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