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Sonic Jet Performance Inc

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BUSINESS
March 12, 1999
Sonic Jet Performance Inc., Huntington Beach-based maker of personal watercraft and recreational/sport boats, announced a 2-for-1 stock split, effective March 26 for shareholders of record March 12. Directors approved the split "in an effort to provide more liquidity and to broaden shareholder base," said president Alex Mardikian. The company will have 13 million shares of stock outstanding after the split. The stock, which trades over the counter, closed Thursday at $20.63, up 63 cents a
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BUSINESS
March 6, 2001 | Marc Ballon
Beset by mounting losses, Sonic Jet Performance Inc. said Monday it fired Alan Weaver, the company's chief executive, president and chairman. "He was terminated by the board because of nonperformance," said Rao Mankal, Sonic Jet chief financial officer. Weaver, who held the top spot for less than a year, said the Huntington Beach company failed to achieve certain earnings milestones under his direction.
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BUSINESS
March 6, 2001 | Marc Ballon
Beset by mounting losses, Sonic Jet Performance Inc. said Monday it fired Alan Weaver, the company's chief executive, president and chairman. "He was terminated by the board because of nonperformance," said Rao Mankal, Sonic Jet chief financial officer. Weaver, who held the top spot for less than a year, said the Huntington Beach company failed to achieve certain earnings milestones under his direction.
BUSINESS
March 12, 1999
Sonic Jet Performance Inc., Huntington Beach-based maker of personal watercraft and recreational/sport boats, announced a 2-for-1 stock split, effective March 26 for shareholders of record March 12. Directors approved the split "in an effort to provide more liquidity and to broaden shareholder base," said president Alex Mardikian. The company will have 13 million shares of stock outstanding after the split. The stock, which trades over the counter, closed Thursday at $20.63, up 63 cents a
BUSINESS
March 9, 2000
Carol Christopherson has been appointed senior vice president, merchandising, for the Roxy division of Quiksilver Inc. in Huntington Beach. Christopherson has been senior vice president and general merchandise manager for Miller's Outpost Stores for the past three years. During her 13 years at Miller's Outpost, she also was buyer and divisional merchandise manager. * Alan Weaver has been appointed president and chief executive of Sonic Jet Performance Inc. in Huntington Beach.
BUSINESS
October 28, 1999
Veteran finance executive Marc Ley has joined the Irvine Co. as senior vice president, capital markets, and chief investment officer. Ley, who will oversee the company's finance and treasury operations, had been vice president and director of real estate capital markets at Pacific Life Insurance Co. * Patricia Beth Rice has been named chief executive officer of Sonic Jet Performance Inc., a Huntington Beach-based boat manufacturer.
BUSINESS
August 8, 1999
* Gino Sesto has joined RiechesBaird Advertising, Marketing and Public Relations in Irvine as junior media buyer. He was formerly an account executive at New Times, and before that was a field marketing representative and marketing manager at Sony Music. * Paul Nadel has been appointed director of contract manufacturing sales for Amway Corp. He joined the Nutrilite division of Amway in 1980 as manager of research and development.
BUSINESS
January 17, 1999
* Terence J. Keenaghan has been appointed vice president of sales and marketing for Fullerton-based Kaynar Technologies Inc.'s new Aerospace Components Group. He is responsible for inside and outside sales as well as marketing and technical sales for the group's line of specialty fasteners. Also, Craig Brown has been named vice president of operations for Microdot, a division of the aerospace components group.
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