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In addition to his oversight of Norcom’s operations, Mr.
McColl made two important hiring decisions at Norcom. First, in
August 1992 he hired Richard Cross III to be Norcom’s interim,
part-time president. Thereafter, Messrs. McColl and Cross worked
together as coleaders of Norcom. Mr. Cross worked 2.5 days per
week, while Mr. McColl worked full time at Norcom.
Responsibility for operational, sales, and marketing issues fell
primarily on Mr. Cross, while Mr. McColl focused on the financial
management of Norcom. Mr. Cross continued to be Norcom’s
president until April 1993. At that time, Mr. Cross assumed the
title of CEO, which he held until December of 1993. Norcom paid
$459,340 for 17 months of work by Mr. Cross.
In April 1993, Mr. McColl hired Hal Rahn to replace Mr.
Cross as Norcom’s president. Mr. Rahn continued to serve in that
capacity through 1996. Like Mr. Cross, Mr. Rahn focused on
operational, sales, and marketing issues at Norcom. High-level
financial and investment issues continued to be handled by Mr.
McColl and others at Quest. Norcom compensated Mr. Rahn for his
services.
In 1993 Mr. McColl also elevated Mr. Zelazny to vice
president of finance. Although Mr. Zelazny was given an
additional title in 1993, his duties continued to be primarily
that of a controller. Norcom has not employed any senior level
officers with significant financial expertise or experience after
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Last modified: May 25, 2011