Bantec, Inc. Announces Matthew Wiles Resignation as Chief Operating Officer
May 11, 2021 at 04:25 pm EDT
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On May 6, 2021, Matthew Wiles, Chief Operating Officer and a member of the Board of Directors of Bantec, Inc. submitted his resignation from the Company’s Board, from his role as Chief Operating Officer, and from his role as General Manager of Howco Distributing Co. (“Howco”). Mr. Wiles’ resignation was not the result of any disagreement with Howco, the Company, its Board of Directors, or its management. Michael Bannon, the Company’s CEO and Director, will assume Mr. Wiles’ duties until a replacement is selected.
Bantec, Inc. is a product and service company targeting the United States government, state governments, municipalities, hospitals, universities, manufacturers and other building owners. The Company provides product procurement, distribution, and logistics services through its wholly owned subsidiary, Howco Distributing Co. (Howco) to the United States department of defense and defense logistics agency. The Company, through Bantec Sanitizing, offers sanitizing products and equipment through its new store bantec.store. The Company sells drones and related products manufactured by third parties to various parties, primarily local government entities. Its drone programs constitute selling its customers drones, drone accessories, accident reconstruction software, drone training, drone services, counter-drone technology, certificates of authorization (COAs) and Waivers. The Company has operations based in Sparta, New Jersey and Vancouver, Washington.