Tue, Jul 13, 2010
Founder And President, Two Other Company Officers Lost In
The founder and president of U.S. Highland, a motorcycle
company based in Mounds, OK, was fatally injured along with the
company's chief operating officer and chief financial officer when
the Cessna 421 they were flying went down after declaring an
emergency Saturday night.
Official have identified those killed as president Mats
Malmberg, COO Charles Bales, and CFO Damian Riddoch.
Multiple media sources including Bloomberg Business Week report
the trio was returning from a business trip to Detroit when the
accident occurred. Bales was flying the 421, and had requested an
emergency landing at Tulsa International. But the airplane went
down in a wooded area near the airport. The reason for the
emergency landing request was not disclosed.
“This is a human tragedy beyond imagination,” U.S.
highland Chief Executive Officer Steven Moell said in the
statement. “They were all true visionaries and will be deeply
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