Given these facts, RepEx Shipping and Black Talon Incorporated are separate companies under the umbrella of RepEx Corporation.
The new organization of RepEx has changed little in terms of daily operations. However the official status of the leadership of the distinct RepEx holdings is as follows:
Mr. Cummings, our former CEO, is now Chairman of the Board and oversees all operations.
I, Ulrich Wagner, am now the CEO of RepEx Shipping while Sanguinius is the acting CEO of Black Talon.