Generation Zero Group Announces Richard Morrell as new CEO

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Generation Zero Group focuses on under new leadership.

Generation Zero Group, Inc. (GNZR:OTCQB) has appointed Richard M. Morrell as its new Chief Executive Officer and as a member of its Board of Directors. He will lead the development and execution of the company’s near-term and long-term strategies with the goal of driving immediate earnings through revenue-producing business lines with a focus on growth and shareholder value.

“Richard made an immediate impression on us as an energetic action-oriented leader when we first engaged with him on a consultative basis,” said Cynthia White, one of Generation Zero Group’s Directors, who continued “His vision and ideas are exactly what we were looking for. We believe that he has the experience and capabilities to lead our company to growth. In a short period of time, he has already moved us forward on a number of fronts.”

Since Mr. Morrell joined Generation Zero Group in July, he has focused the organization on its flagship business line, “Right now the company is all about We have developed new initiatives and partnerships for that will boost its growth in the coming months, and we expect to make some exciting announcements about those developments very soon,” Mr. Morrell said. “In addition to, the company will continue to seek out and engage high-value business opportunities on an ongoing basis.”

Prior to joining Generation Zero Group, Mr. Morrell was the Regional Vice President of Finance for Time Warner Cable’s East Region, where he directly led an organization of over 400 team members. Extensive experience gained from senior management positions within Wachovia/Wells Fargo, the Utah Athletic Foundation and the Salt Lake Olympic Committee is reflected in his key strength of successfully implementing fiscal responsibility and accountability at all levels.

A native of Washington State, Mr. Morrell earned a bachelor’s degree in Economics from the University of Washington and received his MBA from Brigham Young University. He currently resides in Marvin, NC with his wife and four children.


Generation Zero Group is a holding company established to acquire and develop strategic business opportunities with strong growth potential. GNZR’s primary holding is URL Holdings, which owns Visit, email for more information, and see our product at

This Press Release may include forward-looking statements including information about management's view of future expectations, plans and prospects. In particular, when used in the preceding discussion, the words "believe," "may," "could," "should," "expect," "anticipate," "estimate," "project," "propose," "plan," "intend," and similar conditional words and expressions are intended to identify forward-looking statements. Any statements made in this news release other than those of historical fact, about an action, event or development, are forward-looking statements. These statements involve known and unknown risks, uncertainties and other factors, which may cause the results of Generation Zero, its divisions and concepts to be materially different than those expressed or implied in such statements. These risk factors and others are included from time to time in documents Generation Zero files with the Securities and Exchange Commission, including but not limited to, its Form 10-Ks, Form 10-Qs and Form 8-Ks. Other unknown or unpredictable factors also could have material adverse effects on Generation Zero's future results. The forward-looking statements included in this Press Release are made only as of the date hereof. Generation Zero cannot guarantee future results, levels of activity, performance or achievements. Accordingly, you should not place undue reliance on these forward-looking statements. Finally, Generation Zero undertakes no obligation to update these statements after the date of this release, except as required by law, and also takes no obligation to update or correct information prepared by third parties that are not paid for by Generation Zero.

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