People on the Move

Utah County Realtors name 2009 leaders -- The Utah County Association of Realtors named Matt Barton of Windermere Real Estate in Orem its president for 2009. He replaces Kenny Parcell, former president of the association.

As part of the leadership change, Kimberlie Kerswell of Affiliated Realty in Orem was appointed president-elect;¬ Chris Nichols of Prudential Utah in Orem was appointed first vice president; Stephanie Vincent, also with Prudential, will serve as treasurer.

The other elected Board members include Eric Bingham of Vision Real Estate in Provo, Amber Burke of Century 21 at the Rockies in American Fork, Mike Burns of R&R Realty in American Fork,¬ Alan Carter of South Rim Realty in Payson, Rod Fife of Coldwell Banker Residential in Orem, Sharee Killpack of Territory Land Real Estate in Mapleton, Dennis Murray of Rock Canyon Real Estate in Orem, Jechelle Secretan of RE/MAX Results in American Fork, and Scott Walters of Best USA Realty in Salem.

iMergent president resigns

Just one month after former iMergent chief executive Donald Danks's abrupt resignation, the Orem eCommerce company lost another of its top executives.

Brandon Lewis resigned from his position as president and chief operating officer of iMergent effective March 9. He had served in that role for the past seven years. He also resigned as director of the company's board, effective immediately.

"He wasn't fired. He wasn't forced out," said Jeffrey Korn, iMergent's general counsel. "He wants to spend more time with his family and pursue other opportunities and allow the new CEO space to impart his own vision." Steven G. Mihaylo took over as iMergent's CEO in early November.

Danks's resignation came after the company reported net losses for its fiscal first quarter worsened from a year ago because of the economic downturn and a tax audit by the Internal Revenue Service. He had served as iMergent's CEO since 2001.

Last August, Danks resigned as chairman after he leaked material information from the company's third quarter 2007 fiscal earnings before it was due to be released to the public -- causing the company to come close to being delisted from the American Stock Exchange.

Governor's office offers ATK $32.7M credit

CLEARFIELD -- The Governor's Office of Economic Development has approved a $32.7 million incentive to try to lure a new Alliant Techsystems commercial aircraft composite manufacturing plant.

Clearfield is among the areas competing for the new facility. Utah already has 5,800 ATK employees, including some who work in the manufacturing division at a center in Clearfield. The incentive approved Thursday would be a refundable tax credit over 20 years.

Officials say ATK will make a decision in the next couple of months.