In recent IDT news, they have just announced that they are increasing the size of their board from five to size members at IDT Corporation, with the appointment of W. Wesley-Perry.
Perry has already been serving as the chairman of Genie Energy Corporation for one year. Genie Energy Corporation, an IDT subsidiary, is comprised of IDT’s interests in IDT Energy, American Shale Oil, LLC (AMSO) and Israel Energy Initiatives (IEI).
W. Wesley-Perry owns and operates S.E.S. Investments, Ltd., which is an oil and gas investments company. In November of 2007, Perry was elected Mayor of Midland, Texas where he still serves in this capacity.