ROI Land Investments Appoints Dr. Sami Chaouch as Chief Executive Officer and Sebastien Cliche as Co-President and Chief Operating Officer
(Thomson Reuters ONE) -
MONTREAL, April 7, 2016 - ROI Land Investments Ltd. (OTCQB: ROII) ("ROI" or the
"Company") announced today that it has made the following changes to its senior
management team:
* Dr. Sami Chaouch has been appointed Chief Executive Officer and will
continue to serve as Executive Chairman
* Sebastien Cliche, Co-Founder of ROI, has been named Co-President and Chief
Operating Officer
* Philippe Germain, a Co-Founder of ROI, will become Co-President
Dr. Sami Chaouch, age 51, started his career in investment banking in the
Middle-East where he held several senior executive positions before moving to
Canada in 2000 to continue working on various investment banking mandates, both
in Canada and internationally. Dr. Chaouch served as Executive Vice President,
M&A Head and CFO of a large Canadian Media and TV group for six years, and
currently sits on the Board of Directors of Groupe V Media and also on the Board
of Alliance Pharma. Dr. Chaouch obtained a business administration degree from
HEC Carthage, in Tunisia, and a Masters degree and Ph.D. in Finance from the
University Paris-Dauphine.
"Sami is a proven leader with institutional investment, operational and
business experience and is well known for his participative style of
leadership," said Philippe Germain, Co-President of ROI. "With extensive
experience at ROI, leadership positions at other companies and an impressive
record of driving performance, we are confident that as CEO he will help ROI
capitalize on the tremendous opportunity it is addressing."
Dr. Chaouch commented, "I have been intimately involved in building ROI and am
delighted to assume the position of Chief Executive Officer. ROI has a very
unique business model and I believe there is significant opportunity for us to
grow into a successful, global business."
Mr. Cliche, age 32, is an experienced real estate and land developer, and Co-
Founder of ROI. He has served as Chief Executive Officer at ROI since March
2014. Prior to joining the Company, Mr. Cliche served as Executive Vice
President at Azur & Capital, a land and construction bridge fund, where he
oversaw loan origination efforts. Mr. Cliche also served as a project manager at
Richard Cliche Constructions where he managed commercial and residential
construction projects for over a decade.
"Sebastien has made significant contributions to ROI throughout the its
existence. In his role as Co-President he will continue to help us develop a
strong global presence and to identify land investment opportunities," commented
Mr. Germain.
About ROI Land Investments Ltd.
ROI Land Investments participates in the early stages of real estate
development. The Company acquires raw land free of zoning restrictions located
in geographies positioned to benefit from unique economic catalysts. ROI also
manages the permitting process, oversees the construction of infrastructure and
works closely with established developers to bring the projects to completion.
The Company has projects underway throughout North America and the UAE.
SAFE HARBOR AND INFORMATIONAL STATEMENT
This press release may contain forward-looking information, including all
statements that are not statement of historical fact regarding the intent,
belief or current expectations of the company, its directors or its officers
with respect to, among other things: (i) the company's financing plans; (ii)
trends affecting the company's financial conditions or results of operations;
(iii): the company's growth strategy and operating strategy; and (iv) the
declaration and payment of dividends.
The words "may", "would", "will", "expect", "estimate", "anticipate", "believe",
"intend", and similar expressions and variations thereof are intend to identify
forward-looking statements. Investors are cautioned that any such forward-
looking statement are not a guarantee of future of future performance and
involve risks and uncertainties, many of which are beyond the company's ability
to control, and that actual results may differ materially from those projected
in the forward-looking statements as a result of various factors including the
risk disclosed in the company's statements and reports filed with the OTC
Markets.
Contacts:
KCSA Strategic Communications
Elizabeth Barker / Abbie Sheridan
212-896-1203 / 212-896-12007
roi(at)kcsa.com
This announcement is distributed by GlobeNewswire on behalf of
GlobeNewswire clients. The owner of this announcement warrants that:
(i) the releases contained herein are protected by copyright and
other applicable laws; and
(ii) they are solely responsible for the content, accuracy and
originality of the information contained therein.
Source: ROI Land Investments LTD via GlobeNewswire
[HUG#2002423]
Unternehmensinformation / Kurzprofil:
Datum: 11.04.2016 - 15:21 Uhr
Sprache: Deutsch
News-ID 463104
Anzahl Zeichen: 5480
contact information:
Town:
Québec
Kategorie:
Business News
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