MBHC starting to move. Management credentials:CEO - Dennis Rushovich
Dennis C. Rushovich was a founder, and formerly the chief operating officer and chief financial officer, of Independent Financial Marketing Group, the second largest U.S. third-party marketers of annuities and mutual funds to consumers to banks and financial institutions. Founded in 1989, Independent Financial grew to $2.4 billion in revenues before it was sold to Liberty Financial Companies in 1996. Mr. Rushovich's past experience also includes serving as chief financial officer of the marketing division of Sage Holdings, a large South African mutual fund and insurance group.
Kevin Maloney- President
Kevin P. Maloney comes to MBHC from Asset Protection Trust Company, one of the first companies in the U.S. to market foreign situs trusts. Mr. Maloney has also served as an investment banker for a number of financial organizations, including Spencer Trask Securities, Inc., Balis and Zorn Securities, Inc. and Nutmeg Securities. Mr. Maloney also led successful merchant banking business ventures in Europe and the Middle East.
Board Nominees to be appointed when Audited Financials done
Royce N. Flippin, Jr., the board nominee who is also nominated to be Chairman, is President of Flippin Associates, a consulting firm that focuses on the development of resources, programs, new markets and human resource management for career planning, communication and leadership skills. He is also a network partner of The Sullivan Group, a division of Smith Barney. A Princeton graduate with a Harvard MBA, Flippin was a Professor and Director of Athletics at Massachusetts Institute of Technology from 1980 to 1992, and currently serves as Director of Program Advancement at MIT, providing consulting services to the MIT Office of Individual Giving -- Resource Development.
Mr. Flippin is a trustee or board member of numerous organizations, including Ariel Capital Management Mutual Funds (since 1986), Educational Video Conferencing, Radkowsky Thorium Power Corp., Kinematic, Inc., Newark Boys Chorus, Asphalt Green Aqua Center and the Princeton Club of New York City.
Stephen H. Hamrick is Chairman of Carey Financial Corp., a subsidiary of W.P. Carey & Co. He formerly was CEO of Wall Street Investor Services; was a Senior Vice President for PaineWebber, Inc, where he served on the firm's Management Council; and also was National Director of Private Placements for E.F. Hutton & Co. A graduate of Duke University, he is on the board of Orbitex Mutual Funds USA, has served as Chairman of the Securities Industry Association's Direct Investment Committee and as Chairman of the Investment Program Association, and also is a voting member of the Committee on Securities which approves companies to be listed or de-listed on the AMEX.
Christopher D. Illick is a Senior Officer of the New York investment bank Brean Murry & Co. and a General Partner of Illick Brothers, a family real estate and management business. He formerly was a founder and the President of the U.S. subsidiary of Robert Fleming Holdings, Ltd., of London, England. An attorney with a law degree from the University of Virginia, he also formerly was a Director, Chief Administrative Officer and General Counsel of CG America Corp., and has been a member of the boards of numerous corporations, including Aliginis, Intersil, Loehmann's, National Transaction Network, Bio-Technology General, Biomune Systems and The Mercantile & General Reinsurance Company of America.
Hilliard A. Zola is President of Dierman Wortley and Zola, Inc. He previously served as the Co-Managing Partner of Denman & Partners, he founded the International Consulting Group, Ltd., and he was Vice President of Alexander & Alexander. An attorney, he was named by President Ford to serve as Vice President of Insurance of the Overseas Private Investment Corp., and he served as Legal Adviser for the Economic Development Administration of the U.S. Department of Commerce.
A former Special Assistant to the U.S. Secretary of Transportation for Policy Development and International Affairs, Mr. Zola has lectured on international events and political risk, including appearances before the International Conference on Construction in the Middle East, which was sponsored by the Financial Times of London; the Ministry of Public Works of Bahrain; the U.S. Chamber of Commerce; and the Fletcher School of Law and Diplomacy. He founded and served as the executive director of the Homebuilders Ad Hoc Policy Group; founded the Friends of Hungary Foundation; and served as counsel to the first post-Communist Ambassador of Hungary, Peter Zwack.
Stephen Bradley - Managing Director of Fortrend International LLC, an investment bank in NY. He is also founder and princiapl of Salem Partners in NY, a consulting firm for global business development in North America, South Africa, Spain, Austria, Greece, Croatia, Mexico and Brazil. He was Executive VP for Daiwa America Securities. He was managing director for Merril Lynch Capital Markets and the equities division. He was VP at Paine Webber also. |
