ENVK : ENVIROKARE TECH INC (OTC:BB)
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ENVIROKARE TECH INC - Former Sara Lee CEO, Charles H. Stein, Agrees to Become Chairman - of the Board and CEO
New York, New York, Dec. 04, 2000 (Market News Publishing via COMTEX) -- Envirokare Tech Inc. announced that Charles H. Stein has agreed to accept the position of Chairman of the Board and Chief Executive Officer (CEO) of Envirokare.
Stein has extensive leadership experience with publicly traded corporations. Much of this experience has been in establishing and developing corporations operating within the food and service industries.
Stein's previous experience includes serving as president and CEO of the Kitchens of Sara Lee, the world's largest provider of baked goods. He was also a director, member of the Executive Committee, and a vice president of Consolidated Foods, parent company of Sara Lee, and one of the top 30 companies of the Fortune 500. Stein has also served as chairman of New China Homes (NASDAQ), Shanghai's first and largest suburban home developer. In addition, Stein was previously chairman and CEO of CCA Companies Incorporated (NASDAQ), and chairman and CEO of Hardwicke Companies Inc. (NASDAQ), both of which employed several thousand people worldwide. Hardwicke built, developed, or operated more than 50 restaurants, including New York City's Tavern on the Green and Maxwell's Plum, as well as health spas and theme parks in North America, Asia, and Europe. Stein has also served as director or advisor to a wide range of American and international public companies, including: General Host Corporation (NYSE), Ward Foods (NYSE), Goldfield Corp (AMEX), Tokyu Corp., Land Development Division (Tokyo Stock Exchange), and Watney Mann Ltd. (London Stock Exchange), a British-based brewer and hotel company. Stein has also served as Special Trade Representative for the State of Florida.
Rick Clark, president of Envirokare, commented, "Being able to have an individual of Charles Stein's ability and experience join the Envirokare team is a huge plus for our company. We believe that Mr. Stein will be an immediate asset to Envirokare, and we fully expect that his leadership and organizational abilities and marketing contacts will prove beneficial as we move towards commercialization of our E Pallet(TM). We welcome the addition of Mr. Stein to our executive team."
Envirokare is a development stage company that has created a state-of-the-art E Pallet(TM) that the company believes is superior in quality and performance, to currently available pallets. Pallet substrate consists primarily of recycled plastics. The company's focus is on providing pallet program solutions for its customer base, while significantly reducing plastic waste materials.
Envirokare welcomes inquiries regarding their products and programs. The company has developed an information package that is available upon request. Interested parties are also directed to the Securities and Exhange Commission's EDGAR electronic informational system to obtain currently filed Envirokare corporate information.
This news release contains forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995 (the "Act"). In particular, when used in the preceding discussion, the words "plan," "confident that," "believe," "expect," "intend to," and similar conditional expressions are intended to indemnify forward-looking statements within the meaning of the Act and are subject to the safe harbor created by the Act. Such statements are subject to certain risks and uncertainties, and actual results could differ materially from those expressed in any forward-looking statements. Such risks and uncertainties include, but are not limited to, market conditions, competitive factors, the ability to successfully complete additional financings, and other risks.
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ENVIROKARE TECH INC - Former Sara Lee CEO, Charles H. Stein, Agrees to Become Chairman - of the Board and CEO
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ENVIROKARE TECH INC - Former Sara Lee CEO, Charles H. Stein, Agrees to Become Chairman - of the Board and CEO
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