Steve Samblis gets CANNED;
Millionaire.com Names New Board Of Directors, New Public Relations andInvestor Relations Firms
HILTON HEAD, S.C., March 15 /PRNewswire/ -- Millionaire.com (OTC Bulletin Board: MLRE) today announced the election of a new Board of Directors. The composition of the Board of Directors was restructured in connection with the acquisition of The Great Gatsby's Auction Gallery, Inc., located in Atlanta, Georgia, in February 1999. The new Board is comprised of the following nine members: Robert L. White, A.J. Nassar, W. Ken Costanzo, Dean Echols, David Strong, Robert Slack, Marie Kowalik, J. Michael Nixon and Dr. Richard Sander.
Robert L. White -- Mr. White, 53, has served as Chief Executive Officer and President of Millionaire.com since November 1998. Mr. White also serves as Chairman of the Board of Millionaire.com Mr. White was the former Chairman and Chief Executive Officer of the Robb Report magazine which he sold in 1983. He has worked globally in the publishing, antique and collectible industry for over 30 years.
A.J. Nassar -- Mr. Nassar, 42, has served as President, Chief Executive Officer and a director of The Maxim Group, Inc., a leading floor covering retailer, since 1990. From 1986 to 1990, Mr. Nassar served as Vice President and Chief Operating Officer of Kenny Carpet and Linoleum, Inc.
W. Ken Costanzo -- Mr. Costanzo, 46, is a former senior executive of the Fortune 500, W.R. Grace & Co. Over a 20-year period with Grace, Mr. Costanzo's responsibilities included executive posts in Marketing, Sales and Business Development, and Human Resources. Today, Mr. Costanzo is President of Executive Solutions, Inc., where he and his firm work closely with senior executives both domestically and internationally in the areas of business and organizational development.
Dean Echols -- Mr. Echols, 54, is the Director of Government Services of Manheim Auctions Government Services. Government Services is a unit of Manheim Auctions, a Cox Enterprise company selling over six million units annually, valued at $30 billion, from 80 auction locations in every major North American market as well as Europe. With nearly 40 years experience in the auction industry, Mr. Echols has significant expertise in the marketing and the sale of a broad range of merchandise, including vehicles, antiques, jewelry, art and equipment.
David Strong -- Mr. Strong, 55, is a Senior Vice President of Marketing of Millionaire.com. Previously, over a 23-year period, he was extensively involved in the development of Hilton Head Island, S.C. His prior positions include President of Diversified Properties Group and Vice President of the Hilton Head Company. He also served in similar capacities with Prudential Commercial Services. Mr. Strong was a past Director of the Hilton Head Chamber of Commerce, Director of the Hilton Head Board of Realtors and has held several other leadership positions in the Hilton Head community.
Robert Slack -- Mr. Slack, 57, founded The Great Gatsby's Auction Gallery, Inc. in 1979 and serves as its Chief Executive Officer. Gatsby's, which was acquired by Millionaire.com in February 1999, is an Atlanta-based auctioneer and wholesale gallery of fine arts, interior and exterior furnishings, antiques and collectibles.
Marie Kowalik -- Ms Kowalik, 44, is President of Millionaire.com. She is also President of The Great Gatsby's Auction Gallery and has served in this capacity since December 1998. Previously, for twelve years she served as Senior Vice President of CarpetOne, a floor covering trade cooperative.
J. Michael Nixon -- Mr. Nixon, 54, has been an executive officer and co-owner of Q.I. Corporation, a building materials contractor, since 1967. Mr. Nixon is also a director of The Maxim Group, Inc.
Dr. Richard L. Sander -- Dr. Sander, 53, has served as the athletic director of Virginia Commonwealth University for the past 13 years. Under his administration, the VCU athletic program has undergone significant changes and gained national recognition for its success, as he also introduced multi- million dollar capital improvements to university programs.
"The unique, proven, and broad based experience of our new board combines all ranges of experience necessary for implementation of our current business model, additionally, these individuals provide us with significant domestic and international corporate expertise", said Robert (Rusty) White, CEO & President of Millionaire.com. "The strength, leadership, and dedication of this Board will allow us to roll out our growth plans in the most effective and aggressive manner possible."
In addition, the company has announced the hiring of Chernoff/Silver and Associates to head its public relations efforts. Also, Ken Costanzo will now oversee the company's investor relations function, replacing Fortune Marketing and Capital Consultants who were previously retained for these services.
Chernoff/Silver and Associates is a full-service advertising, marketing and public relations agency headquartered in Columbia, S.C. with offices in Hilton Head, S.C. and Orlando. Founded in 1974, Chernoff/Silver will handle media relations, special events, community relations and other communication projects for the upscale global auction company, magazine publisher and e-commerce site. Their national clients include Shell Oil Co., Nickelodeon, Fleet Mortgage and SCANA Corp. One of the agency's first projects will be coordinating the "MLRE" Grand Opening Auction and preview party at the company's Global Auction Emporium in Hilton Head. An open house and preview event will be held April 29, while the first-ever on-site auction will be April 30.
Ken Costanzo is President of the Greenville, S.C.-based Executive Solutions, Inc. Previously, Costanzo held corporate executive posts with W.R. Grace & Co., including the positions of Vice President of Global Marketing and Business Development and Vice President of Global Human Resources. Prior to his 20-year career with Grace, Costanzo held key management positions with Zenith Electronics Corporation and Schott Technologies. His broad international experience includes mergers and acquisitions, marketing, sales as well as labor and human relations.
"Ken brings a unique blend of experience in sales, marketing and business development to our company's roster," said Robert White, president and CEO of Millionaire.com. "Chernoff/Silver's national media relations experience coupled with their expertise in special events also made them a perfect fit for our company. We are thrilled to bring them both on board."
Millionaire.com is a multi-dimensional company marketing products direct to consumers and some through the company's web site (www.millionaire.com ). The site now includes all of Millionaire Magazine's editorial features and advertising, a chat room, e-mail access, a guest book and a forum where people of like interests can communicate, ask questions and bid on items sold at Millionaire.com's auctions and through Millionaire Magazine itself. Certain statements and information included in this release constitute "forward-looking statements" within the meaning of the Federal Private Securities Litigation Reform Act of 1995. Such forward-looking statements involve known and unknown risks, uncertainties and other factors that may cause the actual results, performance or achievements of the company to be materially different form any future results, performance or achievements expressed or implied in such forward-looking statements.
SOURCE Millionaire.com
CO: Millionaire.com; Chernoff-Silver and Associates
ST: South Carolina, Georgia, Florida
IN: MLM REA
SU: PER
03/15/99 08:02 EST prnewswire.com
|
