MI Developments announces appointment of new director
March 27 2008 - 4:40PM
PR Newswire (US)
AURORA, ON, March 27 /PRNewswire-FirstCall/ -- MI Developments Inc.
("MID") (TSX: MIM.A, MIM.B; NYSE: MIM) today announced that Senator
Rod A. A. Zimmer has been appointed to its Board of Directors,
effective immediately. Senator Zimmer has been a member of the
Senate of Canada since August 2005 and currently serves on the
standing committees for National Security and Defence and for
Transportation and Communications. Since 1993, he has been the
President of The Gatehouse Corporation. From 1995 to 1998, he
served as Vice-President (Festivals) for the Pan American Games
Society Inc. From 1986 to 1993, he was the Vice-President of
Marketing and Communications and then the Executive Vice-President
for the Manitoba Lotteries Foundation and was also the Director of
Project Management for the Canadian Sports Pool Corporation in
Ottawa in 1984. From 1979 to 1984, he was Vice-President of
Corporate Communications for CanWest Capital Corporation. As a
philanthropist, he serves as a member of the boards of directors
for the following organizations: Canadian Paralympic Foundation,
Gold Medal Plates (2010 Olympics and Paralympics), Royal Winnipeg
Ballet, the Burton Cummings Theatre, the Millennium Centre,
Canadian Unity Council (Manitoba), and the Belinda Stronach
Foundation. He also serves on the Honourary Council of the Royal
Winnipeg Ballet, as a member of the Board of the Canadian
Paralympic Foundation, and as Canadian Paralympic Foundation
Liaison Director to the board of directors of the Canadian
Paralympic Committee. He was awarded the 125th Anniversary of the
Confederation of Canada Medal in 1992 and the Queen Elizabeth II
Golden Jubilee Medal in 2002. About MID MID is a real estate
operating company focusing primarily on the ownership, leasing,
management, acquisition and development of a predominantly
industrial rental portfolio for Magna and its subsidiaries in North
America and Europe. MID also acquires land that it intends to
develop for mixed-use and residential projects. MID holds a
controlling interest in MEC, North America's number one owner and
operator of horse racetracks, based on revenue, and one of the
world's leading suppliers, via simulcasting, of live horse racing
content to the growing intertrack, off-track and account wagering
markets. DATASOURCE: MI Developments Inc. CONTACT: Richard J.
Smith, Executive Vice-President and Chief Financial Officer, at
(905) 726-7507
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