Bexil Announces Appointment of George C. Hawkins, III as Chief Executive Officer of Bexil American Mortgage Inc.
May 29 2013 - 5:28PM
Marketwired
Bexil Corporation (PINKSHEETS: BXLC) announced today the
appointment of George C. Hawkins, III as Chief Executive Officer of
its majority owned subsidiary, Bexil American Mortgage Inc.
Mr. Hawkins is a highly accomplished executive with extensive
financial, operational, and business management experience. He most
recently served as Executive Vice President and Chief Operating
Officer of Bexil American Mortgage. Mr. Hawkins joined Bexil
American Mortgage in December 2012 as part of its acquisition of
Castle Mortgage Corporation, where he has served as Chief Executive
Officer. Mr. Hawkins began his career in the mortgage banking
business in 1971.
Thomas Winmill, President and CEO of Bexil Corporation said "I
couldn't be more pleased. George brings strong passion, experience,
and integrity to his work. He is an ideal leader for Bexil American
Mortgage."
About Bexil American Mortgage and Castle
Mortgage Corporation
Bexil American Mortgage, together with its subsidiary Castle
Mortgage, is engaged in originating, pooling, securitizing, and
servicing residential mortgages, with licenses in over 24 states.
As an approved seller and servicer with Fannie Mae, Freddie Mac,
and Ginnie Mae, Castle Mortgage is also servicing loans in 14
states, including California and Washington. Our executive team has
over 200 years of experience in all phases of mortgage banking. For
more information, please visit www.bexilamerican.com.
About Bexil Corporation
Bexil is a holding company engaged through subsidiaries in
investment management, securities trading, and mortgage banking.
Bexil subsidiary Bexil Advisers LLC is investment manager to
Dividend and Income Fund, a closed end fund (NYSE: DNI) (NAV:
XDNIX). Bexil American Mortgage Inc. is engaged in residential
mortgage banking, including origination and servicing. To learn
more about Bexil, including Rule 15c2-11 information, please visit
www.bexil.com.
Safe Harbor Note
This release contains certain "forward looking statements" made
pursuant to the "safe harbor" provisions of the Private Securities
Litigation Reform Act of 1995. These statements involve known and
unknown risks, uncertainties and other factors, many of which are
beyond the control of Bexil Corporation, which may cause the
company's actual results to be materially different from those
expressed or implied by such statements. The forward looking
statements made herein are only made as of the date of this
release, and the company undertakes no obligation to publicly
update such forward looking statements to reflect subsequent events
or circumstances.
Contact: Thomas B. Winmill Chief Executive Officer
1-212-785-0400, ext. 222 Email Contact www.bexil.com
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