Second Street Capital, Inc. (CTON:PK) is pleased to announce the election of two Independent Directors
November 05 2012 - 3:36PM
OTC Markets
Immediate
Release
Fort Lauderdale, Florida
November
5, 2012
Mr. Kyle
Meyer, CEO of Second Street Capital, Inc. (“SSCI”) is pleased to announce
the appointment and acceptance of Mr. Bill Albers and Mr. David
McCain to the Board of Directors of SSCI as Independent
Directors.
Mr.
Meyer expressed, “We have spent considerable time and effort
looking for the most qualified individuals to join our
Board. It is
critically important to the success of SSCI to engage Directors
with complementary talents to our existing organization that can
help guide us to execute our business plan most
effectively. David and
Bill are of the highest professional and ethical caliber and all of
us at SSCI look forward to working with each of them.”
In 2008,
Mr. Albers and Mr. McCain co-founded MPKA, LLC. The firm
provides merger and acquisition services, operational consulting,
debt restructuring, strategic planning, capital formation, capital
sourcing and financial services advice to the homebuilding industry
and to entities seeking to invest in homebuilding.
Mr.
Albers background has focused on Real Estate, Finance, and
Homebuilding including serving as the Chief Financial Office for
Centex Homes. During
the 19 years prior to joining Centex Homes, Bill gained financial
and strategic planning experience while serving as the Chief
Financial Officer of Computer City and the Vice President of
Business Development at Pizza Hut International. Mr. Albers earned his Bachelor of
Science in Economics from the Wharton School of University of
Pennsylvania.
Mr.
McCain comes from a successful career in homebuilding as General
Counsel and Vice President of Lennar Corporation and,
President and Chief Executive Officer of Lennar Financial
Services. Prior to his
tenure with Lennar served over an eleven year period as Vice
President, General Counsel and Secretary of John Alden Asset
Management Company, the investment advisor subsidiary of John Alden
Life Insurance Company. Mr.
McCain is a graduate of Brown University and the University of
Miami School of Law.
Second
Street Capital, Inc, (“SSCI”)
www.secondstreetcap.com
Second
Street Capital, Inc. is all about entrepreneurs working with
entrepreneurs. We operate as a specialty finance company making
revenue participation loans and preferred equity investments
secured by real estate. We also make and manage investments in
qualified real estate related assets as both a principal and on
behalf of certain institutional clients.
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