The Company Has Concluded Their Executive Search for CFO and Has Hired Kevin Elder as New CFO/COO
LAS VEGAS, NEVADA, USA, September 9, 2015
Marani Brands (OTC Pink: MRIB) CEO Margrit Eyraud announced today the company has concluded its search for the Chief Financial Officer position and appointed Kevin Elder to the post.
Mr. Elder has a long and distinguished career in commercial banking and finance. He spent over 31 years in retail and commercial banking with local, regional and national financial institutions. Underwritten over 400M in commercial loans, he has gained a good knowledge and background of many industries. He has a well- diversified background in executive management, public reporting, business development, commercial banking and corporate finance. In addition, Mr. Elder has assisted start-up and private companies to obtain more than $90 million in funding putting together strong management teams over the last 20 years in many different industries.
He also served as the Chief Financial Officer for several publicly traded companies, StereoVision, (OTCBB:SVSN) and Bio-Matrix Scientific Group Inc. (Pink Sheets:BMXG), where his duties entailed financial reporting, business development and corporate finance. He was successful in over $8M in equity capital raises between the two companies. Mr. Elder was the Executive Vice President and Chief Financial Officer for Secure Resolutions Inc., a private software company, which he co-founded in 2001 and consisted of the former McAfee ASP team. His duties there included financial management, reporting and planning as well as investor relations and fundraising. During his tenure with Secure Resolutions, he assisted the company in raising over $7M for product growth and operating capital.
Mr. Kevin Elder was also a financial consultant, raising capital in the form of debt or equity, and assisting to restructure businesses to run more efficiently. He has always been active in the community serving on boards such as; Boys and Girls Club, Rotary, The Nevada Revolving Loan Fund, Boy Scouts, Big Brothers and other organizations over the years. Margrit Eyraud stated, “Mr. Elder’s background is a good mix for our company. He brings a wealth of experience in business development, financial development and public reporting to Marani Brands. We are extremely pleased to have his expertise, skills and participation at this crucial growth stage in the business.
Marani Brands, Inc.