TSE Stock Symbol: GDC
CALGARY, July 16, 2012 /CNW/ - Genesis Land Development Corp. ("Genesis" or "the Corporation") (TSX:
GDC) announces today that Messrs Michael Brodsky and Sandy I. Poklar
have been appointed to the Board of Directors of Genesis.
Mr. Brodsky brings nearly 20 years of experience as an investor, manager
and attorney. He has extensive experience in investment in, and the
governance of public companies, as well as in corporate turnarounds and
restructurings. Mr. Brodsky holds a B.A. from Syracuse University, a
J.D. from the Northwestern University School of Law, and an M.B.A. from
Northwestern University's J.L. Kellogg Graduate School of Management.
He has served on the Board of Directors of Churchill Downs, Inc. and of
Youbet.com, Inc. where he was also its Chairman and CEO. He also serves
on the Board of Director of Selectica, Inc.
Mr. Poklar brings a wealth of knowledge to his new role. Mr. Poklar is
currently the Chief Operating Officers and Managing Director, Capital
Markets & Strategic Developments for Firm Capital Corporation. Prior to
joining Firm Capital, Mr. Poklar was employed by Macquarie Capital as a
Vice President in their Real Estate Investment Banking Group, TD
Securities where he worked as an Associate in their Real Estate
Investment Banking group and as an equity research associate analyst
covering the Canadian and US real estate sectors for Canaccord Adams.
Mr. Poklar is a Chartered Accountant and a graduate of the University
Annual General Meeting - the AGM has been set for 11 AM Calgary time on September 12, 2012.
It will be held in The Genesis Centre of Community Wellness, 7556
Falconridge Boulevard NE, Calgary, Alberta T3J 0C9.
Genesis is a Calgary based land development Corporation and residential
home builder with land holdings in Alberta and British Columbia. Its
active operations are located primarily in the Calgary metropolitan
SOURCE Genesis Land Development Corp.
For further information:
Jeff Blair, C.E.O., Genesis Land Development Corp.
Simon Fletcher, C.F.O, Genesis Land Development Corp.
Toll Free: (403) 265-8079, 1-800-341-7211, Fax: (403) 266-0746
E-Mail: firstname.lastname@example.org Internet: www.genesisland.com