Appointment of Martin Scholz as Chief Executive Officer and
Stéphane Boivin as Chief Operating Officer and a member of the Board
MONTREAL, May 24, 2017 /CNW Telbec/ - ROI Land Investments (OTCMKTS: ROII) ("ROI" or the "Company") today announced changes in the Company's leadership. Effective today, Martin Scholz has been appointed Chief Executive Officer, and Stéphane Boivin has been appointed Chief Operating Officer of the Company and a member of the board. Dr. Sami Chaouch has resigned from the position he had held since April 2016.
Stéphane Boivin, COO, has over 20 years' project development experience working with investors, plant managers, builders and architects. Having worked on various projects from luxury hotels to commercial and residential buildings to industrial and telecom infrastructures, including 22 office buildings in Brazil, Columbia, Mexico, the United States and Canada, Mr. Boivin will lend his senior leadership skills to all the projects ROI develops around the world.
"I've been involved in building ROI for several years, and I am honoured to assume the position of Chief Executive Officer. I am also pleased to welcome Stéphane Boivin as Chief Operating Officer. He is a seasoned professional engineer who has a proven track record in project development around the world as well as real estate financial engineering," said Martin Scholz, CEO. "ROI has a sound business model, and there are significant opportunities for us to grow into a successful global business. On behalf of the board of directors, I want to thank Dr. Chaouch for his contribution to the development of the company over the last few years."
"ROI Land Investments represents a great opportunity for a passionate, disciplined, experienced and highly motivated real estate development project executive," added Stéphane Boivin, COO. "I am confident that we can grow this company and bring it to the next level."
Sébastien Cliche has made significant contributions to ROI throughout its career with the company, and, as its President, he will continue to help develop ROI's presence in the market and identify good land investment opportunities.
Martin Scholz, Sébastien Cliche and Stéphane Boivin are the directors of ROI's board.
About ROI Land Investments Ltd.
ROI Land Investments (ROI) participates in the early stages of real estate development. The Company acquires raw land free of zoning restrictions in locations positioned to benefit from unique economic catalysts. ROI also manages the permitting process, oversees the construction of infrastructure and works closely with established developers to bring projects to completion. The Company has projects underway in North America and the UAE. www.roilandinvestments.com
SAFE HARBOR AND INFORMATIONAL STATEMENT
This press release may contain forward-looking information, including all statements that are not statements of historical fact regarding the intent, belief or current expectations of the company, its directors or its officers with respect to, among other things: (i) the company's financing plans; (ii) trends affecting the company's financial conditions or results of operations; (iii) the company's growth strategy and operating strategy; and (iv) the declaration and payment of dividends.
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SOURCE ROI Land Investments, Ltd.
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