American Homestar Announces Election of an Additional Director.Business Editors HOUSTON--(BUSINESS WIRE)--Oct. 6, 2003 American Homestar Corporation today announced that Nathan P. Morton Nathan P. Morton (September 25,1948-November 30, 2005) is best known as a pioneer of the "big box" retail method. Born in Washington, DC, he grew up near Chicago, Illinois and attended the University of New York, graduating in 1970. , 55, has been elected to its Board, bringing the total number of directors to five. Mr. Morton currently serves on the Boards of Leverence, a Seattle-based technology company, and Starpower Home Entertainment, a Dallas-based retailer of custom audio and video systems. He is also President of Remote Light, Inc., a Dallas-based fiber optics fiber optics, transmission of digitized messages or information by light pulses along hair-thin glass fibers. Each fiber is surrounded by a cladding having a high index of refractance so that the light is internally reflected and travels the length of the fiber company. In the past, Mr. Morton has been Chief Executive Officer of CompUSA, Computer City, Buildnet and Open Environment Corporation. Prior to that, he was Senior Vice President of Operations for The Home Depot The Home Depot (NYSE: HD) is an American retailer of home improvement and construction products and services. Headquartered in Vinings, just outside Atlanta in unincorporated Cobb County, Georgia, Home Depot employs more than 355,000 people and operates 2,164 big-box and held various management posts for Two Guys Discount Department Stores This is a list of department stores. In the case of department store groups the location of the flagship store is given. This list does not include large specialist stores, which sometimes resemble department stores. and Target Stores. Regarding Mr. Morton's election, American Homestar President and Chief Executive Officer, Finis Teeter, said, "We are very pleased that Nathan has agreed to join our Board. His wealth of experience, especially that in the retail sector, should prove very valuable to us in the future." American Homestar is a Texas-based, regional producer and seller of factory-built HUD-code and modular homes Modular homes are houses that are divided into multiple modules or sections which are manufactured in a remote facility and then delivered to their intended site of use. The modules are assembled into a single residential building using either a crane or trucks. . The Company also finances, insures and transports its homes for its customers. For more information about the Company, visit its website at www.americanhomestar.com |
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