BankAtlantic Names Mark Begelman Executive Vice President and Chief Marketing Officer; Former President and Chief Operating Officer of Office Depot Joins Executive Team at Florida's Most Convenient Bank.FORT LAUDERDALE Fort Lauderdale (lô`dərdāl), residential, commercial, and resort city (1990 pop. 149,377), seat of Broward co., SE Fla., on the Atlantic coast; settled around a fort built (c.1837) in the Seminole War, inc. 1911. , Fla. -- BankAtlantic, Florida's Most Convenient Bank, today announced that Mark Begelman, former President and Chief Operating Officer Chief Operating Officer (COO) The officer of a firm responsible for day-to-day management, usually the president or an executive vice-president. for Office Depot Office Depot (NYSE: ODP) is one of the world's leading suppliers of office products and services. The Company's selection of brand name office supplies includes business machines, computers, computer software and office furniture, while its business services encompass copying, and founder/former Chief Executive Officer of Mars Music Mars Music was a now defunct chain of music stores based in Florida. The company was founded in 1996 by former Office Depot president Mark Begelman, who created the store chain to combine his love of music with a new business venture. , has been named Executive Vice President and Chief Marketing Officer. Begelman will be responsible for all aspects of BankAtlantic's marketing and advertising strategies and will also manage new store real estate and construction efforts. Begelman has more than 30 years of executive experience, and was twice named Ernst and Young's "Entrepreneur of the Year" and Financial News' CEO (1) (Chief Executive Officer) The highest individual in command of an organization. Typically the president of the company, the CEO reports to the Chairman of the Board. of the Year. Most notably, as President and Chief Operating Officer of Office Depot, April 1991 through May 1995, he grew the company's store base from 127 to 467 stores and increased revenue from $900 million to $4.5 billion in four years. In addition, Begelman served as Founder and CEO of Mars Music, December 1995 through October 2002, opening 52 musical instrument superstores This is a list of superstores by country. Multi-national
"BankAtlantic continues to attract top-level executives from business and industry as we move forward with our Florida's Most Convenient Bank strategy. We are fortunate to have someone of vision like Mark Begelman on the BankAtlantic team," said Alan B. Levan, BankAtlantic's Chairman and CEO. "Mark brings an extensive background in retail operations to BankAtlantic, particularly in both new store operations and in marketing for competitive retail environments. His proven skills and experience in management and marketing will certainly be an asset to BankAtlantic as we continue our strategic growth across Florida." About BankAtlantic Bancorp: BankAtlantic Bancorp (NYSE NYSE See: New York Stock Exchange :BBX BBX Business Basic Extended BBX Business Barter Exchange BBX Blue Bell, Pennsylvania (Airport Code) BBX Blockbuster Express (UK video store) ) is a diversified financial The diversified financial services segment includes a range of consumer and commercially-oriented companies offering a wide variety of products and services, including various lending products (such as home equity loans and credit cards), insurance, and securities and investment services holding company and the parent company of BankAtlantic and Ryan Beck & Co. Through these subsidiaries, BankAtlantic Bancorp provides a full line of products and services encompassing consumer and commercial banking, brokerage and investment banking. About BankAtlantic: BankAtlantic, "Florida's Most Convenient Bank," is one of the largest financial institutions headquartered in Florida and provides a comprehensive offering of banking services and products via its broad network of community stores and its online banking division - BankAtlantic.com. BankAtlantic has 78 stores and operates more than 200 conveniently located ATMs. BankAtlantic is open 7 days a week and offers holiday hours, extended weekday hours, including several stores open until midnight, Totally Free Online Banking & Bill Pay, 24/7 Customer Service Center, Totally Free Change Exchange coin counters and free retail and business checking with a free gift. About Ryan Beck & Co.: Founded in 1946, Ryan Beck & Co., Inc. provides financial advice and innovative solutions to individuals, institutions and corporate clients through the activities of approximately 1,100 employees in 39 offices located in 14 states. For individual investors, the firm's Private Client Group provides a full range of financial services The examples and perspective in this article or section may not represent a worldwide view of the subject. Please [ improve this article] or discuss the issue on the talk page. , including investment consulting, retirement plans, insurance and investment advisory services advisory services advisory services provided to the public, in their capacity as owners and managers of animals, are an important part of veterinary science. They may be provided by government bureaux, by commercial companies who deal in pharmaceuticals or animals or animal . Institutional clients benefit from the market making, underwriting Underwriting 1. The process by which investment bankers raise investment capital from investors on behalf of corporations and governments that are issuing securities (both equity and debt). 2. The process of issuing insurance policies. and distribution activities of the firm's experienced Capital Markets Group, which encompasses equity and fixed income trading and institutional sales as well as research. Through its Investment Banking Groups, Ryan Beck raises capital and provides financial advisory services to financial institutions, middle market companies and municipalities. For further information, please visit our websites: http://www.BankAtlanticBancorp.com http://www.BankAtlantic.com http://www.RyanBeck.com To receive future BankAtlantic Bancorp news releases or announcements directly via Email, please click on the Email Broadcast Sign Up button on our website: http://www.BankAtlanticBancorp.com. BankAtlantic, "Florida's Most Convenient Bank," Contact Info: Public Relations: Hattie Hess, Vice President, Public Relations Telephone: (954) 940-6383, Fax: (954) 940-6310 Email: hhess@BankAtlantic.com Public Relations for BankAtlantic: Boardroom Communications Caren Berg Phone: (954) 370-8999, Fax: (954) 370-8892 Email: caren@boardroompr.com BankAtlantic Bancorp Contact Info: Donna Rouzeau, Assistant Vice President, Investor Relations & Corporate Communications Email: CorpComm@BankAtlanticBancorp.com Leo Hinkley, Senior Vice President, Investor Relations Email: InvestorRelations@BankAtlanticBancorp.com Phone: (954) 940-5300, Fax: (954) 940-5320 Mailing Address: BankAtlantic Bancorp, Investor Relations 2100 West Cypress Creek Road, Fort Lauderdale, FL 33309 Matters discussed in this press release may contain forward-looking statements forward-looking statement A projected financial statement based on management expectations. A forward-looking statement involves risks with regard to the accuracy of assumptions underlying the projections. within the meaning of the Private Securities Litigation Reform Act The Private Securities Litigation Reform Act of 1995 (PSLRA) implemented several significant substantive changes affecting certain cases brought under the federal securities laws, including changes related to pleading, discovery, liability, class representation and awards fees and of 1995. When used in this release, the word "expect" and similar expressions identify certain of such forward-looking statements. Actual performance or achievements could differ materially from those contemplated, expressed, or implied by the forward-looking statements contained herein. In addition to the risks and factors identified above, reference is also made to other risks and factors detailed in reports filed by the Company with the Securities and Exchange Commission. The Company cautions that the foregoing factors are not exclusive. |
|
||||||||||||||
Printer friendly
Cite/link
Email
Feedback
Reader Opinion