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Damon Nelson Selected as Executive Vice-President & Director of the Dallas Operations Office of Hilton Head Properties, Inc.


DALLAS -- Hilton Head Properties announced today it has named Damon Nelson Executive Vice-President to fill the position vacated by Chase Fonteno last week, when he accepted the position of Hilton Head's President.

"In the 15 years I have known Damon, I have never met anyone with as much enthusiastic drive and entrepreneurial spirit," acknowledged Chase Fonteno, President. "In addition to being resolute res·o·lute  
adj.
Firm or determined; unwavering.



[Middle English, dissolved, dissolute, from Latin resol
 and swift in resolving problems, he is also meticulous as to the details of every project he takes on. I believe his considerable successes as the President and 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 several companies and his business acumen will be a great addition to our executive staff."

Nate Volk, Chairman, added, "Damon is well liked and respected by the entire staff and partners. He has a cohesive manner, yet is unwavering in demanding quality and profitability. He is a great fit in rounding out the company's executive staff."

"I was so intrigued by what I was hearing about Hilton Head's unique program of real estate investments and affordable housing initiatives that I worked with the company for several months as an unpaid consultant - I was sold," stated Damon Nelson. "I am thrilled about being requested to be a part of this company's stellar growth."

Damon Nelson has both a Bachelor of Science Noun 1. Bachelor of Science - a bachelor's degree in science
BS, SB

bachelor's degree, baccalaureate - an academic degree conferred on someone who has successfully completed undergraduate studies
 in Mechanical Engineering and an MBA MBA
abbr.
Master of Business Administration

Noun 1. MBA - a master's degree in business
Master in Business, Master in Business Administration
 from Texas A&M University. Mr. Nelson worked for Associated Air Center and American Int'l Manufacturing prior to building several businesses, including 10 years as owner of Boulevard Auto Rentals, and a long-term franchise owner of Rent-a-Wreck.

Company Information

Hilton Head Properties is a privately held multi-disciplined real estate investment firm specializing in the acquisition and owner-financed sale of single family residential housing and long-term investment in multifamily projects nationwide. Currently Hilton Head has offices in Houston and Dallas, Texas “Dallas” redirects here. For other uses, see Dallas (disambiguation).
The City of Dallas (pronounced [ˈdæl.əs] or [ˈdæl.
. Hilton Head makes home ownership available to buyers without using any governmental programs or assistance, by assisting individuals to purchase sub-par homes with little cash down, where the buyers are required to do their own home repairs.

The statements made in this press release that are not historical fact are "forward-looking" statements which are based on current expectations that include a number of risks and uncertainties. This release is not made for the purpose of promoting any investment. 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.
 in this news release, if any, are made under the Safe Harbor Safe Harbor

1. A legal provision to reduce or eliminate liability as long as good faith is demonstrated.

2. A form of shark repellent implemented by a target company acquiring a business that is so poorly regulated that the target itself is less attractive.
 provisions 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 and are not a solicitation.
COPYRIGHT 2005 Business Wire
No portion of this article can be reproduced without the express written permission from the copyright holder.
Copyright 2005, Gale Group. All rights reserved. Gale Group is a Thomson Corporation Company.

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Publication:Business Wire
Date:May 10, 2005
Words:405
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