K-tel International Chairman & CEO Philip Kives Inducted Into Canadian Professional Sales Association ``Sales Hall of Fame''.Business Editors MINNEAPOLIS--(BUSINESS WIRE)--Nov. 19, 2002 Kives Recognized as "Pioneer of Innovation" Mr. Philip Kives, Chairman 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 K-tel International, Inc. (OTCBB OTCBB See OTC Bulletin Board (OTCBB). :KTEL) has been honored as one of the leading and most influential sales professionals by the Canadian Professional Sales Association (CPSA CPSA n abbr (BRIT) (= Civil and Public Services Association) → sindicato de funcionarios CPSA n abbr (Brit) (= Civil and Public Services Association) → ). This year the CPSA has inducted Mr. Kives into its Sales Hall of Fame along with other sales professionals who have built multi-million dollar companies and are leaders in their fields. The CPSA commented on inducting Mr. Kives and the three other inductees, "We feel privileged in honoring such a distinguished group of individuals who have been instrumental in enhancing the sales profession, and are pioneers of innovation, perseverance and success." Kives was recognized for using his sales skills and innovation to build K-tel International into a global leader in direct sales. The founder of K-tel was honored by CPSA because he is credited with inventing aggressive short-form direct response TV commercials and thus according to according to prep. 1. As stated or indicated by; on the authority of: according to historians. 2. In keeping with: according to instructions. 3. the CPSA "changing the face of advertising forever." Mr. Kives was inducted into the 2002 CPSA Sales Hall of Fame along with Denise Meehan, founder of Lick's Concepts, Inc., a $31 million per year hamburger and ice cream gourmet fast food chain; Ron Joyce Ron Joyce, CM (born 1930) is the Canadian multi-millionaire co-founder of the Tim Hortons donut chain. He was Tim Horton's partner and first franchisee. After being raised in Tatamagouche, Nova Scotia, Ronald Vaughan Joyce, enlisted in the Royal Canadian Navy and specialized , a major shareholder in US-based Wendy's hamburger chain and co-founder of Tim Horton's, Canada's largest coffee and fresh-baked goods chain with over 2,000 stores; and the post-humous inductee, Garfield Weston, owner of George Weston George Weston (March 23, 1864 - April 6, 1924) was an American-born businessman in Canada and a municipal politician in the city of Toronto, Ontario. Born in Oswego, New York, he was a small boy when his family moved to Canada, settling in the city of Toronto. Ltd., makers of Wonder (R) Bread and today one of the world's largest food processing Food processing is the set of methods and techniques used to transform raw ingredients into food for consumption by humans or animals. The food processing industry utilises these processes. and retail enterprises and Canada's largest corporate employer with $16 billion in assets. Kives commented on his induction, "I am honored to be recognized by the CPSA and to be inducted along with entrepreneurs who have shaped sales, marketing, and industry in Canada and throughout the world. At K-tel we have been innovating for over 35 years and we continue to stay true to this tradition today as we will in the future." About K-tel International, Inc. K-tel International, Inc. is a holding company with operating subsidiaries An operating subsidiary is a business term frequently used within the United States railroad industry. In the case of a railroad, it refers to a company that is a subsidiary but operates with its own identity and rolling stock. that develop, market and distribute music products to retailers, wholesalers, distributors, and licensees worldwide. For further information please contact: Investor Relations and Media: Ms. Laurel Moody at Vision Corporate Consulting at 212-446-6109 or laurel@visioncc.net or Company Contact: Mr. Dennis Ward, Chief Financial Officer at K-tel International, Inc. at 204-889-5430 or dward@k-tel.com |
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