Appointment of Salomon Guggenheim as President and CEO
Thunderbird Resorts Inc. /
Appointment of Salomon Guggenheim as President and CEO
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PANAMA, REPUBLIC OF PANAMA--(Marketwire - January 7, 2013) - Thunderbird Resorts
Inc. ("Thunderbird" or "the Company") (FRANKFURT: 4TR) (EURONEXT: TBIRD) is
pleased to announce the following: Salomon Guggenheim was named President and
CEO of the Company and will retain his position as Chairman of the Board of
Directors. Mr. Guggenheim has worked closely with Management since 2002 when he
first joined the company as director. Peter LeSar, who was appointed interim CEO
and President in June 2012, will retain his position as CFO. By way of
background, Salomon Guggenheim joined Gutzwiller & Partner Ltd., Zurich, a
portfolio management company, where he was responsible for Investments and
Trading. In 1991, Mr. Guggenheim gained control over Gutzwiller & Partner from
E. Gutzwiller & Cie., Banquiers, Basle (a privately-held Swiss bank) together
with the senior management of Gutzwiller & Partner, through a management buy-out
and sold the company in 1997. Gutzwiller & Partner was renamed Rabo Investment
Management Ltd., where Mr. Guggenheim worked as a Managing Director until
December 2001. Since 2001 and up to 2012, he owned and operated his own company,
IC Day Trading Consulting Corp., a Swiss corporation focused on the advisement
of private individuals in portfolio management and daily trading activities in
different markets worldwide. Mr. Guggenheim was also the Chief Executive Officer
for Ecopowerstations Ltd., a Swiss corporation dealing with pollutant and
emission-free wind power stations and that tenure ended in 2011 when the company
was sold. Mr. Guggenheim currently serves in various companies as a board member
including LB Swiss Investment LTD, Zurich, which specializes in the management
of private label mutual funds, currently managing mutual funds with over $2
billion in assets (owned 100% by Frankfurter Bankgesellschaft (Swiss) Ltd.,
Zurich) and Simmen Wirth and Partners Inc, Zurich, a traditional Swiss
independent public relations company, which specializes in corporate
communications, investor relations and crisis management.
ABOUT THE COMPANY
We are an international provider of branded casino and hospitality services,
focused on markets in Asia and Latin America. Our mission is to "create
extraordinary experiences for our guests". Additional information about the
Group is available at www.thunderbirdresorts.com.
Cautionary Notice: This release contains certain forward-looking statements
within the meaning of the securities laws and regulations of various
international, federal, and state jurisdictions. All statements, other than
statements of historical fact, included herein, including without limitation,
statements regarding potential revenue and future plans and objectives of the
Group are forward-looking statements that involve risk and uncertainties. There
can be no assurances that such statements will prove to be accurate and actual
results could differ materially from those anticipated in such statements.
Important factors that could cause actual results to differ materially from the
Group's forward-looking statements include competitive pressures, unfavorable
changes in regulatory structures, and general risks associated with business,
all of which are disclosed under the heading "Risk Factors" and elsewhere in the
Group's documents filed from time-to-time with the AFM and other regulatory
authorities.
Contacts:
Thunderbird Resorts Inc.
Salomon Guggenheim
CEO & President
sguggenheim@thunderbirdresorts.com
www.thunderbirdresorts.com
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originality of the information contained therein.
Source: Thunderbird Resorts Inc. via Thomson Reuters ONE
[HUG#1668448]
