Myriad Appoints EVP of Finance
MARCH 14, 2007. Myriad Entertainment and Resorts, Inc., a Delaware corporation (OTCBB: MYRA), today announced that it has appointed Robert M. Leahy as its Executive Vice President of Finance. Prior to joining Myriad, Mr. Leahy served as vice president and director of Process Improvement and Reengineering for Kerzner International Resorts, Atlantis Resort and Casino.
Mr. Leahy, a successful business leader with more than 20 years of financial experience, will continue to develop and execute financial strategies to support the Company's new business plan, which focuses Myriad's current efforts and resources on the development of the Myriad Botanical Resort in Tunica County, Mississippi.
"As we continue our efforts to develop a $1.6 billion world-class, destination resort, we recognize the importance of tapping seasoned professionals from the resort and gaming industries to join the Myriad team," stated John Meeske, CEO of Myriad Entertainment & Resorts, Inc. "Rob's impressive track record with Kerzner, his extensive expertise in core business functions including finance, information technology, process improvement and re-engineering, and his deep understanding of the industry will bring important experience and innovation to our financial operation."
Throughout his career, Mr. Leahy has effectively built and led development and redesign teams, rolling out policies and procedures designed to maximize corporate efficiencies and customer satisfaction. In 1997, he joined Kerzner International Resorts, Atlantis Resort and Casino, located in Plantation, Florida as an IT Decision Support System Manager and Decision Support System Analyst. Upon being promoted to Director of Accounting and Director of Operational Analyses in 1998, he managed financial reporting, accounts payable, accounts receivable, payroll and operational projects. In 1999, he was promoted to Vice President of Finance - Atlantis Resort & Casino; he structured, managed and developed a department of 105 full-time employees, including general ledger, accounts payable, accounts receivable, payroll, cost control and receiving; managed revenue of $375 million and earnings before interest, tax, depreciation and amortization of $130 million. From 2001 to 2006, Mr. Leahy served as Vice President and Director of Process Improvement and Reengineering leading key corporate improvement projects including Sarbanes-Oxley Compliance for IT, Business Infrastructure Process Improvement (telecommunications), and a Customer Relationship Management System (CRM) selection project.
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