The Company has established an industry experienced management
team whose responsibilities include day to day corporate and technical
operations as well as long range planning and implementation.
Paul Gillease, Chairman
Mr. Gillease joined the Company's board of directors in August 2006. Mr. Gillease retired from DuPont as Vice President of the Nylon Division in 1993, where he oversaw an acquisition from Imperial Chemical Industries, PLC, a United Kingdom-based public company. Prior to this, Mr. Gillease served as Vice President and General Manager of DuPont Textiles, where he was responsible for "Lycra, Nylon, Dacron, Orlon" operations, managing annual revenues of approximately $4 billion with 23 manufacturing sites, 14 of which are located outside the United States. In addition, among positions held during his 32-year employment with DuPont, he represented DuPont on several foreign joint venture boards, served as a business director of DuPont's Dacron Fiber Division, and served as a Director of Corporate Marketing, Specialty Products, Fabrics and Finishes. After DuPont, Mr. Gillease served as a consultant board member to Guildford Mills, Inc., Galey & Lord and Pillowtex/Fieldcrest Cannon, all of which are New York Stock Exchange-listed companies. Mr. Gillease has also recently served as a board advisor to Joann Fabrics and American Textile, both privately held companies. Mr. Gillease received a B.S. in Economics from St. Peter's College, New Jersey, and an MBA from Seton Hall University.
George Kazantzis, President, Secretary and Director
Mr. Kazantzis brings extensive operating and entrepreneurial experience
to his position as Chief Operating Officer and Director, responsible
for Envirokare administration and operations. In 1989 Mr. Kazantzis,
with other Partners and in conjunction with Merrill Lynch Inter-Funding,
acquired and built Pacific Outlook Co., Inc., one of the largest
sportswear and licensing companies in the United States. Mr. Kazantzis
later acquired two of the Pacific Outlook divisions, Offshore California,
Inc., a California life style sportswear brand, and Team Gear USA,
an athletic brand, which successfully marketed World Cup USA94 and
Soccer USA licensed products. From 1998 to 2002 he was the Managing
Director of SLC Leasing Company. Ltd., at that time the largest
privately held car-leasing (hire-purchase) company in Thailand.
In conjunction with the law firm of Tilleke & Gibbins and Grant
Thornton-Thailand, Mr. Kazantzis successfully funded and restructured
SLC as a litigation-proof entity before conveying it to a group
of creditors and investors. During the 1980s he was a principal
in a real estate division of Cumberland Investment Group, a New
York financial investment firm specializing in real estate and private
equity transactions. He joined Envirokare in July 2002 as Executive
Vice President.
Louis F. Savelli, Director
Mr. Savelli joined the Company's board in September 2005 and became our Chief Executive Officer in October 2006. Mr. Savelli brings extensive executive experience developed in the polymer products industry to our Board, which he achieved primarily with E. I. DuPont de Nemours and Company ("DuPont"). He was assigned to marketing in 1963, and worked in technical services, sales and market development. He became district manager for Teflon in Los Angeles in 1969, and from there progressed through a number of management positions, including an assignment in the Corporate Plans Division, working on virtually every product group in DuPont's Polymer Products Division. In 1989, he was appointed Division Director for the Finishes Division, DuPont's business group that is responsible for the supply of paints and finishes to the automotive original equipment manufacturer market and after-markets. Mr. Savelli was appointed Vice President and General Manager in 1991. He was appointed Group Vice President in 1999, and retired in 2001.
Steve Pappas, Director
Mr. Pappas was previously President and a director of the Company
and served in that capacity until October 1, 2003. He continues
to serve as Director. Mr. Pappas has over thirty years of entrepreneurial,
corporate executive, real estate management and development experience,
most recently, from July 1988 to the present, as Managing General
Partner of SPL Associates ("SPL") based in Brooklyn, New
York. SPL has acquired and manages numerous large-scale residential
and commercial real estate holdings in New York. Mr. Pappas was
the founder and President of Servco Leasing Corporation from 1970
to 1980, during which time it became the largest third-party leasing
company for Xerox equipment. Mr. Steve Pappas and Dr. Nicholas Pappas,
the Company's Chairman, are not related.
Dr. Walter V. Gerasimowicz, Director
Dr. Gerasimowicz is currently Chairman and CEO of Meditron Asset
Management, LLC., a private equity and high-net-worth investor management
firm. Until recently he headed Lehman Brothers Advisory Services
and was Chief Investment Strategist for high-net-worth investors
in Lehman' Private Client Services Division. As a Senior Vice-President
he was responsible for portfolio allocation, construction, rebalancing,
risk-management and performance attribution. Prior to Lehman Brothers,
Dr. Gerasimowicz was Head of the International Portfolio Advisory
Group at J. P. Morgan where he pioneered state of the art risk management
techniques. Before joining J.P Morgan he worked as a Senior Scientist
for the USDA, and the Naval Research Laboratories (NLR) in Washington,
D.C. where he specialized in multiple-quantum nuclear magnetic resonance
and solid-state thermodynamic research.
Dr. Gerasimowicz has B.S. in Chemistry from Ursinus College, MS
and Ph. D degrees in Physical Chemistry from Villanova University
and an MBA in Finance from Wharton School of the University of Pennsylvania.
Douglas Davidian, Director
Mr. Davidian has over twenty-three years experience in the business furnishings industry and presently owns and operates three successful businesses that design, manufacture and develop furniture for various end-use applications across a broad range of industries. He is a multiple award recipient of furniture industry acknowledgements in the State of California and his businesses have ranked in the top 100 of the fastest growing privately held companies in America (1990). His business acumen, development skills and community contributions have been recognized by organizations within California on a regular basis over the past fifteen years. He serves and has served in an active capacity on numerous regionally-based business and community boards and committees.
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