Steve Staehr Named Chief Financial Officer of H3Enterprises
Thursday September 21, 9:48 am ET
LAS VEGAS, Sept. 21 /PRNewswire-FirstCall/ -- CPA Steven R. Staehr has been named chief financial officer of H3Enterprises Inc. (OTC: HTRE - News) company CEO Jackie Robinson said today.
"Steve Staehr provides us with the battle-tested experience needed to keep H3Enterprises on a steady financial course. His exemplary work with publicly traded companies -- and particularly those involved directly in the entertainment and gaming industries -- gives our shareholders a proven financial commodity in the areas that matter most to our company," Robinson said.
Staehr brings a distinguished financial management background in the gaming, tourism and entertainment industries. A certified public accountant licensed to practice in Nevada and California, Staehr will be responsible for handling all aspects of financial accounting and SEC reporting for H3Enterprises. He joins H3Enterprises from Cash Systems Inc., where he served as corporate controller for the $100 million company that provides cash services for the gaming industry. He coordinated the relocation of the company's headquarters from Minneapolis to Las Vegas, and will put these skills to use on H3Enterprises' move from New York City to Las Vegas, as well.
Prior to Cash Systems, Staehr spent six years as vice president and CFO for Encore Productions, a full-service entertainment production company. During his tenure, revenues increased more than 70 percent. He negotiated contracts with major Las Vegas hotels and Fortune 500 companies and managed the mergers and acquisitions of many new businesses.
Staehr's early career was spent as corporate controller/internal auditor in the billion-dollar gaming industry for several top firms, including Mirage Resorts, Boyd Gaming, and Caesars World. During this period, he mastered the stringent requirements of both the SEC and GAAP and dealt regularly with the Nevada Gaming Control Board. He began his career at the accounting firm of Deloitte & Touche.
"H3Enterprises provides me with a wonderful opportunity to use all of my skill sets and financial expertise with a breakthrough company that truly has no limits," Staehr said. "My mission is to keep all of our businesses operating at maximum profitability and to follow the necessary protocols to bring H3Enterprises to the NASDAQ. Jackie has assembled an amazingly talented and dedicated crew that will make this job a truly rewarding experience. I look forward to meeting and surpassing all of the challenges that lie ahead of us."
About H3 Enterprises, Inc.
H3 Enterprises is a publicly traded company dedicated to the hip hop culture and lifestyle. H3 is committed to the positive growth of the entire community through business and educational opportunities. In less than a year, H3 Enterprises has created a business focused on feeding the worldwide demand for everything hip hop and maximizing returns for its shareholders. H3 Enterprises is the owner, creator, licensor, and franchiser of HipHopSodaShops, HipHopHeaven, Halls of HipHop, H3Raps, H3WhiteTea, H3Players.com, H3Merchandising, and H3Players' WorldSeries of CyberSports.
Safe Harbor: Certain information included herein may contain statements that are forward-looking, such as statements relating to plans for future expansion and other business development activities. Such forward-looking information is subject to changes and variations which are not reasonably predictable and which could significantly affect future results.
Source: H3Enterprises Inc.
Just my opinion...
