NEWS!!!!
James Monroe Capital Appointing New President and CEO
Monday February 19, 3:59 pm ET
CHICAGO--(BUSINESS WIRE)--James Monroe Capital Corporation (Pink Sheets:JMCP - News) has announced that it is in the process of appointing a new company president and CEO, Frank Love.
All current officers and independent contractors of James Monroe Capital will remain involved with the company. Mr. Love is excited about the projects that James Monroe Capital presently has, and has been in talks with numerous other parties about possible new business to bring to the shareholders.
Principal shareholder Taylor Moffitt said, "After talking with several top notch candidates, Chris McGovern and I feel that Frank Love is in the best possible position to represent our interests as shareholders, and bring value to the table. He has enthusiasm, energy, and has been in talks regarding a handful of deals that Chris and I are very excited about. He agrees with our position of 'no reverse stock splits' and cares about both his reputation and the long-term interests of his shareholders.
CEO Chris McGovern commented, "This is an amazing opportunity to see James Monroe Capital moving forward into a bright future. I believe that Frank Love has the integrity and the determination see growth come to fruition. He is committed to the interests of all long-term shareholders and believes in our vision of the company's future."
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