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  • Chanticleer Holdings, Inc. (HOTR) Taps Into Highly Experienced Management Team To Execute International Expansion Goals 0 comments
    Mar 28, 2013 2:40 PM | about stocks: HOTR

    In 2009, Chanticleer Holdings launched an aggressive international expansion campaign to take Hooters abroad, establishing one Hooters restaurant in South Africa each year in 2009, 2010, and 2011. In 2012, the company accelerated its campaign and opened three new locations, one in Australia, one in South Africa, and one in Europe. Looking ahead, management expects to ramp-up expansion and open four stores by year-end 2013. Chanticleer is led by a management team with a diverse line-up of industry experience that will support this ardent roll-out strategy.

    Chanticleer CEO Michael Pruitt is a long-time entrepreneur with keen knowledge on how to evaluate potential investments, form key relationships, and recognize a strong management team. His background includes founding Avenel Financial Group, a boutique financial services firm, and Avenel Ventures, an innovative technology investment and business development company. His track record includes the ability to generate significant revenue growth and help public and private companies raise capital, structure and recruit an efficient management team, and prepare companies for the public market or sale.

    Alex Hemingway serves as director of Chanticleer Europe where he utilizes his domestic and international executive management experience and leverages his past successes in the Central European QSR industry. Hemingway also founded and served as the director of the Fast Food Association of Hungary.

    A sound financial strategy is imperative to Chanticleer's international achievements, and the company taps into the expertise of its CFO Eric Lederer to ensure financial stability and success. Lederer previously was the Controller of PokerTek, Inc. (NASDAQ: PTEK), where he was responsible for day-to-day accounting functions and preparing SEC filings.

    Amber Harrison serves as Chanticleer's corporate counsel, bringing to the table a strong legal background with experience in federal law, torts, and contract disputes, employment law, complex business litigation, contract law, anti-trust, mergers & acquisitions, and corporate law.

    Chanticleer's accountant/corporate secretary Michelle Arcidiacono has an MBA from Winthrop University and is a member of the South Carolina Association of Public Accountants. Prior experience includes serving as accounting manager for a real estate development company and as a staff accountant for a local CPA firm which she specialized in corporate taxation.

    Matthew Miller serves Chanticleer as co-portfolio manager. Miller graduated with honors from Coastal Carolina University where he earned a bachelor degree in business administration with a concentration in finance, and was a member of the distinguished Wall Fellows Program. In 2004, he was named a Financial Executives International Scholar. His background includes prospecting efforts for the Pyle/Cunningham Investment Consulting Group and employment with Hennecke GmbH in Sankt Augustin in Germany.

    Co-portfolio manager Joseph T. Koster has worked with Chanticleer since 2005. He is a Magna Cum Laude graduate of Coastal Carolina University and holds a bachelor's degree in business administration with a concentration in finance. He was a member of the Beta Gamma Sigma International Honor Society and the Wall Fellows Program at CCU.

    For more information, visit www.chanticleerholdings.com

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    Stocks: HOTR
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