PRINCETON, N.J., Aug. 18, 2016 /PRNewswire/ -- AMREP Corporation
(NYSE: AXR) today announced that Robert
Wisniewski has been appointed as Executive Vice President
and Chief Financial Officer of AMREP effective as of November 1, 2016. Clifford Martin, currently Vice President and
Chief Financial Officer of AMREP, will become Treasurer of the
Company and Chief Financial Officer of its Palm Coast Data LLC
subsidiary as of November 1,
2016.
"I know Bob well and have worked closely with him in the past,"
said Edward B. Cloues, II, Chairman of AMREP. "He
possesses strong finance and accounting skills, is an executive of
the highest integrity, and has a proven record of public company
leadership in the finance area. Bob will be a great asset to
AMREP as we strive to build the Company," said Mr. Cloues. "We
thank Cliff for stepping in as Chief Financial Officer of AMREP
during the past few months and look forward to his return to his
former positions as Treasurer of the Company and Chief Financial
Officer of Palm Coast Data LLC."
Prior to being appointed Executive Vice President and Chief
Financial Officer of the Company, Mr. Wisniewski held senior level
accounting and finance positions at various Coperion entities,
which manufacture process and material handling equipment and
systems and are subsidiaries of Hillenbrand, Inc., a New York Stock
Exchange listed company, and at K-Tron International, Inc., a
NASDAQ Global Market company, which was acquired by Hillenbrand in
2010. Mr. Wisniewski served as the Senior Vice President and
Chief Financial Officer of K-Tron. He holds a B.S. degree in
Economics from the Wharton School of the University of Pennsylvania and is a certified
public accountant who spent 11 years at Ernst & Whinney (now
Ernst & Young) earlier in his career.
About AMREP – AMREP Corporation, through its
subsidiaries, is primarily engaged in two business segments:
its Fulfillment Services business operated by Palm Coast Data LLC
and its affiliates provides subscription fulfillment, contact
center and related services to publishers, membership
organizations, government agencies and others, and its Real Estate
business operated by AMREP Southwest Inc. and its subsidiaries is a
major holder of real estate in the Rio
Rancho, New Mexico area.
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SOURCE AMREP Corporation