Sitestar Corporation Names Jeremy K. Deal as an Independent Director, and as Chair of the Governance, Compensation, and Nomination Committee
April 05, 2018 at 02:01 am IST
Share
Sitestar Corporation announced that the Board of Directors unanimously appointed Jeremy K. Deal as an independent director. Mr. Deal will also serve as chair of the Governance, Compensation, and Nomination Committee. Mr. Deal was appointed by the Board at its meeting on March 29, 2018 and the appointment was effective on March 29, 2018. Mr. Deal is the founder and chief investment officer for JDP Capital Management. He manages a value-based hedge fund that invests in undervalued publicly traded companies that are out-of-favor, distressed, or undergoing a significant growth transition. Prior to launching JDP Capital Management, Mr. Deal worked in private equity and co-founded two companies in the wireless home security and hotel energy management industries.
Enterprise Diversified, Inc. is focused primarily on financial products and services. The Company operates through four segments: Asset Management Operations, Real Estate Operations, Internet Operations and Other Operations. Asset Management Operations segment includes activities from various joint ventures, service offerings and initiatives undertaken in the asset management industry. Real Estate Operations segment includes activities related to the management of legacy properties held for investment and held for resale through EDI Real Estate located in Roanoke, Virginia, and its equity in Mt Melrose, LLC, which managed properties held for investment and held for resale located in Lexington, Kentucky. Internet Operations segment activities related to its sale of Internet access, hosting, storage and other ancillary services. Other Operations segment include corporate operations and nonrecurring or one-time strategic funding or similar other activity.