Keweenaw Land Association, Limited (Pink Sheets: KEWL) is pleased to
announce that the Board of Directors has elected Brian Glodowski,
President of the Company, to the additional position of Chief Executive
Officer, succeeding David Ayer who will continue as the non-executive
Chairman of the Board. Mr. Glodowski has been with Keweenaw for over 20
years and has served as President of the Company since 2012. He
previously oversaw the development and implementation of the log sales
and marketing program until 2005, and then assumed responsibilities for
the timber and land acquisition efforts prior to his promotion as
Manager of Operations in 2011. Mr. Glodowski is an active member of the
timberland industry, having been recently appointed to the Executive
Committee of the Michigan Forest Products Council and will be serving on
the Board of Directors for the National Association of Forestland
Owners, based in Washington DC, beginning in 2015. Mr. Glodowski also
serves on the Board of Directors for the Ironwood Industrial Development
Corporation.
Mr. Ayer commented: "Brian brings outstanding management skills to
Keweenaw, together with strategic and thorough understanding of the
timberland industry. The Board looks forward to working together with
Brian to continue Keweenaw's sound and sustained forest management
principles that have resulted in increased value for our shareholders."
Further information concerning Keweenaw and operating results are
available on the Company’s website at www.keweenaw.com.
About Keweenaw Land Association, Limited: Keweenaw is a forest products
and land management company located in Ironwood, Michigan. Keweenaw has
land holdings of approximately 168,000 surface acres and over 400,000
acres of mineral rights, located predominantly in the western Upper
Peninsula of Michigan. Keweenaw shares trade in the OTC Markets under
the Pink directory with 1,295,533 shares outstanding.
Copyright Business Wire 2014