CHARLOTTE, NC, Nov. 02, 2022 (GLOBE NEWSWIRE) — LiveToBeHappy, Inc. (CAVR) (“LTBH” or the “Company”), a vertically integrated lifestyle services company focused on building brands that Improving Life, today announced the appointments of Christin McClave, Bona Allen, Xavier Grier and Joe Caprino to its Board of Directors.
In addition, the Company’s Board of Directors has accepted the resignation of Bob Silver as Chairman, Director and Chief Innovation Officer. Russell Sinacori, Director and Chief Operating Officer of LTBH, has been named the new Chairman of the Board, effective immediately.
“These accomplished leaders collectively bring diverse backgrounds to our Board as we move toward the next phase of the Company’s growth,” said Russell Sinacori, Chairman and COO of LTBH. “The addition of these four nominees will bolster our leadership team with greater breadth and depth, while ensuring that our board is first and foremost independent. Additionally, the establishment of our Audit and Compensation Committees further strengthens our corporate governance profile as we actively work towards an upward list.
“Bob Silver changed the course of the company when he spearheaded the company’s 2020 acquisition of Sinacori Builders. The company will continue to benefit from innovations and acquisitions he brought to the company such as GTA, Canary Travel, SOKU and DRIP. We are grateful for his contributions. As the company continues to grow and generate strong talent at the board level, Bob decided it was time for him to start a new venture in a different industry. He remains a strong supporter of LTBH and we are grateful for his contributions,” concluded Sinacori.
Christin McClave currently serves as Chief Growth Officer at AchieveNEXT and is an established advisor board member and coach. McClave also serves on a number of boards including the $3 billion global humanitarian mission WorldVision. Previously, she was Chief People Officer and Chief Operating Officer for a $1.2 billion global manufacturing giant with over 6,000 employees. McClave holds a CPD in Accounting and Finance from the Wharton School of Business and an MSM from the International Masters Program at Boston University in Brussels. Upon approval by a majority of voting shareholders, she will serve as Director and Chair of the Board’s Compensation Committee.
Bona Allen is currently senior vice president and chief financial officer of Kajima Building & Design Group, Inc., a $900+ million construction company. He is a CPA, NACD certified, and serves on the Advisory Board of the Atlanta Chapter of the CFO Leadership Council. Allen was recently recognized as one of the top 50 CFOs worldwide with an ICON award, which is given by nomination and voted on by peers. Upon approval by a majority of voting shareholders, he will serve as a director and chair the Audit Committee of the Board of Directors.
Xavier Grier is a commercial real estate agent and is currently President and CEO of Amped 4-A-Cure, Inc., an entertainment company focused on cancer research and early detection. Grier is known for his creativity, artistry and strategy. He is also an experienced creative director, designer, photographer, artist and well known in the music and entertainment industries. He has an extensive background in mortgages, real estate, and investing and logistics. Upon approval by a majority of voting shareholders, he will serve as Director and President of LTBH’s entertainment division.
Joe Caprino currently serves as a Director of Carpino Management and has over 20 years of private equity and venture capital experience. He has extensive experience in education, hospitality and real estate, having previously held senior sales, marketing and business development roles. Caprino’s expertise includes strong corporate leadership, creating strategic alliances and managing post-acquisition integrations. He holds a master’s degree from St. Bonaventure University and a BS in international management from the State University of New York at Fredonia. Upon approval by a majority of voting shareholders, he will serve as a director.
About LiveToBeHappy, Inc.
LiveToBeHappy, Inc. (CAVR) is a vertically integrated platform company focused on developing and building lifestyle brands. The firm acquires undervalued assets and manages a diversified portfolio of technology, education and real estate services companies. LTBH’s mission is to build life, not just places to live. Visit our website at for more information www.livetobehappy.com.
This press release contains forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. All statements contained in this press release that are not historical facts should be considered forward-looking statements, including statements containing the words “expect”, “intend”. ‘, ‘plan’, ‘believe’, ‘forecast’, ‘project’, ‘estimate’, ‘may’, ‘should’, ‘anticipate’ and similar forward-looking statements. These forward-looking statements are based on management’s current expectations. These statements are neither promises nor guarantees, but involve known and unknown risks, uncertainties and other important factors that could cause actual results, performance or achievements to differ materially from any future results, performance or achievements expressed by the forward-looking statements or are implied statements. Readers are cautioned not to place undue reliance on forward-looking statements, which speak only as of the date they are made. The Company undertakes no obligation to update or revise any forward-looking statement for any reason, except as required by law.
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