Silverleaf Resorts, Inc. (NasdaqCM: SVLF) today announced that
its Board of Directors has elected Harry J. White, Jr. as Silverleaf's
Chief Financial Officer, effective immediately. Mr. White, who has been
with Silverleaf since 1998, previously served as the Company's Chief
Financial Officer from June 1998 until February 2008 when he
relinquished that position to focus on other financial duties for the
Company. He most recently served as Vice President – Treasurer. Mr.
White succeeds Robert M. Sinnott, who resigned as the Company's Chief
Financial Officer, effective January 8, 2010.
Robert E. Mead, Chairman and Chief Executive Officer of Silverleaf
Resorts, Inc., commented, "We are pleased to announce Harry White's
appointment as Chief Financial Officer. Because of his long tenure with
the Company in various senior accounting and financial positions, we
believe he will have a seamless transition in his return as our CFO. In
addition, I would like to thank Bob Sinnott for his service to
Silverleaf and wish him the best in his future endeavors."
About Silverleaf Resorts
Based in Dallas, Texas, Silverleaf Resorts, Inc. currently owns and
operates timeshare resorts with a wide array of country club-like
amenities, such as golf, clubhouses, swimming, tennis, boating, and many
organized activities for children and adults. For additional
information, please visit www.silverleafresorts.com.
Forward-Looking Statements
This release contains certain forward-looking statements that involve
risks and uncertainties and actual results may differ materially from
those anticipated. The Company is subject to specific risks associated
with the timeshare industry, the regulatory environment, and various
economic factors. These risks and others are more fully discussed under
the heading "Risk Factors" in the Company's reports filed with the
Securities and Exchange Commission, including the Company's 2008 Annual
Report on Form 10-K filed on March 10, 2009.
For more information or to visit our website, click here: http://www.b2i.us/irpass.asp?BzID=1358&Nav=0&S=0&L=1.
Silverleaf Resorts, Inc., Dallas
Thomas J. Morris, 214-631-1166
x2212
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