Investview Announces Appointment of J. Randy MacDonald as President
DRAPER, Utah, May 15, 2012 /PRNewswire/ -- Investview, Inc. (formerly Global Investor Services, Inc.) (OTCBB: GISV) & (OTCQB: GISV) ("Investview") – Dr. Joseph J. Louro, Chairman and Chief Executive Officer has named J. Randy MacDonald as President. Mr. MacDonald will also assume the duties of Chief Financial Officer. Randy MacDonald was most recently global head of retail at MF Global. From 2000 to 2006 Mr. MacDonald led financial operations at TD Ameritrade as Chief Financial Officer and Treasurer and played a key role in leading TD Ameritrade in its consolidation efforts. From 2006 to 2007 he served as Chief Operating Officer of TD Ameritrade, responsible for all operations, technology and administration functions, including brokerage operations, project management, human resources and real estate. Prior to joining TD Ameritrade, Mr. MacDonald was Chief Financial Officer of Investment Technology Group, Inc. a specialized agency brokerage and technology firm. From 1989 to 1994, he was a vice president and group manager for Salomon Brothers. Earlier in his career, he was an audit senior manager at Deloitte & Touche focused on commercial banking, real estate joint ventures and financial services. He began his career at Ernst & Young performing financial audits with a focus on international operations. Mr. MacDonald was a Director at GFI Group (GFIG) from 2006 to 2008, and was chairman of the compensation committee and a member of the audit committee.
Mr. MacDonald said, "Having worked for a number of very successful leaders and companies I consider Dr. Louro to possess the vision and leadership attributes I have seen from the very best leaders I have collaborated with. There are three major reasons I consider Dr. Louro and Investview a great opportunity. First, Dr. Louro has executed an historical turn-around of Investview in only three quarters by trimming overhead and significantly de-levering the historical debt and extending the remaining debt. Second, Investview has superior investor education, tools and algorithms which promote investors to take more responsibility for their financial health. Third, I share Dr. Louro's vision that, with recent consolidation of Options Express and Think or Swim, there is a major opportunity to service self-directed investors seeking education and actionable ideas."
Dr. Louro commented, "I am gratified that an innovator and builder of financial services businesses for the last 30 years would validate our strategy, culture, and vision by joining Investview. This is a validation that the execution of our turn-around and the quality of our people, products and business model have re-positioned us to move to the next level."
About Investview, Inc:
Investview, Inc. (Formerly known as Global Investor Services, Inc.) provides and delivers a comprehensive online program of investor education, offers proprietary investor search tools and trading indicators, distributes weekly newsletters and offers access to live weekly Trading Rooms at www.investview.com.
For more information, please contact:
Investview, Inc.
(801) 889-1800
www.gisvonline.com
Forward-Looking Statements
Certain statements contained in this press release may constitute "forward-looking statements." Forward-looking statements provide current expectations of future events based on certain assumptions and include any statement that does not directly relate to any historical or current fact. Actual results may differ materially from those indicated by such forward-looking statements as a result of various important factors as disclosed in our filings with the Securities and Exchange Commission located at their website (http://www.sec.gov). In addition to these factors, actual future performance, outcomes, and results may differ materially because of more general factors. The forward-looking statements included in this press release represent the Company's views as of the date of this press release and these views could change. However, while the Company may elect to update these forward-looking statements at some point in the future, the Company specifically disclaims any obligation to do so. These forward-looking statements should not be relied upon as representing the Company's views as of any date subsequent to the date of the press release.
SOURCE Investview, Inc.
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