Michael Haynes joins Heritage Auctions as CFO

DALLAS, Dec. 8, 2014 /PRNewswire/ -- Heritage Auctions has announced that longtime industry veteran Michael Haynes has joined the company as Chief Financial Officer.

Haynes has served as an executive officer in both private and publicly traded companies in the collectibles, precious metals and specialty retail businesses over the years and brings his background and experience in many of Heritage's 39 auction categories along with deep experience in finance and operations of companies in the collecting space.

In his most recent role in a public company, Haynes was the Chief Executive Officer of Collectors Universe, the leading authenticator and grading service for collectible coins, sports cards, autographs and memorabilia. He had previously served as President of Heritage (1974 to 1990), President of A-Mark Precious Metals (now a public company) and, more recently, as CEO of the privately held American Precious Metals Exchange (APMEX).

"It's a pleasure to rejoin this team of highly successful senior leaders and category experts at Heritage," said Haynes. "This team has already demonstrated its ability to grow the size and scope of the company. I believe continuing opportunities for prudent growth abound as we combine our talents and strengths."

"Michael has an important background in building businesses and related corporate financial systems," said Heritage Co-Chairman James Halperin, "and we expect that his contribution to the Heritage enterprise will further improve our company's results."

Haynes holds a Master's Degree in Business and is a Certified Public Accountant. He was also awarded the designation of Masters Professional Director from The American College of Corporate Directors.

"With the addition of Michael to our senior leadership, Heritage is executing plans for our next level of responsible business expansion," said Heritage CEO and Co-Chair Steve Ivy. "Our mission, however, remains unchanged: to be the world's most trusted and efficient marketplace and information resource for owners of fine art, jewels, rare collectibles, and other precious objects."

Heritage Auctions is the largest auction house founded in the United States and the world's third largest, with annual sales of more than $900  million, and 850,000+ online bidder members. For more information about Heritage Auctions, and to join and receive access to a complete record of prices realized, with full-color, enlargeable photos of each lot, please visit HA.com.

Want to get the up-to-the-minute updates and breaking news stories about Heritage Auctions? Get them as they happen at: HA.com/Twitter; Facebook: HA.com/Facebook. To view a complete archive of Heritage press releases go to: HA.com/PR. To link to this press release on your blog or Website: www.HA.com/PR-2222.

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SOURCE Heritage Auctions

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