NEW YORK, Nov. 28, 2012 /PRNewswire/ -- Sibling Group Holdings, Inc. (OTCQB: SIBE) (the "Company"), a developer of 21st century teaching and learning solutions for the K-12 education market, announced the appointment of Mr. Neal Sessions as the new Chief Financial Officer, effective December 01, 2012.
Mr. Sessions will serve as the company's new CFO and assist in developing and strengthening financial and internal controls. He will also assist as a member of the audit committee, and will be instrumental in assisting the company for a higher exchange listing in the future.
Mr. Sessions is a senior executive with extensive experience in finance and management. He was awarded a bachelors degree in economics from Emory University, Atlanta, Georgia in 1985, and completed an MBA in Finance from the Goizueta School of Business, Emory University, Atlanta, Georgia, in 1987. He became a certified public accountant (CPA) in 1993. He is also an attorney having completed his JD at Georgia State University in 2002, and was admitted to practice in Georgia in 2004.
His career includes roles in accounting and internal audit with the Coca Cola Company from 1988 to 2001. From 2001 until 2012 he held a number of senior positions in finance with SunTrust Bank, Atlanta Georgia, including as Chief Financial Officer of their GenSpring Family Offices subsidiary. There he oversaw the financial interests of the high net worth advisory firm with approximately $20 billion of assets under management, 700 client families, 15 office locations, and 350 associates. He was responsible for all financial processes including profit improvement opportunities, development of business cases, operating plans and budgets, and financial management reporting. Reported to COO and served on GenSpring's Senior Management Team, Risk Committee, Valuation Committee, and Technology Approval Committee.
Gerald F. Sullivan, the Chairman of Sibling Group Holdings commented, "We are pleased to announce the appointment of Mr. Sessions to the position of Chief Financial Officer for Sibling Group Holdings. He will be a valuable asset in developing the company's internal financial controls to insure not only timely and accurate financial statements, but assisting us in our goal to list for a higher exchange."
"With the recent appointment of Dr. Honeycutt, and now Mr. Sessions as our new Chief Financial Officer, we feel we are putting together a seasoned and experienced team in both education, and business. The team being developed has strong experience and background in the education field, and corporate finance. These members will be key assets in executing the company's business, marketing, operations, and acquisition plans, and make Sibling Group Holdings a real player within the education technology industry."
About Sibling Group Holdings, Inc.
Sibling Group Holdings, Inc. (OTCQB:SIBE) utilizes advanced technology and education management to enhance and accelerate the delivery of 21st century learning using multiple teaching and learning modalities on a global basis. The mission will be accomplished by accessing funds from the public capital markets and melding them into a unified strategy that will help to accelerate the improvement of K-12 education across the globe. The desired result will be better educated children, a sustainable and cost effective teaching model, primarily for K-12 education, and reduced dependence on governmental funding. For a complete overview please visit the Company web site at: www.newco4education.com.
Safe Harbor: This press release may contain forward-looking statements that involve a number of risks and uncertainties and are made pursuant to the Safe Harbor Provisions of the Private Securities Litigation Reform Act of 1995. Sibling Entertainment Group Holdings, Inc. is subject to risks detailed from time to time in its publicly filed documents available at www.sec.gov. Sibling Entertainment Group Holdings, Inc. does not undertake to update any forward-looking statements that it may make to conform to actual results. All current and potential shareholders are asked to read all filings for the Company at the Securities and Exchange Commission web site, www.SEC.gov
SOURCE Sibling Group Holdings, Inc.