Posted 九月 11, 2015
Sep 14, 2015. /Lesprom Network/. Keweenaw Land Association, Limited announced that the Board of Directors has authorized an expansion of the Board of Directors from 6 members to 7, effective immediately, and the appointment of James A. Mai, Chief Investment Officer of Cornwall Capital, to the Company’s Board of Directors for a term ending in 2018.
Cornwall Capital is the largest single shareholder in Keweenaw with approximately 26% of the outstanding shares.
James A. Mai is the Chief Investment Officer of Cornwall Capital, a New York-based multi-strategy investment firm he founded in 2002.
Keweenaw Land Association, Limited is a forest products and land management company located in Ironwood, Michigan. Keweenaw has land holdings of approximately 168,000 surface acres and over 400,000 acres of mineral rights, located predominantly in the western Upper Peninsula of Michigan.