Business
American Resources Announces Appointment of Financial Industry Executive, Michael Layman to Board of Directors
FISHERS, IN / ACCESSWIRE / July 20, 2020 / American Resources Corporation (NASDAQ:AREC) ("American Resources" or the "Company"), a supplier of raw materials
About this update from American Resources Corporation
[{"type":"text","content":"FISHERS, IN / ACCESSWIRE / July 20, 2020 / American Resources Corporation (NASDAQ:AREC) (\"American Resources\" or the \"Company\"), a supplier of raw materials to the rapidly growing global infrastructure marketplace, today announced the appointment of Michael Layman to its Board of Directors as an Independent Director.Mark Jensen, Chairman and CEO of American Resources Corporation commented, \"We are thrilled to welcome Michael as a member to our Board of Directors as well as a recent significant shareholder of the Company. We believe that his drive to build value for companies, well-established network within the financial markets and expertise he has amassed over the course of his career will be invaluable as we continue to execute on our objectives and work to unlock the full potential of the Company.\"Mr. Layman is a well-established financial industry executive with a track record for driving value and growth for both private and publicly traded companies. Mr. Layman currently serves as General Partner/CEO of Emerald Shoals Targeted Opportunities Fund LP, a hybrid growth fund backed by a network of ultra-high net worth individuals seeking novel opportunities to invest in high-growth catalyst driven companies. Prior to his current role at Emerald Shoals, Mr. Layman served at a large top-four brokerage house where he was co-owner of a private wealth management group where he was responsible for identifying attractive and undervalued investment opportunities. Additionally, he also aided in the development and implementation of various investment strategies based on differing types of needs from conservative to aggressive growth. Additionally, Mr. Layman previously worked for a private equity fund in New York where he established a strong network of relationships with research analysts and investment bankers at a number of Wall Street firms. Mr. Layman obtained his Bachelor of Arts degree in business from Otterbein University.\"I believe American Resources has tremendous potential as an industry leader. The management team has continued to show their commitment to organic growth and unprecedented innovation within the industry. With the potential I believe this Company will disrupt the industry and drive significant value, alongside the management team's vision and expertise, joining the Board was an opportunity I couldn't pa...