Business
Twin Vee PowerCats Co.'s Board of Directors Appoints Kevin Schuyler as Newest Director
FORT PIERCE, FL / ACCESSWIRE / July 7, 2022 / Twin Vee PowerCats Co. (Nasdaq:VEEE) ("Twin Vee" or the "Company"), a designer, manufacturer, distributor, and
About this update from Twin Vee Powercats Co.
[{"type":"text","content":"FORT PIERCE, FL / ACCESSWIRE / July 7, 2022 / Twin Vee PowerCats Co. (Nasdaq:VEEE) (\"Twin Vee\" or the \"Company\"), a designer, manufacturer, distributor, and marketer of power sport catamaran boats, today announced that Kevin Schuyler was appointed to its Board of Directors on July 6, 2022. He replaces Steven Shallcross, who stepped down on June 30th.Mr. Schuyler currently serves as a senior managing director at CornerStone Partners, a full-service institutional CIO and investment office located in Charlottesville, VA, with approximately $10 billion under management that provides outsourced Chief Investment Officer and investment office (OCIO) services to a select group of not-for-profit organizations. Prior to joining CornerStone Partners in 2006, he held various positions with McKinsey & Company, Louis Dreyfus Corporation and The Nature Conservancy. Mr. Schuyler is the Vice Chairman of the board of directors and Lead Independent Director of Adial Pharmaceuticals, Inc. (NASDAQ:ADIL), a clinical-stage biopharmaceutical company focused on developing therapies for the treatment and prevention of addiction and related disorders, where he has served as a director since April 2016.Twin Vee President and CEO Joseph Visconti said, \"We are pleased to welcome Kevin to Twin Vee's Board of Directors. The other board members and I had several conversations with him and expect Kevin's experience in the financial industry will be an asset to the Board of Directors and the Company. We look forward to working closely to create long-term and sustainable value for our shareholders.\"\"I'm excited to join Twin Vee's board,\" Schuyler said. \"I believe the Company has a solid portfolio of power catamarans, possesses an established brand in the marine industry, and its innovative subsidiary company, Forza X1, is manufacturing fully integrated electric boats. I'm eager to work and collaborate with management and fellow board members.\"Mr. Schuyler also serves on boards and committees of Sentara Martha Jefferson Hospital, the US Endowment for Forestry and Communities, and Stone Barns Center. He is a member of the investment committee of the Margaret A. Cargill Philanthropies and a member of the Chartered Financial Analyst Society of Washington DC. Schuyler graduated with honors from Harvard College and received an MBA from the Darden Graduate Scho...