ATLANTA, GA--(Marketwired - Mar 14, 2014) - Sibling Group Holdings, Inc. (OTC Pink: SIBE) (PINKSHEETS: SIBE) (www.siblinggroup.com) (the "Company") announced today that it has appointed Ms. Maurine Findley as its new Chief Financial Officer (CFO). Ms. Findley will also be joining the Sibling Group Board of Directors, and will be driving strategic planning, as well as leading the Company through her role in accounting and finance.
Ms. Findley is a seasoned finance and accounting executive, with over 30 years of experience, primarily in the education industry, including strategy, implementation and operating roles with roll-up and investment portfolio companies, both public and private. She has played a critical role in creating successful merger and acquisition strategies to build highly successful education operations.
"We are very excited about the addition of Ms. Findley, as she brings exactly the kind of strategic and operational experience we need as we build out our education businesses," said Mr. Dave Saba, President of Sibling. "We have a pipeline of quality acquisition prospects in both educational technologies and educational management operations from Pre-K through higher education and corporate and career all of which Ms. Findley has had exposure to in her career."
Among her qualifications, she has:
- Specialization in operational and financial system and process development for newly acquired and green field campuses in proprietary post-secondary education with particular attention to compliance with Department of Education regulations and sound accounting processes;
- Over eighteen years of experience in high growth, for-profit education, including development of accounting and reporting systems, integration of acquired entities processes and procedures, systems implementations, budgeting and management of student accounts and Title IV administration;
- Experience in all facets of fiscal and campus operations including academics, student affairs, financial aid, business office, regulatory compliance, investor relations, and accrediting body relationships
- Experienced in all aspects of financial management including foreign currency translations and consolidations, SEC reporting, internal reporting, budgeting and variance reporting, cash management and treasury
Most recently she was CFO for Education Management, Inc., an equity backed education company operating seven diploma and degree granting campuses located in Louisiana, Mississippi and Arkansas, with programs in Allied Health, Massage Therapy and Cosmetology. Immediately before that situation she was the CFO for Tall Oak Learning, LLC, an equity backed company investigating post-secondary education acquisition targets and opportunities throughout southwest United States, including the acquisition of Southern Careers Institute, a seven campus system specializing in Allied Health and Cosmetology. Prior to that she held senior management and Board Member positions in a number of higher education and related educational operations groups including a nine years as Controller, then Treasurer for Corinthian Colleges. During that period Corinthian experienced a 500% growth in revenues. She has also held senior finance positions in publicly traded manufacturing and software development situations.
Her educational background includes a BS in Economics from the University of California, Irvine, where she graduated Magna cum Laude, and graduate studies at University of California, Irvine and Utah State University, Logan, Utah. She began her accounting career at KPMG Peat Marwick.
Sibling Group Holdings, Inc. (OTC Pink: SIBE) (PINKSHEETS: SIBE) (www.siblinggroup.com) intends to acquire, on a global basis, advanced technology and education management operations in order to enhance and accelerate the delivery of 21st century learning. By accessing funding from the public capital markets and melding them into a unified strategy, Sibling seeks to accelerate the improvement of education across the globe. The results: better educated children and adults, a sustainable and cost effective instructional model and reduced dependence on governmental funding. Our current operations include professional development for the teaching profession and educational technology offerings including classroom management tools. We are investing in specialized curriculum such as STEM (science, technology, engineering and math), ESL (English as a second language), SEL (social and emotional learning) and Special Ed aimed at supporting students and teachers with special needs. The Company's educational operations are based in Columbus, Ohio, and the executive offices are in Atlanta, Georgia.
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 Group Holdings, Inc. is subject to risks detailed from time to time in its publicly filed documents available at www.sec.gov. Sibling 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.