CAPE CORAL, Fla., Dec. 23, 2010 /PRNewswire-FirstCall/ -- Tigrent
Inc. (OTC Bulletin Board: TIGE) announced that it has appointed
Steven C. Barre to serve as its
Chief Executive Officer effective December
22, 2010. Mr. Barre has served as Interim Chief
Executive Officer of Tigrent since March
2010. Mr. Barre has been on the Board of Directors of
the Company since February 2008, and
was the Company's Lead Independent Director from June 2008 to March
2010. He has also served on the Company's Audit and
Compensation Committees.
Murray A. Indick, Tigrent's
Chairman, said, "On behalf of Tigrent, I thank Steve for the
extraordinary efforts he and his team have put forth as we address
the challenges facing the company. I am confident that Steve
will continue to bring the same leadership and focus he has
exhibited thus far."
Mr. Barre stated, "I thank the Board of Directors for their
expression of confidence and support, and I look forward to
continuing the difficult work we have begun in restructuring the
business."
Prior to joining Tigrent, Mr. Barre was Senior Vice President,
General Counsel and Secretary of Jacuzzi Brands, Inc. (a New York
Stock Exchange company with annual revenues in excess of
$1 billion) from September 2001 until February 2007, when the company was sold. Earlier
in his career, he served in various roles as in-house counsel for
Jacuzzi Brands, Inc. (known as U.S. Industries, Inc. from 1995 to
2003) and for its former parent company, the U.S. arm of Hanson PLC
(a large British-American industrial management company). Prior to
joining Hanson, he was a corporate attorney with the law firm of
Weil, Gotshal & Manges. Mr. Barre graduated from Cornell University in 1981 and Columbia Law School
in 1984.
About Tigrent Inc.
Tigrent Inc. (OTC Bulletin Board: TIGE) is a provider of
educational training seminars, conferences and services across
multiple delivery channels that help students become financially
literate. The company provides students with comprehensive
instruction and mentoring in real estate and financial instruments
investing, personal finance, and entrepreneurism in the United States, United Kingdom, and Canada. Additional information can be found at
www.tigrent.com.
SOURCE Tigrent Inc.
