Mark Bronson Joins Board of Directors at the Beard Company
01 September 2009 - 2:30PM
PR Newswire (US)
OKLAHOMA CITY, Sept. 1 /PRNewswire-FirstCall/ -- The Beard Company
(OTC Bulletin Board: BRCO) today announced that Mark Bronson has
been appointed to the Company's Board of Directors. For the past
seven years, Mr. Bronson has served on the executive management
team at the Harvison Companies in Fort Worth, Texas, where he is
currently Chief Financial Officer. The Harvison Companies are a
privately-owned group of companies, one of which is the largest
outside shareholder in The Beard Company. He is responsible for
financial oversight activities involving over a dozen companies in
such diverse businesses as oil and gas, mining, renewable energy
initiatives, light manufacturing, retail sales, wholesale travel,
banking, agribusiness and real estate. Mr. Bronson also reviews new
business opportunities and supervises economic evaluation and due
diligence related to such opportunities. He presently serves as a
Director of several private companies and a Canadian company that
is in the process of listing on the TSX Venture Exchange. Prior to
joining the Harvison Companies, Mr. Bronson owned and operated a
number of his own businesses for 12 years. He also served as a
part-time CFO for a retailer, developed training materials for a
publishing company, was an adjunct professor at the Graduate School
of Business at Texas Christian University (TCU), and negotiated the
sale of businesses for two clients. A Certified Public Accountant,
Mr. Bronson, began his business career in 1972 with Arthur Andersen
in Omaha, Nebraska. He relocated to Fort Worth, Texas when he was
admitted to the partnership at Arthur Andersen, where he focused on
closely-held businesses in a wide variety of industries. In
addition to his public accounting experience, Mr. Bronson has
served as Controller and Chief Accounting Officer for two
publicly-traded companies - Lone Star Technologies (steel
manufacturing and banking) and FFP Operating Partners (multi-state
operator of convenience stores). Mr. Bronson earned his B.A. degree
in Economics from the University of Nebraska and his M.B.A. degree
from Michigan State University. "We are delighted that Mark Bronson
has agreed to join our Board of Directors," stated Herb Mee, Jr.,
Beard's President. "The Harvison Companies have been a tremendous
supporter of The Beard Company, and we are confident that Mark's
financial and accounting expertise will play an important role in
support of the turnaround that we believe is underway at our
Company." About The Beard Company The Beard Company creates,
acquires, and/or invests in businesses, primarily related to
natural resources, that management believes have high growth and/or
above-average profit potential and can enhance shareholder value.
The Company is involved in oil and gas activities; coal reclamation
activities; and minerals exploration and development through its
Geohedral investment. The Company is headquartered in Oklahoma City
and its common stock trades on the OTC Bulletin Board under the
symbol "BRCO". Forward-Looking Statements This document may include
statements that constitute "forward-looking" statements, usually
containing the words "believe", "estimate", "project", "expect",
"anticipate", or similar expressions. Forward-looking statements
inherently involve risks and uncertainties that could cause actual
results to differ materially from the forward-looking statements.
Factors that could cause or contribute to such differences include,
but are not limited to, the ability to negotiate and execute
contracts in connection with the Company's coal reclamation
activities; future trends in commodities prices; financial,
geological or mechanical difficulties affecting Geohedral's or
Beard Dilworth's planned geological work programs; uncertainties
surrounding estimates of mineralized material; and other risks
associated with the Company's business. By making these
forward-looking statements, Beard undertakes no obligation to
update these statements for revisions or changes in the future. For
Additional Information, Please Contact: Herb Mee, Jr., President,
at (405) 842-2333 or via email at or RJ Falkner & Company,
Inc., Investor Relations Counsel, at (800) 377-9893 or via email at
DATASOURCE: The Beard Company CONTACT: Herb Mee, Jr., President of
The Beard Company, +1-405-842-2333, ; or Investor Relations
Counsel, RJ Falkner & Company, Inc., 1-800-377-9893, , for The
Beard Company
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