International Assets Holding Corporation Names Robert Chesler As VP And Head Of Its Food Service Division
NEW YORK, Jan. 12, 2011 (GLOBE NEWSWIRE) -- International Assets Holding Corporation (INTL) (Nasdaq:INTL) today announced that it has named Robert Chesler as Vice President and head of its Food Service Division. Chesler replaces Tom Gaughan, who will continue to serve INTL FCStone in a consulting capacity, advising the firm and the Food Service Division on strategic initiatives, client relationships and business development.
Chesler has served as an account executive, broker and market analyst for more than six years since joining Downes-O'Neill, a part of INTL FCStone's Food Service Division. Prior to his tenure with Downes-O'Neill, Chesler was an independent trader in the financial markets, where he used his academic experience in political science and psychology to evaluate the markets and anticipate market moves.
Pete Anderson, President of INTL, said, "Rob's expertise and his insight into the emerging global economy, governmental actions and investor psychology provides our food industry customers with a unique perspective on mitigating risk of price fluctuations in meats and livestock, milk, cheese, butter, vegetable oils, grains and oilseeds, sugar, coffee and cocoa."Anderson added, "We are very gratified that Tom has agreed to continue serving INTL FCStone in a consulting role. His expertise and dedication has been absolutely invaluable in bringing our dairy brokerage business to the forefront of the industry, and in expanding our footprint to international markets." Chesler added, "INTL FCStone has gathered together a tremendous array of resources for our customers. I am looking forward to taking on my new role and introducing these resources to food industry participants worldwide." About International Assets Holding Corporation International Assets Holding Corporation (INTL) provides execution and advisory services in commodities, currencies and international securities. INTL's businesses, which include the commodities advisory and transaction execution firm FCStone Group, serve more than 10,000 commercial customers in more than 100 countries through a network of offices in eleven countries around the world. Further information on INTL is available at www.intlassets.com . Forward Looking Statements This press release includes forward-looking statements including statements regarding the combined company. All statements other than statements of current or historical fact contained in this press release are forward-looking statements. The words "believe," "expect," "anticipate," "should," "plan," "will," "may," "could," "intend," "estimate," "predict," "potential," "continue" or the negative of these terms and similar expressions, as they relate to International Assets Holding Corporation, are intended to identify forward-looking statements.
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