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Industrial Services Of America, Inc. Announces New Board Members

Stocks in this article: IDSA

Industrial Services of America, Inc. (NASDAQ: IDSA), a company that buys, processes and markets ferrous and non-ferrous metals and other recyclable commodities for domestic users and export markets and offers programs and equipment to help businesses manage waste, today announces the appointment of Timothy J. Hazlett and David T. Russell, Ph.D. to the Board of Directors. The Company has increased its Board size from five to seven Members.

Mr. Hazlett, an attorney, has experience with public companies. He has a J.D. from the Georgetown University Law Center, an M.A. of European Economic Studies from the University of Exeter, England and a B.A. in General Business Administration from Michigan State University. He has held various top management positions with a multinational company, including that of Vice-President, Secretary and Corporate General Counsel of Brown & Williamson Tobacco Corporation (a subsidiary of British American Tobacco, PLC). Presently, Mr. Hazlett is President and Director of Brown & Williamson Holdings, Inc. and President and Director of British American Tobacco (Brands), Inc. He also is the founder of Hazlett Corporate Counsel, PLLC.

Dr. Russell has vast experience in the financial and risk management arenas. He has a Ph.D. in risk management and an M.A. in Applied Economics from the Wharton School of Business, University of Pennsylvania. Dr. Russell also holds an A.B. in Economics from Amherst College. He has held various positions in risk management and finance during his career. Presently, Dr. Russell is Associate Professor of Insurance and Finance and Director of the Center for Risk and Insurance at California State University, Northridge. Previously, he served as Director of the University’s Family Business Center.

Harry Kletter, founder and Chairman of ISA states, “We have added two new members with complementary skills and experience to our existing Board. Their vast knowledge and business experience will help grow our Company to new levels. We are very fortunate to be able to add people with their experience to our Board and we appreciate their desire to make ISA a bigger and more profitable company.”

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