Zoomaway Travel Inc. (CVE:ZMA) appointed Robert A. Cashell Sr. to the board of directors on Monday.
The company further announced that Altaf (Aly) Nazerali has resigned from the board.
Cashell’s business career has spanned nearly 50 years primarily in the gaming industry. In 1967, he began his gaming career when he and four friends bought Bill & Effie’s truck stop located just west of Reno, Nev. He personally managed the growth of the company, now known as Boomtown, and completed a master plan for the hotel and casino development. He sold his interest in 1988.
He later served as chairman of the board of Cashell Enterprises, a hotel casino management company, and owned, operated or managed numerous gaming properties including the Alamo Travel Plaza and the Topaz Lodge.
Cashell is one of Nevada’s best known business and public figures having served on the University of Nevada System of Higher Education board of regents. Following his term as a university regent, he was elected lieutenant governor for the state of Nevada in 1982.
Working together with then-governor Richard Bryan, they created both the Nevada Commission on Economic Development and the Nevada Commission on Tourism. Cashell subsequently served as chairman of both commissions. Cashell was the mayor of the city of Reno from 2002 to 2014.
“In 1996, Mr. Nazerali co-founded Multivision Communications Corp., ZoomAway’s former entity, and, from the same date, became the president and chief executive officer. Aly has been instrumental in the company’s development throughout this time, and key to the financing and management of the company’s new business and vision,” said Jerry Grafstein, QC, chairman of Zoomaway.
“We appreciate his continuation in the role as an independent adviser to Zoomaway,” Grafstein added.
Story by ProactiveInvestors