Articles & News from CharlesEdwards

CharlesEdwards Corporate Parent Appoints WalMart Former COO to Advisory Board
09-18-2006 12:47 am

WalMart former COO, Jim Haworth, is appointed to the Charles M. Edwards Company, Inc. Advisory Board

NEWPORT BEACH, CA  (September 18, 2006) - Continuing its practice of drawing industry's top talent, CharlesEdwards today announced that Jim Haworth, former Chief Operating Officer of WALMART and current President and CEO of Lotus Super Centers has joined the company's Advisory Board.

In addition to serving as the President and Chief Executive Officer of China's third largest retailer, Lotus Super Centers, where his goal is to make Lotus the largest retailer operating in that region, Mr. Haworth is also the President and Chief Executive Officer of investment holding company and Hong Kong Stock Exchange listed Chia Tai Enterprises International Limited.

Lotus Super Centers and Chia Tai Enterprises International are companies of the Chia Tai Group (also known as Thai anchored Charoen Pokphand Group or CP Group), one of Asia's largest and most prominent business conglomerates with interests in numerous vertically integrated businesses, including food products, petrochemicals, retailing (over 3,000 stores), fiber optics, telecommunications, biotechnology, financial services, cable television, and multimedia and entertainment.  CP Group is one of the oldest and the single largest foreign investor in China.

Mr. Haworth spent more than twenty years at Bentonville headquartered WALMART Stores, Inc. starting as an assistant manager trainee before rising throught the ranks first to Chief Operating Officer of SAM'S CLUB and then to his final position of Executive Vice President, Chief Operating Officer of WALMART Stores.  In the role of COO, he had direct responsibility for more than 3,100 WALMART Stores and Supercenters until he left the company in December 2004.

Jim Haworth noted, "I'm excited by the opportunities that lie ahead for CharlesEdwards and the contributions I will make to help it become the "broker of choice" in the life settlement market."

"Jim's two decades of experience successfully building a Fortune No. 1 and No. 2 ranked company by marketing to the heartland of America is exactly the type of guidance the company needs as it reaches out to senior aged low-to-mid net worth individuals across the United States," said Steven Tartaglini, Chairman and Chief Executive Officer of CharlesEdwards. "Jim is the latest addition to the Advisory Board that is being comprised of best in class professionals in industry.  In a separate announcement on August 28th, Dr. John Rutledge , noted economic advisor to two U.S. Presidents with regular appearances on Forbes on Fox and Cavuto on Business also joined the company's Advisory Board.

 

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About CharlesEdwards

 

CharlesEdwards, a premier broker in the life settlement market, is the trusted name in life settlements.  Headquartered in Newport Beach, California, CharlesEdwards represents policy owners in the preparation, submission, and negotiation of all offers received in connection with the sale of their life insurance policies. Policies with face values between $250,000 and $100 million are considered for representation.

 

CharlesEdwards is a member of the Life Insurance Settlement Association (www.lisassociation.org)  and fully supports its mission to promote the development, integrity and reputation of the life settlement industry and to promote a competitive market for the people it serves.

 

 For more information about CharlesEdwards, call toll free 800.492.5186 or visit us at www.charlesmedwards.com.

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