Sitestar Corporation Appoints Rodney E. Lake as Chief Operating Officer and Corporate Secretary
November 09, 2016 at 06:02 am
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On November 1, 2016, Sitestar Corporation appointed Rodney E. Lake as Chief Operating Officer and Corporate Secretary of company. In his capacity as Chief Operating Officer, Mr. Lake will serve as the company's new principal operating officer. Mr. Lake, age 40, is the founder and Chief Investment Officer of The Benval Group LLC. Founded in October 2012, The Benval Group provides consulting services to growing companies, and works to partner with its clients regarding resource and capital allocation, strategy, analysis and research.
Enterprise Diversified, Inc. is focused primarily on financial products and services. The Company operates through four segments: Asset Management Operations, Real Estate Operations, Internet Operations and Other Operations. Asset Management Operations segment includes activities from various joint ventures, service offerings and initiatives undertaken in the asset management industry. Real Estate Operations segment includes activities related to the management of legacy properties held for investment and held for resale through EDI Real Estate located in Roanoke, Virginia, and its equity in Mt Melrose, LLC, which managed properties held for investment and held for resale located in Lexington, Kentucky. Internet Operations segment activities related to its sale of Internet access, hosting, storage and other ancillary services. Other Operations segment include corporate operations and nonrecurring or one-time strategic funding or similar other activity.