Press Releases

Gulf Resources, Inc. Appoints New Independent Director

Published Nov 08th, 2007

Mr. Biagio Vignolo Brings 30 Years of Industry Experience in M&A, International Tax and Finance, as Well as SEC Reporting

 

LOS ANGELES and SHENZHEN, China, Nov. 8 /Xinhua-PRNewswire-FirstCall/ -- Gulf Resources, Inc. (the "Company") (OTC Bulletin Board: GUFR - News) a leading producer of Bromine in China, today announced the appointment of Mr. Biagio Vignolo as an independent board member.
 
Mr. Vignolo is a partner with Tatum, LLC, the largest executive services firm in the US, and has been with the company since 2005. His experience includes working with a $400 million public company where Mr. Vignolo helped to assess financial staffing, establish business issues and implement the 2007 budget. Biagio also served as CFO for Sara Lee's $5 billion Hanes Brands, Inc. division where he where he built a separate financial team for the new public company as it separated from Sara Lee and also implemented Sarbanes-Oxley controls. From 2003 through 2005, Mr. Vignolo was Executive Vice President and Chief Financial Officer at Exide Technologies. During his time there, he maintained overall financial responsibility for over 30 subsidiaries on six continents, planned Sarbanes-Oxley implementation on a global basis, and arranged exit financing in conjunction with outside advisors and lenders. From 1989 to 2001, Mr. Vignolo was Executive Vice President and CFO of Sun Chemical Corp and was involved in over forty mergers and acquisitions which helped fuel Sun's double digit growth in sales and operating profits for more than a decade. Biagio received a B.S. degree in Accounting from Rider University.
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