Premier Exhibitions Names Michael J. Little Interim President, CEO
The Board of Directors of Premier Exhibitions, Inc. (Nasdaq: PRXI), a major developer of touring museum-quality exhibits, today announced that Michael J. Little, Chief Financial Officer and Chief Operating Officer, has been named Interim President and Chief Executive Officer. Mr. Little's appointment is the result of the resignation of Samuel S. Weiser, formerly President and Chief Executive Officer of the Company, as of June 13, 2014. Mr. Weiser will, however, remain as a Director on the Company's Board of Directors.
The Board of Directors has already initiated a formal search for a permanent President and Chief Executive Officer and engaged an executive search firm to source qualified candidates.
"We thank Sam for his work for the Company over the last two years, and appreciate Michael stepping into the role of President and CEO on a temporary basis," said Mark A. Sellers, Chairman of the Board of Directors. "In the meantime, Premier will continue to work with our financial advisor to explore strategic alternatives and will continue its work to strengthen the Company's business."
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