VANCOUVER, BRITISH COLUMBIA--(Marketwire - Nov 6, 2012) - Greenscape Capital Group Inc. ("Greenscape") (TSX VENTURE:GRN) is pleased to announce the appointment of Rick Baxter as President and CEO of the Company. Mr. Baxter joined the Greenscape Board in August 2012. He is an experienced entrepreneur and strategic business leader with more than 25 years of operational knowledge in aviation and transportation.
Mr. Baxter currently serves on the Canadian Advisory Board for Marsh and McLennan Companies, parent company of Marsh, Guy Carpenter, Mercer and Oliver Wyman. He was a member of Tourism Vancouver''s Board for 12 years and the Chairman of the board during the 2010 Olympic Winter Games. He also previously served as a Director of EcoTrust Canada and Climate Smart.
Born and raised in Vancouver, Mr. Baxter has been recognized as one of Canada''s Top 40 under 40, a national program designed to promote mentorship and professional development. He holds an Economics degree from the University of B.C., and has completed the Executive Leadership Course at the Stanford Graduate School of Business.
Mr. Baxter states, "I am excited to be part of Greenscape Capital Group and the committed team that has been assembled to drive growth and profitability for the Company. Both occupancy and yield continue to improve at the Canopy Facility, and I see the opportunity for further acquisitions of high quality properties with strong income potential."
Mr. Bradley Scharfe, the Company''s current CEO, has been appointed Chairman of the Board and will continue to support the Company as his primary focus.
Greenscape Capital Group is headquartered in Vancouver, British Columbia. The company''s core asset is the Canopy Airport Parking Facility, a 4,200 space state-of-the-art parking structure servicing the Denver International Airport. Canopy is known as North America''s Greenest Parking Facility, is certified as a Demonstrator Site for the Green Parking Council and operates 75% more energy efficiently than competing parking facilities, thereby increasing the company''s bottom line. Greenscape seeks to maximize shareholder value by exploring new opportunities and growth in the parking industry. For more information visit www.greenscapecapital.com.
ON BEHALF OF THE BOARD
John LaGourgue, Director
Disclaimer for Forward-Looking Information
Certain statements in this release are forward-looking statements. Forward-looking statements consist of statements that are not purely historical, including any statements regarding beliefs, plans, expectations or intentions regarding the future. Such statements are subject to risks and uncertainties that may cause actual results, performance or developments to differ materially from those contained in the statements. No assurance can be given that any of the events anticipated by the forward-looking statements will occur or, if they do occur, what benefits the Company will obtain from them. In particular, no assurance can be given that occupancy rates at the Canopy Parking Facility will continue to increase and outperform previously forecasted numbers.