BALTIMORE, Jan. 29, 2020 /PRNewswire/ -- MMA Capital
Holdings, Inc. (Nasdaq: MMAC) ("MMA Capital" or the
"Company") today announced the election of two new
directors, one of which fills the current vacancy on the Board of
Directors. On January 28, 2020, Mr.
Cecil E. Flamer and Ms. Suzanne G. Kucera were elected to the Company's
board of directors. Mr. Flamer, 72, was appointed to the open
Class II position on the Board and Ms. Kucera, 58, was appointed to
a newly created Class III vacancy.
Since 2004, Mr. Flamer has been a Managing Director and Chief
Administrative Officer of Brown Capital Management, Inc. ("BCM"), a
private company that provides equity investment management
services. In his capacity as Managing Director, he serves on
the Management Committee, which is the firm's governing body. Prior
to joining the firm, Mr. Flamer was a partner at Ernst & Young,
LLP. He has a Bachelor of Science in Business Administration
(Accounting concentration) from Morgan State
University. He is also a member of the American Institute of
Certified Public Accountants and the Maryland Association of
Certified Public Accountants.
Ms. Kucera is Chief Financial Officer of Bright Power, Inc. a
New York based energy efficiency
company with national operations. Prior to Bright Power, she
was Co-Founder and Chief Executive Officer of Mackworth Capital,
LLC which developed a unique model for direct private investment
and provided strategic and financial advice to growth companies and
start-ups. Prior to founding Mackworth in 2015, Ms. Kucera
was Chief Financial Officer of Now Computing and BBH Group and
Chief Executive Officer of Art + Commerce. She has a Master
of Business Administration from Harvard
University and a Bachelor of Science in Accounting and
Finance from the University of Illinois at
Urbana-Champaign. Ms. Kucera most recently
completed a Diploma in Clean Energy from New
York University leading to an interim Chief Financial
Officer/Chief Operating Officer position where financing options
were secured for a Solar Developer.
J.P. Grant, Chairman of MMA Capital's Governance Committee
stated, "We are pleased to welcome both Cecil and Suzanne to our
Board. With their election, the board gains years of
experience in equity investment advisory services,
entrepreneurship, C-suite management and financial reporting
experience. We plan to take advantage of these skillsets as
we seek ways to grow shareholder value and augment the financial
reporting expertise on the board."
About MMAC
MMA Capital invests in debt associated with renewable energy
infrastructure and real estate. MMA Capital is externally managed
and advised by Hunt Investment Management, LLC, an affiliate of
Hunt Companies, Inc. For additional information about MMA Capital
Holdings, Inc. (Nasdaq: MMAC), please visit MMA Capital's website
at www.mmacapitalholdings.com. For additional
information about Hunt Investment Management, LLC, please see its
Form ADV and brochure (Part 2A of Form ADV) available at
https://www.adviserinfo.sec.gov.
www.mmacapitalholdings.com
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SOURCE MMA Capital Holdings, Inc.
