Northbrook, IL (May 27, 2010) – Bernard Freibaum, an accomplished financial executive with extensive real estate experience, has joined timeshare developer Shell Vacations LLC (www.ShellVacationsClub.com) as Chief Financial Officer. Freibaum will work closely with Shell Vacations Chairman and CEO Sheldon H. Ginsburg and President and COO Tracy L. Sherles in evaluating new growth opportunities and enhancing business operations within the company’s many divisions.
Added Ginsburg, “We are delighted to welcome a financial executive with Bernie’s impressive credentials and record of accomplishments. We are confident he will become a significant member of our team as we move forward into a new economy.”
Sherles agreed. “We believe our entire company will benefit greatly from Bernie’s expertise and considerable experience.”
During his more than three decades as a financial professional, Freibaum has worked for large public accounting firms as a real estate and tax consultant and for a host of real estate-oriented companies spanning all property types and disciplines. He has skills in development, management, acquisition, disposition, finance, tax and accounting. Most recently, he was the Chief Financial Officer of General Growth Properties, Inc., which focused on regional shopping malls, where he was awarded “Best CFO” in the public Real Estate Investment Trust (REIT) sector by Institutional Investor Magazine for three consecutive years, from 2004 to 2006.
A Chicago native, Freibaum holds a BS in Accountancy from the University of Illinois, an MS in Taxation from DePaul University and a JD from DePaul College of Law. He has attained the designations of Certified Public Accountant and Attorney-at-Law.
Headquartered in Northbrook, IL, Shell Vacations LLC is one of the most respected independent vacation ownership developers in the United States, operating or affiliated 23 resorts in the U.S., Canada and Mexico. The company specializes in the sales and hospitality management of vacation ownership resorts as well as servicing over 125,000 owner and member families of its vacation ownership products.
For Additional Information Contact
Karen Buttice at 847-564-4600
SOURCE: Shell Vacations LLC