HONG KONG--(Marketwire - May 25, 2010) - As part of a significant expansion program, ARC China Holdings, Ltd. ("ARC China") today announced the appointment of Michael Bruck as Chief Operating Officer. Bruck will be responsible for the strategic leadership of ARC China's operations on a global basis. He joins ARC China's existing team of over 30 professionals in Hong Kong, China, Europe, and the United States.
"ARC China combines its team of international and deep in-country experts together with a very compelling investment thesis," Bruck said. "This combination is unique in China's rapidly developing investment industry and I believe it will be essential to success as the industry continues to grow and mature. I am honored to be part of the ARC China team and excited about being able to contribute to its success."
Bruck's international experience spans over 30 years of investment and operational experience in China, Silicon Valley and Wall Street. Mr. Bruck has founded and operated numerous companies and has led other companies in their development of global markets. Prior to joining ARC, Mr. Bruck was CEO of East Broadway Advisors, a Hong Kong-based financial advisory firm. Previously, Mr. Bruck was a Managing Director at Tripod Capital, a China-focused private equity fund, where he was responsible for setting up and managing the fund's infrastructure, financial and back-office systems as well as serving on the fund's investment committee.
Prior to Tripod, Mr. Bruck was Vice President of International Development at Zetera Corporation, a U.S.-based IT company, where he was responsible for the company's entry and expansion into China and Europe. Prior to Zetera, Mr. Bruck was a Managing Director at Nolan Securities Corporation, where he executed financing transactions in the technology, entertainment, and telecommunications industries.
Mr. Bruck has also advised companies expanding their businesses in Greater China. From 1983 to 1999, Mr. Bruck held numerous senior positions at Intel Corporation including serving as aide to Andy Grove, Intel's President and CEO, where he worked closely with Dr. Grove and Intel's executive team to identify future growth markets for Intel and to define Intel's future strategic direction. After serving as aide to Dr. Grove, Mr. Bruck was appointed General Manager of Intel China where he was responsible for building Intel's brand and revenues in China, which increased four-fold during his tenure.
After serving as General Manager of Intel China, Mr. Bruck was appointed Director of Intel's Content Group, where he developed strategic alliances with leading entertainment and software companies. Mr. Bruck received his Bachelor of Science (Honours) and Master of Science degrees in Electronic and Electrical Engineering from the University of Manchester in the U.K. and has studied finance and marketing at the Anderson School of Business at UCLA.
"As we continue to make great strides in growing our business, it has become increasingly critical to have a leader such as Michael on our team. The combination of his extensive experience, knowledge, and commitment to building a world class infrastructure for investment in the Chinese market will be a tremendous asset to the firm. We are extremely excited to have him join our efforts and look forward to his value added insight in helping us grow," said Founder and CEO Adam Roseman.
About ARC China, Inc.
ARC China is a wholly‐owned foreign enterprise focusing on investment in China's domestic consumption‐oriented high‐growth enterprises in developing Tier II and III cities. Offices are currently maintained in Shanghai, Chengdu, Xiamen, Danyang, Shenzhen, and Hong Kong.
Contact Information:
For additional information, please contact:
ARC China, Inc.
Bund 23
The Bank of China Building, 14/F
23 Zhongshan East No.1 Road
Shanghai 200002, P.R. China
Phone: (86-21) 6323 1717
Fax: (86-21) 6323 5228