Board of Directors
Michael Edward Kelly
Chief Executive Officer, Chief Financial Officer, and Director
Michael Kelly was appointed our Chief Executive Officer and Chief Financial Officer in November 2022. Mr. Kelly also has been a Director since November 2022 and serves as the Treasurer and Secretary of PMI. Mr. Kelly is a seasoned business executive with 30+ years of experience. During his career, Mr. Kelly has held various positions including Chairman of the Board, Chief Executive Officer, President, Chief Operating Officer, Chief Financial Officer, and General Director. In 2021, Mr. Kelly briefly served as the first General Director for BRG Hospitality, a newly formed Hotel Holding Company in Vietnam with a diverse portfolio of both domestic and internationally branded hotels and resorts including InterContinental, Four Seasons, Hilton, Sheraton, and Westin. Due to the worldwide Covid -19 pandemic, Mr. Kelly made a decision in mid-2021 to resign from BRG Hospitality and relocate back to the USA. From September 2015 through July 2020, Mr. Kelly was Chairman of the Board and CEO of Asian Coast Development, Limited ( "ACDL"), the largest American FDI in Vietnam that owned and operated resorts, gaming, and real estate development. From 1982 through 2015 Mr. Kelly was primarily associated with the Domestic ( USA) Hospitality and Gaming industry. During this period Mr. Kelly from June 2004 through December 2011 was a founding partner of Legends Gaming, LLC, and served as its CEO, President, and Director. Mr. Kelly also from 1996 through 2004 was the Group Operating Officer, CFO, and Director of Majestic Star Casino, LLC a multi-jurisdictional gaming and hospitality company. Mr. Kelly during his career also worked for Golden Nugget, Inc, Revel Entertainment Group, Fitzgerald's Gaming Corporation, Des Plaines Entertainment Corporation, and Harrahs Entertainment, Inc. Mr. Kelly has extensive knowledge of the capital markets and specializes in the development, turn-around, restructuring, and strategic investments and exits for growth. Mr. Kelly from 2016 through 2021 was an active member of the American Chamber of Commerce Vietnam (AmCham) where he was elected Governor, Vice Chairman, and Chairman during this period. Mr. Kelly graduated with a Bachelor of Science in Business Administration from Villanova University.
Kurt Lageschulte has been a Director of PMI since November 2022. Mr. Lageschulte has been a Portfolio Manager at Woody Creek Capital, LLC since October 2022. Mr. Lageschulte also serves as a Portfolio Manager specializing in Distressed and Special Situation Assets at Broadbill Investment Partners, LLC since August 2011. From October 2002 to May 2012 Mr. Lageschulte held various positions in the financial services sector focused on distressed, special situations assets and high-yield investments. Mr. Lageschulte received an MBA from Columbia Business School and a Bachelor of Arts in Psychology from Northwestern University.