Legacy Education Alliance, Inc. Announces CEO Changes
December 03, 2021 at 09:31 pm
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On December 1, 2021, Michel Botbol, the Chairman of the Board and Chief Executive Officer of Legacy Education Alliance, Inc. resigned as Chairman of the Board, director and officer of the Company, as Chief Executive Officer of the Company As a result of the resignation of Mr. Botbol, Mr. Barry Kostiner, a member of the Board of Directors of the Company, Manager of Capital Markets and principal financial and accounting officer of the Company, was appointed as Interim Chief Executive Officer and will further assume the role of principal executive officer of the Company, until a permanent replacement can be found.
Legacy Education Alliance, Inc. is a provider of practical and value-based educational training on the topics of personal finance, entrepreneurship, real estate, and financial markets, including investment strategies and techniques. Its programs are offered through a variety of formats and channels, including free workshops, basic trainings, forums, telephone mentoring, one-on-one mentoring, coaching, and e-learning. The Company marketed its products and services under the brand Building Wealth with Legacy. The Companyâs students pay for their courses in full up-front or through payment agreements with independent third parties. The Company also provides one-on-one mentoring (two to four days in length, on site or remotely) and telephone mentoring (10 to 16 weekly one-on-one or one-on-many telephone sessions). Its training programs include basic training courses (live and online), elite level training courses (live and online), and individualized mentoring programs.