Changes at Bluegreen Timeshare

The Bluegreen Corporation, known as a leading provider of Colorful Places to Live and Play®, has appointed Paul Humphrey as its new Vice President, Finance and Capital Markets.

Bluegreen’s Senior Vice President and Chief Financial Officer, Tony Puleo, says, “Paul’s appointment reflects Bluegreen’s commitment to strengthening our capital markets presence. Our new business model is having a positive impact on our operations; and while we believe we are less reliant on the credit markets than we were in the past, we believe that this important addition to our team will allow us to enhance and better execute our finance strategy. Paul is a proven financial executive, and his addition will allow us to more actively pursue opportunities with current and new lenders as we seek to expand and diversify our sources of liquidity.”

Bluegreen Timeshare in a Period of Change

While Bluegreen timeshare has faced its share of challenges in the tight economy, Humphrey says he sees this as an exciting time to join the Bluegreen family, calling it a period of opportunity and change. Humphrey’s work experience includes over fourteen years at Salomon Brothers/Citigroup and CS First Boston. He is the founder and past president of PGH Consulting, LLC, a consulting service that served the business marketplace in credit restructuring and asset valuation. Many in the timeshare industry already know or recognize the name Paul Humphrey as he is a past speaker at industry conferences, including the 2010 American Resort Development Association (ARDA) Convention and Exposition.