Mark Billings, Dynasty's CFO since March 2006, has resigned and the position is vacant effective last Friday.
Albert Barbusci, Dynasty's chief executive, stated, "Bob Lupacchino has worked closely, in a consulting capacity, with our organization over the past 18 months in developing our strategy and business plan for China. He is completely familiar with our business and our vision, and we are delighted to have him take on the CFO role and responsibility."
Lupacchino, an MBA graduate from Emory University, has worked with an impressive array of clients who rank among the Fortune 1000 list of companies. He is an accomplished business strategist and performance improvement specialist, with more than 20 years of experience in areas including market and financial feasibility analysis, new product development and new venture formation.
Dynasty's Board of Directors expressed appreciation for the contribution made by Mark Billings during his period with the company.