Spectrum Group announced new appointments to its Board of Directors

2012-10-11

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(US).- Spectrum Group announced that its Board of Directors, on the recommendation of the Nominating Committee, has voted to appoint Joel R. Anderson and Ellis Landau to fill vacancies on its Board of Directors. Both appointments were effective October 1, 2012.

Mr. Anderson was appointed to the Board of Directors as a Class III director, to serve until the 2012 annual meeting. He is the Chairman and Director of Anderson Media Corporation, the country’s largest distributor and merchandiser of pre-recorded music and a major distributor of books, and is also the Chairman and Director of various affiliated companies, including TNT Fireworks, the country’s largest importer and distributor of consumer fireworks; Anderson Press, a major publisher of children’s books and associated children’s product; and Whitman Publishing Company, the leading publisher of books and related products for coin collections.

Anderson has been a member of the Board of Trustees of the American Numismatic Society since 2006 and serves on its Nominating and Governance Committee. He is also a lifetime member of the American Numismatic Association. Mr. Anderson, together with family members, owns a controlling interest in Stack’s, the company’s joint venture partner in Stack’s Bowers Galleries, its rare coin and currency coin auction house.

Mr. Landau is President, Treasurer and Director of ALST Casino Holdco, the holding company of Aliante Gaming, which owns and operates Aliante Station Casino + Hotel in Las Vegas, Nevada. He was formerly a member of the Board of Directors of Pinnacle Entertainment, a leading gaming company, where he served as Chairman of the Audit Committee and as a member of its Nominating and Governance Committee and its Compliance Committee.

In 2006, he retired as Executive Vice President and CFO of Boyd Gaming, a position he held since he joined the company in 1990. The Board appointed him as an independent director, to serve as a Class I director until the 2013 annual meeting.

Greg Roberts, President and CEO, commented, “With his long-standing business experience and in-depth knowledge of the coin industry, we have no doubt that Joel will contribute immeasurably to our Board of Directors.”

Chairman of the Board Jeffrey Benjamin added, “Ellis’s operational and financial expertise will be an asset to the company. I am confident that both Joel and Ellis will be valuable additions to our Board.”