Global Digital Solutions, Inc.
777 South Flagler Dr., Suite 800 West Tower
West Palm Beach, FL 33401
Stephen L. Norris – Co-
Chairman of Stephen Norris Capital Partners, LLC, Norris has substantial expertise in structuring, negotiating and implementing leveraged buy-
PALM BEACH, Fla., July 2, 2014 /PRNewswire/ -
Currently serving as Chairman of Stephen Norris Capital Partners, LLC, Mr. Norris has substantial expertise in structuring, negotiating and implementing leveraged buy-
Mr. Norris is one of five co-
“The entire GDSI team is thrilled that Steve Norris has joined our board of directors and that he will serve as Chairman and CEO of GDSI International,” said Richard J. Sullivan, GDSI’s President and CEO. “Steve’s record of success in negotiating and implementing large-
“I’m honored to join the GDSI board and to begin serving as Chairman and CEO of GDSI International,” said Stephen Norris. “Dick Sullivan and the entire GDSI leadership team have a remarkable record of acquiring and growing leading-
More About Stephen L. Norris, JD, LLM
The Honorable Stephen L. Norris served on the Board of Directors of each major Carlyle Group portfolio company and played a major role in strategic decisions. During his tenure, Carlyle's investments produced very successful returns for the investors, averaging approximately a realized 40% internal rate of return (IRR). Most notably, Mr. Norris had direct responsibility for well over $1 billion in investments, in addition to directing and managing a prominent investor's investment in the recapitalization of Citibank now Citigroup. Mr. Norris' business relationships also made possible this investor's subsequent investments in Euro Disney and Four Seasons Hotels. By the end of 1998, these three investments had produced well over $10 billion in profits.
In 1992, Mr. Norris was appointed by President George Bush, and confirmed by the U.S. Senate, as one of the five board members of the approximately (at the time) $68 billion Federal Retirement Thrift Investment Board. During his tenure (1992-
Prior to co-
Mr. Norris was a Fellow at Yale Law School (1977) and received a B.S. and J.D. (1972, 1975) with honors from the University of Alabama, and an L.L.M. from New York University (1976).
About Global Digital Solutions, Inc.
Global Digital Solutions is positioning itself as a leader in providing cyber arms manufacturing and complementary security and technology solutions. On June 18, 2014, GDSI announced the acquisition of North American Custom Specialty Vehicles, LLC (NACSV), a leading builder of mobile command/communications and specialty vehicles for emergency management, first responders, national security and law enforcement operations. For more information about NACSV’s suite of advanced vehicles, click here or visit http://www.gdsi.co/nacs_vehicles.html. For more information about GDSI, visit http://www.gdsi.co.
Forward Looking Statements
This press release contains “forward looking statements”. The statements contained in this press release that are not purely historical are forward-
Richard J. Sullivan