MMPI's Falanga to Step Down as President
Angela Heck -- Gifts & Dec, February 19, 2013
"I had been contemplating this for awhile - since 2008 when I sold a personal real estate portfolio," Falanga told Gifts and Decorative Accessories. "I have some outside entrepreneurial interests, including a snowboarding product development project and some personal real estate ventures, that I wish to pursue. [... ]With the Mart and MMPI's business so well positioned now, I feel that it is a good time to leave."
Falanga's resignation will have no effect on the gift and home industry in Chicago he said. "We made a significant investment in consolidating gift and home at the Mart. It is now right-sized for the market here," he noted.
Mark Falanga will be succeeded by Myron Maurer, current COO and a 25-year veteran of MMPI.
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