SEATTLE (WA), January 23rd, 2007 - PeoplePawn, a Seattle pre-revenue financial services and speciality retail start-up, today announced that effective January 24th, 2007, Jamie Thomas would be appointed to the position of Financial Comptroller. "PeoplePawn has achieved yet another key objective in building an industry leading operational management team", said Patrick Lawrence Kane, Founder and CEO of PeoplePawn. "As we enter our Series A Funding strategy, we need to have a world class executive team that understands the market space, and can develop financial systems and processes that help PeoplePawn manage and measure it's results. Jamie brings the experience, the personality and the energy needed to do that in a start-up. We are excited to have her on the team".
"I'm excited to join PeoplePawn as a start up company. Having worked with the founder and CEO Patrick Lawrence Kane in the past, I know that with his guidance and determination this business has huge potential. I have the utmost confidence in the PeoplePawn opportunity, its strategy and its future" said Jamie Thomas.
PeoplePawn is a Seattle based pre-revenue financial services and specialty retail start-up. Upon the successful completion of initial funding, PeoplePawn plans to open and operate a multi-unit chain of stores in the Pacific Northwest beginning in Seattle, where it already has secured a lucrative city issued pawnbroker license. PeoplePawn will launch the first store and e-tail strategy within the current $9.2B national market which currently experiences only 12% consolidation. Planning big, bright and beautiful storefronts, integrated with systems and processes to hire, train and retain long-term personnel, PeoplePawn plans on opening a minimum of 10 store locations in the next 5 years.
