Data Storage Corporation (Nasdaq: DTST) (“DSC” and the “Company”), a provider of diverse business continuity solutions for disaster-recovery, cloud infrastructure, cyber-security, and IT services, today announced that it has appointed Clifford Stein to serve on its Board of Directors. Mr. Stein previously served as a member of the Board of Directors from 2010 to 2020.
“We are pleased to welcome Cliff back to our board of directors,” commented Chuck Piluso, Chief Executive Officer of Data Storage Corporation. “Cliff is an accomplished entrepreneur and seasoned executive, having built and run a successful real estate advisory firm over the past 30 plus years. He also brings extensive legal knowledge as an accomplished attorney. We believe Cliff’s unique skillset will help guide the Company as we continue on our path of growth, both organic and through acquisitions. Cliff previously served as a member of the board, supporting a variety of strategic growth initiatives, and we look forward to his renewed involvement.”
Mr. Stein is currently the Chief Executive Officer of Savitar Realty Advisors, which he founded in 1987. Savitar Realty Advisors provides consulting and advisory services to lending institutions and government agencies on workouts, restructurings, and value enhancements on their non-performing properties. Previously, he worked as a partner and director of acquisitions for a private, Miami-based real estate investment company where he analyzed, negotiated, and acquired non-performing real estate assets. Additionally, former Florida Governor Lawton Chiles appointed him to serve as a Commissioner on the Florida Real Estate Commission, where he served two terms and was elected as Chairman of the Commission in 1996. Mr. Stein was also appointed to the Board of Directors of Cenvill Development by the FDIC to represent its interest as the single-largest shareholder of the former $500 million publicly traded real estate concern. He holds a Juris Doctor from the University of Miami and a Bachelor of Science in finance and accounting from American University.
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