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Joe Orlando Resigns; Nat Turner Now CEO of Collectors Universe/PSA

     I saw this news yesterday on Joe's twitter account.  Although I have not used third party authentication very much, I've read Joe's blog for years and always have had the impression that he's one of the good guys in the hobby.  Certainly wish him well as he moves forward.

     Collectors Universe, parent company of PSA, announced Friday (7/17) that Joe Orlando has resigned as CEO. Executive Chairman Nat Turner, the entrepreneur who led a group to purchase the grading and authentication company earlier this year, will take over that role. Turner and partner Steve Cohen also recently acquired Goldin Auctions. Turner also just this week announced plans to also enter the video game grading space.

     Orlando first joined Collectors Universe in 1999.  He was named President of PSA in 2002 and took on a larger role as CEO of the Santa Ana, CA-based company in 2017.

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Interesting.  I wonder why he resigned.  Many of the companies that are associated with the collectibles market have been under a lot of pressure during the pandemic.

Sounds like his resignation made way for the new owner to take the top spot and establish a  vision:

     “Moving forward, we’ll continue making investments in the company that will help us scale to meet our existing and future customer demand, improve customer experience and support the continued maturation of the industry overall.”

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