McMullen plans to develop an insurance products business specializing in the vacation ownership and resort real estate markets. He will continue his business relationship with Shell Vacations through the installation of a vacation insurance product that will provide credit life and other insurance programs.

Based in Orlando, Florida, McMullen�s company, Vacation Insurance Products, Inc. (VIP), will launch its entry into the resort ownership market this summer with Shell Vacations LLC as its first subscriber. 

McMullen will continue to manage and develop the investments of the McMullen Family Trust and his other business interests.

According to Sheldon H. Ginsburg, Managing Director of Shell Vacations, �During his tenure with our company, Ed has been instrumental in the consolidation of our 14 resorts and the development of the Shell Vacations Club.�  

Adds Perry S. Snyderman, Managing Director, �Shelly and I look forward to a continued business relationship with Ed as we expand Shell Vacations. The entrepreneurial spirit of Shell has always been our formula for success and we plan to continue in this spirit far into the future.�

Shell Vacations currently operates 14 resorts in Canada, California, Arizona and Hawaii and serves more than 50,000 owners. With over 2,000 employees, Shell is one of the nation�s largest independent vacation ownership developers. The company is currently in the process of expanding its offsite operations and telemarketing centers.