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Great Elm Capital Group Inc (GEC.OQ)

GEC.OQ on NASDAQ Stock Exchange Global Select Market

4.20USD
15 Dec 2017
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Summary

Name Age Since Current Position

Hugh Wilson

67 2016 Chairman of the Board

Boris Teksler

46 2016 President

Richard Chernicoff

59 2016 Interim Chief Executive Officer, Director

James Wheat

58 2015 Chief Financial Officer

Matthew Drapkin

44 2017 Director

Thomas Harbin

43 2017 Director

James Parmelee

2017 Director

Jeffrey Serota

50 2016 Director

Peter Reed

36 2015 Independent Director

Mark Snell

60 2016 Independent Director

Biographies

Name Description

Hugh Wilson

Mr. Hugh Steven Wilson is Chairman of the Board of the Company. He is a Chairman of our Board and has been a member of our Board of Directors since January 2016. Mr. Wilson was a Managing Partner of Tennenbaum Capital Partners, LLC (TCP) from 2005 to 2012, where he is a member of its advisory board. Mr. Wilson served as Chief Executive Officer of four TCP affiliated registered investment companies. Mr. Wilson served as a Senior Partner at Latham & Watkins, where he was Global Co-Chairman of the Mergers and Acquisitions Practice Group and Chairman of the National Litigation Department. Mr. Wilson has been the Chairman of International Wire Group Holdings, Inc. (ITWG), a company majority owned by the MAST Funds, since October 20, 2009. He serves as Vice Chairman of Burford Capital Limited. Mr. Wilson brings to our Board of Directors judgment accumulated over a 40-year career, expertise in the asset management business, with mergers and acquisitions, leveraged finance and legal matters.

Boris Teksler

Mr. Boris Teksler is President of the Company. He served as one of our directors since June 2015 and served as our Chief Executive Officer from June 2015 to July 2016. Mr. Teksler served as the Senior Executive Vice President and President of the Technology Business Group at Technicolor, from June 2013 to May 2015. Prior to that, Mr. Teksler served as the head of Patent Licensing and Strategy at Apple Inc., from 2009 to 2013. Mr. Teksler holds a BS in Computer Science from University of California, Davis. Mr. Teksler brings to our Board significant experience with intellectual property (acquisition, licensing and litigation) and his industry knowledge. Mr. Teksler’s service as a member of our Board will conclude on the earlier of the Merger or our next annual meeting of stockholders.

Richard Chernicoff

Mr. Richard S. Chernicoff is Interim Chief Executive Officer, Director of the Company. He is Chief Executive Officer on an interim basis in July 2016. Mr. Chernicoff has served as one of our directors since March 2014, as our Lead Independent Director from April 2014 to October 2015 and as Chairman of our Board from October 2015 to July 2016. Mr. Chernicoff is a member of the board of directors of Marathon Patent Group, Inc. and Diablo Technologies, Inc. Prior to joining our board, Mr. Chernicoff was President of Tessera Intellectual Property Corp. from July 2011 to January 2013. Prior to Tessera, Mr. Chernicoff was President of Unity Semiconductor Corp. Prior to that, Mr. Chernicoff was with SanDisk Corporation where, as Senior Vice President, Business Development, Mr. Chernicoff was responsible for mergers and acquisitions, financings and joint ventures. Previously, Mr. Chernicoff was a mergers and acquisitions partner in the Los Angeles office of Brobeck, Phleger & Harrison LLP, a corporate lawyer in the Los Angeles office of Skadden, Arps, Slate, Meagher & Flom LLP, a member of the staff of the SEC in Washington, DC and a certified public accountant with Ernst & Young LLP. Mr. Chernicoff brings to our Board of Directors experience leading businesses and in mergers and acquisitions, finance, legal matters and accounting.

James Wheat

Mr. James D. Wheat is Chief Financial Officer of the Company. Mr. Wheat has been our Chief Financial Officer since November 2, 2015. Mr. Wheat served as the Chief Financial Officer of ASSIA, Inc. from January 2013 to November 2015. From April 2008 to May 2012, Mr. Wheat served as Chief Financial Officer of Silicon Graphics (formerly Rackable Systems), a global provider of computer, storage, and data center solutions to the scientific, technical, and business communities. Mr. Wheat has 30 years of financial management experience with global technology companies, including Lam Research, Raychem Corporation, and Honeywell. Mr. Wheat holds an MBA from The Wharton School of the University of Pennsylvania and a BBA in Accounting and Business from the University of Michigan and is a licensed Certified Public Accountant in California.

Matthew Drapkin

Mr. Matthew A. Drapkin, J.D., has been appointed as Director of the Company. Mr. Drapkin is CEO & Portfolio Manager of Northern Right Capital, a value-oriented asset manager focused on constructive activist investing in small cap public companies. Mr. Drapkin is currently on the board of directors of Intevac, a publicly-traded provider of equipment solutions to the hard-disk drive industry and high-sensitivity imaging products, primarily for the defense market, and PRGX Global, a global provider of recovery audit services to retail and commercial clients. Mr. Drapkin previously served as Chairman of the Board of Ruby Tuesday, a restaurant operator, Lead Independent Director of Hot Topic, a specialty retailer, and a director of Xura (formerly Comverse), a provider of telecommunications businesses solutions, Glu Mobile, a mobile gaming company, Plato Learning, a provider of curriculum management, and Alloy, a diversified media company. Before joining Northern Right Capital Management in December 2009, Mr. Drapkin had extensive investment experience, including his work as head of research, special situations, and private equity at ENSO Capital, a New York-based hedge fund. From 2003 to 2008, Mr. Drapkin worked at MacAndrews & Forbes, participating in more than $3 billion of transactions, including Scientific Games, Deluxe Entertainment Services, AM General, and Scantron. Prior to MacAndrews, Mr. Drapkin served as general manager of two of Conde Nast publication’s wholly-owned Internet sites, Epicurious.com and Concierge.com, and headed Conde Nast’s internet venture investment effort. Mr. Drapkin began his career at Goldman, Sachs and Co.

Thomas Harbin

Mr. Thomas S. Harbin III serves as Director of the Company. Mr. Harbin co-founded Source Capital, LLC in 2002 and currently serves as its Managing Partner. Source Capital, through its affiliates and several committed funds invests in both private equity and private debt transactions primarily in support of growing US-based companies in the lower-middle market. Mr. Harbin worked previously with J.H. Whitney & Co., a Connecticut-based private equity firm with over $5 billion in assets under management. He was the Head of Business Development for PowerBand Communications, a Whitney portfolio company located in Tokyo, Japan. Mr. Harbin also spent time in the Leveraged Finance group of Goldman, Sachs & Co. in New York. Tom received a B.A. with distinction in Economics from the University of Virginia. Mr. Harbin is also a member of the Board of Trustees for the Nature Conservancy of Georgia and the Piedmont Healthcare Foundation.

James Parmelee

Mr. James P. Parmelee is Director of the Company. Previously, Mr. Parmelee was a Partner in Peak Ten Management (formerly Lanexa Management), a long/short equity fund backed by Tiger Management LLC. Mr. Parmelee’s primary responsibilities included sourcing, analyzing and monitoring software, Internet and IT infrastructure investments. Prior to joining Peak Ten Management, Mr. Parmelee was a Partner in Union Square Advisors LLC, a strategic advisory firm. He served as head of the firm’s global IT Infrastructure practice. Mr. Parmelee was a data networking and telecommunications equipment research analyst, primarily at Credit Suisse First Boston, from 1992 to 2004.

Jeffrey Serota

Mr. Jeffrey S. Serota serves as Director of the Company. He has served on our board since November 2016. Mr. Serota is currently a Senior Advisor at Corbel Structured Equity Partners, an alternative lower middle-market debt manager. Mr. Serota served as a Senior Partner and Senior Advisor at Ares Management LLC (Ares) from 1997-2013. While at Ares, Mr. Serota led investments in an array of security types and industries. Transaction structures included buyouts, recapitalizations, structured equity, minority interest, and distressed-for-control, among others. As part of his role as a Senior Partner at Ares, Mr. Serota acted as an Interim Chief Executive Officer for certain portfolio company investments of Ares, led fundraising efforts for private equity investment funds, participated in numerous private and public companies as a Member of the board of directors, and assisted in the management of the private equity efforts at Ares. Before Ares, Mr. Serota served as a Vice President in the investment banking department at Bear, Stearns & Co. Inc. Prior to Bear Stearns, Mr. Serota was employed at Dabney/Resnick, Inc., where he specialized in merchant banking and capital raising activities for middle market companies and had primary responsibility for Dabney/Resnick’s bridge financing activities. Mr. Serota was also employed at Salomon Brothers Inc, where he focused on mergers and acquisitions and merchant banking transactions.

Peter Reed

Mr. Peter A. Reed is an Independent Director of the Company. He served as one of our directors since May 2015. Mr. Reed is Chief Investment Officer of our Great Elm Capital Management subsidiary and Chief Executive Officer of Great Elm Capital Corp. Mr. Reed is a Portfolio Manager and Partner at MAST Capital, a Boston-based registered investment advisor. Mr. Reed currently serves as a director of ITWG and the Chairman of the Board of Nebraska Book Holdings, Inc. Prior to joining MAST in 2004, Mr. Reed was an investment banking analyst at Brown, Gibbons, Lang & Company where he worked on mergers and acquisitions, in-court and out-of-court financial restructurings, and debt and equity private placements for middle market companies.

Mark Snell

Mr. Mark A. Snell is an Independent Director of the Company. He has been president of Sempra Energy, a San Diego-based Fortune 500 energy services holding company, since 2011 and he will retire from Sempra Energy on March 1, 2017. From 2006 to 2011, Mr. Snell was executive vice president and chief financial officer of Sempra Energy. Previously, Mr. Snell was group president overseeing Sempra Energy’s businesses outside of the company’s two California utilities. Prior to that, he served as chief financial officer of this group. Mr. Snell joined Sempra Energy in 2001 as vice president of planning and development. Previously, Mr. Snell was executive vice president and chief financial officer for Earth Tech, a Long Beach, Calif.-based water management, engineering and environmental services firm. Prior to that, he was executive vice president and chief financial officer of Dames and Moore, an engineering and construction firm headquartered in Los Angeles. At Dames and Moore, he guided the completion of acquisitions that more than doubled the firm’s revenues. Mr. Snell also served as chief financial and administrative officer for Latham & Watkins. Preceding that, he was executive vice president and chief financial officer of World Oil Corp., a privately held, integrated oil company. Mr. Snell began his career as an auditor and in acquisition support at KPMG Peat Marwick. Mr. Snell brings to our Board of Directors experience leading businesses and in mergers and acquisitions, finance and accounting.

Basic Compensation