People: Avatech Solutions, Inc. (AVSO.OB)

AVSO.OB on OTC BB

0.45USD
8 Feb 2010
Price Change (% chg)

$0.00 (+0.00%)
Prev Close
$0.45
Open
--
Day's High
$0.45
Day's Low
$0.45
Volume
7,648
Avg. Vol
2,446
52-wk High
$0.65
52-wk Low
$0.26

view people for:

Summary

Name Age Since Current Position
Waye, Thom 43 2007 Chairman of the Board
Davis, George 53 2009 Chief Executive Officer, Director
Rychlak, Lawrence 53 2009 President, Chief Financial Officer
Clark, Garnett 67 2007 Vice Chairman of the Board
Cox, George 73 2003 Director
Fischer, Eugene 63 2000 Director
Post, Robert 48 2004 Director
Reymann, David 51 2007 Director
Melissaratos, Aris 65 2009 Director
» Insider Trading

Biographies

Name Description
Waye, Thom Thom Waye is Chairman of the Board of Avatech Solutions Inc. Mr. Waye joined the Board of Directors in November 2006 and was named its Chairman of the Board in February 2007. He founded the Sigma Opportunity Fund in 2003 and has more than 20 years of financial and operational experience within the technology, telecommunications, and healthcare sectors. Prior to forming Sigma, he was a Partner and Managing Director at ComVest Venture Partners, L.P., where he was primarily responsible for originating and structuring the fund’s operating company investments. Before joining ComVest, Mr. Waye was with AIG Global Investment Corporation, a $10+ billion private equity group, where he had responsibility for fundraising and fund development. In addition, he previously led Motorola’s and Unisys’ New York-based non-banking, financial services sales and marketing efforts. He currently serves on the Board of Directors of Berliner Communications Incorporated and U.S. Starcom, Inc.
Davis, George Mr. George M. Davis is Chief Executive Officer, Director of Avatech Solutions Inc. He served as President of Avatech Solutions, Inc from May 14, 2007 to Oct. 15, 2009. Mr. Davis joined the Board of Directors in July 2006 and was named Executive Vice Chairman in December 2006 and President and Chief Executive Officer in May 2007. Prior to joining Avatech, Mr. Davis was a co-founder of Aether Systems, Incorporated, a wireless data software and services company, and was its President and Vice Chairman of the Board from 2001 to 2004. Prior to founding Aether Systems, Mr. Davis worked for Westinghouse Electric Corporation (currently a division of Northrop Grumman) and Burroughs Corporation. He is currently a Partner in Coastal Ventures and sits on the Board of Directors of Defywire, a wireless data software company, is a member of the Directors Council of the Baltimore Museum of Art, a Steward of the Chesapeake Bay Foundation and a Trustee of Bethany College. Mr. Davis holds a Bachelor of Science degree in Economics and Business from Bethany College.
Rychlak, Lawrence Lawrence Rychlak has been appointed as President of Avatech Solutions, Inc. He serves as Chief Financial Officer of Avatech Solutions Inc. He served as Executive Vice President of Avatech Solutions, Inc from May 17, 2005 to Oct. 15, 2009. Mr. Rychlak joined Avatech from Baltimore-based Environmental Elements Corporation, where he served as interim president and Senior Vice President and Chief Financial Office from 2001 to May 2005. Mr. Rychlak’s background also includes several senior financial positions in both for profit and not-for-profit organizations, business consulting with a regional consulting firm and eight years with an international accounting and consulting firm. He is a Certified Public Accountant and holds a Bachelor of Arts degree and Master’s degree in Business Administration from Loyola College in Baltimore.
Clark, Garnett Garnett Y. Clark is Vice Chairman of the Board of Avatech Solutions Inc. He has served as the President of Clark and Associates, a consulting company specializing in land development, residential real estate and residential construction, for twenty-seven years. Prior to founding Clark and Associates, Mr. Clark was the president and founder of GYC Group, a residential homebuilding company that he sold on January 1, 2002. Mr. Clark joined the Board in 2003 and is a founding director of The Columbia Bank, a central Maryland bank with headquarters in Columbia, Maryland.
Cox, George George W. Cox serves as Director of Avatech Solutions Inc. and has been a member of the Audit Committee since September 2003. Mr. Cox has been the managing member of Cox, Ferber & Associates, a certified public accounting firm since 1989. Before that, he owned George W. Cox & Associates from 1977 to 1989 and worked as an associate and tax partner for Coopers & Lybrand (PricewaterhouseCoopers) from 1962 to 1977. He holds a Bachelor of Science degree in Business Administration from American International College in Springfield, Massachusetts. He served in active military service for the U.S. Army for two years and is currently a member of the Board of Directors of Cunningham Broadcasting Corporation.
Fischer, Eugene Eugene J. Fischer serves as Director of Avatech Solutions Inc since 2000. Mr. Fischer was a director of PlanetCAD from March 2000 until its merger with Avatech, and currently serves as a director of Avatech and a member of its Compensation Committee. Mr. Fischer co-founded Capstone Management LLC, a venture capital firm, in July 1995, and is an executive officer in Capstone’s affiliated entities. He was previously a General Partner of Pathfinder Venture Capital Funds and Technology Funding and Vice President/Corporate Banking Group Head at Bank of America. His investment experience includes internet, software, health care service and other technology-enabled service companies. Mr. Fischer holds a Bachelor of Science degree from the University of Minnesota and a Master of Science degree from the University of California, Davis
Post, Robert Robert J. Post is Director of Avatech Solutions Inc. Mr. Post brings to Avatech over 20 years experience in finance, business restructuring, and creating profitable high growth in new entities. His experience is directly in line with Avatech’s growth strategy. Mr. Post is the President and Chief Executive Officer of TravelCLICK, a provider of digital media and data solutions to the worldwide travel industry. Prior to joining TravelCLICK, he was a Principal of Pconsulting LLC, where he provided finance, operating and sales growth strategies to mid-size and Fortune 500 firms including IBM and Pegasus Solutions. He was previously President and COO at hotelBANK, a Stockholm, Sweden-based B2B travel exchange and has held executive positions at Micros Systems and Westinghouse Electric Corporation. Mr. Post holds a Bachelor of Science degree in Business Management from Duquesne University.
Reymann, David David C. Reymann is Director of Avatech Solutions Inc. since August 2007 and he serves as the Chair of the Audit Committee. Mr. Reymann is the Chief Financial Officer of Critical Response Networks (CRN), a provider of housing solutions addressing housing needs resulting from disaster relief situations. Prior to joining CRN, Mr. Reymann served as Chief Financial Officer of Aether Systems, Inc. (from 1998 to 2006) a wireless data software services company. ). From 1996 to 1998, he was Director of Finance and Accounting for the Sweetheart Cup Company, where he managed the financial reporting and financial analysis activities for their eleven North American manufacturing plants. Prior to joining Sweetheart Cup Company, Mr. Reymann worked for Procter and Gamble, Inc. from 1985 to 1996 and Ernst & Young from 1980 to 1985. Mr. Reymann earned his Bachelor of Arts degree in accounting from The University of Baltimore and is a Certified Public Accountant. He currently serves on the Board of Directors for Arbinet Corporation and The Believe in Tomorrow Foundation.
Melissaratos, Aris Aris Melissaratos is Director of Avatech Solutions, Inc on February 11, 2009. He joined The Johns Hopkins University in 2007 as Senior Advisor to the President for Enterprise Development and also serves as Chairman of the ArMel Group of companies, which provide funding and strategic direction to a large group of high technology start-up companies. His experience includes 32 years in various executive positions at Westinghouse Electronics Systems, including Vice President of Science and Technology, and Chief Technology Officer at Westinghouse’s corporate headquarters in Pittsburgh. Upon retirement from Westinghouse, Mr. Melissaratos served as Corporate Vice President for Thermo Electron Corporation, which merged with Fischer Scientific in November 2006 forming Thermo Fischer Scientific. He also served as Secretary of the Maryland Department of Business and Economic Development (DBED) from 2003 to 2007. He is a founding co-chair of the Greater Baltimore Technology Council, former Vice-President of the Maryland Chamber of Commerce and former Chair of the Maryland Manufacturing Association. He is a member of the National Advisory Council of the Whiting School of Engineering at the Johns Hopkins University, the Board of Directors of the Technology Council of Maryland, and the Emerging Technology Centers, and served on the Board of Visitors of the University of Maryland. Mr. Melissaratos holds a Bachelor of Engineering Science degree in Electrical Engineering from the Johns Hopkins University, and a Master’s Degree in Engineering Management from George Washington University.

Basic Compensation

Name Fiscal Year Total
Waye, Thom --
Davis, George 339,106
Rychlak, Lawrence 301,615
Clark, Garnett --
Cox, George --
Fischer, Eugene 179,327
Post, Robert --
Reymann, David --
Melissaratos, Aris --
As Of 29 Jun 2009

Options Compensation

Name Options Value
Waye, Thom 0 0
Davis, George 0 0
Rychlak, Lawrence 200,000 330,000
Clark, Garnett 0 0
Cox, George 0 0
Fischer, Eugene 0 0
Post, Robert 0 0
Reymann, David 0 0
Melissaratos, Aris 0 0

Insider Trading

Name Shares Traded Price
WAYE THOM 9,918 $0.00
POST ROBERT 11,020 $0.00
HINDMAN W JAMES 9,818 $0.00
MELISSARATOS ARISTIDES 7,714 $0.00
HINDMAN W JAMES 9,918 $0.49
WAYE THOM 4,227 $0.00
WAYE THOM 8,235 $0.00
DAVIS GEORGE M 3,000 $0.40
DAVIS GEORGE M 2,000 $0.45
HINDMAN W JAMES 5,882 $0.00
WAYE THOM 8,235 $0.00
HINDMAN W JAMES 5,882 $0.51
POST ROBERT 9,412 $0.51
DAVIS GEORGE M 100,000 $0.00
DAVIS GEORGE M 10,000 $0.48
HINDMAN W JAMES 6,735 $0.00
HINDMAN W JAMES 6,735 $0.98
POST ROBERT 7,959 $0.98
WAYE THOM 6,735 $0.00
POST ROBERT 6,818 $0.88
HINDMAN W JAMES 6,136 $0.88
WAYE THOM 6,136 $0.00
HINDMAN W JAMES 6,136 $0.00
COX GEORGE W 3,077 $0.65
CLARK GARNETT Y JR 15,386 $0.65
» Full list on Insider Trading
view people for: