Edition:
United States

Rackwise Inc (RACK.PK)

RACK.PK on OTC Markets Group

1.38USD
28 Apr 2017
Change (% chg)

$0.00 (+0.00%)
Prev Close
$1.38
Open
$1.38
Day's High
$1.38
Day's Low
$1.38
Volume
158
Avg. Vol
1,149
52-wk High
$3.40
52-wk Low
$0.15

Summary

Name Age Since Current Position

Guy Archbold

62 2017 Chairman of the Board, President, Chief Executive Officer, Acting Chief Financial Officer, Secretary

Patrick Imeson

2017 Interim Chief Restructuring Officer, Director

Michael Feinberg

68 2012 Director

Bart Richert

2017 Director

Jay Schiffman

2017 Director

John Todd

2017 Director

Craig Whited

68 2017 Director

J. Sherman Henderson

70 2011 Independent Director

John Kyees

68 2012 Independent Director

Biographies

Name Description

Guy Archbold

Mr. Guy A. Archbold is Chairman of the Board, President, Chief Executive Officer, Acting Chief Financial Officer, Secretary of Rackwise Inc. He has been appointed as Interim Chief Financial Officer, effective January 31, 2014. Mr. Archbold has more than 30 years of senior management and entrepreneurial experience in Finance, Investment Banking, Merchant Banking, Venture Capital, Portfolio Management and Alternative Green Energy, which makes him well-positioned for his role as a director. From June 2009 through September 2011, Mr. Archbold worked for Black Diamond Financial Group, LLC, a manager of limited partnerships involved in venture capital investments, as a Director and Portfolio Advisor. From March 2001 through August 2008, he was President, Chief Executive Officer and Chairman for Chapeau, Inc. dba BluePoint Energy, an energy management company which provided state-of-the-art, technology based, environmentally responsible (green), demand response and combined heat and power solutions to commercial and industrial users across the majority of the public and private industry sectors including hospitality, retail, healthcare, manufacturing and government, Chapeau, Inc.

Patrick Imeson

Mr. Patrick Imeson serves as Interim Chief Restructuring Officer, Director of the Company. Mr. Imeson is the Manager of Black Diamond Financial Group and Black Diamond Holdings LLC. Black Diamond and its associated entities are the largest shareholders of the Company, The managed entities are also a secured lender to the company and holders of convertible notes.

Michael Feinberg

Mr. Michael Feinberg is Director of Rackwise Inc. Mr. Feinberg has 45 years of experience as a property developer, owner and investor. He has owned and/or developed residential and office buildings in the greater metropolitan New York and South Florida areas. During at least the past five years, Mr. Feinberg has been the owner and designed the golf course at The Club at Emerald Hills in Hollywood, Florida. He was also one of the earlier financiers of Ultimate Software, provider of end-to-end strategic human resources, payroll and talent management solutions and is an investor in the funds managed by Black Diamond Financial Group LLC, a manager of limited partnerships involved in venture capital investments.

Bart Richert

Mr. Bart Richert serves as Director of the Company. Mr. Richert has over 23 years of experience as an entrepreneur and investor. He has founded and been partnered in multiple healthcare staffing company ventures and real estate ventures since 1994. In 2013, Mr. Richert founded Vision Healthcare which provides on campus healthcare immunizations, titers, drug screens and physicals to the post secondary education allied health programs in over 18 states currently.

Jay Schiffman

Mr. Jay Schiffman is Director of the company. He is a retired senior investment banking, securities and finance executive with 28 years of extensive investment banking, securities sales and corporate finance experience. Mr. Schiffman currently serves on the advisory board of Quadra FNX Mining, a private Vancouver, British Columbia-based company that produces and explores for various precious metals. From 1976 Mr. Schiffman held various sales, management and other positions within the securities industry until his retirement in 2002. From 1974 to 1976, Mr. Schiffman served as the Vice President with McKeen-Herzog Management Corporation, McKeen & Co. and Merritt Investment Funds. Since retiring, Mr. Schiffman has selectively accepted advisory positions with various former clients and business associates. During his career, Mr. Schiffman has held various positions with some of the oldest and largest firms on Wall Street, including as a Senior Vice President at Lehman Brothers, Partner and Principal in Boettcher & Co. (a highly respected regional bond underwriter and investment firm based in Denver, Colorado), Vice President at Donaldson Lufkin and Jenrette, Branch Manager/special partner at Cowen & Co's San Francisco office focusing on technology and healthcare, as well as holding principal positions in several investment banking firms. Mr. Schiffman’s duties at such firms included management, securities sales, private investment funding, acquisition and mergers, compliance and various investment banking activities in the U.S. Canada and Hong Kong. Mr. Schiffman is a graduate of the University of Colorado.

John Todd

Mr. John Todd is Director of the company. He is currently serves as the President and Chief Executive Officer of Royalty Capital Corporation (“RCC”), an Illinois-based financial holding company that will provide financing and management for its subsidiary, Royalty Life Insurance Company, a company engaged in marketing, underwriting and distributing a broad range of individual life and annuity insurance products. During his tenure with RCC, Mr. Todd has solicited and established a board of directors, hired and trained salesforce, raised initial significant capital to provide working capital and for strategic acquisitions. Since 2017, Mr. Todd has also been serving as the President and Chief Executive Officer of Capital Reserve Life Insurance Company, an Illinois-based 95-year old life insurance company. Mr. Todd has 40 years’ experience in the insurance and securities industries. Mr. Todd has been a Regional Director of Texas Republic Capital Corporation, District Manager of First Trinity Financial Corporation, Senior Managing Director of Wealth Management at B.C. Ziegler & Co., Executive Vice President Sales at Disciplined Investment Advisors and Senior Vice President Institutional sales of Latin American research at Rodman & Renshaw. Mr. Todd has been responsible for planning and executing top and bottom line goals, building large sales organizations and product development including, sourcing, structuring, and placing in excess of $1 Billion of private placements, non-traded public securities and debt instruments. He has served on executive management committees, risk committees, new product committees, and retirement committees. Mr. Todd received his Bachelor of Arts degree in Spanish, with a minor in Portuguese, from Penn State University.

Craig Whited

Mr. Craig R. Whited is Director of the company. He is a retired senior corporate executive with more than 20 years of extensive management, finance and consulting experience, including as a director of a public company. From 1996 to 2007, Mr. Whited served as a member of the board of directors and audit committee chairman and audit committee financial expert of O.I. Corporation (dba O.I. Analytical), a former NASDAQ listed technology company prior to its acquisition by ITT Corporation. From 1988 to 2004, Mr. Whited served as the President and Chief Executive Officer of The Oxford Group, Inc., a firm that provides management and financial consulting services, including acquisition analysis, administrative practices, corporate and financial planning, strategic planning, management information systems and joint ventures to clients ranging in size from $2 million to $750 million with activities in manufacturing, distribution, high technology, research and development, financial services, construction and building products. Prior thereto, Mr. Whited served as the Senior Vice President and Chief Financial Officer of Bridgewater Resources Corporation and as the President and Chief Operating Officer of Connor Forest Industries, Inc. Mr. Whited played a significant management and finance role with these companies, including management selection, corporate finance and other operations roles. Prior to beginning his corporate career, Mr. Whited was a U.S. decorated combat pilot, flight leader and director of logistics, having served 21 months in combat. Mr. Whited received his Bachelor of Arts degree in Economics, with a minor in Accounting, from UCLA and a MBA degree in Finance and Information System Design from UCLA Graduate School of Management. Mr. Whited is a member of the Financial Executives Institute, the American Institute of CPA's and the California Society of CPA's.

J. Sherman Henderson

Mr. J. Sherman Henderson III is Independent Director of Rackwise Inc. He began his career in the telecom industry in 1986, when he oversaw Charter Network, a long-distance carrier serving the Midwestern United States. Mr. Henderson founded Lightyear Network Solutions, which began operations as UniDial, an established provider of data, voice and wireless telecommunication services to approximately 60,000 business and residential customers throughout North America, in 1993 in Louisville, Kentucky and served as its chief executive officer from its founding until May 2011. He currently serves as its chairman emeritus. He also serves as a director of Beacon Enterprise Solutions Group Inc. and is a member of that company’s compensation committee. Mr. Henderson served six terms as chairman of COMPTEL, association representing competitive communications service providers and their supplier partners. Mr. Henderson earned a Bachelor’s degree in Business Administration from Florida State University.

John Kyees

Mr. John Edward Kyees is Independent Director of Rackwise Inc. He retired from active business practice in 2010 but continues to serve on the board of directors of 5 public companies (Casual Male Retail Group, Vera Bradley, Teavana, Hot Topic and Rackwise). Prior to retirement, he was Chief Financial Officer for several companies including Urban Outfitters, bebe Stores, Skinmarket, HC Holdings, Ashley Stewart, Limited’s Express, Chas. A. Stevens (division of Hartmarx), J.L. Hudson Co. (division of Dayton Hudson which became Target), The Model A and Model T Motor Car Reproduction Co., and Ford Motor Co.

Basic Compensation