People: RadNet Inc (RDNT.W)

Summary

Name	Age	Since	Current Position
Howard Berger	66	2011	Chairman of the Board, President, Chief Executive Officer
Mark Stolper	40	2004	Chief Financial Officer, Executive Vice President
Jeffrey Linden	69	2007	Executive Vice President, General Counsel
Norman Hames	56		Executive Vice President, Secretary,Chief Operating Officer - Western Operations, Director
Stephen Forthuber	50	2006	Executive Vice President, Chief Operating Officer - Eastern Operations
Michael Murdock	57	2007	Executive Vice President, Chief Development Officer
David Swartz	68	2011	Lead Independent Director
John Crues	62	2000	Vice President, Medical Director, Director
Marvin Cadwell	68	2007	Independent Director
Lawrence Levitt	69	2005	Independent Director
Michael Sherman	69	2007	Independent Director

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Biographies

Name	Description
Howard Berger	Dr. Howard G. Berger, M.D., is Chairman of the Board, President, Chief Executive Officer of RadNet Inc. He has served as President and Chief Executive Officer of the Company and its predecessor entities since 1987. Dr. Berger is also the president or co-president of the entities that own Beverly Radiology Medical Group, or BRMG. He began his career in medicine at the University of Illinois Medical School, is Board Certified in Nuclear Medicine and trained in an Internal Medicine residency, as well as in a masters program in medical physics in the University of California system.
Mark Stolper	Mr. Mark D. Stolper is Chief Financial Officer and Executive Vice President of RadNet Inc., since July 2004. Prior to joining the Company, he had diverse experiences in investment banking, private equity, venture capital investing and operations. Mr. Stolper began his career as a member of the corporate finance group at Dillon, Read and Co., Inc., executing mergers and acquisitions, public and private financings, and private equity investments with Saratoga Partners LLP, an affiliated principal investment group of Dillon Read. After Dillon Read, Mr. Stolper joined Archon Capital Partners, which made private equity investments in media and entertainment companies. Mr. Stolper also worked for Eastman Kodak, where he was responsible for business development for Kodak’s Entertainment Imaging subsidiary ($1.5 billion in sales). Mr. Stolper was also co-founder of Broadstream Capital Partners, a Los Angeles-based investment banking firm focused on advising middle market companies engaged in financing and merger and acquisition transactions. Mr. Stolper is currently a member of the board of directors and audit committee for Metropolitan Health Networks, Inc. (NYSE: MDF), a member of the board of directors of TIX Corporation (PINK: TIXC) and is Chairman of the Board of CompuMed, Inc., a private company in the medication management industry. Mr. Stolper graduated with a liberal arts degree from the University of Pennsylvania and a finance degree from the Wharton School. Additionally, Mr. Stolper earned a postgraduate Award in Accounting from the University of California, Los Angeles.
Jeffrey Linden	Mr. Jeffrey L. Linden is Executive Vice President and General Counsel of RadNet Inc. Prior to joining the Company, Mr. Linden had been engaged in the private practice of law. He has lectured before numerous organizations on various topics, including the California State Bar, the American Society of Therapeutic Radiation Oncologists, the California Radiological Association, and the National Radiology Business Managers Association. Mr. Linden received his J.D. and undergraduate degree from the University of California, Los Angeles.
Norman Hames	Mr. Norman R. Hames is Executive Vice President, Secretary, Chief Operating Officer - Western Operations and Director of RadNet Inc. He has 20 years of experience in the industry, Mr. Hames oversees all aspects of California facility operations. His management team, comprised of regional directors, managers and sales managers, is responsible for responding to all of the day-to-day concerns of California facilities, patients, payors and referring physicians. Prior to joining the Company, Mr. Hames was President and Chief Executive Officer of his own company, Diagnostic Imaging Services, Inc., which owned and operated 14 multi-modality imaging facilities throughout Southern California. Mr. Hames gained his initial experience in operating imaging centers for American Medical International, or AMI, and was responsible for the development of AMI’s single and multi-modality imaging centers.
Stephen Forthuber	Mr. Stephen M. Forthuber is Executive Vice President and Chief Operating Officer – Eastern Operations of RadNet Inc. He joined Radiologix in January 2000 as Regional Director of Operations, Northeast. From July 2002 until January 2005 he served as Regional Vice President of Operations, Northeast and from February 2005 until December 2005 he was Senior Vice President and Chief Development Officer for Radiologix. Prior to working at Radiologix, Mr. Forthuber was employed from 1982 until 1999 by Per-Se Technologies, Inc. and its predecessor companies, where he had physician practice management and radiology operations responsibilities. Mr. Forthuber received a B.A. in Business Administration from The College of William and Mary in Virginia.
Michael Murdock	Mr. Michael N. Murdock is Executive Vice President and Chief Development Officer of RadNet Inc., since since 2007. Mr. Murdock has spent the majority of his career in senior financial positions with healthcare companies, ranging in size from venture-backed startups to multi-billion dollar corporations, including positions with American Medical International and its successor American Medical Holding, Inc., a publicly traded owner and operator of acute care facilities, that was acquired by National Medical Enterprises, now Tenet Healthcare. From 1999 through 2004, Mr. Murdock served as Chief Financial Officer of Dental One, a venture capital-backed owner and operator of 48 dental practices in Texas, Arizona, Colorado and Utah. From 2005 to 2006, Mr. Murdock served as Chief Financial Officer of Radiologix and joined the Company following the Radiologix acquisition. Mr. Murdock began his career in 1978 as an auditor with Arthur Andersen after receiving a B.S. degree from California State University, Northridge.
David Swartz	Mr. David L. Swartz is Lead Independent Director of RadNet, Inc., since January 2011. He is a certified public accountant with over thirty-five years of experience providing accounting and advisory services to clients. Mr. Swartz currently serves as a member of the board of directors of the California State Board of Accountancy and previously served as president. Between 1993 and 2008, Mr. Swartz served as the managing partner of Good, Swartz, Brown & Berns LLP, a division of JH Cohn, and currently provides consulting services. Prior to that, Mr. Swartz served as managing partner and was on the national board of directors of a 50 office international accounting firm. Mr. Swartz is also a former chief financial officer of a publicly held shopping center and development company.
John Crues	Dr. John V. Crues, III, M.D., is Vice President, Medical Director and Director of RadNet Inc. Dr. Crues received his M.D. at Harvard University, completed his internship at the University of Southern California in Internal Medicine, and completed a residency at Cedars-Sinai in Internal Medicine and Radiology. Dr. Crues has authored numerous publications while continuing to actively participate in radiological societies such as the Radiological Society of North America, American College of Radiology, California Radiological Society, International Society for Magnetic Resonance Medicine and the International Skeletal Society. Dr. Crues is also currently Co-President of Pronet Imaging Medical Group and a director of BRMG.
Marvin Cadwell	Mr. Marvin S. Cadwell has served as Independent Director of RadNet, Inc. He served as a director of Radiologix, Inc. between June 2002 and November 2006, until its acquisition by the Company. He was appointed Chairman of the Board of Radiologix in December 2002 and served as Chairman of the Nominations and Governance Committee of the Board of Radiologix. He was the Radiologix interim Chief Executive Officer from September 2004 until November 2004. From December 2001 until November 2002, Mr. Cadwell served as Chief Executive Officer of SoftWatch, Ltd., an Israeli based company that provides Internet software. Since 2003, he has served as a director of ChartOne, Inc., a private company that provides patient chart management services to the healthcare industry.
Lawrence Levitt	Mr. Lawrence L. Levitt is Independent Director of RadNet, Inc., since 2005. He is a certified public accountant and received his MBA in Accounting from the University of California Los Angeles. Since 1987, Mr. Levitt has been the President and Chief Financial Officer of Canyon Management Company, a company which manages a privately held investment fund. Mr. Levitt is also a director of River Downs Management Company, a private company that operates a thoroughbred racetrack in Ohio.
Michael Sherman	Dr. Michael L. Sherman, M.D., is Independent Director of RadNet, Inc. He served as a director of Radiologix from 1997 until November 2006. He founded and served as President of Advanced Radiology, P.A., a 90-person radiology practice located in Baltimore, Maryland, from its inception in 1995 to 2001, and subsequently as its board chairman and a consultant until his retirement from active clinical practice in 2005. In addition, Dr. Sherman was a director of MedStar Health, a ten-hospital system in the Baltimore-Washington, D.C. area from 1998 until 2006 and served as a director of Medstar’s captive insurance company until 2011. Dr. Sherman has trained as a mediator and runs Medical Mediation, LLC through which he has mediated professional liability and business cases. He was a director of HX Technologies, a healthcare IT private company, from 2006 until its sale in 2010.

Basic Compensation

Name	Fiscal Year Total
Howard Berger	640,336
Mark Stolper	598,766
Jeffrey Linden	631,666
Norman Hames	616,856
Stephen Forthuber	607,641
Michael Murdock	--
David Swartz	--
John Crues	555,870
Marvin Cadwell	--
Lawrence Levitt	--
Michael Sherman	--

As Of 30 Dec 2011

Options Compensation

Name	Options	Value
Howard Berger	343,200	0
Mark Stolper	100,000	180,000
Jeffrey Linden	289,750	1,290,125
Norman Hames	3,000,000	0
Stephen Forthuber	0	0
Michael Murdock	0	0
David Swartz	0	0
John Crues	560,344	2,086,000
Marvin Cadwell	0	0
Lawrence Levitt	0	0
Michael Sherman	0	0

Insider Trading

Name	Shares Traded	Price
STOLPER MARK D	55,300	$2.41
STOLPER MARK D	19,700	$2.50
HAMES NORMAN R	38,666	$2.50
HAMES NORMAN R	3,000	$2.75
HFB ENTERPRISES L L C	7,000	$0.00
HAMES NORMAN R	1,172,898	$1.12
HAMES NORMAN R	274,184	$3.08
MURDOCK MICHAEL N	40,000	$0.00
STOLPER MARK D	50,000	$0.00
LINDEN JEFFREY L	55,000	$0.00
FORTHUBER STEPHEN M	50,000	$0.00
CRUES JOHN V III	50,000	$0.00
HAMES NORMAN R	50,000	$0.00
LEVITT LAWRENCE L	50,000	$0.00
CADWELL MARVIN STUART	50,000	$0.00
SWARTZ DAVID L	50,000	$0.00
SHERMAN MICHAEL L	50,000	$0.00
LINDEN JEFFREY L	47,500	$0.00
LINDEN JEFFREY L	250,000	$2.52
LINDEN JEFFREY L	175,978	$3.58
HAMES NORMAN R	25,000	$3.36
BERGER HOWARD G FRAN	2,000	$0.00
SWARTZ DAVID L	50,000	$0.00
SHERMAN MICHAEL L	50,000	$0.00
STOLPER MARK D	75,000	$0.00

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People: RadNet Inc (RDNT.W)

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Summary

Biographies

Basic Compensation

Options Compensation

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