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Transcontinental Realty Investors Inc (TCI)

TCI on New York Consolidated

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25 Jul 2017
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Summary

Name Age Since Current Position

Henry Butler

66 2009 Chairman of the Board

Daniel Moos

66 2010 President, Chief Executive Officer

Louis Corna

69 2004 Executive Vice President, General Counsel/Tax Counsel, Secretary

Gene Bertcher

68 2013 Chief Financial Officer, Executive Vice President, Treasurer

Robert Jakuszewski

54 2005 Independent Director

Ted Munselle

61 2012 Independent Director

Raymond Roberts

84 2016 Independent Director

Biographies

Name Description

Henry Butler

Mr. Henry A. Butler serves as Chairman of the Board of Transcontinental Realty Investors Inc., since May 28, 2009. He is Vice President Land Sales for Pillar Income Asset Management, LLC (since April 2011), and its predecessor, Prime Income Asset Management, LLC (July 2003 to April 2011). Mr. Butler is Chairman of the Board (since May 28, 2009) and a Director (since December 2001) of the Company. He is also Chairman of the Board (since May 2009) and a Director (since July 2003) of ARL and Chairman of the Board (since May 2011) and a Director (since February 2011) of IOT.

Daniel Moos

Mr. Daniel J. Moos is the President, Chief Executive Officer of Transcontinental Realty Investors Inc. He served Chief Operating Officer (April 2007 to March 2010) of ARL, IOT, and the Company; President (since December 2010), Chief Executive Officer (since March 2011), Treasurer (since October 2013), and Director (December 2010 to March 2011) of Pillar; Senior Vice President and Business Line Manager for U.S. Bancorp (NYSE:USB) working out of their office in Houston, Texas from 2003 to April 2007: Executive Vice President and Chief Financial Officer, Fleetcor Technologies, a privately held transaction processing company that was headquartered in New Orleans, Louisiana from 1998 to 2003; Senior Vice President and Chief Financial Officer, ICSA, a privately held internet security and information company headquartered in Carlisle, Pennsylvania from 1996 to 1998; and for more than ten years prior thereto was employed in various financial and operating roles for PhoneTel Technologies, Inc.

Louis Corna

Mr. Louis J. Corna serves as Executive Vice President, General Counsel /Tax Counsel and Secretary of Transcontinental Realty Investors Inc., since February 2004. He is Executive Vice President—General Counsel/Tax Counsel and Secretary (since February 2004) of the Company, ARL and IOT. Executive Vice President—Tax (since April 30 2011) of Pillar. Mr. Corna was also a Director and Vice President (June 2004 to December 2010) and Secretary (January 2005 to December 2010) of First Equity Properties, Inc., a Nevada corporation with securities registered under Section 12(g) of the Exchange Act.

Gene Bertcher

Mr. Gene S. Bertcher serves as Chief Financial Officer, Executive Vice President, Treasurer of Transcontinental Realty Investors Inc. Prior there to (from February 2008 to March 2008) he was Executive Vice President and Interim Chief Financial Officer of the Company, ARL and IOT. Mr. Bertcher is also Chief Executive Officer (since December 2006), Chief Financial Officer (since November 1989) and a Director (since June 1999) of New Concept Energy, Inc. (“NCE”), a Nevada corporation which has its common stock listed on the NYSE MKT. Mr. Bertcher has been employed by NCE since November 1989. He is a Certified Public Accountant (since 1973).

Robert Jakuszewski

Mr. Robert A. Jakuszewski serves as an Independent Director of Transcontinental Realty Investors Inc., since November 22, 2005. He was a medical specialist (from January 2014 to April 2015) for VAYA Pharma, Inc.; Senior Medical Liaison for Vein Clinics of America (January 2013 to July 2013); Vice President of Sales and Marketing (September 1998 to December 2012) for New Horizons Communications, Inc.; Consultant (January 1998 - September 1998) for New Horizon Communications, Inc.; Regional Sales Manager (1996-1998) for Continental Funding; Territory Manager (1992-1996) for Sigvaris, Inc.; Senior Sales Representative (1988-1992) for Mead Johnson Nutritional Division, USPNG; and Sales Representative (1986-1987) for Muro Pharmaceutical, Inc. Mr. Jakuszewski has been a director of IOT since March 16, 2004, and a director of the Company and ARL since November 22, 2005.

Ted Munselle

Mr. Ted. R. Munselle serves as an Independent Director of Transcontinental Realty Investors Inc., since February 2004. Mr. Munselle is Vice President and Chief Financial Officer (since October 1998) of Landmark Nurseries, Inc. On February 17, 2012, he was appointed as a member of the Board of Directors for Spindletop Oil & Gas Company and as Chairman of their Audit Committee. Spindletop’s stock is traded on the Over-the-Counter (OTC) market. He is a certified public accountant (since 1980). Mr. Munselle has been a Director of the Company since his election on February 20, 2004. He is also a Director of ARL (since February 20, 2004) and a Director of IOT (since May 21, 2009). Mr. Munselle is qualified as an Audit Committee financial expert within the meaning of SEC regulations and the Board of Directors of TCI has determined that he has accounting and related financial management expertise within the meaning of the listing standards of the NYSE.

Raymond Roberts

Mr. Raymond Roberts, Sr. is Independent Director of the Company. Mr. Roberts is currently retired. For more than five years prior to December 31, 2014, he was Director of Aviation of Stellar Aviation, Inc., a privately held Nevada corporation, engaged in the business of aircraft (Boeing 737) and logistical management. Mr. Roberts is also a Director of ARL and IOT (each, since June 2, 2016) and New Concept Energy, Inc. (since June 17, 2015), a publicly held Nevada corporation, whose stock is listed and traded on the NYSE MKT.

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