People: VirtualScopics Inc (VSCP.O)

VSCP.O on Consolidated Issue listed on NASDAQ Capital Market

4.51USD
2 Sep 2014
Price Change (% chg)

-- (+0.00%)
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$4.51
Open
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Volume
7,727
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5,744
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$5.85
52-wk Low
$2.93

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Summary

Name Age Since Current Position

Charles Phelps

71 2014 Independent Chairman of the Board

Eric Converse

48 2014 President, Chief Executive Officer, Director

James Groff

44 2014 Chief Financial Officer

Bruce Lev

70 2013 Independent Director

David Rubin

49 2012 Independent Director

Terence Walts

2005 Independent Director

Donna Stein

2014 IR Contact Officer

Biographies

Name Description

Charles Phelps

Dr. Charles E. Phelps, Ph.D., serves as an Independent Chairman of the Board of VirtualScopics Inc., since June 20, 2014. Dr. Phelps has served as a director of the company since December 2005. Dr. Phelps, University Professor and Provost Emeritus at the University of Rochester, retired from the position of provost of the University of Rochester in July 2007, a position he had held since 1994. Prior to that, Dr. Phelps was the chair of the Department of Community and Preventive Medicine—now the Department of Public Health Sciences--in the University of Rochester’s School of Medicine and Dentistry, and Director of the University’s Public Policy Analysis Program. Before joining the University of Rochester in 1984, Dr. Phelps was Senior Staff Economist at the RAND Corporation. Dr. Phelps has a bachelor’s degree in mathematics from Pomona College, an MBA in hospital administration from the University of Chicago, and a Ph.D. in business economics from the University of Chicago. Dr. Phelps was elected to the Institute of Medicine of the National Academy of Sciences in 1991, and in the same year, as Fellow of the National Bureau of Economic Research. He is widely regarded as a leading figure in the field of health economics. He has also testified before the U.S. Congress on three occasions regarding reform of U.S. patent and other intellectual property law on behalf of the Association of American Universities (AAU) and the American Association of Medical Colleges (AAMC). Dr. Phelps has previously served on the Board of Directors of Reflex Security, Inc.; the Center for Research Libraries; and the Council for Library and Information Resources, including Board Chair for two years.

Eric Converse

Mr. Eric Converse is President, Chief Executive Officer, Director of the Company. Mr. Converse joined the company's Board of Directors in August 2013 and has held the positions of interim president and chief executive officer since October 25, 2013. Mr. Converse has more than 20 years of hands-on management experience working with early-stage companies across a wide range of industries. He received his bachelor's degree from Michigan State University and attended Erasmus University in Rotterdam, The Netherlands.

James Groff

Mr. James Groff has been appointed as Chief Financial Officer of VirtualScopics, Inc., effective August 21, 2014. Mr. Groff has held the role of acting chief financial officer since August 2013. He joined VirtualScopics in January 2006 as an accounting manager and was promoted to controller in February 2013. Mr. Groff has more than 20 years of managerial accounting experience in manufacturing, banking and business service disciplines. He received a B.S. degree in Accounting from the College at Brockport, The State University of New York.

Bruce Lev

Mr. Bruce L. Lev is Independent Director of the company. He has served as a director of the Company since August, 2013. Mr. Lev is a Managing Director of Loeb Partners Corp., New York City. Prior thereto he was Vice Chairman and Director of USCO Logistics, which business was sold to global freight forwarder Kuhne & Nagel in 2001. From 1995 through early 2000, he was Executive Vice President of Corporate and Legal Affairs of Micro Warehouse Inc., a $2.5 billion direct marketer of brand name personal computers and accessories to commercial and consumer markets. He also served on Micro Warehouse’s four-person Executive Committee with global responsibility for legal and regulatory affairs, human resources, corporate communications, risk management and facilities. From 1995 through 2002 he was also a member of the Board of Directors of the Roper Organization and served on the Board of the Direct Marketing Association. Prior to 1995, Mr. Lev was engaged in the private practice of law. He is a 1965 graduate of Wesleyan University in Middletown, Connecticut, and a 1968 graduate of the University Of Virginia School Of Law. Mr. Lev was Vice Chairman of AirDat, LLC, a privately held company recently sold to Panasonic Avionics Corporation, which provides weather forecasting and business risk solutions for commercial and military users. Until its sale to Kratos, Inc., Mr. Lev was on the Board of Directors of Integral Systems Inc. (NASDAQ: ISYS) a leading global provider of satellite ground based command and control systems for commercial and military customers. At Integral, he served on the Audit Committee and was Chairman of the Compensation Committee. He also serves as Non-Executive Co-Chairman of Albertine Enterprises, a Washington DC based consulting firm.

David Rubin

Dr. David Rubin, Ph.D., serves as an Independent Director of VirtualScopics Inc., since April 3, 2012. Dr. Rubin has been an investment principal in Merck's Global Healthcare Innovation Fund since September 2010. Dr. Rubin joined Merck in 2007 as Director of Franchise and Portfolio Management. Previously, Dr. Rubin was CEO and President, from 2000 through 2005, and CSO and SVP of Product Management, from 2006 through 2007, of Cognia Corporation, a bioinformatics company supporting biopharmaceutical research and development. Previously, Dr. Rubin was at The Wilkerson Group/IBM Global Services in a Strategic Management position, servicing a broad range of health care companies. Dr. Rubin holds a Ph.D. from Temple University in Molecular Biology and a B.A. from SUNY Binghamton in Biology. He was an National Institutes of Health and American Cancer Society Post-Doctoral fellow at Harvard Medical School, where he worked on the Ubiquitin Proteasome Pathway.

Terence Walts

Mr. Terence A. Walts serves as an Independent Director of VirtualScopics Inc., since December 8, 2005. Mr. Walts is President, CEO and Director of Transfusion & Transplantation Technologies LLC (“3Ti”), a medical device/diagnostics company developing next generation automated blood analyzer technology and associated consumables for the pre-transfusion/immunohematology market. Prior to joining 3Ti, Mr. Walts served for three years and until late 2005 as President, CEO of Refocus Group, Inc., (OTCBB: RFCS) an eye care company developing a surgical procedure for presbyopia and glaucoma. Prior to that position, Mr. Walts acted as a consultant to medical startup companies and held positions with, among others, Oncose, Inc., an in-vitro diagnostics company, PointDx, a virtual colonoscopy and structural radiology reporting software company, and Medjet, Inc., an early stage medical devices company. He served as Senior Vice President of CIBA Vision (Novartis), a diversified eye care company from 1988 to 1998. He holds a BS in Marketing from Indiana University and a MBA from the University of Notre Dame.

Donna Stein

Basic Compensation

Name Fiscal Year Total

Charles Phelps

--

Eric Converse

81,512

James Groff

144,756

Bruce Lev

--

David Rubin

--

Terence Walts

--

Donna Stein

--
As Of 30 Dec 2013

Options Compensation

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