Edition:
United States

Exela Technologies Inc (XELA.OQ)

XELA.OQ on NASDAQ Stock Exchange Capital Market

6.34USD
19 Oct 2018
Change (% chg)

-- (--)
Prev Close
$6.34
Open
--
Day's High
--
Day's Low
--
Volume
--
Avg. Vol
104,619
52-wk High
$7.34
52-wk Low
$4.15

Summary

Name Age Since Current Position

Suresh Yannamani

52 2018 President

Ronald Cogburn

62 2017 Chief Executive Officer, Director

Jim Reynolds

49 2017 Chief Financial Officer, Director

Mark Fairchild

58 2018 President, Exela Enterprise Solutions

Shrikant Sortur

45 2018 Executive Vice President - Global Finance

Joshua Black

31 2017 Independent Director

Par Chadha

63 2017 Independent Director

Gordon Coburn

54 2017 Independent Director

Nathaniel Lipman

54 2017 Independent Director

Matthew Nord

39 2017 Independent Director

John Rexford

61 2017 Independent Director

Jim Mathias

2017 VP - IR Contact Officer

Biographies

Name Description

Suresh Yannamani

Mr. Suresh Yannamani is the President of the Company. Prior to Exela, he served as President, Americas of SourceHOV starting in 2011, and has been a part of companies that were predecessors to SourceHOV since 1997. Mr. Yannamani oversees the region's sales and operations, and plays a large part in scaling the transaction processing solutions (TPS) practice and enterprise solution strategy for healthcare, financial services, and commercial industries. Prior to his current role, Mr. Yannamani was President of HOV Services, LLC from 2007 to 2011, serving clients in the healthcare, financial services, insurance, and commercial industries. Mr. Yannamani was the Executive Vice President of BPO services for Lason, which was subsequently acquired by HOV Services, LLC from 1997 to 2007. Mr. Yannamani also served in management roles at IBM from 1995 to 1997, managing the design, development, and implementation of financial management information systems for the Public Sector, and worked for Coopers & Lybrand as a consultant in public audits from 1992 to 1994. Mr. Yannamani has a bachelor's degree in Chemistry from the University of London and holds an MBA from Eastern Michigan University.

Ronald Cogburn

Mr. Ronald Clark Cogburn is the Chief Executive Officer, Director of the Company. Mr. Cogburn served as Chief Executive Officer of SourceHOV from 2013 until the closing of the business combination (the "Business Combination") among Exela, SourceHOV Holdings, Inc. ("SourceHOV"), and Novitex Holdings, Inc. ("Novitex") on July 12, 2017. Mr. Cogburn has been part of companies that were predecessors to SourceHOV since 1993, bringing over 30 years of diversified experience in executive management, construction claims consulting, litigation support, program management project management, cost estimating, damages assessment and general building construction. Mr. Cogburn has also been the President of Meridian Consulting Group, LLC since January 1998 and a principal of HGM since 2003. Prior to his role as Chief Executive Officer of SourceHOV, Mr. Cogburn was SourceHOV's President, KPO from March 2011 to July 2013. Prior to this role, Mr. Cogburn was the President of HOV Services, LLC from January 2005 to September 2007, providing executive leadership during the company's growth to its IPO on the India Stock Exchange in September 2006. We believe that Mr. Cogburn's significant, diversified business experience in Exela's industry make him well-qualified to serve as a director of Exela. Mr. Cogburn has a BSCE in Structural Design/Construction Management from Texas A&M University and is a registered Professional Engineer.

Jim Reynolds

Mr. Jim Reynolds is the Chief Financial Officer, Director of the Company. Mr. Reynolds is the Chief Financial Officer of Exela and has served in that role since the closing of the Business Combination. Mr. Reynolds served as Co-Chairman of SourceHOV from 2014 until the closing of the Business Combination in 2017. Mr. Reynolds is also the Chief Operating Officer and a Partner at HGM, bringing over 25 years of industry experience to the team. Prior to HGM Mr. Reynolds held numerous executive management or senior advisory positions at SourceHOV and its related subsidiaries and predecessor companies, including serving as Chief Financial Officer for HOV Services, LLC from 2007 to 2011 and Vice President and Corporate Controller for Lason from 2001 to 2006. Mr. Reynolds was a Senior Manager in the Business Advisory Services Practice at PricewaterhouseCoopers from 1990 to 2001. Mr. Reynolds served as Co-Chairman of SourceHOV from 2014 until the closing of the Business Combination in 2017. We believe that Mr. Reynold's significant industry and management experience make him well-qualified to serve as a director of the Company. Mr. Reynolds is a C.P.A. and holds a B.S. in Accounting from Michigan State University.

Mark Fairchild

Mr. Mark Fairchild is the President, Exela Enterprise Solutions of the Company. He leads company's global efforts. Prior to Exela, he served as President, Europe for SourceHOV, a role he held starting with the merger of BancTec and SourceHOV in 2014. Prior to this merger, Mark served in management roles at BancTec since 1985. With over 30 years of executive experience in the financial services industry, Mr. Fairchild specializes in global account management, transaction processing services, software solutions, and hardware technology products. In 2005, Mr. Fairchild was appointed Chief Technology Officer of BancTec, and was responsible for the company's software and hardware products, manufacturing, and internal IT services until 2014. Prior to this role, Mr. Fairchild acted as Vice President for International Operations from 2001 to 2005 and VP of European Operations from 1998 to 2001. In his role as International Systems Director from 1991 to 1998, Mr. Fairchild led the European software teams, implementing payment platforms throughout the region. As Director of Engineering of BancTec from 1989 to 1991, Mr. Fairchild led the research and development team that introduced a new high-speed digital image processing system that formed the base of BancTec's ImageFIRST product portfolio. Mr. Fairchild joined BancTec as a Project Manager, a position he held from 1985 to 1986. He began his career as a software developer at British Aerospace, where he worked from 1981 to 1985. Mr. Fairchild graduated with honors from Manchester University with a bachelor's degree in aeronautical engineering and an MBA from London Business School.

Shrikant Sortur

Mr. Shrikant Sortur is an Executive Vice President - Global Finance of the Company. He is responsible for SourceHOV's finance and accounting groups, a role in which he leads financial operations, activities, plans, and budgets. Mr. Sortur's career spans more than 19 years of varied experience in financial management, accounting, reporting, and lean operations. Mr. Sortur has served in management roles in predecessor companies to SourceHOV since 2002. Prior to his current role, Mr. Sortur acted as Vice President of Finance from 2015 to 2016. Mr. Sortur acted as Director of Financial Planning and Analysis, TPS from 2014 to 2015. Prior to this role, he was the Director of Financial Planning and Analysis, North America Operations, from 2012 to 2013. Mr. Sortur acted as Controller for HOV Global from 2009 to 2011. Mr. Sortur was a Senior Accounting Manager for HOV Services, LLC / Lason, Inc. from 2004 to 2008, and worked for the SourceHOV group as a Manager, Finance and Accounts for Lason India, Ltd. from 2002 to 2014. From 1999 to 2002, Mr. Sortur served as General Manager, Finance at SRM Technologies, a business solutions and technology provider specializing in software design and development, systems integration, web services, enterprise mobilization, and embedded solutions development. From 1997 to 1999, Mr. Sortur served as Junior Manager, Finance and Accounting for Steel Authority of India, a large state-owned steel making company based in New Delhi, India. Mr. Sortur graduated from Osmania University with a bachelor's degree in accounting and is a Certified Public Accountant (CPA), Chartered Accountant (CA), and Certified Management Accountant (CMA).

Joshua Black

Mr. Joshua M. Black is an Independent Director of the Company. Mr. Black is a Principal of Apollo, where he has been employed since 2011. From 2010 to 2011, Mr. Black was a member of the Leveraged Finance Group of Goldman, Sachs & Co. From 2008 to 2010, Mr. Black was a member of the Financial Institutions Group within the Investment Banking Division of Goldman, Sachs & Co. He is Director of Environmental Solutions Worldwide, Inc., a public company, from January 2011 to March 2015 and Athene USA Corporation from October 1, 2013 to January 22, 2015. We believe Mr. Black's significant investment and financial expertise make him well-qualified to serve as a director of Exela. Mr. Black graduated cum laude with a B.A. in Religion from Princeton University.

Par Chadha

Mr. Par Chadha is an Independent Director of the Company. Mr. Chadha is the Chairman of our board of directors and is the founder, Chief Executive Officer and Chief Investment Officer of HGM, a family office, formed in 2001, and the principal stockholder of SourceHOV immediately prior to the Business Combination on July 12, 2017. Mr. Chadha also served as Chairman of SourceHOV from 2011 until the closing of the Business Combination. Mr. Chadha brings over 40 years of experience in building businesses in the Americas, Europe and Asia, including execution of mergers and acquisitions, integration of businesses and public offerings. Mr. Chadha is co-founder and owner of Rule 14, LLC, a leading big data mining and automation company formed in 2011, and during his career, Mr. Chadha has founded or co-founded other technology companies in the fields of metro optical networks, systems-on-silicon and communications. Through HGM, Mr. Chadha previously participated in director and executive roles in joint ventures with major financial and investment institutions, including Apollo, as well as other portfolio companies of HGM, and currently holds and manages investments in evolving financial technology, health technology and communications industries. Since 2005, Mr. Chadha has served as a Director of HOV Services Limited, a company listed on the National Stock exchange of India, acting as its Chairman from 2009 to 2011. We believe Mr. Chadha's significant experience in the public information technology and business services industry and his experience with mergers and integration of businesses make him well-qualified to serve as a director of Exela. Mr. Chadha holds a B.S. in electrical engineering from Punjab Engineering College, India.

Gordon Coburn

Mr. Gordon J. Coburn is an Independent Director of the Company. Mr. Coburn is an Operating Executive for the Carlyle Group, which he joined in December 2017. He has also served as the Executive Chairman of ZeroChaos, LLC since August 2017. Mr. Coburn previously held numerous executive management positions in Cognizant Technology Solutions Corporation, a professional services company, from 1998 to 2016, including serving as President from 2012 to 2016, Chief Operating Officer from 2007 to 2012, Chief Financial Officer and Treasurer from 1998 to 2012, Executive Vice President from 2003 to 2006 and Senior Vice President from 1999 to 2003. Mr. Coburn has served as a director of ProKarm, Inc. since February 2018. Mr. Coburn has also served as a director of CEB Inc. from 2007 until its acquisition in April 2017, director of US2020 from 2013 to 2015, director of TechAmerica from 2009 to 2013, director of ICT Group, Inc. from 2005 until its acquisition in 2010 and director of Information Technology Association of America from 2005 to 2008. We believe that Mr. Coburn's experience as a director and as an officer of a major public information technology and business services firm make him well-qualified to serve as a director of Exela. Mr. Coburn holds a Bachelor of Arts degree from Wesleyan University and a Master of Business Administration degree from the Amos Tuck School at Dartmouth College, where he serves as a member of its MBA Advisory Board.

Nathaniel Lipman

Mr. Nathaniel J. Lipman is an Independent Director of the Company. Mr. Lipman has held numerous executive management or senior advisory positions in Affinion Group Holdings, Inc., a public company that provides customer engagement and loyalty solutions, and/or its predecessors and subsidiaries, including serving as its Chief Executive Officer from 2005 to 2012 and Executive Chairman of the board of directors from 2012 to November 2015. Since November 2015, Mr. Lipman has served as a consultant to Affinion Group Holdings, Inc. Since December 2015, Mr. Lipman has served as a Special Advisor to the Chairman of the Upside Travel Group, Inc., a business travel company, where he was a founding member of the Board of Managers. From 1996 to 1999, Mr. Lipman served as Senior Executive Vice President, Corporate Development and Strategic Planning for Planet Hollywood International, Inc., an entertainment and restaurant company. Prior to his tenure at Planet Hollywood, Mr. Lipman was Senior Vice President and General Counsel of House of Blues Entertainment, Inc., an entertainment and restaurant company, Senior Corporate Counsel at The Walt Disney Company, a diversified worldwide entertainment company, and a corporate associate at Skadden, Arps, Slate, Meagher and Flom, LLP. Mr. Lipman serves on the board of directors of Trusted Media Brands, Inc., Diamond Resorts International, Walker Innovations, Inc. and Redbox Automated Holdings, LLC. During the past five years, Mr. Lipman has also served as a director of EVERTEC, Inc. from September 2010 to April 2013 and Walker Digital Holdings, LLC from May 2013 to September 2013. Mr. Lipman also previously served as a director of Netmarket Group, Inc. We believe that Mr. Lipman's significant experience and numerous directorships make him well-qualified to serve as a director of Exela. Mr. Lipman received a Bachelor of Arts in Political Economy of Industrial Societies from the University of California, Berkeley and a J.D. from UCLA School of Law.

Matthew Nord

Mr. Matthew H. Nord is an Independent Director of the Company. Mr. Nord is a Senior Partner of Apollo, where he has been employed since 2003. From 2001 to 2003, Mr. Nord was a member of the Investment Banking division of Salomon Smith Barney Inc. Mr. Nord serves on the boards of directors of Presidio, Inc., The ADT Corporation, RegionalCare Hospital Partners Holdings, Inc. and West Corp. Mr. Nord also serves on the Board of Trustees of Montefiore Health System and on the Board of Overseers of the University of Pennsylvania's School of Design. Mr. Nord served as a Director of Novitex from July 2013 until the closing of the Business Combination in 2017. We believe that Mr. Nord's work at Apollo and his prior experience in investment banking and analyzing, financing and investing in public and private companies, makes him well-qualified to serve as a director of Exela. Mr. Nord graduated summa cum laude with a B.S. in Economics from the Wharton School of the University of Pennsylvania.

John Rexford

Mr. John H. Rexford is an Independent Director of the Company. Mr. Rexford is the Managing Director of Ramona Park Consulting LLC, which he founded in 2016. Mr. Rexford has over 36 years of finance experience that includes serving as Global M&A Head from 2010 to 2015 at the Xerox Corporation and serving in various positions at Affiliated Computer Services, Inc. (which was acquired by the Xerox Corporation), including Chief Financial Officer from 2006 to 2007, Executive Vice President from 2001 to 2009 and Senior Vice President of Mergers and Acquisitions from 1996 to 2001. We believe that Mr. Rexford's prior experiences give him an understanding of the business models, structures and attributes of Exela, as well as the risks and operating environment of Exela, which make him well-qualified to serve as a director of Exela. Mr. Rexford received a Bachelor of Business Administration from Southern Methodist University in 1979 and a MBA from SMU Cox School of Business in 1980.

Jim Mathias

Basic Compensation

Name Fiscal Year Total

Suresh Yannamani

325,000

Ronald Cogburn

325,000

Jim Reynolds

186,096

Mark Fairchild

400,000

Shrikant Sortur

319,198

Joshua Black

--

Par Chadha

94,602

Gordon Coburn

61,073

Nathaniel Lipman

64,665

Matthew Nord

--

John Rexford

56,283

Jim Mathias

--
As Of  30 Dec 2017