As impressive as Korell's resume is let's not forget about the rest of the management team. This just keeps getting better and better:
Stephen J. Sogin, Ph.D., 55, has been a Director of the Company since March, 1990. From 1982 until 1995, he was a general partner of the entity that was the general partner of Montgomery Medical Ventures 11, formerly a significant Finet shareholder. Dr. Sogin is the author of over 30 scientific papers on theoretical and applied microbiology and is a member of the American Society for Microbiology and the American Association for the Advancement of Science. Dr. Sogin is also a Director of Osteotech, Inc.
L. Daniel Rawitch, 39, served as a Director since September, 1994 and as Chief Executive Officer from May, 1995 through October, 1998, when he became President. He acquired the operating rights to Residential Pacific Mortgage, Inc. in 1989 and served as its Chief Executive Officer until it was acquired by the Company in August, 1994, at which time he became Vice Chairman of the Company and focused on marketing capabilities development.
Jan C. Hoeffel, 62, was a founder and President of Finex Corporation, a technology-oriented mortgage broker acquired by the Company in December, 1991, after which he served as Executive Vice President until resigning in mid-1992. He rejoined the Company in mid-1995 and became President and a Director in November, 1995, while also serving as President from that time until October, 1998. He is a Director and major shareholder of Typography Express, a computer-based national service bureau for graphic arts professionals, and a Director and majority shareholder of San Luis Avionics, Inc., an FAA certified repair station providing avionics sales, installation and maintenance for general aviation aircraft.
Joseí Philipe Guedes, 51, became a Director in January, 1997. Mr. Guedes is Managing Partner of Ceramic, a ceramic tile manufacturer, and Pinto Basil, a real estate investment firm. From 1982-1995, he was Chief Executive Officer of Cerexport/Vista Alegre, a ceramic manufacturer refining firm. He earned a degree in chemical engineering from the University of Lisbon and has served as a Director of R. Schedel, a Lisbon Stock Exchange broker, and SOCI, a newspaper publisher, and is a past President of the Portuguese Ceramic Manufacturers Association.
S. Lewis Meyer, Ph.D., 54, became a Director in January, 1997. He is President and Chief Executive Officer of Imatron Inc., a public, technology-based company engaged in designing, manufacturing and marketing a high performance computed tomography scanner which utilizes proprietary, electron beam tomography technology. Mr. Meyer received a B.S. in Physics from the University of Pacific and a M.S. and Ph.D. in Physics from Purdue University. Mr. Meyer is also a Director of BSD Medical Corporation, a publicly-held company in the business of developing and marketing products utilizing hyperthemia technology for the treatment of a variety of diseases.
Gary A. Palmer, 45 He has held senior financial positions at Freddie Mac, Imperial Savings and Southern Pacific Funding. He has experience in both small and large companies and specific expertise in financial planning and analysis, treasury functions and strategic planning. Palmer earned a BS from the University of Vermont and an MBA from the University of North Carolina ñChapel Hill.
GARY A. PALMER has been acting Chief Financial Officer of the Company since December 1998. From January 1997 to December 1998 he was an independent consultant. From October 1995 to December 1996 he served as Executive Vice President, Chief Financial Officer and Secretary of Southern Pacific Funding Corporation. From January 1993 to February 1995, Mr. Palmer served as Senior Vice President and Treasurer of Gentra Capital Corporation and as a director of Columbia River Service Corporation. From June 1990 to December 1992, he served as Senior Vice President and Treasurer of Pacific First Bank. From December 1985 to January 1990, Mr.Palmer served as Senior Vice President, Capital Markets of Imperial Savings Association and as a director of Imperial Capital Markets, Inc., Imperial Investment Advisors, Inc. and Caywood-Christian Capital Management. From April 1980 to November 1985, he served in various positions at the Federal Home Loan Mortgage Corporation, most recently as Director, Financial Strategy.
Michael G. Conway, 49, became Finet's Executive Vice President - Capital Markets in October, 1998. Mr. Conway was Executive Vice President, Marketing for North American Mortgage Company (formerly IMCO Realty Services, Inc. and Wells Fargo Mortgage) from August, 1985 to October, 1997. During his tenure at North American, Mr. Conway was responsible for product development and pricing, hedging, and selling residential loan production. Mr. Conway earned an MBA in Management and Finance from UCLA.
Thomas L. Porter, 51, is the Company's Executive Vice President - Finance and Administration. From December, 1996 until joining Finet in August, 1998 he was Vice President - Financial Planning & Analysis with Medaphis Corporation, a publicly-held, health services provider. Earlier he was Controller of IBM's 19,000 employee National Service Division and Director of Business Services for its Corporate Financial Systems Group until September, 1993, then Senior Vice President - Finance for McKesson's $8 billion Drug Company from June, 1994 to June, 1996. He received an MBA in Finance/Marketing from Columbia.
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