Board of Directors
The Board currently consists of one executive and two non-executive directors. Biographies of the directors are provided below. The Board and its Nomination Committee are and will remain mindful of ensuring that the Board is appropriately balanced and composed of suitably qualified and experienced executives and non-executives as circumstances dictate. Currently the Board considers that each of its non-executive directors brings wide and varied experience to the Boards and its Committees.
Norman M. Phipps joined BSG as CFO in 2003 and was named CEO in 2012. He brings nearly 30 years of executive experience to the Company. Prior to joining BSG, Norm was affiliated with Avery Communications, Inc., one of four predecessor companies that joined together in December 2003 to form Billing Services Group. Mr Phipps' prior experience includes executive management and operational positions at a communications equipment manufacturer in which Mr. Phipps sold a controlling interest to a NYSE-listed company in 2000. Mr. Phipps has also run a private investment fund and served in senior management positions at CIBC World Markets and Citicorp, where he was responsible for investment banking activities and lending or investing at all levels of the capital structure in leveraged credits. Mr Phipps became an Executive Director effective May 31, 2012.
Denham H. N. Eke is the Managing Director of Burnbrae Group Limited, a private international asset managment company. Mr Eke began his career in stockbroking with Sheppards & Chase before moving into corporate planning for Hogg Robinson plc, a multinational insurance broker. He is a director of many years of both public and private companies involved in the financial services, property, mining, and manufacturing sectors. He is Chairman of Webis Holdings PLC, Chief Executive Officer of Manx Financial Group PLC, and Chief Finance Officer of Port Erin Biopharma Investments Limited - all quoted on the London AIM Market.
Jason R. Wolff is the President of Frontier Radio Management, a private investment vehicle which he established in order to make value-oriented investments. Frontier and its affiliates currently own and operate sixteen radio stations in California, Arizona and Hawaii as well as television stations in Arizona, California, Idaho, Louisiana and Mississippi. Mr. Wolff is also the co-founder of Encina Business Credit, a non-bank asset-based lender, and Encina Equipment Finance, a mid-ticet equpment finance company. Prior to founding Frontier, Mr. Wolff spent nearly ten years as a direct investor working for traditional private equity funds, hedge funds and private family investment groups. Most recently Mr. Wolff was based in London as a partner and director of an $800 million private equity fund which was focused on the communications and media sectors. Previously Mr. Wolff was an investment analyst at The Baupost Group where he was responsible for a broad range of liquid and illiquid investments.