BNET Industries

Market Cap:$394.3M
Last Fiscal Year Sales:$779.9M
  • Public
  • US
Dow Jones Description

This corporation makes you the First to know the whole story. Founded in 2003 and headquartered in St. Petersburg, FL, First Advantage Corporation (NASDAQ-GS: FADV) is a provider of background testing services and other consumer credit services. It offers background screening services for new employees, drug testing, tenent screening, as well as driving reports. Through its First Advantage Investigative subsidiary, it provides investigative screenings for the detection of insurance fraud. The company employs about 3,800 people and it had 2005 revenue of $643.7 million. In June 2006, it acquired Accufacts Pre-Employment Screening, Inc.

Chief Executive Officer
Anand Nallathambi
Number of Employees 4,000
Contact Information

100 Carillon Pkwy

Ste 2400

Saint Petersburg, Florida 33716

www.fadv.com

(727) 214-3411

NAICS Code Credit Bureaus: 561450

Recent Events

  • First American acquires remaining 26% stake in First Advantage

    11/19/09 - Merger / Acquisition - View Story

  • First Advantage Corporation Reports Operating Results for the Third Quarter of 2009

    10/28/09 - Financial Announcement - View Story

  • First American Boosts Offer For 80%-Owned First Advantage

    10/08/09 - Merger / Acquisition - View Story

  • EnticeLabs Closes $2 Million in a Strategic Round of Investment Led by First Advantage

    9/30/09 - New Investment - View Story

  • Subcommittee Approves Federal Housing Administration Funding

    7/30/09 - Merger / Acquisition - View Story

  • The First American Corporation Reports Financial Results for the Second Quarter of 2009

    7/30/09 - Merger / Acquisition - View Story

  • First Advantage Corp. FADV reports 3rd Quarter ending September 2009 above estimates

    7/28/09 - Financial Announcement - View Story

  • Law Office of Brodsky & Smith, LLC Announces Investigation On Behalf of Shareholders of First...

    6/30/09 - Merger / Acquisition - View Story

  • UPDATE: First American Offers To Buy Rest Of First Advantage

    6/29/09 - Merger / Acquisition - View Story

News & Analysis

finance and first advantage corp. - All News and Analysis

Decision Makers

Name (plus bio) Position
Anand Nallathambi Chief Executive Officer
Akshaya Mehta Chief Operating Officer
David Wachtel CTO
H. Jake Mendelsohn CIO & Vice President
John Lamson CFO & Executive Vice President
Rick Masfield Chief Marketing Officer & Senior Vice President
Chuck Papageorgiou Executive Vice President, Intl Services
Jon Haber Executive Vice President
Neal Bruce Senior Vice President, Product Management
Patrick Colbert Senior Vice President of First Advantage Credco's Automotive & Specialty Markets Division
Anita Tefft Vice President, HR
Julie A. Waters Vice President
Lisa Steinbach Vice President
Mike Bryan Vice President of Operations
Nich Haber Vice President, Enterprise Sales
Thomas Milligan Vice President
Dean Lambert Director of Sales and Technology
John Cameron Director, Business Development
Marc Steinberg Director of Development
Renee Svec Director, Marketing & Corp Communications
Vangie Sison Media Director
Cindy Williams Manager, Investor Relations
Robert W. Bristol Agent
Donald E. Nickelson Director
J. David Chatham Director
John Long Chief Executive Officer
Lawrence Lenihan Director

Board of Directors

Name (plus bio) Position
Adelaide A. Sink Board of Directors
Barry Connelly Board of Directors
D Van Skilling Board of Directors
David Walker Board of Directors
Don Robert Board of Directors
Jill Kanin-Lovers Board of Directors

Anand K. Nallathambi serves as president and chief executive officer of First Advantage Corporation (NASDAQ: FADV). He joined First Advantage as president following the acquisition of First American's Credit Information Group (CIG) in September 2005, and was named chief executive officer in March 2007. Having joined First American in 1995, he has held various management and strategic business development positions, including the start up and development of the Appraisal Services unit, managing the Credit Information Group, and implementing the growth strategy of First American CREDCO. Nallathambi also serves on the board of directors of the Consumer Data Industry Association, an international trade association that represents consumer information companies. Nallathambi received his bachelor's degree in economics from Loyola University in Madras, India. He earned a master's degree in finance and marketing from California Lutheran University and has professional designations in systems analysis and international business from the University of California, Los Angeles.

Organization Position Status
First Advantage Corporation Chief Executive Officer Current
First American Intelligent Recovery Systems (Fairs) Chief Executive Officer Current
The First American Corporation Chief Executive Officer, First Advantage Corporation Current
The First American Corporation President, Risk Mitigation and Business Solutions Segment Current
First Advantage Corporation President Current
First American Consumer Products President Former
First American Intelligent Recovery Systems (Fairs) President Former
The First American Corporation President, Credit Info Segment Former
First American CREDCO Consumer Products Group President Former
First American Real Estate Information Services, Inc. Senior Vice President, Strategic and New Business Development Former
California Lutheran University master's degree in finance and marketing Former
California Lutheran University master's degree in finance and marketing Former
Loyola University Bachelor's Degree In Economics Former

Organization Position Status
First Advantage Corporation Chief Operating Officer Current
First Advantage Corporation Executive Vice President Former
Security Pacific Bank Vice President of Development Former

Organization Position Status
First Advantage Corporation CTO Current

Organization Position Status
First Advantage Corporation CIO & Vice President Current

John Lamson, chief financial officer and executive vice president since 2003. Prior to joining the company, Mr. Lamson served as chief financial officer of First American Real Estate Information Services Inc., a wholly-owned subsidiary of First American, a position he held from September 1997 to June 2003. Prior to joining First American, Mr. Lamson spent over five years as a self-employed consultant. Prior to that, Mr. Lamson served as chief financial officer of a financial institution and as a certified public accountant with Arthur Andersen Co. Mr. Lamson is a member of the American Institute of Certified Public Accountants and holds a Bachelor of Arts degree in business administration from the University of South Florida.

Organization Position Status
First Advantage Corporation CFO & Executive Vice President Current
US Search.com Inc. CFO Former

Organization Position Status
First Advantage Corporation Chief Marketing Officer & Senior Vice President Current

Organization Position Status
First Advantage Corporation Executive Vice President, Intl Services Current

Jon Haber, Executive Vice President of First Advantage Assessment Solutions (formerly SkillCheck) founded SkillCheck in 1988 and transformed the company from an independent publisher of nationally acclaimed computer reference books to an international leader in computer-based testing. Under Haber's leadership, SkillCheck assessment solutions leapfrogged available testing technology, offering superior performance-based testing, a broad multilingual product line, and unique customization capabilities. The SkillCheck portfolio of testing innovations coupled with Haber's unique ability to develop effective skills assessment programs for multinational organizations has earned the trust of thousands of companies, including two of the world's largest staffing organizations. Haber graduated with Honors from Wesleyan University with a B.S. in Chemistry. He is also the co-author of a new book from ISTE on the evolving role of technology in education.

Organization Position Status
First Advantage Corporation Executive Vice President Current
First Advantage Assessment Solutions Executive Vice President Current
Skillcheck, Inc. Executive Vice President, First Advantage Assessment Solutions Current
Skillcheck, Inc. Founder Current
Skillcheck, Inc. President and Chief Executive Officer Former
Wesleyan University B.S. In Chemistry. Former

Organization Position Status
First Advantage Corporation Senior Vice President, Product Management Current
Monster Worldwide, Inc. Vice President, Global Innovation Group Former

Organization Position Status
First Advantage CREDCO, LLC Senior Vice President of First Advantage Credco's Automotive & Specialty Markets Current
First Advantage Corporation Senior Vice President of First Advantage Credco's Automotive & Specialty Markets Division Current
Automotive Specialty Senior Vice President Former
McDaniel College Bachelor's Degree Former

Organization Position Status
First Advantage Corporation Vice President, HR Current

As general counsel, Ms. Waters is responsible for negotiating contract relationships with companies that are the subject of acquisition by First Advantage, advising on securities matters and managing the legal department, which includes regulatory and contract counsels. Ms. Waters gained extensive experience in these matters through her prior employment in Washington, D.C., as general counsel and secretary for a publicly traded wholesale floral distributor, U.S.A. Floral Products, Inc.; as in-house corporate counsel for TECO Energy, Inc.; and in-house corporate counsel for Spalding & Evenflo Companies, Inc., both located in Tampa, Fla. Ms. Waters received a bachelor's degree from the University of Virginia and holds a juris doctor degree from the George Washington University School of Law in Washington, D.C.

Organization Position Status
First Advantage Corporation Vice President Current
Internet Tax Group General Counsel and Vice President Current
Backtrack Reports General Counsel and Vice President Current
First Advantage's Litigation General Counsel and Vice President Current
Internet Tax Group General Counsel Former
TECO Energy, Inc. In, House Corporate Counsel Former
First Advantage Corporation General Counsel Former
Washington University School of Law Juris Doctor Degree Former
University of Virginia Bachelor's Degree Former

Lisa Steinbach, was appointed Vice President and Corporate Controller in 2003. Prior to joining the company, Ms. Steinbach was Controller of First American Real Estate Information Services Inc., a position she held since joining the company in 1997. Other prior experience includes over 12 years of increasing responsibility with certified public accountants Cherry Bekaert and Holland, Alfa Romeo Distributors of North America, and Eckerd Corporation. Ms. Steinbach is a certified public accountant in Florida and received her Accounting degree from Florida State University.

Organization Position Status
First Advantage Corporation Vice President Current
First Advantage Corporation Controller Former
First American Real Estate Information Services, Inc. Controller Former
Eckerd Corporation Certified Public Accountants Former
Cherry, Bekaert & Holland LLP Certified Public Accountants Former
Florida State University Degree Former

Mike has twelve years experience in the fields of marketing, product management, sales, technology, business development, and corporate strategy. Over the past seven years Mike has held leadership roles within solutions providers that were focused on harnessing the power of the Internet to achieve success. He has been with First Advantage since April 2001 and oversees the strategy and direction of the company with regards to innovative technology and service solutions specifically designed to solve recruiting problems. With responsibilities that range from R&D, Strategic Partnerships, Engineering, Product Management, Client Services and Support, Implementation, and Consulting, Mike is able to provide a well rounded perspective on recruiting solutions. Mike holds a Bachelor's Degree in Marketing and Distribution from Indiana University in addition to a Masters of Business Administration Degree from Indiana University's Kelley School of Business. (Back to top)

Organization Position Status
First Advantage Corporation Vice President of Operations Current
TruStar Solutions Vice President, Operations Former
TruStar Solutions Director, Prod Strategy Former
Indiana University Masters of Business Administration Degree Former
Indiana University Bachelor's Degree In Marketing and Distribution Former

Nich Haber joined SkillCheck (now First Advantage Assessment Solutions) in 1990 after graduating with Honors from Brandeis University. He successfully managed the creation of the SkillCheck international product line of multilingual performance-based tests for office software skills. In his current position, he has assumed overall responsibility for the company's national and international sales, significantly increasing domestic and overseas sales of both software testing products and Internet testing products and services. Through his work with enterprise-level clients, Haber has been able to offer customized solutions that meet the client's specific needs. Key clients with whom he has worked include the International Monetary Fund (IMF), the American Heart Association, Staffmark and the Federal Government of Belgium (SELOR).

Organization Position Status
First Advantage Corporation Vice President, Enterprise Sales Current
Skillcheck, Inc. Vice President, Enterprise Sales Current
First Advantage Assessment Solutions Vice President, Enterprise Sales Current
Staffmark Former
I.M.F., Inc. Former
International Monetary Fund Former
American Heart Association, Inc. Former
Brandeis University Former

Thomas Milligan, was appointed Vice President and Corporate Treasurer in 2003. He previously served as Treasurer of First American Real Estate Information Services, Inc. which he joined in January 1998. Among other duties, Mr. Milligan manages the corporate treasury function, and other financial management, planning and related analysis for the company. Prior to 1998, Mr. Milligan was Director of Finance for IMC Mortgage Company. Before joining IMC, he provided acquisition financing with Household Commercial Finance and worked in the Chicago office of Deloitte & Touche. Mr. Milligan received his undergraduate business degree from the University of Florida and an MBA from Keller Graduate School of Management. He is also a Certified Public Accountant.

Organization Position Status
First Advantage Corporation Vice President Current
First Advantage Corporation Treasurer Current
First American Real Estate Information Services, Inc. Treasurer Former
Keller Graduate School of Management MBA Former
University of Florida Undergraduate Business Degree Former
University of Florida Degree Former

Dean Lambert brings over 17 years of experience in software design, development and management to his role. Before joining SkillCheck (now First Advantage Assessment Solutions) in 1996, Lambert was Manager of Software Engineering at Software Horizons, where he worked for over a decade. Prior to that he graduated from New Hampshire Technical Institute, where he taught courses in C++ for five years. Under Lambert's direction, the SkillCheck product has witnessed a ten-fold increase in its product portfolio, software updates and releases. Lambert was also instrumental in the launch of SkillCheck online testing solutions. As technical liaison to the division’s largest customers, including some of the world's largest international staffing companies, Lambert plays a key role in developing effective custom aptitude testing solutions. Lambert’s leadership role in the Assessment Solutions Division sales and marketing initiatives led to a 47% increase in direct sales between 2004 and 2005.

Organization Position Status
First Advantage Corporation Director of Sales and Technology Current
First Advantage Assessment Solutions Director of Sales and Technology Current
Skillcheck, Inc. Chief Technology Officer Former
Skillcheck, Inc. Director of Sales and Technology Former
The Software Company Engineering Co Manager Former
Software Horizons, Inc. Manager Former
Skillcheck, Inc. Liaison Former

Organization Position Status
First Advantage Corporation Director, Business Development Current

Before joining SkillCheck (now First Advantage Assessment Solutions) in 1998, Marc Steinberg served as a senior developer and product development team leader for Qwiz, a major competitor of the SkillCheck product line in the computer-based testing market. Experienced in a variety of emerging technologies and standards including J2EE/Java, C/C++/MFC, CGI/perl/HTML, NT/Linux, and ODBC/SQL, he coordinates all programming and IT-related projects at SkillCheck. Steinberg began his tenure at the Assessment Solutions Division by designing a product-development system for generating test content. He currently directs the ongoing research and development efforts surrounding the corporate portal website and test content architecture. Steinberg holds a B.A. from Wesleyan University.

Organization Position Status
First Advantage Corporation Director of Development Current
Skillcheck, Inc. Director of Development Current
First Advantage Assessment Solutions Director of Development Current
Qwiz, Inc. Product Development Team Leader Former
Wesleyan University B.A. Former

Organization Position Status
First American Field Services Director, Marketing Current
First Advantage Corporation Director, Marketing & Corp Communications Current

Vangie is responsible for overseeing both the Marketing efforts of First Advantage Recruiting Solutions and the development and implementation of successful online recruitment advertising programs for our clients. She is a specialist in identifying, building, and creating revenue for online business through advertising and subscription revenue models. Vangie joined First Advantage in 2002. In her Marketing role, Vangie develops and implements strategic Marketing programs designed to create brand awareness, generate quality leads, and build partner alliances. As the lead for First Advantage Recruiting Solutions' recruitment advertising services, she oversees campaign research, creative development, and continuous optimization of clients' campaigns. Vangie has over 18 years of experience in the media industry in sales and management for broadcast groups like Hoker, Phoenix, Pilgrim, Cromwell, Oak Ridge Boys Broadcasting, and Clear Channel Worldwide. Prior to coming on board, Vangie managed Interactive sales efforts for 200 radio stations in the Midwest region as the Director of Regional Sales for Clear Channel Worldwide. She holds a Bachelor of Science degree in Marketing with a special emphasis in Advertising from Indiana State University. (Back to top)

Organization Position Status
First Advantage Corporation Media Director Current
TruStar Solutions Current
The Pilgrim Corporation Current
Indiana State University Bachelor of Science Degree Former

Organization Position Status
First Advantage Corporation Manager, Investor Relations Current

Organization Position Status
First Advantage Corporation Agent Current
Consultech, Ltd. Legal Counsel Current
The Citadel Former
The John Marshall Law School Former

Organization Position Status
First Advantage Corporation Board of Directors Current

Barry Connelly. Director since 2003, Mr. Connelly, also serves on the First Advantage Corporation’s audit, nominating and corporate governance committees. Mr. Connelly is a credit information consultant to foreign governments and financial services organizations around the world. He is a director on the board of Collection House LTD, a company listed on the Australian Exchange; a director on the board of Microbilt Corp., a privately-held credit services company; and also serves on the joint venture board of directors of Huaxia/Dun & Bradstreet China. In 2002, he retired from the Consumer Data Industry Association after 33 years of service, including eight years as President. Mr. Connelly graduated from the University of Missouri with a Bachelor of Journalism degree.

Organization Position Status
First Advantage Corporation Board of Directors Current
Internet Tax Group Director Current
Backtrack Reports Director Current
First Advantage's Litigation Director Current
Cdia Principal Former
University of Missouri Bachelor of Journalism Degree Former

Organization Position Status
Bracher Center for Integrity In Leadership Current
American Business Bank Board of Directors Current
Backtrack Reports Director Current
First Advantage's Litigation Director Current
Onvia Inc. Board of Directors Current
McData Corporation Board of Directors Current
First Advantage Corporation Board of Directors Current
The First American Corporation Board of Directors Current
First American Intelligent Recovery Systems (Fairs) Committee Member Current
TRW, Inc. CEO Former
TRW, Inc. Corporate Vice President for Planning and Development Former
Information Systems Services Group General Manager Former
Colorado College Chairman Former
California Business Roundtable Board of Directors Former
Pepperdine University MBA In International Business Former
Colorado College B.A. Former
The First American Corporation member Former

David F. Walker has served as a director of our company since February 2006 and is chairman of our Audit Committee. Mr. Walker is the Director of the Accountancy Program and the Program for Social Responsibility and Corporate Reporting at the University of South Florida St. Petersburg, where he has been employed since 2002. Prior to joining the University of South Florida, Mr. Walker was with Arthur Andersen LLP, having served as a partner in that firm from 1986 through 2002. Mr. Walker earned a master’s of business administration from the University of Chicago Graduate School of Business with concentration in accounting, finance and marketing, and a bachelor of arts degree from DePauw University with majors in economics and mathematics and a minor in business administration. Mr. Walker is a certified public accountant and a certified fraud examiner. Mr. Walker also serves on the board of directors of Chico’s FAS, Inc., First Advantage Corporation and Technology Research Corporation, participating on the executive, audit and corporate governance committees of Chico’s and chairing its audit committee; chairing the audit committee of First Advantage; and participating on the compensation and nominating committees of Technology Research.

Organization Position Status
CommVault Systems, Inc. Director, Chairman Current
Guzzo The Contrarian Chair of The Audit Committee Current
First Advantage's Litigation Director Current
First Advantage Corporation Board of Directors Current
Chico's FAS, Inc. Director Current
Technology Research Corporation Board of Directors Current
Backtrack Reports Director Current
University of South Florida Director of The Accountancy Program Former
Paradyne Networks, Inc. Board of Directors Former
University of Chicago Graduate School of Business Master's Former
DePauw University Bachelor of Arts Degree Former

Organization Position Status
Experian Chief Executive Officer Current
First Advantage Corporation Board of Directors Current
First Advantage's Litigation Director Current
Internet Tax Group Director Current
Compass Group Plc Board of Directors Current
Backtrack Reports Director Current
Experian Board of Directors Current
GUS plc Board of Directors Current
Experian Chief Executive Officer, North America Former
First American Corporate President, Consumer Information & Services Group Former
Credco President Former
First American Corporate Executive Vice President, Mortgage Origination Services Former
The First American Corporation Group Executive Former
Oregon State University B.A. Business Administration Former
Oregon State University degree in Business Administration Former
Chapman University member Former

Organization Position Status
W.P. Carey & Co., LLC Chairman of the Audit Committee and Director Current
Celtic Pharma Donald Nickelson Is Vice-Chairman and Director of Harbour Group Industries Inc. Current
Harbour Group Ltd. Vice Chairman and Director Current
Cross Match and Partners Chairman Current
First Advantage's Litigation Director Current
Adolor Corporation Director Current
Phillystocks.Com Director Current
First Advantage Corporation Director Current
Propertyroom.Com, Inc. Member of the Board of Advisors Current
Backtrack Reports Director Current
Internet Tax Group Director Current
Chicago Board Options Exchange Chairman Former
Greenfield Industries, Inc. Chairman of the Board Former
Flair Inc Chairman of the Board Former
Pacific Stock Exchange Chairman Former
W.P. Carey & Co., LLC Director Former
Selectide Corporation Director Former
Chicago Board Options Exchange Director Former
Harbour Group Ltd. Director Former
DT Industries Inc. Director Former
Allied Healthcare Products, Inc. Director Former

In addition to his new post with First Advantage Corporation, Mr. Chatham has also been a director of First American since 1989, and currently serves as Chairman of First American's audit committee and as a member of its compensation committee and nominating and corporate governance committee. Mr. Chatham has also been a member of the board of directors of First American Title Insurance Company, First American's wholly owned title insurance underwriter, since 1989. Since 1972, he has been President and Chief Executive Officer of Chatham Holdings, Inc., a real estate development company. Mr. Chatham graduated from the University of Georgia with a Bachelor of business administration degree, majoring in real estate and urban development, and completed the management of family held corporation program at the Wharton School of Business at the University of Pennsylvania.

Organization Position Status
First Advantage Corporation Director Current
Backtrack Reports Director Current
First Advantage's Litigation Director Current
Internet Tax Group Director Current
The First American Corporation Board of Directors Current
University of Pennsylvania Former
The First American Corporation Chairman Former
The First American Corporation Director Former
The University of Georgia Bachelor of Business Administration Degree Former
The University of Georgia degree in real estate and urban development Former
The First American Corporation Member Former

Organization Position Status
Dot Foods, Inc. Board of Directors Current
BearingPoint, Inc. Board of Directors Current
First Advantage Corporation Board of Directors Current
Heidrick & Struggles International, Inc. Board of Directors Current

Array

Organization Position Status
First Advantage Corporation Chief Executive Officer Current
Riskcure Director Current
Amwins Group, Inc. Director Current
First Advantage Corporation Director Current
First American Real Estate Information Services, Inc. Chief Executive Officer Former
First American Real Estate Information Services, Inc. President Former
US Search.com Inc. President & CEO Former

Organization Position Status
Firstmark Capital, LLC CEO Current
Restricted Stock Partners CEO and Managing Director, Firstmark Capital (F, K, A Pequot Ventures) Current
Pequot Capital Management Inc. Senior Managing Directors Current
Pequot Ventures Managing Director, Information Technology Current
Restricted Securities CEO and Managing Director, Firstmark Capital (F, K, A Pequot Ventures) Current
Findcarenow, Inc. Managing Director of Pequot Capital Management Current
Firstmark Capital, LLC Managing Director Current
Firstmark Corp. Founder Current
Superior Access Insurance Services Chairman of the Board Current
Corporate Governance Board of Directors Current
Restricted Securities Board of Directors Current
Swingtide, Inc. Board of Directors Current
Findcarenow, Inc. Board of Directors Current
US Search.com Inc. Director Current
Restricted Stock Partners Board of Directors Current
Health Plan One LLC Board of Directors Current
Haley Systems, Inc. Board of Directors Current
Duck Creek Technologies, Inc. Board of Directors Current
Green Drake Capital Corp Board of Directors Current
Outlooksoft Corporation Director Current
First Advantage Corporation Director Current
Elance, Inc. Director Current
Elance Board of Directors Current
Saba Software Inc. Board of Directors Current
Restricted Stock Partners Managing Director Former
Swingtide, Inc. Chairman, Swingtide and Managing Director, Pequot Ventures Former
Firstmark Capital, LLC Founder Former
Pequot Ventures Founder Former
Pequot Capital Management Inc. Founder Former
Restricted Stock Partners Founder Former
Pequot Ventures Managing Partner Former
International Business Machines Corporation Operational Positions Former
Broadview Associates, Ltd Principal Former
Cisco Systems, Inc. Former
Superior Access Insurance Services Board of Directors Former
Wharton School, University of Pennsylvania M.B.A. Former
Duke University M.B.A. Former
Wharton Graduate School of the University of Pennsylvania MBA Former
Duke University B.S. In Electrical Engineering Former
First Advantage Corporation member Former

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