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Ken Li
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NAICS Code Colleges, Universities, and Professional Schools: 611310

Recent Events

  • DIGIPASS Enables Secure Online Access to Penn State's...

    7/27/09 - Licensing / Contract - View Story

  • Governor Rendell Says PA Stimulating Tech Growth, New Jobs with Latest Investment

    1/26/09 - New Investment - View Story

  • Nanticoke hospital names new CEO

    11/12/08 - Financial Announcement - View Story

  • Lancaster New Era, Pa., business people column

    11/07/08 - Mgmt. Change Entering - Other - View Story

  • Lancaster New Era, Pa., business people column

    11/07/08 - Mgmt. Change - Entering - View Story

  • Eisai Inc. Announces New Hires & Promotions

    7/30/08 - Mgmt. Change Entering - Director - View Story

  • Eisai Inc. Announces New Hires & Promotions

    7/30/08 - Mgmt. Change - Entering - View Story

  • WCCF scholarship awardees announced

    7/08/08 - New Investment - View Story

  • Edelman, Harrison Named to New Positions at Macy's, Inc.

    5/08/08 - Financial Announcement - View Story

  • Pennsylvania SERS fund outperforms most public pension plans

    3/06/08 - Financial Announcement - View Story

  • Geokinetics Inc. Announces Executive Management Appointments

    9/04/07 - Mgmt. Change Entering - Vice President - View Story

  • Geokinetics Inc. Announces Executive Management Appointments

    9/04/07 - Mgmt. Change - Entering - View Story

  • Hill International Promotes Five Executives to Vice President

    7/30/07 - Mgmt. Change Entering - Vice President - View Story

  • Hill International Promotes Five Executives to Vice President

    7/30/07 - Mgmt. Change - Entering - View Story

News & Analysis

leadership and pennsylvania state university - All News and Analysis

Decision Makers

Name (plus bio) Position
Ken Li Professor
Graham B. Spanier President
Art Donahoe Teacher
Brian K. Austin Certified Public Accountant
Courtney Burroughs Professor
Fred Kaplan Faculty
Indra Lahiri
Jan S Ulbrecht Associate Professor
John D Decker Adjunct Faculty
Karen M Brink Fellow
R Barry Ruback Professor
Robert Bering Auctioneer
Stephon Alexander Associate Professor
Suzanne D. Welch
Tim McKenna Lecturer
William Bering Auctioneer
Dr Tom Griffiths Director
George M. Middlemas Director
Graham Glynn Director
James Adair Director
Charlie Miller Member
Stephanie M. Shern member

Board of Directors

Name (plus bio) Position
Anthony Dolanski Chairman
Krishna C Nadella Board Member, The Graduate School
Patricia A. Woertz Board of Visitors
H. Jesse Arnelle Past Chairman
William A Schreyer Chairman
Alvin H. Clemens Board of Directors
Brenda M. Gavin Advisory Board
Mark A. Focht Board of Directors
Steven B. Hinchman Board of Directors

Ken Li MA, MBA kli@cqpharm.com , General Manager of ChiralQuest JiaShan (CQJ) in China, joined ChiralQuest from BioDefense Corp., where he was VP of operations. Ken has over 10 years drug development experience with Eisai Research Institute in Massachusetts and Wyeth-Ayerst. Ken was instrumental in the development of Eisai's complex anti-sepsis drug and he is expert in chemical process R&D and scale-up under cGMP. Ken is a member of the Board of SAPA, and was the founder and first president for SAPA-NE. Mr. Li received his MBA from Babson College, and his MA from City College of New York. . Laura Schove, Ph.D., lschove@chiralquest.com Director of Business Development, joined Chiral Quest in February 2006. Prior to joining Chiral Quest, Dr. Schove was the Manager of West Coast Sales for Regis Technologies. She has over ten years experience working on the west coast with biotechnology and pharmaceutical companies. Dr. Schove was employed by Tripos Inc. in several positions, eventually serving as Director of Business Development. Dr. Schove worked as a computational chemist at Signal Pharmaceuticals (now Celgene) and ImmunoPharmacetics (acquired by Encysive). Dr. Schove holds a Ph.D. in Organic Chemistry from the University of California at Los Angeles. Xumu Zhang, Ph.D., xumu@chem.psu.edu Co-founder and Chief Technology Officer, is Professor of Organic Chemistry at Pennsylvania State University. He began teaching at Penn State as an Assistant Professor in 1994. Dr. Zhang completed his post-doctoral and research work at Stanford University where he received his Ph.D. in 1992 under the direction of Professor James P. Collman.

Organization Position Status
Vioquest Pharmaceuticals, Inc. General Manager of Chiralquest Jiashan (Cqj) Current
China Healthcare Group Managing Director Current
The Pennsylvania State University Professor Current
Chiral Quest,Inc. Current
Biodefense Corporation Vice President of Operations Former
Tripos Inc. Director of Business Development Former
Chcc Former
University of California, Los Angeles Ph.D. In Organic Chemistry Former
Stanford University Ph.D Former
Babson College M.B.A. Former
City University of New York Master of Science Degree In Chemistry Former
City College of New York Ma Former

Tony is a managing director at Internet Capital Group. He works closely with ICG’s private core companies in helping to drive their growth, and is also involved in the company’s acquisition efforts. Additionally, Tony oversees the corporate development and IT functions of ICG. Tony was a co-founder of Brience, Inc., a wireless software company, where he directed the finance, legal and other administrative functions. Previously, he was executive vice president of Sallie Mae, the nation’s leading provider of student loans, where he was responsible for finance and systems. During most of his career Tony was a senior partner at KPMG Peat Marwick with responsibilities for the financial services and technology practices and was a member of the firm’s board of directors. Tony is also the Chairman of the Accounting Advisory Board at the Pennsylvania State University. Education: Penn State, B.S., Accounting

Organization Position Status
Internet Capital Group, Inc. Managing Director, Operations Current
The Pennsylvania State University Chairman Current
Investor Force Holdings Inc. Board Member Current
SLM Corporation executive vice president Former
Brience, Inc. co-founder Former
KPMG International Senior Partner, Financial Services Former
Brience, Inc. Directed Finance and Legal Functions Former
StarCite, Inc. Board Member Former
ICG Commerce, Inc. Board Member Former
The Pennsylvania State University B.S., Accounting Former

Organization Position Status
Moody's Corporation Associate Director & Structured Finance Product Specialist Current
The Pennsylvania State University Board Member, The Graduate School Current
The Pennsylvania State University MBA Alumni Advisory Board, Smeal College of Business Current
American Museum of Natural History Junior Council, Steering Committee Member Current
Gen Art Member Current
Asia Society Asia Circle, Member Current
Lincoln Center Theater Young Patron Program, Steering Committee Member Current
American Theatre Wing Lifetime Member Current
Citigroup Inc. Assistant Vice President, Global Structured Credit Products Former
The Metropolitan Museum of Art Apollo Circle Former
New York Public Library Young Lions Former
The Lady Cavalier Theatre Co Producer Former
The Pennsylvania State University M.B.A., Investment Management/Portfolio Analysis Former
McMaster University B.Sc., Biochemistry (Honors) Former

Organization Position Status
The Pennsylvania State University President Current
Citizens Financial Group, Inc. Director Current

A well-traveled native New Englander Mr. Donahoe was born in Woonsocket, RI, and educated in five different states before graduating from Northwest HS in Indianapolis, IN (1968). Beginning his university studies at Purdue University he completed his studies and received his BS degree in Physical Education from Boston University where he was captain of the wrestling team and served as assistant coach. As teacher and coach he taught in Indianapolis at Speedway Junior HS, then at Pennsylvania State University. He served as assistant wrestling coach at Clemson University from 1982 to 1986 under Wade Schalles and Eddie Griffin and earned a Master's degree in Educational Administration (1986). He served as head wrestling coach at Siena Heights University, Adrian, MI (1986-88). Distinguished himself as coach with USA Wrestling's National Coaching staff in 1983, participating in the National Olympic Festival; member NAIA Wrestling Coach's Association Public Relations Committee (1987-88); manager NAIA All-Star team, winner of the Oceana Cup in Melbourne, Australia (1988). Mr. Donahoe became a radio broadcaster and relocated to North Carolina where he continued his wrestling career as coach and official for high school wrestling. Member National Wrestling Coaches Association, National High School Coaches Association, Indy West Wrestling Club, founder and executive director of North Dare (NC) Wrestling Club. Founder ARPA Investments, a financial management firm.

Organization Position Status
Harvey Abrams-Books Vice President Current
The Pennsylvania State University Teacher Current
Harvey Abrams-Books Board of Directors Current
Harvey Abrams-Books Assistant Coach Former
Siena Heights University Coach Former
Clemson University Assistant Former
Boston University BS Degree In Physical Education Former

Since joining Lincoln in 1985, Mr. Austin has performed and coordinated analysis of successfully completed development projects with total costs in excess of 1.5 billion. He has coordinated the underwriting and analysis of more than $500 million in multi-family acquisitions. In addition, he has been responsible for completing strategic plans for property management and development operations of twenty offices covering property operations in 15 states with annual revenues in excess of $30 million. Over the last several years, Mr. Austin has been responsible for and/or assisted in closing construction and permanent loans in excess of $750 million. Mr. Austin holds a B.S. in accounting from Pennsylvania State University (1981) and is a Chartered Financial Analyst (CFA) and Certified Public Accountant (CPA). He is a member of the Dallas Association of Investment Analysts.

Organization Position Status
Lincoln Property Company Vice President, Finance & Analysis Current
The Pennsylvania State University Certified Public Accountant Current
The Pennsylvania State University B.S. In Accounting Former

Dr. Burroughs is a Senior Engineer at Noise Control Engineering, Inc and an Associate Professor Emeritus from the Pennsylvania State University. He joined NCE in 2004 after retiring. He is currently the Editor-in-Chief of the Noise Control Engineering Journal (NCEJ) published by the Institute of Noise Control Engineering (INCE). His current research project at NCE is the development of near-field acoustical holographic measurements in commercial aircraft cabins.

Organization Position Status
The Pennsylvania State University Professor Current
Noise Control Engineering, Inc Senior Engineer Current
Nce Current
Acoustical Society of America Fellow Current
Noise Control Engineering, Inc Vice President Former
The Catholic University of America PhD Former
Kansas State University PhD Former
Kansas State University Bachelor of Science In Mathematics Former

Organization Position Status
Relevante, Inc. Director, Consulting Current
The Pennsylvania State University Faculty Current
Institute of Management Accountants Current
Golden Slipper Camp Treasurer Current
Society of Industry Leaders Board of Directors Current
Cornell Club Board of Directors Current
Relevante, Inc. Instructor Current
Society of Industry Leaders Member Current
General Electric Capital Corporation Former
CIGNA Corporation Former
State Street Bank and Trust Company Former
Drexel University M.B.A. In Finance Former
Cornell University Ba In Economics Former

Organization Position Status
Workforce Development Group Founder Current
Common Ground Consulting Services Inc Organizational Psychologist, Industrial Anthropologist, and Founder of Workforce Development Group Current
Diversitynow Current
All Star résumé Current
The Pennsylvania State University Current
PNC Bank Vice President of Corporate Former
Workforce Development Group Managing Partner, Wdg Former
Workforce Development Group Owner Former
Workforce Development Group Anthropologist Former

Jan S. Ulbrecht is Associate Professor of Biobehavioral Health and Medicine at Penn State University. Dr. Ulbrecht's research interests include the foot in diabetes, diabetic neuropathy, diabetes complications in general, clinical diabetes, behavior as treatment for diabetes, diabetes prevention, systems of care for diabetes and diabetes prevention, macronutrients and diabetes, metabolic bone disease, and lipid metabolism. He has authored or co-authored numerous journal articles, abstracts, and book chapters and he is a member of the graduate faculty at Penn State University. He holds memberships with the American Diabetes Association, Endocrine Society, and American Association of Clinical Endocrinologists. His clinical practice in Endocrinology and Metabolism is based at Centre Medical and Surgical Associates of State College, Pennsylvania. Dr. Ulbrecht received his medical degree from Worchester College, Oxford University, England and University College Hospital Medial School, University of London, England. He completed his internship at Stafford Royal Infirmary, Stafford, England and Basingstoke District Hospital, Basingstoke, England. His residency was completed at State University of New York, Upstate Medical Center, Syracuse, New York. He also held a Fellowship in Endocrinology and Metabolism at the University of Pittsburgh School of Medicine, Pittsburgh, Pennsylvania.

Organization Position Status
Penn State Diabetes Center Co-Director of the Psdc Current
The Pennsylvania State University Associate Professor Current
Penn State Diabetes Center Professor of Biobehavioral Health and Medicine Current
American Association of Clinical Endocrinologists, Inc. Current
The Endocrine Society Current
Surgical Associates, Inc. Current
The State University of New York Residency Former
University of Pittsburgh School of Medicine Former
University of Oxford Degree Former
University of Pittsburgh School of Medicine Former
University College Former

John has a distinguished track record in business restructuring, Six Sigma Quality, Logistics and Sourcing, Contracting Services, High Performance Team Building, Change Acceleration Process (CAP), Nuclear and Governmental Security applications and most importantly, Problem Solving and Decision Making processes that affect top and bottom line performance. John has extensive experience as a results driven business leader. He has 23 years of experience as an executive with one of the most respected corporations in the world. His thirty years of varied business experiences have enhanced his business acumen in both domestic and foreign market environments. John has held leadership positions in Sales, Marketing, Quality Assurance, Sourcing, Manufacturing & Plant Management, Nuclear & Government Facility Security Management and Nuclear Power Plant Engineering Services. In some applications, he has been a successful leader of workforces which exceeded 2000 employees. John is a graduate of Eastern University and serves as adjunct faculty at Penn State University.

Organization Position Status
The Pennsylvania State University Adjunct Faculty Current
Sirius Partners, Inc. Principal Current
Eastern University Former

Organization Position Status
Quality Paradigms, Inc. President and CEO Current
The Pennsylvania State University Fellow Current
American Society for Quality Inc. Board of Directors Current
American Society for Quality Inc. Member Current
US General Services Administration Lead Auditor Former
National Aeronautics and Space Administration Former
University of Pennsylvania Masters In Education Former

Patricia A. Woertz is chairman, chief executive officer and president of Archer Daniels Midland Company (ADM). Pat joined ADM in 2006 as CEO and president. She assumed the additional role of chairman in 2007. As chairman, CEO and president, Pat leads one of the world’s largest agricultural processing companies. For more than 100 years, ADM has turned crops into products for food, animal feed, chemical and energy uses. ADM also operates the world’s premier origination and transportation network that connects crops and markets in more than 60 countries. Today, ADM is a Fortune 60 company with 27,000 employees across the globe. Since joining ADM, Pat has worked with the Board and senior management to position ADM for continued success. Under her direction, ADM has articulated a strategic focus to expand ADM’s position in the agricultural processing value chain and to grow the Company’s BioEnergy business. Pat also led the reorganization of ADM’s operations to enhance efficiency and provide clearer lines of responsibility for long-term success. Truly passionate about developing people, Pat strengthened ADM’s commitment to employee safety and communications. In 2006, she led ADM’s first all-colleague global Town Hall where she shared the Company’s strategic focus with colleagues worldwide. In 2007, she led ADM’s first Global Safety Week and issued a safety call to action to all ADM colleagues. Both have become annual Company events. A graduate of Pennsylvania State University, Pat began her career with Ernst & Young in Pittsburgh, Pennsylvania, as a certified public accountant. Attracted to the complexity and opportunity of a global energy company, she joined Gulf Oil Corporation in 1977 and held positions in refining, marketing, strategic planning and finance. Following the merger of Gulf and Chevron in 1987, Pat served as president of Chevron Canada and later Chevron International Oil Company. With the merger of Chevron and Texaco in 2001, she was named executive vice president in charge of the company’s refining, marketing, lubricant, and supply and trading operations. She retired from Chevron in March 2006. Pat Woertz is an internationally recognized business leader. In 2007, Fortune magazine named her the sixth most powerful woman in business. In 2006, she was identified as one of the 25 most influential leaders of the year by Fortune magazine. Pat is a member of the Board of Directors of the Procter & Gamble Company, and is a member of the National Petroleum Council, the International Business Council of the World Economic Forum, the U.S. Chamber of Commerce, The Business Council and Business Roundtable. She serves on the Board of Trustees of the University of San Diego and the Board of Visitors of Pennsylvania State University, which awarded her its highest recognition for alumni. She also serves as a vice chairman for the Kennedy Center Corporate Fund.

Organization Position Status
Archer Daniels Midland Co. President & CEO Current
The Pennsylvania State University Board of Visitors Current
Archer Daniels Midland Co. Chairman Current
Procter & Gamble Board of Directors Current
Kennedy Center Corporate Fund Vice Chairman Current
University of San Diego Board of Trustees Current
The Business Roundtable Member Current
The Business Council Member Current
National Petroleum Council Member Current
Chevron Corp. Executive Vice President Former
Ernst & Young Certified Public Accountant Former
Gulf Oil Corporation Refining, Marketing, Strategic planning and finance Former
The Pennsylvania State University Bachelor of Science in Accounting Former
U.S. Chamber of Commerce Member Former
The International Business Council Member Former

Barry Ruback is Professor of Crime, Law, & Justice and Sociology at Penn State University. He received a B.A. in history from Yale University, a J.D. from the University of Texas School of Law, and an M.S. and a Ph.D. in social psychology from the University of Pittsburgh. He is a member of the State Bar Associations of Georgia and Texas. From 1979-1996 he was at Georgia State University, where he was Professor and Associate Chair of Psychology, Professor of Criminal Justice, and Adjunct Professor of Law. From 1989-1995 he served as Research Director of the Georgia Statistical Analysis Bureau, and from 1992-1997, he was the editor of the journals Criminal Justice Review and International Criminal Justice Review. He is currently on the editorial boards of Criminal Justice and Behavior, Criminal Justice Review, Law and Human Behavior, and Violence and Victims. In 1986-87 Dr. Ruback was a Visiting Fellow at the National Institute of Justice. He was a Fulbright Fellow (1985-86), an Indo-American Fellow (1988), and a Fulbright-Hays Fellow (1991) for research in India, and he was a Fulbright South Asia Regional Scholar (1993-94) for study in India, Pakistan, and Bangladesh. In 1995-96 he served as a Judicial Fellow of the Supreme Court of the United States, assigned to the U.S. Sentencing Commission.

Organization Position Status
The Pennsylvania State University Professor Current
Ruback Associates Senior Consultant and Lead Researcher Current
Crime, Inc. Professor Current
Victims Board of Directors Current
Georgia State University Adjunct Professor Former
Georgia State University Chairman of Board Former
Psychology.Com, Inc. Chair Former
The University of Texas J.D. Former
University of Texas School of Law J.D. Former
University of Pittsburgh Ph.D. In Social Psychology Former
University of Pittsburgh M.S. Former
Yale University B.A. In History Former

Robert Bering is a Pennsylvania Auctioneer; graduate of the Worldwide College of Auctioneering and a student at Pennsylvania State University pursuing a Finance degree with a focus in Real Estate. As an Auctioneer, Robert handles all phases of auction logistics. Robert is highly motivated, experienced and aggressive at helping you, the client, sell your property. Fortna Auctioneers is a full service Auction Company, specializing in the marketing and executing the sale of high end Residential and Commercial Real Estate, along with Business liquidations and Bankruptcies.

Organization Position Status
Fortna Auctioneers Pennsylvania Auctioneer Current
The Pennsylvania State University Auctioneer Current
World Wide College of Auctioneering Auctioneer Former
The Pennsylvania State University Degree In Finance Former

Dr. Stephon Alexander is an Associate Professor at Pennsylvania State University in the Department of Physics and the Department of Astrophysics. He is also the Director of the Caribbean Institute for Advanced Studies (CARIAS). A native of Trinidad and Tobago, he graduated from Brown University in 2000 with a Ph.D. in physics. Dr. Alexander specializes in theoretical cosmology and superstring theory. He completed two postdoctoral qualifications at Imperial College, London, and Stanford's Linear Accelerator Center and Institute for Theoretical Physics. His research activities focus on the interface between early universe cosmology and the quantum theory of gravity. Dr. Alexander was named one of eight 2006 National Geographic Emerging Explorers. The Emerging Explorers program recognizes and supports uniquely gifted and inspiring people around the globe who are making a significant contribution to world knowledge through exploration while still early in their careers. In 2005, he was interviewed along with colleagues at Stanford as a part of a PBS television series on Albert Einstein. In his spare time, Dr. Alexander plays the tenor saxophone.

Organization Position Status
The Pennsylvania State University Associate Professor Current
Advanced Studies Director Current
Network for The Improvement of World Health Board of Directors Current
Brown University PH.D. In Physics Former
Imperial College London Former

Suzanne D. Welch is the Director of Worldwide Total Compensation and Vice President, Human Resources, Eastman Kodak Company with responsibility for Kodak s compensation and benefit programs worldwide. In 2003, Ms. Welch served as Vice President, Business and Technology Strategy, Corning, Inc. with responsibilities for assessing early stage marketing opportunities, marketing technology capability, and facilitating the work of the Growth and Strategy Council for Corning, Inc. Suzanne was also a member of the Chairman s Diversity Council. Suzanne joined Corning in April 1999 and in the following year was appointed corporate vice president. She led Corning s Corporate Marketing during the institution of market led strategy in the company s businesses, the revision of the corporate brand identity, and the launch of eBusiness. Prior to joining Corning, Ms. Welch was vice president of international development for PictureVision, Eastman Kodak Company s industry-leading Kodak PhotoNet online service. Prior to her most recent position at Kodak, Suzanne was brand manager for the Kodak Picture Network and general manager of Internet Marketing. Previous experience includes key sales and marketing positions in the company s Business Imaging Systems Division, as well as key roles in human resources and communications. She also served as a federal government lobbyist for Kodak. Ms. Welch has served on the boards of a number of non-profit organizations, including the United Way of the Southern Tier, Smeal College at Penn State University, and the Rochester Philharmonic Orchestra. Ms. Welch received a bachelor s degree in political science from Eisenhower College and attended the Executive Development Programs at the John F. Kennedy School of Government at Harvard University and at Northwestern University.

Organization Position Status
Eastman Kodak Company Vice President, Human Resources Current
Woodhull and Watson Director, Worldwide Total Compensation and Vice President, Human Resources, Eastman Kodak Company Current
Rochester Philharmonic Orchestra Inc. Current
The Pennsylvania State University Current
Corning Incorporated Vice President Former
Internet Marketing Inc General Manager Former
Northwestern University Former

As owner and founder of Iron Oak Development, LLC, Tim McKenna applies over 30 years business management experience to this venture. His expertise in land development and connections in the business community has enabled him to negotiate contracts with well-known commercial and residential builders, property owners and property managers. McKenna is also the founder of McKenna American, a full-service landscaping, maintenance and snow removal company serving some of the region's largest sports arenas, shopping centers and office complexes in the PA, NJ, DE and MD region since 1966. McKenna American has been nominated for the National Landscape Award by the National Association of Industrial and Office Properties. McKenna is a member of the Pennsylvania Nurseryman's Association, the Winterthur Business Advisory Board, and is a lecturer for Pennsylvania State University's Landscape Architecture and Landscape Contracting degree programs. He was formerly a member of the planning commission of Willistown Township, Chester County, PA, and a member of the Board of Directors for both Daylesford Abbey, Paoli, PA and Brandywine Airport, West Chester, PA. In addition, Tim served in the Pennsylvania Air Guard from 1967 through 1973 and he coached basketball, soccer and baseball for a period of 15 years in Chester County, PA. McKenna studied Business Administration at Villanova University and oversees overall company direction.

Organization Position Status
McKenna American Founder Current
Iron Oak Development, LLC Owner and Founder Current
The Pennsylvania State University Lecturer Current
Villanova University Business Administration Former

William Bering, Jr. is a Pennsylvania Auctioneer and graduate of the Worldwide College of Auctioneering and Pennsylvania State University. As an Auctioneer, William deals with all phases of auction logistics. William is experienced, extremely motivated, and aggressive at helping you, the client, sell your property. Fortna Auctioneers is a full service Auction Company, specializing in the marketing and executing the sale of high end Residential and Commercial Real Estate, along with Business liquidations and Bankruptcies.

Organization Position Status
Fortna Auctioneers Pennsylvania Auctioneer Current
The Pennsylvania State University Auctioneer Current
World Wide College of Auctioneering Former

H. Jesse Arnelle was a senior partner in the law firm of Arnelle & Hastie, San Francisco, which later became Arnelle, Hastie, McGee, Willis & Greene, with which he had been associated from 1985 through his retirement in 1996. Following his retirement, he was Of Counsel to the North Carolina law firm of Womble, Carlyle, Sandridge & Rice until he retired in December 2005. Arnelle is a director of FPL Group, Inc., Armstrong Holdings, Inc. URS Corporation and Metropolitan Life Series Fund. Arnelle is the past Chairman of the Board of Trustees of Pennsylvania State University and a director of the Eisenhower Fellows Program and the National Football Foundation and College Hall of Fame.

Organization Position Status
Textron Systems Corporation Senior Partner Current
The Pennsylvania State University Past Chairman Current
URS Corporation Board of Directors Current
URS Creative Imaging Board of Directors Current
URS Forestry Board of Directors Current
Tryck Nyman Hayes, Inc. Board of Directors Current
Green Inc. Senior Partner Former
Waste Management, Inc. Director Former
Armstrong World Industries, Inc. Board of Directors Former
FPL Group, Inc. Board of Directors Former
Eastman Chemical Company Director Former

Organization Position Status
marketRx Inc. Current
NYSE Group, Inc. vice chairman Current
The Pennsylvania State University Chairman Current
Merrill Lynch & Co., Inc. management trainee Former
Merrill Lynch & Co., Inc. chairman Former

Mr. Clemens has served as one of our directors since November 2005 and as Executive Chairman of our board of directors since January 2006. Since 2001, Mr. Clemens has company specializing in direct sales of insurance products utilizing the Internet, as a subsidiary of Provident American Corporation. In 1989, Mr. Clemens acquired a controlling interest in Provident American Corporation, an insurance holding company, and he served as its Chairman and Chief Executive Officer until 2001. In 1970, Mr. Clemens founded Academy Insurance Group, a company specializing in direct marketing of life and health insurance products. He currently serves on the board of trustees and the Building, Finance, and Executive Committees of The Pennsylvania State University.

Organization Position Status
Health Benefits Direct Corporation CEO and Chairman of the Board Current
The Pennsylvania State University Board of Directors Current
Health Benefits Direct Corporation Board of Directors Former

Dr. Gavin is a founding partner of Quaker BioVentures. Previously, she was President of S.R. One, Limited (S.R. One), GlaxoSmithKline's bioscience venture capital investment company, and a general partner of EuclidSR Partners, an independent venture capital limited partnership focused on healthcare, information technology, and their convergence. Since its inception in 1985, S.R. One has invested over $340 million in approximately 100 life sciences companies and 20 venture funds. Dr. Gavin was responsible for many of the direct venture and strategic investments made by S.R. One. She served as a board member or active board observer for many of these, including Adolor, Inhale, Sepracor and Versicor. Prior to joining S.R. One in 1989, Dr. Gavin was Director of Business Development for SmithKline Beecham Animal Health Products. She started her career as an epidemiologist at the Centers for Disease Control and Prevention. Dr. Gavin is a graduate of Baylor University where she majored in Biology. She received her Doctor of Veterinary Medicine from the University of Missouri and her Master of Business Administration from the University of Texas - San Antonio. Dr. Gavin is highly regarded in the venture capital community and is a board member of Eximias Pharmaceutical Corporation, Celator Pharmaceuticals, Inc, the Ben Franklin Technology Center of Southeastern Pennsylvania, the Ben Franklin Technology Development Authority, Innovation Philadelphia, BioAdvance (the Biotechnology Greenhouse Corporation of Southeastern Pennsylvania), and serves on the advisory boards of the Pennsylvania State University Research Foundation and the Monell Institute. Dr. Gavin is a past board member of the National Venture Capital Association and she is also an active board observer of Nucleonics Inc.

Organization Position Status
Women's Investment Network (Win) Managing Partner Current
Bioadvance Ventures, Inc Partner Current
Quaker Bioventures Partner Current
Tetralogic Pharmaceuticals Current
Celator Pharmaceuticals Board Member Current
The Pennsylvania State University Advisory Board Current
Eximias Pharmaceutical Corporation Board Member Current
Bioadvance Board Member Current
Tengion, Inc. Board of Directors Current
Nucleonics Inc Board of Directors Current
Eximias Pharmaceutical Corporation Member Current
S.R. One Limited President Former
GlaxoSmithKline Plc President Former
Euclid Sr Partners General Partner Former
S.R. One Limited Board of Directors Former
University of Missouri Doctor of Veterinary Medicine Former
The University of Texas Master of Business Administration Former
Baylor University Graduate Former

Dr. Griffiths is the author of The Complete Swimming Pool Reference, Second Edition, published by Sagamore Publishing LLC, The Swimming Pool by Simon and Schuster and Sport SCUBA Diving in Depth published by the Princeton Book Company. His latest book, Better Beaches, released by the National Recreation and Park Association, is a huge success and has led to the development of NRPA's Better Beach Seminars and Aquatic Safety Research Group's Safe Swimming Beaches program which Tom teaches throughout the country. He also teaches the Aquatic Facility Operators Course (AFO) for NRPA. Dr. Griffiths is the lead investigator who has been conducting the National Lifeguard Survey since 1994 and has developed the Five Minute Scanning Strategy 2000 and accompanying video for lifeguards and other supervisors. Teaming up with Paragon Aquatics, he developed Griff's Guard StationTM a series of lifeguard stations improve safety and allow lifeguards to incorporate his scanning strategies. Dr. Griffiths serves as an international water safety consultant and, in his individual capacity, has been retained as an expert witness in a variety of personal injury cases including diving injuries and drownings at both pools and beaches. His lectures are known to be dynamic, informative, educational and inspiring.

Organization Position Status
Second Edition, Incorporated Current
Aquatic Safety Research Group, LLC Asrg President Current
The Pennsylvania State University Director Current
Sagamore Publishing, LLC author Former
The Pennsylvania State University Ed.D. Former

Organization Position Status
Apex Venture Partners General Partner Current
Pure Cycle Corporation Director of the Company Current
Pure Cycle Corporation Chairman of Compensation Committee Current
Joffrey Ballet Co Board Member Current
Tut Systems, Inc. Board of Directors Current
Pure Cycle Corporation Board of Directors Current
Advanced Equities, Inc. Board of Directors Current
Bfg Technologies, Inc. Board of Directors Current
The Pennsylvania State University Director Current
Iqs, Inc. Director Current
Citicorp Venture Capital, Ltd. Vice President Former
AOL LLC Founder Former
Concord Communications, Inc. Director Former
Tut Systems, Inc. Director Former
Combinenet, Inc. Director Former
Vpnet Director Former
University of Pittsburgh MA Former
Harvard Business School Master of Business Administration Former
Harvard University MBA Former
The Pennsylvania State University BA Degrees Former
Citicorp Venture Capital, Ltd. Member Former

Organization Position Status
Learning Management Solutions, LLC President and CEO Current
The Pennsylvania State University Director Current
Penn State Former
Creighton University Degree Former

Organization Position Status
Keystone Nano Chief Science Officer of the Company Current
The Pennsylvania State University Director Current

Mr. Focht was recently appointed by the Fairmount Park Commission and Mayor John F. Street as Executive Director of Fairmount Park. In this position, Mr. Focht is responsible for the day-to-day management of the 9,200 acre, 62 park Fairmount Park system with a staff of 188 employees and an operating budget of $13.2 million. Prior to his appointment, Mr. Focht served as director of the Park Commission's Environment, Stewardship & Education Division (ES&ED). This division is an unprecedented multi-million dollar effort to restore the natural areas throughout the Fairmount Park system and to build a constituency for their protection through environmental education and community stewardship. Prior to that, Mr. Focht served as the park's natural lands restoration manager for three years. Mr. Focht holds Bachelor of Science and Masters degrees in landscape architecture from Penn State University and the University of Massachusetts, respectively, and is a PA licensed landscape architect. Prior to joining the Fairmount Park Commission in 1997, Mr. Focht was director of capital projects for the Center City District (Philadelphia, PA), a private sector business improvements district, where he directed the $26 million Walk!Philadelphia streetscape improvement project. Additionally, Mr. Focht has over ten years experience working for two multi-disciplinary design firms and has been an adjunct professor in Temple University's Department of Landscape Architecture and Horticulture since 1989. Mr. Focht lectures extensively, including presentations for the American Society of Landscape Architects (ASLA) and the Society for Ecological Restoration (SER). Mr. Focht serves on Boards of the Fairmount Park Conservancy, Fairmount Park Historic Preservation Trust, Awbury Arboretum Association, Tookany/Tacony/Frankford Watershed Partnership and the Landscape Architecture Affiliated Program Group (APG) of the Pennsylvania State University.

Organization Position Status
Fairmount Park Executive Director Current
Asla Current
Apg, Inc. Board of Directors Current
Fairmount Park Board of Directors Current
The Pennsylvania State University Board of Directors Current
University of Massachusetts Amherst Masters Degrees In Landscape Architecture Former

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Callon Petroleum Company Executive Vice President & Chief Operating Officer Current
Boy Scouts of America Board Member, Sam Houston Council Current
The Pennsylvania State University Board of Directors Current
Colorado School of Mines Visiting Committee Member, Petroleum Engineering Department Current
Marathon Oil Corporation Executive Vice President Former
Marathon Oil Corporation Technical, Staff and Managerial Positions Former
Marathon Oil Corporation Field Engineer Former
American Petroleum Institute Upstream Committee Chairman Former
American Petroleum Institute Board Member Former
Colorado School of Mines Master of Science Degree Former
The Pennsylvania State University Bachelor of Science Degree In Petroleum Engineering Former

Organization Position Status
Roofscapes, Inc. president Current
Roofscapes, Inc. founder Current
The Pennsylvania State University Member Current

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GameStop Corp. Lead Director Current
Royal Ahold N.V. Current
GameStop Corp. Chair Current
Ahold USA, Inc. Board of Directors Current
Keane Advisors, LLC Director Current
The Pennsylvania State University member Current
Kurt Salmon Associates Senior Vice President Former
Kurt Salmon Associates Managing Director of Retail and Consumer Products Former
Ernst & Young Global Director Former
NEXTEL Communications, Inc. Director Former
GameStop Corp. Board of Directors Former
Sprint Nextel Corporation Board of Directors Former
Ernst & Young Vice Chairman Former
NEXTEL Communications, Inc. member Former
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