Stanton E. Ross. From March 1992 to June 2005, Mr. Ross was Infinity’s Chairman
and President and served as an officer and director of each of its subsidiaries.
He resigned all of these positions with Infinity in June 2005, except Chairman,
but was reappointed as Infinity’s President in October 2006. Mr. Ross has
served as Chairman, President and Chief Executive Officer of Digital Ally, Inc.
(“Digital”) since September 2005. Digital is a publicly held company
whose common stock is traded on the Nasdaq Capital Market under the symbol DGLY.
From 1991 until March 1992, he founded and served as President of Midwest Financial,
a financial services corporation involved in mergers, acquisitions and financing
for corporations in the Midwest. From 1990 to 1991, Mr. Ross was employed by Duggan
Securities, Inc., an investment banking firm in Overland Park, Kansas, where he
primarily worked in corporate finance. From 1989 to 1990, he was employed by Stifel,
Nicolaus & Co., a member of the New York Stock Exchange, where he was an investment
executive. From 1987 to 1989, Mr. Ross was self-employed as a business consultant.
From 1985 to 1987, Mr. Ross was President and founder of Kansas Microwave, Inc.,
which developed a radar detector product. From 1981 to 1985, he was employed by
Birdview Satellite Communications, Inc., which manufactured and marketed home
satellite television systems, initially as a salesman and later as National Sales
Manager. Mr. Ross allocates his time between Digital and the Company as he deems
necessary to discharge his fiduciary duties to each of them. Because of the Company’s
reduced level of activity and the needs of Digital, he has devoted most of his
time to Digital and the balance to the Company during the last year. Mr. Ross
served on the board of directors of Studio One Media, Inc., a publicly held company,
from January 2013 to March 2013. Mr. Ross holds no public company directorships
other than with Digital and Infinity currently and has not held any others during
the previous five years, except for Studio One Media, Inc. The Company believes
that Mr. Ross’ broad entrepreneurial, financial and business experience
and his experience with micro-cap public companies and role as Chairman, President
and CEO gives him the qualifications and skills to serve as a director.
Daniel F. Hutchins. Mr. Hutchins was elected to serve as a Director of Infinity
and was also appointed to serve as Chief Financial Officer of Infinity effective
as of August 13, 2007. Mr. Hutchins was elected as a Director of Digital Ally,
Inc. in December 2007, serves as Chairman of its Audit Committee and is its
financial expert. He is also a member of Digital’s Nominating and Governance
Committee. Mr. Hutchins, a Certified Public Accountant, is a Principal with
the accounting firm of Hutchins & Haake, LLC. He was previously a member
of the Advisory Board of Digital Ally. Mr. Hutchins has served as an instructor
for the Becker CPA exam with the Keller Graduate School of Management and has
over 18 years of teaching experience preparing CPA candidates for the CPA exam.
He has over 30 years of public accounting experience, including five years with
Deloitte & Touche, LLP. He holds no other public directorships and has not
held any others during the previous five years. He has served on the boards
of various non-profit groups and is a member of the American Institute of Certified
Public Accountants. Mr. Hutchins earned his Bachelor of Business Administration
degree in Accounting at Washburn University in Topeka, Kansas. Mr. Hutchins
holds no other public company directorships currently and for the previous five
years. The Company believes that Mr. Hutchins’ significant experience
in finance and accounting gives him the qualifications to serve as a director.
Leroy C. Richie. Mr. Richie has been a director of Infinity since June 1, 1999.
Since 2005, Mr. Richie has served as the lead outside director of Digital Ally,
Inc. and currently serves as a member of Digital’s Audit Committee and
is the Chairman of its Nominating and Governance and Compensation Committees.
Additionally, since 2008, Mr. Richie served as a member of the boards of directors
of Columbia Mutual Funds, (or mutual fund companies acquired by or merged with
Columbia Mutual Funds), a family of investment companies managed by Ameriprise
Financial, Inc. From 2004 to 2015, he was of counsel to the Detroit law firm
of Lewis & Munday, P.C. He holds no other public directorships and has not
held any others during the previous five years, except for OGE Energy Corp.
(2007-2014) and Kerr-McGee Corporation (1998-2005). Mr. Richie serves as a member
of the Board of Trustees and Chairman of the Henry Ford Health System, in Detroit.
Mr. Richie was formerly Vice President of Chrysler Corporation and General Counsel
for automotive legal affairs, where he directed all legal affairs for that company’s
automotive operations from 1986 until his retirement in 1997. Before joining
Chrysler, he was an associate with the New York law firm of White & Case
(1973-1978), and served as director of the New York office of the Federal Trade
Commission (1978-1983). Mr. Richie received a B.A. from City College of New
York, where he was valedictorian, and a J.D. from the New York University School
of Law, where he was awarded an Arthur Garfield Hays Civil Liberties Fellowship.
The Company believes that Mr. Richie’s extensive experience as a lawyer
and as an officer or director of public companies gives him the qualifications
and skills to serve as a Director.
