Executive Officers

Sean V. Madnani, 42
Chairman of the Board, Chief Executive Officer and Director

Mr. Madnani is a seasoned financier with over 22 years of experience on Wall Street. Mr. Madnani has received numerous awards for the corporate transactions he has participated in. He has executed hundreds of deals across North America, Asia-Pacific, and Western Europe, totaling more than $100 billion in aggregate value. He is currently the Chief Executive Officer of Twist Capital, a technology-focused merchant bank based in Los Angeles, California. In his role at Twist Capital, Mr. Madnani provides transaction advisory services and invests in the structured debt and equity securities of middle-market technology companies who are experiencing an element of dysfunction, dislocation, or distress. Most recently, Mr. Madnani spent June 2015 through August 2019 as a Senior Managing Director at Guggenheim Securities LLC, an affiliate of Guggenheim Partners LP, where he executed corporate transactions within the technology sector, usually within U.S. heartland cities. Previously, from July 2005 through June 2015, Mr. Madnani was an employee and ultimately a Partner and Senior Managing Director at The Blackstone Group Inc. (NYSE: BX), or Blackstone. During his time at Blackstone, Mr. Madnani was exclusively focused on executing M&A transactions within the technology sector, both for the firm’s private equity portfolio as well as for third parties. He was posted in New York, London, Boston, and Menlo Park during his tenure, and he most recently held the role of Blackstone’s Head of Technology M&A for the Western United States and Asia-Pacific. Before joining Blackstone, Mr. Madnani was an investment banker at Lazard Ltd. (NYSE: LAZ) from July 2000 through May 2005, during which time he concentrated on M&A for technology clients and was domiciled in New York, London, and San Francisco. Mr. Madnani started his career as a software developer within the cooperative education program, co-op, at International Business Machines Corporation (NYSE: IBM), or IBM, in San Jose, California. He graduated with a Bachelor of Arts degree from the University of California, Berkeley as a Cal Alumni Scholar and IBM Thomas J. Watson Scholar, majoring in Economics and minoring in Business Administration. Currently, Mr. Madnani serves on the Board of Directors for the L.A. Opera and the Campaign Steering Committee for Rady Children’s Hospital-San Diego. He is also an Observer on the Board of Directors for the Wingtip club in San Francisco.

Mary L. Dotz, 62
Chief Operating Officer, Chief Financial Officer and Director

Ms. Dotz has over 30 years of business experience as a senior finance executive and board member, including senior management positions at several public companies. Currently, Ms. Dotz is a member of the Board of Directors of A10 Networks (NYSE: ATEN), a provider of secure application solutions securing customers’ applications across multi-cloud networks. Ms. Dotz has served as an independent business advisor to public and private technology companies since December 2013. In connection with such advisory services, from August 2019 to July 2020, Ms. Dotz served as Interim Chief Financial Officer of Anatomage, a pioneer in 3D anatomy visualization. From March 2012 to November 2013, Ms. Dotz served as Chief Financial Officer of Alpha and Omega Semiconductor Inc. (NASDAQ: AOSL), a global supplier of power semiconductors. Prior to joining Alpha and Omega Semiconductor Inc., Ms. Dotz, served as Chief Financial Officer of Adaptec, Inc. (formerly, NASDAQ: ADPT), a global provider of data center storage solutions, from March 2008 until May 2011 following its acquisition. Ms. Dotz served as Chief Financial Officer of Beceem Communications, Inc., a wireless base station provider, from October 2005 to March 2008. In addition, Ms. Dotz served as Chief Financial Officer of Pinnacle Systems, Inc. (formerly, NASDAQ: PCLE), a supplier of digital video products, from January 2005 until August 2005 until it was acquired. From October 2000 to January 2005, Ms. Dotz held management positions in finance, including Interim Chief Financial Officer, Corporate Controller and Vice President Finance, at NVIDIA Corporation (NASDAQ: NVDA), a global semiconductor company. Ms. Dotz also previously held finance positions at Advanced Micro Devices, Inc. (NASDAQ: AMD), Nissan North America, Inc. (OTC: NSANY) and Unocal Corporation (formerly, NYSE: UCL). Ms. Dotz holds a Bachelor of Science degree in Business Administration from San Diego State University and a Master of Business Administration degree from the University of Southern California.

Board of Directors

Jeffrey W. Benck, 55
Director nominee

Mr. Benck has broad industry experience over more than 25 years, both as a Chief Executive Officer and Director of multiple technology companies as well as other senior leadership roles in Engineering, Marketing, and Program Management at several global hardware, software and services companies in the technology industry. Mr. Benck has been President and Chief Executive Officer Benchmark Electronics, Inc. (NYSE: BHE) (“Benchmark”) since February 2019. Prior to joining Benchmark, Mr. Benck served as President, Chief Executive Officer and Director of Lantronix, Inc. (NASDAQ: LTRX), or Lantronix, a global provider of hardware and software solutions for the Internet-of-Things (IoT) and Out-of-Band Management (OOBM) since December 2015. He spent two years as an Independent Board Director for Netlist Corporation, a provider of high-performance modular memory subsystems. Prior to joining Lantronix, Mr. Benck served as President and Chief Executive Officer of Emulex Corporation (formerly, NYSE: ELX), or Emulex, a global supplier of advanced networking, monitoring and management solutions from July 2013 until it was acquired in May 2015. He joined Emulex in May 2008 as Executive Vice President and Chief Operating Officer and was subsequently appointed to President and Chief Operating Officer in August 2010. Prior to joining Emulex, Mr. Benck was President and Chief Operating Officer of QLogic Corporation (formerly, NASDAQ: QLGC), a supplier of storage networking solutions. Earlier, he spent 18 years at IBM, where he held a variety of executive leadership roles, including serving as Vice President of xSeries, BladeCenter and Retail Store Solutions development. He is also an inventor in the computer systems field and holds 6 U.S. patents. Mr. Benck holds a Master of Science degree in management of technology from University of Miami and a Bachelor of Science degree in mechanical engineering from Rochester Institute of Technology.

Subramanian Sundaresh, 64
Director nominee

Mr. Sundaresh brings over 25 years of global leadership experience across multiple public and private businesses and has a significant history of executing and integrating corporate M&A transactions. Since August 2013, he has served as a board member at GridGain Systems Inc. He served as a member of the board of directors of Sureline Systems Inc. from January 2012 until October 2017, and he served as a board member of SandForce Inc. from July 2010 until it was acquired by LSI Corporation (formerly, NYSE: LSI) in January 2012. Mr. Sundaresh was President, Chief Executive Officer and Director of Cinarra Systems Inc. from October 2017 until March 2020, when the company was acquired by Softbank Corporation. Prior to that time, he was President, Chief Executive Officer and Director of Xangati Inc. from October 2013 until October 2016, when the company was acquired by Virtana (formerly Virtual Instruments). Previously, from November 2005 until January 2010, Mr. Sundaresh was President, Chief Executive Officer and Director of Adaptec, Inc (formerly, NASDAQ: ADPT). He departed in January 2010 in anticipation of its acquisition by PMC-Sierra (formerly, NASDAQ: PMCS). Before that time, he served as President, Chief Executive Officer and Director of Candera Inc. from September 2002 until December 2004. Formerly, from July 1998 until April 2002, he served as President, Chief Executive Officer and Director of Jetstream Communications, which was acquired by Paradyne Networks Inc. Earlier in his career, Mr. Sundaresh held various operational and management roles in the engineering and marketing departments of Adaptec, Inc (formerly, NASDAQ: ADPT), Hyundai Electronics America (KSE: 011760), Hewlett-Packard Company (NYSE: HPQ), and National Semiconductor Corporation (formerly, NYSE: NSM). Mr. Sundaresh holds a Bachelor of Technology degree in Electrical Engineering from the Indian Institute of Technology, Madras, a Master of Engineering degree in Electrical Engineering from Cornell University, and a Master of Business Administration degree from The Wharton School at the University of Pennsylvania.

John P. Stanfield, 39
Director nominee

Mr. Stanfield has significant experience with U.S. GAAP, finance, operations, and taxation demonstrated over several years and several billion dollars of enterprise value in the private equity and alternative asset industry. He is the founder of Stanfield & Associates, LLC, a boutique consulting and full-service public accounting firm concentrated on outsourced Chief Financial Officer services for private equity fund managers and family offices in the United States and internationally. Prior to founding Stanfield & Associates, LLC, Mr. Stanfield held audit positions at RSM US and Ernst & Young, LLP. He has both a Bachelors and Masters degree in Taxation from the University of Illinois Urbana Champaign, as well as a Masters degree in Accountancy from DePaul University. Mr. Stanfield is a licensed certified public accountant and member of the AICPA.