MANAGEMENT

Sunil Hirani, Co-founder of trueEX & Chief Executive Officer (CEO) Sunil Hirani was Co-Founder and CEO of Creditex Group Inc., a leading execution platform and brokerage for credit default swaps, and its subsidiary T-Zero (both sold to ICE in 2008). Mr. Hirani has a MBA from the Kellogg Graduate School of Management and a B.S. from Washington University.

Jim Miller, Co-founder of trueEX & Head of Product Development Jim Miller was Chief Technology Officer of Creditex Group Inc. and also led the development of technology for Creditex's subsidiaries T-Zero LLC and LoanX. Following Creditex, Mr. Miller worked for Barclays Capital and InterContinental Exchange. Mr. Miller has a Masters in Computer Science and a B.S. from Virginia Tech.

Karen O'Connor, Chief Operating Officer (COO) Karen O'Connor was Co-Chief Executive Officer of eSecLending, a securities lending start up, where she worked for 12 years. Ms. O’Connor has also held senior-level positions at Digital Equipment Corporation, CyberTrust, and Fidelity. Ms. O'Connor received her B.A. from The College of the Holy Cross, M.B.A. from Suffolk University and PhD from Kennedy Western University.

Tony Schiavo, Chief Technology Officer (CTO) Tony Schiavo led development of Citibank's global e-Commerce platforms and Foreign Exchange automated trading platform. Mr. Schiavo was previously with RBC Capital Markets, as North American CIO and Global Head of Fixed Income and Currencies Technology. Mr. Schiavo has a B.A. from the University of Scranton.

Fran Kenck, Chief Regulatory Officer (CRO) Fran Kenck was previously Director of Compliance and COO at the Chicago Climate Exchange and Chicago Climate Futures Exchange. Ms. Kenck has held senior-level positions at ABN AMRO North America, Commerz Futures, and the NFA. Ms. Kenck has a MBA from the Kellogg Graduate School of Management and a B.A. from the University of Michigan.

Sara Lewin, Chief Administrative Officer (CAO) Sara Lewin previously served as the Administrator to the Vice Dean of New York University School of Law. Ms. Lewin holds a B.S. degree from Cornell University.

Lawrence Israeloff, Chief Financial Officer (CFO) Lawrence Israeloff served as an attorney and CPA with the accounting firms PricewaterhouseCoopers and Ernst & Young. Prior to Ernst & Young, Mr. Israeloff was an attorney in the tax group of the law firms Willkie, Farr & Gallagher and Simpson Thacher & Bartlett. Mr. Israeloff has a B.S. from the University of Pennsylvania, a J.D. from Columbia University School of Law, and a L.L.M from New York University School of Law.

INDEPENDENT DIRECTORS

Scott Murphy Scott Murphy is a former U.S. Congressman representing New York's 20th Congressional district from 2009-11. He has a B.A. from Harvard University.

Patrick Parkinson Pat Parkinson was director of the Division of Banking Supervision and Regulation at the Federal Reserve Board and a member of the Basel Committee on Banking Supervision. Previously, Mr. Parkinson was counselor to Treasury Secretary Timothy Geithner and played a leading role in development of proposals for reforming financial institutions and markets. He has a B.A. and PhD from the University of Wisconsin-Madison and a M.A. from Northwestern University.