Richard S. Ressler

Richard S. Ressler has been Chairman of the Board of Directors and a director of J2 Global since 1997, and served as J2 Global’s Chief Executive Officer from 1997 to 2000, serving in each of these capacities pursuant to a consulting agreement between J2 Global and Orchard Capital Corp. (“Orchard Capital”). Mr. Ressler is the founder and President of Orchard Capital, a firm through which Mr. Ressler oversees companies in which Orchard Capital or its affiliates invest. Through his affiliation with Orchard Capital, Mr. Ressler serves in various senior capacities with, among others, CIM Group, LLC, (together with its controlled affiliates, 'CIM'), a vertically-integrated owner and operator of real assets, Orchard First Source Asset Management (together with its controlled affiliates, 'OFSAM'), a full-service provider of capital and leveraged finance solutions to U.S. corporations, and OCV Management, LLC ('OCV'), an investor, owner and operator of technology companies. Mr. Ressler also serves as a board member for various other public and private companies in which Orchard Capital or its affiliates invest, including as director of Presbia PLC, and chairman of CIM Commercial Trust Corporation. Mr. Ressler has served as a director of LENS since January 2015 and as chairman of CMCT since 2014.

Mr. Ressler co-founded CIM in 1994 and, through an agreement with Orchard Capital, chairs its executive, investment, allocation and asset management committees and serves on its credit committee. CIM Investment Advisors, LLC, an affiliate of CIM, is registered with the United States Securities and Exchange Commission as a registered investment adviser.

Mr. Ressler co-founded the predecessor of OFSAM in 2001 and, through an agreement with Orchard Capital, chairs its executive committee. OFS Capital Management, LLC, an affiliate of OFSAM, is registered with the United States Securities and Exchange Commission as a registered investment adviser.

Mr. Ressler co-founded OCV in 2016 and, through an agreement with Orchard Capital, chairs its executive committee. OCV is registered with the United States Securities and Exchange Commission as a registered investment adviser.

Prior to founding Orchard Capital, from 1988 until 1994, Mr. Ressler served as Vice Chairman of Brooke Group Limited, the predecessor of Vector Group, Ltd. and served in various executive capacities at VGR and its subsidiaries. Prior to VGR, Mr. Ressler was with Drexel Burnham Lambert, Inc., where he focused on merger and acquisition transactions and the financing needs of middle-market companies. Mr. Ressler began his career in 1983 with Cravath, Swaine and Moore, working on public offerings, private placements, and merger and acquisition transactions. Mr. Ressler holds a B.A. from Brown University, and J.D. and M.B.A. degrees from Columbia University.

Mr. Ressler’s extensive experience with, and knowledge of business management, mergers and acquisitions and finance are invaluable to our Board of Directors’ discussions.