Mr. Pardo, age 66, is President and Chief Executive Officer of the Company, and Chief Executive Officer of LPI, our primary operating subsidiary. He has served as the CEO of LPI since its incorporation in 1991. Mr. Pardo is one of the pioneers of the life settlement industry. He has been certified as an expert in the field of life settlements and has testified on that subject on numerous occasions. Mr. Pardo served our Nation from 1964 through 1966 as a helicopter gunship pilot in Vietnam.
R. Scott Peden
General Counsel, Secretary, President, Director
Mr. Peden, age 45, has served as the General Counsel and Secretary of the Company and the President of LPI since 2000. Before 2000, Mr. Peden served as Vice President and General Counsel for LPI since its incorporation in 1991. Mr. Peden has been certified as an expert in the field of life settlements and has testified on that subject on many occasions. He holds a Bachelor of Arts degree from Trinity University and a Juris Doctor from Baylor University School of Law.
Fred Dewald
Director
Mr. Dewald has been a successful builder and property developer in the Waco/McLennan County, Texas area for over 30 years. He is a director of the Heart of Texas Builders Association and serves as President or principal of 17 different property development companies. He holds a Bachelor of Science degree from Southwest Texas State University.
Mr. Ballantyne is an officer and director of several private companies including BR Industries, Inc., Hoopeston Foods, Inc., Thomsen Group, LLC, and Pacific Rim Foods Ltd. Mr. Ballantyne also serves as the Deputy Chairman, a non-executive director, and a member of the audit committee and the remuneration and nomination committee of Zeehan Zinc Limited, an Australian mining company (LSE/AIM: ZZL); as a non-executive director and financial expert for Empire Energy Corporation International (OTCBB: EEGC); as a director of Jilin Jimei Foods Ltd., a private company in Changchun China; and as a director of Mach One Corporation, an animal health diagnostic and monitoring equipment company (Other OTC: MNCN.PK). During 2003, Texas Steel Partners Inc., a Texas-based steel foundry, filed for reorganization and was liquidated pursuant to a bankruptcy Chapter 7 conversion. Mr. Ballantyne was an officer and director and 50% shareholder of Texas Steel Partners. During the last 17 years, Mr. Ballantyne has been active in acquiring and operating troubled companies or assets being divested by public and private companies and has focused over the last four years in food processing plants in both the United States and Asia. He holds a Bachelor of Science degree in business management from the University of Wisconsin.
Dr. Rafuse was the co-founder and former Managing Director of Advanced Concepts and Technologies International (ACT I) headquartered in Waco, Texas. He was also co-owner and Managing Director Aurora Aviation and Aurora Avionics. He retired from all three companies in June 2008. Dr. Rafuse has 45 years of experience in aviation, aerospace, scientific, engineering, technology, educational, senior program management, information resource management, and administrative positions. He oversees daily operations of the Aurora companies, as well as all of ACT I's headquarters operations, including accounting and finance, human resources, information systems, legal, and contracts management. He served as a senior science team leader and contracts negotiator to the U.S. Defense Threat Reduction Agency in connection with the dismantlement and destruction of Russian intercontinental ballistic and sea-launched ballistic missiles. Dr. Rafuse holds a Doctorate degree in Engineering Management from Hamilton University, a Masters in Business Administration from Texas Tech University, a Bachelor of Science degree in Chemistry from St. Joseph's University, and an Associates in Technology degree from Temple University. He is a frequent presenter at national symposia and has had numerous articles published in professional journals.