Len Sturm Biography and Net Worth

Mr. Sturm has served as a member of the Board of Directors since October 2022. Since 2016 Mr. Sturm has also served as a member of the Board of Directors and Chairman of the Audit Committee of Jolley Holding Aruba, which consists of numerous companies that operate commercial real estate, car dealership, car rental, retail and wholesale businesses. In that capacity, Mr. Sturm assists in Board oversight of the integrity of the financial statements, the monitoring and management of financial risks, the effectiveness of internal financial controls, compliance with regulatory requirements and the work of the independent auditors and the Internal Audit function. Mr. Sturm retired at the end of 2014 as an audit partner in the New York office of KPMG after a thirty-seven year career conducting financial statement audits of primarily public companies and audits of internal controls under Section 404 of the Sarbanes-Oxley Act. He was a member of the New York audit leadership team for a number of years through 2012, and then joined KPMG’s Department of Professional Practice, assuming certain national responsibilities for KPMG’s quality review process until his retirement. Mr. Sturm also served as a member of KPMG’s Audit Committee for three years. Mr. Sturm’s audit clients included Cablevision Systems Corporation, Aeroflex Incorporated, Excel Technology Inc., AMC Networks Inc. and Canon. From 1994 to 2000, Mr. Sturm authored the annual “Metropolitan New York Regional Software Industry Outlook”, which provided comprehensive industry analysis and benchmarking data. Mr. Sturm was a founder and Treasurer on the Board of Directors of LISTnet from 1997 to 2015, for ten years was the Chairman of the Board of Directors for the Long Island High Technology Incubator that assisted technology industry startups, from 2013 to 2019 was the Treasurer on the Board of Directors of Gold Coast Villas Association and previously served as the Chairman of the Finance Committee for the Town of Huntington, on the Board of Directors of the Huntington Chamber of Commerce and president of the Board of Directors of the Association of Government Accountants. Mr. Sturm also served on the Defense Contractor Committee of the American Institute of CPAs (AICPA) and co-authored the Government Contractors Industry Audit Guide. 

Mr. Sturm’s extensive leadership experience, his experience as a Certified Public Accountant during his career as an audit partner, his background of assisting publicly traded companies address their financial reporting requirements and his Board experience, both as an audit partner and as a member, makes him qualified to serve on our Board of Directors. Mr. Sturm will be the chair of our Audit Committee. The Board of Directors has determined that Mr. Sturm qualifies as an “audit committee financial expert”, as such term is defined in Item 407(d) of Regulation S-