Board of Directors

Members of the Lightfleet Corporation Board of Directors

John Peers

CEO and Chairman of the Board

John Peers has been an officer and director of Lightfleet since its inception in April 2003. Between September 1999 and April 2003 Mr. Peers was the Chief Executive Officer of Xyron Corporation. Mr. Peers was the founder of Logical Machine Corp. prior to creating ‘The Byte Shop’, one of the first successful chains of personal computer stores. His studies in human learning led him to a neurological emulations approach in computing, now better-known as neural networking technology. In 1982, Mr. Peers founded Novix, Inc., specializing in the design of high-speed microprocessors and software optimized for neural and massive parallel computing. He received his English National Certificate in physical chemistry from Newcastle Polytechnic and Bournemouth Technical College in the U.K.

M. Essam (Sam) Badawi

Essam Badawi has been a director of Lightfleet since April 2003. Mr. Badawi has over thirty-five years of executive business experience in sales, marketing, finance and general management in both the United States and Europe. Mr. Badawi founded in 1986 and currently serves as President of MEB International, a private investment and management consulting company. MEB International clients included Crescendo Communications which was Cisco Systems’ first acquisition in 1993. Other clients included SQP, a manufacturer of add-in memory boards for the Apple and PC markets and EgyNet, the first private data communication carrier in Egypt, for which Mr. Badawi served as Chief Executive Officer.

Previously, Mr. Badawi was Managing General Partner, of Equity Venture Management, an organization that managed two venture capital funds focused on High Technology semiconductor and communication companies. He was also founding President of DAVID Systems, Inc. and prior to that, he spent twelve years with National Semiconductor Corp. in both the US and Europe. Mr. Badawi graduated with honors from Ain Shams University in Cairo, Egypt with a BS in Electrical Engineering. He taught at his alma mater for three years, and completed course work for an MS degree in Electrical Engineering at San Jose State in California.

Steven F. Hanson

Mr. Hanson has lived in the Portland-Vancouver area since 1979. He built one of the nation’s largest chains of community financial service centers over a 28-year period. He served for 25 years as a director of Financial Service Centers of America, a national trade association with over 7000 members and has been a respected consultant in the financial service center industry. He has also been involved in several successful real estate and small business ventures. Steve became a Lightfleet shareholder in June of 2010. Mr. Hanson holds a BS degree in Business Management from BrighamYoung Universityand a Master of Business Administration degree from the University of Utah. He also passed the Uniform CPA exam in 1983. Steve is a veteran of the U.S. Army, having served in Germany in the early 1970’s and attained the rank of Captain. He is married with three adult children.

Gary R. Severson

Gary Severson has been a director of Lightfleet since June 2006. During a distinguished career in the financial services industry, Mr. Severson held several key executive management positions including Executive Vice President of the Capital Markets Group for Security Pacific Bank and Chairman of the Board for First Interstate Bank of Washington. He currently is Chairman of the Board of the Casey Family Programs, an organization for which he has been a Board member since 1996. He has served as a Board member of the Marguerite Casey Foundation since its inception in June 2001. Mr. Severson was Chairman of the Laird Norton Financial Group from April 1999 until December 2003, at which time the company reorganized into two separate entities: he has served on both of the resulting Boards since that time, becoming Chair of Laird Norton Tyee and a Board member of Wentworth, Hauser & Voilich. Mr. Severson also has been a Board member of Farmers New World Life Insurance Company since April 2002. He served as Chairman of the Board of Regents of Pacific Lutheran University from October 1997 until October 2004, a board he joined in 1995. Mr. Severson holds an MBA and BA from Stanford, as well as a MS from the University of Southern California.