Board of Directors
John Peers has more than 35 years of international business and technology experience. He was the founder of Logical Machine Corporation and then created ‘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 he founded Novix, Inc., which specialized in the design of high-speed microprocessors and software optimized for neural and massive parallel computing. In 1997 he founded Xyron Corporation, a fabless semiconductor company from which Lightfleet was spun off in 2003.
M. Sam Badawi
Sam 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. In 2003 Mr. Badawi co-founded Perceptia Devices, Inc., a semiconductor design services and IP company, for which he served as CEO until his retirement in January 2015. He continues to be actively involved as the non-executive Chairman of the Board of the Company.
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.
Steve Hanson 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 Brigham Young University and 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.
Gary R. Severson
Gary Severson has been a director since October 24, 2011. 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 as Chairman of the Board for First Interstate Bank of Washington. He has served on several corporate and not-for-profit boards dealing with such diverse areas as investment advisory services, life insurance, international trade, education, the arts, dairy products, retirement homes, trust services and wealth management. Mr. Severson was in prominent leadership positions with many of these boards, most particularly Casey Family Programs (Chairman, 2001-11), Laird Norton Financial Services and successor companies (Chairman, 1999-2009) and Pacific Lutheran University Board of Regents (Chairman, 1997-2004) where he was reelected to the board in 2014 and again to Chairman in 2015.
Mr. Severson was a captain in the U.S. Air Force during the Vietnam War and holds a BA and an MBA from Stanford University and an MS from the University of Southern California.