Mr. Blum is the Chairman and a member of the Management Committee of Blum Capital Partners, L.P., a long-term strategic equity investment management firm founded in 1975 that acts as general partner for various investment partnerships and provides investment advisory services. He served as the Independent Chair of our Board from September 2001 through May 2014.

Mr. Blum has experience in the capital markets and securities business, and broad knowledge of our business through his many years of experience on our Board. He has experience serving as a director of other companies and he currently serves on the board of directors of Pacific Alliance Group Holdings Ltd., Egyptian Direct Investment Fund, Coral Growth Investments Limited, Astar USA, LLC and FilmYard Holdings, LLC. He previously served on the boards of directors of Fairmont Raffles Holdings International Ltd. and Current Media, L.L.C. Mr. Blum holds a B.A. and an M.B.A. from the University of California, Berkeley.