Wednesday, October 18, 2017 1:48:25 PM
In summary:
Bob Ferris, Chairman and Chief Executive Officer of VirTra, commented, “Jim brings a deep understanding of the simulation industry and a wealth of experience in strategy execution and business development. He built a startup enterprise into a highly successful long-term investment, and we believe his experience in taking companies to the next level will prove invaluable as we continue to grow VirTra. The addition of a third, independent director meets the NASDAQ corporate governance requirements, enriches board oversight and is a continuation of our commitment to strong corporate governance, an essential element to creating long-term sustainable value for our shareholders.”
Mr. Richardson is the co-founder and has been the Chief Executive
Officer of NaturalPoint Inc. since 1996. NaturalPoint is a provider of VR (virtual reality) and tracking products that are ubiquitous throughout the simulation industry from major military simulation projects to consumer virtual reality products. Mr. Richardson has had an integral role at NaturalPoint since its formation and is responsible for devising its high-level strategy and the engineering, marketing and sales efforts. Through Mr. Richardson’s efforts, he led the company to profitable revenue growth, enabling it to gain significant market share culminating in its sale to Planar Systems, Inc., a developer, manufacturer and marketer of electronic display products and systems for $125 million in cash. Mr. Richardson studied Mechanical Engineering at the University of California at Berkeley.
https://www.virtra.com/press-release/virtra-announces-voting-results-2017-annual-meeting-shareholders-elects-third-independent-director
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If only there were a proper and prominent place to include his presents somewhere else on the VirTra website...
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