, McEachern and Toups
, each of whom the Board has determined is an independent director and meets the independence requirements for Audit Committee members under the Nasdaq Rules and the Exchange Act.
John M. Toups
John M. Toups
John M. Toups joined our Board of Directors in April 2007.
Mr. Toups serves as chairperson of our Investment, Finance and Strategy Committee and he is a member of our Audit and Compensation Committees.
Mr. Toups served as President and Chief Executive Officer of PRC from 1978 until 1987.
Prior to that, Mr. Toups served in various executive positions with PRC.
For a short period of time in 1990, he served as interim Chairman of the Board of Directors and Chief Executive Officer of the National Bank of Washington and Washington Bancorp.
Mr. Toups serves as a director of two other public companies: GTSI Corp., a reseller of software and hardware, and NVR, Inc., a homebuilding and mortgage banking company.
He is the chairman of the board and the nominating and corporate governance committee for GTSI, and also serves on its compensation committee.
He is the chairman of NVR's compensation committee and serves on NVR's corporate governance and executive committees.
In addition, Mr. Toups serves as a director of two privately held companies, Dinte Resources, Inc., an executive search firm, and Dewberry & Davis, an engineering services firm, and serves on Dewberry's audit committee.
Mr. Toups also served as a director of Halifax Corporation, a publicly held electronic services company, from 1993 until 2010, when Halifax Corporation was acquired and ceased to be a publicly traded company.
He also is currently the Chair Emeritus for the Inova Health System Board of Trustees.
Mr. Toups received his B.S. in Civil Engineering from the University of California, Berkeley in 1949.
He is a registered civil engineer in California and Maryland and a fellow of the American Society of Civil Engineers.
We believe that Mr. Toups'
extensive experience as an officer and as a director of a broad range of both public and private companies, including engineering and financial services companies, allows him to provide strong leadership and oversight on our strategic and financial plans.
In particular, we believe Mr. Toups' experience as President and Chief Executive Officer of PRC and his extensive experience serving on the boards and committees of publicly traded companies provides valuable insight on our industry and effective corporate governance to our Board and its committees.