Board of Directors

Lance T. Funston

Chief Executive Officer

Lance T. Funston was elected Chairman of the Board in August 2015, and appointed Chief Executive Officer effective January 15, 2016. Mr. Funston also serves as Chairman and CEO of Ultimark Products, LLC which he founded in 2000. The consumer products company manufactures and distributes Prell®, Denorex®, Zincon® and Porcelana®. In 1993 he founded TelAmerica Media, a media aggregator representing over 90% of the cable television industry. In 2008, 85% of the company was sold to Cross MediaWorks, Inc., the balance was sold to the Lee Group in 2013. During the 1980's Mr. Funston founded a merchant banking firm acquiring over $500 million in corporate properties.

Mr. Funston attended the University of Houston and received his Bachelor of Science degree in 1967. In 1967, Mr. Funston was appointed Assistant to the Director of the Federal Deposit Insurance Corporation by President Lyndon Johnson, and subsequently as special assistant to a governor of the Federal Reserve Board. Mr. Funston attended Harvard Business School, receiving his MBA in 1970. During his tenure at Harvard, he founded Portfolio Management Systems Incorporated, which developed investment management systems for major financial institutions including: John Hancock, Fidelity Mutual, American General, Sun Life, and Bank of America. In 1973 Portfolio Management created a private real estate equity fund in Houston, Texas and developed over $300 million in residential and commercial properties during a 10 year period. Mr. Funston served as Secretary General. He also served as a board member of the United States Bobsled and Skeleton Federation from 1992 to 1996. In 2007, Lance and his wife, Christina, founded the Save a Mind Foundation, a 501(c)3 federal non-profit organization that assists at-risk youth in grades 5-8 to stay in school with their innovative Win/Win Program, and continue on to graduate from high school.

Sadar Biglari

Director

Sardar Biglari has served as Chairman of the Board, Chief Executive Officer and a director of Biglari Holdings Inc. ("Biglari Holdings"), a diversified holding company, since 2010.

Dr. Philip Cooley

Director

Philip L. Cooley has served as Vice Chairman of the Board of Biglari Holdings Inc. since 2010. He was the Prassel Distinguished Professor of Business at Trinity University, San Antonio, Texas, from 1985 until his retirement in May 2012. Dr. Cooley earned his Ph.D. from The Ohio State University, an MBA from University of Hawaii, and a BME from General Motors Institute. He serves on the board of the Financial Literacy of South Texas Foundation and is a trustee of the Eastern Finance Association.

S. David Fineman

Director

S. David Fineman is a senior partner of the Philadelphia law firm of Fineman Krekstein & Harris. He was the Chairman of the Public Policy Committee of the Urban Land Institute and continues to be a member. Mr. Fineman was appointed by the President of the United States and confirmed by the United States Senate in 1995 as one of nine Governors of the U.S. Postal Service and was Chairman of the Board of Governors from 2003 to 2005. He presently serves as Chairman of the Board of DHL Global Mail USA, a wholly owned subsidiary of Deutsche Post, the largest mail consolidator of small parcels in the United States. He has been chosen by the United States District Court as a member of its Court-Annexed Early Mediation Program (from 1998 to present). In 2006 through 2014, Mr. Fineman was recognized among his peers and was named as one of Pennsylvania "Super Lawyers" for his expertise in Business Litigation and Government Relations. He was graduated from The American University (1967) where he presently serves on the Advisory Committee to the School of Public Affairs, and received his law degree, with Honors, from The George Washington University (1970). He is presently a member of the Philadelphia, Pennsylvania and American Bar Associations and the Urban Land Institute.

Stephen A. Heit

Executive Vice President and Chief Financial Officer

Stephen A. Heit joined CCA in May 2005 and has served as the Chief Financial Officer and Executive Vice President since 2006. He was appointed a director of the Company in September 2014. Prior to that (from 2003 to 2005) he served as Vice President-Business Strategies for Del Laboratories, Inc., a consumer products company that was listed on the American Stock Exchange (AMEX). Mr. Heit served as President of AM Cosmetics, Inc. from 2001 to 2003, Chief Financial Officer from 1998 to 2003, and Corporate Secretary to the Board of Directors from 1999 to 2003. From 1987 to 1997 he was the Chief Financial Officer of Pavion Limited, and also served on the Board of Directors. He is a member of the Advisory Board of the Long Island University Post College of Management, and a member of the New York Stock Exchange MKT listed company council. He also served as a Director of Loeb House, Inc., a non-profit organization serving mentally handicapped adults, from 1987 to 1995, and Director of Nyack Hospital Foundation from 1993 to 1995.

Mr. Heit received a Bachelor of Science degree from Dominican College, with additional graduate work in professional accounting at Fordham University, and a Master in Business Administration in accounting from the University of Connecticut School of Business. Mr. Heit is married, has three children, and lives in Connecticut.

Christopher Hogg

Director

Christopher Hogg was appointed Lead Director by the independent directors. Mr. Hogg has been the entrepreneurial prime mover behind a number of businesses in the consumer financial services industry. Chris is an Australian citizen and resides in Bryn Mawr, PA, USA. His experience is based in the corporate insurance, consumer debt recovery, retail financial services, payroll and payments transaction services and consumer finance industries. Chris is a managing member of Global IT Sales LLC, which currently is the controlling shareholder of Innovant Investment Group LLC. Innovant acquired 75% of EmployeeMax in June 2015, a payroll and HR services company with offices in Pennsylvania, Virginia and Texas.

J. William Mills III

Director

J. William Mills, III was president of the Philadelphia and Southern New Jersey region of PNC, a member of The PNC Financial Services Group, from 2001 to 2014. The Philadelphia and Southern New Jersey market is the largest PNC market. Mills, a 43-year financial services veteran, joined Provident National Bank (a PNC predecessor) in 1989 as bank treasurer and president of the PNC Funding Corp. He later became senior vice president of Fixed-Income Investments for PNC Investment Management and Research. Mills was promoted to executive vice president in 1993 in charge of Capital Markets and chaired the Asset Liability Committee. Following that assignment, he was executive vice president managing PNC Wealth Management in Philadelphia and Southern New Jersey. Mills started his career as a trader and vice president at Merrill Lynch Government Securities Inc., in New York City and moved to Industrial Valley Bank as senior vice president and treasurer. In 1984, Mills was named managing director of the Capital Markets Division at CoreStates Financial Corporation. Mills is active in the Philadelphia and Southern New Jersey community, serving as Vice Chairman of the board of directors of Independence Blue Cross, Temple University as Chair of the Athletic Committee and member of the Executive Committee, Audit and Investment Committees. He also serves on the board of The United Way of Southeastern Pennsylvania, and co-chairs the Corporate Board of the Barnes Foundation. He is an emeritus board member of the Police Athletic League. Mills was the 2013 recipient of the William Penn Award, presented by the Greater Philadelphia Chamber of Commerce to an outstanding business and civic leader. He holds a master’s in economics from Niagara University, a bachelor’s in mathematics from Ohio State University and is a graduate of the University of Illinois School of Bank Investments.