Edward L. Shapiro is our Chairman and joined our Board of Directors upon the consummation of the Business Combination. Mr. Shapiro served as a Managing Partner of PAR Capital Management, Inc., a Boston-based investment management firm specializing in investments in travel, media and Internet-related companies from 1997 to 2016. Since April 20, 2016, Mr. Shapiro has served on the board of directors of United Continental Holdings, Inc. (NYSE: UAL). Prior to joining PAR Capital in 1997, Mr. Shapiro was a Vice President at Wellington Management Company, LLP, and before that an Analyst at Morgan Stanley & Co. He previously served on the board of US Airways from 2005 to 2008. Mr. Shapiro also serves on the board of directors of SONIFI Solutions, Inc., a provider of guest engagement solutions for the hospitality and healthcare industries, and Lumexis Corporation, a leading provider of in-flight entertainment systems to airlines. Mr. Shapiro earned his BS in economics from the University of Pennsylvania’s Wharton School and an MBA from UCLA’s Anderson School of Management.
Jeffrey A. Leddy became our Chief Executive Officer and interim principal financial officer in February 2017, and has served as a member of our Board of Directors since January 2013. Prior to his appointment as our Chief Executive Officer and interim principal financial officer, Mr. Leddy served on our Board’s Audit Committee and as the Chair of its Compensation Committee. Mr. Leddy previously served as Chief Executive Officer of Verizon Telematics, Inc. (f/k/a Hughes Telematics, Inc. prior to its acquisition by Verizon, Inc. in July 2012) from December 2006 until January 2015 and has served as a member of its board of directors since March 2006. From 2005 to 2011, Mr. Leddy served on the board of directors of Hughes Communications, Inc. and Hughes Systique Corporation and on the board of managers of Hughes Network Systems, LLC. From April 2003 through December 2006, Mr. Leddy served as Chief Executive Officer and President of SkyTerra Communications, Inc. and on its board of directors from 2006 to 2008. Prior to becoming Skyterra’s Chief Executive Officer, he also served in the roles of President and Chief Operating Officer and Senior Vice President of Operations for that company. Mr. Leddy received his bachelor’s degree in Physics from the Georgia Institute of Technology and a master’s degree in Electrical Engineering from Stanford University.
Jeffrey E. Epstein joined our Board of Directors in January 2013. Mr. Epstein is an Operating Partner at Bessemer Venture Partners, which he joined in November 2011. From September 2008 to April 2011, Mr. Epstein was Executive Vice President and Chief Financial Officer of Oracle Corporation (NYSE: ORCL). Mr. Epstein has served on the board of directors of The Priceline Group (NASDAQ: PCLN) since April 2003, and is a member of that board’s Audit Committee and Compensation Committee. Since April 2012, Mr. Epstein has also served on the board of directors of Shutterstock, Inc. (NYSE: SSTK), and is Chair of that board’s Audit Committee and a member of its Nominating and Governance Committee. Mr. Epstein joined the board of directors of Twilio (NYSE: TWLO) in July 2017 and serves as a member of that board’s Audit Committee. In addition, Mr. Epstein also serves on the board of directors of Kaiser Permanente. Mr. Epstein holds an MBA from the Stanford University Graduate School of Business, where he was an Arjay Miller Scholar, and a BA from Yale College, where he graduated summa cum laude, Phi Beta Kappa.
Hasker currently serves as Global President at Nielsen N.V., an S&P 500 company that provides global performance management services relating to media viewing and consumer behaviour. Previously, he served as President, Global Products at Nielsen. Steve joined Nielsen in 2009 from McKinsey & Company, where he was a partner in McKinsey’s Global Media, Entertainment and Information practice. He joined McKinsey in 1998 and spent three years on the Partner Election Committee at the firm. Prior to McKinsey, Steve spent five years in several financial roles in the U.S., Russia, and Australia.
Robert (Bob) Reding was appointed to the Global Eagle Entertainment Board of Directors in February 2013. Mr. Reding has been a consultant in the commercial airline industry since January 2012. From September 2007 until December 2012, Mr. Reding was Executive Vice President — Operations for American Airlines and Executive Vice President of AMR Corporation. Prior to that, Mr. Reding served as Senior Vice President — Technical Operations for American from May 2003 to September 2007. Mr. Reding joined AMR Corporation in March 2000 and served as Chief Operations Officer of AMR Eagle through May 2003. Prior to joining AMR Corporation, Mr. Reding served as President and Chief Executive Officer of Reno Air from 1992 to 1998 and President and Chief Executive Officer of Canadian Regional Airlines from 1998 to March 2000. Mr. Reding is a distinguished graduate of the United States Air Force pilot training program and served as an officer and pilot flight examiner with the United States Air Force from 1972 to 1979. He has an FAA Air Transport Pilot Rating for Douglas DC-9-MD-80 and Boeing 737 series aircraft and has accumulated over 10,000 hours as a commercial pilot. Mr. Reding is an honors graduate from the California State Polytechnic University with a Bachelor of Science degree in Aeronautical Engineering and received his master’s degree in Business Administration from Southern Illinois University. He is a member of the President’s Council of the California State Polytechnic University and has served as a board member for numerous aviation, civic and charitable organizations.
Jeff Sagansky was our President from the inception of the company until the consummation of the Business Combination at which point he joined our Board of Directors. Mr. Sagansky was President of Silver Eagle Acquisition Corp. ("Silver Eagle"), a special purpose acquisition company, from April 11, 2013 through Silver Eagle's dissolution in April 2015. On March 31, 2015, Silver Eagle consummated its business combination with Videocon d2h Limited, a foreign private issuer (NASDAQ: VDTH) where Mr. Sagansky remains a member of the Board of Directors. Mr. Sagansky has served as Chairman of Hemisphere Media Capital, a private motion picture and television finance company, since 2008. From January 2013 through their acquisition by Lionsgate Entertainment in 2016 Mr. Sagansky was a member of the Board of Directors of Starz Entertainment (NASDAQ: STRZA, STRZB) as well as a member of the Audit Committee and Compensation Committee of that company. From February 2009 to April 2011, he served as non-executive Chairman of RHI Entertainment, Inc., which develops, produces and distributes original made-for-television movies and miniseries. Mr. Sagansky has been President and CEO of Double Eagle Acquisition Corporation, a NASDAQ listed company (EAGLU) since June of 2015. He served as Co-Chairman of Peace Arch Entertainment Group, Inc., or Peace Arch, a Canadian production and sales company. He also served as interim chief executive officer of Peace Arch from November 2007 to July 2008. He is currently a director of Scripps Networks Interactive, Inc., a publicly traded lifestyle media company (NASDAQ: SNI), and serves on its Audit Committee and Corporate Governance Committee. Mr. Sagansky earned a Bachelor of Arts degree from Harvard College and a Master’s in Business degree from Harvard Business School.
Harry E. Sloan is a successful international media investor, whose entrepreneurial spirit has been a guiding force throughout his career, helping him identify key investment opportunities with significant returns for his partners. In the past two years alone, he has raised more than $500 million in the public markets to invest into the entertainment industry to create new businesses.
Today, Sloan is Chairman and CEO of Silver Eagle Acquisition Corp. (Nasdaq: EAGL), a special purpose acquisition company (SPAC) formed to acquire domestic or international media/entertainment businesses with high growth potential. Silver Eagle’s initial public offering generated more than $325 million, the largest IPO investment raised by any U.S. SPAC in more than seven years.
Silver Eagle is the second SPAC sponsored by Sloan and his business partner, former CBS and Sony Pictures Entertainment president Jeff Sagansky. Their first venture, Global Eagle Acquisition Corp., was formed in February 2011 and raised over $190 million of equity to invest in the in-flight entertainment industry, one of the world’s fastest growing business sectors. In January 2013, Global Eagle Acquisition completed a $430 million business combination with Row 44 Inc. and Advanced InFlight Alliance AG. By pairing these two companies, Sloan created the leading full-service platform offering both content and connectivity for the worldwide airline industry, which now operates under the banner of Global Eagle Entertainment (Nasdaq: ENT). Sloan is a director of Global Eagle Entertainment.
Prior to launching Global Eagle Acquisition, Sloan was named the Chairman and Chief Executive Officer of MGM in 2005, one year after a $5 billion private equity buyout of the studio. During Sloan's tenure, he led MGM to revive the James Bond, Rocky and Pink Panther franchises and created a partnership with Peter Jackson and New Line Cinema to produce three Hobbit movies. Sloan also rebuilt MGM's theatrical, television distribution and marketing units. He launched numerous MGM basic television channels in the US and internationally, including MGM UK, India, Italy, Poland, and Eastern Europe. Sloan also led the MGM effort to successfully launch the Viacom-Lionsgate joint venture, US Pay TV channel EPIX IN 2009.
Under Sloan's four-year watch, MGM generated approximately $500M/year of library cash flow and was able to service the $3.7 billion of acquisition debt without tapping into its corporate revolver. Sloan stepped down from his position as CEO in August 2009 and, remaining as Chairman, recruited a new team to restructure the debt on behalf of MGM's lenders. In December of 2010, MGM confirmed its plan of reorganization creating a new and financially healthy MGM. Sloan officially left the studio in 2011 to launch Global Eagle Acquisition with Sagansky.
One of his biggest career achievements was Sloan’s founding of SBS Broadcasting in 1990 with a personal investment of $5 million. Over the next decade, he was able to build SBS into the second largest broadcaster in Europe, with 16 television stations, 21 premium pay channels and 11 radio networks, reaching 100 million people in nine countries. He led the company's initial public offering in 1993 and sold SBS (Nasdaq: SBTV) for $2.6 billion in October 2005 to Permira and KKR. In 2007, SBS consolidated its operations into Prosieben Sat.1 Media AG, Germany's largest television broadcasting group, creating a European media powerhouse. Sloan served on the Prosieben Sat. 1 Board of Directors until 2009.
Sloan was also one of the founding shareholders of Lionsgate Films in 1999 and served as Chairman of Lionsgate’s Board from 2004-2005.
Prior to founding SBS, Sloan served as Chairman of New World Entertainment Ltd., which he purchased for $2 million in 1983. Over the next three years, Sloan expanded the independent movie production company into television production and distribution as New World became the third largest producer of U.S. primetime television. He led New World's initial public offering in 1985, acquired Marvel Entertainment Group in 1986, and sold the business in 1989 to Ronald Perelman for $270 million. From 1976 to 1983, Sloan was a practicing entertainment lawyer with Sloan, Kuppin and Ament, a law firm which he founded in Los Angeles. Sloan received his B.A. degree from UCLA in 1973 and J.D. Degree from Loyola Law School in 1976.
Throughout his career, Sloan has served as a member of the board for a number of entertainment companies, lending his expertise and knowledge to these business enterprises. In January 2011, Sloan was appointed to serve on the board of Promotora de Informaciones, S.A. or PRISA, Spain's largest media conglomerate, after its 2010 business combination with Liberty Acquisition Corp. He is also a director of ZeniMax Media Inc., a producer of interactive gaming and web content, since 1999 as well as a board member on Prosieben and Lionsgate.
In 1987, Sloan was appointed by President Ronald Reagan to the President's Advisory Council on Trade and Policy Negotiations (ACTPN). He currently serves on the UCLA Anderson School of Management Board of Visitors and the Executive Board of UCLA Theatre, Film and Television.
Mr. Steger has served on the board of directors of Overseas Shipholding Group, Inc. (NYSE: OSG) since August 2014 and currently serves on that board’s Audit Committee and Corporate Governance & Risk Assessment Committee. Mr. Steger previously served on the board of directors of International Seaways Inc. (NYSE: INSW) from November 2016 to June 2017 where he served on that board’s Audit Committee and Corporate Governance & Risk Assessment Committee. Since September 2015, Mr. Steger has served as the Senior Technical Advisor to the Effectus Group, an accounting advisory firm based in Silicon Valley. He has also served on the Advisory Board of ATREG, a global advisory firm specializing in the semiconductor and related advanced technology verticals, since February 2014. Mr. Steger began his career with KPMG in 1976 and was admitted into its partnership in 1986. He served as an SEC Reviewing Partner at KPMG from 2003 to 2013, and retired from KPMG in December 2013. Mr. Steger has a BS in Accounting from Villanova University.