Richard K. Reiling, Chief Executive Officer
Mr. Reiling currently serves as Chief Executive Officer. Until June, 2001, he served as Managing Director
of the Bollard Group, LLC which he co-founded in 1997. The Bollard Group is a Houston-based entity with substantial merger and acquisition experience
as well as significant forays into the venture capital markets. In 1995, he was a founder and ex-Chairman and CEO of Group Maintenance America
Corporation (GroupMAC), later known as Encompass Services (NYSE: ENS). This Houston based company was a leading consolidator of the HVAC (heating,
ventilation and air conditioning) industry. $195 million in gross proceeds were raised and within one year the company was generating revenues in
excess of $1 billion. Mr. Reiling's responsibilities at GroupMAC included the original concept and planning, securing seed and follow-on equity
capital and bank lines of credit, negotiating agreements with acquisition candidates, and identifying and retaining key management and Board members.
From 1989 to 1991, Mr. Reiling was co-founder of and served as Senior Vice President of Acquisitions and a Director of Republic Waste Industries,
Inc., a publicly traded consolidator of a wide range of industries including landfill and solid wast-related businesses. During his tenure at
Republic, the company grew through an aggressive industry consolidation plan from a startup in 1989 to a revenue base of $67 million in 1991.
Currently, Republic Industries (NYSE: RII) has a revenue run rate exceeding $10 billion in fiscal 1997. From 1974 to 1989, Mr. Reiling served
as President of three private companies involved in the septic, sewer and plumbing services, spill clean up and remediation, and indoor air
quality. In 1987, Mr. Reiling sold one of these companies (Roberts Environmental Services) to Allwaste, Inc., an industrial services company
traded on the NYSE, eleting to receive stock in Allwaste's first round of consolidating acquisitions after completing its initial public
offering. Subsequently, Allwaste expanded by acquisitions to a revenue base exceeding $400 million prior to being itself acquired. Mr.
Reiling served as Chief Executive Officer of Harbor America, Inc., a Houston-based Professional Employer Organization, from 2001-2003.
Mr. Reiling graduated from the University of Oregon with a Bachelor of Science Degree.