ABOUT ALAN CLINGMAN

ABOUT ALAN CLINGMAN

Alan Clingman is currently Founder & CEO of Yellow River Asset Management since January 2008 and Chairman of JHD Holdings Limited since January 2008. Mr. Clingman is a Co-founder of LRG Energy, a Texas-based oil and gas producer since February 2018. A lifelong entrepreneur, Mr. Clingman, in 2003, founded Cortiva Education, which was later acquired by Steiner Leisure (Nasdaq: STNR) in October 2011. As former CEO and Chairman of Marquis Jet, from 2001-2003, Mr. Clingman built Marquis Jet from a simple idea into a dynamic pioneer in the aviation industry. The company was acquired by NetJets, a Berkshire Hathaway company, in 2010. Mr. Clingman was involved in several successful startups during the Internet revolution of the 1990s including TradeOut, Advanced Data Exchange, WorldSpy, RentPort, and High 5 Games, in which the Clingman family still maintains a major interest. In 1988 he purchased a small New York based commodity trading firm, AIOC Corp., and significantly grew AIOC’s annual revenues. During this period of time, he started one of the first broker dealers in Russia as well as three successful banks in Ukraine, Kazakhstan, and Uzbekistan. Mr. Clingman started in 1981 his first venture, Coal & Carbon Industries, brokering crude oil and commodities. Mr. Clingman is well qualified to serve as a director due to his extensive experience in startup, venture, finance and investment.