Raymond J. Harbert

Raymond J. Harbert graduated from Auburn University in 1982 with a degree in Industrial Management and immediately began his career with Harbert International, Inc., a subsidiary of Harbert Corporation. In December 1986, Mr. Harbert was named President of Harbert Properties Corporation, HMC’s real estate subsidiary. In January 1989, Mr. Harbert was elected Vice President of the holding company, Harbert Corporation, where his responsibilities included overseeing subsidiary operations, managing corporate mergers and acquisitions, and reviewing and making equity and venture capital placements. Mr. Harbert was elected President and Chief Executive Officer of Harbert Corporation in July 1990. In 1994, Mr. Harbert formed Harbert Management Corporation (HMC) as an alternative asset investment management firm. Mr. Harbert currently serves as Chairman and Chief Executive Officer of Harbert Management Corporation. Mr. Harbert serves on the Board of Trustees of Auburn University, serves as a Trustee for the State of Alabama Trust Fund, and serves as a Trustee of the Robert Meyer Foundation. He is Vice Chairman of the Board of Directors and Executive Committee of Children’s Hospital of Alabama. In addition, Mr. Harbert serves as a member of the President’s Advisory Board of the University of Alabama at Birmingham, and serves on the Benefactors Society Board for The College Foundation for the University of Virginia. Mr. Harbert is a past member of the Young Presidents’ Organization and Leadership Alabama. In 2006, Mr. Harbert was awarded the regional Ernst & Young’s Entrepreneur of the Year Award for Financial Services.

Michael D. Luce

Mr. Luce joined HMC in 1995 and serves as its President & COO.  Before joining the firm, Mr. Luce worked with Bear Stearns & Company, where he served as a member of the Commitment Committee, Chairman of the Equity Committee, and as a Senior Managing Director in the New York office. While with Bear Stearns, Mr. Luce primarily focused on mergers, buyouts, and debt and equity transactions for public and private companies. He serves on the Board of Directors of Presidential Financial Corporation, Dent-A-Med and Children's Harbor. Mr. Luce earned a Bachelor of Business Administration in Finance from the University of Miami and a Master of Business Administration degree from the University of Michigan.

David A. Boutwell

Mr. Boutwell joined HMC in 1994 and became its Executive Vice President & CAO in 2002.  Mr. Boutwell is a Certified Public Accountant and Certified Management Accountant, and he practiced with Ernst & Young from 1979 to 1990. There, he specialized in internal controls, manufacturing companies and public company SEC reporting. Mr. Boutwell joined Harbert Corporation in 1991 as its Director of Financial Projects and became its Controller in 1992. He earned a Bachelor of Sciences and a Master of Arts in Accounting, both from the University of Alabama. He is a member of and provides financial expertise to all of the HMC investment committees.

Charles D. Miller

Mr. Miller joined HMC in 1994 and became Executive Vice President & CFO in 2002.  Mr. Miller previously worked with Harbert Corporation.  He joined Harbert Corporation in 1985 and played a key role in that firm’s transformation from an operating conglomerate. During his career, he has served in various treasury and financial management roles, including Treasurer, Chief Financial Officer and Director of Corporate Acquisitions. His current responsibilities include the management of all fund raising and investor relations operations, along with credit and treasury functions across HMC. Before joining Harbert Corporation, Mr. Miller held various project management positions with Brown & Root in Houston, Texas and Venezuela. He holds a Bachelor of Science degree in Civil Engineering from Auburn University and has completed the Wharton Executive Program at the University of Pennsylvania on Financial Management.

William W. Brooke

Mr. Brooke joined HMC in 1994.  Mr. Brooke is a Partner of the Harbinger/Aurora Venture Funds and serves on those funds’ Investment Committee and Members’ Advisory Committee. He serves on the boards of Innovative Biosensors, Maxcyte and NovaMin, as well as Southeast BIO, Atlanta Venture Forum, Biotechnology Association of Alabama, TechBirmingham and Innovation Depot.  Mr. Brooke is also a board observer at Aldagen, nContact Surgical and Optimal Readings. He has been advising start-up companies for more than 20 years and previously served on the boards of AV Holdings (Atherotech), Visador, Nationwide Homes, Emageon and Aldagen. An Executive Vice President and Board member of HMC since inception, Mr. Brooke initially served as the firm’s General Counsel and later as its Chief Operating Officer. Before joining HMC, Mr. Brooke served as General Counsel of Harbert Corporation.  Prior to that role, he was a founder and managing partner of Wallace, Jordan, Ratliff and Brandt, a law firm in Birmingham, AL. He is a guest lecturer on venture capital for the MBA programs at the University of Alabama and the University of Alabama at Birmingham, and he previously served as Chairman of Southeast BIO. He holds a Bachelor of Science degree in Business Management and a degree in law (J.D.), both from the University of Alabama.

John W. McCullough

Mr. McCullough joined HMC in 2006 as a Vice President and Associate General Counsel, and was appointed Senior Vice President and General Counsel effective March 9, 2009. Before joining HMC, he served as Associate General Counsel at Vesta Insurance Group, Inc. Prior to this role, Mr. McCullough was a partner in the Birmingham office of Balch & Bingham LLP, where he focused on corporate and securities law. Mr. McCullough received a Bachelor of Arts in Economics from Washington and Lee University and received a law degree from the Cumberland School of Law of Samford University.

Joel B. Piassick

Mr. Piassick joined HMC as a Vice President and Director of Investments in April 1998 and served as General Counsel from May 2000 through December 31, 2005. He was elected Executive Vice President on December 5, 2001, and was re-elected as General Counsel on September 26, 2008. Mr. Piassick also is a member of several HMC investment committees. Previously, Mr. Piassick served as an outside director of HMC and as an advisor and attorney to HMC and its affiliates. From 1967 to 1990, Mr. Piassick was a member of the Atlanta law firm of Smith, Gambrell & Russell. Mr. Piassick joined the firm of Kilpatrick Stockton LLP in 1990, where he maintained a relationship through 2007. Mr. Piassick’s legal practice focused on general business matters and financial restructuring. He is a graduate of Tulane University and the University of Virginia School of Law, graduating with a Bachelor of Law degree in 1965. He is a Fellow and member of the Board of Directors of the American College of Bankruptcy and an emeritus trustee of the Southeastern Bankruptcy Law Institute, which he has served as President and Chairman.