Renny Smith is the managing partner of Staley Capital Partners with over two decades of experience in private equity investing. For much of his private equity career, Renny has specialized in marketing services and information technology solutions for retail and consumer products. Renny joined Thomas H. Lee Partners in 1990 and was one of the partners responsible for investing Thomas H. Lee Equity Funds II, III and IV. In 1999 Renny co-founded TH Lee Putnam Ventures, which focused on growth equity investments in technology enabled business services companies. Continuing the successful investment strategy of TH Lee Putnam Ventures, Renny co-founded Staley Capital Partners in 2008. Prior to joining Thomas H. Lee Partners, Renny was a corporate finance generalist in the investment banking division of Merrill Lynch & Co. In addition to the Parago board, Renny currently serves on the boards of Aspen Marketing Services and 4R Systems.

Renny is a member of the Board of Trustees of Wesleyan University, from which he graduated cum laude with a BA in Economics. He received his MBA from the Tuck School of Business at Dartmouth College and currently serves as the Chairman of the Board of Advisors for Tuck’s Center for Private Equity and Entrepreneurship. Renny also serves on the Board of Trustees of Burke Mountain Academy, a ski academy in East Burke, VT.

Mr. Andrews served as Chairman of the Board and Chief Executive Officer of Eyecare Centers of America (“ECCA”), a retail optical chain of 380 stores, from March 1996 until July 2001, and continued to serve as Chairman of the Board until December 2003.

Prior to ECCA, he held roles at several of the nation’s most recognizable retail brands, including President and Chief Operating Officer of Montgomery Ward, and Executive Vice President of Store Operations and Marketing of Circuit City Stores, Inc. Mr. Andrews spent 20 years with Sears, Roebuck & Co. in a number of merchandising, marketing, and operating positions. In addition to serving as a Parago Director, He is on the board of Sunflower Farmer’s Market, Sentient Medical Systems and B&M Racing.

Mr. Lundeen has been a director at Parago since 1999. From 1999 through 2002, Mr. Lundeen was a partner with Watershed Capital, a private equity firm based in Mountain View, California. Prior to Watershed Capital, he served as the Chief Financial Officer and Chief Operating Officer of BSG and was President of Blockbuster Technology and Vice President of Finance of Blockbuster Entertainment Corporation. Prior to that time, Mr. Lundeen was an investment banker with Drexel Burnham Lambert in New York City.

Mr. Riese is President of RIESE & OTHERS, which provides advisory services to CEOs in developing and executing market share and revenue growth strategies. Prior to forming the company, he spent 18 years at American Express, ultimately as President of the Consumer Card Group leading the teams that turned around American Express’ core business.

Before his tenure American Express, Mr. Riese was a Division Executive at Chase Bank and a partner at M.C. Geffen, a consulting firm in South Africa. He has also served as CEO of two early stage companies, is an Operating Partner of a private equity firm, and serves on a number of boards of private and public companies.

Ms. Spottiswood helped form Parago in early 1999 as the company’s CFO and was promoted to President and CEO in 2007. She is responsible for strategic expansion of the company’s incentive services offerings and driving innovation within the rebate processing and incentives industry. Ms. Spottiswood, a Director of Parago, also serves as a board member and Treasurer of the Network Branded Prepaid Card Association (NBPCA), an association formed to promote the use of prepaid rebate cards as an alternative payment vehicle.

In 2009, Ms. Spottiswood was the recipient of the Ernst & Young Entrepreneur of the Year in the Southwest region, as well as the Best Entrepreneur by the Stevie® Awards for Women in Business.

Prior to joining Parago, Ms. Spottiswood served as Vice President of Corporate Financial Planning at Excel Communications where she worked directly on the company’s IPO and played a key role in the $1.2 billion acquisition of Telco Communications and $7 billion merger with Teleglobe, Inc. Ms. Spottiswood began her career at Arthur Andersen LLP.