Governance

Management

B.J. Parrish was appointed as the company’s Interim Chief Executive Officer in November 2020. Mr. Parrish was appointed to the board of directors of FC Global/GPI upon closing of the stock transaction on April 5, 2019 and has served as a member of Gadsden’s board of directors since Gadsden’s formation. Mr. Parrish has served as the Chief Financial Officer and Secretary of Cibolo Creek Partners, LLC since 2005. He has been a Director since 2013. He is responsible for the financial management of Cibolo and the 12 limited partnerships of which they serve as General Partner. Mr. Parrish is also instrumental in the raising of capital through both the equity and debt markets for all the company’s investment ventures. Prior to Cibolo, Mr. Parrish served as the Vice President of Cibolo’s predecessor company, Midland Red Oak Realty where he was involved in the formation of a $100 million credit facility, as well the acquisition and disposition of over $200 million worth of commercial real estate assets across the southwest United States. Prior to Midland Red Oak, Mr. Parrish was a financial analyst and a manager of investor relations with Southwest Royalties, Inc., a privately held oil and gas exploration and production company. Mr. Parrish is Chief Operating Officer and also serves on the Board of Directors of Clearday, Inc., a company dedicated to providing high quality longevity care to older Americans. Mr. Parrish received a BBA in Finance and an MBA, both from the University of Texas Permian Basin.

Board of Directors

B.J. Parrish was appointed as the company’s Interim Chief Executive Officer in November 2020. Mr. Parrish was appointed to the board of directors of FC Global/GPI upon closing of the stock transaction on April 5, 2019 and has served as a member of Gadsden’s board of directors since Gadsden’s formation. Mr. Parrish has served as the Chief Financial Officer and Secretary of Cibolo Creek Partners, LLC since 2005. He has been a Director since 2013. He is responsible for the financial management of Cibolo and the 12 limited partnerships of which they serve as General Partner. Mr. Parrish is also instrumental in the raising of capital through both the equity and debt markets for all the company’s investment ventures. Prior to Cibolo, Mr. Parrish served as the Vice President of Cibolo’s predecessor company, Midland Red Oak Realty where he was involved in the formation of a $100 million credit facility, as well the acquisition and disposition of over $200 million worth of commercial real estate assets across the southwest United States. Prior to Midland Red Oak, Mr. Parrish was a financial analyst and a manager of investor relations with Southwest Royalties, Inc., a privately held oil and gas exploration and production company. Mr. Parrish is Chief Operating Officer and also serves on the Board of Directors of Clearday, Inc., a company dedicated to providing high quality longevity care to older Americans. Mr. Parrish received a BBA in Finance and an MBA, both from the University of Texas Permian Basin.

Mr. Pigman joined the Gadsden Board of Directors in 2019 with Gadsden’s acquisition of FC Global. Having served as a member of FC Global’s Board of Directors since June 2018. As President of The Pigman Companies, LLC, or TPC, Mr. Pigman coordinates acquisition, planning, financing, development, construction, and disposition of commercial real estate projects for TPC, its partners, and institutional and corporate clients. Before the creation of TPC in 1994, Mr. Pigman was a titled officer and partner of The Koll Company of Newport Beach, CA. Prior to joining Koll in 1989, Mr. Pigman was President of The Sandpiper Companies, a real estate development firm headquartered in Scottsdale, Arizona; and an executive with Coldwell Banker Commercial Real Estate Group. He served as President for five years of the Sacramento Valley Chapter of National Association of Industrial and Office Properties, or NAIOP, and was a member of the National Board of Directors of NAIOP and Vice Chairman for the NAIOP National Office Development Forum. He also was Vice President of Development and a member of Board of Directors for the Sacramento Area Commerce and Trade Organization, Chairman of the Building Industry Association Commercial Developer’s Council, and a member of numerous other trade organizations and Chambers of Commerce. Mr. Pigman has been and continues to be involved in a number of charitable organizations, including The Comstock Club, Easter Seals, the American Lung Association, the Police Athletic League, the Leukemia Society, The Heart Foundation, the Principal for a Day Program, and the Boy Scouts of America, having attained the rank of Eagle Scout in that organization. Mr. Pigman graduated with honors from The Mercersburg Academy in Mercersburg, PA, accepted an English Speaking Union “Jr. Rhodes” Scholarship and took his ‘A’ levels at The Truro School, Truro, Cornwall, UK, attended Rollins College in Winter Park, FL on a baseball scholarship, and earned a B.S. in Economics cum laude from The University of Maryland. Mr. Pigman was selected to serve on the board of GPI because of his extensive real estate development experience.

Mr. Walesa is a member of the board of directors. Mr. Walesa has more than three decades of experience in financial services with an emphasis on the energy industry. In 1988, Mr. Walesa founded the Asset Management & Protection Corporation (AMPC), where he currently serves as its Principal. AMPC started from scratch and today manages over $500 million. Mr. Walesa is a licensed registered representative and Principal carrying FINRA licenses 6, 7, 22, 24, & 63 through Triad Advisors. Mr. Walesa and AMPC clients continue to provide startup capital for energy and real estate related companies. Mr. Walesa entered the energy industry in 1992 in the Permian Basin. He and some of his clients were original investors in Basic Energy Services (BAS: NYSE) and Southwest Royalties, now part of Clayton Williams Energy (CWE: NYSE). His prior experience includes serving as a founding member of the Offshore Energy Center in Galveston, Texas, and serving as a registered representative for First Investors (FIC), where he became the youngest vice president in firm history at age 26. Mr. Walesa previously served on the board of NASDAQ-traded Company (NASDAQ: CBF). and currently serves as the chairman of the board of Citadel Explorations (NASDAQ: COIL) and a member of the boards of Caerus Hospitality, and AmpliSine Labs. He was the Chicago Chairman for the National Multiple Sclerosis Society and is a member of the Alzheimer’s Alois Society in recognition of his leadership and support of the Alzheimer’s Association to prevent and cure dementia related disease. Mr. Walesa received a BS in Business Administration from Rockford University.