DIRECTORS’ BIOGRAPHIES

The Honorable BJ Penn

Mr. Penn was Acting Secretary of the US Navy from March to May 2009, having previously been Assistant Secretary of the US Navy (Installations and Environment) since 2005. He began his career as a Naval Aviator and was named EA-6B Pilot of the Year in 1972. Throughout his distinguished career, significant leadership assignments included: Executive Officer/Commanding Officer VAQ 33, Battalion Officer at the US Naval Academy, Air Officer in USS America, Special Assistant to the Chief of Naval Operations, Commanding Officer of NAS North Island, CA, and Deputy Director of the Navy Office of Technology Transfer & Security Assistance. Mr. Penn left the Navy in 1995, joining Loral Corporation as Director of International Business. In 1996, Loral sold its defense electronics and system integration businesses to Lockheed Martin and Mr. Penn was assigned to Lockheed Martin’s Corporate Staff. Mr. Penn returned to the US Navy in 2001 as Director of Industrial Base Assessments.

He received his BS in Industrial Technology from Purdue University and his MS in Human Resource Management & Personnel Administration from The George Washington University. He has also received certificates in Aerospace Safety from the University of Southern California and in National Security for Senior Officials from The Kennedy School, Harvard University. Mr. Penn serves as Trustee at The George Washington University and on the Board of the Naval Aviation Museum.

Nabil M. Lawandy

Dr. Lawandy is the founder, President and Chief Executive Officer of the Company. Dr. Lawandy started his career at the NASA Goddard Space Flight Center where he was a pioneer in the development of sub-millimeter optically pumped lasers. From 1981 to 1999, Dr. Lawandy was a tenured full professor of Engineering and Physics at Brown University where his work focused on instabilities in single and multimode lasers and a wide spectrum of non-linear optics and atom-field interaction problems. In addition to Spectra Systems Corporation, he has founded two other companies, Spectra Disc Corporation and Solaris Nanosciences, and has raised over $80 million in investment capital.  

Dr. Lawandy holds a BA in Physics, and an MSc and Ph.D. in Chemistry, all from The Johns Hopkins University. He has authored over 180 reviewed scientific papers and is an inventor on over 80 US and foreign issued patents. His entrepreneurial and scientific work has been covered in several high profile publications including the London Financial Times, The Economist, Scientific American, Science News, Wall Street Journal, Los Angeles Times, Boston Globe, Fox News and BBC Television. He has also received a Presidential Young Investigator Award, an Alfred P. Sloan Fellowship, a Cottrell Award, a Rolex Award for Enterprise and a Samuel Slater Award for Innovation.

Martin Jaskel

Mr. Jaskel has over 40 years of involvement in the financial services industry. He began in the United Kingdom government bond market as a broker with leading firms, latterly as a Partner in W Greenwell & Co. In 1986, W Greenwell was sold to Midland Bank. In 1988, he was appointed Director of Global Sales and Marketing of Midland Montagu Treasury (the treasury division of Midland Bank) after chairing a committee to redesign the distribution of Treasury products. In 1990, he was appointed Director of Global Sales at NatWest Treasury and rebuilt the franchise global distribution of treasury and capital markets products.

In 1994, he was promoted to Managing Director of Global Trade and Banking Services. He sat on the Advisory Board of ECGD, the UK export-import bank, and sat on several government and Bank of England advisory boards. In 1997, he left NatWest and founded a financial services consultancy, which included a consultancy at KPMG Corporate Finance and the corporate FX division of Travelex plc, and an interim appointment as the Managing Director of a private real estate company with a £500 million portfolio of commercial and residential property. In 2005, he joined European American Capital Limited, an FCA-authorized and regulated specialized advisory bank, as a Director. He has wide experience as a Non-executive Director of both publicly quoted and private companies.

Donald Stanford

Mr. Stanford, who was from 1979 until 2001 the Chief Technical Officer of GTECH Corporation, is an Adjunct Professor of Computer Science and Engineering at Brown University and is an instructor in the Program in Innovation, Management, and Entrepreneurship (PRIME). He is also on the faculty of Brown’s School of Professional Studies.  He is a founding member of GTECH (renamed IGT) and over the course of 30 years, he held every technical leadership position, including Vice President of Advanced Development and Chief Technology Officer. Mr. Stanford serves on several boards including YearUp Providence and the Business Innovation Factory. He is a founding board member of Times2 STEM Charter School in Providence and served on its board for 20 years.  In 2008, Mr. Stanford was re-engaged by IGT as a consultant and currently serves as its Chief Innovation Officer.

Mr. Stanford is a past member of the RI Science and Technology Advisory Council. He also served on the Brown advisory councils to the President and the School of Engineering. He holds a BA in International Relations and an MS in Computer Science and Applied Mathematics, both from Brown University. In 1999, Mr. Stanford received both the Black Engineer of the Year Award for Professional Achievement and the Honorable Thurgood Marshall Award for Community Service from the NAACP. In 2002, he received the Brown Graduate School’s Distinguished Graduate Award and the RI Professional Engineer’s Award for Community Service.