Richard E. Kipper

Mr. Kipper is a former Chief Executive Officer of AFSA Data Corporation, a company that he co-founded in 1967 which specializes in the servicing of student loans. AFSA was acquired in 1973 by First Chicago Corporation. Mr. Kipper was subsequently elected Vice President, Division Head of the Data Services Group of First Chicago, responsible for three subsidiaries and one division of First Chicago.

In 1980, Mr. Kipper re-acquired AFSA from First Chicago. AFSA became the largest service of student loans and was sold to Fleet Financial Group in 1986. Mr. Kipper remained Chairman and Chief Executive Officer of AFSA until his retirement in 1990. From 1991 to 1998, Mr. Kipper served as the Chief Executive Officer of Major Legal Services.

Today, Mr. Kipper serves on the board of directors of a number of financial services companies including The Guggenheim Capital, LLC in which he also serves as Chair of the Audit Committee. Mr. Kipper’s primary charity work is with the Alzheimer’s Association in which he is currently serving as the national chair. In addition, he is an advisor to the ABA Commission on Law and Aging and the Borchard Foundation for the ABA Justice and Education Fund.