Executive Chairman of the Board
Heng Fai Ambrose Chan has served as a director of the Company since February 12, 2017. Mr. Heng Fai Ambrose Chan spent the past 45 years specializing in financial restructuring and corporate transformation to unlock value and unleash entrepreneurial zeal while managing risk. He has successfully restructured more than 35 corporations in diversified industries in different countries. Most notably, 4 out of the 35 restructured companies have combined current market capitalization of over USD 18.5 billion and in the process, created 4 “unicorns”. Mr. Chan’s passion for company transformation is shown through an average investment multiple of over 48X for each investment including 6 outstanding companies. This not including his first venture he started out during his college days. To learn more about Mr. Chan’s background, visit www.hfunicorn.com.
Frank D. Heuszel, Esq. has served as a director of the Company since July 30, 2018. Initially as an independent director and chairman of the DSS Audit Committee. On April 11, 2019, the DSS Board requested he serve as the Company’s Interim Chief Executive Officer and since April 17, 2019 as the Company’s interim chief financial officer. On May 7, 2019, the DSS Board of Directors appointed Mr. Heuszel as its permanent CEO. As result of the multiple DSS management roles that he has been asked to serve, he has been reclassified from an Independent Director to a Non-Independent Director.
Mr. Heuszel is a Certified Public Accountant (retired), a Certified Internal Auditor, a commercial banker, and a practicing attorney. Mr. Heuszel from 2016-2017 was the sole proprietor of the Law Offices of Frank D. Heuszel. In addition, he has more than 40 years of experience in banking, accounting and finance, auditing, and turnaround management. As a banker, in 2015 Mr. Heuszel served as General Counsel and Executive Vice President of Patriot Bank in Houston Texas. Mr. Heuszel has also served as audit manager, chief financial officer, senior lender, director of Special Assets, credit officer, director of compliance, and general counsel across multiple organizations. Based upon his 30+ years of managing large corporate reorganization and restructures, Mr. Heuszel is recognized as an expert in the management of troubled companies.
He graduated from the University of Texas at Austin from the McCombs School of Business with a BBA, and he received his JD from South Texas College of Law. Mr. Heuszel is a member of the Texas State Bar, Association of Corporate Counsel, Texas Society of Certified Public Accountants, Houston Chapter of Certified Public Accountants, and the State Bar of Texas Bankruptcy Section.
John "JT" Thatch has served as a director of the Company since May 9, 2019. Mr. Thatch is an accomplished professional and entrepreneur who has started, owned and operated several businesses, both private and publicly traded, in various sectors, including retail, wholesale, educational services, finance, real estate management and technology. Currently, Mr. Thatch is chief executive officer and a director of Sharing Services Global Corporation, a publicly traded holding company focused on the direct selling and marketing industry. He is also a principal of Superior Wine & Spirits, LLC, a Florida-based company that imports, wholesales and distributes wine and liquor. In addition, Mr. Thatch has served as CEO for multiple organizations, including Universal Education Strategies, Inc. an organization consisting of six companies that specialized in the development and sales of educational online products and services and Onscreen Technologies, Inc., currently listed on NASDAQ as CUI Global, Inc., a global leader in the development of cutting-edge thermal management technologies for integrated LED technologies, circuits and superconductors. Mr. Thatch’s public company financial and management experience in the strategic growth and development of various companies qualify him to serve on the Company’s Board.
Samson Lee has served as a director of the Company since August 5, 2019.A co-founder of STO Global X, a technology and service provider for security token exchange solutions, he has also served as the chief crypto-economic advisor for the Gibraltar Stock Exchange and Gibraltar Blockchain Exchange since September 2017. Mr. Lee also founded Coinstreet Partners, a consultancy firm focused on blockchain, fintech, cryptocurrency and digital assets, and has served as its CEO since inception. Mr. Lee previously served as managing director at uCast Global Asia, the executive vice president of the Greater China region at Movideo and vice president and general manager of the Greater China and South Asia Pacific regions at NeuLion Inc. Mr. Lee received his Bachelor of Commerce degree from the University of Toronto and his MBA and MS degrees from the Hong Kong University of Science and Technology. Mr. Lee’s extensive experience and recognized expertise in the fields of technology, blockchain, cryptocurrency and fintech, combined with his experience as CEO and managing director of successful international businesses qualifies him to serve on the Company’s Board.
Jose Escudero has served as a director of the Company since August 5, 2019. He currently serves as the managing partner at BMI Capital Spain, a private investment bank. Previously, he served as a principal at Hallman & Burke, an international consulting firm. Mr. Escudero has a B.Sc. in Economics from the Francisco de Vitoria University and a master’s degree in Corporate Finance and Investment Banking from the Options & Futures Institute. Mr. Escudero’s experience in merger and acquisitions, corporate finance, and international trade along with his education in economics and finance and investment banking qualifies him to serve on the Company’s Board.
William Wu is a managing director of Investment Banking at Glory Sun Securities Limited. Previously, he was executive director and chief executive officer of Power Financial Group Limited and has served as a director of Asia Allied Infrastructure Holdings Limited, as a director and chief executive officer of RHB Hong Kong Limited and as the chief executive officer of SW Kingsway Capital Holdings Limited (now known as Sunwah Kingsway Capital Holdings Limited).Mr. Wu holds a Bachelor of Business Administration degree and a Master of Business Administration degree of Simon Fraser University in Canada. He was qualified as a chartered financial analyst of The Institute of Chartered Financial Analysts in 1996.
Mr. Wu previously worked for a number of international investment banks and possesses more than 26 years of experience in the investment banking, capital markets, institutional brokerage and direct investment businesses. He is a registered license holder to carry out Type 6 (advising on corporate finance) and Type 9 (asset management) regulated activities under the Securities and Futures Ordinance (Chapter 571 of the Laws of Hong Kong). Mr. Wu has served as a member of the Guangxi Zhuang Autonomous Region Committee of the Chinese People’s Political Consultative Conference in January 2013. Mr. Wu’s experience in banking, capital markets, investment banking, Asian economic and banking dynamics, and education in corporate finance and asset management qualifies him to serve on the Company’s Board.
Mr. Lowell Lo is currently Chairman and Managing Director of the BMI Intelligence Group Limited, a leading corporate consulting and financial services firm in the Asian Pacific Region he founded in 1995, and is responsible for the overall management, strategic planning and development of the firm. Prior to establishing BMI Intelligent Group, Mr. Lo was the Audit Manager of Deloitte Touche Tohmatsu for nine years, including two years of service in Deloitte's U.S. headquarters. Mr. Lo has extensive experience with initial public offerings and has participated in the listings of several companies including Ajisen Remen, 361 Degrees Group, Lilanz Group and IGG. Mr. Lo's professional qualifications include Hong Kong Certified Public Accountants (CPA), American Institute of Certified Public Accountants (AICPA), Information Systems Auditor and Control Association (ISACA) and Senior International Finance Manager (SIFM). Mr. Lo is also currently an independent, non-executive board member of Chongqing Machinery & Electric Co., Ltd. and Tenfu (Cayman) Holdings Company Limited, both Hong Kong Exchange-listed companies. Mr. Lo received his bachelor's degree in Business Administration from the Chinese University of Hong Kong and master's degree from the New Jersey Institute of Technology. Mr. Lo's financial expertise and experience in the management and strategic development of various companies qualify him to serve on our Board of Directors.