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Richard M. Schapiro

Director, Chairman of the Compensation Committee

Richard Schapiro has served as a director since 2015. Mr. Schapiro is a retired corporate and investment banker with over 35 years of experience covering financial services and health care sectors. Mr. Schapiro joined Salomon Brothers Inc. in 1979 and over his 18 years at the firm covered thrifts, government agencies, and insurance companies. From 1997 to 1999, he ran the health care group at ING Baring Furman Selz and joined the fledging health care group at Bank of America Merrill Lynch in 1999 to cover managed care companies and expand the firm's investment banking business. After 15 years at Bank of America Merrill Lynch, he retired in 2014. Since April 2015, Mr. Schapiro has served as the Chief Executive Officer of SchapiroCo LLC, acting as a consultant to health care companies and helping design and implement their long-term capital plans. Mr. Schapiro also serves as an independent member of the board of directors of Transamerica Corporation. He graduated from Case Western Reserve University in 1977 with a Bachelor of Science Degree in Accounting, received his Juris Doctor Degree from New York Law School in 1980 and his Master's in Business Administration Degree from Bernard M. Baruch College (now the Zicklin School of Business) in 1980.

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