Biography

Troy A. Stovall brings over 15 years of experience in the fields of telecommunications, information/communication technology, management consulting, investment management, and non-profit leadership/management. Beginning in July-2004, Mr. Stovall assumed the position of Senior Vice President, Finance & Operations for Jackson State University (JSU) in Jackson, MS. In that role, Mr. Stovall has responsibility for the finances, facilities, construction, auxiliaries, economic development and strategy implementation for a university with over 8,000 students and a budget of over $90M. In addition, Mr. Stovall serves as Treasurer of the JSU Development Foundation and Executive Director of the JSU Educational Building Corporation (EBC). Mr. Stovall is also Managing Member and Founder of LeMaile Stovall LLC, a management consulting/advisory/interim senior management firm targeted at small/mid-size technology firms and economic development agencies looking to enhance their strategic thinking, management team, internal operations and funding sources. Prior to LeMaile Stovall, Mr. Stovall was Co-Founder and CEO of GulfSouth Capital, Inc. and Managing General Partner of GS Ventures (GSV), LLC. At GulfSouth, Mr. Stovall was responsible for overall investment and fund-raising responsibility for $100M+ across 3 funds: GSV, Palmer Foundation (education and the arts in MS) and John N Palmer's (SkyTel Founder and Ambassador to Portugal) personal investment portfolio.

Prior to GulfSouth, Mr. Stovall was a Senior Engagement Manager at the strategy management-consulting firm, McKinsey & Co., where he served firms in the telecommunication services and equipment, computers, specialty chemicals and information technology sectors in areas of operations, organizational design, and strategy. Mr. Stovall was a leader in McKinsey's Telecom Practice where he authored well-reviewed papers on Internet commerce, ISPs and wireless data.

Mr. Stovall has also had experience at Rockwell International, AT&T Bell Labs, and Southwestern Bell Telephone Company (SWBT) in their management-training program, Advanced Management Program (AMP). He received two SWBT Key Awards for Outstanding Service in 1989 and 1991.

Mr. Stovall has held several leadership positions:

• With the National Society of Black Engineers (NSBE), including National Conference Planning Chair, National Finance Chair, Alumni National Treasurer, and National Advisory Board. Director for Internet America (OTC BB:GEEK.OB).
• Southern Methodist University's (SMU) School of Engineering Executive Advisory Board and SMU's Electrical Engineering Department Advisory Board, from 2000-2004 serving as its first Chairperson.
• Mr. Stovall holds a BS in Electrical Engineering cum laude ('87) from SMU, MS in Computer Science ('89) from Stanford University and an MBA ('94) from Harvard Business School.

Mr. Stovall is married to the former Sonya L Wiggins, they have two children, Zora Lauren and Langston Anthony, and a Shih Tzu named Lucky.