Board of Directors

L. Raymond Moncrief
Executive Vice President at Kentucky Highlands Investment Corporation

Ray Moncrief has in-depth experience in startup, expansion, and divestiture of businesses, and is currently Executive Vice President and Chief Operating Officer of Kentucky Highlands Investment Corporation. He also serves as President and Chief Executive Officer of Mountain Ventures, Inc., a Small Business Investment Corporation (SBIC) licensed by the U. S. Small Business Administration and a wholly-owned subsidiary of Kentucky Highlands Investment Corporation. Additionally, Mr. Moncrief is an active Director on ten corporate Boards of Directors, and is a member of the Board of Governors of the National Association of Small Business Investment Companies (NASBIC) and is a past member of the Executive Committee of NASBIC. He has participated in several study groups analyzing capital needs in rural areas including an economic round table at the White House and has traveled nationally and internationally speaking about the use of equity investment as an economic development strategy.

Greg Survant
Board Chair at Spiritual Leadership, Inc.

With more than 25 years leadership and management experience at IBM and Lexmark International, Inc, he brings a diverse understanding of systems, technology, business issues, strategy, analytics and people, producing breakthrough results in new product development, manufacturing and supply chain. As vice president of Lexmark’s Business Products business area, Greg Survant oversaw a product line that garnered the most awards in the desktop laser printer industry for three years running. Survant was a driving factor in creating Lexmark’s hardware development laboratory in the Philippines where he led the development and implementation of a new global design and manufacturing sourcing strategy that delivered world-class costs. He championed Lexmark’s Operational Excellence and corporate social responsibility initiatives and was responsible for just under $1B in cost and expense and 1,600 employees.

Edward Crowley
President and CEO, Photizo Group

Edward Crowley has more than 20 years of experience in the hardcopy industry, including key leadership positions at QMS, DataProducts and Lexmark. Most recently Crowley was the senior manager for global marketing and product strategy in Lexmark’s PS&SD Division. Crowley is a board member of the MPSA and a speaker at conferences worldwide on the topics of brand strategy, the hardcopy markets, and marketing strategy and intelligence.

Frank A. Stefansson, Jr.
Prior to joining Photizo, Stefansson served as Lyra’s CEO, a position he held since 2000. Stefansson joined Lyra in 1994 as chief operating officer and was responsible for management of the company’s sales, marketing, research, editorial, finance and IT groups. Stefansson worked for 10 years at BIS Strategic Decisions, where he served as vice president of marketing for the firm’s conferences, publications, and trade shows. He also has provided consultation to numerous research firms in the areas of editorial, marketing, and conference management, including Blackstone Research and Decision Resources. Stefansson has more than 30 years of experience in IT industry market research and publishing.

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