Board of Directors

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Board of Directors

Richard Addi

Richard Addi

Director

Richard joined the management team of Exostar in early 2007, initially in the role of Chief Financial Officer. He became Chief Executive Officer in 2011.

Richard was previously the Vice President of Finance and member of the executive management team at Data Systems Solutions (DS&S), a world leader in asset management and predictive maintenance. The company is an international technology leader in various markets, including nuclear, aerospace & defense, and energy. When Richard joined the company it was a joint venture between SAIC and Rolls-Royce.

Prior to joining DS&S, Richard held various positions of increasing leadership, having worked for an international public accounting firm in Washington D.C. for several years before joining Atlantic Research Corporation, a subsidiary of Sequa. Richard then moved to Rolls-Royce North America where he assumed successive positions of responsibility, ultimately as Director of Tax for Rolls-Royce North America. In this position, he managed the design and implementation of corporate restructurings, cross-border financing, mergers and acquisitions, and economic development. In addition, he led the design and implementation of the company’s “Building Financial Acumen” program with the University of Virginia’s Darden School of Business.

In addition to holding an undergraduate degree in Accounting from Marymount University, Richard is a Certified Public Accountant (CPA) and holds a Masters of Tax degree from The George Washington University. He also serves on the Aerospace Industry Association Board of Governors, and is a member of the American Institute for Certified Public Accountants (AICPA).

Michael H. Lustbader

Michael H. Lustbader

Director

Michael shares overall responsibilities for all management and investment activities of the firm. Michael joined upon Arlington’s formation in 1999. Michael has primary responsibility for the firm’s government services investments and shares responsibility for the firm’s software and business services investments. Michael has over 20 years of private equity and merger and acquisition transactional experience having been involved in approximately 50 transactions. Prior to Arlington, Michael worked at Lazard Frères & Co. based out of New York in the Telecommunications and Technology practice, where he focused on advising corporate clients on mergers and acquisitions. Michael’s transaction experience includes MCI Communications’ $43 billion merger with WorldCom – which at one point was the largest non-bank transaction of all-time and 360 Communications’ $6 billion merger with ALLTEL Corporation. While at Lazard, Michael also executed a number of transactions in IT services, including Cap Gemini/Beechwood, Intelligent Electronics/Xerox Corporation, and GE Capital Consulting/Metamor Worldwide.

Michael received an A.B. magna cum laude from Harvard College.

Michael currently serves on the Board of Directors of BlueHalo, Integrated Data Services, Intellectual Technology, Inc., J&J Worldwide Services, Inc., TRP Infrastructure, and Tyto Athene. Michael previously served on the Board of Directors of Apogen Technologies, Centauri, Compusearch Software Systems, Novetta Solutions, MicroPact, Polaris Alpha, Quantum Spatial, SECOR International, SignalTree Solutions, and Zemax.

Benjamin J. Ramundo

Benjamin J. Ramundo

Director

Ben joined Arlington in 2014. Prior to joining Arlington, Ben worked for Jefferies’ Aerospace, Defense, and Government Services investment banking group. While at Jefferies, Ben advised clients on a wide range of transaction activity, including leveraged buyouts, strategic M&A and debt financings. Ben also held summer positions with Raytheon as a co-op and holds a clearance.

Ben graduated cum laude from Georgetown University where he received a B.S. in Finance and a minor in Economics.

Ben serves on the Board of Directors of Integrated Data Services, Pegasus Steel, Stellant Systems, and Systems Planning and Analysis, and Intellectual Technology, Inc. Ben previously served on the Board of Directors of Centauri, Endeavor Robotics and Octo and worked on the firm’s past investments in MicroPact, Novetta, and Polaris Alpha.

Katherine J. Kerchner

Katherine J. Kerchner

Board Observer

In May 2019, Kathy was appointed as an Independent Director of the Exostar Board after serving as that Board’s Lockheed Martin representative from 2008 to 2018.

Prior to her retirement from Lockheed Martin, Kathy served as Vice President of Global Financial Services and CFO for Enterprise Business Services.  She was the Executive Sponsor for the Finance Leadership Development Program (FLDP), Mid-Career Development Program (MCDP) and  Finance Leadership Academy (FLA) . She also led the Finance Transformation initiative for the Corporation. In 2017, Kathy received her industry’s prestigious “Courageous Leader Award.”

Kathy previously served as Vice President of Finance and Business Operations for Lockheed Martin’s Electronic Systems Business Area and Vice President of Finance & Business Operations for their Integrated Systems & Solutions (IS&S) Business Area.

She has served on the Board of Directors for the American Red Cross of Central Maryland and on the Sandia National Laboratory (SNL) Board of Directors.

Kathy lives on Anna Maria Island, FL with her husband.  She has two sons and enjoys spending time with her family, boating, and traveling.