Milton "Todd" Ault III
Chairman of the Board
Milton C. (Todd) Ault III, the Chairman of the Board of our company, has nearly 30 years of experience identifyingvalue in multiple asset classes in numerous financial markets as an entrepreneur, private equity investor, board member andcorporate executive. Since March 2017, Mr. Ault has spent a substantial portion of his time transforming BitNile into a diversified holding company with interests in the defense-aerospace, industrial, automobile, telecommunications, medical-biopharma andtextile industries. Mr. Ault has been the Executive Chairman of the Board of BitNile from March 2017 to date, and served as its Chief Executive Officer from December 2017 to January 2021.
Mr. Ault also serves as the Chairman Emeritus of Alzamend Neuro, Inc. ("Alzamend Neuro"), a biopharmaceutical company focused on developing novel products for the treatment of neurodegenerative diseases and psychiatric disorders, since June 2021, and previously served as its Executive Chairman of the Board from February 2016 to June 2021. Mr. Ault serves asthe Executive Chairman of the Board of Avalanche International Corp. dba MTIX International ("Avalanche"), a publicly-traded company engaged in developing advanced materials and processing technology for textile applications, since September 2014.Further, Mr. Ault serves as the Chairman of the Board of Ault & Company, Inc., a holding company with various investments, since December 2015. Additionally, Mr. Ault has been the Vice President of Business Development for MCKEA Holdings, LLC, a private wealth management family office, since January 2011.
As our Chairman, Mr. Ault will lead our board of directors and guide our company. Mr. Ault brings extensive knowledge of the current business environment and a deep background in identifying undervalued businesses and disruptive technology companies and transactional expertise in mergers and acquisitions, financial restructuring and capital markets.