Board of Directors

Vincent A. Wasik was appointed as Velocity Express Chairman of the Board in August 2001 and was further appointed President and Chief Executive Officer in July 2003. Mr. Wasik is also the Co-Founder and a Principal of MCG Global. With MCG Global and previously as President of Fidelco Capital Group, Mr. Wasik has been the sponsor of numerous private equity and leveraged buyout transactions. Mr. Wasik has served as Chairman and CEO of National Car Rental System, Inc., after leading the $1.6 billion leveraged buyout from Household International in 1986. As Vice President of Wesray Corp., he participated in a number of transactions such as Gibson Greeting Cards, RCA Mobile Communications and Avis Car Rental. Prior to Wesray he strategically positioned Holland America Line as one of the industry's leading upscale cruise lines, serving as the company's President and CEO. In addition, he has been Executive Vice President and a Board Member of the Hertz Corporation. Mr. Wasik is also an Advisory Board Member of Mitchell's/Richards, the largest upscale clothing retailer in Connecticut.

Mr. Wasik holds both a Bachelor of Arts (Cum Laude) and a Masters of Business Administration degree from Michigan State University. He has served as a Captain in the U.S. Army, receiving the Army Commendation Medal for outstanding achievements. In addition, he has been awarded the Chicago Tribune Silver Award for Leadership.

Alex Paluch was appointed to the Board of Directors in August 2001.  Since 1997, Mr. Paluch has been a General Partner at East River Ventures Partnership, an investment firm, which focuses in part on emerging technology-driven companies.  Mr. Paluch currently serves on the board of directors of Equity Enterprises, Inc.

Richard A. Kassar was appointed to the Board in August 2002.  Mr. Kassar has been employed as Senior Vice President and Chief Financial Officer of The Meow Mix Company since 2002.  From 2001 to 2002, he was self-employed as a consultant to venture capital firms, advising them primarily on the acquisition of consumer brands.  From 1999 to 2001, Mr. Kassar was employed as Co-President and Chief Financial Officer of Global Household Brands.  From 1986 to 1999, he was employed by Chock Full O'Nuts in various positions, and had served as Senior Vice President and Chief Operating Officer.  Mr. Kassar also serves as a director for World Fuel Services, Inc.

Leslie E. Grodd was appointed to the Board in January 2003. A Certified Public Accountant and an AV rated Martindale Hubbell attorney, Mr. Grodd is a member of the Commercial Transaction Practice Group at Halloran & Sage, LLC. Attorney Grodd has thirty- two years of experience as an attorney in Connecticut as a Principal in the law firm of Blazzard, Grodd & Hasenauer, P.C., Westport, Connecticut. Prior to forming the law firm, Mr. Grodd was a member of the tax department with Coopers & Lybrand (now PricewaterhouseCoopers).

Mr. Grodd received his A.B. from the University of Vermont. He went on to receive his J.D. from St. John's University and his M.B.A. in Taxation from New York University. Mr. Grodd is admitted to practice law before the courts of Connecticut, New York, the District of Columbia, the Federal District Court of Connecticut, the United States Tax Court, and the United States Supreme Court.

Mr. Grodd has held numerous leadership positions in the past for the Connecticut Bar Association, including chair of the Executive Committee of the Tax Section of the Connecticut Bar Association; American College of Tax Counsel; the American Institute and the Connecticut Society of Certified Public Accountants, including chair of the Federal Tax Committee of the Connecticut Society of Certified Public Accountants; and the Jewish Home for the Elderly of Fairfield County. Mr. Grodd also speaks at various tax institutes and seminars.