Mr. Stallings is Managing Partner of PS27 Ventures, LLC, a private investment fund focused on technology companies (since January 2013). Mr. Stallings retired from International Business Machines Corporation (IBM) (a large global corporation providing information technology and related services) as General Manager of Global Markets, Systems and Technology, a position he had held since 2009. From 2002 to 2009, Mr. Stallings held a number of senior executive leadership positions at IBM in the technology, mainframe, software and intellectual property areas. He was founder, Chairman and CEO of E House (a consumer technology company) from 2000 to 2002. Previously he was Executive Vice President, Physician Sales & Services, Inc. (a medical products supplier) from 1996 to 2000. Mr. Stallings also serves as a director of UGI Utilities, Inc., a subsidiary of the Company. In addition, Mr. Stallings serves as a director of FIS (Fidelity National Information Services Corporation), a global provider of banking and payment technology, consulting and outsourcing solutions.