Utah Capital Investment Corporation Biographies >>
Samuel C. Straight
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Sam Straight is a shareholder at Ray Quinney & Nebeker in the Firm's litigation section. His practice focuses on intellectual property litigation, including patent, trademark, trade secret and copyright matters from pre-litigation enforcement through trial. He works with high-technology and other companies in the protection of their intellectual property rights, and defense against claims of infringement. Mr. Straight also represents clients in a wide variety of other commercial litigation, including securities, shareholder derivative, and appellate litigation matters. He also has extensive experience with litigation involving the direct selling industry.
Mr. Straight also advises clients regarding compliance with federal and state economic regulations, including Federal Trade Commission regulations, and export control and economic sanctions regulations. In addition, he is a registered lobbyist in Utah and has represented clients in matters before a variety of legislative bodies and administrative agencies.
Mr. Straight is the Hiring Partner and chair of the Firm's Recruiting Committee.
Mr. Straight was recognized in Chambers USA in Intellectual Property Law, and maintains an AV Preeminent (4.6) rating with Martindale-Hubbell, which is the highest rating awarded to attorneys for professional competence and ethics. He has also been selected for inclusion in Mountain States Super Lawyers in the category of Intellectual Property Litigation. Mr. Straight has been included on the list of The Best Lawyers in America in Intellectual Property Law and has also been voted by his peers throughout the state as one of Utah’s “Legal Elite” in the category of Intellectual Property (as published in Utah Business Magazine).
Robert P. Majka
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Mr. Majka has more than 30 years management experience in the consumer and commercial lending industry. Mr. Majka was an Executive Vice President with Associates Corporation that merged with Citigroup in late 2000. At the time of the merger, Associate Corporation was one of the nation's largest "subprime" lenders, had $29.7 billion in outstanding loans in its consumer finance portfolio, serviced 480,000 home equity loans, and had nearly 3 million personal loans. Mr. Majka was the President and CEO of Associates Capital Bank, Inc. prior to the Citigroup merger and was a Vice President with Croker National Bank prior to joining the Associate Corporation. Upon leaving Citigroup and returning to Utah, Mr. Majka has been involved as a Board of Trustee with the Catholic Foundation of Utah, a Director with the Volvo Commercial Credit Corp. and participated in Junior Achievement Economics at Alta High School.
Richard K. Ellis
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Richard Ellis was elected State Treasurer Nov. 2008. As State Treasurer, he is responsible for the investment of state funds and the Public Treasurers Investment Fund, the issuance of all general obligation and revenue bonds, and administering the unclaimed property program. The State Treasurer also sits on various boards as required by statute. Prior to becoming State Treasurer, Mr. Ellis served nine years as the Chief Deputy State Treasurer and three years as the Director of the Governors Office of Planning and Budget. His career has focused on public finance with experience as the Finance Director for Draper City, an investment banker with Dougherty, Dawkins, Strand & Bigelow, and as the Assistant Treasurer with the Jordan Valley Water Conservancy District. In total, Mr. Ellis has over 24 years of experience in public finance. Mr. Ellis received his Master of Business Administration degree from the University of Utah in 1990, and a Bachelor of Science Degree in Business Management from Brigham Young University.
Spence Eccles
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Spencer P Eccles is a business-school graduate of Brigham Young University and has extensive experience in Utah's business realm and beyond it.
Eccles worked for Wells Capital Management in Salt Lake City and has been involved with various American and international technology companies, as well as managing three ranch operations in Idaho and Wyoming and the Goldener Hirsch Inn in Deer Valley.
During the 2002 Winter Olympics in Utah, he managed development of the Snow Basin venue and oversaw the events there, and he has served on many community boards, as well.
He is president of First Security Foundation and advises The George S. and Dolores Dore Eccles Foundation. He is the son of well-known Utah businessman and philanthropist Spencer F. Eccles.
The purpose of the board is to mobilize venture equity capital for investment in a manner that will result in a significant potential to create jobs and to diversify and stabilize the economy of the state. Board duties are to establish criteria and procedures for the allocation and issuance of contingent tax credits to designated investors and designated purchasers by means of certificates issued by the board, establish criteria and procedures for assessing the likelihood of contingent tax credit redemptions, and establish a desired fund rate of return.
Taylor Randall
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Mr. Taylor Randall is the David Eccles School of Business Dean. Randall, served as associate dean of academic affairs and is a member of the Accounting Department faculty. In taking the David Eccles School of Business reins, he followed in the educational executive footsteps of his grandfather, Clyde Randall, who was the school's dean in the 1960s, as well as his father, Reed Randall, a former director of the School of Accounting.
Randall has served as the faculty director for the University Venture Fund since 2003, during which time the Venture Fund has become the largest independent student-run venture in the country at over $18.3 million. He has accepted invitations to serve as a visiting faculty member at INSEAD, the Wharton School of Business, and Washington University.