Bio

Charles Edward (Eddie) Adair began his business career in Birmingham, Alabama as a staff accountant with Haskins and Sells, now Deloitte & Touche, and became a Certified Public Accountant in 1972. He was named Controller of Durr-Fillauer Medical, Inc. in Montgomery, Alabama in May 1973 starting a career of almost twenty years. Durr-Fillauer was a NASDAQ listed company that distributed pharmaceuticals and medical supplies to hospitals, physicians, drug stores and other healthcare providers. Mr. Adair was named President and Chief Operating Officer in 1981. He was also a member of the Board of Directors. At the time of its sale in 1992, Durr-Fillauer had revenues of approximately $1 billion with net income of $20 million and approximately thirteen hundred employees in sixteen states. Mr. Adair left Durr-Fillauer in 1992 and in 1993 became a Partner in Cordova Ventures, a venture capital management company headquartered in Atlanta, Georgia. The firm, founded in 1989, manages seven venture funds with contributed capital totaling more than $275 million. It is one of the largest and most experienced venture firms in the Southeast. Cordova Ventures invests in privately-held companies in the Southeast concentrating in the financial services, telecommunications, internet and e-commerce, biotech, medical devices and healthcare services industries. Mr. Adair is currently a member of the Board of Directors of four publicly-held companies, Tech Data Corporation, Performance Food Group Company, Torchmark Corporation and PSS World Medical, Inc. Tech Data is a $16 billion worldwide distributor of personal computers, software and peripherals, while Performance is a $5 billion distributor of institutional food products and pre-cut produce. Torchmark is a $3 billion financial services holding company specializing in life and supplemental health insurance. PSS is a $1 billion distributor of medical products to physicians and long term care facilities. Mr. Adair has been active in civic organizations. He is currently on the Boards of the Montgomery Area Chamber of Commerce, the Montgomery Area Red Cross, and the Montgomery Small Business Incubator and has been a Board member of the United Way, Success by Six, Leadership Montgomery and others. He is a member of the First United Methodist Church where he has served on the Administrative Board and the Finance Committee. Mr. Adair is on the Audit Committee of three companies and Chairman of the Committee at Tech Data and PSS. He is also a member of the Board of Sterling Bank and Jenkins Brick Company in Montgomery and the Boards of numerous privately-held companies affiliated with Cordova Ventures. He is also on the Board of the UAB Health System in Birmingham. He graduated from high school in Birmingham in 1965 and enrolled at Vanderbilt University in September 1965. He transferred to the University of Alabama in September 1966 and graduated in January 1970 with a B.S. degree in Accounting. He completed the Advanced Management Program at the Harvard Business School in December 1981.