Board of Directors
- Tony Aquila - Founder, Chairman and CEO
- Stuart Yarbrough - Lead Director
- Arthur Kingsbury - Director
- Kenneth Viellieu - Director
- Thomas Wajnert - Director
- Tom Dattilo - Director
Founder, Chairman and CEO
Tony Aquila founded Solera Holdings, Inc. (NYSE: SLH) in January 2005 with a vision to transform the automotive insurance claims industry.
Partnering with GTCR Golder Rauner, a leading private equity firm, Solera purchased the Claims Services Group of Automatic Data Processing, Inc. (NYSE: ADP) for $975 million in April 2006. Under Mr. Aquila's leadership, the Company has greatly increased revenue and expanded its geographic reach. In May 2007, Solera closed its initial public offering (IPO) on the New York Stock Exchange. Six months later, the Company completed a secondary stock offering.
Mr. Aquila has more than 20 years of global experience in the manufacturing, distribution, automotive software and collision repair industries. He also has co-invented and patented several products.
Prior to establishing Solera, Mr. Aquila founded MaxMeyer America Inc. (a subsidiary of MaxMeyer Duco, SPA of Italy), an importer and distributor of European refinishing products. He sold this business in 1997 to Fortune 500 company PPG Industries (NYSE: PPG). After that, he founded and served as CEO of Ensera, which developed software that streamlined the automotive collision claims workflow for insurance carriers. Ensera was sold in 2001 to Mitchell International, which appointed Mr. Aquila as its President and COO.
Stuart Yarbrough, CEO of private equity firm 3Point Capital Partners, has served on the Solera Board of Directors since 2007.
Previously, he was a co-founder and principal of CrossHill Financial Group, a venture debt firm. His responsibilities included representing growth companies in investment banking transactions, closing "merger and sell" transactions with a total value of over $1.5 billion, and placing capital in excess of $1 billion. Prior to that position he spent 22 years in public accounting. He began his career with Ernst & Young, and after five years there founded Adams & Yarbrough, an accounting and consulting firm.
In 1985, when BDO Seidman acquired Adams & Yarbrough, it recruited Mr. Yarbrough as managing partner of its Washington, D.C. office and elected him to its U.S. Board of Directors.
In his nine years with the Company, his client responsibilities have involved working closely with both the BDO Seidman SEC Practice Unit and the SEC. Renowned as an "audit committee financial expert," he served on the Board of Directors of DigitalNet Holdings, Inc. (NASDAQ: DNET) and was Chairman of its Audit Committee prior to being acquired by BAE Systems, North America.
More recently, Mr. Yarbrough served on the Board of Directors of Riggs National Corporation (NASDAQ: RIGS) and Riggs Bank, N.A. (prior to its acquisition by PNC Financial Services Group) and SBR, Inc. (prior to its acquisition by Fortune Brands, Inc.).
A Certified Public Accountant, he has held Professional Securities Licenses as a General Securities Principal (Series 24), General Securities Representative (Series 7), and Uniform Securities Agent State Law (Series 63).
Arthur Kingsbury has been a Solera Board of Directors member since 2008, and a private investor in the Company since 1996.
Mr. Kingsbury has over 35 years of business and financial experience, including financial, senior executive and director positions at companies engaged in newspaper publishing, radio broadcasting, database publishing, Internet research, cable TV and cellular telephone communications.
Specific positions held included President and Chief Operating Officer of VNU-USA, Inc.; Vice Chairman and Chief Operating Officer of BPI Communications, Inc.; and Chief Financial Officer of Affiliated Publications, Inc.
Currently he serves on the Board of Directors of HSW International, Inc. (a global online publishing company), and Dolan Media Company (a provider of business information). Mr. Kingsbury holds a B.S./B.A. in Business Administration from Babson College.
Kenneth Viellieu, a veteran of the investment banking industry for almost 25 years, joined Solera's Board of Directors in 2009.
Currently he is a Managing Director (and Head of the Chicago office) of Moelis & Company, an investment bank providing advice on mergers and acquisitions, restructurings and other corporate finance matters and manages investment funds.
Mr. Viellieu's prior experience includes serving as Senior Managing Director and Head of Midwest Investment Banking at Bear Stearns, Managing Director and Head of the Chicago Office of Donaldson, Lufkin & Jenrette, and a position as investment banker at Drexel Burnham Lambert.
He holds a B.S. in Accounting from Indiana University's Kelley School of Business and an M.B.A. from the University of Chicago's Booth School of Business. Prior to his investment banking career, Mr. Viellieu practiced as a Certified Public Accountant.
Thomas Wajnert is the chairman of Reynolds American, Inc. (RAI), a NYSE-listed company. He previously served as RAI's lead director, chairman of the audit committee and chairman of the compensation committee. RAI is best known as the parent company of RJ Reynolds Tobacco, Inc.
Mr. Wajnert is a member of the board of UDR, Inc. (NYSE), where he chairs the audit committee, and is chairman of FGIC, a privately owned financial guaranty company. Tom is also a senior managing director of The Alta Group, a leading global consultancy to the financial services industry.
In addition, he is the retired founder, chairman and CEO of AT&T Capital Corporation, and served through the $2.2 billion management-led buyout and eventual sale of the company.
A longtime resident of California's Napa Valley, Tom and his wife, Theresa, own and manage TNT Vineyards.
Tom Dattilo has been a member of the Solera Board of Directors since January 2013.
Mr. Dattilo is an advisor and consultant to various private investment firms. From 2007 to 2009, he served as a Senior Advisor for Cerberus Operations and Advisory Company, LLC, a unit of private investment firm Cerberus Capital Management. Previously, he was the Chairman, President and Chief Executive Office of Cooper Tire & Rubber Company, which specializes in the design, manufacture and sale of passenger and truck tires. Prior to joining Cooper, Mr. Dattilo held senior positions with Dana Corporation, a provider of axles, drive shafts, off-highway transmissions and other vehicle service parts.
Mr. Dattilo currently serves as Chairman of the Board of Directors of Harris Corporation, a publicly-traded international communications and information technology company serving government and commercial markets in more than 125 countries, and as a director of Hayworth, Inc., a privately-held global designer and manufacturer of office furniture and organic workspaces. Mr. Dattilo previously served as a director of Cooper Tire & Rubber Company and Alberto-Culver Company . He is past Chairman of the Rubber Manufacturers Association and past Chairman of the Board of Trustees of the Manufacturers Alliance.