M. Kramer2

Board Secretary & At-Large Executive Committee

Michael Kramer

K3 Investments

Michael is the managing partner of K3 investments, a private investment fund that has holdings in commercial real estate, investment banking, express car washes, manufacturing and a home nursing company. He serves as a director/advisor for several regional companies including Infinity Software, Titus Sports Academy, Ghost Controls, Red Hills Radio, and Hopewell Home Health Care. Michael was also the Chairman of Red Elephant Pizza from its startup until it was sold in 2012.

In 2006, Michael and partners acquired Desloge Home Oxygen & Medical Equipment, a regional medical equipment provider. He served as the COO/CFO, and within 6 years, sales had tripled and profits quadrupled. In 2013, Michael led the negotiations and sale of the company to AeroCare, a national company with 150 locations which has retained Michael's services since their purchase. Prior to Desloge, Michael was the COO/ CFO for Walls Industries of Texas. Walls is a $100 million manufacturer and marketer of branded outdoor apparel. Michael led the recapitalization in 2001, the transition to global sourcing in 2002 and the ultimate sale of The Company in 2004 to Brazos Equity Partners, a Dallas based investment firm. From 1996 to 1999 Michael was the CFO of Super-Lube, Inc. Michael was part of the management team that grew the business from 35 to 75 units and Michael led the ultimate sale of the company for an industry high EBITDA multiple. Michael spent 4 years with Arthur Andersen (1992-1996) in Dallas working as a Manager in the business consulting services group that grew from a staff of 10 to 180 during his tenure while working with manufacturing, retail and distribution clients in the Southwest United States.

In 2010, Michael was appointed by the Leon County Commission to serve on the Investment Oversight Committee (IOC) for the County. The IOC oversees the portfolio investments and practices of Leon County, FL. In addition, Michael serves on the Investment Committee for the Community Foundation of North Florida. Michael has also given several talks to companies and private groups on business valuation and transaction planning, professional responsibility and incentive systems.

Michael has an MBA from The University of Texas at Austin as well as Bachelors and Masters Degrees in Civil Engineering from The Georgia Institute of Technology.