Jere W. Thompson, Jr.

Co-Founder and Chief Executive Officer

Mr. Thompson is Co-Founder and CEO of Ambit Energy. In 1992, Mr. Thompson was at the forefront of the telecommunications industry as it deregulated. He founded CapRock Fiber Networks to build fiber and broadband networks across Texas. As CEO, Mr. Thompson, guided CapRock into new markets, took the company public and managed its growth from infancy to 1,300 employees and $300 million in annual revenues. Mr. Thompson previously worked at Trammell Crow Company and Goldman, Sachs & Co.

Mr. Thompson received an AB in Economics at Stanford University and a MBA from the University of Texas in Austin. He sits on the boards of two schools, two hospital foundations and several civic organizations. He was Chairman and a member of the Board of the North Texas Tollway Authority for twelve years.

Chris Chambless

Co-Founder and Chief Marketing Officer

Mr. Chambless is Co-Founder and Chief Marketing Officer of Ambit Energy. As an early member of the management team at Excel Communications, he was responsible for all aspects of the company's marketing and communications organization. Most recently the Vice President, Marketing at VarTec Telecom, he was responsible for all aspects of the company's marketing strategy including brand development, channel integration strategy, sales management and new product development. Mr. Chambless also held executive positions at Euphony Communications and up2 Technologies, Inc.

Mr. Chambless received his BA in English from the University of Texas, Tyler. Mr. Chambless is an active board member of the Economic Development Corporation in his community.

Jim Timmer

Chief Financial Officer

Mr. Timmer is a seasoned executive with more than two decades of experience in senior finance and operational roles. Mr. Timmer has served as Chief Financial Officer of airBand Communications, Birch Telecom and Excel Communications, a $1.6 billion entity. While at Excel, Mr. Timmer also served as Interim Chief Operating Officer and was instrumental in formulating direct-sale compensation plans. Prior to joining Excel, Mr. Timmer served as Vice President of Finance at Verizon, a $26 billion entity, where he held various leadership roles over a 20-year period.

Mr. Timmer received his B.A. in Accounting from Loras College and his MBA from Drake University.

John Burke

Chief Information Officer

Mr. Burke is the Chief Information Officer of Ambit Energy, Inc. He has over 15 years of leadership and consulting experience working in the electric utilities, telecommunications, financial services, venture capital and software development industries. He has successfully positioned technical organizations for high demand support roles while driving revenue initiatives and reducing operating costs. Mr. Burke has held several leadership roles, including the COO of a billing application service provider, the CIO of a Verizon call center, and the VP of Development for a retail financial transaction service provider. He has consulted to both electric co-ops and electric retail providers on strategic IT initiatives and has extensive experience building, integrating, and managing mission critical back-office billing and provisioning systems.

Mr. Burke earned an MBA in Information Systems from The University of Texas at Austin and a Bachelor of Arts in Economics from Rutgers University, where he graduated with Highest Honors. He is a member of Phi Beta Kappa and has served as a representative on The University of Texas at Austin Graduate School's Information Management Steering Committee.

Jim McFelea

Senior Vice President, Operations

Mr. McFelea has more than two decades of experience in senior operational roles. Mr. McFelea most recently served as VP of Service Delivery for XO Communications, a $1.4 billion telecommunications company, managing a 600-person operations organization. He previously held the position of VP of Service Delivery and Customer Service at Birch Telecom. While at Excel Communications, a $1.6 billion entity, Mr. McFelea served as Senior VP of Customer Service and was instrumental in reorganizing its call center organization to focus on improving customer satisfaction. Prior to joining Excel, Mr. McFelea held various positions at AT&T over a 30-year period.

Mr. McFelea received his B.S. degree in business degree from Indiana University Southeast.

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