Douglas Bennett – Director
Mr. Bennett is a member of the Board of Directors. He has had a varied business career working for Fortune 100 firms, both small and medium-sized companies, and being involved with several start-ups. He actively served as a Navy Corpsman with the U.S. Marine Corps from 1961-1963, and served in the Reserves until honorably discharged in 1967. After receiving his B.S. Finance (1966) and his M.B.A. (1967) from the University of Arizona, he embarked on his business career with Shell Oil Co. (1967-1970) and Shell Chemical Co. (1970-1973), progressing through increasingly responsible supervisory and management positions in finance, credit, auditing and accounting. His final three years were spent dealing with mergers and acquisitions. In 1973 he was recruited as the Vice President of Phydeaux Corporation, a financial services and investment firm that served medical professionals’ financial needs. In 1973 he co- founded and was President (1973-1974) of the California Energy Company, a geothermal power generation firm subsequently sold to Berkshire Hathaway.
From 1974 through 1992, Mr. Bennett became a full time entrepreneur and formed Doug Bennett Enterprises, Inc., a holding company for investments in and management of major brand service stations and automotive service firms (including Shell, Texaco, Unocal and Big O Tires). Doug Bennett Enterprises and Mr. Bennett later became General partner of Calzona Partners (1985- 1991), an Arizona real estate developer that focused on the purchase and development of distressed properties for subsequent sale to private investors and merchant builders such as Pulte Corp. As President of Doug Bennett Enterprises he invested in commercial real estate, golf course development, and activities in transportation (Shuttle Express, where he was a Board Member) during the period of 1993-1999. In 2000, Mr. Bennett invested in and later took control of a struggling home décor company called Forever Green Art, Inc. (FGA). as President and Chairman (2000-2003). FBA was returned to profitability and was sold through a management buy-out in 2003. Since 2003, to date, Mr. Bennett has continued his business career as a private investor and volunteers his time to civic, charity and church endeavors.