2012
09/16

Category:
Finance

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Think Finance Announces the Appointment of Robert L. Johnson to Its Board of …

Think
Finance, a developer of next-generation financial products that help
people manage lifes everyday expenses, today announced the appointment
of Robert L. Johnson to its Board of Directors.

“We are thrilled to formalize our long-standing relationship with Bob,”
said Think Finance Chief Executive Officer Ken Rees. “He shares our
strategic vision for developing new, innovative financial technology
that provides better options for the underbanked. His vast experience
across many industries, including financial services, will help us grow
and evolve.”

Johnson is the founder and chairman of The RLJ Companies, including RLJ
Financial which markets innovative financial solutions for underserved
consumer and business communities. The RLJ Companies is an innovative
business network that provides strategic investments in a diverse
portfolio of companies. Prior to forming The RLJ Companies,
Johnson was founder and chairman of Black Entertainment Television
(BET), the nation’s first and leading television network providing
quality programming for the African American audience. Under his
leadership, BET became the first African American-owned company publicly
traded on the New York Stock Exchange. In 2001, Johnson sold BET to
Viacom for approximately $3 billion and remained the Chief Executive
Officer through 2006. In July 2007, he was named by USA Today as
one of the 25 most influential business leaders of the past 25 years.

“I have always been passionate about the need for financial solutions
that meet the unique needs of underserved consumers,” Johnson said. “As
a member of Think Finance’s Board of Directors, I look forward to
helping the company further its mission of developing innovative and
responsible financial products for consumers who are frequently ignored
by the broader marketplace.”

In addition to Mr. Johnson’s board appointment, Kathy Boden Holland, the
current president of RLJ Financial, will join Think Finance as executive
vice president of corporate development. Ms. Boden Holland is an
experienced executive and entrepreneur with a diverse background that
includes leadership positions in banking, venture capital and
consulting. Prior to her role at RLJ Financial, she was an executive
vice president at Urban Trust Bank, responsible for establishing and
building the National Products division. In addition, Ms. Boden Holland
was a founding partner at Katalyst, LLC, a successful investment bank
and consulting firm. She also held senior roles at Legg Mason Wood
Walker, Deloitte Consulting and Bluehouse Capital LLC. Ms. Boden Holland
received her undergraduate degree at the Wharton School of the
University of Pennsylvania, where she graduated cum laude. She received
her MBA from the University of North Carolina, where she was a Dean’s
Scholar.

About Think Finance

Think Finance is a leading developer of next-generation financial
products for underbanked consumers. The company’s products provide
increased convenience, transparency and value to the millions of
consumers whose needs are not being met by traditional banking products.
Think Finance is privately held, with offices in Fort Worth, Texas and
the United Kingdom, and is backed by some of Silicon Valleys most
respected venture capital firms including Sequoia Capital and Technology
Crossover Ventures. To learn more, please visit www.ThinkFinance.com.

About The RLJ Companies

The RLJ Companies, founded by Robert L. Johnson, is an innovative
business network that provides strategic investments in a diverse
portfolio of companies operating in a publicly traded hotel real estate
investment trust; private equity; financial services; asset management;
insurance services; automobile dealerships; sports and entertainment;
and video lottery terminal (VLT) gaming. The RLJ Companies is
headquartered in Bethesda, MD, with affiliate operations in Charlotte,
NC; Little Rock, AR; Los Angeles, CA; San Juan, PR; and Monrovia,
Liberia. Prior to founding The RLJ Companies, Johnson was founder and
chairman of Black Entertainment Television (BET). For additional
information please visit: www.rljcompanies.com.

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