Biography

Mr. Rice, a 30-year veteran of the commercial banking industry, currently serves as the Chief Financial Officer and Executive Vice President of Operations for Nammi Therapeutics, Inc., a private biotechnology company headquartered in Los Angeles, California.

Prior to joining his current employer, Mr. Rice retired from Wells Fargo Bank, N.A. (NYSE: WFC) after serving in numerous senior leadership roles, including as Chief Credit Officer and as Chief Operational Risk Officer. During his three-decade tenure at Wells Fargo Mr. Rice also led various special initiatives across a range of disciplines, including commercial lending and workouts, customer remediations, and operational resiliency.

Mr. Rice also serves on the boards of nonprofit organizations, including The Music Center of Los Angeles County, and the Painted Turtle, a camp for children with serious medical conditions. A lifelong resident of California, Mr. Rice received his Bachelor of Science in Civil Engineering from the University of California, Los Angeles, and his MBA from the University of California, Berkeley.

Mr. Rice’s extensive background in commercial banking risk management, combined with his leadership roles, make him a valuable member of the Board. Mr. Rice is one of the Company’s Board-designated “audit committee financial experts.”