Board Of Directors

John Loftus

Chief Executive Officer

John Loftus has served as Chief Executive Officer and President and Chairman of the Board since December 12, 2016. Under his guidance, the company posted its second consecutive annual profit in 2018. Mr. Loftus holds an M.B.A. from the SMU Cox School of Business.

Allison DeStefano

Director

Allison DeStefano has served as a Director since March 19, 2018. She is also the Executive Vice President of Retail Operations for Envela. Under Ms. DeStefano, the DGSE division has embarked on strategies centered around the customer, both in-store and online, while continuing to improve operations and expand the company’s retail store base. Prior to joining us, Ms. DeStefano filled numerous key executive and leadership roles at Echo Environmental, LLC from 2013 until its purchase by an Envela subsidiary in May 2019. Ms. DeStefano holds an M.B.A from the Southern Methodist University's Cox School of Business.

Jim Ruth

Independent Director

Mr. Jim R. Ruth serves as President and Chief Executive Officer of OppMetrix. Mr. Ruth has been Independent Director at Envela Corporation, since January 17, 2017. He obtained his Bachelors of Science degree from the University of Michigan and holds a Masters of Business Administration from the SMU Cox School of Business.

Joel Friedman

Independent Director

Joel S. Friedman has served as Lead Independent Director and Chairman of the Compensation Committee since January 18, 2017. Mr. Friedman has his undergraduate degree from the University of North Texas and holds a Masters of Business Administration from the SMU Cox School of Business. Mr. Friedman brings a wealth of Operations and Technology experience. Along with 20+ years of Senior Leadership in the Financial Services space, he has also held CIO and COO positions for companies in the Payment Processing Space-Century Payments and SaaS space-OppMetrix. The board concluded that Mr. Friedman has the leadership qualities and business knowledge to serve as director.

Alexandra Griffin

Independent Director

Ms. Alexandra C. Griffin serves as an Accounting Supervisor of PrimeLending. Ms. Griffin joined PrimeLending in December 2014 and served as its Senior Accountant. She has been an Independent Director of Envela Corporation since January 17, 2017. Ms. Griffin is a CPA skilled in financial analysis and financial statement reporting in accordance with GAAP. Ms. Griffin holds a Bachelor of Science in Accounting from the University of Texas at Arlington.

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