BRYAN W. WATERS - Corporate Board Profile

Galaxy Gaming, Inc.

Filing Date	Source Excerpt
2019-07-29	Mr. Waters was appointed to the Board effective April 1, 2015. We provided Mr. Waters annual cash compensation of $41,000 paid in monthly installments. During the year ended December 31, 2018, Mr. Waters also received 52,000 shares of our restricted common stock valued at $64,220. Total compensation $105,220. He serves on the Compensation Committee and Corporate Governance Committee.
2021-01-04	Bryan W. Waters is a Director. A graduate of University of California, Los Angeles, Mr. Waters started his career with Wells Fargo Bank in 1988 where he held numerous positions, including President of the Southern Nevada region. In 2001, Mr. Waters became Chief Financial Officer of Camco, Inc., a specialty finance lender with both brick-and-mortar and internet retailing operations. Shortly after his appointment, Mr. Waters also absorbed the roles of President and Chief Operating Officer until the successful sale of the company to Cash America International, Inc. a NYSE listed company. Mr. Waters joined Pacific National Bank in 2006 as President and Chief Executive Officer and was responsible for a privately held $2.3 billion 17 branch bank until its sale to U.S. Bank in October 2009. In 2010, Mr. Waters became Chief Executive Officer of B-Line, LLC, the largest purchaser and servicer of unsecured consumer bankruptcy debt in the country. At the time of its successful sale in late 2011, B-Line owned and serviced in excess of $300 million in assets. In 2012, Mr. Waters founded Magnolia Lane Partners, LLC, which is comprised of former executives of B-Line (an advisory and asset management firm focused primarily in the accounts receivable management industry with a specific focus on purchasing consumer receivables in bankruptcy). Also in 2012, Mr. Waters joined the Board of CBV Collection Services, LTD ("CBV"), a private equity and management owned company and one of the largest independent outsourcing, collection services and debt buying organizations in Canada. In September of 2013, Mr. Waters assumed the role of Chief Executive Officer of CBV and served in that role until its successful sale in June 2015. Mr. Waters served as CEO of North America for Dollar Financial Group leading over 3000 employees through over 850 finance centers from June 2015 through June 2016. Mr. Waters served as President and Chief Operating Officer of Genesis Financial Solutions, the largest second look private label credit card issuer in the United States, from June 2016 to January 2018. Mr. Waters is currently CEO of Microf, LLC, a fin-tech platform and lease to own provider for the home improvement industry. Mr. Waters is a tenured senior executive and brings to the Board significant experience in finance, commercial banking, capital raising, financial turnaround, strategic and tactical planning and new company start-ups. The members of the Compensation Committee are currently Mr. Zender (Chairman) and Mr. Waters. The members of the Corporate Governance Committee are currently Mr. Zender and Mr. Waters. The following describes the compensation paid to each of our directors in 2020. None of our directors served as executive officers of the Company during 2020. DIRECTOR COMPENSATION Fees Earned orPaid in Cash StockAwards($) OptionAwards($) Non-equityIncentive PlanCompensation NonqualifiedDeferredCompensationEarnings All OtherCompensation Total ($) Bryan W. Waters (4)(6) $ 42,000 $ 49,540 $ 81,913 $ - $ - $ - $ 173,453 During the year ended December 31, 2020, Mr. Waters received 40,000 shares of our restricted common stock in quarterly installments valued at $49,540 using the grant date trading price of our stock. The shares vested immediately on grant date. We also paid Mr. Waters annual cash compensation of $42,000 paid in monthly installments. During the year, Mr. Waters exercised 75,000 options with a cumulative in-the-money value of $81,913 based on the fair market value of our common stock on the dates of exercise.
2022-04-25	Mr. Waters was appointed to the Board, effective April 1, 2015. Members of the Audit Committee are Ms. Kondra (Chair), Mr. Isaacs and Mr. Waters. The members of the Compensation Committee are currently Mr. Isaacs (Chairman), Mr. Waters and Mr. Zender. During the year ended December 31, 2021, Mr. Waters received 40,000 shares of our restricted common stock in quarterly installments valued at $147,200, using the grant date trading price of our stock. The shares vested immediately on the grant date. We also provided Mr. Waters annual cash compensation of $42,000 paid in monthly installments.
2023-05-05	Bryan W. Waters has been a Director since April 2015. The members of the Compensation Committee are currently Mr. Isaacs (Chairman), and Mr. Waters. Members of the Audit Committee are Ms. Kondra (Chair), Mr. Isaacs and Mr. Waters. DIRECTOR COMPENSATION TABLE Bryan W. Waters(5) Fees Earned or Paid in Cash: $82,500 Stock Awards: $60,902 Total: $143,402
2024-04-26	Mr. Waters most recently was Interim CEO of Luminator Technology Group, a globally recognized leader in providing technology solutions.