Reginald B. Newman

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88 year

Finance

Consumer Services

Producer Manufacturing

Profile

Reginald B. Newman served as Chairman & CEO of NOCO Energy Corp.
from 1960 to 2003.
He was also Chairman of Rand Capital Corp.
from 1987 to 2018 and Chairman of Buffalo Niagara Partnership, Inc. in 1998.
Newman served as Chairman of University at Buffalo Foundation, Inc. from 1996 to 2008.
He was Chairman of Prior Holdings, Inc. and Director of M&T Bank Corp., Manufacturers & Traders Trust Co., NOVA Casualty Co., NOVA American Group, Inc., and Dunn Tire LLC.
Newman was also a Director of Rand Capital Management LLC from 1987 to 2018.
He received his undergraduate degree from Northwestern University in 1959.

Former positions of Reginald B. Newman

Companies	Position	End
Rand Capital Management LLC Rand Capital Management LLC Investment ManagersFinance Rand Capital invests in lower middle market companies located in the United States with a revenue of more than USD 10 million and an EBITDA of more than USD 1.5 million. The firm focuses on a broad range of sectors and industries. It provides financing in the form of debt and equity such as subordinated debt & promissory notes, convertible notes, equity & membership Interests and equity warrants for buyout transactions. The firm takes a minority position and also makes follow on investments.	Corporate Officer/Principal	06/04/2018
TAYLOR DEVICES, INC.	Director/Board Member	06/04/2018
Prior Holdings, Inc. Prior Holdings, Inc. Other TransportationTransportation Provides aircrafts and airlines management and training services	Chairman	06/04/2018
Dunn Tire LLC Dunn Tire LLC Specialty StoresRetail Trade Retails tires and parts and provides related services	Director/Board Member	06/04/2018
NOVA American Group, Inc. NOVA American Group, Inc. Property/Casualty InsuranceFinance Provides insurance brokerage services	Director/Board Member	06/04/2018

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Training of Reginald B. Newman

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Linked companies

Private companies	13
Taylor Devices, Inc. Taylor Devices, Inc. Industrial MachineryProducer Manufacturing Designs, develops, manufactures and markets shock absorption, rate control and energy storage devices	Producer Manufacturing
Rand Capital Corp. Rand Capital Corp. Investment Trusts/Mutual FundsMiscellaneous Functions as a private equity fund	Miscellaneous
M&T Bank Corp. M&T Bank Corp. Regional BanksFinance Operates as a bank holding company whose subsidiaries provides banking services	Finance
Manufacturers & Traders Trust Co. Manufacturers & Traders Trust Co. Regional BanksFinance Operates as a state chartered commercial bank	Finance
NOCO Energy Corp. NOCO Energy Corp. Wholesale DistributorsDistribution Services Distributes petroleum products and operates gasoline stations	Distribution Services
Northwestern University Northwestern University Other Consumer ServicesConsumer Services Functions as a College/University	Consumer Services
NOVA Casualty Co. NOVA Casualty Co. Property/Casualty InsuranceFinance Provides property and casualty insurance services	Finance
NOVA American Group, Inc. NOVA American Group, Inc. Property/Casualty InsuranceFinance Provides insurance brokerage services	Finance
Buffalo Niagara Partnership, Inc. Buffalo Niagara Partnership, Inc. Miscellaneous Commercial ServicesCommercial Services Chamber of commerce	Commercial Services
Dunn Tire LLC Dunn Tire LLC Specialty StoresRetail Trade Retails tires and parts and provides related services	Retail Trade
University at Buffalo Foundation, Inc.	Consumer Services
Prior Holdings, Inc. Prior Holdings, Inc. Other TransportationTransportation Provides aircrafts and airlines management and training services	Transportation
Rand Capital Management LLC Rand Capital Management LLC Investment ManagersFinance Rand Capital invests in lower middle market companies located in the United States with a revenue of more than USD 10 million and an EBITDA of more than USD 1.5 million. The firm focuses on a broad range of sectors and industries. It provides financing in the form of debt and equity such as subordinated debt & promissory notes, convertible notes, equity & membership Interests and equity warrants for buyout transactions. The firm takes a minority position and also makes follow on investments.	Finance