RANDY CHAPPEL Managing Director

Randy Chappel has worked for Hersh Family Investments and affiliated entities since 2004. Prior to joining HFI, Randy was a partner at Rainwater Inc, the family office of Richard E. Rainwater from 1990- 2002, where he also at times filled roles at Natural Gas Partners, Crescent Real Estate Equities, and Goff Moore Strategic Partners. Randy earned his A.B. in Economics in 1989 and an M.B.A. in 1994, both from Stanford University. At the Stanford Business School, Randy was an Arjay Miller Scholar, an award conferred upon those whose academic record places them in the top 10% of their class. During 2003 and 2004, Randy spent his winters in Alaska and completed the 1,000-mile long Iditarod Trail Sled Dog Race from Anchorage to Nome. Randy is a member of the Board of Directors of Endurance Lift Holdings.

rchappel@hershfi.com