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Stephen G. Welch

Chair of the Board<br/><em>Committees:</em> Executive - Chair, All Other Committees - Ex-Officio

Stephen Welch is the founder of Cotton & Cockleburs providing business advice to private companies. Mr. Welch was the CEO of Todd Shipyards Corp., a New York Stock Exchange listed company, as well as a member of the Board and its Executive Committee until its sale in 2011 to Vigor Industrial LLC.

Welch joined Todd in 1994 as COO of TSI Management, a wholly owned investment company of Todd. He was twice appointed Acting CFO prior to his appointment as CEO in 1997. His prior experience also includes President of San Francisco Radio, Inc. and Portland Radio, Inc. and CFO of King Broadcasting Company, Inc., a diversified media company headquartered in Seattle.

Welch serves on the board of Vigor, chairing the Audit Committee, as well as the boards of Lease Crutcher Lewis, Kvichak Marine Industries, and Columbia Machine, Inc. Elected to the KCTS Television Board of Directors in 2006, his other service has included chairing the Executive Control Board of the National Shipbuilding Research Program and the board of Shipbuilders Council of America, as well as the boards and executive committees of the Foundation for Health Care Quality, the Health Care Purchasers Association and the Washington chapter of Financial Executives Institute.

Welch earned a Bachelor’s degree in Business Administration from the University of Notre Dame, graduating Magna Cum Laude.