Erland Kailbourne

Mr. Erland E.
Kailbourne is a Chairman at Farash Corp.
and an Independent Director at Rand Capital Corp.
He is on the Board of Directors at Five Star Bank (Warsaw, New York), USA Niagara Development Corp., Allegany Co-Op Insurance Co., Rand Capital Management LLC, Rand Capital Corp., Conemaugh Valley Mutual Insurance Co., Gerstner Medical LLC, Thomas F & Laura L Moogan Family Foundation Ltd. and United Frontier Mutual Insurance Co. Mr. Kailbourne was previously employed as an Independent Director by Financial Institutions, Inc., a Chairman & Chief Executive Officer by Adelphia Communications Corp., a Vice Chairman by The State University of New York, a Chairman & Chief Executive Officer by Fleet Bank, NA (Hartford, Connecticut), a Chairman & Chief Executive Officer by Fleet Financial Group, Inc., a President by Security Trust Co., a Chairman & Chief Executive Officer by Fleet National Bank (New York Branch), a Chairman & Chief Executive Officer by BankBoston, NA, and a Chief Executive Officer by Rev LNG LLC.
He also served on the board at New York State Urban Development Corp., Albany International Corp., Bush Industries, Inc., New York State Banking Department, The John R.
Oishei Foundation, New York Independent System Operator, Inc., Statewide Zone Capital Corp., Max & Marian Farash Charitable Foundation and New York Business Development Corp.
He received his undergraduate degree from Bowling Green State University.