QuinStreet

Corporate Governance

The Board of Directors of QuinStreet, Inc. (the "Company") sets high standards for the Company's employees, officers and directors. Implicit in this philosophy is the importance of sound corporate governance.

It is the duty of the Board of Directors to serve as a prudent fiduciary for shareholders and to oversee the management of the Company's business. To fulfill its responsibilities and to discharge its duty, the Board of Directors follows the procedures and standards that are set forth in these guidelines.

These guidelines are subject to modification from time to time as the Board of Directors deems appropriate in the best interests of the Company or as required by applicable laws and regulations.


      William Bradley served as a member of the board of directors from August 2004 to December 2015. Effective January 1, 2016, Former Senator Bradley is serving the Company as counselor to the chairman and advising the Company with respect to political matters and matters relating to the Company’s business generally.

      Former Senator Bradley is a Managing Director of Allen & Company LLC, an investment bank, which he joined in November 2000. From April 2001 to June 2004, Former Senator Bradley also served as chief outside advisor to the nonprofit practice of McKinsey & Company. Former Senator Bradley served in the U.S. Senate from 1979 to 1997, representing the state of New Jersey, and previously was a professional basketball player with the New York Knicks from 1967 to 1977. Former Senator Bradley currently serves on the board of directors of Starbucks Coffee Company and he served on the boards of directors of Seagate Technology until August 2010 and Willis Group Holdings until November 2012.

      Former Senator Bradley holds a B.A. in American History from Princeton University and an M.A. in American History from Oxford University, where he was a Rhodes Scholar.

      Stuart M. Huizinga has served as a member of the board of directors since April 2015. Mr. Huizinga is senior vice president and chief financial officer of eHealth, Inc., where he has served since May 2000.

      Prior to that, from 1984 to 2000, Mr. Huizinga was a partner at Arthur Andersen LLP in the firm’s Audit Business Unit, where he also served as a worldwide expert within the firm’s technology practice, primarily in the software and internet sectors. He is a certified public accountant (inactive) in the State of California.

      Mr. Huizinga holds a B.S. in Business Administration from San Jose State University.

      Robin Josephs has served as a member of our Board of Directors since May 2013. Ms. Josephs was a managing director of Starwood Capital Group, L.P., a private equity firm specializing in real estate investments from 2005 to 2007.

      From 1986 to 1996, Ms. Josephs was a senior executive with Goldman Sachs & Co., serving in the real estate group of the investment banking division and, later, in the equity capital markets division. Ms. Josephs currently serves as a member of the board of directors of iStar Financial, where she is the lead director and serves as a member of the compensation and nominating and governance committees. She also serves on the boards of directors, as well as the audit and compensation committees, of both Plum Creek Timber Company and MFA Financial. Ms. Josephs is the chairwoman of MFA Financial’s compensation committee. Ms. Josephs is a trustee of the University of Chicago Cancer Research Foundation. 

      Ms. Josephs holds a B.S. in Economics from the Wharton School of the University of Pennsylvania and an M.B.A. from Columbia University.

      John G. (Jack) McDonald has served as a member of the board of directors since September 2004. Professor McDonald is the Stanford investors professor in the Stanford Graduate School of Business, where he has been a faculty member since 1968, specializing in investment management, entrepreneurial finance, principal investing, venture capital and private equity investing.

      Professor McDonald also serves on the boards of directors of Plum Creek Timber Company, Scholastic Corporation and iStar Financial, Inc. Professor McDonald previously served on the boards of directors of 13 mutual funds managed by Capital Research and Management Company until December 2012, and he served on the board of directors of Varian, Inc. from 1999 until May 2010, when Varian was acquired by Agilent Technologies.

      He holds a B.A. in Engineering, and an M.B.A. and a Ph.D. from Stanford University. He is a retired officer in the U.S. Army and was a Fulbright Scholar.

      David J. Pauldine has served as a member of the board of directors since October 2014. Mr. Pauldine was the president of DeVry University from July 2006 to June 2014 and executive vice president of DeVry Education Group Inc. from October 2005 to June 2014.

      Prior to that, from 1989 to 2005, Mr. Pauldine served at Education Management Corporation, where his last position was executive vice president and president of The Art Institutes system of schools. From 1979 to 1989, Mr. Pauldine held various operational and management positions at DeVry. Mr. Pauldine serves on the board of Education Partners, a Willis Stein company. He previously served as a member of the board of The Association of Private Sector Colleges and Universities from 2007 to 2013, including as vice chair from 2011 to 2012 and as board chair from June 2012 to June 2013. He also served as a board member for the American Red Cross, the Greater Fort Lauderdale Chamber of Commerce, Communities in Schools and ASPIRA.

      He holds a B.A. in Communication Arts from The University of Dayton and an M.A. in Leadership from McGregor School, Antioch University.

      Gregory Sands has served as a member of the board of directors since July 1999. Mr. Sands is the founder and, since January 2012, has served as a managing partner of Costanoa Venture Capital, an early-stage venture capital firm. 

      From September 1998 through December 31, 2011, Mr. Sands served as a managing director at Sutter Hill Ventures, a venture capital firm. Previously, Mr. Sands held various operational roles at Netscape Communications Corporation and was a management consultant with Mercer Management Consulting. Mr. Sands also serves on the boards of directors of several privately-held companies.

      He holds a B.A. in Government from Harvard College and an M.B.A. from the Stanford Graduate School of Business.

      Ms. Sennett has served as a member of the board of directors since August 2014. Previously, she was a managing director from 2004 to 2009, senior research analyst from 2002 to 2003, and consultant in 2001 at Farallon Capital Management, LLC.

      Prior to that, from 1999 to 2000, Ms. Sennett served as senior vice president and chief financial officer of eGROUPS, Inc., where she co-led the sale of the company to Yahoo! Inc. From 1989 to 1998, she served as senior vice president and chief financial officer of Amylin Pharmaceuticals, Inc., where she led the company’s initial public offering in 1992, as well as multiple follow-on public offerings. From 1982 to 1986, Ms. Sennett was an associate and assistant treasurer at Bankers Trust Company in the corporate finance and commercial lending departments.

      She holds a B.A. in Biology and English from Vanderbilt University and an M.B.A. from the Stanford Graduate School of Business.

      Andrew (Andy) Sheehan has served as a member of the board of directors since February 2017. Mr. Sheehan has been a managing director of Sutter Hill Ventures, a venture capital firm, since 2007. Sutter Hill Ventures led early rounds of financing prior to the Company’s initial public offering. Mr. Sheehan has also been a managing director of Tippet Venture Partners, L.P., a venture capital firm, since 2014. Tippet Venture Partners, L.P. is a longstanding shareholder in the Company’s public stock.

      Mr. Sheehan serves on the board of directors of a number of private companies in the technology space, including Global Liquid Markets, LLC, LifeSize, Inc., Serviz, Inc., and Yext, Inc. Mr. Sheehan previously served on the board of directors of various public and private companies in the technology space, including @Road, Inc., AllBusiness.com, Inc., BakBone Software Inc., Datran Media, Digital Persona, Inc., Grain Communications Group, Inc., Intermix Media, Myspace, Rainmaker Systems Inc., and ReachLocal, Inc.

      Mr. Sheehan holds a B.A. in English from Dartmouth College and an M.B.A. from the University of Pennsylvania Wharton School.

      James Simons has served as a member of the board of directors since July 1999. Mr. Simons is a managing director of Split Rock Partners, a venture capital firm, which he founded in June 2004.

      Prior to founding Split Rock Partners, Mr. Simons served as general partner of St. Paul Venture Capital, a venture capital firm, from November 1996 to June 2004. Previously, Mr. Simons was a partner at Marquette Venture Partners and held banking positions at Trammell Crow Company and First Boston Corporation. Mr. Simons also serves on the boards of directors of several privately-held companies.

      He holds a B.A. in Economics and History from Stanford University and an M.S. in Management from the J.L. Kellogg Graduate School of Management, Northwestern University.

      Douglas Valenti has served as chief executive officer and as a member of the board of directors since July 1999 and as Chairman since March 2004.

      Prior to QuinStreet, Mr. Valenti served as a partner at Rosewood Capital, a venture capital firm, for five years; at McKinsey & Company as a strategy consultant and engagement manager for three years; at Procter & Gamble in various management roles for three years; and for the U.S. Navy as a nuclear submarine officer for five years.

      He holds a B.S. in Industrial Engineering from the Georgia Institute of Technology, where he graduated with highest honors and was named the Georgia Tech Outstanding Senior in 1982, and an M.B.A. from the Stanford Graduate School of Business, where he was an Arjay Miller Scholar.

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