Joseph Grundfest is a Co-Founder and serves as a Board Member at Financial Engines. He serves as an Independent Director at Kohlberg Kravis Roberts. He has not been an employee of our Company and has no operational involvement with our Company. Grundfest joined the faculty of Stanford Law School in January 1990 where he is the William A. Franke Professor of Law and Business. He is also senior faculty of the Arthur and Toni Rembe Rock Center for Corporate Governance at Stanford University, and co-director of Director's College, a venue for the continuing professional education of directors of publicly traded corporations. Prior to joining Stanford Law School, Grundfest was a Commissioner of the U.S. Securities and Exchange Commission from 1985 to 1990. Grundfest, who serves on the board of KKR, LLC (the managing partner of KKR LP (NYSE: KKR), a publicly-traded entity), where he is also Chair of the Audit Committee, and is also currently the chairman of the board nominating committee of the NASDAQ Stock Market. Grundfest received a juris doctorate from Stanford Law School and a bachelor's degree in Economics from Yale University. As a professor of law and business, as well as holding senior positions at the Arthur and Toni Rembe Rock Center for Corporate Governance at Stanford University and of Director's College, Grundfest brings to our Board significant corporate governance expertise. We also benefit greatly from Grundfest's status as a financial expert under SEC guidelines. In addition, as one of our co-founders, he has extensive knowledge of our strategies, business and culture and has a long-established history of providing valuable insight to our Board.