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Presenting Company
Arcadia Resources, Inc. Presenter - Marvin R. Richardson, R.Ph., President and Chief Executive Officer Marvin Richardson is President and Chief Executive Officer of Arcadia Resources, Inc. He joined Arcadia in January 2007 when, as co-founder, President and CEO of Minneapolis, Minn.-based PrairieStone Pharmacy, he completed the sale of PrairieStone to Arcadia. Richardson is a 32-year veteran of health care and retail pharmacy services. He started his career at age 16 in an independent retail pharmacy in his hometown of Anderson, Indiana. He worked for the Walgreen Company for 10 years beginning in 1979 before co-founding Low Cost Health Care, where he was President and CEO for 11 years. The company owned and operated retail pharmacies as well as a long-term care pharmacy operation that serviced several thousand patients in Indiana. He later sold this multi-store retail chain and institutional pharmacy chain. In 2000, he joined Rite Aid Corporation as part of a newly formed management team focused on the turn-around of its operations. He served as Senior Vice-President, Pharmacy Operations and was responsible for pharmacy operations and pharmacy technology for all 3,500 pharmacies in the Rite Aid drug chain. In 2003, he co-founded PrairieStone Pharmacy headquartered in Minneapolis, Minn. and served as President and CEO. PrairieStone focused on the implementation of automation designed to allow the pharmacist more time for patient interaction. The company was named “Chain of the Year” by Drug Topics magazine in 2005. Richardson is a 1980 graduate of Purdue University in West Lafayette, Ind., where he earned his Bachelor of Science degree in Pharmacy. He serves on the Purdue University School of Pharmacy Dean’s Advisory Council and is on the Board of Directors for the Mental Health America of Indiana Association. He has been an advisor to several major government leaders on healthcare policy, including Vice President Dan Quayle, and Mr. Stephen Goldsmith, former Mayor of Indianapolis. Presenter - Matthew Middendorf, Chief Financial Officer  Mr. Middendorf previously served as a consultant to Arcadia, providing day-to-day financial and accounting support to the Interim CFO and working on special projects for the CEO. Prior to joining Arcadia, Mr. Middendorf was the Corporate Controller and Director of Financial Reporting for Workstream, Inc., a publicly-traded software company. Prior to that, Mr. Middendorf worked in public accounting for more than a decade, most recently with Grant Thornton in its Seattle office. While in public accounting, he had significant experience working with mid-size companies in the technology, healthcare and banking industries. Mr. Middendorf holds a Bachelor of Science Degree in Accountancy from the University of Illinois and passed the CPA exam in 1992.
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