Tim Wolf – Advisory Board Member

February, 2016

Tim Wolf Biography

Tim Wolf is President of Wolf Interests, Inc., the investment entity that he established after he retired as Chief Integration Officer of MillerCoors Brewing Company in June, 2010, a $10 billion merger that he helped effect and that was completed in July, 2008.

Tim was responsible for converging and integrating the two companies and ensuring delivery of $500 million of cost reduction synergies.

Prior to joining MillerCoors, a transaction that he helped direct, Mr. Wolf was Chief Financial Officer of Coors Brewing Company from 1995 to 2005, when he became Global Chief Financial Officer of Molson Coors Brewing Company, another merger that he helped negotiate, close and refinance. He was instrumental in working with the team that achieved $180 million of synergies in less than 3 years and drove reduction of the debt associated with refinancing and restructuring the highly successful Molson Coors merger, well ahead of commitments to its Board.

During the nearly 14 years that Mr. Wolf was CFO of these two companies, along with the many Coors and Molson Coors teams, he helped build a broad variety of disciplines, capabilities, systems, talent, teams, credibility and strong operating results that drove more than $10 billion of shareholder value, as of his move to MillerCoors in July, 2008.

Focusing on cost reduction, cash generation, and the talent and tools needed to achieve them, Mr. Wolf helped drive Coors Brewing Company’s $1.9 billion acquisition of Bass Breweries, subsequently achieving the 4 years debt reduction plan in less than 3 years. The resulting financial strength of Coors paved the way for its $6 billion merger with Molson Breweries in 2005.

Prior to coming to Colorado with Coors, Tim spent nearly 10 years with PepsiCo in planning, finance, control and strategy roles of increasing responsibility in its soft drinks and fast food businesses from 1980 to 1989.

Before arriving at Coors, from 1989 until 1993, Mr. Wolf was Controller, Chief Accounting Officer for the Walt Disney Company, and then Senior VP of Euro Disney, Marne La Vallee, France, where he ran all infrastructure and support groups for this unprecedented, $5 billion start up. Tim and his family lived in Paris for two years.

During his career, Tim has done business in or visited nearly 40 countries.

Most recently Mr. Wolf has:

Assisted Colorado Governor John Hickenlooper with change management opportunities to operate more efficiently and effectively, during the first half of 2011;

Been a member of the Board of Directors of Xcel Energy, Inc. since 2007, serving on and currently Chairing its Audit Committee, and serving on its Operations, Nuclear, Environmental and Safety Committee;

Served on the Borders Group Board as part of a new turn around board attempt to revitalize the company from 2009 until its sale in 2011;

Joined the Board of Directors of Rally Software Development, November 2011, serving as Chair of its Audit Committee until the sale of the company in July, 2015;

Since early 2011 to 2014 was non-executive Chairman of Spring44 Distilling Inc., a Colorado-based distiller and marketer of super-premium Vodkas, Bourbons and Gins;

Is a member of The E-town Board, the Boulder-based non-profit organization committed to advancing environmental and social justice issues through its weekly national radio show, featuring music and dialogue;

Serves on the University of Colorado Leeds School of Business Advisory Board;

Serves on the Board of EPIC, Executives Partnering to Invest in Children;

Founded and runs The Wolf Family Foundation, a charitable foundation committed to furthering early childhood learning and improving quality education; and

Ran and settled all elements of a family member’s estate for all of 2015.

Mr. Wolf graduated from Harvard College in 1974 with a BA in economics, and an MBA in Finance and Marketing from the University of Chicago Graduate School of Business in 1976.

Mr. Wolf’s 1974 Senior Honors Thesis focused on strategic errors and corporate culture failings of Ford Motors and General Motors in the early 1960’s that brought about their steady loss of market share and profitability, as well as the prognosis for further share losses over the past three decades.

In May 2012, Tim was the commencement speaker at the University of Colorado Spring 2012 Graduation, speaking to 27,000 people about the power and importance of collaboration.

With his two sons, lawyer, Daniel-Charles (“DC”); and professional musician, Stephen, Tim lives in Boulder, Colorado and spends time at his homes in Glen Arbor, Michigan and Vail, Colorado.