Timothy A. Bailey — Chief Executive Officer of Marquis Industries, Inc. at Live Ventures

Mr. Timothy A. Bailey, also known as Tim, serves as Chief Executive Officer of Marquis Industries Inc. at Live Ventures Incorporated. Mr. Bailey has 44 years of leadership experience in the floorcovering industry, including 21 years with Marquis Industries. He served as a shareholder and Executive Vice President / Chief Financial Officer of Grassmore, Inc. since 1988. Mr. Bailey installed the internal financial controls and helped Grassmore grow and oversaw its successful sale to Beaulieu of America in 1992. Mr. Bailey consulted with Beaulieu for two years before acquiring Marquis Industries in 1994. Marquis was small and struggling at the time of Mr. Bailey's acquisition. He was able to build a strong leadership team and turn Marquis Industries Inc into a top 10 residential carpet manufacturer in the US with a diversified product line of soft and hard surfaces for the residential and commercial markets. Mr. Bailey holds a Certified Public Accountant license and spent the first 17 years of his career in a carpet industry-focused public accounting firm.