Milton "Todd" Ault III
Mr. Ault is a seasoned business professional and entrepreneur that has spent more than twenty-seven years identifying value in various financial markets including equities, fixed income, commodities, and real estate.
Mr. Ault is currently serving as Executive Chairman of Digital Power Corporation (NYSE MKT:DPW) and is responsible for strategic finances, corporate mergers and acquisitions and the overall growth strategy for the corporate enterprise. Mr. Ault actively leverages his network of relationships and experience daily to grow the company which has recently led to DPW receiving its largest single product order in its 47 year history.
Mr. Ault founded on February 25, 2016 Alzamend Neuro, Inc., a biotechnology firm dedicated to finding the treatment, prevention and cure for Alzheimer’s Disease and has served as its Chairman since. Mr. Ault founded Ault & Company, a holding company, serving since December 2015, and as Chairman and Director of the Board of Avalanche International Corp (OTC:AVLP), a holding company with two operating subsidiaries, since September 2014.
Mr. Ault has been in charge of Business Development for a private family office. Through this position, Mr. Ault has consulted for a few publicly traded and privately held companies, providing each of them the benefit of his diversified experience, that range from development stage to seasoned businesses.
Previously, Mr. Ault was a registered representative at Strome Securities, LP, where he was involved in portfolio management and worked on several activism campaigns including Taco Cabana, Jack In The Box (formerly Foodmaker), and 21st Century Holdings Co. Subsequently,Mr. Ault became majority shareholder of Franklin Capital Corp and was elected to its board of directors. He became its Chairman and Chief Executive Officer in October 2004 serving until January 2006, and again from July 2006 to January 2007. In April 2005, the company changed its name to Patient Safety Technologies, Inc. (OTCBB:PSTX, OTCQB:PSTX) (“PST”) and purchased SurgiCount Medical, Inc. Stryker Corporation (NYSE:SYK) acquired PST at the beginning of 2014 in a deal valued at approximately one hundred twenty million dollars ($120,000,000). PST’s wholly owned operating subsidiary, SurgiCount Medical, Inc., is the company that developed the SafetySponge® System; a bar coding technology for inventory control that aims to detect and prevent the incidence of foreign objects left in the body after surgery.