The Team

Complementing their independent and diverse backgrounds, the Team has extensive shared operational and transactional experiences at IDT Corporation, a diverse telecommunications, media and technology conglomerate. The Team’s common operational experience over many years represents a significant advantage for Olympia when compared to other entities, which are typically comprised of executives who, despite their strong resumes, have not previously worked together in an operational environment.

Mikhail Leibov

Managing Member

Mikhail has over thirty years of management and technology experience. Upon immigrating to the United States in 1976, Mikhail began his career with IBM as a software and systems engineer.

IDT Experience: Most recently, Mikhail was President of IDT Telecom, the primary operating subsidiary of IDT Corporation, a publicly-traded, NYSE-listed company.

Prior Experience: Prior to IDT, Mikhail was founder and Chairman of the Board of Moscow-based Corbina Telecom, which he sold to IDT Corporation in 2000.

Accomplishments: From 2000-2006, under Mikhail’s stewardship, Corbina grew from a modest long-distance resale company into a leading provider of voice and data services to small businesses, and finally into a significant player in consumer broadband and fiber technologies in Russia. In 2006, IDT sold Corbina to a group of Russian investors for $150 million, generating a 15X return on IDT’s original investment. At the time, Corbina employed over 4,500 people in over 50 regions throughout Russia.

Education: Mikhail received his M.S. in Applied Mathematics from Moscow University.

Motti Lichtenstein

Managing Member

Motti has two decades of corporate experience ranging from controller to C-Level positions. With his background in accounting and finance, Motti has combined formidable negotiating skills, cross-industry relationships, and a committed focus on cost controls and efficiencies to successfully operate and monetize businesses for significant profit.

IDT Experience: Most recently, Motti was CEO of IDT Telecom. In prior years, he served as IDT’s COO, Treasurer, EVP of Business Development, and Controller, as well as CEO of IDT Media.

Prior Experience: Controller of Mademoiselle, a leading wholesale manufacturer of apparel.

Accomplishments: During his tenure at IDT, Motti grew IDT’s worldwide wholesale and retail Telecom business from under $1 billion in annual revenues to over $2 billion, and more importantly, from ($50 million) EBITDA to over $150 million EBITDA; and he managed the building of telecom infrastructure in over 30 countries on 5 continents. He led a team that sold a stake in IDT’s then-public Net2Phone division to AT&T for $1.1 billion, realizing approximately $1 billion in profit; he architected and executed the sale of IDT’s Entertainment Division for approximately $500 million, which returned to IDT almost 100% on its investment; and he was the primary architect, negotiator, and executor of dozens of smaller transactions and investments in a variety of industries.

Education: Motti received his B.A. in Accounting from Touro College.

Ely D. Tendler, Esq.

Managing Member

Ely has fifteen years of private practice and corporate legal and operations experience, and provides a unique marriage of strong legal skills and practical business and operational acumen.

IDT Experience: From 2003 to 2008, Ely provided IDT with executive legal and strategic guidance as General Counsel and Executive Vice President of IDT Telecom, and, for two of those years, as Chief Legal Officer of parent IDT Corporation as well.

Prior Experience: Prior to IDT, Ely spent over eight years with Kramer Levin Naftalis & Frankel LLP, specializing in complex M&A and securities transactions on behalf of clients ranging from Tyco and Bear, Stearns to start-ups seeking private and/or public financing.

Accomplishments: During his tenure at IDT, Ely was a key member of executive management, and played a primary role in all operational and strategic initiatives worldwide, including all M&A, financing, regulatory, and lobbying initiatives and restructuring activities globally. Ely has participated in over $50 billion in M&A, corporate finance, and securities transactions.

Education: Ely received his B.A. in Economics from Yeshiva University and his J.D. from Yale Law School.

Morris Smith

Special Capital Markets Advisor

Morris’s reputation in the investment world is legendary, having succeeded Peter Lynch at the Magellan Fund from May 1990 through September 1992.

IDT Experience: Morris was a financial advisor to IDT from 1999 to 2008, providing strategic and capital market advice to IDT’s executive management.

Prior Experience: In 1992, Morris left Magellan and he has been a private investor and consultant ever since, dedicating a substantial amount of his time to advising charitable institutions.

Accomplishments: During his tenure running the world’s then-largest mutual fund, Morris generated impressive returns for Magellan’s investors, beating the market by more than 7%, and assets under management at Magellan increased by $7 billion.

Education: Morris has a B.A. in Accounting and Economics from Queens College and a M.B.A. in Finance from the Wharton School of Business.