Stephen X. Graham

MicroStrategy Board of Directors

Mr. Graham has been a member of the Board of Directors of MicroStrategy since April 2014. Mr. Graham is currently President of CrossHill Financial Group, Inc., a private merchant bank and advisory firm that he founded in 1988, and has been a General Partner of CrossHill Georgetown Capital, L.P. since 2000 and CrossHill Debt II, L.P. since 2004. Prior to that, Mr. Graham was a Principal with Kidder, Peabody & Co. and held positions with Merrill Lynch & Co. and Arthur Young & Co. (which later became part of Ernst & Young LLP). Mr. Graham was a member of the board of directors of TNS, Inc., a former New York Stock Exchange-listed, global data communications and interoperability solutions company, from 2003 until the company’s acquisition by Siris Capital Group, LLC in February 2013. While a member of the board of directors of TNS, Inc., Mr. Graham served as Chairman of the audit committee through 2011, and as Chairman of the board of directors from 2012 to 2013. Mr. Graham also previously served as a member of the board of directors of Credit Management Solutions, Inc., a former Nasdaq-listed, credit processing software company. He continues to serve on the boards of several private companies. Mr. Graham received a B.S.B.A. from Georgetown University and an M.B.A. from the University of Chicago Booth School of Business.