Mr. Richard DeSchutter serves as the Board Observer at Applied Silver. Mr. DeSchutter joined DuPont Pharmaceutical Company as Chairman in July 2000. He later was named Chief Executive Officer and remained until the 2001 sale of the company to Bristol Myers-Squibb. Previously, he served as Vice Chairman and Chief Administration Officer of the Monsanto Company. He transitioned to Pharmacia Corporation, a drug manufacturer created through the merger of Monsanto and Pharmacia & Upjohn in April 2000, as Chief Administrative Officer and a director. Dick served as President, Chairman and Chief Executive Officer of G.D. Searle Company from 1995 through 1999. He received his B.S. and M.S. in chemical engineering at the University of Arizona and completed the Advanced Management Program at Columbia University. He served as Chairman of the board of directors of Slate until Slate's acquisition in December 2011. Dick is currently Lead Director at Smith and Nephew and Chairman of Incyte. He also serves as a Director at Navicure.