Mr. Lomax has been with The Lomax Companies (“TLC”) since 2003, becoming its President and CEO in 2005. In this capacity, Mr. Lomax is responsible for overseeing TLC’s investments.
Mr. Lomax is chairman and CEO of Prime Image AI Corporation, an enterprise software company controlled by TLC that develops and licenses proprietary media technology to leading media networks, streaming services, and television broadcasters. Prime Image’s Time Tailor application is the industry standard for automated digital retiming of video. Under Mr. Lomax’s leadership, Prime Image has successfully converted its unique media AI from hardware to cloud software, allowing it to scale distribution to a global customer base.
Bennett is also a Principal of Lomax Real Estate Partners, LP, a real estate development firm owned by TLC. Bennett serves as the Chairman of the Board of WURD Radio, LLC, Pennsylvania’s only Black owned talk radio station. Bennett serves as board of Directors of Beltraith Capital, LLC, an asset management firm with $2 billion of institutional assets under management.
Mr. Lomax is a member of the board of Directors for the Museum of the American Revolution, serving as Chair of its Finance Committee and Treasurer. Mr. Lomax also serves as the Vice Chairman of the board of Directors of Friends Fiduciary Corporation, an investment organization that provides Quaker values-based investment services to organizations affiliated with the Religious Society of Friends. Mr. Lomax is a member of Sigma Pi Phi, a professional fraternity. Mr. Lomax received a Bachelor of Science in Finance from Hampton University and a Juris Doctor from Temple University Beasley School of Law.
As Partner and Chief Financial Officer of The Lomax Companies (“TLC”), W. Thomas Lomax has managed the financial operations for a variety of businesses for more than 25 years. In his past role at TLC, Mr. Lomax was instrumental in operating a group of medical centers throughout the Greater Philadelphia area, providing managed healthcare services in prison systems across the country and importing and distributing seafood. Currently, Mr. Lomax’s primary responsibilities include overseeing the financial and accounting functions of the various entities; managing the due diligence process when acquiring or disposing of an asset; negotiating with vendors, and implementing systems and budgets applicable to the various companies. In addition to his duties as CFO of TLC, he serves as Treasurer on the Board of Directors for several of TLC’s portfolio companies. He also serves on the Board of Directors of Penn Community Bank, a community bank located in Perkasie, PA with over $2B in assets.
He also served on the Boards of Trustees for two institutions of higher education: Morehouse School of Medicine (10+ years) where he served as Chair of the Audit and Compliance Committee and the Vice Chair of the Finance and Investments Committee and Delaware Valley University (2011-2017), where he Chaired the Enrollment & Marketing Committee and the Audit Committee and served on the Finance and Investment Committee and the Executive Committee.
Additionally, Mr. Lomax serves on the Board of Directors for the Central Bucks Chamber of Commerce & Chaired the Committee for the 2017 Bucks County Arts Award.
Mr. Lomax is a member of Sigma Pi Phi fraternity and served on the Technology Committee for two years and is a lifetime member of the National Black MBA Association.
Mr. Lomax earned his Bachelor of Science degree in Business Administration from Delaware Valley College and a Master of Business Administration degree from LaSalle University.
Mr. Lomax has been with The Lomax Companies (“TLC”) and its predecessors for over 25 years and is a Partner with the firm, with responsibility for its real estate activities. Previously, Mr. Lomax was instrumental in the growth and ongoing management of The Lomax Companies’ healthcare management businesses. Upon the successful exit of those healthcare businesses, he co-founded Lomax Real Estate Partners, LP (“LREP”), a commercial and residential real estate development firm. Under his leadership, LREP has developed and managed a number of residential and commercial projects throughout the Philadelphia region. As Chairman and CEO of LREP, he provides oversight for the firm’s real estate activities including but not limited to business development, land planning, and product design.
Mr. Lomax serves on the board of The John Bartram Association, The Philadelphia Accelerator Fund, Drexel University’s Presidential Real Estate Advisory Council, and The West Laurel Hill Funeral Home and Management Company. He also serves on the board of directors of several of the portfolio companies owned and operated by The Lomax Companies, LP and is a Trustee of The Lomax Family Foundation.
He has a B.A in Economics from Guilford College, Greensboro, NC. Mr. Lomax is also a member of Sigma Pi Phi Fraternity.
Sara M. Lomax
Sara Lomax is the President and CEO of WURD Radio, LLC, Pennsylvania’s only African-American owned talk radio station. She is credited with transforming WURD Radio from a legacy talk radio station to a multimedia communications company providing cutting edge, original programming on air, online and through community events. In 2017, Sara led the expansion of 900AM-WURD to the FM dial, now simulcasting on both 900AM and 96.1FM.
In 2018, Sara spearheaded the launch of an environmental justice journalism platform called ecoWURD.com. And in 2019 she launched an initiative called Lively-HOOD focused on jobs, career readiness and entrepreneurship to address the persistent wealth gap in the Black community. Most recently, she co-founded a new media company called URL Media, a network of Black and Brown owned media organizations that share content, distribution and revenues to increase their long-term sustainability.
Prior to her work with WURD Radio and URL, in 1992 Sara co-founded HealthQuest: Total Wellness for Body, Mind & Spirit, a trailblazing African-American consumer health magazine that grew from a quarterly publication to a bi-monthly with a national circulation of over 500,000.
A graduate of the University of Pennsylvania and Columbia University Graduate School of Journalism, Sara has written for The Miami Herald, The Philadelphia Inquirer, The Atlanta Journal-Constitution, Essence Magazine, and Modern Maturity. In 2016, Sara contributed to a book of essays, “Our Black Sons Matter,” written by Black mothers of sons. And in 2018 Sara presented before the Knight Commission on Trust, Media and Democracy, writing an article about the topic. In June 2020, Sara was sought out and featured on multiple BBC news programs, offering commentary about the protests throughout the country and the world. She was a coach in the Major Metro Newspaper Table Stakes Program and was the Program Lead for the first BIPOC Sustainability Accelerator funded by Facebook designed to empower Black and Brown owned media organizations.
Early in her career, Sara served as an adjunct professor of communications at Oglethorpe University in Atlanta, GA. She has taught a collaborative course at the University of Pennsylvania with Dr. John Jackson titled “Urban Ethnography” which taught students how to create audio documentaries that aired on WURD Radio. Sara completed the Harvard Business School’s Executive Leadership program: The Business of Entertainment, Media and Sports in 2018. In 2019 Sara completed the Media Transformation Challenge (formerly the Sulzberger Program) at Harvard Kennedy School. Most recently Sara completed the John S. Knight Fellowship program at Stanford.
Sara has received numerous awards including: The Beacon of Light Award from the Congressional Black Caucus for HealthQuest Magazine’s outstanding health coverage. She received the Woman of Substance Award from the National Medical Association; was recognized as one of the "100 People to Watch" by Business Philadelphia Magazine; and selected for the “Women of Distinction” award given by the Philadelphia Business Journal. Additionally, Sara has received the PECO “Power to the Community” award given by the National Coalition of 100 Black Women of Pennsylvania; the Moving Mountains Award from the Leon Sullivan Charitable Trust; the RAD Award for Activist of the Year; and the 2017 Trailblazer Award from the
Philadelphia Association of Black Journalists.
In 2018, Sara was also named one of the “100 Most Influential Philadelphians” by Philadelphia Magazine. She has also been named one of the Philadelphia Tribunes Most Influential African Americans for the past 5 years. Last year she was awarded the Community College of Philadelphia’s Community Hero Award. Sara sits on Arcadia University’s Board of Trustees and Drexel University’s College of Medicine Advisory Council. Additionally, Sara participated on the Federal Communications Commission’s Broadcast Diversity and Development Working Group of the Advisory Committee on Diversity and Digital Empowerment.
An avid yoga and meditation practitioner, Sara is also co-founder of Philadelphia’s People of Color meditation group.