Larry Dinkin, a member of the Management Committee, has an extensive background in business startup and management. He has been the key individual involved in the startup of three successful companies. The most recent of these companies, Marie Callender Retail Foods, was grown during Mr. Dinkin's tenure from a startup in 1987 with $2 million of venture capital to a business with over $160 million in sales in 1994 and was sold in September 1994 to Con Agra. During his career, Mr. Dinkin has received several business awards, including Long Island Entrepreneur of the Year from Inc. Magazine and a Clio Award for his Marie Callender design work. He was featured in the June 26, 1995 issue of Advertising Age magazine in the "Marketing 100" (the 100 hottest marketing successes) for the Marie Callender concept. Prior to his startup and management career, Mr. Dinkin was employed as a computer consultant at Univac, and at Coopers and Lybrand. LD77 Holding Corp., of which Mr. Dinkin is the principal, has invested approximately $2.25 million in IET to date. In addition, Mr. Dinkin and his family have invested over $1 million of personal funds in IET. |