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Robert Rosenkranz 64 has served as the Chief Executive Officer of the Company since May 1987 and has served as Chairman of the Board of Directors of the Company since April 1989. He served as President of the Company from May 1987 to April 2006. He also serves as Chairman of the Board or as a Director of the Company’s principal subsidiaries. Mr. Rosenkranz has served since October 1978 as either sole or managing general partner of Rosenkranz & Company L.P. or as beneficial owner of its general partner. Mr. Rosenkranz founded Acorn Partners L.P. in 1982 as a multi-manager multi-strategy fund of hedge funds and in 2004 founded Pergamon Advisors LLC an investment adviser that along with related entities pursues a market neutral equity investment strategy. | 