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Mr. Maxim Webb has been Chief Financial Officer and Treasurer of PICO since May 14 2001. Mr. Webb served in various capacities with the Global Equity Corporation group of companies since 1993 including Vice President Investments of Forbes Ceylon Limited from 1994 through 1996. Mr. Webb became an officer of Global Equity Corporation in November 1997 and Vice President Investments of PICO on November 20 1998. | 