JOHN D. HOWARD
Irving Place Capital
John D. Howard is CEO and Senior Managing Director of Irving Place Capital, formerly known as Bear Stearns Merchant Banking. Mr. Howard founded the firm in 1997. Irving Place Capital invests private equity capital for control or substantial minority ownership in middle-market companies and focuses on retail, consumer goods and financial services companies, but also has investments and dedicated efforts in the energy, packaging, healthcare services, industrial and transportation sectors. The firm seeks to partner with exceptional management teams and entrepreneurs, and will invest in a variety of transaction types including management buyouts, growth capital financings, corporate divestitures and industry consolidations, and recapitalizations and other ownership liquidity situations. Irving Place Capital has approximately $4.4 billion in equity under management, and its current $2.7 billion Fund III raised in 2006 has $1.7 billion of equity available for investment. To date, the firm has made 68 investments, including its investments in Aéropostale, Integrated Circuit Systems, New York & Company, Reddy Ice, Seven For All Mankind and Vitamin Shoppe.
Mr. Howard has been a principal in the private equity business for more than 25 years. Prior to founding Irving Place Capital, Mr. Howard was co-CEO of Vestar Capital Partners, a private investment firm specializing in management buyouts. From 1985 to 1990, Mr. Howard served as a Senior Vice President and Partner of Wesray Capital Corporation, then one of the foremost private equity sponsors and a pioneer in the leveraged buyout business. He was responsible for Wesray’s investments in ten portfolio companies, including Avis, Simmons Bedding and Wilson Sporting Goods.
Mr. Howard is a director of Aéropostale, Balducci’s, Multi Packaging Solutions, New York & Company, Stuart Weitzman, Universal Hospital Services and Vitamin Shoppe. Throughout his career, he has served on the Board of Directors and Executive Committees of more than thirty companies. He currently serves on the Advisory Board of the Yale School of Management as well as on the Board of Trustees of Mt. Sinai Hospital.
Mr. Howard holds an MBA from the Yale School of Management and a BA from Trinity College.
PAUL G. PARKER
Managing Director, Chairman and Head of Global Mergers and Acquisitions Group
Paul Parker is a Managing Director and Chairman and Head of the Global Mergers and Acquisitions Group at Barclays Capital. Mr. Parker also serves on the firm’s Investment Banking Executive Committee.
Mr. Parker has over 23 years experience in M&A banking and has been ranked for several years as one of the Top Ten M&A bankers by MergerMarket. He has executed over US$500 billion in completed advisory assignments during his career and has advised on many of the highest-profile M&A assignments, including: the US$43 billion sale of MCI to Worldcom; the US$70 billion formation of Cingular Wireless and Cingular’s subsequent US$47 billion acquisition of AT&T Wireless; the US$25 billion recombination of Sprint’s FON and PCS tracking stocks, US$47 billion merger of Sprint and Nextel, subsequent US$14 billion Spin-off of Embarq and pending US$13 billion combination of the Sprint and Clearwire WiMax businesses; the defense of Yahoo! against Microsoft’s US$49 billion unsolicited offer; the Special Committee of Cablevision regarding the US$22 billion offer by its controlling shareholder; and Vodafone, Verizon Wireless’s 45% shareholder, in Verizon Wireless’s pending US$28 billion acquisition of Alltel. Mr. Parker also advised on Cox Enterprises’ US$8.4 billion purchase of the outstanding 38% public stake of Cox Communications and the US$3 billion acquisition of Warner Music Group by the consortium of Edgar Bronfman, Thomas H. Lee, Bain & Co. and Providence.
Formerly, Mr. Parker served as Chairman and Head of Global Mergers & Acquisitions at Lehman Brothers. Other positions Mr. Parker held at Lehman Brothers included his role as Head of Lehman’s U.S. M&A Group for four years and Head of the Global Communications and Media M&A Group for nine years prior to that. Before joining Lehman Brothers in 1995, Mr. Parker was at S.G. Warburg; Bowles Hollowell Conner & Co.; and J.P. Morgan.
Mr. Parker is a Phi Beta Kappa graduate of the University of North Carolina at Chapel Hill where he earned a Bachelor of Arts in International Studies in 1985. He also earned an MBA with Distinction from the Harvard Graduate School of Business Administration in 1990.
Mr. Gary W. Parr is a Deputy Chairman of Lazard. For over 25 years, he has focused on providing strategic advice to financial institutions worldwide. Mr.Parr has advised on transactions such as: the sale of Lehman’s North American investment banking business to Barclay’s, the sale of Bear Stearns to JPMorgan, the US-led restructuring of Fannie Mae, Mitsubishi UFJ’s investment in Morgan Stanley, Kuwait ’s investment in Citigroup, China Investment Corp.’s investment in Morgan Stanley, the merger of Bank of New York and Mellon, JP Morgan’s acquisition of Bank One, New York Stock Exchange’s merger with Archipelago, Temasak’s purchase of the Khoo stake in Standard Chartered Bank, MBIA’s equity capital raising from Warburg Pincus, Mitsubishi Tokyo’s acquisition of UFJ Holdings, the merger of Lincoln Financial and Jefferson Pilot, ManuLife’s acquisition of John Hancock, AIG ’s acquisition of American General, the sale of Donaldson Lufkin & Jenrette to Credit Suisse First Boston, the merger of Allied Zurich PLC with Zurich Allied AG, the buy-in of Travelers Property Casualty by Citigroup, John Hancock’s Demutualization & IPO, AIG ’s purchase of SunAmerica, Dean Witter Discover’s merger with Morgan Stanley, and Berkshire Hathaway’s acquisition of GEICO.
Prior to joining, he was with Morgan Stanley serving in numerous capacities.
- Vice-Chairman - Institutional Securities and Investment Banking.
- Chairman and Head of the Global Financial Institutions Group serving
- financial services clients globally with all merger, advisory and capital
- markets solutions.
- Co-Head of the Global Mergers and Acquisitions Department: Group was
- number two M&A advisory firm in world during late 1990’s while co-head with announced transactions of $918 billion in 1999 alone.
- Chairman: Princes Gate Fund ($1.5 billion private equity fund).
Prior to Morgan Stanley, Mr. Parr was with a group from First Boston that formed Wasserstein Perella. He rose to be Co-President.
Mr. Parr’s current activities include:
- Chairman of the Parr Center for Ethics at the University of North Carolina
- at Chapel Hill
- Board; Venetian Heritage
- Board; The Kenan-Flagler Business School at the University of North
- Carolina at Chapel Hill Board; Mingya ( China )
- Previously: Board of Berkeley Divinity School of Yale.
University of North Carolina, with honors, Phi Beta Kappa and Beta Gamma Sigma, Northwestern University, M.B.A
H. RODGIN COHEN
Sullivan Cromwell LLP
H. Rodgin Cohen is a partner at Sullivan & Cromwell LLP and has served as Chairman of the Firm since July 2000. The primary focus of his practice is acquisition, corporate governance, regulatory and securities law matters for major U.S. and non-U.S. banking and other financial institutions and their trade associations.
Led by Mr. Cohen, S&C is at the vanguard of critical issues and developments affecting financial institutions and remains the chosen firm of leading global financial institutions seeking non-traditional investments, sales and restructuring arrangements in connection with the global credit crisis.
Recent press stories attest to the preeminent stature of Mr. Cohen in the financial institutions sector: The Wall Street Journal named him “one of the most influential private-sector players in the financial crisis” (“A Lawyer for All Wall Street Navigates Tempestuous Times,” October 9, 2008 ), The New York Times as one of “The Street’s Emergency Responders” (October 7, 2008), The London Times as its “Lawyer of the Week” (October 2, 2008), The Lawyer as “The Main Man” (September 29, 2008) and The American Lawyer as its first-ever “Dealmaker of the Week” (The AmLaw Daily, September 19, 2008 ).
He has also recently worked on major capital raising activities by a number of major financial institutions, in a role that The Wall Street Journal called “a front row seat for one of the biggest developments in the financial world in 2007.”
In the acquisitions area, Mr. Cohen has been engaged in most of the major bank acquisitions in the United States, including Toronto Dominion-Commerce, Bank of New York-Mellon Financial, Regions-AmSouth, Wachovia-Golden West, Wachovia-SouthTrust, Chase-Bank One, First Union-Wachovia, U.S. Bancorp-Firstar, Wells Fargo-Norwest, Wells Fargo-First Interstate, Chemical-Chase, First Union-First Fidelity, Key-Society, NationsBank-C&S, and Bank of New York-Irving, as well as numerous other acquisitions. In cross-border and non-U.S. transactions, he was engaged in Mitsubishi UFJ Financial-UnionBanCal, Standard Chartered-American Express Bank, Goldman Sachs-Sumitomo, Allianz-Dresdner, UBS -PaineWebber, Credit Suisse- DLJ , Société Générale-Paribas, Dexia-FSA, Mitsubishi-Bank of Tokyo, Credit Suisse-First Boston, Royal Bank of Canada-Bank of Montreal, and acquisitions or divestitures by Barclays Bank, National Westminster, Midland Bank, Lloyds Bank, Bank of Ireland and Istituto Bancario San Paolo di Torino. He has also worked on a number of major cross-industry and private equity acquisitions, including JPMorgan Chase-Bear Stearns, Merrill Lynch-BlackRock, J.C. Flowers-Sallie Mae, Mellon-Dreyfus and NationsBank-Montgomery, as well as acquisitions in the insurance industry, including Anthem-WellPoint and Manulife-Hancock.
Mr. Cohen provides corporate governance advice to a large number of financial and non-financial institutions, both regular clients and as special assignments. He has worked on a wide variety of bank regulatory matters with the four banking regulatory agencies, as well as other governmental agencies, on behalf of many of the largest U.S. and non-U.S. financial institutions, and trade associations.
In the securities area, Mr. Cohen worked on the first public offering in the United States by a non-U.S. bank (Barclays) and on numerous other offerings in the United States by U.S. and non-U.S. banks.
Mr. Cohen has participated in the resolution of most major bank failures, including Continental, First City , Southeast, Franklin National and Bank of New England and, at the recommendation of the Federal Reserve, the Ohio thrift crisis. During the past several years, he also has devoted substantial time to regulatory, law enforcement and internal investigations of financial institutions.
In 1992, after working twenty-five years as a civil engineer for the City of New York, Phillip Goldstein and his partner, Steve Samuels founded what is now Bulldog Investors, a value oriented group of hedge funds that invest primarily in closed-end funds, small cap operating companies and SPACs. Bulldog Investors often employs investor activism to unlock the intrinsic value of its investments. It has conducted approximately 30 proxy contests and several “hostile” tender offers.
Mr. Goldstein has served as a director of a number of closed-end funds and is currently a director of the Mexico Equity & Income Fund, ASA Limited and Brantley Capital Corporation. He graduated from the University of Southern California in 1966 with a Bachelor of Engineering degree and from C.C.N.Y in 1968 with a Master of Engineering degree.
Mr. Goldstein is a widely-quoted expert on closed-end funds, hedge funds, value investing, investor activism, corporate governance and securities regulation. In 2006, he and Bulldog Investors succeeded in a legal challenge to invalidate the SEC’s controversial rule to register hedge funds. He has also challenged other securities regulations on constitutional grounds.
Partner and Co-Chair, Defense and National Security Practice Group; Chair, Public Policy and Strategy Practice Group
Jamie Gorelick’s career spans the legal, corporate and public policy landscape. A litigator by training, she is a partner at WilmerHale in Washington, where she is a member of the Litigation Department and Chairs both the Public Policy and Strategy Practice and the Defense and National Security Practice. She was one of the longest serving Deputy Attorneys General of the United States, and was General Counsel of the Defense Department. She was also a member of the bi-partisan National Commission on Terrorist Threats Upon the United States, the “9/11 Commission.” She was Vice Chair of Fannie Mae from 1997 to 2003 and serves on the Boards of United Technologies Corp. and Schlumberger, Ltd., as well as the boards of the MacArthur Foundation, the Carnegie Endowment for International Peace, the Urban Institute, and the Washington Legal Clinic for the Homeless. She is a member of the Council on Foreign Relations. Jamie was President of the District of Columbia Bar and is the author of a legal treatise on document maintenance and many articles on legal issues. A graduate of Harvard College (’72) and Harvard Law School (’75), she has also been a member of Harvard’s Board of Overseers and its Law School’s Visiting Committee.
MOST ADMIRED DEALMAKERS AWARDS MASTER OF CEREMONIES:
Fox Business Network
Brian Sullivan joined FOX Business Network (FBN) in April 2008 as an anchor. He co-anchors the 10am-12pm ET hours of the FOX Business block.
Prior to joining FBN, Sullivan served as an anchor for Bloomberg Television where he hosted the programs Morning Call and In Focus. He also frequently hosted the weekend interview program For the Record. Sullivan’s July 2007 special “Subprime Shockwaves” won the New York CPA Society Excellence in Financial Journalism award and was nominated for the Loeb Award for its early reporting on the impact of subprime mortgages on the housing market and economy.
Sullivan joined Bloomberg Television in 1997 and during his eleven years with the network, he served in various roles as a writer, editor, on-air reporter and stocks editor. In his anchor position, Sullivan interviewed prominent political and business leaders including Bill Gates, Warren Buffett, Larry Ellison, and Prince Alwaleed bin Talal . He also frequently speaks and moderates panels at events such as the Milken Institute Global Conference.
Prior to joining Bloomberg, Sullivan traded chemical commodities for Mitsubishi International. Born in Los Angeles , CA , he earned his bachelor’s degree in political science from Virginia Tech, certificate in journalism from New York University School of Continuing Education, and a law degree from Brooklyn Law School . Sullivan also races cars competitively in the Sports Car Club of America.
LUNCHEON KEYNOTE SPEAKER:
Steven Roth Professor of Management, Tuck School at Dartmouth College
Author of 'Why Smart Executives Fail'
Sydney Finkelstein is the Steven Roth Professor of Management at the Tuck School at Dartmouth College , where he teaches courses on Leadership and Strategy. He has taught executive education at the Tuck School (where he serves as the Faculty Director of the flagship Tuck Executive Program), Northwestern, Wharton, Duke, Bocconi, London Business School , Australian Graduate School of Management, Melbourne Business School , Hanoi School of Business, and the Helsinki School of Economics. He holds degrees from Concordia University and the London School of Economics, as well as a Ph.D. from Columbia University in strategic management.
Professor Finkelstein has published 7 books and over 50 articles, including the Amazon #1 bestseller in the U.S. and Japan , Why Smart Executives Fail (www.whysmartexecutivesfail.com). Based on a six-year study of 51 companies and 200 interviews of business leaders, the book identifies the fundamental reasons why major mistakes happen, points out the early warning signals that are critical for investors and managers alike, and offers ideas on how organizations can develop a capability of learning from corporate mistakes. On Fortune Magazine’s list of Best Business Books, the Wall Street Journal called it “a marvel – a jargon-free business book based on serious research that offers genuine insights with clarity and sometimes even wit … It should be required reading not just for executives but for investors as well.” It has also been featured in such media as the Financial Times, Business Week, the London Times, the Toronto Globe and Mail, Fast Company, Across the Board, and Entrepreneurship, among others, and has been translated into 11 different languages. Professor Finkelstein is also the co-author of Breakout Strategy (www.tuck.dartmouth.edu/breakoutstrategy), a new book based on five years of research and hands-on work with leaders in companies in the United States , Europe , Asia , and Australia that gives managers a clear, actionable, set of ideas to move their businesses toward the double-digit growth opportunites that exist in every industry.
DLJ Merchant Banking
Nicole S Arnaboldi is a Vice Chairman of Credit Suisse in Alternative Investments in the Asset Management business, based in New York . She is the Co-Head of Credit Suisse's Illiquid Alternatives businesses, which includes the management and agency distribution of illiquid investments such as private equity, real estate, credit products and certain hedge funds, and Chairman of DLJ Merchant Banking Partners (DLJ MBP) . She is also a member of the Asset Management Management Committee.
Ms Arnaboldi joined Credit Suisse First Boston in November 2000 through the merger with Donaldson, Lufkin & Jenrette, where she was a Managing Director in DLJ's merchant banking team. Prior to the merger, Ms Arnaboldi spent 15 years at Donaldson, Lufkin & Jenrette primarily in the private equity and venture capital groups.
Ms Arnaboldi joined DLJ in 1985 as an Associate in the Investment Banking Group. In 1987, she moved to the Sprout Group, DLJ's venture capital affiliate, where she was involved in a variety of principal transactions. In 1993, Ms Arnaboldi moved to the Private Equity Group, where she was promoted to Managing Director in 1996.
Ms Arnaboldi serves on the Investment Committees for many of the Credit Suisse private equity funds. She also serves on the boards of the Credit Suisse Americas Foundation, New Yorkers for Children and Prep for Prep, and previously served on the boards of Duane Reade Corp., Horizon G.P., Inc. and several private companies. Additionally, she has served on the board of the Harvard Club of New York, and served as Treasurer of the Harvard Alumni Association.
Ms Arnaboldi holds a BA magna cum laude from Harvard College , a JD cum laude from Harvard Law School and an MBA with a high distinction from the Harvard Graduate School of Business Administration, where she was a Baker Scholar.
Nathaniel E. Baker leads The Deal LLC's coverage of middle market transactions. He is also managing editor of the Auction Block newsletter, which covers mid-cap and large-cap assets for sale.
Before joining The Deal, Baker was managing editor at Institutional Investor's Alternative Investment News, where he reported on hedge funds and private equity. While at Institutional Investor, Baker was also a contributor to Alpha Magazine and covered compliance and investment management for the Compliance Reporter newsletter. He began his career in journalism freelancing at several general business publications.
Baker earned a bachelors degree in international studies and French at Goucher College in Baltimore, Maryland.
STEVEN A. BARONOFF
Head of Global M&A
Steven A. Baronoff is a Senior Vice President and has been Managing Director and Head of Global Mergers & Acquisitions since 2000. In this role he is responsible for the mergers and acquisitions business around the world.
Mr. Baronoff initially joined Merrill Lynch in 1986 from the law firm Skadden, Arps, Slate, Meagher & Flom as an associate. He left Merrill Lynch as a Vice President to help found an M&A boutique and subsequently became head of M&A at Societe Generale. Mr. Baronoff once again joined Merrill Lynch as head of Retail and Apparel M&A in 1997.
Mr. Baronoff received his J.D. from The Yale Law School. He also holds a B.A. in Economics from Brown University.
Tax Partner & Transaction Advisory Tax Services Practice Leader
Throughout his career, Paul has provided U.S. corporate tax advice and transaction support on cross-border mergers, divestitures and other international tax issues to a wide variety of U.S. and non-U.S. based multinational companies.
Prior to joining Grant Thornton in 2001, Paul spent 11 years with one of the Big 4 including as second-in-charge of that firm's Southeast Mergers and Acquisitions Tax Services practice, a role he assumed after a two-year secondment to London. His international experience includes the UK, Belgium, Switzerland, Iceland, Canada, and Israel to name a few.
Paul has been quoted in the Wall Street Journal and has hosted numerous seminars on corporate tax issues and M&A tax planning (Tax Executives Institute, Association for Corporate Growth, etc.) and his articles have been printed in a variety of periodicals, including American Executive magazine and Mergers and Acquisitions journal previously published by Panel. In addition, Paul is a member of the American Institute of Certified Public Accountants. He has a Master of Science in Accounting (Summa Cum Laude) from Northeastern University Graduate School of Professional Accounting and a Bachelor of Science in Finance (Magna Cum Laude) from the University of Massachusetts, Boston.
Blue Wolf Capital Management
Adam Blumenthal is a co-founder and Managing Partner of Blue Wolf Capital Management, a private equity firm, and Blue Wolf Capital Fund II, L.P., a private equity fund, which specialize in control investments in middle market companies in which managing relationships with government or labor, or resolving financial or operational distress, are critical to building value. Mr. Blumenthal is a member of Blue Wolf’s investment committee. He is a director of Finch Paper LLC, a Blue Wolf portfolio company which produces specialty papers, and a director of Northern Pulp Nova Scotia Corporation, a Blue Wolf portfolio company which produces pulp for a variety of paper products.
From 1989 to 2002, Mr. Blumenthal built and managed American Capital Strategies ("American Capital" or "ACAS"), a publicly traded buyout and mezzanine fund (NASDAQ: ACAS) which is now a member of the S&P 500. When Mr. Blumenthal joined ACAS in 1989, it had one other employee and had not yet raised institutional capital. In the subsequent years, he played a central role in building it into a publicly traded buyout and mezzanine fund with a portfolio of over $1 billion invested in sixty-three middle-market companies by the time he left in 2002.
From American Capital's 1997 initial public offering until 2002, when he left American Capital to become First Deputy Comptroller of the City of New York , Mr. Blumenthal served continuously on ACAS's board of directors, and was a founding member of its investment committee, and held positions including Chief Financial Officer, Chief Operating Officer, President and Vice Chairman. Over this time, American Capital produced a 22% IRR to investors in its initial public offering ("IPO").
From 2002 to 2005, Mr. Blumenthal served as First Deputy Comptroller and Chief Financial Officer for New York City Comptroller William C. Thompson, Jr. In this capacity he oversaw the capital markets activities of the Comptroller's office, including management of the assets of the New York City Retirement Systems, issuance of budget, financial, and economic analyses, and oversight of the City's debt issuance. During his tenure, the City's pension assets increased from $65 billion to $85 billion primarily as a result of strong investment gains. Adam also led a restructuring of the Funds' operations and investment strategies, including the establishment of multi-billion dollar allocations to private equity, real estate, and inflation-linked securities; the creation of a risk management unit; and securing, for the first time, funding from the pension funds to hire professional investment staff.
Mr. Blumenthal received a B.A., magna cum laude, from Harvard College , and an M.B.A. from the Yale School of Management. From 2004 to 2007, he served on the Yale School of Management Board of Advisors. He is chairman of the investment committee of the Nathan Cummings Foundation, managing an endowment of over $500 million, and a trustee of the Com
munity Service Society of New York.
Vice President, Head of Global M&A
As head of M&A at Nokia since June 2006, Bruce leads all mergers and acquisitions activity to drive external growth and strategic evolution at Nokia. Notable recent transactions have included Nokia's acquisition of Navteq, the world's leading digital map provider, and of Symbian, the world's leading smartphone operating system.
Prior to joining Nokia, Bruce headed North American M&A at PepsiCo for 18 months, where he led transactions to grow the businesses of Frito-Lay and PepsiCola. From 2000 to 2004 Bruce was Vice President of Strategy & Corporate Development at neuf Cegetel in Paris, France, where he drove 10 acquisitions to consolidate the French fixed-line alternative network space. From 1997 to 2000 Bruce was a consultant at the Boston Consulting Group (BCG) in Boston and Paris, where he helped technology and telecommunications clients to realize their growth ambitions.
Bruce earned a BSBA in Finance and International Management from Georgetown University, and a JD/MBA from the University of Virginia.
CLIFFORD V. BROKAW IV
Mr. Brokaw joined Corsair Capital in March as a Managing Director and serves as a member of the Investment Committees of the Corsair II and Corsair III funds.
Mr. Brokaw was previously a Managing Director in the Financial Institutions group at Goldman Sachs & Co., and prior to that worked in the Mergers & Acquisitions group of J.P.Morgan & Co.
Mr. Brokaw’s client transactions include the demutualization and initial public offering of Prudential Financial, the sale of Lincoln Re to Swiss Re, the merger of St. Paul with Travelers, the acquisition by ING of Commercial America, and the merger of Radian with MGIC. He has also completed numerous capital offerings for established Bermuda insurance companies including XL Capital and Everest Re, as well as for start-ups including Montpelier Re, PX Re, and Platinum Re.
While at Goldman Sachs, Mr. Brokaw was also involved in transactions and advisory work involving selected Corsair II portfolio companies including Catlin Group, FGIC, and NewStar Financial. A number of Corsair’s partners have known Mr. Brokaw for many years dating back to their time together at J.P. Morgan in the middle 1990s.
Mr. Brokaw has a B.A. in history and a J.D. from the University of Virginia.
Locksmith Value Opportunity Fund
Mr. Brog has been the Managing Director of Locksmith Capital Management LLC since September 2007 and of E2 Investment Partners LLC since March 2007. Mr. Brog was President of Pembridge Capital Management LLC and the Portfolio Manager of Pembridge Value Opportunity Fund from June 2004 to September 2007. Mr. Brog had been a Managing Director of The Edward Andrews Group Inc., a boutique investment bank from 1996 to 2007. From 1989 to 1995, Mr. Brog was a corporate finance and mergers and acquisition associate of the law firm Skadden, Arps, Slate, Meagher & Flom LLP. Mr. Brog is Chairman of the Board of Peerless Systems Corporation and a Director of Eco-Bat Technologies Limited.
JONATHAN E. COLBY
The Carlyle Group
Mr. Colby is a Managing Director of The Carlyle Group, where he works with investors as well as serving on the investment committees for Carlyle Japan Partners I & II, Carlyle's Japanese leveraged buyout funds launched in 2001 and 2006, respectively.
Prior to joining Carlyle in 1998, Mr. Colby was a Senior Managing Director at Equinox Group Holdings, Ltd., a merchant bank specializing in private equity investments and corporate advisory services in Asia . Prior to that, Mr. Colby was a General Partner of The Blackstone Group, and before that was head of Asian mergers and acquisitions at The First Boston Corporation in Tokyo . While at Blackstone and First Boston, Mr. Colby worked on acquisitions by Asian companies of U.S. companies as well as Asian market-entry strategies for U.S. multinationals. Previously, he was Resident Senior Attorney in the Singapore Office of Coudert Brothers, an international law firm. Mr. Colby also served in the Nixon Administration as Staff Assistant (Foreign Affairs) on the National Security Council under the direction of Dr. Henry A. Kissinger.
Mr. Colby is a graduate of Princeton University and Yale Law School . He is a member of the Council on Foreign Relations and the International Institute for Strategic Studies. He serves as the Treasurer and on the Investment Committee of the Carnegie Council on Ethics and International Affairs in New York , on the Board of Directors of the Center for the Study of the Presidency in Washington , and on the Business Council at the Asia Society in New York.
J. HAMILTON CRAWFORD
Mr. Crawford is a Managing Director in Houlihan Lokey's New York office, where he is a member of the Financial Sponsors Coverage Group. For nearly two decades, he has helped provide strategic advisory services and public and private debt and equity financing to midsize businesses and Fortune 500 companies in numerous industries, including industrials and manufacturing, consumer products, precision instruments, automotive, chemicals, telecommunications and food & beverage.
Before joining Houlihan Lokey, Mr. Crawford was a senior vice president in the mergers & acquisitions groups at both Credit Suisse First Boston and Donaldson, Lufkin & Jenrette, specializing in sellside advisory. Earlier, he was an officer in Salomon Brothers' mid-cap industrials investment banking group, where he provided corporate finance coverage and execution with capital markets and M&A services. He started his career at Chemical Bank, where he provided credit analysis and loan structuring for middle-market companies in the service and manufacturing sectors.
Mr. Crawford received a B.A. from Tufts University and an M.B.A. from Columbia University, and he completed Chemical Bank's Credit and advanced credit training programs. He is registered with FINRA (formerly the NASD) as a General Securities Representative (Series 7 and 63).
JARED L. LANDAW
Managing Director and General Counsel
Barington Capital Group, L.P.
Jared L. Landaw is a Managing Director and the General Counsel of Barington Capital Group, L.P., an activist hedge fund located in New York City that has been successful in influencing public companies to make significant operational, strategic and corporate governance improvements to enhance shareholder value. Prior to working at Barington, Mr. Landaw was the Vice President of Law at International Specialty Products, Inc., where he worked with Samuel J. Heyman, the Chairman of ISP, as the lead in-house lawyer in ISP's successful proxy contest for four seats on the Board of Directors of Hercules Corporation and attempted acquisition of Dexter Corporation. Prior to that, he was an attorney at Skadden Arps Slate Meagher & Flom LLP.
Mr. Landaw chairs an annual symposium on activist investing at the New York City Bar Association. He has also spoken about hedge funds, shareholder activism and corporate governance at the Hedge Fund Activism and Shareholder Value Summit in Phoenix in September 2008, the Hedge Fund General Counsel Summit in Stamford in September 2008, the American Bar Association's 2008 Annual Meeting in New York City and as a guest lecturer at Boston University Law School, Fordham University School of Law and Tulane Law School. Mr. Landaw is a member of the Board of Directors of Sielox, Inc. (a publicly traded company that markets a wide range of security products including surveillance cameras, digital video recorders and access control systems), the Board of Trustees of Big Brothers Big Sisters of New York City, Inc. and the New York City Bar Association's Committee on Mergers & Acquisitions and Contests for Corporate Control.
Mr. Landaw holds a B.A. from Colgate University, where he graduated magna cum laude, and a J.D. from Columbia University School of Law, where he was a Harlan Fisk Stone Scholar and a Managing Editor of the Columbia Business Law Review.
JAMES J. LOUGHLIN, Jr.
Principal & Managing Director
Loughlin Meghji & Co.
Jim is a nationally recognized restructuring professional with more than 25 years of financial and operational restructuring experience. He has been involved in all aspects of restructuring having served as an advisor to financially underperforming and distressed companies, lenders and other creditors, corporate boards and equity sponsors.
He has advised on over 100 cases and has successfully restructured more than $50 billion of debt. His recent experience includes several large and complex matters such as Interstate Bakeries (consumer products), Werner Co. (durable goods mfg), Independent Wireless One (telecom), Kmart (retail), Safelite Glass (auto glass), Charter Communications (cable television), Burlington Industries (textiles), CircleK Corp (convenience stores), and Mariner Post-Acute Network (healthcare).
Jim recently served as the Interim CEO and CRO for Werner Co. (ladder manufacturer) during its Chapter 11 bankruptcy and reorganization. In 2005, the Turnaround Management Association awarded Jim the Turnaround of the Year for the work he did as CRO of Independent Wireless One. His institutional clients include JP Morgan Chase, Bank of America, Wachovia, Goldman Sachs, Fleet Bank and CIBC.
Jim is a Certified Turnaround Professional (CTP) and former director of both the Turnaround Management Association and the Association of Certified Turnaround Professionals. He earned his MBA with honors from the University of Texas at Austin and his BBA from Southern Methodist University.
Lincolnshire Management, Inc.
T. J. Maloney is President of Lincolnshire Management, Inc. Prior to becoming President of Lincolnshire in 1998, Mr. Maloney served as a Managing Director of Lincolnshire beginning in 1993. Prior thereto, he practiced merger, acquisition and securities law. Mr. Maloney serves on the board of directors of a number of companies. He is a member of the Board of Trustees and the finance committee of The Tilton School, a member of The Dean's Planning Council at Fordham University School of Law, a member of the Board of Directors of The English-Speaking Union of The United States and also serves on the Board of Directors for the Boston College Center for Asset Management.
He has lectured extensively and has served as a guest lecturer to the Columbia University M.B.A. Program. Mr. Maloney is a graduate of Boston College (B.A. 1976) and Fordham Law School (J.D. 1979). He is also the 2007 recipient of the Richard J. Bennett Memorial Award, presented by Fordham Law School in recognition of corporate leaders with the highest moral standards.
Marty is a managing director in the Boston office of Summit Partners, a private equity and venture capital firm for growth companies. Since Marty joined the firm in 1985, Summit has grown from less than 10 employees to more than 150, and the industry has grown from a cottage industry to an important segment of the financial service sector.
Marty has served on the boards of numerous private and public companies, with a particular focus on healthcare, financial services and technology companies.His board directorships and investments include American Dental Partners, Bartlett Holdings, Benesight, Bennington Marine, Champion Window, Clinical Pathology Laboratories, Educational Services Institute, EMED Co., Lincare Holdings, Liquidnet Holdings, Litchfield Financial Corporation, MEDITECH, NameMedia, Prompt Associates, Sparta Systems, and Suburban Ostomy Supply Company.
Marty grew up in the Bronx, New York and attended Regis High School in Manhattan, where he was an All New York City basketball player. He went on to Princeton and graduated in 1981 with a degree in Economics.
Following graduation, he went to work at IBM Corporation in Computer Software Sales & Marketing in the Philadelphia area. Following two years at IBM , Marty attended Harvard Business School, graduating in June of 1985.
Managing Director, Global Government and Regulatory Affairs
The Carlyle Group
David M. Marchick serves as Managing Director and Global Head of Regulatory Affairs.
In this newly created position, which reports to Carlyle’s Co-Founders, Mr. Marchick will provide government affairs, regulatory and strategic advice to Carlyle's fund managers on a global basis. He focuses on issues relating to the private equity sector globally as well as regulatory and government-related issues that arise for Carlyle portfolio companies.
Prior to joining Carlyle, Marchick was a partner and Vice-Chair of the international practice group at Covington & Burling. He is an expert on foreign investment issues and has advised on a number of significant recent foreign acquisitions of U.S. companies.
Mr. Marchick is the co-author of the book “U.S. National Security and Foreign Direct Investment” (Institute for International Economics, May 2006), has authored numerous articles in major business and trade publications such as the Financial Times, Wall Street Journal and Far Eastern Economic Review, and frequently testifies before Congress.
Prior to joining Covington & Burling in 2002, Mr. Marchick worked on then-Governor Clinton ’s 1992 campaign and served in four departments – the White House, USTR and Departments of State and Commerce – over seven years in the Clinton Administration. Among other positions, he served as Deputy Assistant Secretary of State and while at the White House, helped coordinate the Administration’s efforts to secure passage of NAFTA and the creation of the World Trade Organization.
Mr. Marchick, 41, earned his J.D. from The George Washington University Law School, his M.A. from the University of Texas and his B.A. from the University of California , San Diego.
ANDERS J. MAXWELL
Peter J. Solomon Company, L.P.
Anders Maxwell is a Managing Director focusing on corporate restructuring and strategic sales.
Joining PJSC in 1999, Mr. Maxwell has led a number of advisory assignments including representing the shareholders of Mirant Corporation in the bankruptcy reorganization of this $12 billion independent power company, advising the creditors of Galey & Lord, the largest U.S. manufacturer of khaki and denim wear, and the Debtor, Payless Cashways, in that company's bankruptcy as the country's fourth largest distributor of building products. Mr. Maxwell's recent clients include Building Materials Holding Corp., Portrait Company of America's Creditors Committee and Calpine Generating Corporation's Collateral Agent and Indenture Trustee.
Mr. Maxwell has a diverse background, encompassing high yield sales and trading, project finance, private equity, as well as restructuring. During a 14-year career with GE Capital, he served as Vice President of Corporate Finance and Vice President and General Manager of GE's Equity Capital Group. Mr. Maxwell was also Managing Director at Dean Witter Reynolds, and held high yield sales and trading positions at Kidder Peabody & Co., Salomon Smith Barney and Lazard Frères.
Mr. Maxwell earned an M.B.A. from the Wharton School of the University of Pennsylvania and a Bachelor of Architecture with honors from the University of California at Berkeley.
Simpson Thatcher & Bartlett
Washington Bureau Chief
Bill McConnell has been the Washington D.C. bureau chief for The Deal LLC since August 2005.
Before joining The Deal, he was the Washington D.C. correspondent for Broadcasting & Cable, where he spent seven years reporting on the debate over media ownership, the Federal Communications Commission's crackdown on broadcast indecency and the rollout of digital television. Previously, McConnell was a reporter for American Banker, covering Capitol Hill and banking regulators. He also worked at The Daily Record in Baltimore, tracking Maryland's public companies, the state's biotech industry and the Baltimore advertising industry.
He began his career at The Daily Times in Maryville, Tenn.
McConnell earned a master's in economic communication from American University in Washington D.C. and a bachelor's degree in journalism from the University of Tennessee.
Matt Miller is a senior writer covering corporate dealmakers, technology, venture capital and bankruptcy trends for The Deal.
He has spent more than twenty-five years in business journalism, with much of that time based in Asia for The Asian Wall Street Journal. Miller opened The Asian Wall Street Journal's New Delhi bureau, was bureau chief in Manila and an investigative reporter based in Hong Kong, where he broke stories on a number of major financial scandals. He also was the Pacific Rim correspondent for The San Diego Union-Tribune and has contributed to the BBC, National Public Radio, Institutional Investor, Far Eastern Economic Review and the Los Angeles Times.
Most recently at The Deal, Miller has written feature stories investigating the successes and struggles of major metropolitan areas like Boston, Los Angeles and Detroit. Before that, he wrote extensively on issues related to the impact of immigrants and technology, especially in the Silicon Valley.
Miller was a Kiriyama Fellow at the University of San Francisco's Center for the Pacific Rim, the first journalist to be awarded this prestigious fellowship. He also taught Asian Studies at San Diego State University.
Miller received his bachelor's of art degree in Asian studies from Macalester College in St. Paul, Minn. and did post-graduate studies at the University of the Philippines.
Vipal Monga is a senior writer covering capital markets and Wall Street for The Deal LLC. He also pens the "Follow the Money" column in The Deal newsweekly.
Prior to joining The Deal, Monga was managing editor at Corporate Financing Week, where he also covered Wall Street. He also worked at Bridge News where held several beats from covering Canadian monetary policy to politics to asset management in the United States. He has also contributed freelance stories to several newspapers and magazines, such as Globe and Mail and The India Magazine.
Monga received a bachelors of arts degree in journalism from Carleton University in Ottawa, Ontario, Canada.
Assistant Managing Editor
John E. Morris is an assistant managing editor for The Deal, LLC, overseeing its daily and weekly global private equity coverage. He also edits hedge fund, merger arbitrage and venture capital coverage from The Deal's New York City headquarters.
Morris joined The Deal's London bureau in 1999 to oversee European private equity, law firms, regulation and competition. Prior to moving to London, he was an editor-at-large for The American Lawyer magazine, where he had been editor from 1993 to 1994. Among his many achievements during his tenure at the magazine was the expansion of its popular "Corporate Scorecard," an annual survey of the top corporate finance law firms. Morris accepted his first journalism position in 1990 with The Recorder, a San Francisco area legal publication. Prior to his career as a journalist, Morris practiced law for six years in San Francisco.
Morris is a graduate of Harvard Law School and earned a bachelor's degree in philosophy at the University of California at Berkeley.
DAMIEN J. PARK
President & CEO
Hedge Fund Solutions
Mr. Park is the President and CEO of Hedge Fund Solutions, a Philadelphia-based strategy consulting, public relations and investor communications firm singly focused on issues relating to shareholder activism. He founded the company in 2003 after leaving a publicly-traded company involved in a long and costly battle for board control with one of the world’s largest and most aggressive dissident investor. Since then he has become the trusted advisor of CEOs, boards of directors and institutional investors who rely on him for providing practical solutions to these complex issues.
Mr. Park is widely considered an expert on hedge fund activism and is often quoted in leading business publications like The Wall Street Journal, BusinessWeek, CFO Magazine, Bloomberg News, The Deal, CNN Money, The New York Times, The Nikkei and Newsweek Japan. He frequently speaks at professional conferences and is the Chairman of the Hedge Fund Activism and Shareholder Value Summit - which is the largest annual gathering of activist hedge funds in the world.
Mr. Park’s company distributes a free weekly report analyzing recent activist investments and they also administer The Official Activist Investing Blog™ featuring insights by contributing experts from around the world. A few of Mr. Park’s published papers include: Understanding Activist Hedge Funds; 2008: The Year of the Activist Hedge Fund; A 5-Phase Approach to Preventing Shareholder Activism; and The Outlook for Activist Investing in 2009.
Mr. Park is a dual citizen of the United States and Ireland and holds a Master of Business Administration degree from Trinity College Dublin.
Senior Vice President
Capital IQ, Inc.
Prior to Capital IQ, Jeremy was an associate partner at Newtonmore Advisors, a London-based private equity firm. Prior to Newtonmore, Jeremy was an M&A investment banker at JPMorgan and BNP Paribas. Earlier in his career, Jeremy was a motion-picture talent agent for The Artist Group and The William Morris Agency. Jeremy received an AB in history from Dartmouth and an MBA from the Stern School of Business at New York University.
Managing Director, Investment Banking, M&A Group
FBR Capital Markets Corporation
Mr. Peskoff has 12 years of M&A experience with total transactions valued at over $100 billion. Mr. Peskoff rejoined FBR in 2005 where he leads the Financial Institutions M&A group. Formerly, Mr. Peskoff was a general partner at a private equity fund. Prior to his employment at the private equity fund, Mr. Peskoff was a director at Credit Suisse First Boston’s Technology group. Prior to CSFB, Mr. Peskoff was in charge of private placements and M&A in emerging growth markets for UBS’ investment bank. Before UBS, Mr. Peskoff was a Vice President at FBR. Mr. Peskoff has a B.S. degree from the University of Southern California.
Greg Peterson is a partner with PricewaterhouseCoopers' Transaction Services Group. He has served notable private equity funds and corporate clients including The Carlyle Group, The Blackstone Group, Thomas H. Lee Partners, Clayton Dubilier & Rice, Investcorp and CSFB/DLJ Merchant Bank, leading diligence assignments and post merger engagements in a variety of industries.
He received his MBA from the University of Texas and his Bachelors from the University of Illinois.
Professor of Law
BA, New York University 1951; LLB Columbia Law School 1954
Sheehy Professor of Trade Regulation Law, Georgetown University Law Center; Of Counsel, Arnold & Porter, Washington, D.C.
Formerly held positions as Director, Bureau of Consumer Protection, Federal Trade Commission; Commissioner, Federal Trade Commission; Dean at Georgetown University Law Center; Professor of Law at New York University School of Law and Visiting Professor of Law, Harvard Law School; Columbia Law School, Chairman, Federal Trade Commission.
Co-author of Cases and Materials on Trade Regulation (with Harvey Goldschmid and Diane Wood), fifth edition 2003 and author of numerous books and articles on antitrust including Revitalizing Antitrust in its Second Century (1991, co-editor); Chapter 1 of Antitrust Stories (with Jon Baker): A Turning Point in Merger Enforcement (2007); Antitrust and Intellectual Property, Unresolved Issues at the Heart of the New Economy, 16 Berkeley Tech L.J. 535 (2001); Proposals for Revised U.S. Merger Enforcement in a Global Economy, 81 Geo. L. Rev. 195 (1992); New Definitions of Relevant Market and the Assault on Antitrust, 90 Colum. L.Rev. 1805 (1990); The Political Content of Antitrust, 127 U. Pa. L. Rev. 1051 (1979).
Member of the Council, Administrative Conference (1980-1981); Member of the Board of Governors, District of Columbia Bar Association (1981-1984); Member of the Council, Antitrust Section of the ABA (1986-1989); Chair, Defense Science Board Task Force on Antitrust Aspects of Defense Industry Downsizing, March 1994; and Fellow, American Academy of Arts and Sciences (2000-Present).
Senior Managing Director-General Counsel
Rachel Posner, Senior Managing Director and General Counsel, works with clients to help them obtain favorable shareholder vote results on proxy contests, shareholder proposals, compensation plans and other corporate governance matters.
Prior to joining Georgeson in 2008, Rachel was an associate at Fried, Frank, Harris, Shriver & Jacobson LLP in New York, where she advised Fortune 50 companies and others on proxy contests, mergers and acquisitions and corporate governance matters.
Rachel earned a BA in Religious Studies from Columbia University in 1999 and a JD from the Benjamin N. Cardozo School of Law in 2002.
Co-Managing Partner, Corporate and M&A Group
Nick Rees is Co-Managing Partner in Corporate and Mergers & Acquisitions at Linklaters in New York, New York.
He has experience as an International corporate lawyer specialising in cross-border mergers and acquisitions, corporate finance and privatizations. He has worked on notable assignments such as:
• Cross-border mergers and acquisitions, including Harbinger's proposed acquisition of a controlling interest in SkyTerra Communications and proposed offer by both for Inmarsat plc
• The disposal of Citibank Privatkunden GmbH to Credit Mutual S.A.
• The acquisition by Hastings Fund Management and JPMorgan Infrastructure Investment Funds of a US power generation portfolio from Black Hills Generation, Inc.
• Citibank's acquisition of Egg Banking plc from Prudential plc
• The Citibank/IBM/China Life/CITIC/State Grid consortium's acquisition of 86% of Guangdong Development Bank from the Guangdong Provincial Government in China
• Dow's acquisition of Wolff Walsrode from Bayer Chemicals AG
1981 - 1984: Wadham College, Oxford University, M.A. Law
JAMES D. ROSENER
James D. Rosener is a partner in the Commercial Department at Pepper Hamilton LLP. He heads the firm's International Practice Group, is managing partner of the New York office and is a past member of the firm's Executive Committee. His practice is devoted primarily to international transactions, mergers and acquisitions and corporate financing.
Mr. Rosener has represented domestic and foreign private equity funds in numerous transactions throughout the world, including platform and following acquisitions, distressed buyouts, including in bankruptcy, corporate carve-outs and restructurings. He also has represented U.S.-based companies in transactions throughout the European Community, Latin America, and in Switzerland and Asia, as well as several European, South American and Japanese companies in merger and acquisitions and licensing transactions with U.S. companies. In addition, he also has represented many management-led groups in the acquisition of businesses from divesting corporations.
Within the corporate financing practice area, Mr. Rosener has represented a number of issuers, domestic and foreign, in public offerings (both U.S. and foreign listings), venture and mezzanine capital raising, and traditional bank financing transactions. In addition, he has represented a number of issuers and bondholder groups in debt restructuring, recapitalization and work-out plans.
Mr. Rosener serves as general counsel to a number of U.S and foreign companies in a range of industries. As counsel, he serves corporations' day-to-day needs for legal advice in areas such as contract review, public reporting requirements and on-going commercial issues.
Mr. Rosener has represented:
• a U.S.-based private equity fund in numerous platform and add-on investments in a wide range of industries
• a major U.S. private equity group in acquisition of businesses through the bankruptcy process
• a U.K.-based management team in the leveraged-recapitalization of 58 affiliated businesses located in 32 countries financed by a private equity fund, a major European bank and a mezzanine debt provider
• a group of hedge funds in take-over and restructuring transactions
• a Channel Island-based trust in connection with multiple-control investments of technology and software businesses throughout the United States, Spain, Sweden, Thailand and England and many others.
Mr. Rosener worked in the corporate finance field for nine years before becoming a lawyer. His experience in senior financial positions included the initial and subsequent public offerings of equity and debt securities of a major international integrated oil producer and a health care company, the acquisition of several publicly held companies and the financing of several stand-alone projects.
Mr. Rosener is or has served as a member of several corporate and charitable boards of directors, including NCO Portfolio, Inc., Liberty Technologies, Inc., Liberty M.P. S.A.S. (a French-based joint venture company), Bonney Forge Corporation, Cedar Investments, Inc., CFM Partners, Inc., SePro Healthcare, Inc., and SePro (Delaware) Inc. He is president and a member of the board of directors of the National Association of Corporation Directors, Philadelphia Chapter, and the European American Chamber of Commerce - New York. He also is a director of the Philadelphia chapter of the Chambre de Commerce Franco-Americain, the Institute of French Culture at the University of Pennsylvania and the European-American Chamber of Commerce - Paris.
Mr. Rosener's charitable involvement includes directorships and advisory roles with the Metropolitan Mission Board of Philadelphia Presbytery, Head Start, Inc., the United Stated Tennis Association, Tennis Patrons Foundation and Lehigh University.
Mr. Rosener holds B.S., M.B.A. and J.D. degrees. He is a member of the bars of Pennsylvania, New Jersey and New York and is admitted to the U.S. District Courts for the Eastern District of Pennsylvania and the District of New Jersey and to the U.S. Court of Appeals for the Third Circuit. He has published numerous articles and lectures around the world frequently on business topics and issues.
Foley & Lardner LLP
Jay O. Rothman is a partner and a member of Foley & Lardner’s Management Committee. Mr. Rothman serves as the chair of the firm’s national Transactional & Securities Practice and practices primarily in the areas of mergers and acquisitions, securities law, takeover defense, and general corporate and business law. Among other transactions, he has structured and negotiated numerous acquisition transactions in various industries and has represented both underwriters and corporate issuers in various public offerings of both debt and equity securities. Mr. Rothman also regularly counsels publicly held companies regarding compliance matters under federal and state securities laws. He is also a member of the firm’s Energy Industry Team.
Mr. Rothman was among 113 attorneys nationwide who made The BTI Consulting Group’s coveted Client Services All Star Team for 2007 and one of only five attorneys recognized as a "Super All-Star" for being nominated by more than one client. This honor is bestowed upon individual attorneys who deliver outstanding client service according to corporate counsel interviewed at Fortune 1000 companies. Mr. Rothman was named to the Client Service All Star Team in 2005 as well. In addition, Mr. Rothman is listed in The Best Lawyers in America® (2005-08); Chambers USA: America's Leading Business Lawyers (2005-07); and Wisconsin Super Lawyers by Law & Politics Media, Inc. (2005-07) for his securities and corporate finance work.
Mr. Rothman is a member of the Milwaukee Bar Association, the State Bar of Wisconsin, and the American Bar Association. He is a frequent speaker on SEC compliance and corporate disclosure and governance matters.
Prior to joining Foley in 1986, Mr. Rothman served as a law clerk to the Hon. Harlington Wood, Jr., United States Court of Appeals for the Seventh Circuit. He graduated, cum laude, from Harvard Law School in 1985. He received his B.A., summa cum laude, from Marquette University in 1982, where he was elected to membership in Phi Beta Kappa.
Partner & Director of Tax Legislative Affairs - National Tax Office
Mel Schwarz is a Partner and the Director of Tax Legislative Affairs in Grant Thornton's National Tax Office. He is responsible for monitoring tax legislative activity for the firm, and serves as a technical resource on individual tax issues, depreciation, and the individual and corporate alternative minimum tax.
Mel has over 20 years of federal income tax experience, including six years on the staff of the Joint Committee on Taxation, where he provided analysis and technical assistance to the Senate Finance and House Ways and Means Committees and to other members of Congress in formulating federal tax legislation and policy. Mel has coordinated and actively participated in the national delivery of technical planning services to clients, focusing on the implementation and impact of recent legislation. He has successfully advocated client concerns regarding legislative and regulatory developments before Congress, Treasury and IRS officials.
Mel has extensive experience in a range of industries and has represented major companies in the public utility, retail, mining, manufacturing and consumer service sectors. He is a member of the Texas and American Institute of CPAs and serves on the Tax Legislation and Policy Committee of the AICPA.
Mel has given numerous speeches and presentations on technical and legislative matters before accounting, bar and other groups, including the Tax Section of the American Bar Association, the AICPA, the Tax Committees of the Tax Executives Institute and Financial Executives Institute. He as a J.D. from the University of Michigan, a Masters of Professional Accounting from the University of Texas and a Bachelors of Arts from Southern Methodist University.
ANDREW M. SENCHAK
Vice Chairman & President
Keefe Bruyette & Woods
Andrew Senchak has been with Keefe, Bruyette & Woods for more than 20 years and currently serves as Vice Chairman of KBW, Inc. and Keefe, Bruyette & Woods, Inc., and as President of KBW, Inc. He also is a member of the three-person Office of the Chairman and sits on the KBW Board of Directors.
Mr. Senchak’s primary responsibilities include oversight of KBW’s substantial Corporate Finance practice, which includes mergers & acquisitions, recapitalizations, restructurings and capital markets transactions. Under his leadership, KBW grew to become the largest M&A advisor in the banking industry (as measured by deal volume).
Prior to joining KBW’s Investment Banking department in 1985, Mr. Senchak taught economics at Rutgers University and spent two years in Brazil with the Peace Corps.
Mr. Senchak received a B.A. in liberal arts from Lafayette College and earned a Ph.D. in economics from Columbia University . He currently serves on the Board of the National September 11th Memorial & Museum as Treasurer, the Board of the Newark Academy and the Board of MacDowell Colony.
Joele Frank, Wilkinson, Brimmer Katcher
Matthew Sherman has more than 12 years of experience providing strategic corporate, financial and crisis communications counsel. He develops and implements targeted investor and media relations strategies for companies involved in corporate transactions and special situations, including negotiated mergers and acquisitions, unsolicited takeovers, shareholder activism, proxy contests and restructurings In 2007, Mr. Sherman was named to PR Week’s inaugural “40 Under 40” List.
Mr. Sherman has recently advised a number of companies facing hedge fund activists and proxy contests, including: Motorola (Carl Icahn), Charming Shoppes (Crescendo, Myca), Federal Signal (Warren Kanders), Coinstar (Shamrock), Sybase (Sandell), Panera Bread (Shamrock), Insituform (Water Asset Management), Datascope (Ramius), Oglebay Norton (Harbinger), Fair Isaac (Sandell), Luby’s (Ramius), Openwave Systems (Harbinger), Lexar Media (Elliott Associates, Carl Icahn), Yardville National Bank (Larry Seidman), The Topps Company (Crescendo, Pembridge), SCS Transportation (Ramius), Ashworth (Knightspoint), and Steve Madden (Barington).
Mr. Sherman has recently advised a number of companies involved in M&A transactions, including, among others: Vishay Intertechnology in its proposed acquisition of International Rectifier; Motorola in its planned separation into two independent publicly-traded companies; Cadence Design Systems in its proposed acquisition of Mentor Graphics; Bausch & Lomb in its sale to Warburg Pincus; CommScope in its acquisition of Andrew; Ventas in its acquisition of Sunrise Senior Living REIT; Triad Hospitals in its sale to Community Health Systems; Coeur d’Alene Mines in its acquisitions of Bolnisi Gold and Palmarejo Silver and Gold; K&F Industries in its sale to Meggitt PLC; and Jerry Moyes in his acquisition of Swift Transportation.
Other notable transactions include: Motorola in its acquisition of Symbol Technologies and the spin-off and public offering of Freescale Semiconductor; Aurora Capital Group in its acquisition of NuCo2; Macquarie-led consortiums in the acquisitions of Duquesne Light Holdings and Puget Energy; NovaGold in its successful defense against Barrick Gold’s unsolicited takeover; Jacuzzi Brands in its sale to Apollo Management; Sun Capital Group in its acquisition of Marsh Supermarkets; Stewart & Stevenson in its sale to Armor Holdings; Constellation Brands in its acquisitions of Robert Mondavi and Vincor International; Groupe Danone in its U.S. joint venture agreements with Coca-Cola and Suntory Limited and in its acquisition of Stonyfield Farms; Taubman Centers in its successful defense against an unsolicited takeover from Simon Property Group and Westfield America; Conoco in its merger with Phillips Petroleum; Chevron in its merger with Texaco; and General Mills in its acquisition of Pillsbury.
Previously, Mr. Sherman was a Vice President at Abernathy MacGregor Frank in the firm’s M&A and crisis communications practice. His clients included: Energy East in its acquisitions of Connecticut Energy, CMP Group and CTG Resources; Quickturn Design Systems in its successful defense against Mentor Graphics’ unsolicited takeover and subsequent sale to Cadence Design Systems; Key Energy and Nabors Industries in their successful unsolicited acquisitions in the energy industry; and Hilton Hotels in its proposed acquisition of ITT. Mr. Sherman also advised on the first public company merger and first proxy contest in Central Europe : Poland ’s Bank Handlowy w Warszawie SA’s proxy contest with the company’s largest shareholder, the Polish State Treasury.
Mr. Sherman received an M.B.A. from Columbia Business School and a B.A. in international relations and a B.A. in communications from the University of Pennsylvania.
DAVID J. SOLOMON
Co-Chief Executive Officer
Lazard Middle Market
Mr. Solomon has a distinguished track record in completing some of the largest and most complex transactions in the firm’s history on behalf of entrepreneurs, public and private companies, private equity groups, and sellers of small-cap public companies. Mr. Solomon is the head of the firm’s Specialty Retail and Direct Marketing Group, with particular expertise in multi-unit retail, franchise operations and catalog / Internet retailers.
Prior to joining Goldsmith Agio Helms (now Lazard Middle Market) in 1991, he was an officer with Northstar Industries, a national mergers and acquisitions firm where he specialized in corporate finance for direct marketing and consumer companies. Mr. Solomon also has extensive experience in structuring private placements of senior and subordinated debt, equity placements, recapitalizations and valuations.
Previously, Mr. Solomon spent 13 years as a real estate professional, primarily developing retail shopping centers and mixed-use projects in Minneapolis, MN. He brings this wealth of retail experience to bear in his M&A role today.
He earned both a bachelor of arts and a master’s degree from Yale University, graduating magna cum laude. He received his master of business administration with a concentration in finance from the Carlson School at the University of Minnesota, graduating in the Delta Gamma Sigma honors society.
Editor in Chief
Robert Teitelman is editor in chief of The Deal LLC. As a member of the company's Executive Committee, Teitelman is responsible for the editorial operations of The Deal's print and electronic products. Teitelman has more than 20 years experience in financial journalism.
Teitelman joined The Deal in December 1998 from Institutional Investor, where he had worked since 1989. He began as assistant managing editor and was promoted to managing editor before becoming the editor of Institutional Investor in 1997. While at Institutional Investor, Teitelman also wrote news and feature articles on companies, including American Express, Lazard Freres and Banc One, and received awards from the Deadline Club and the American Society of Business Press Editors. Teitelman also worked as a writer and editor for Forbes and Financial World. In addition, he is the author of two books, "Profits of Science: The American Marriage of Business and Technology" and "Gene Dreams: Wall Street, Academia and the Rise of Biotechnology."
Teitelman is a graduate of the College of William and Mary and Columbia University.
DAVID C. TURNER
Managing Director, Head of Private Equity
David Turner is a Managing Director and Head of Guardian’s Private Equity team. He has over 25 years of experience in private equity and portfolio management. David has made over 60 private equity investments totaling over $4B in committed capital and managed portfolios totaling over $17B in cumulative commitments.
Prior to joining Guardian in June 2007, David was CEO and CIO of the Private Equity Group at WestLB Mellon Asset Management. He was also Director of the Alternative Investments Division and Senior Portfolio Manager for the State of Michigan Retirement System's Alternative Investment Division.
David holds a B.A. from SUNY.
Drum Capital Management
Scott E. Vollmer (44) is the founder and Chief Executive Officer of Drum Capital Management LLC and chairman of Drum Capital's Investment Committee. Since 1986, he has invested over $3.9 billion in distressed, turnarounds, recapitalizations, restructuring, factoring and other "deep value" asset-based investing. Mr. Vollmer founded Drum Capital is April, 2005, as he and his credit team manage several dedicated distressed & turnaround fund-of-funds, with approximately $1.1 billion in assets under management. Prior to founding Drum Capital in 2005, Mr. Vollmer was a Partner at Pacific Corporate Group, responsible for discretionary partnership asset management. Prior to that, Mr. Vollmer was a Managing Director at the Commonfund Asset Management Company, Inc., with responsibilities for the management and oversight of credit strategies; distressed debt, mezzanine, leveraged finance and non-investment grade fixed-income strategies. While at Commonfund, Mr. Vollmer created and structured the first-ever distressed debt fund of funds, Distressed Debt Partners LP. Prior to Commonfund, Mr. Vollmer had worked at Lehman Brothers and GE Investment Management within asset based securitizations, turnarounds, non-performing loans and leveraged finance. Mr. Vollmer received his B.S. in Finance from Villanova University, is a member of the Turnaround Management Association and sits on numerous advisory and valuation committees, including, Oaktree Capital Mgmt., Avenue Capital, MHR, Wayzata Capital Management and The Blackstone Group.
M&A Outlook 2009 provides a unique opportunity to position yourself and/or your firm as thought leaders in M&A in a face-to-face environment with the dealmaking professionals shaping the industry in 2009 and beyond. To be considered for a speaking role, please send your information to:
Program Development Manager, The Deal's Events