James A. Carmack / 38 Years
Experience
In 1964, joined a regional NYSE member firm to develop a program for the analysis of
investment management firms and to provide the knowledge acquired to fund sponsor clients
as an investment management consultant. In 1967, became an allied member of the NYSE. In
1970, formed the Investment Management Consulting Department at Seidler, Arnett &
Spillane, Los Angeles, CA. Joined DeMarche Associates in 1978, and formed The Carmack
Group, Inc. in 1983. Specializes in the design of fund investment structure; manager
selection; manager evaluation; portfolio analysis. Office in Alhambra,
CA.
Michael C. Carey / 31 Years
Experience
Started in the securities industry as securities analyst for Kent Research &
Management (1965-1971), then joined Stein Roe & Farnham (1971-1996) where he managed
institutional portfolios for plan sponsors. Became Co-Chief Investment Officer of the
Stein Roe & Farnham Capital Group. Specializes in portfolio structure. Offices in
Keystone, CO and Scottsdale, AZ.
Thomas Courtney CFA / 40 Yrs Experience
Served as Senior Vice President, Finance, at Peninsular Insurance Co. (1962-68), Senior VP
and Director of MacKay-Shields Financial (1968-1970), President and CIO of The Boston
Company Institutional Investors, Inc (1970-1975), President and CIO of Federated
Investors, Inc. (1975-1983), and since 1983 an independent consultant for Courtney
Associates, Inc. Specializes in Portfolio Management, esp. venture capital. Offices in
Naples, FL and Pittsburgh, PA.
Robert Simmons / 38 Years Experience
Since 1965, has concentrated exclusively on the management of options on marketable
securities, and has worked as a managed option specialist for Hambrecht & Quist,
Mitchum Jones & Templeton, and Sutro and Company. Office in Newport Beach, CA.
Donald
R. Schort / 23 Years Experience
Executive Vice President and CFO of
Neutrogena Corporation (1996-2002), Senior Vice President and CFO of DAK
Industries, Inc. (1992-1996), Senior Vice President and CFO of Ducommun Inc.
(1988-1991), Acting Senior Vice President and CFO of Majestic Wine Corporation
(1987-1998), Vice President and Treasurer of Lear Siegler, Inc. (1979-1987), and
former Vice President of Bank of America.
Additionally, there are three other very senior and experienced individuals who may not be generally available. However, they will consider assisting in special situations which would be of particular interest to them personally.