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MARTIN L. BERMAN, CHAIRMAN

Mr. Berman is a founder and Principal of Palisade Capital, and member of the Investment Policy Committee. In 1970, Mr. Berman joined Burnham & Co. and was later named a Managing Director. In 1981 he founded Broad Street Investment Management. From 1990 until the formation of Palisade Capital in 1995, Mr. Berman was a Senior Managing Director at Smith Barney. Mr. Berman is a graduate of Syracuse University and sponsors a guest lecture series at Syracuse's Graduate School of Business.