Michael J Arougheti. Mr. Arougheti is a Co-Founder of Ares and a Director and
the President of Ares Management GP LLC, Ares general partner. He is a Partner
in the Ares Credit Group and a member of the Management Committee. He also serves
as Co-Chairman of ARCC and as a director of ACRE. Mr. Arougheti also is a member
of the Ares Credit Group’s Direct Lending Investment Committees. Prior to
joining Ares in 2004, Mr. Arougheti was employed by Royal Bank of Canada from
2001 to 2004, where he was a Managing Partner of the Principal Finance Group of
RBC Capital Partners and a member of the firms Mezzanine Investment Committee.
Mr. Arougheti oversaw an investment team that originated, managed and monitored
a diverse portfolio of middle-market leveraged loans, senior and junior subordinated
debt, preferred equity and common stock and warrants on behalf of RBC and other
third-party institutional investors. Mr. Arougheti joined Royal Bank of Canada
in October 2001 from Indosuez Capital, where he was a Principal and an Investment
Committee member, responsible for originating, structuring and executing leveraged
transactions across a broad range of products and asset classes. Prior to joining
Indosuez in 1994, Mr. Arougheti worked at Kidder, Peabody & Co., where he
was a member of the firms Mergers and Acquisitions Group. Mr. Arougheti also
serves on the boards of directors of Investor Group Services, Riverspace Arts,
a not-for-profit arts organization and Operation Hope, a not-for-profit organization
focused on expanding economic opportunity in underserved communities through economic
education and empowerment. Mr. Arougheti received a B.A. in Ethics, Politics and
Economics, cum laude, from Yale University.
Mr. Arougheti’s knowledge of and extensive experience in investment management,
leveraged finance and financial services gives the board of directors valuable
industry-specific knowledge and expertise on these and other matters and, in
addition to his service as a director of other public companies, position him
well to service on the board of directors.
David B. Kaplan. Mr. Kaplan is a Co-Founder of Ares and a Director and Partner
of Ares Management GP LLC, Ares’ general partner. He is a Partner of Ares
and Co-Head of its Private Equity Group and a member of the Management Committee.
He additionally serves on several of the investment committees for certain funds
managed by the Private Equity Group. Mr. Kaplan joined Ares in 2003 from Shelter
Capital Partners, LLC, where he was a Senior Principal from June 2000 to April
2003. From 1991 through 2000, Mr. Kaplan was affiliated with, and a Senior Partner
of, Apollo Management, L.P. and its affiliates, during which time he completed
multiple private equity investments from origination through exit. Prior to
Apollo Management, L.P., Mr. Kaplan was a member of the Investment Banking Department
at Donaldson, Lufkin & Jenrette Securities Corp. Mr. Kaplan currently serves
as Chairman of the Boards of Directors of the parent entities of Neiman Marcus
Group, Inc. and Smart & Final, Inc. and as a member of the Boards of Directors
of 99 Cents Only Stores LLC, ATD Corporation, the parent entity of Floor and
Decor Outlets of America, Inc. and of Guitar Center Holdings, Inc. Mr. Kaplan’s
previous public company Board of Directors experience includes Maidenform Brands,
Inc. where he served as the company’s Chairman, GNC Holdings, Inc., Dominick’s
Supermarkets, Inc., Stream Global Services, Inc., Orchard Supply Hardware Stores
Corporation and Allied Waste Industries Inc. Mr. Kaplan also serves on the Board
of Directors of Cedars-Sinai Medical Center, is a Trustee of the Center for
Early Education and serves on the President’s Advisory Group of the University
of Michigan. Mr. Kaplan graduated with High Distinction, Beta Gamma Sigma, from
the University of Michigan, School of Business Administration with a B.B.A.
concentrating in Finance.
Mr. Kaplan’s knowledge of and extensive experience with leveraged finance,
acquisitions and private equity investments, in addition to his service as a
director of other public and private companies, position him well to service
on the board of directors.
John H. Kissick. Mr. Kissick is a Co-Founder of Ares and a Director and Partner
of Ares’ general partner. He serves on Ares Management Committee and
is a Partner of Ares in the Corporate Strategy and Relationship Management Group.
Mr. Kissick is a member of the Investment Committees of the Ares Credit Group
and certain funds in the Ares Private Equity Group. Prior to joining Ares in
1997, Mr. Kissick was a co-founder of Apollo Management, L.P. in 1990. Mr. Kissick
oversaw and led the capital markets activities of Apollo Management, L.P. from
1990 until 1997, particularly focusing on high yield bonds, leveraged loans,
distressed debt and other fixed income assets. Prior to 1990, Mr. Kissick served
as a Senior Executive Vice President of Drexel Burnham Lambert Inc., where he
began in 1975, eventually heading its Corporate Finance Department. Mr. Kissick
also serves on the Board of Directors of City Ventures LLC and on the boards
of the Cedars-Sinai Medical Center in Los Angeles, the Stanford University Athletic
Department and its Graduate School of Education, and L.A.’s Promise which
helps economically disadvantaged children graduate from high school through
a variety of mentoring and other programs. Mr. Kissick graduated from Yale University
with a B.A. in Economics and with highest honors from the Stanford Business
School with a M.B.A. in Finance.
Mr. Kissick’s experience in leadership positions, corporate governance
and finance, in addition to his extensive service as a director of other companies,
makes him well qualified to serve as a director on the board of directors.
Antony P. Ressler. Mr. Ressler is a Co-Founder of Ares and the Chairman and
Chief Executive Officer of Ares Management GP LLC, Ares’ general partner.
He is a Partner in Ares Private Equity Group and serves as Chairman of the Management
Committee. Mr. Ressler also serves as a member of the Investment Committees
of certain funds managed by the Ares Private Equity Group and certain funds
managed by the Ares Credit Group. Mr. Ressler has been with Ares Management
since its founding in 1997. Mr. Ressler previously served on the Boards of Directors
of Ares Capital Corporation and Air Lease Corporation. Since June 2015, Mr.
Ressler has served as the Principal Owner and Chair of the Atlanta Hawks Basketball
Club. In the not for profit sector, Mr. Ressler is a member of the Board of
Directors of Cedars-Sinai Medical Center, is Co-Chair of the Los Angeles County
Museum of Art (LACMA) Board of Trustees and a member of the Board of Trustees
of Georgetown University. Mr. Ressler is also one of the founding Board members
and Finance Co-Chair of the Painted Turtle Camp, a southern California based
organization (affiliated with Paul Newman’s Hole in the Wall Association),
which was created to serve children dealing with chronic and life threatening
illnesses by creating memorable, old-fashioned camping experiences. Mr. Ressler
received his B.S.F.S. from Georgetown University’s School of Foreign Service
and received his M.B.A. from Columbia University’s Graduate School of
Business.
Mr. Ressler’s intimate knowledge of the business and operations of Ares
Management, L.P., his extensive experience in the financial industry and as
a partner in investments firms and his service as a director of other public
companies provides industry-specific knowledge and expertise to the board of
directors.
Bennett Rosenthal. Mr. Rosenthal is a Co-Founder of Ares and a Director and
Partner of Ares Management GP LLC, Ares’ general partner. He is a Partner
of Ares and Co-Head of its Private Equity Group and a member of the Management
Committee. Mr. Rosenthal additionally serves as the Co-Chairman of the Board
of Directors of ARCC. Mr. Rosenthal also is a member of the Investment Committees
of Ares Capital Management LLC, certain funds managed by the Ares Private Equity
Group and certain funds managed by the Ares Credit Group. Mr. Rosenthal joined
Ares in 1998 from Merrill Lynch & Co. where he served as a Managing Director
in the Global Leveraged Finance Group. He currently serves on the Boards of
Directors of City Ventures, LLC, Jacuzzi Brands Corporation, Nortek, Inc., True
Company LLC and the parent entities of National Veterinary Associates, Inc.,
CHG Healthcare Holdings L.P., CPG International Inc., Serta International Holdco
LLC and Simmons Bedding Company, and other private companies. Mr. Rosenthals
previous board of directors experience includes Aspen Dental Management, Inc.,
Hanger, Inc. and Maidenform Brands, Inc. Mr. Rosenthal also serves on the Board
of Trustees of the Windward School in Los Angeles, and on the Graduate Executive
Board of the Wharton School of Business. Mr. Rosenthal graduated summa cum laude
with a B.S. in Economics from the University of Pennsylvanias Wharton School
of Business where he also received his M.B.A. with distinction.
Mr. Rosenthal’s knowledge of and extensive experience with leveraged
finance, acquisitions and direct lending and equity investments, in addition
to his service as a director of other public and private companies, position
him well to service on the board of directors.
Paul G. Joubert. Mr. Joubert is the Founding Partner of EdgeAdvisors, a privately
held management consulting organization founded in July 2008 and has been a
Venture Partner in Converge Venture Partners since March 2014. From 1971 until
July 2008, Mr. Joubert held various positions at ,
or PWC, an international consulting and accounting firm. During his tenure at
PWC, Mr. Joubert served as a Partner in the firm’s Assurance practice
and led its Technology, InfoCom and Entertainment practice for the Northeast
region of the United States. Prior to that, he served as Partner-in-Charge of
PWC’s Northeast Middle Market Group and Chief of Staff to the Vice-Chairman
of PWC’s domestic operations. From May 2009 to September 2010, Mr. Joubert
served on the Board of Directors of Phaseforward, a publicly traded company
that was acquired by Oracle in the fall of 2010. Mr. Joubert also served on
the Board of Directors and as the Audit Committee Chairman of Stream Global
Services Inc. from July 2008 until March 2014, when it was acquired by Convergys
Corporation. He served on the Board of Directors and as the Audit Committee
Chairman for ACRE from April 2012 until June 2014. He has also been involved
with a number of professional organizations and other institutions, including
the Boston Museum of Science, the National Association of Corporate Directors,
the Massachusetts Innovation and Technology Exchange, as a director, Sandwich
Beaches, as a trustee, the Northeastern University Entrepreneurship Program
and the American Institute for Certified Public Accountants. Mr. Joubert received
a B.A. from Northeastern University.
Mr. Joubert’s long and varied business career and valuable knowledge,
insight and experience in financial and accounting matters positions him well
for service on the board of directors.
Michael Lynton. Mr. Lynton is Chief Executive Officer of Sony Entertainment,
overseeing Sony’s global entertainment businesses, including Sony Music
Entertainment, Sony/ATV Music Publishing and Sony Pictures Entertainment. Lynton
is also Chairman and CEO of Sony Pictures Entertainment and manages the studio’s
overall global operations, which include motion picture, television and digital
content production and distribution, home entertainment acquisition and distribution,
operation of studio facilities, and the development of new entertainment products,
services and technologies. Prior to joining Sony Pictures, Lynton worked for
Time Warner and served as CEO of AOL Europe, President of AOL International
and President of Time Warner International. From 1996 to 2000, Mr. Lynton served
as Chairman and CEO of Pearson plc’s Penguin Group. Mr. Lynton joined
The Walt Disney Company in 1987 and started Disney Publishing. From 1992 to
1996, he served as President of Disney’s Hollywood Pictures. Mr. Lynton
currently serves on the Board of Snapchat Inc. Mr. Lynton is also a member on
the Council on Foreign Relations and the Harvard Board of Overseers and serves
on the boards of the Los Angeles County Museum of Art, the USC School of Cinematic
Arts and the Rand Corporation. Mr. Lynton holds a B.A. in History and Literature
from Harvard College where he also received his M.B.A.
Mr. Lynton’s knowledge and extensive business experience, on a global
scale, make him well qualified to serve as a director on the board of directors.
Dr. Judy D. Olian. Dr. Olian is the dean of UCLA Anderson School of Management
and the John E. Anderson Chair in Management. Her business expertise centers
on aligning organizations’ design with market opportunities, developing
strategically coherent human resource systems and incentives, and managing top
management teams. She began her appointment in 2006 after serving as dean and
professor of management at the Smeal College of Business Administration at the
Pennsylvania State University. Earlier, she served in various faculty and executive
roles at the University of Maryland and its Robert H. Smith School of Business.
Dr. Olian serves on various advisory boards including Beijing University’s
Guanghua School of Business, the U.S. Studies Centre at the University of Sydney,
Catalyst, a global think tank for women in business, and Westwood Technology
Transfer and is Chairman of the Loeb Awards for Business Journalism. Dr. Olian
also serves on the Board of Directors of United Therapeutics Corporation. Dr.
Olian received her B.S. in Psychology from the Hebrew University, Jerusalem
and her M.S. and Ph.D. in Industrial Relations from the University of Wisconsin,
Madison.
Dr. Olian’s knowledge and business expertise in management, in addition
to her service on various advisory boards, position her well to service on the
board of directors.
Michael R. McFerran. Mr. McFerran is Executive Vice President, Chief Financial
Officer and Treasurer of Ares Management GP LLC, Ares general partner, and
a member of the Management Committee of Ares Management. Prior to joining Ares
in March 2015, Mr. McFerran was a Managing Director at KKR where he was Chief
Financial Officer of KKR’s credit business and Chief Operating Officer
and Chief Financial Officer of KKR Financial Holdings LLC. Prior to joining
KKR, Mr. McFerran spent the majority of his career at Ernst & Young LLP
where he was a senior manager in their financial services industry practice.
Mr. McFerran also held vice president roles at XL Capital Ltd. and American
Express. Mr. McFerran holds an M.B.A. from the Haas School of Business at U.C.
Berkeley and a B.S. in Business Administration from San Francisco State University.
Michael D. Weiner. Mr. Weiner is Executive Vice President and Chief Legal Officer
of Ares Management GP LLC, Ares general partner, and a member of the Management
Committee of Ares Management. Mr. Weiner has been an officer of Ares Capital
Corporation since 2006, including General Counsel from September 2006 to January
2010, and also serves as Vice President of Ares Commercial Real Estate Corporation
and Vice President of Ares Dynamic Credit Allocation Fund, Inc., a NYSE-listed,
closed end fund managed by an affiliate of Ares Management. Mr. Weiner joined
Ares in September 2006. Previously, Mr. Weiner served as General Counsel to
Apollo Management L.P. and had been an officer of the corporate general partners
of Apollo since 1992. Prior to joining Apollo, Mr. Weiner was a partner in the
law firm of Morgan, Lewis & Bockius specializing in corporate and alternative
financing transactions and securities law, as well as general partnership, corporate
and regulatory matters. Mr. Weiner has served on the boards of directors of
several public and private corporations. Mr. Weiner also serves on the Board
of Governors of Cedars Sinai Medical Center in Los Angeles. Mr. Weiner graduated
with a B.S. in Business and Finance from the University of California at Berkeley
and a J.D. from the University of Santa Clara.
Ares Management Corporation currently has 4250 employees.
