Herbert Winokur has over 20 years' private equity investment experience as Founder, Chairman and Chief Executive Officer of Capricorn Holdings, Inc., since 1987. Mr. Winokur has also served as Senior Executive Vice President, a member of the Office of the President, and a Director of Penn Central Corporation executing multiple restructuring efforts and divestitures. Mr. Winokur held senior management positions at Pacific Holding Corporation, where he completed over $8 billion in transactions (privately owned by David H. Murdock), and The Palmieri Company. He also worked in the Office of the Secretary of Defense. Mr. Winokur has been a director on a number of public and private Company Boards. Mr. Winokur holds A.B., A.M. and Ph.D. degrees from Harvard University and served as a member of the Harvard Corporation and a director of the Harvard Management Company.