Mr. Stockman is the founding partner of Heartland Industrial Partners. He was formerly a
senior managing director of The Blackstone Group. Prior to joining Blackstone, Mr. Stockman
was a managing director at Salomon Brothers, Inc. He served as the director of the Office
of Management and Budget in the Reagan administration and was the youngest Cabinet
member of the twentieth century. From 1976 to 1981, Mr. Stockman represented
Michigan in the House of Representatives.