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DAN ALMAGOR, Chairman of the Board
Mr. Almagor was appointed Chairman of the Board in January 2013. He has served as a director since November 2009, and is a consultant and private investor. He recently served on the Board of Directors of JAKKS Pacific, Inc., a publicly traded multi-line, multi-brand toy company, and was the Chairman of its Audit Committee, Chairman of its Governance and Nominating committee and a member of its Compensation Committee. From 1999 to 2005, Mr. Almagor was the Chairman and CEO of ACG International, a $3 billion private equity fund and affiliate of Bank One, where he was involved in formulating deal terms for investments and in the sourcing of high quality investment opportunities. From 1996 to 1998, he was the Chairman and Chief Executive Officer for ID B.V. From 1993 to 1996, he was the President and Chief Executive Officer for Kushi Foods, a position he accepted after being Managing Partner and Director for American Consulting from 1989 to 1993. At American Consulting he was responsible for business strategy and served as advisor to Fortune 1000 boards. Prior to 1989 Mr. Almagor held high level positions with RJR Nabisco, General Kinetics and Peelle. Mr. Almagor has also authored "Business Visions, A Practical Guide for Strategic Decisions and Shareholder Value Creation." Mr. Almagor received a B.S. in mechanical and industrial engineering from SUNY.
JASON MACARI, President and CEO
Mr. Macari has been Summer Infant's Chief Executive Officer and a director since March 2007. He was chairman of the Company from March 2007 until January 2013. Prior to March 2007, Mr. Macari was Chief Executive Officer and founder of the predecessor company to Summer Infant, Inc., which he founded in 2001. Before that time, Mr. Macari was vice president of product development and general manager of Safety 1st, Inc., a manufacturer of safety and juvenile products from August 1994 to June 2001. From May 1988 to August 1994, Mr. Macari managed the manufacturing engineering group of the Davol Division of CR Bard, a manufacturer of surgical products. Mr. Macari has served on the board of the Juvenile Products Manufacturers Association (JPMA) as Treasurer, Assistant Chairman, and Chairman, and currently supports the board as Immediate Past Chair and Member of the Board. Mr. Macari received his B.S. in Mechanical Engineering from Worcester Polytechnic Institute and his MBA from Bryant University.
MAX BATZER, Director
Max Batzer became a member of the Board of Directors of Summer Infant in November 2012. Mr. Batzer has served as a Portfolio Manager at Wynnefield Capital, Inc since 1999. Prior to joining the firm, he was Chairman of the Board and CEO of Diagnostic Health Services since 1991. Mr. Batzer was a director at Cornell Companies and served on the Board's Governance and Nominating Committee from 2007 and as Chair of its Transaction Committee from its inception until the company was acquired by The Geo Group (NYSE: GEO) in 2010. From 1981 until 1988, he was director and executive committee member of Simmons Airlines, Inc., a publicly traded regional airline. From 1981 through 1991, Mr. Batzer was President of General Hide and Skin Corporation, a worldwide commodity trading organization. Mr. Batzer obtained an M.B.A. from the University of Arizona and a B.S. from the Wharton School at the University of Pennsylvania.
CAROL BRAMSON, Director
Carol Bramson is Managing Director of 212 Equity Management, LLC, a private investment firm that she founded in 2010.
She brings to the Board of Directors over 20 years of experience working with early stage and middle market companies
in a variety of industries. Her private equity experience began in 1988 with Essex Venture Partners (now Essex Woodlands Health Ventures),
a venture capital firm founded in Chicago, IL, with a focus on early stage investments in the health care industry,
and eventually joined Banc One Equity Capital (formerly First Chicago Equity Capital) in 1992, where she became a Partner
with responsibility for all phases of the investment process. In addition to direct equity investments, Carol has provided on-going industry,
financial, and strategic advisory services to several leading organizations in the specialty chemicals and personal care ingredients arenas.
Ms. Bramson holds a B.S. in Finance (with honors) from DePaul University and an MBA from The University of Chicago.
MARTIN FOGELMAN, Director
Martin Fogelman became a member of Summer Infant's Board of Directors upon
consummation of the acquisition. Since April 2003, Mr. Fogelman has been an
independent consultant to the baby products industry. From 1983 to March 2003,
he was Senior Vice President and General Merchandise Manager of both Toys R Us,
a leading retailer of children's toys, and Babies R Us juvenile products
division, a leading retailer of products for infants and toddlers. Mr. Fogelman
is a graduate of the University of Buffalo.
DERIAL SANDERS, Director
Derial Sanders was a longtime employee of Graco Children's Products, Inc., most
recently serving as President and COO. He was instrumental in the growth of the
company up until the time of his departure in 2001. Mr. Sanders helped Graco
achieve this growth via strategic domestic sales initiatives, international
expansion, and the addition of several key new product categories. In addition,
Mr. Sanders also saw the company through several acquisitions, the last of which
was by its current holder, Rubbermaid, in 1996, which became Newell Rubbermaid
in 1998. After his departure from Graco in 2001, Mr. Sanders founded Precept
Marketing Group which he sold in 2008. He is currently a consultant to both
Precept Marketing Group and Frontline Placement Technologies. Mr. Sanders
received a B.S. in marketing and commerce from Rider University.
ROBERT STEBENNE, Director
Robert Stebenne became a member of Summer Infant's Board of Directors upon
consummation of the acquisition and was appointed the new lead independent
director in October 2008. Mr. Stebenne currently owns and managers Bob Stebenne
Associates, a firm that provides consulting services in the areas of brand
development, product development and strategic planning, among other areas. From
February 1999 to July 2002, Mr. Stebenne was the President of New Business
Development for Hasbro Industries. From 1991 to January 1999, he was President
of Hasbro's FOB/LC division, where he created a U.S. marketing, sales, product
development, finance and logistics group. From 1982 to 1991, he was President of
Hasbro's Playskool Baby division. Mr. Stebenne received a B.A. from Roger
Williams University.
RICHARD WENZ, Director
Richard Wenz became a member of Summer Infant's Board of Directors upon
consummation of the acquisition. Mr. Wenz is a consultant and private investor
and currently serves on the Board of Directors of Hunter Fan Company and Easton
Bell Sports, Inc. From October 2000 to July 2003 Mr. Wenz was an operating
partner/affiliate of DB Capital Partners, the private equity arm of Deutsche
Bank A.G. and served on the Board of Directors of a number of portfolio
companies, including NewRoads, Inc. and Jenny Craig International. Mr. Wenz also
served as Chief Executive Officer of Jenny Craig International from March 2002
to January 2003. Mr. Wenz was President and Chief Operating Officer of Safety
1st, from February 1997 to May 2000. During 1995 and 1996, Mr. Wenz was the
partner in charge of the Chicago office with The Lucas Group, a business
strategy consulting firm. Prior to 1995 Mr. Wenz held senior executive positions
with Wilson Sporting Goods Co., Electrolux Corporation, The Regina Company and
Professional Golf Corporation. Mr. Wenz began his career in 1971 with Arthur
Young & Company (predecessor of Ernst & Young) and left the firm as a partner in
1983. Mr. Wenz is a certified public accountant and received a B.S. in
accounting from Northern Illinois University.
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