Gabriel de Alba is a Managing Director and Partner of Catalyst. As one of Catalyst’s representatives, Mr. de Alba is the Executive Chairman and a Director of the Company. Mr. de Alba’s responsibilities at Catalyst have included acting as a director or senior officer of various Catalyst portfolio companies, including Natural Markets Restaurants Corp., World Color Press Inc., Therapure Biopharma Inc., Cable Satisfaction International Inc./Cabovisão, Richtree Market Restaurants Inc. and Sonar Entertainment Inc. Catalyst and funds managed by it have, since 2002, been involved in numerous distressed and/or under-valued situations including (in addition to the portfolio companies previously referred to) AT&T Canada, Call-Net Inc., Stelco Inc., IMAX Corporation, Countryside Power Income Fund, Canwest, Callidus Capital Corporation and YRC Worldwide Inc. Mr. de Alba was a founding member of the Bank of America International Merchant Banking Group and, prior to that, worked in Bankers Trust’s New York Merchant Banking Group. Mr. de Alba is fluent in five languages and holds a double B.S. in Finance and Economics from the NYU Stern School of Business, an M.B.A. from Columbia University and has completed graduate courses in Mathematics, Information Technology and Computer Sciences at Harvard University.
Michael C. Burns is a Director of the Company. He serves on the boards of Sentinel Strategies Ltd., NaiKun Wind Energy Group Inc., Pacific Destinations Services Ltd., WGI Heavy Minerals Inc., Securex Financial Ltd. and Advanced Applied Physics Solutions Corp. His previous directorships include Atomic Energy Canada Ltd., Lumira Capital and MDS Capital Inc. Mr. Burns holds a B.A. in Economics from the University of Manitoba. The services of Mr. Burns are provided to the Company through an agreement with Sentinel Strategies Ltd.
Todd Gerch is as a Director of the Company. Mr. Gerch is a Managing Director of TCP, a multi-strategy alternative investment management firm located in Santa Monica, California where he has been employed since 2004. Mr. Gerch also serves as Chief Operating Officer of TCP Capital Corp., a publicly-traded business development company. Prior to joining TCP, Mr. Gerch worked at Ares Management, LLC, a private equity and leveraged finance investment management firm, and in the investment banking division of Credit Suisse First Boston. Mr. Gerch also serves as Chairman of Revere Industries, LLC. Mr. Gerch received his M.B.A. from the Wharton School of the University of Pennsylvania and his B.B.A. (Magna Cum Laude) in Finance from the University of Notre Dame.
Newton Glassman is the Founder, acting Chief Executive Officer and Managing Partner of Catalyst. Among his other duties with Catalyst, Mr. Glassman is, as a representative of Catalyst, a Director of the Company. Mr. Glassman was formerly a Director of FrontPoint Partners, LLC and Hollinger Inc. He also serves, or has formerly served, as a director or senior officer of various Catalyst portfolio companies, including, Cable Satisfaction International Inc. Cabovisão, Snowbear Limited, Solarbear Company, Blackrock Trailers Corp., Natural Markets Restaurants Corp, Callidus Capital Corporation and Therapure Biopharma Inc. Mr. Glassman was previously a Managing Director at Cerberus Capital Management LP where he was involved in several Canadian restructurings, including Loewen Inc., Livent Corporation of Canada, Inc., Philip Services Corporation, GST Telecommunications, Inc., Pacifica Papers, Inc. and AT&T Canada Inc. Catalyst and funds managed by it have, since 2002, been involved in numerous distressed and or under-valued situations including those noted above in respect of the biography of Mr. de Alba. Mr. Glassman holds an M.B.A from the Wharton School of the University of Pennsylvania, a law degree from the University of Toronto and an undergraduate degree from the University of Toronto.