+ In 2007, completed a very successful 15-year career as a sell-side analyst, working most recently for Merrill Lynch. In this role, issued recommendations on 30 gaming, lodging and leisure companies and monitored other private and public firms in the consumer discretionary and real estate categories. + Can identify entry/exit points for multi-year investments over the hospitality industry’s capital cycles by focusing on industry specific supply/demand metrics and macro variables. Company research focuses on how executives strategically position assets and the resulting changes in returns on capital versus the costs of capital. Interaction with counterparts in high yield and structured finance aid in the derivation of the cost of capital. + From 1997 to 2006 was annually ranked as one of the top three analysts covering the gaming and lodging industries by Institutional Investor Magazine’s investor survey. Also in 2006, ranked as the second best analyst following leisure companies. Identified in the Wall Street Journal’s Best on the Street Survey for five years.+ Consistently ranked in the top 10% of domestic analysts by the Merrill Lynch institutional sales force. Very successful at conveying complex ideas in a straightforward manner through group or one-on-one meetings and written reports resulting in client action. + Trained and managed a team of four high-performance professionals. Training ranged from technical, to improving communication skills, to career development.