Wilbert F. Schwartz Wilbert F. Schwartz has served as a Managing Director of Source Companies, LLC since 1995. He has extensive middle market corporate finance experience and senior level business experience, much of which involves leading companies through rapid and radical change. From 1994 to 2000, Mr. Schwartz also served as the insurance industry's Trustee in the liquidation of two major life insurance companies: the Executive Life Insurance Company of California and Confederation Life-US. From 1999 to 2004 he served as a family business advisor to Neyer Companies, a fifth-generation real estate development business located in Cincinnati, Ohio. Since 1999, he has been a Trustee of Cincinnati Works, Inc., where he is Chairman of the Investment Committee and Chairman of the Endowment Committee. He has been a Member of the Board of Advisors of Business Information Solutions (BIS) since 2000. BIS is a data management and record storage company in Greater Cincinnati. In 2005 and 2006, he headed the effort to renovate and open the Sheraton Cincinnati North. He also managed all aspects of the sale of the property and business to another investor group. Previously he was President, CEO and Board Member of Grubb & Ellis (NYSE, GBE), the largest publicly traded real estate firm. Prior to that position, Mr. Schwartz was a senior officer of the Prudential Insurance Company of America. While at Prudential, he served as the Chief Strategy Officer, led Prudential's $340 million acquisition of Merrill Lynch's residential real estate service assets, and built and ran two startup business units: Prudential Capital Corporation, a merchant bank, and Prudential Real Estate Affiliates, the franchiser of a network of more than 500 independent companies. He began his career with IBM, where he held a number of marketing, sales management, and product management positions. During much of his career with Prudential, Mr. Schwartz specialized in the financial advisory and corporate finance needs of medium-sized companies. In 1981, he was one of the co-founders of Prudential Capital Corporation which, during Mr. Schwartz's involvement, participated in over two thousand private placements, mergers, acquisitions, leveraged buyouts, and project financings for closely held, medium-sized businesses. Prudential Capital provided advisory, structuring and syndication services as well as direct investment. Mr. Schwartz, as a senior member of the "Credit Committee," reviewed and approved all aspects of Prudential Capital's activities. During the period of his involvement with Prudential Capital, the organization went from start-up to over $20 billion of invested assets. Later, Prudential asked Mr. Schwartz to lead a failing subsidiary which franchises privately held real estate companies. He turned the company profitable by focusing on client satisfaction, repricing offerings and cutting costs. In 1992, Warburg Pincus acquired a controlling interest in Grubb & Ellis. They asked Mr. Schwartz to leave Prudential and to turnaround this troubled real estate service company. There he redirected the business focus from non productive to productive areas, reduced overhead, sold off unprofitable subsidiaries, negotiated significant claims and liabilities to settlement, and refinanced the re-engineered company. Under his leadership, Grubb & Ellis saw its first profit in five years. Mr. Schwartz holds a BBA (1964) and MBA (1970) from the University of Cincinnati. He also graduated from the American College's Chartered Life Underwriter (CLU) curriculum (1981). He is a graduate of the Hurricane Island Outward Bound (1987) and completed Harvard's Graduate School of Business Advance Management Program (1988). He has been awarded the designation of Chartered Financial Analyst (CFA) by The Association for Investment Management Research (1989). Mr. Schwartz recently completed board assignments with Capitol First Corporation (NASDBB: CFRC) and Real Health Laboratories. Mr. Schwartz is a member of the Advisory Board for the Dean of the Business School at the University of Cincinnati and a Member of the Board of UCATS (University of Cincinnati Athletic Teams Scholarship) organization. He is also Chairman of the Finance Council of St. John Fisher Roman Catholic Church and a member of the Terrace Park Country Club. Mr. Schwartz resides in Cincinnati, Ohio.