Mr. Morgan retired in 1997 as President and Chief Executive Officer of Philip Morris Incorporated after a 30 year career with the company. Mr. Morgan is a graduate of Princeton University.

Michael J. Ryan, General Partner. Mr. Ryan joined Jacobson Partners as a General Partner in September 2006. Mr. Ryan is a Director of TUG Technologies and FormTech Industries. At each company, Mr. Ryan has helped architect and oversee aggressive operational improvement programs focused on Lean Policy deployment, restructured business processes and cultural changes centered on customer satisfaction and accountability.

Mr. Ryan brings to our team more than 36 years of operational experience in Industrial and Manufacturing businesses. Prior to joining Jacobson Partners, he was the V.P. of operations for Ingersoll Rand (IR), an $11 billion industrial company, overseeing 90 plants and 44,000 employees. While at IR he also served as President of their Bobcat Division. Mr. Ryan has significant automotive industry experience having served in various capacities with Ford Motor, United Technologies, Lucas Varity, INTERMET and TRW Automotive where he was responsible for the $1.7 billion North American Braking Systems division and the $2.7 billion Chassis Systems division.

Mr. Ryan has a degree in Automotive Engineering Technology from Western Michigan University and a Masters in Business Administration from Wayne State University. He is a thought leader on Lean Policy Deployment. In February 2007, he spoke before the U.S. Congress on the subject of competitive productivity in America and the need for government support to educate small and medium size companies.

Bernard W. Matte. Since July 1, 2004, Mr. Matte has served as a partner of or consultant to Jacobson Partners, having previously been the President of FPC Flexible Packaging Corporation since 1998.  Mr. Matte continues to serve as the Chairman of the Board of FPC and participates in the evaluation of new investment opportunities.

Mr. Matte has been the President of two publicly traded companies, Fletcher Leisure Group and Wajax Ltd., and was a partner in Innocan Inc., a private equity firm.  Mr. Matte has extensive acquisition experience, having served as the Vice-President of Corporate Development for Imasco Ltd.  Mr. Matte began his career with Greenshields Inc., a Canadian investment dealer, where he became a Vice-President involved in corporate finance and mergers and acquisitions.  Mr. Matte is a graduate of the University of Ottawa and obtained his MBA from the University of Western Ontario.