MANAGEMENT BIOGRAPHIES

Paul I. Gulden, Jr.

Paul Gulden has been Division Head and Chief Investment Officer of the Capital Management Division since 1977. Formerly, he was a General Partner and Senior Portfolio Manager of McMullen & Hard and an investment specialist for the Bank of New York. He graduated from the University of Virginia and later studied at the N.Y.U. Graduate School of Business.

Madelaine L. Reese

Madelaine Reese has been a Senior Vice President and Senior Portfolio Manager since 1994. She previously worked for a Chicago-based advisory firm, Roberts, Loucks & Co., as a financial analyst for Amoco, and for a financial planning firm and a research and trading company. She is a Certified Financial Planner and holds a bachelors degree from the University of Illinois at Chicago and an M.B.A. from the Loyola Graduate School of Business.

Samuel G. Samman

Sam Samman joined the firm in 1998 as a Senior Vice President and Senior Portfolio Manager. From 1986 until 1998, he was a Senior Portfolio manager and later President of Dominick and Dominick Advisors, having joined the parent organization as a security analyst in 1972 and served as its Director of Research from 1974 until 1986. Mr. Samman received a B.S. in Economics from Wagner College and an M.B.A. in Finance from N.Y.U.

Charles R. Thompson

Charlie Thompson has been Senior Vice President and Senior Portfolio Manager since 1995 when he merged his own money management company, Cobalt Asset Management with H.G. Wellington. He previously spent twenty-three years as a General Partner of Tucker Anthony, having begun his career with Irving Trust Company and White Weld. Mr. Thompson is a graduate of Washington & Lee University.

Note: Certain fixed income, research, and other specialists on the staff of H.G. Wellington Co. provide support and assistance to the Capital Management Division.

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