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Anthony A. Barone

Mr. Barone is executive vice president of RHJ International SA, responsible for automotive supplier investments. RHJ is a public Belgium investment company with an equity value of approximately $1.7 billion.

Mr. Barone is a board member and chairman of the audit and compensation committees of Asahi Tec Corporation, a Japanese public company. Asahi Tec is a global supplier of ductile iron castings and power train assemblies and components to the auto industries with locations in 15 countries and annual sales of approximately $2.7 billion.

He is also a board member and member of the audit and compensation committees and chairman of the nomination committee of Niles Corporation, a Japanese private company. Niles Corporation is a supplier of electrical switches and sensors to the auto industries with annual sales of approximately $400 million.

In addition, he is managing director and member of the German supervisory board of Honsel International Technologies SA. Honsel is a private Belgium/German company with operations in Germany, France, South America, and Canada. The Honsel Companies are one of the world's largest independent suppliers of die-cast aluminum and magnesium parts to the auto industry with annual sales of approximately $1.2 billion.

Previously, Mr. Barone was the CFO of RHJ for one year. Prior to that, he was the chairman and CFO of JL French Automotive Castings, Inc., a $500 million company owned by Onex, a private equity firm. He was also managing director of Hidden Creek Industries, an Onex automotive management partnership.

From 1995 to 2003, Mr. Barone was the treasurer and CFO for Tower Automotive, Inc. where he was responsible for accounting, treasury, enterprise strategy, IT, governance, investor relations and development. During this period, he helped raise over $1 billion of equity as well as putting in place over $2 billion of debt facilities. The company grew from $200 million in revenues and five locations to $2.8 billion in revenues and 60 locations. He oversaw the acquisition and integration of 14 companies and ventures in North and South America, Europe, and Asia (financial and IT system integration in budgeting and reporting with a world-wide, five business-day close, each month, and weekly flash and forecast for each region); four restructurings totaling $750M with cash returns within twelve months; and covenant compliance without any amendments to the original debt facilities. During this time he participated in over 200 road shows and investor presentations.

From 1984 to 1994, he was the CFO of O’Sullivan Corporation, a $350 million AMEX company, where he had responsibility for all functions except shop operations.

Mr. Barone earned a B.S. in accounting from West Virginia University in 1971. He is a CPA and spent the first 13 years of his career in public accounting in Northern Virginia.

 
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