Richard Mayo

After receiving his undergraduate degree from the University of Virginia, Mr. Mayo began his investment career with the First Union National Bank in Charlotte, N.C. He received his M.B.A. from the Darden Graduate School of Management at the University of Virginia. After graduation, he was a security analyst for the Keystone Custodian Growth Fund. In 1969 he helped found Batterymarch Financial Management, where he served as a portfolio manager. In 1977, Mr. Mayo was a Founding Partner of the investment firm Grantham, Mayo, Van Otterloo & Co. LLC (GMO), and he was with GMO until he founded Mayo Capital Partners in January of 2002. Mr. Mayo serves on the Board of the Children\'s Hospital Trust in Boston and is also a member of its investment committee. He is also a member of the investment committee of the MacArthur Foundation.