Richard A Maio

Was employed from January 1991 through December 1994 as President and Chief Operating Officer (“COO”) of D.H. Blair and had the responsibility for overall supervision of retail sales activities and trading. Before he joined Drexel, Mr. Maio spent 19 years at E. F. Hutton, now part of the American Express Company. During that time, he rose from broker to branch manager to national product manager. He developed and marketed several Hutton products, including certificates of deposit, zero-coupon bonds and bankers' acceptances. Mr. Maio attended Villanova University and is a graduate of the University of Miami. Earlier, he spent four years at La Salle Military Academy, where his roommate for a time was John H. Sununu, now the President's chief of staff.