Eric K. Cinnamond, River Road Asset Management

Mr. Cinnamond serves as Vice President and Portfolio Manager for River Road’s Independent Value Portfolio. Mr. Cinnamond has 17 years of investment industry experience. Most recently, Mr. Cinnamond served as Lead Portfolio Manager of Intrepid Capital Management’s Small Cap Strategy. According to Morningstar, the five-star ranked mutual fund that Eric managed was the top performer in its category over the past three years. Additionally, manager database eVestment ranks Eric’s composite performance in the top one percentile of all small cap value managers for the prior three-and five-year periods.

Mr. Cinnamond has received numerous accolades for his investment performance. Most notably, the fund he managed at Intrepid was winner of the Lipper Fund Award for two consecutive years and he was awarded MarketWatch’s 2008 Stockpicker of the Year.