Honorable Frank C. Carlucci

Advisory Board

Mr. Carlucci has been a Managing Director of The Carlyle Group since 1989, Chairman since 1993, and Chairman Emeritus since January 2003. Mr. Carlucci was Secretary of Defense from November 1987 through January 1989, following his service as Assistant to the President for National Security Affairs under President Reagan. Before serving in these positions, Mr. Carlucci was Chairman and CEO of Sears World Trade, a business he joined in 1983. Mr. Carlucci preceded his affiliation with Sears World Trade, Inc. with a career in government service, which included positions of Deputy Secretary of Defense (1980-1982), Deputy Director of Central Intelligence (1978-1980), U.S. Ambassador to Portugal (1975-1978), Under Secretary of Health Education and Welfare (1973-1975), Deputy Director of Office of Management and Budget (1970-1972), and Director of the Office of Economic Opportunity (1969). Mr. Carlucci was a Foreign Service Officer from 1956 to 1980 and he served as an officer in the U.S. Navy from 1952 to 1954.

Mr. Carlucci is Chairman Emeritus of Nortel Networks, the US-Taiwan Business Council and Neurogen Corporation Board of Directors. Additionally, Mr. Carlucci serves as a member of the corporate board for SunResorts, Ltd., N.V.

Mr. Carlucci graduated from Princeton University and attended Harvard Business School.