ROBERT SPEER

Robert Speer has been the Chief Financial Officer of Carl Marks & Co. Inc. since October 1997 and is the Chief Compliance Officer for Carl Marks Management Company, LLC, the Firm’s affiliated Registered Investment Advisor. Mr. Speer is also the Financial and Operations Principal for Carl Marks Securities LLC, the broker-dealer affiliate of Carl Marks Advisory Group LLC. From 1988 through 1997, Mr. Speer was a Partner at Bloom Hochberg & Co., P.C. CPA’s, a public accounting firm. Prior to becoming a partner, he was employed by the firm for nine years.

Mr. Speer earned a BS in Accounting from Duke University in 1979. He is a member of the American Institute of Certified Public Accountants and the New York State Society of Certified Public Accountants.