IRIDIAN ASSET MANAGEMENT LLC/CT

Iridian Asset Management, formerly known as Arnhold & S. Bleichroeder Capital is an independent investment management firm owned by its employees. The company was founded in 1996 by David Cohen and Harold Levy, who are still with the company today acting as the co-CEO and co-CIO, who had over 2 decades of experience before starting the firm. Iridian Asset Management focuses its fundamentals on cash related metrics and in-depth, critical assessment of a company's management which came from the experience its founders had in private equity, venture capital, distressed debt and bankruptcy takeovers. The company would grow to have a Small-Cap Value strategy in 2009, which would be managed by Jordan D. Alexander and Stephen A. Friscia, Jr. Sturgis P. Woodberry and Todd Raker are the portfolio managers for its Mid-Cap Equity Strategy. Iridian Asset Management currently provides its services to a variety of clients, focusing on charitable organizations, which alone makes up approximately a third of its client base, and including high net worth individuals, pension and profit sharing plans, investment advisors, state or municipal government entities, corporations, pooled investment vehicles, investment companies, and insurance companies, among others, in order of decreasing clientele. The company currently holds over $15 billion in total assets under management spread across 191 accounts, all of which are discretionary accounts except for one. Both its total accounts held and total assets under management have been increasing in recent years, with its total accounts growing from 146 to its amount today and its total assets under management growing from $5.4 billion to well over twice that amount. Iridian Asset Management currently has 46 employees with 3 investment advisors and 18 broker dealer representatives. The company utilizes fundamental analysis to make its investment management decisions, investing most heavily in the materials and information technology sectors, which each make up over a fifth of its total allocations. The company is based out of Westport with additional offices in Chicago, New York City, and Schaumburg.