OUR PEOPLE

RICHARD PATTON, MEMBER OF THE BOARD OF DIRECTORS

OUR PEOPLE

Richard Patton is the Founder, Chairman, and Chief Investment Officer of Courage Capital Management. Mr. Patton co-founded Courage in July 1998. From 1996 to 1998 Mr. Patton was at Ingram Industries where they formed and operated Woodmont Capital, LLC, which focused on special situations investing in private and public market securities. From 1994 to 1996, Mr. Patton was a private investor. From 1992 to 1994, Mr. Patton was a Portfolio Manager and Analyst with Fidelity Investments. Prior to this, Mr. Patton was the founder and CEO of a restaurant group, which he ultimately sold. Mr. Patton has served on the board of directors of Williamson-Dickie Manufacturing Company, which manufactures and sells work wear; and Krystal Restaurant Group, Blessings Corp. (Packaging), Ingram Barge Company, Permanent General Insurance and Reddy Ice Corporation. Mr. Patton has served on the boards of the Nashville Humane Association, the Nashville Zoo, the Nashville Region Red Cross, and the American Red Cross.