Douglas S. Altabef

DOUGLAS S. ALTABEF graduated with a Bachelor of Arts degree from
Columbia College and a Juris Doctor degree from Harvard Law School. He
practiced corporate trust and estates law at Stroock & Stroock & Lavan
from 1977 until 1982. Since 1982, Mr. Altabef has been active in the
structuring and marketing of sophisticated financial products and
services. He has served as a Managing Director of Lepercq Capital
Partners and as a Corporate Vice President of PaineWebber, where he
provided financial advisory services to brokers and clients. In 1993, he
founded and led Varsity Recreation Holdings, Inc., a recreation and
entertainment company. In 1996, Mr. Altabef joined Matrix Asset Advisors
to direct its investment advisory and business development efforts. He
is also a member of the firm’s Investment Policy Committee. Mr. Altabef
has served on the boards of various public and private corporations and
is a member of the New York State Bar.