Kathleen Reed

KATHLEEN REED joined Stanford Group Company in 2003 as a Senior Vice
President covering the consumer products space. Previously she was an
Equity Analyst at Merrill Lynch for six years, beginning as an Industry
Analyst in the steel group in 1996 and joining the personal
care/household products group in April 1998. Ms. Reed was promoted to
Assistant Vice President in August 1998 and Vice President in January
2000. Prior to joining Merrill Lynch, she worked as an Industry Analyst
at Smith Barney (1995-1996). Ms. Reed began her investment career as a
Portfolio Manager at Doheny Asset Management from 1994-1995. She
received Honorable Mention in the 1999 and 2001 Institutional Investor
surveys and also received Honorable Mention in the 2000 Greenwich
survey. Ms. Reed earned her BS in Mathematics at the University of Miami
and her MBA from the Anderson Graduate School of Management at UCLA.