Lawrence C. Marsh

LAWRENCE C. MARSH is a Senior Vice President in the Equity Research
Department of Lehman Brothers. Prior to joining the firm, he served as a
Director in Equity Research at Salomon Smith Barney and as a Managing
Director in Equity Research at Wheat First Butcher Singer. Mr. Marsh
earned both his Bachelor’s degree in Management and his MBA from the
University of Richmond. A Chartered Financial Analyst and Member of the
NYSSA, he was also selected for and completed the Harvard Business
School Financial Management Series Valuation.