Professional Experience

FINANCIAL
   PRESIDENT AND CEO
   NewArc Investments, Inc.,1997-Present
      NEWARC SECTOR ROTATION LP
      NEWARC MULTI-STRATEGY FUND
      NEWARC GREAT STOCKS PROGRAM

   Capital Markets Research, Inc.,1991-Present
      Provides models and trading systems
       Clients include seat-holders at the CME, CBOT, and CBOE
       Expert reports in legal matters related to stock price movement in hypothetical
       situations


   DIRECTOR OF RESEARCH
   KTZ Trading, 1987-1991
      Developed forecasting models
      Analyzed special situations, takeovers, impacts of news on stock prices
      Taught classes in stock options
      Managed stock portfolios including planning and executing trades in stock, options and        futures.

EDUCATIONAL
   FORMER COLLEGE PROFESSOR
     University of WisconsinOshkosh, WI
      Associate Professor of Public Affairs, 1985-87
     Lawrence UniversityAppleton, WI
      Assistant Professor of Government and Public Policy
       Director of Public Policy Program, 1979-85

     University of WisconsinMadison, WI
      Assistant Professor of Political Science, 1974-79

GOVERNMENT ADVISOR
   Consultant - Several state commissions, 1982-87
    Director - Appleton Community Survey Project, 1981-85
    Wisconsin Department of Revenue
    Research Associate - Wisconsin Tax Burden Study, 1977-79

Publications

"Follow the Leader: A Glimpse into the Future," Fleet Executive,June 2006.
"Firming Pricing Strategies: Fleets Decrease Risk in Fuel Management," Automotive Fleet,April 14, 2006.
"Final Report on Borrowing and Debt Structure," Report of the Citizens Financial Advisory Committee,     December, 2005.
"A Closer Look at Shared Revenue," The Municipality,April 1987.
"The Appleton Property Tax Increase, 1981-82," Lawrence University Public Policy Monograph Series, #4,     May, 1982.
"Developing Public Policy Theory: Perspectives from Empirical Research," With George D. Greenberg,     Lawrence B. Mohr, and Bruce C. Vladeck. The American Political Science Review,Vol. LXXI, No. 4,     December 1977.
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