Roy Behren is co-president and co-chief investment officer at Westchester Capital Management, LLC, and an investment management affiliate of Virtus Investment Partners. Mr. Behren is also a co-portfolio manager at Westchester and its affiliate, Westchester Capital Partners, LLC. Mr. Behren was named managing partner of Westchester in 2010, having held the role of chief compliance officer from September 2002 through June 2010. He joined Westchester in 1994 from the U.S. Securities and Exchange Commission’s New York Regional Office, where he worked as an enforcement attorney for seven years. He also served as a member of Redback Networks’ board of directors and its audit committee from 2004 through 2006. Mr. Behren earned a B.S. in economics at The Wharton School, a J.D. from the University of Miami Law School, and an LL.M. in corporate law from the New York University School of Law. He began working in the investment industry in 1987.

Michael Shannon is co-president and co-chief investment officer at Westchester Capital Management, LLC, and an investment management affiliate of Virtus Investment Partners. Mr. Shannon is also a co-portfolio manager at Westchester and its affiliate Westchester Capital Partners, LLC. He is a member of Westchester’s investment committee. Mr. Shannon joined Westchester in 1996 from J.P. Morgan, where he worked in the firm's corporate finance, mergers & acquisitions, and equity research departments for eight years. He held the role of director of research at Westchester for nine years and then rejoined the firm in 2006 after two years as senior vice president in charge of mergers and special situations at D.E. Shaw & Co. Mr. Shannon earned a B.S. in finance from Boston College. He is a Chartered Financial Analyst® (CFA®) charter holder and a member of the New York Society of Security Analysts and the CFA Institute. He began working in the investment industry in 1988.