Mr. Chappel has worked for Hersh Family Investments and affiliated entities since 2004. Prior to joining HFI, Randy was a partner at Goff Moore Strategic Partners, L.P. ("GMSP") in Fort Worth, Texas, a private investment vehicle formed to manage $150 million of the partners' capital and the capital of the family of Richard Rainwater. Before the formation of GMSP in 1998, Randy worked for Rainwater, Inc., Natural Gas Partners, L.P. ("NGP"), and Crescent Real Estate Equities. Randy earned his A.B. in Economics in 1989 and an M.B.A. in 1994, both from Stanford University. At the Stanford Business School, Randy was an Arjay Miller Scholar, an award conferred upon those whose academic record places them in the top 10% of their class. During 2003 and 2004, Randy spent his winters in Alaska with his family and completed the 1,100-mile long Iditarod Trail Sled Dog Race from Anchorage to Nome.