OUR PEOPLE

John A Koskinen

Director

Mr. Koskinen, Non-Executive Chairman of the Board at Freddie Mac from 2008 to 2011 and former Chairman of the Board of Trustees of Duke University, was also President of The Palmieri Company, which restructured large, troubled operating companies. During Mr. Koskinen's 21 years with Palmieri, he helped reorganize the Penn Central Transportation Company; Levitt and Sons, Incorporated; the Teamsters Pension Fund and Mutual Benefit Life Insurance Company, the largest failed life insurance company in U.S. history.

Mr. Koskinen previously was President of the United States Soccer Foundation and has served as a Director of the AES Corporation, one of the world's largest global power companies, since 2004. Mr. Koskinen served as Deputy Mayor and City Administrator of the District of Columbia for three years, beginning in September 2000. He was responsible for oversight and coordination of all city-operating departments. Earlier in 2000 he developed recommendations for restructuring the operations of the DC public schools. From 1994 to 1997, he was the Deputy Director for Management of the U.S. Office of Management and Budget and then was Assistant to President Clinton and Chair of the President's Council on Year 2000 Conversion from 1998 to 2000.

Mr. Koskinen graduated Magna Cum Laude from Duke University in 1961, where he was a member of Phi Beta Kappa; graduated with an LL.B., cum laude, from Yale Law School in 1964; and did post graduate work in international law at Cambridge University, Cambridge, England, 1964 to 1965.

Mr. Koskinen and his wife, the former Patricia Salz, have two adult children, Cheryl and Jeffrey, and live in Washington, DC.

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