Adriana Posada joined American Beacon in 1993 and serves as Senior Portfolio Manager, Asset Management Department at American Beacon. She is responsible for monitoring the external domestic equity and fixed income advisors to the American Beacon Funds and AMR’s pension plans. Ms. Posada is a Trustee of the Irving Firefighters Relief and Retirement Fund. Ms. Posada received her BS in Mathematics from the Universidad de Los Andes, MS in Mathematics from the University of Houston, and MS in Actuarial Science from the University of Michigan.

PAUL M. VEZOLLES, CFA, General Partner, has twenty-nine years of investment experience and is responsible for equity research on companies with market capitalizations between $250 million and $20 billion. Prior to joining WEDGE in 1995, Paul was an Equity Analyst at Palley-Needelman Asset Management in Newport Beach, California, and an Equity Analyst with CMB Investment Counselors in Los Angeles. Paul received his Bachelor of Arts degree in Economics from Indiana University and his Master of Arts in Economics from DePaul University and a Postgraduate Diploma in Financial Strategy from the University of Oxford. Paul is a member of the firm’s Investment Policy Committee.

Mr. Rabinowich is a Principal and Portfolio Manager for Mid Cap Focused Value. Prior to joining Pzena in 2004, Mr. Rabinowich was an Equity Research Associate with the Semiconductor group at Investec. Prior to Investec, he founded Mabool, a technology company which provided auction services. He began his career as a Senior Consultant in the Life Sciences and Energy Group at Booz Allen Hamilton. He earned a B.S. summa cum laude from the Sy Syms School of Business at Yeshiva University and an MBA from Columbia Business School. At Columbia Mr. Rabinowich was a member of the Phi Beta Kappa national honor society.

Mr. Needles has served as President and Chief Executive Officer of American Beacon Advisors, Inc. since April 2009 and has served on the portfolio management team since May 2011. Prior to joining the firm, Mr. Needles was President of Touchstone Investments from 2008 to 2009, President of AIM Distributors from 2003 to 2007 and CEO of AIM Distributors from 2004 to 2007.

Mr. Carr is an Executive Vice President at WEDGE and has been with the firm since 2011. Prior to joining WEDGE, from 2006 until 2011, Mr. Carr was a Partner and Senior Vice President at Callan Associates. Mr. Carr was also formerly associated with INVESCO Institutional, Trusco Capital Management and Watson Wyatt Worldwide.

Richard A. Wells, Executive Vice President, is responsible for portfolio management and client service. Prior to joining WEDGE in 2011, Richard was a Partner and Director of National Sales with DePrince, Race & Zollo, Inc., in Winter Park, Florida. He was formerly associated with PaineWebber, Salomon Brothers, and the First Boston Corporation. Richard received his Bachelor of Science degree with a concentration in Finance from Virginia Commonwealth University.

Mr. Flynn joined Pzena Investment Management, LLC in 2005 and currently serves as a Portfolio Manager for the firm. Mr. Flynn earned a B.A. in Music from Yale University and an M.B.A. with distinction from the Harvard Business School.

Co-Lead Mid-Cap Analyst, responsible for the fundamental, bottom-up research for the Fund and making investment recommendations to the Investment Policy Committee; also responsible for making adjustments to the position size, as well as the decision to sell the security.

James P. Barrow, Founding Partner and Executive Director of Barrow, Hanley. He has managed investment portfolios since 1963; has been with Barrow, Hanley since 1979. Education: B.S., University of South Carolina.

Mr. Giambrone joined BHMS in 1999. Prior to joining BHMS, Mr. Giambrone served as a portfolio consultant at HOLT Value Associates. During his 22-year career, he has also served as a senior auditor/tax specialist for KPMG Peat Marwick and Ernst & Young Kenneth Leventhal. Mr. Giambrone is a member of the American Institute of Certified Public Accountants. He graduated summa cum laude from Indiana University with a BS in Business and received an MBA from the University of Chicago.

Mr. Pzena is the Founder and Co-Chief Investment Officer. He is the architect of the firm’s investment strategy and conceived and developed our proprietary screening model. He serves as co-portfolio manager on each of the firm’s U.S. investment strategies and is a member of the firm’s Executive Committee. Prior to forming Pzena Investment Management in 1995, Mr. Pzena was the Director of U.S. Equity Investments and Chief Research Officer for Sanford C. Bernstein & Company. He joined Bernstein in 1986 as an oil industry analyst and was named to the Institutional Investor All America Research Team from 1988-1990. During 1990 and 1991, Mr. Pzena served as Chief Investment Officer, Small Cap Equities, and assumed his broader domestic equity role in 1991. Prior to joining Bernstein, Mr. Pzena worked for the Amoco Corporation in various financial and planning roles. He earned a BS summa cum laude and an MBA from the Wharton School of the University of Pennsylvania in 1979 and 1980, respectively.