Mr. Shockley has over 30 years of business experience as a management consultant, financial executive, and entrepreneur, with extensive experience related to acquisitions and joint ventures, business development and strategy, investment analysis and capital budgeting, financial controls, performance measurement, the development of operating plans, and managing corporate growth.

Mr. Shockley started his career as a financial analyst with the Ford Motor Company, where he had responsibility for worldwide capacity planning and the evaluation of sourcing alternatives for engines. He also worked on a major capacity expansion program for Ford's former steelmaking division, Rouge Industries. He has also held executive positions with Rockwell International, Occidental Petroleum Corporation, and the Dole Food Company, and has worked as an independent consultant.

At Rockwell International, Mr. Shockley was Corporate Director of Financial Planning and served as Secretary of the Operations Committee and Assistant Secretary of the Management Committee making the monthly financial presentations to the Operations Committee. He also was responsible for corporate-wide financial planning and directed the preparation of annual and long-range operating plans in Rockwell's multi-industry, international environment.

At Occidental, Mr. Shockley served as Corporate Vice President of Financial Planning and Analysis during an eight-year period when Occidental was growing rapidly; sales increased from $6 billion to over $15 billion, and net income grew from $154 million to $696 million. He then served as Vice President of Business Operations for the International Oil and Gas Division.

During Occidental's high-growth period, Mr. Shockley had responsibility for expanding the role of financial planning and analysis at the company. He provided senior management with timely analysis of operating results and proactive analytical support related to financial projections, capital expenditures, acquisitions, and divestitures. He directed the preparation of annual company-wide capital and operating plans.

As Vice President of the Oil and Gas Division, Mr. Shockley's responsibilities included organization and resource planning, operations analysis, project financing, business development and strategy, administration, and public relations. In this capacity he developed and implemented manpower and cost reduction programs for the headquarters and international operating units, and negotiated the agreements and financing for the buyout of an Argentine oil contract.

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