Bruce Robert Berkowitz

Bruce R. Berkowitz is the Founder, Managing Member, Chief Investment Officer, Chief Compliance Officer and Chief Operating Officer of Fairholme Capital Management. He was previously employed at Lehman Brothers until December 1993 and at Smith Barney Investment Advisers from December 1993 to October 1997, where he was a Managing Director of Smith Barney Inc. Mr. Berkowitz is President and a Director of Fairholme Funds, Inc., an open-end management investment company. He also serves as a Director of White Mountains Insurance Group, Ltd. and AmeriCredit Corp. He received his Bachelor of Arts in Economics, cum laude, from the University of Massachusetts at Amherst.