Charles R. Frank
Director, member of Related Party Transactions Committee and the Treasury/Finance Committee
Charles R. Frank Jr. served as a director from 2001 until July 2009 and from March 2010 until the present. From July 2009 through February 2010, Mr. Frank served as interim Chief Financial Officer of the Company. Mr Frank also currently serves as a non-executive board member of Arcelor Mittal Steel Galati, the Romanian subsidiary of Arcelor Mittal Steel Company N.V.
He is a member of the investment committee of the Darby Converging Europe Mezzanine Fund, and a member of the Advisory Committee of the Sigma-Bleyzer Growth Fund IV. From 1997 to 2001, Mr Frank was First Vice President and twice acting President of the European Bank for Reconstruction and Development (EBRD), which makes debt and equity investments in Central and Eastern Europe and the former Soviet Union. From 1988 to 1997, he was a Managing Director of the Structured Finance Group at GE Capital (a financial services company) and a Vice President of GE Capital Services. Mr Frank served as Chief Executive Officer of Frank and Company from 1987 to 1988 and Vice President of Salomon Brothers from 1978 until 1987.
Mr. Frank has held senior academic and government positions, including Deputy Assistant Secretary of State and Chief Economist at the U.S. Department of State, Senior Fellow at the Brookings Institution, Professor of Economics and International Affairs at Princeton University, and Assistant Professor of Economics at Yale University. Mr. Frank graduated from Rensselaer Polytechnic Institute with a B.S. in mathematics and economics before completing a Ph.D. in economics at Princeton University. Mr. Frank brings to the Board 32 years’ experience in the financial services industry, including 13 years relating to Central and Eastern Europe, as well as extensive senior management experience.
