BRUCE G. VEACO
    Bruce co-founded Focused Investors LLC in 2006. Prior to Focused Investors, Bruce spent nearly 20 years as part of the investment team at Pacific Financial Research (PFR) serving as a Principal, Portfolio Manager, and Chief Financial Officer. While at PFR, Bruce also was part of the portfolio management team that managed the Clipper and Clipper Focus funds. Bruce's professional experience also includes five years as a Certified Public Accountant in the Los Angeles office of Price Waterhouse where he was an Audit Manager.
    Bruce graduated summa cum laude from the University of California, Los Angeles with a BA degree in Economics and received his MBA degree from Harvard Business School.

NUGROHO (DÉDÉ) SOEHARTO
    Dédé joined Focused Investors in March 2008. Prior to Focused Investors, Dédé spent two years as a Partner at Saddle Peak Asset Management, LLC. In addition, Dédé spent nearly 20 years as part of the investment team at Pacific Financial Research serving as a Principal and Portfolio Manager. While at PFR, Dédé also was part of the portfolio management team that managed the Clipper and Clipper Focus funds. Dédé's professional experience also includes one year at the Bank of Boston.
   Dédé received his BS degree in Chemistry from Bates College and his MBA degree from Babson College.

JAMES H. GIPSON
    In his role as Senior Advisor, Jim brings his extensive investment management experience to Focused Investors. Jim founded Pacific Financial Research in 1980 and served as its President until his retirement at the end of 2005. Jim also served as Chairman of the Clipper Fund. Prior to PFR, Jim was a Portfolio Manager at Source Capital Co. and at Batterymarch Financial. Jim authored Winning the Investment Game: A Guide for All Seasons.
    Jim received his BA and MA degrees in Economics with honors from the University of California, Los Angeles, and his MBA degree with honors from Harvard Business School.