Kevin Ulrich is the Chief Executive Officer and Senior Portfolio Manager of Anchorage Capital Group, L.L.C, a firm he co-founded in New York in 2003. In his role as Senior Portfolio Manager, he is primarily responsible for overseeing the firm’s portfolio management, risk management, asset allocation, and investment decisions. During his time leading Anchorage, the firm has grown to become one of the industry’s preeminent alternative credit and distressed managers, operating offices in New York, London and Sydney. Mr. Ulrich is Chairman of the Board of MGM and has been a director of the Company since December 2010. Prior to co-founding Anchorage, Mr. Ulrich was Managing Director, Head of Distressed Bank Loans and Global Head of Bank Loan Trading at Goldman Sachs. In this capacity, Mr. Ulrich was directly responsible for the trading operation and proprietary investment portfolio of the Goldman Sachs Bank Loan business. Mr. Ulrich has a total of 23 years of experience in the financial services industry and received a J.D. from Harvard Law School, where he graduated with honors.