Eric W. Richardson, Chairman and CEO

Mr. Richardson has over 21 years of diversified experience as a portfolio manager and corporate and securities attorney.  He is the co-founder and Chief Executive Officer of Cambria Investment Management.  Prior to Cambria’s formation, he was the President and Portfolio Manager of Kwai Financial, the venture capital division of Headwaters Incorporated (NYSE: HW).  Kwai made private equity investments in emerging growth companies in the information technology and energy markets. Previous to this, Mr. Richardson served as Vice President of Institutional Sales for Imperial Capital, LLC, an NASD-registered broker/dealer, where he was responsible for sales and trading of public and private securities to institutional investors. From 1996 through 1998, Mr. Richardson served as General Counsel and then Chief Operating Officer of Prosoft Learning Corporation, a NASDAQ -traded company that provided businesses with content and certifications relating to internet workforce skills.  He began his legal career as an associate at New York based Milbank, Tweed, Hadley & McCloy, focusing on banking and corporate transactions. Mr. Richardson received his B.A. in 1988 from the University of Southern California and his J.D. in 1991 from the University of Michigan Law School. Mr. Richardson is a member of the California Bar Association, and holds the Series 7, 24 and 66 licenses.   Mr. Richardson is the co-author of The Ivy Portfolio: How to Invest Like the Top Endowments and Avoid Bear Markets.

er@cambriainvestments.com

Mebane T. Faber, Chief Investment Officer and Portfolio Manager

Mr. Faber is a co-founder and the Chief Investment Officer of Cambria Investment Management.  Faber is the manager of Cambria’s ETFs, separate accounts and private investment funds for accredited investors.  Mr. Faber has authored numerous white papers and five books.   He is a frequent speaker and writer on investment strategies and has been featured in Barron’sThe New York Times, and The New Yorker. Mr. Faber graduated from the University of Virginia with a double major in Engineering Science and Biology.

mf@cambriainvestments.com