XM Radio 2010 Annual Report Download - page 17

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Name Age Position, Principal Occupation, Business Experience and Directorships
Leon D. Black ..... 59 Mr.Black is the Chairman of the Board, Chief Executive Officer and a Director
of Apollo Global Management, LLC and a Managing Partner of Apollo
Management, L.P. which he founded in 1990 to manage investment capital on
behalf of a group of institutional investors, focusing on corporate restructuring,
leveraged buyouts, and taking minority positions in growth oriented companies.
From 1977 to 1990, Mr. Black worked at Drexel Burnham Lambert
Incorporated, where he served as Managing Director, head of the Mergers &
Acquisitions Group and co-head of the Corporate Finance Department. He
serves on the boards of directors of Apollo Global Management, LLC and the
general partner of AP Alternative Assets. Mr. Black is a trustee of Dartmouth
College, The Museum of Modem Art, Mt. Sinai Hospital, The Metropolitan
Museum of Art, Prep for Prep, and The Asia Society. He is also a member of
The Council on Foreign Relations and The Partnership for New York City.
Mr. Black is also a member of the boards of FasterCures and the Port Authority
Task Force. During the last five years, Mr. Black served as a director of United
Rentals, AMC Entertainment, Wyndham International and Allied Waste, and was
a member of the National Advisory Board of JPMorganChase.
Key Attributes, Experience and Skills:
Mr. Black’s experience in corporate finance is well renowned. He has extensive
experience in arranging and structuring financings for enterprises worldwide,
particularly enterprises with credit profiles similar to ours. In addition,
Mr. Black’s experience in the private equity industry adds a long-term strategic
perspective to the board’s deliberations.
Name Age Position, Principal Occupation, Business Experience and Directorships
Lawrence F. Gilberti. . 60 Mr. Gilberti has been a director since September 1993. Since June 2000,
Mr. Gilberti has been a partner in the law firm of Reed Smith LLP.
Key Attributes, Experience and Skills:
Mr. Gilberti has served on our board since 1993, shortly after our founding. He
brings a range of institutional knowledge and experience to the board in
evaluating business proposals, assessing risks, and critiquing alternatives that the
Nominating and Corporate Governance Committee believes is valuable.
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