J. Steven Manolis - Bio

J. Steven Manolis is the Chairman and Chief Executive Officer of Manolis & Company LLC (“MANOCO”) his 100% privately owned real estate merchant bank, and is also Chairman of GHM (USA) LLC Hotels the wholly owned US subsidiary of GHM Hotels (www.ghmhotels.com). He received his MBA from the University of Chicago in 1974. After graduation he began work for Salomon Brothers, where he became the youngest General Partner of the Firm in 1980. Starting in 1979 Mr. Manolis was one of the three Founding Partners of the Mortgage Securities Group, which pioneered Securitization for the Residential and Commercial Mortgage Markets, and also Equity Property Securitization. This business, which he helped envision, create and manage, has become a multi trillion dollar global business since its inception. In 1984 he was asked to assume the multi-disciplinary responsibility of heading Salomon’s Global Real Estate Department, where he established and managed ten offices in the US, Europe, and Asia and closed over $100 billion of debt and equity transactions during his tenure. In 1992 he established his own Firm, Manolis & Company LLC, a private boutique real estate investment and merchant banking, Firm specializing in land development, hotels and resorts, offices and luxury mixed-use development. In 2000 he also took on the responsibility of becoming Chairman of GHM USA LLC, a subsidiary of Adrian Zecha’s global GHM Hotels Ltd. Luxury hotel Group. At GHM USA he is Chairman, minority shareholder and responsible for new business development in the US, and also selected GHM projects throughout the world. With Amanresorts he is both an advisor and principal investor in certain identified new resorts. The Setai Resort and Residences, GHM’s first North American project, opened in South Beach (www.setai.com) in August 2005. The Setai has been awarded Best Resort in North America for the last three years by Gallivanter’s Guide and 2008 Most Outstanding Hotel in Canada and the US by Conde Nast Johannsen’s.

Mr. Manolis was the lead investor of Microban International (a global firm that provides antibacterial protection for solid state polymeric products) see www.microbaninternational.com and is a minority shareholder and Director of Microban Asia Pacific, an affiliate of Microban International. Mr. Manolis is a past Member of the Council and past Chairman of the Advisory Board of The National Academy of Design. He was given the honorary Man of the Year Award at the NAD in 2006. Founded in 1827, and headquartered in NYC, the NAD (see www.nationalacademy.org) is the United States oldest and most prestigious honorary Artist Organization. In 2007 Mr. Manolis became a Trustee and Chairman of the Development Committee of the Vermont Studio Center, the largest artist/writer monthly attended Artist Colony in the United States (see www.vermontstudiocenter.org). He is a Member of The Metropolitan Club, The Atlantic Golf Club (where he was one of the first ten Founding Members and Chairman of the Admissions Committee), and Emerald Dunes Golf Club in West Palm Beach, Florida. He has been married for 29 years to his wife Michelle K. Manolis and they live/work in seasonal rotation in their two east coast homes (see closing metrics). Michelle Manolis is the Treasurer and Corporate Secretary of both GHM (USA) LLC and MANOCO. Mr. & Mrs. Manolis have three daughters, Mrs. Virginia McLean-Stillit (40) who resides in London, and Mrs. Kristen E. Manolis (36) in Greenwich, Connecticut, and Mrs. Nicole Manolis Cudzil (34) who lives in New York City. Michelle and Steven are blessed with four grandchildren. Mr. Manolis received his Bachelor of Science degree from the University of South Dakota in 1970, served as an Artillery Lieutenant in the US Army from 1970 to 1972, and received his MBA from the University of Chicago in 1974. He is a licensed real estate broker in NY State.

J. Steven Manolis
Chief Executive Officer, Manolis & Company LLC
Chairman, GHM(USA)LLC
Trustee, Chairman of the Development Committee, Vermont Studio Center, Johnson, Vermont
Past Council Member, Past Chairman, National Academy of Design Advisory Board, New York, New York
Member, Atlantic Golf Club, Bridgehampton, New York
Member, Emerald Dunes Golf Club, West Palm Beach, Florida
Member, Metropolitan Club, New York, NY
MANOLIS OFFICE/HOMES: Universal Phone Contact (Cell) 917-971-3201
44 Cocoanut Row, Palm Beach Towers, Palm Beach, Florida 33480 (9.15-5.15 seasonally)
344 Little Noyac Path, Watermill, New York 11976 (5.15-9.15 seasonally)
e-mail: steve.manolis@manoco.coms.