Gary E. Hindes has been Chairman and Managing Member of The Delaware Bay Company, LLC since January, 2011.

    Mr. Hindes began his career in 1970 as what is believed to have been the youngest newspaper publisher in the United States.  At age 19, Mr. Hindes founded The Evening Standard Group, which published The Oak Forester and three other Chicago suburban weekly newspapers.  Mr. Hindes then became editor of the Edmond Sun in Edmond, Oklahoma.  From 1973 to 1975, Mr. Hindes was associate editor and chief investigative reporter for the Delaware State News in Dover, Delaware, where he won First Prize for Spot News Reporting and Second Prize (with staff) for investigative reporting from the Maryland-Delaware-District of Columbia Press Association.  From 1976 until 1978, Mr. Hindes served as press secretary to the county executive of New Castle County, Delaware and then as Assistant to the Speaker of the House during the 119th Delaware General Assembly.

    Mr. Hindes began his career in the securities industry in November of 1978 as a trainee at Blyth, Eastman Dillon & Co. In 1980, he became a Vice President of Paine, Webber, Jackson & Curtis, Inc. In 1981, he was elected a Vice President of Kidder Peabody & Co. and from 1983 to 1986 he was employed in the high net worth unit of Morgan Stanley. At Blyth, Eastman Dillon, Kidder Peabody and Morgan Stanley, Mr. Hindes specialized in researching the securities of bankrupt and distressed companies such as the Pennsylvania Railroad, Chrysler Corporation, Chrysler Financial Corporation, First Pennsylvania Bank, International Harvester Credit Corp., and Continental Illinois National Bank and Trust Company of Chicago.  In 1986, Mr. Hindes resigned from Morgan Stanley in order to form the Fallen Angels Fund, L.P., a private partnership investing in distressed securities.  Also that year, he founded The Delaware Bay Company, Inc., an institutional brokerage firm specializing in distressed securities.  Mr. Hindes sold his interest in The Delaware Bay Company, Inc. in 1996 and then served as liquidating trustee of the South Street Funds, a group of hedge funds with over $250 million in assets.  In 2000, Mr. Hindes joined Deltec Asset Management, LLC, where he founded and was the sole manager of Deltec Recovery Fund, L.P. until December 31, 2010.  Since January 1, 2011 until the present, Mr. Hindes has been chairman of The Delaware Bay Company, LLC, which manages a private investment partnership,

    In addition to having conducted extensive research into and invested in the securities of bankrupt and distressed companies, Mr. Hindes has also had considerable direct experience in the management and operations of such companies. Mr. Hindes served as chairman of the creditors committee in the McLean Industries bankruptcy and as a member of the creditors committee in the Circle Express and Western Union bankruptcies. He also served on the ad hoc committee of bondholders when the LTV Corporation was in bankruptcy proceedings and was chairman of the Bondholders Protective Committee during the Johns-Manville bankruptcy. In addition, Mr. Hindes was the Chairman of the Meritor/PSFS Bondholder Committee during the Philadelphia Savings Fund Society’s successful exchange offer in 1991. He has been quoted extensively in such publications as the Wall Street Journal; New York Times;  American Banker, Forbes and Business Week and has appeared on Bloomberg Television, CNBC and the CBS and NBC Evening News.  Mr. Hindes is a former member of the board of directors of Lancer Industries; Intranet Corp. and Busse Broadcasting, Inc. He presently serves as a director of Penn Treay American Corp.

    From 1982 to 2007, Mr. Hindes served as chairman of the board of trustees of Wilmington Head Start, Inc., a not-for-profit pre-school educational program for underprivileged inner-city children, and from 1993 to 2001 served by presidential appointment on the John F. Kennedy Center Advisory Council on the Arts. Mr. Hindes currently serves on the investment management committee of the United States Holocaust Memorial Museum and is a former member of the boards of directors of the Wilmington Housing Authority and the Delaware Theater Company.  He is a member of the Economic Club of New York, the Turnaround Management Association, and the Order of the First Families of Maryland.  He is also a life member of the Sons of the American Revolution and the NAACP.

    Leah A. Hartman is Director of Research.  She began her Wall Street career in 1987 when she joined Drexel Burnham Lambert Investment Banking in corporate finance.  She then spent nearly 20 years with CRT Capital Group in Stamford, CT (formerly Credit Research & Trading), as a distressed debt and equity analyst with particular focus on the consumer, biotechnology and medical technology sectors.  At CRT, she held lead supervisory responsibilities in the Research Group.  Ms. Hartman also served in a variety of senior management roles, including serving on the firm's Management Advisory Committee, the Investment Banking and Underwriting Commitment Committee, as well as on the Research Group's Compenation Committee.  Most recently, Ms. Hartman was Head of Research at SKY Harbor Capital Management in Greenwich, CT, a high-yield investment manager with broad market and short duration investment strategies.

    Throughout her career, Ms . Hartman has made numerous appearances on CNBC; MSNBC; Bloomberg Television, and Fox Business News and has been quoted frequently in a wide variety of business and financial publications.  She graduated with distinction from Indiana University with a B.S. in Business and majors in Finance and Economics; earned a J.D. from the Indiana University Robert H. McKinney School of Law, and received an M.B.A. from the University of Chicago's Booth School of Business.  Ms. Hartman currently serves as a Trustee and member of the Executive Board of the Hope Funds for Cancer Research, a foundation engaged in the support of early-stage post-doctoral cancer research and has served for more than 20 years as an advisor to the governing board of Kappa Alpha Theta Fraternity.