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Paul
Buxbaum
Jim Siebersma
Stevan Buxbaum
David Buxbaum
Arnold M. Rubenstein
John Trowbridge

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Paul M. Buxbaum, Principal
Paul Buxbaum, Chairman and CEO of Buxbaum Group, has been a partner
in Buxbaum Group and its successor companies for 25 years. Through
his family and successor companies, Mr. Buxbaum is a veteran of
the insolvency industry and literally grew up in the liquidation
business.
Mr. Buxbaum originally joined Buxbaum & Associates in 1977.
He departed in 1980 to become the operating partner of Clothing
Clearance Centers, a successful chain of off-price men's apparel
stores in the Los Angeles area. He sold the business and returned
to the newly named Buxbaum Ginsberg & Associates full-time in
1983. Mr. Buxbaum obtained majority interest in the company in 1995
and has since acquired the remaining interest from the minority
partner in 1997 to become sole owner and CEO. He changed the name
of the company to Buxbaum Group in 1997.
Mr. Buxbaum has served on the Board of various public and private
companies. These include having been appointed Chairman of the board
from 1993 to 1998 of Ames Department Stores, a 400-plus store chain
with sales in excess of $4 billion annually. Mr. Buxbaum also served
as CEO of Global Health Sciences, Orange, CA, a manufacturer and
packager of nutritional supplements and herbal-based products with
$250 million in revenues. Mr. Buxbaum is also a former Board member
(1990-1996) of Herbalife International, Los Angeles, CA (HERBA;
NASDAQ), a $1 billion sales organization of nutritional supplements
and herbal-based products. He was advisor to the Chairman/President;
and past chairman of the Audit, Compensation, Finance and Business
Development committees. Past Board appointments included Richman-Gordman
"Half-Price" Stores, (1994-1997) headquartered in Omaha,
NE with 32 retail outlets; Lamont's Apparel (1994-1998), Kirkland,
WA, a family apparel and home accessories retail chain with 38 locations,
and Jay Jacobs (Chairman and Director 1995-1998), Seattle, WA, a
former apparel specialty store with 135 locations. Mr. Buxbaum attended
California State University at Northridge.
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