People: Ares Commercial Real Estate Corp (ACRE.N)

Summary

Name	Age	Since	Current Position
Michael Arougheti	39		Non-Executive Chairman of the Board
Bruce Cohen	50		President, Chief Operating Officer
John Bartling		2013	Co-Chief Executive Officer, Director
Tae-Sik Yoon	43	2012	Chief Financial Officer
Timothy Smith	55		Vice President, Secretary and Senior Associate General Counsel
Michael Weiner	59		Vice President, General Counsel
Daniel Nguyen	40		Treasurer
Robert Rosen	65		Director
John Bryant	46		Independent Director
Michael Diamond	70		Independent Director
Jeffrey Hinson	58		Independent Director
Paul Joubert	64		Independent Director
Todd Schuster	52	2013	Co-Chief Executive Officer, Director
Brett White	53	2013	Independent Director

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Biographies

Name	Description
Michael Arougheti	Mr. Michael J. Arougheti serves as Non-Executive Chairman of the Board of Ares Commercial Real Estate Corp. He serves on the Investment Committee. He has served as President of Ares Capital Corporation since May 2004 and as a director since 2009. Mr. Arougheti joined Ares Management in May 2004 and is a founding member and Senior Partner of Ares Management, where he serves as a member of the Executive Committee of Ares Partners Management Company LLC, or APMC, which indirectly controls Ares Management. He also serves as a member of the Investment Committee of Ares Capital Management LLC, the investment adviser of Ares Capital Corporation and a wholly owned subsidiary of Ares Management, as a member of the Ares Private Debt Investment Committee and the Investment Committee of Ares Capital Europe, Ares Management's European Private Debt business, and may from time to time serve as an officer, director or principal of entities affiliated with Ares Management or of investment funds managed by Ares Management and its affiliates. From 2001 to 2004, Mr. Arougheti was employed by Royal Bank of Canada, where he was a Managing Partner of the Principal Finance Group of RBC Capital Partners and a member of the firm's Mezzanine Investment Committee. He joined Royal Bank of Canada in October 2001 from Indosuez Capital, where he was a Principal and an Investment Committee member, responsible for originating, structuring and executing leveraged transactions across a broad range of products and asset classes. Prior to joining Indosuez in 1994, Mr. Arougheti worked at Kidder, Peabody & Co., where he was a member of the firm's Mergers and Acquisitions Group. He also serves on the boards of directors of Investor Group Services, Riverspace Arts, a not-for-profit arts organization and Operation Hope, a not-for-profit organization focused on expanding economic opportunity in underserved communities through economic education and empowerment. He received a B.A. in Ethics, Politics and Economics, cum laude, from Yale University.
Bruce Cohen	Mr. Bruce R. Cohen serves as President, Chief Operating Officer of Ares commercial Real Estate Corp. He serves as a Senior Partner of the Ares Private Debt Group, is a member of Manager's Investment Committee and chairs its Underwriting Committee. Prior to joining Ares Management in August 2011, Mr. Cohen served as Chairman of the Board and Chief Executive Officer of Wrightwood Capital LLC, which he founded in 2004. Mr. Cohen is currently a member of the Board of Managers of Wrightwood Capital LLC. From December 1990 to May 2004, Mr. Cohen was with Cohen Financial LP and its predecessor, a national real estate finance and investment company. While at Cohen Financial LP, Mr. Cohen was the co-Managing Member of the General Partner and the firm's Chief Investment Officer. In this capacity, he was responsible for the investment management and capital deployment activities of Cohen Financial and the funds it managed. Mr. Cohen is a member of the Urban Land Institute, the Pension Real Estate Association and the Real Estate Roundtable, where he formerly served as the Co-Chair of the Real Estate Capital Policy Advisory Committee and Chair of the Research Committee. In addition, Mr. Cohen is a member of The Economic Club of Chicago, and serves on the Real Estate Advisory Board of the Kellogg School of Management at Northwestern University. Mr. Cohen has been a guest lecturer at the University of Chicago Booth School of Business, Harvard Business School, Kellogg School of Management and University of Wisconsin Graduate School of Business. Mr. Cohen holds an M.B.A. from the University of Chicago and a B.A. from Tufts University.
John Bartling	Mr. John B. Bartling, Jr., serves as Co-Chief Executive Officer, Director of Ares Commercial Real Estate Corp. He serves as a Senior Partner of the Ares Private Debt Group, chairs Manager's Investment Committee and serves on Manager's Underwriting Committee. He is Global Head of Real Estate for Ares Management. From May 2007 to September 2010, he was Managing Partner and Chief Investment Officer of AllBridge Investments, a portfolio company of Ares Capital Corporation. He took Walden private as CEO in 2000, and sold it in March 2006 to a subsidiary of Dubai Investment Group. From December 1995 to October 1999 he served as the CEO and President for Lexford, f/k/a Cardinal Realty, a publicly traded, fully integrated multifamily REIT. Before Lexford, he served as Director of the Real Estate Products Group of Credit Suisse First Boston. Prior to CSFB, he served as an Executive Vice President of NHP Incorporated. Mr. Bartling's previous professional experience also includes Trammell Crow Residential, as a Development Principal, and Mellon Bank, N.A. as a Vice President of the Commercial Mortgage Banking Group. He has served on the Board of Directors of APGM, the Children's Hospital Research for Ohio State University, the Harvard Joint Center for Housing Studies: Leadership Forum on Pension Fund and Endowment Investments in Domestic Emerging Markets, Big Brothers and Big Sisters Association of Columbus, Ohio and the NMHC Board of Directors. He has served on the Executive Council and as Chairman of the Finance Committee for the National Multi Housing Council. Currently, He is a member of Real Estate Round Table and on the Board of Directors of Texas Real Estate Council. He was the co-founder of Caring Partners for Kids, awarded the 2004 Community Service Award by Multifamily Executive, and served on the Strategic Planning Committee of Saint Michael and All Angels Episcopal Church in Dallas. He received a B.S. in Marketing from Robert Morris College in Pittsburgh, Pennsylvania.
Tae-Sik Yoon	Mr. Tae-Sik Yoon has been appointed as Chief Financial Officer of Ares Commercial Real Estate Corp., effective July 09, 2012. Mr. Yoon has more than 19 years of commercial real estate finance, investment banking and legal experience with private and public companies. Most recently, Mr. Yoon served as Senior Vice President of Akridge, a privately held commercial real estate investment and services company, where he was responsible for its capital markets activities, including the development of funds, joint ventures and capital relationships. Prior to that, Mr. Yoon held various positions at J.E. Robert Company, Inc. and its affiliates, including as Managing Director and Chief Financial Officer, and was involved in the formation and management of several real estate private equity funds, a public commercial mortgage real estate investment trust (JER Investors Trust Inc.) and the firm's operating platforms in the U.S. and abroad. Mr. Yoon also served in the real estate investment banking group at Morgan Stanley & Company and was an attorney at the law firm of Williams & Connolly LLP.
Timothy Smith	Mr. Timothy B. Smith serves as Vice President, Secretary and Senior Associate General Counsel of Ares Commercial Real Estate Corp. He serves as Senior Associate Counsel of the Ares Commercial Real Estate Group and serves on Manager's Underwriting Committee. Mr. Smith joined Ares Management in September 2010 in the Real Estate Group and serves as Associate General Counsel of Ares Management. Before joining Ares Management, Mr. Smith served as Managing Director and General Counsel for AllBridge Investments from January 2009 to September 2010. Prior to AllBridge, Mr. Smith was a Partner and General Counsel for Olympus Real Estate Partners from July 1996 to December 2008. From June 1992 to December 1995, Mr. Smith served as General Counsel and from January 1996 to June 1996 he served as Chief Operating Officer for GE Capital Realty Group. Prior to GE Capital, Mr. Smith served as Executive Vice President and Director of Legal Services of FGB Realty Advisors from July 1990 to June 1992. Prior to FGB, Mr. Smith served as Regional Counsel for the Dallas Region of the Federal Asset Disposition Association from May 1986 to December 1989. Before FADA, Mr. Smith practiced real estate and tax law with a law firm in Dallas, Texas. Mr. Smith received a B.B.A. in Accounting with highest honors and a J.D. with honors from the University of Texas at Austin and an L.L.M. in Taxation from Southern Methodist University and is a Certified Public Accountant.
Michael Weiner	Mr. Michael D. Weiner serves as Vice President, General Counsel of Ares Commercial Real Estate Corp. Mr. Weiner is also Vice President, General Counsel and Chief Legal Officer of Ares Management, and may from time to time serve as an officer, director or principal of entities affiliated with Ares Management or of investment funds managed by Ares Management and its affiliates. He has also served as a Vice President of Ares Capital Corporation since July 2011. From September 2006 to January 2010, Mr. Weiner served as General Counsel of Ares Capital Corporation and from April 2011 to July 2011 Mr. Weiner served as the Chief Compliance Officer of Ares Capital Corporation on an interim basis. Mr. Weiner joined Ares Management in September 2006. Previously, Mr. Weiner served as General Counsel to Apollo Management L.P. and had been an officer of the corporate general partner of Apollo since 1992. Prior to joining Apollo, Mr. Weiner was a partner in the law firm of Morgan, Lewis & Bockius specializing in corporate and alternative financing transactions, securities law as well as general partnership, corporate and regulatory matters. Mr. Weiner has served and continues to serve on the boards of directors of several public and private corporations. Mr. Weiner also serves on the Board of Governors of the Cedars Sinai Medical Center in Los Angeles. Mr. Weiner graduated with a B.S. in Business and Finance from the University of California at Berkeley and a J.D. from the University of Santa Clara.
Daniel Nguyen	Mr. Daniel F. Nguyen serves as Treasurer of Ares Commercial Real Estate Corp. He serves as Chief Financial Officer of the Manager. Mr. Nguyen joined Ares Management in August 2000 and currently serves as an Executive Vice President and the Chief Financial Officer of Ares Management. He has also served as a Vice President of Ares Capital Corporation since December 2010. From March 2007 to December 2010, Mr. Nguyen served as Treasurer of Ares Capital Corporation and from August 2004 to March 2007, as Chief Financial Officer of Ares Capital Corporation. From 1996 to 2000, Mr. Nguyen was with Arthur Andersen LLP, where he was in charge of conducting business audits on numerous financial clients, performing due diligence investigation of potential mergers and acquisitions, and analyzing changes in accounting guidelines for derivatives. At Arthur Andersen LLP, Mr. Nguyen also focused on treasury risk management and on mortgage backed securities and other types of structured financing. Mr. Nguyen graduated with a B.S. in Accounting from the University of Southern California's Leventhal School of Accounting and received an M.B.A. in Global Business from Pepperdine University's Graziadio School of Business and Management. Mr. Nguyen also studied European Business at Oxford University as part of the M.B.A. curriculum. Mr. Nguyen is a Chartered Financial Analyst and a Certified Public Accountant.
Robert Rosen	Mr. Robert L. Rosen serves as Director of Ares Commercial Real Estate Corp. Mr. Rosen is managing partner of RLR Capital Partners, which invests principally in the securities of publicly traded North American companies. From 1987 to present, Mr. Rosen has been CEO of RLR Partners, LLC, a private investment firm with interests in financial services, healthcare media and multi-industry companies. He has served as a director of Ares Capital Corporation since 2004. Mr. Rosen served from 2003 until 2005 as co-Managing Partner of Dolphin Domestic Fund II. In 1998, Mr. Rosen founded National Financial Partners ("NFP"), an independent distributor of financial services to high net worth individuals and small to medium-sized corporations. He served as NFP's CEO from 1998 to 2000 and as its Chairman until January 2002. From 1989 to 1993, Mr. Rosen was Chairman and CEO of Damon Corporation, a leading healthcare and laboratory testing company that was ultimately sold to Quest Diagnostics. From 1983 to 1987, Mr. Rosen was Vice Chairman of Maxxam Group. Prior to that, Mr. Rosen spent twelve years at Shearson American Express in positions in research, investment banking and senior management, and for two years was Assistant to Sanford Weill, the then Chairman and CEO of Shearson. Mr. Rosen holds an M.B.A. in finance from NYU's Stern School.
John Bryant	Mr. John Hope Bryant serves as an Independent Director of Ares Commercial Real Estate Corp. Mr. Bryant is the founder, chairman, and chief executive officer of Operation HOPE, America's first non-profit social investment banking organization which began in May 1992 and operates as a global provider of financial dignity and economic empowerment tools and services to low-wealth individuals. Mr. Bryant is also the founder and chief executive officer of Bryant Group Companies, Inc., a private holding company which began in 1991 and invests principally in its own operations, partnerships, companies and opportunities, including Bryant Group Real Estate, LLC. Recently, Mr. Bryant was appointed by U.S. President Barack Obama as the Chairman of the Subcommittee on the Underserved and Community Empowerment for the President's Advisory Council on Financial Capability. Mr. Bryant is also the bestselling author of LOVE LEADERSHIP: The New Way to Lead in a Fear-Based World. He was the recipient of an Honorary Doctorate Degree of Human Letters from Paul Quinn College of Dallas, TX, in April 2008.
Michael Diamond	Mr. Michael H. Diamond serves as an Independent Director of Ares Commercial Real Estate Corp. Mr. Diamond is currently the sole member and employee of MHD Group LLC, a business that was founded by Mr. Diamond in November 2007 to provide consulting and witness services. Since 1994, Mr. Diamond has also been the Corporate Secretary and a member of the Board of Directors of Neu Holdings, Inc., a holding company that owns entities in the shipping and real estate industries. Prior to founding MHD Group LLC, Mr. Diamond was a partner at the law firm of Milbank, Tweed, Hadley & McCloy from June 2000 to October 2007. Mr. Diamond is a graduate of Brown University and holds a J.D. from Columbia University Law School where he graduated magna cum laude.
Jeffrey Hinson	Mr. Jeffrey T. Hinson serves as an Independent Director of Ares Commercial Real Estate Corp. Mr. Hinson is currently the President of YouPlus Media, LLC, a position which he has held since June 2009. From July 2007 to July 2009, Mr. Hinson was the President and Chief Executive Officer and a member of the board of directors of Border Media Partners, LLC. Prior to joining Border Media Partners, LLC, Mr. Hinson served as a financial consultant from January 2006 to July 2007. From March 2004 to June 2005, he was the Executive Vice President and Chief Financial Officer of Univision Communications, a Spanish language media company in the United States, where he later acted as a consultant from July 2005 to December 2005. Mr. Hinson has also served as Senior Vice President and Chief Financial Officer of Univision Radio, the radio division of Univision Communications, from September 2003 to March 2004. From 1997 to 2003, Mr. Hinson served as Senior Vice President and Chief Financial Officer of Hispanic Broadcasting Corporation, which was acquired by Univision Communications in 2003. Currently, Mr. Hinson serves as a director and Chairman of the Audit Committees for Windstream Corporation, LiveNation Entertainment, Inc., and Tivo, Inc. He is also a member of the Governance Committee of Windstream Corporation and a member of the Strategy Committee of Tivo, Inc. Mr. Hinson holds a B.B.A and an M.B.A. from the University of Texas at Austin.
Paul Joubert	Mr. Paul G. Joubert, CPA serves as an Independent Director of Ares Commercial Real Estate Corp. He is the Founding Partner of EdgeAdvisors, a privately held management consulting organization where he has been employed since June 2008. Since July 2008, Mr. Joubert has also served on the Board of Directors and as the Audit Committee Chairman of Stream Global Services Inc., a public company. From 1971 until he joined EdgeAdvisors, Mr. Joubert held various positions at PricewaterhouseCoopers LLP, or PWC, an international consulting and accounting firm. During his tenure at PWC, Mr. Joubert served as a Partner in the firm's Assurance practice and led its Technology, InfoCom and Entertainment practice for the Northeast region of the United States. Prior to that, he served as Partner-in-Charge of PWC's Northeast Middle Market Group and Chief of Staff to the Vice-Chairman of PWC's domestic operations. From May 2009 to September 2010, Mr. Joubert served on the Board of Directors of Phaseforward, a publicly traded company that was acquired by Oracle in the fall of 2010. He has also been involved with a number of professional organizations, including the Boston Museum of Science, the National Association of Corporate Directors, the National Council for Northeastern University and the American Institute for Certified Public Accountants. Mr. Joubert holds a B.A. from Northeastern University.
Todd Schuster	Mr. Todd Schuster serves as Co-Chief Executive Officer, Director of Ares Commercial Real Estate Corp. He has been appointed as Co-Chief Executive Officer of the company effective June 1, 2013. Mr. Schuster was the founder, principal and a Member of the Board of Managers of CW Financial Services and led its merger in September 2002 with a subsidiary of the Caisse de depot et placement du Quebec. He also served as the company's Chief Executive Officer from its inception in 1991 until January 2009. CW Financial Services operated primarily through three subsidiaries: CWCapital, which provided financing to owners of multifamily and commercial real estate, CWCapital Investments, which provided high yielding commercial real estate debt opportunities to institutional investors, and CWCapital Asset Management. Prior to founding CW Financial Services, Mr. Schuster was employed by Salomon Brothers and Bankers Trust in their respective Commercial Mortgage Finance units. He is also involved in local charities and is an advisor to the Indian Institute for Sustainable Enterprise in Bangalore, India. Mr. Schuster holds a B.A. from Tufts University.
Brett White	Mr. Brett White has been appointed as Independent Director of Ares Commercial Real Estate Corporation effective April 25, 2013. Mr. White was the chief executive officer of CBRE Group, Inc., from June 2005 until his retirement on November 30, 2012, after which time he joined Blum Capital Partners, L.P., as a Managing Partner. Mr. White also served as CBRE’s president from September 2001 to March 2010. CBRE Group is a Fortune 500 and S&P 500 company listed on the New York Stock Exchange. Mr. White served as a member of the board of directors of CBRE Group and its predecessor company from 1998 until his appointment to the Company’s board of directors. Prior to becoming CBRE’s president, Mr. White was chairman of the Americas of CB Richard Ellis Services, Inc. from 1999 to 2001 and was its president of brokerage services from 1997 to 1999. Prior to that, Mr. White held various sales and management positions beginning in 1984. Mr. White serves as a member of the board of directors of Realogy Holdings, Corp., Edison International and its wholly owned subsidiary, California Edison Company, a California public utility company. Mr. White is a trustee of the University of San Francisco, and he has been involved in a number of civic and charitable organizations, including the Los Angeles Museum of Contemporary Art and Junior Achievement.

Basic Compensation

Name	Fiscal Year Total
Michael Arougheti	--
Bruce Cohen	--
John Bartling	--
Tae-Sik Yoon	--
Timothy Smith	--
Michael Weiner	--
Daniel Nguyen	--
Robert Rosen	--
John Bryant	--
Michael Diamond	--
Jeffrey Hinson	--
Paul Joubert	--
Todd Schuster	--
Brett White	--

As Of

Options Compensation

Name	Options	Value
Michael Arougheti	0	0
Bruce Cohen	0	0
John Bartling	0	0
Tae-Sik Yoon	0	0
Timothy Smith	0	0
Michael Weiner	0	0
Daniel Nguyen	0	0
Robert Rosen	0	0
John Bryant	0	0
Michael Diamond	0	0
Jeffrey Hinson	0	0
Paul Joubert	0	0
Todd Schuster	0	0
Brett White	0	0

Insider Trading

Name	Shares Traded	Price
BRYANT JOHN HOPE	13	$17.03
BRYANT JOHN HOPE	650	$16.87
BRYANT JOHN HOPE	2	$16.88
COHEN BRUCE R	5,000	$16.68
ROSEN ROBERT L	5,000	$16.49
BARTLING JOHN BRAM JR	4,400	$16.48
AROUGHETI MICHAEL J	46,800	$16.44
BRYANT JOHN HOPE	304	$16.89
YOON TAE SIK	25,000	$0.00
ROSEN ROBERT L	5,000	$0.00
ROSEN ROBERT L	2,027	$0.00
ROSEN ROBERT L	3,100	$17.35
ROSEN ROBERT L	1,900	$17.50
COHEN BRUCE R	10,000	$17.56
BARTLING JOHN BRAM JR	3,034	$17.00
DAVIS RICHARD S	4,000	$16.94
BARTLING JOHN BRAM JR	3,033	$16.80
DAVIS RICHARD S	1,000	$16.50
BARTLING JOHN BRAM JR	3,033	$16.40
HINSON JEFFREY T	2,027	$0.00
BRYANT JOHN HOPE	2,027	$0.00
DIAMOND MICHAEL H	5,000	$0.00
SCHUSTER TODD	2,027	$0.00
BRYANT JOHN HOPE	5,000	$0.00
ARES INVESTMENTS HOLDINGS L L C	500,000	$18.50

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People: Ares Commercial Real Estate Corp (ACRE.N)

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Summary

Biographies

Basic Compensation

Options Compensation

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