People: Angiotech Pharmaceuticals Inc (ANPMF.PK)

Mr. Kurt M. Cellar serves as Independent Co-Chairman of the Board of Angiotech Pharmaceuticals Inc. Since January 2008, Mr. Cellar has been a consultant and board member to companies in a variety of industries as well as a private investor. He also serves on the board of directors for Aventine Renewable Energy, Hawaiian Telcom, Six Flags Entertainment, US Concrete and Vertis Communications. Previously Mr. Cellar worked for the hedge fund Bay Harbour Management, L.C. (“Bay Harbour”). He was partner and portfolio manager from 2003 until his departure. During his tenure at Bay Harbour, the fund won many investor awards including The Absolute Return “Hedge Fund of the Year” award in 2006. Prior to Bay Harbour, Mr. Cellar was with the private equity firm Remy Investors & Consultants, Inc. Prior to that, he was a strategy consultant at LEK/Alcar.