Kevin Schwartz was appointed to the board of Costa in October 2011. He is a nominee of the Paine + Schwartz Partners Shareholder. Mr Schwartz is the president, and was one of the founding members, of Paine + Schwartz Partners, a private equity firm which together with its predecessor firm (Fox Paine and Company) has managed over US$3.6 billion on behalf of leading global financial institutions and investors. He has previous work experience at Fox Paine & Company, Freemont Partners, American Industrial Partners and Goldman Sachs. Mr Schwartz sits on the boards of Verdesian Life Sciences and Sunrise Holdings (Delaware). He was a board member of Icicle Seafoods, The Stabilus Group of Companies, Seminis, Advanta, VCST Industrial Products and United American Energy.