Biography                                                               Mark C. Ubelhart                                  Hewitt Associates

Mark consults in the fields of executive compensation and value-based management. This encompasses linking the principles of corporate finance and business valuation to a broad range
of people management topics related to attracting, motivating, and retaining talent, employee engagement, business education, performance measurement, and goal setting. It also involves
leading Hewitt’s efforts to work with financial professionals, academics, and corporate management on human capital issues and research. Mark is the architect of Hewitt’s Human Capital Foresight™ methodology linking fact-based data and metrics, predictive analytics, and business results.

Mark has written several articles including “Business Strategy, Performance Measurement, and Compensation,” “Case Studies of Shareholder Value Incentives,” and “Measuring the Immeasurable” in two summer 2001 issues of Shareholder Value Magazine.

Before joining Hewitt Associates, Mark was a Vice President and Division Administrator of a money center bank’s Corporate Financial Consulting Division. Under his leadership, this Division conducted numerous consulting engagements for clients in areas of financial strategy, valuation of debt and equity securities, recapitalizations, mergers and acquisitions, and cost of capital-based target rates
of return. He has 30 years of consulting experience in his fields.

Mark has a B.A. in Economics from Dartmouth College (Phi Beta Kappa) and an M.B.A. in Finance from the University of Chicago.