Management

James M. Tabacchi, President and CEO, CMET:  Since 1980 Mr. Tabacchi has worked in various customer interface and business head positions within the Investment, Corporate, and Consumer Banking Divisions of Citicorp/Citibank.  In 1987 he became the regional business manager for the NE Division of Citicorp Mortgage, Inc.  In 1989 he was a Division Financial controller in Citicorp's North American Investment Bank.  During 1990 Mr. Tabacchi was asked to manage the day-to-day operations of Citibank's Municipal Trust business.  He then joined the Finance Desk in 1992, and was named Treasurer of Citicorp Securities, Inc. in 1995.  He initiated an off balance sheet engineering effort to securitize Citicorp's fixed income business.  In 1998, became co-head of the Primary Dealer desk, accountable for over $50 billion in assets.  In addition, Mr. Tabacchi was responsible for expanding the Structured Finance Group, which had become the cornerstone of Citibank's fixed income business plans prior to the Citicorp-Travelers merger. In 1999 he co-founded CMET.  Mr. Tabacchi's NASD registrations include Series 7, 63, 27 and 24

Timothy G. Jung, CFO CMET Holdings and CMET Finance: Mr. Jung is responsible for overseeing all the financial activities of the Company such as financial control, planning and analysis, systems and reporting. Mr. Jung holds a MBA from Fordham University and Bachelors of Science in Accountancy from Villanova University. He has been a CPA since 1990 and has +20 years across a broad array of financial services products for multinational financial institutions. Prior to joining CMET in 2008, Mr. Jung was the Global Financial Controller for Barclaycard based in London and held various finance positions at Citigroup in New York, Frankfurt and Tokyo.

David DeBlase, Vice President and CRO, South Street Securities:  Mr. DeBlase is responsible for overseeing all the financial activities of the Company, as well as, the investment of excess capital. Additionally, he serves as the Chief Compliance Officer for all regulatory reporting, and compliance programs at South Street Securities. Mr. DeBlase attended Hofstra University where he holds a B.B.A. in Banking Finance.  He has more than ten years experience in the capital markets and treasury fields. Mr. DeBlase joined Citibank in 1992 managing the operation staff for the Government and MBS trading desks. In 1995 he was promoted to Vice President responsible for running the middle office. His last assignment was project management and system implementation for Citibank Corporate Treasury. Mr. DeBlase currently, holds a series 7, 63, 24, and 27.

Donald Webbe, Senior Vice President & COO, CMET: Mr. Webbe worked at Citigroup from 1986 until 2001. As Vice President at Citigroup he was responsible for a number of back-office and middle-office functions. His responsibilities included oversight of finance, funding, and futures operations, as well as domestic and international clearance. He also was integral to several highly sophisticated securitization projects. Mr. Webbe had extensive interaction with operations groups supporting foreign exchange and derivatives. Mr. Webbe holds NASD registrations in Series 27, 7, and 63.

Jose P. Vega, Managing Director and Portfolio Manager, South Street Securities: Mr. Vega joined CMET in May of 2005, and his responsibilities include portfolio trading for South Street Securities and credit trading concept development in support of CMET’s Derivative Hedging Facility. His background includes 15 years of professional experience in capital markets sales and trading, most recently in the Capital Markets division of the Royal Bank of Canada (‘RBC’). While at RBC, Mr. Vega designed a $3B Tri-party Repo facility and traded a $1B fixed and floating rate note corporate securities portfolio. In addition, he identified and sourced third-party assets and liquidity for RBC’s accrual and trading portfolios, and created various distribution channels in the US and Latin America for global markets sales and trading. Mr. Vega was also a member of RBC’s Asset & Liability Committee. His previous experience includes developing the finance module for the fixed income securities subsidiary of Dresdner Bank, and trading a short duration proprietary trading portfolio at the securities subsidiary of Fuji Bank. Mr. Vega began his professional career in the Global Finance and arbitrage group at Citicorp Securities upon completing the Citibank N.A. Management Associate Program in 1990. While at Citicorp, he established a $3B whole loan funding and liquidity vehicle for the MBS trading desk, and traded a $4B MBS matched book in support of client financing needs. Mr. Vega is NASD Series 7 and 63 certified..

Stephanie Pucci, Managing Director, South Street Securities:  Ms. Pucci joined CMET in January of 2001, and is responsible for managing the day-to-day business activities of South Street as well as serving as its chief portfolio strategist. In addition, she is responsible for validation of the broker-dealer’s financial statements and regulatory reporting. Ms. Pucci was previously employed by Citicorp from 1994, and worked on both the Government Securities Cash Desk and Treasury Finance Desk. While at Citibank, her duties included responsibility for US general collateral and the Canadian dollar books. Ms. Pucci also headed-up Citibank’s non-dollar repo desks (Italian, German) in London. Ms. Pucci completed her MBA with St. John’s University in Rome, Italy and is NASD Registered Series 7, 63, 24, 27.

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