KENNETH G. CONDON 70 Cedar Woods Glen Home: 413-363-1759 West Springfield, MA 01089 Cell: 413-237-4491 kc11c94be@westpost.

net CHIEF FINANCIAL OFFICER VICE PRESIDENT, FINANCE AND ADMINISTRATION VICE PRESDIENT, BUSINESS DEVELOPMENT SENIOR-LEVEL FINANCIAL/OPERATIONS/GENERAL MANAGEMENT

A results-driven, firing-line tested chief financial officer and business partne r with an exceptional record of success in starting, building and turning around for-profit and not-for-profit businesses. Key strengths include: Breadth of Experience Extremely diverse background ranging from hands-on startu p to world-class university, public and private companies for-profit and not-for -profit with operating budgets ranging from $1M to $1.4B. Experience includes b oard reporting and board participation as a SOX 404 qualified financial expert. Seasoned Business Partner Tested under fire for sound business judgment and per spective. Experience with high-pressure entrepreneurial startups and firefighti ng, as well as leading multiple organizational turnarounds. Financial Toolkit Complete financial toolkit including accounting (FASB, GAAP), capital expenditure management, financing, bank relations, budgeting, audit wit h broader responsibilities including real estate/facilities, insurance, purchasi ng, Human Resources/labor relations, pension and benefit plans, security, risk m anagement and benefits. Financing Extensive and innovative experience in merger, divestiture and acquis ition financings and innovative tax-exempt and taxable transactions including va riable and fixed-rate debt, commercial paper, IPOs and secondary offerings, rece ivables financing and securitization while utilizing sophisticated hedging and d erivative strategies to minimize risk. Interpersonal/Communications A highly persuasive communicator and exceptional n egotiator with extensive teaching, speaking and writing experience, highly effec tive with boards and major clients and donors, as well as with cultures across t he globe. Leadership and Management Experience leading, managing and energizing high-perf ormance teams of up to 1400 employees. Demonstrated ability to hire superior ca ndidates, mentor and develop, and delegate while setting very high performance s tandards. Professional Profile Very hard working, pragmatically creative with a very stro ng get it done mentality, catching enthusiasm and very strong sense of ethics.

SIGNIFICANT ACCOMPLISHMENTS Innovative Financing Issued over $1.8 billion in short-term and long-term taxa ble and tax exempt debt with unique features embedded in their structures ($100 million interest only bonds, 60 year interest only tax exempt bonds with bullet

payments at maturity, taxable commercial paper issued and also utilized as a cas h management tool, etc.) Driving Organizational Growth Helped grow Boston University to a world-class, globally recognized institution. Financed the growth of real estate square foot age from 4.9 million to over 15.4 million square feet, supported endowment growt h from approximately $280 million to over $1.1 billion and revenue growth from a pproximate $80 million to over $1.4 billion. Assisted in growth of research fun ding from the federal government from $18 million to over $340 million. Financial Infrastructure Improvement Led installation of a new general ledger system and other new accounting systems as well as a human resources system. Cr eated a professional collection department. Achieved 32 consecutive years of op erating surpluses aggregating over $840 million. Entrepreneurial Finance Identified and executed strategies to raise funding fo r Insmed, Inc., a biotech company, to conduct further research and clinical tria ls. Put the company in a position to raise capital and took it public in a reve rse merger as the only financial person on the Board of Directors. Advised on t he sale of an $8M manufacturing facility to a major pharmaceutical company for $ 130M, thus providing significant cash for the company. Directorship Contribution As a director, member of the executive committee, ch air of the audit committee for Seragen, a biotech company, addressed funding req uirements for clinical trials on a new drug. Spearheaded numerous private and p ublic financings including venture capital investments, IPO and eventual sale to a domestic pharmaceutical company. Victims of Non-Hodgkins cutaneous T-cell ly mphoma now have a drug to arrest and in some cases cure the disease. Financial/Operational Turnaround Turned around financial and operational perfo rmance at American International College. Installed new computer systems (payro ll, personnel), professionalized staff in Human Resources and Finance department s. Financed new capital projects. Managed recovery from near-bankruptcy ($5M l oss) in 2005 to the highest operating surplus ever ($2.5M+) in ten years for fis cal year 2009. Innovative Debt Financing Developed innovative strategies to enable Boston Uni versity to expand research programs and grow the college. Borrowed monies to fu nd projects and supervise construction to assure minimal overruns. Achieved pos itive project cash flow within two years of construction. Enabled the college t o increase enrollments with higher quality students and increase research fundin g by over 20x. Superior Performance/Revenue Generation Took on commitments made by two partne rs at Arthur Anderson to complete audits for Perini Corporation (Framingham, MA) and New Hampshire Savings Bank (Concord, NH). Worked essentially two 40-hour w eek jobs per week and completed audits/financial statements for both clients. M et deadlines set by both partners/managers while achieving high client satisfact ion. Number two in overtime billable hours for last two years at Arthur Anderso n System & Company (public accounting firm).

PROFESSIONAL EXPERIENCE Candidate for Massachusetts State Senate 2010

American International College Chief Financial Officer 20072010 Chief Financial Officer responsible for business affairs, budgets, investments, financial analysis, financial aid, human resources, banking relations, insurance , pensions and real estate acquisitions for this four-year college with one of t he highest percentage of minority students in the United States. Boston University Vice President for Financial Affairs and Treasurer 19752007 Associate Vice President for Financial and Business Affairs Comptroller Manager of Unrestricted Funds/Comptrollers Office Instructor of Finance Numerous promotions under the administration of Dr. John Silber, University Pres ident. Ultimately oversaw a $1.4B operating budget and a $1B+ investment portfo lio. Ultimately led and managed an organization of 1,400 employees in financial affairs, comptrollers office, grants and contracts, accounting, treasury/cash m anagement, debt financing and investments/internal audit, purchasing, security, health clinic, real estate and leasing. Chaired the University Fringe Benefit Committee, Handicap Assistance Committee a nd University Security Committee; arranged numerous innovative taxable and tax-e xempt debt financings; managed a $1B+ portfolio including numerous entrepreneuri al ventures, a bookstore, a hotel, TV and radio stations. Expanded the organiza tions real estate portfolio from 4.9 million to 15.6 million square feet. Arthur Anderson & Company Senior Accountant 19711975 Planned and managed audits of manufacturing, construction, bank, mutual funds, i nsurance and other service corporations including the preparation of financial s tatements, SEC reports (10k, S-1 registration statements, etc.) and the completi on of federal and state income tax returns. EDUCATION MBA, Finance and Investments Wharton School, University of Pennsylvania 1971 BA, Economics and Mathematics Tufts University 1969 CPA and CFP (inactive) DIRECTORSHIPS Director, Chairman of Audit Committee, Insmed Pharmaceuticals, Inc. (publicly tr aded biotech firm) Chairman and Director, Bay Funds ($2.8B mutual fund group) 19921996 Former Member, Bay Bank Trust Board Former Director, BayBank Harvard Trust Company, Audit Committee Chairman Former Director, Chapter Secretary, Treasurer and President, Financial Executive s Institute, MA chapter Former Trustee, Executive Committee, Chairman of Finance/Audit Committee, Newbur y College Former Director and Chairman of Audit Committee, Seragen, Inc., Periodontix, Inc . Complete list of board, professional and community activities available upon req uest. ADDITIONAL INFORMATION

Financial consultant to Cambridge College, Cambridge, MA Financial consultant to Marine Biological Laboratory, Woods Hole, MA Chairman, Greater Boston Eastern Association of College and University Business Officers (EACUBO) Director, Boston University Communications, Inc. (WABU, TV Channel 68) American Ireland Fund Committee Member Red Sox Hall of Fame Committee Executives Club Boston Chamber of Commerce