C. A. Dillon

C. A. ‘CHIP’ DILLON III, is a Managing Director of Smith Barney
Inc. and the Senior North American Paper and Forest Products
Industry Analyst in the Equity Research Department. He is a
Chartered Financial Analyst and a past President of the Paper and
Forest Products Analysts Group of New York. He consistently ranks
highly in the major polls/surveys of U.S. Paper and Forest
Products Analysts, including a No. 1 ranking on five occasions in
the Institutional Investor poll. In addition, he is the only US
Paper and Forest Products Analyst to be inducted into the Wall
Street Journal Analyst ‘Hall of Fame.’ Prior to joining Smith
Barney predecessor Salomon Brothers in August 1992, he covered
the industry at First Manhattan Co. and, on the buy side, at J.P.
Morgan Fleming Investment Management. He also has been associated
with Bankers Trust Company. Mr. Dillon earned a BS from the
University of North Carolina in 1980, and an MBA from Columbia
University in 1986.