G. Leonard Teitelbaum

G. LEONARD TEITELBAUM is a Managing Director at Merrill Lynch Global
Securities, which he joined in 1980, where he follows the food and
agribusiness industries. He is currently the Global Coordinator for Food
& Agribusiness Research for Merrill Lynch. Formally Mr. Teitelbaum was
associated with Bankers Trust Company and with Morgan Bank. Prior to his
banking experience, he was associated with Seidman and Seidman,
Certified Public Accountants in New York City. Mr. Teitelbaum received
his BBA and MBA from the University of Michigan. As an undergraduate, he
majored in Industrial Relations and Marketing and as a graduate student
specialized in Finance and Accounting. Mr. Teitelbaum is a member of the
New York Society for Security Analysts, past President of the Consumer
Analyst Group of New York and a Fellow in the Financial Analysts
Federation.