Daniel Allen has been a director since December 2016. He is a Partner and Senior Portfolio Manager at Anchorage Capital Group, L.L.C., a New York-based registered investment adviser. Mr. Allen joined Anchorage in August 2008 and has served as President for the firm since September 2015. Effective as of February 1, 2020, Mr. Allen will retire from Anchorage and will become a Senior Advisor to the firm. Mr. Allen is a member of the Securities and Exchange Commission’s Fixed Income Market Structure Advisory Committee, and serves on the Board of Trustees of Skidmore College. In addition, he serves on the Board of Managers of Palmetto Bluff Holdings LLC. Prior to joining Anchorage, Mr. Allen spent the previous six years with Morgan Stanley, and in his most recent role was responsible for North American Credit Trading with a primary focus on leveraged bank loans, high yield bonds and distressed securities. Prior to joining Morgan Stanley, Mr. Allen was a Leveraged Loan Trader at Goldman Sachs. Mr. Allen’s qualifications to serve on the Board include extensive experience in financial services as a trader and portfolio manager and his extensive knowledge of the capital markets and the financial services industry.