Current Assignment: Chief Operating Officer and Chief Financial Officer for New Cub Foods, a $500 million retailer. A Cerberus Capital Management investment relating to the $17 billion Albertsons transaction completed by Cerberus with Supervalu and CVS Drugs in April 2005.

Previously: Executive Vice President – Acquisitions; SSA Global. Mr. Walles was with SSA Global from 2000 to 2005. Mr. Walles oversaw the due diligence and operational integration function of SSA Global. The primary goal of this function was to align new acquisitions with the core SSA Global “Customer Focus” strategy and to effectively integrate these acquisitions into the SSA Global operating model. SSA Global completed nine acquisitions in three years that took revenue from $130 million to almost $800 million. The significant acquisitions during this time were the INTERBIZ division of CA; a $100 million ERP division, BAAN; a $250 million ERP company, EXE; a $90 million supply chain company and Epiphany; a $70 million CRM company. Cerberus Capital Management was the majority investor in SSA Global

Prior to joining SSA Global: Mr. Walles was Vice President and CFO of Composites One from 1993 to 2000, the largest North American distributor of Composite Materials with annual revenues of over $650 million. During his tenure with Composites One (previously GLS Corp), Mr. Walles helped grow the company from $160 million to $650 million over six years through a combination of organic and acquisition initiatives. From 1991 to 1993, Mr. Walles served as Senior Finance Officer and Treasurer of IIT Research Institute, a supplier of Software and Engineering Services primarily to the U.S. Government as well as other governmental agencies globally. From 1979 to 1990, Mr. Walles worked in a number of Operational and Financial positions with AAR Corp., a global supplier of Equipment and Logistics Support to the Aviation Industry.

Education: Mr. Walles graduated in 1978 with a BA in Accounting and Business Economics from Benedictine University. In 1985, he received his MBA from DePaul University. Mr. Walles is also a CPA from the State of Illinois.