Norman S. Matthews 1,3,4
Consultant
Board member since 1996
Norman S. Matthews has worked in consulting
and venture capital since 1989. Prior to that he held various executive
positions with Federated Department stores, including President, Vice
Chairman and Executive Vice President. He was also Chairman of Federated's
Gold Circle Stores Division.
In addition to Toys"R"Us, Inc., Mr. Matthews serves on the Board of
Directors for The Progressive Corporation, Sunoco, Eye Care Centers
of America, Finlay Enterprises, Inc., Galyan's Trading Company, and
Henry Schein, Inc. He holds a B.A. degree from Princeton University
and an M.B.A. from Harvard Business School.
Arthur B. Newman 1, 2, 3
Senior Managing Director,
The Blackstone Group, L.P.
Board member since 1997
Arthur B. Newman has been a Senior Managing
Director and head of The Restructuring Group of The Blackstone Group,
L.P., a private investment bank, since 1991. Previously, Mr. Newman
was a Managing Director and head of the Restructuring and Reorganization
Group of Chemical Bank and a senior partner at Ernst & Young. Mr. Newman
has been an advisor in many of this country's largest reorganizations,
including AMF Bowling, Arch Wireless, The Charter Company, Chiquita
Banana, Dow Corning Corporation, Eastern Airlines, Exide Technologies,
Global Crossing, Iridium, LTV Corporation, Levitz Furniture, Macy's,
Manville Corporation, Mobile Media Corporation, Montgomery Ward, Texaco,
Inc., White Motor Corporation and the Wickes Corporation.
Mr. Newman is a member of the America College of Bankruptcy and was
the recipient of the 1990 award by the Bankruptcy & Reorganization Group,
Lawyers Division of UJA-Federation. Mr. Newman holds a B.S. degree in
economics and an M.B.A. from Rutgers University. He is a certified public
accountant in New York.

