Banco Popular de Puerto Rico

Jim Ofcarcik is the Manager of the Fiscal Analysis Section in Illinois Department of Transportation’s (IDOT) Bureau of Budget and Fiscal Management. Among the chief responsibilities of the Section is preparing cash flow estimates for IDOT’s main operating funds and recommending affordable appropriation levels for the Annual and Multi-Year Highway Program. Jim has been with the State for over 30 years as:Planning Analyst in the Bureau of the Budget’s (now Governor’s Office of Management and Budget) Office of Planning and Analysis from 1978-80;Revenue Analyst and Manager of Long-term Debt Analysis with the Illinois Economic and Fiscal Commission (now the Commission on Governmental Forecasting and Accountability) from 1981--91;Senior Fiscal Analyst for the Office of the Comptroller from 1991-1998. Joined IDOT as the Senior Fiscal Analyst in 1998 and became Section Manager in 2004. Jim is part of the team that teaches the Department’s “Highway Program Finance” class—IDOT’s version of the FHWA class on federal funding of highways, and has been a part-time instructor for Lincoln Land Community College and Springfield College in Illinois.

Sanford M. Stein is a partner who for more than 30 years, has served governmental and private sector clients in an array of legislative, regulatory and judicial activities in a multistate area.  His land use and zoning practice is highlighted by his work for land developers in economic development, Brownfields redevelopment, annexation, urban development, zoning and land use litigation.  He has been successful in obtaining regulatory approvals for complex mixed-use developments and commercial, industrial and residential projects.  He is also skilled in municipal tax incentive programs including tax increment financing (“TIF”), sales tax sharing programs and special service area financing.  He has represented clients in urban redevelopment projects and rail yard redevelopment in Illinois, Washington, D.C. and California. He has served as an attorney for federal, state and local governments and represents numerous parties in obtaining governmental benefits or resolving conflicts with governmental units. He has researched, drafted, negotiated and successfully steered legislation to passage. He is a registered lobbyist, representing clients in the energy, environmental, advertising, health care, transportation, financial and real estate industries. He advises clients on legislative strategy in several state legislatures and the U.S. Congress. He is active in complex land use and siting issues involving regional pollution control facilities, power plants and alternative energy facilities and is active in transportation policy and legislative initiatives for rail and port development programs.   Sandy has extensive litigation experience, including two landmark environmental decisions of the U.S. Supreme Court, Students Challenging Regulatory Agency Procedures (“S.C.R.A.P.”) v. The United States and The Steel Company v. Citizens for a Better Environment. S.C.R.A.P. helped establish federal courts jurisdiction to hear complaints by parties affected by the environmental decisions of the U.S. government. The Steel Company, which he argued before the Supreme Court, limits jurisdiction to those cases where the Court’s intervention is warranted. Sandy served as a Member of the Obama for America Energy and Environment Policy Committee, is a Member of Illinois Governor Pat Quinn’s Taxpayer Action Board. and accompanied Governor Quinn as a Delegate on the Governor's 2011 Trade Mission to China.  He is a former Commissioner on the Lake County (IL) Regional Planning Commission, a  member of the Advisory Board of the U. S. High Speed Rail Association,  serves on the Board of the Uptown Community Development Corporation, and is a member of the City Club of Chicago, the International Council of Shopping Centers, Lambda Alpha International and the American Bar Association. He served as an adjunct professor of law at the John Marshall Law School, where he taught a course on “The Energy and Environmental Aspects of Real Estate Transactions.”

Dave Johnson is a senior managing director in the Institutional Sales and Trading group atMesirow Financial. He has more than 35 years of experience in the municipal markets�industry.�Dave spent two years as head of the Public Finance group at Mesirow Financial before�rejoining the Institutional Sales and Trading group in 2016. Prior to joining Mesirow Financial�in 2008, Dave was a manager of sales and trading for Cabrera Capital Markets. Prior to that,�he worked at Van Kampen Investments, where he managed the investment process for their�tax-exempt mutual funds, overseeing approximately $13 billion in assets in more than 50�funds. He has held senior positions on both the investment and broker-dealer side, and hasextensive experience with investment-grade credits in addition to below investment-gradecredits.Dave is a frequent speaker at municipal industry conferences. He is frequently quoted in�publications such as the The Wall Street Journal and The Bond Buyer.�Dave earned a BA from Lewis University and an MBA from Loyola University in Chicago. He�also holds FINRA Series 7, 53 and 63 licenses.�He and his wife recently built a house on a stable property and live with their 44 horses on the�property.

Mr. Hartman joined J.P. Morgan in August, 2010. He has over 21 years of public finance experience both as an underwriter and financial advisor, primarily covering issuers in the State of Texas. Some of his general municipal clients in Texas include the Cities of Austin, Dallas and El Paso, Dallas-Fort Worth International Airport, the Texas Public Finance Authority and the Texas Higher Education Coordinating Board.During his career, Mr. Hartman has served as financial advisor and senior managing underwriter to numerous Texas independent school districts around the state. Mr. Hartman also has significant experience in the surface transportation sector. His transportation clients include the North Texas Tollway Authority, the Texas Department of Transportation, Dallas Area Rapid Transit, the Central Texas Regional Mobility Authority and the New Mexico Finance Authority.Mr. Hartman graduated from The University of Texas at Austin with a B.S. in Electrical Engineering and an M.B.A. in Finance. He has FINRA Series 7. 63 and 53 licenses.

Ritta McLaughlin is Senior Director of Market Leadership for the Municipal Securities Rulemaking Board (MSRB). In this position, she facilitates discussion and problem-solving among market stakeholders to address challenges in the municipal market, advocate solutions where appropriate and influence positive market practices. Ms. McLaughlin oversees external affairs of the MSRB including intergovernmental relations, legislative affairs, and all education, outreach and communication activities.Prior to joining the MSRB, Ms. McLaughlin was associate treasurer for the District of Columbia, where she handled the District’s multi-billion dollar debt management program. During her career, Ms. McLaughlin was also an executive director of J.P. Morgan, an associate director at Bear Stearns and a senior banker for a number of states and municipalities. Ms. McLaughlin’s extensive market knowledge benefits the MSRB by providing strategic thought leadership for the industry in an effort to understand trends and anticipate future needs.She received a bachelor's degree in urban policy from Vassar College and a master’s degree in urban policy and management from Milano The New School for Social Research.

David Woodcock is the Regional Director of the Securities and Exchange Commission’s Fort Worth Regional Office, which oversees the enforcement and examination activities in Texas, Oklahoma, Arkansas, and Kansas.Prior to joining the SEC, David was a partner at Vinson & Elkins LLP, specializing in securities litigation, SEC enforcement, and accounting/auditing litigation. Before beginning his legal career, David practiced public accounting for several years at Price Waterhouse LLP and Ernst & Young LLP. He earned his bachelor’s degree in accounting from Louisiana State University and a JD from the University of Texas School of Law. David also served as a law clerk to federal district judge Howell Cobb.

Ellen Erenbaum is the Assistant Aviation Director – Finance and Administration for the San Antonio Airport System. She is responsible for the finance, properties, procurement and administration for the Airport System which operates San Antonio International Airport and Stinson Field, a general aviation and reliever airport. Ellen has nearly 28 years of experience in airport management. She has held the position of Assistant Aviation Director in San Antonio since June 2010. Prior to joining San Antonio, she was with the Houston Airport System as the Assistant Director of Finance and the Deputy Assistant Director for Business Services. While at Houston, Ellen was responsible for securing approximately $3.8 billion in airport bonds sales, airline rates and charges, CIP funding, Passenger Facility Charge programs, and project feasibility analysis.Ellen has also served the Piedmont Triad Airport Authority in Greensboro, NC as Finance Leasing Services Officer, KPMG Peat Marwick Airport Consulting Services as Senior Consultant in San Mateo, California; and the City of Atlanta, Georgia as the lead Financial Analyst with oversight over airport financial matters.Ellen is an active member of the ACI-NA Economic Committee and the ACI-NA CFO Forum.Ellen earned her MBA in Real Estate and Urban Affairs from George State University and her BBA in Accounting from Oglethorpe University. She is currently a candidate for International Airport Professional designation.

Kirk G. Rummel, Jr., CPA, is the Chief Financial Officer and Deputy Director for the Houston Airport System. Rummel is responsible for the fiscal management of the fourth largest airport system in the United States, including capital investment funding, debt management, oversight of the aviation department's budget, accounting, financial analysis and strategic planning. Rummel worked for 17 years at Continental Airlines in numerous finance and accounting positions. He most recently served as managing director of finance where he directed the financial health of several key areas within the airlines' operation, including flight operations, inflight, safety, catering and fuel.From 1987 to 1994, Rummel worked as a senior auditor for Audit Bureau of Circulations and performed audits of all major newspapers and magazines in North America, including top markets such as Houston, Dallas, Denver and publications in California and Florida.Rummel is a Certified Public Accountant and Certified Fraud Examiner with a Bachelor's Degree in Finance from Texas Christian University and a Masters of Business Administration from the University of Texas at Austin. He is involved extensively with NextGen avionics business case analysis for various Federal Aviation Administration-related committees including:FAA (ATMAC) NextGen Task Force 5 Business Case Subgroup leader 2009 – 2010 RTCA NextGen Implementation Work Group (NGWIP) member - 2010 JPDO / FAA NextGen Flight Prioritization Workshop Airline Representative – 2010 ·RTCA Business Case and Performance Metrics Work Group – 2010-present

Mark Arnold is a Partner in the Houston office of Andrews Kurth. Mark represents and advises clients in public and private project development and financing transactions, with an emphasis on sports, recreation and entertainment facilities, convention centers, hotels and educational facilities. He also has extensive experience in structuring and implementing creative economic development techniques such as Chapter 380/381 grants, 4A/4B financings, tax increment financing and tax abatements. Mark received his J.D. from Columbia University School of Law, where he was a Harlan Fisk Stone Scholar. He received his A.B. in economics, with distinction, from Cornell University, where he graduated Phi Beta Kappa.

Tim Peterson is an Executive Director in the Houston Public Finance office of J.P. Morgan Securities LLC. Mr. Peterson has over 16 years of public finance experience consisting of investment banking, financial advisory, arbitrage rebate and refunding/cash flow verification. He has a wide range of experience with state and local issuers both in Texas and across the country including clients such as the Texas Water Development Board, Texas Public Finance Authority, Harris County and City of Houston. Such experience includes General Obligation and Revenue debt, fixed and variable rate financings, new money and refunding transactions, as well as pooled loan financing and State Revolving Funds. Mr. Peterson holds a Master of Science degree in finance from Texas A&M University and is a licensed Series 7, 53, 63 and 79 with FINRA.