Stephen Wilson Simmons

Vulcan Value Partners LLC (Vulcan) is an independent, SEC-registered investment advisor headquartered in Birmingham, Alabama. The firm was founded by C. T. Fitzpatrick in 2007. Vulcan provides discretionary and non-discretionary investment advisory services to both individual and institutional clients. The firm manages its investment strategies through separately managed accounts, mutual funds, UCITS, a Collective Investment Trust, private funds, and as an investment manager in wrap fee programs.

The Retirement Systems of Alabama (RSA) is the administrator of the pension fund for employees of the State of Alabama. The firm is headquartered in Montgomery, Alabama. RSA consists of the Employees Retirement System (ERS), the Teachers Retirement System (TRS), the Judicial Retirement Fund (JRS), the Public Education Employees' Health Insurance Plan (PEEHIP), and RSA-1. In addition to executive management, the TRS, ERS, and JRF, PEEHIP and RSA-1 share investment management, accounting, and information system services, the costs of which are allocated to the funds on an equitable basis.

Flippin, Bruce & Porter, Inc. (FBP) is a registered investment advisory firm headquartered in Lynchburg, Virginia. The firm was founded in 1985 by John Flippin, John Bruce and Greg Porter. They are a subsidiary of Cantor Fitzgerald Investment Advisors LP, ultimately owned by Cantor Fitzgerald LP. FBP manages assets for institutions, endowments, foundations, mutual funds, and individuals.