Michael L. Tiner - Managing Director

Prior to joining Tanglewood in 1995, Mr. Tiner was President and Chief Executive Officer and a member of the Board of Directors of Moorco International Inc.  During his 17-year career with Moorco and prior to becoming CEO in 1993, Mr. Tiner served in a variety of senior operating assignments at Moorco and its affiliated companies in both the United States and abroad.  These included Vice President - Sales and Marketing of Crosby Valve and Gage Company (1984-88) and President of Smith Meter Inc. (1988-92).  Crosby Valve and Smith Meter were the principal subsidiaries of Moorco.  Mr. Tiner has extensive operating management and acquisition experience in manufacturing companies both domestically and internationally.

Mr. Tiner graduated from Texas A&M University with a Bachelor of Science Degree in Chemical Engineering and received an MBA from the Harvard University Graduate School of Business Administration.

James J. Nelson - Managing Director

Prior to joining Tanglewood in 1995, Mr. Nelson spent seven years as Vice President and General Counsel of Moorco International Inc.  While at Moorco, Mr. Nelson's primary responsibility was legal affairs, corporate finance, investor relations and risk management matters.  Prior to joining Moorco in 1988,  Mr. Nelson held senior executive positions with two other major public corporations and a financial institution while serving as General Counsel and heading the legal departments of each (LTV Ling Altec 1973-77, Geosource Inc. 1980-86 and Sunbelt F.S.B. 1987-88).  Mr. Nelson was also a founder of and a partner in the law firm of Ave & Nelson (1977-80).  Mr. Nelson has extensive experience in legal and financial matters related to the acquisition and sale of both public and private companies.

Mr. Nelson holds a Bachelor of Philosophy Degree in Natural Sciences from the University of North Dakota and a J.D. from Southern Methodist University School of Law.

Michael E. Humphrey - Managing Director

Prior to joining Tanglewood in 1997, Mr. Humphrey led the acquisition and private equity investment activities for Yellowstone Capital and its predecessors for seven years.  During his tenure, Mr. Humphrey led the turnaround and subsequent development of Utopia Spring Water, which was sold to the Perrier Group in 1993.  His other investment activities include investments in food processing, pre-engineered metal building manufacturing, and through Yellowstone Trading, contract manufacturing of finished garments in Latin America for Calvin Klein.  Prior to joining Yellowstone, Mr. Humphrey was a Managing Director in the investment banking group of Smith Barney.  During his eight years with the firm, he advised numerous clients on mergers and acquisitions as well as equity and debt financings.

Mr. Humphrey graduated from Texas A&M University with a Bachelor of Science Degree in Civil Engineering and received an MBA from the Harvard University Graduate School of Business Administration.  

Sam Grover - Vice President

Prior to joining Tanglewood in 2000, Mr. Grover spent 12 years as Controller, Chief Financial Officer, Vice President and President of several dynamic corporations in the Houston area including Logic Sciences, Agar Corporation and Pace Concrete. Mr. Grover spent his early career with Andersen Consulting and Sonat Offshore Drilling designing and implementing computer applications, financial systems and controls and with a local CPA firm where he was a Manager of Taxation.

Mr. Grover graduated from the University of Utah with a Bachelor of Science Degree in Finance, a Bachelor of Science Degree in Management, and a Masters Degree in Business Administration.