With over 20 years of sourcing, consulting and financial services experience, John has a proven track record in financial operations, strategic sourcing and expense management, structuring and restructuring engagements with highly complex categories such as custodians, fund accounting agents, fund administrators, brokers, foreign exchange, transfer agents, intermediaries, cash managers, technology services, outsourcing providers, professional services and general expenses. John’s focus is on helping firms significantly reduce expenses, streamline operations and service provider relationships resulting in tangible improvements in expenses and returns, service levels, accuracy, operations and risk. John served as Managing Director of Sourcing and Vendor Management for BlackRock, with responsibility for over $1 Billion in global expenses. Prior to that, John was the Chief Procurement Officer at AllianceBernstein with complete responsibility for global sourcing, procurement, vendor risk, supplier management and category management while overseeing $750 million in general and fund related expenses. Before his CPO position, he was a founder and partner of Park Lexington / StoverDowns, a strategic sourcing consultancy for financial services clients including AllianceBernstein, Lehman Brothers, Morgan Stanley, Westwater, Coqui Capital and the NJTP. John has also served as a sourcing manager for Axa Financial covering general and financial operation operations. John has an MBA in Finance from New York University and a B.S. in Marketing and Business Law from The Pennsylvania State University. Specialties: Specializing in financial and investment management operations, John has delivered millions in reduced expenses for fund managers, mutual funds, pensions funds, private equity firms, broker dealers, hedge funds, insurance companies and other financial firms.

Partner @ Set-up, Manage, Reduce Expenses, Optimize ParkLexington advises investment managers, pension funds, mutual funds, insurance companies, charitable trusts, endowments, hedge funds and other institutional investors on enhancing service provider engagements. From initial set-up and spin-out to steady state expense management to transition to alternative providers, we offer buy-side organizations full management and optimization of the service provider life-cycle. Services: Firm Set-up / Spin-out, Fund & Financial Expense Management, General Expense Management, Outsourcing, Business Analysis & Project Management Clients: Investment Managers, Pension Funds, Mutual Funds, Insurance Companies, Endowments & Charitable Trusts, Hedge Funds, Private Equity From 2011 to Present (4 years) Member Board of Trustees; Endowment & Investment Committee Chair; Annual Fund Chair @ From 2014 to Present (1 year) Greater Philadelphia AreaManaging Director Sourcing and Vendor Management @ Managed a global staff of 22 strategic sourcing professionals to avoid cost, reduce expenses, engage best fit services and maximize internal client satisfaction. Responsible for professional services, facilities, human resources, contractors, subscriptions, travel, marketing, outsourcing, services and other general expenses. From 2011 to 2011 (less than a year) Greater New York City AreaChief Procurement Officer - Strategic Sourcing @ Transformed 15 global FTEs to become strategic, project management, consultative and relationship focused. Led and developed the sourcing team to drive $60+ million in annual new direct and indirect P&L savings, a 5X annual ROI. Developed and Chaired supplier risk and compliance committee and led development of supplier risk stratification, review and escalation process mitigating supplier risk, validating compliance and ensuring continuity of services and technology. Instituted supplier relationship management / governance best practices for innovation, improved service and knowledge extraction. Constructed KPIs to baseline the effect of the sourcing group from which to measure impact and improvement - Achieved an 85% internal sourcing satisfaction rating in 2010, increasing satisfaction from 70% in 2 years. Trained and equipped staff to become efficient and shrewd but ethical and fair negotiators utilizing a positions tool, dynamic models, game theory and collaborative negotiation principals. Designed and institutionalized a contract approval and management and supplier onboarding process increasing spend and risk control, expense and service transparency, and procurement policy. From 2005 to 2011 (6 years) Greater New York City AreaManaging Director, Financial Services Expense Management @ Strategic Sourcing for Financial Services Companies. Clients include AllianceBernstein and Westwater. Sourcing projects included banks, brokers, financial operations outsourcing, financial IT (applications, systems, market data, software ASPs), professionsal services, custody, accounting, fund administration, futures commissions merchants, prime brokers, brokerage processing, reconcilations, financial-centric technology, etc. From 2005 to 2009 (4 years) Manager, Strategic Sourcing and Financial Analysis @ From 2003 to 2005 (2 years) Market Manager @ From 1998 to 2001 (3 years) Territory Manager @ From 1995 to 1998 (3 years)

MBA, Finance @ New York University - Leonard N. Stern School of Business From 2001 to 2003 BS, Marketing @ Penn State University From 1991 to 1995 High School @ Chestnut Hill Academy From 1978 to 1991 John Detweiler is skilled in: Hedge Funds, Mutual Funds, Broker-Dealer, Private Equity Firms, Asset Managment, Investment Management, Strategic Sourcing, Pensions, Financial Services, Fixed Income, Equities, Alternative Investments, Risk Management, Procurement, IT Outsourcing