Throughout 28 years working as a director or investor in more than 120 companies, Mr. Stofer has been involved in more than 200 private equity financings, 50 merger and acquisition transactions, and 22 initial public offerings. He serves as Managing General Partner of the Cherry Tree Partnerships and President of Cherry Tree Companies.

Focus
— Multi-unit businesses
— Minnesota businesses
— Strategy Implementation
— Management Development
— Marketing & Corporate Finance

Prior Experience
— Vice President, Norwest Venture Capital
— Marketing Manager, Honeywell, Inc.
— Westinghouse
— Maine National Bank
— Officer in the U.S. Navy

Board Positions:
— Bright Start, Inc.
— Buffets, Inc.
— DataMyte Corporation
— FilmTec
— Harmony Brook, Inc.
— Insignia Systems, Inc.*
— MakeMusic, Inc.
— National Information Systems
— Pet Food Warehouse
— PowCon, Inc.
— Ringer Corporation
— Select Comfort
— VEE Corporation*
* Current

Education:
— BS in Industrial Engineering, Cornell University
— MBA, Harvard Business School, Baker Scholar

Other:
— Supporter, Entrepreneur of the Year finalist, 1995
— Director of the Year, Minnesota, 1996