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Relational Investors to Focus Exclusively on Current Investments During Ralph Whitworth’s Leave of Absence

July 28, 2014

SAN DIEGO--(BUSINESS WIRE)-- Relational Investors LLC today informed its clients that it will focus exclusively on its current investments and will not initiate new investment projects during Ralph Whitworth's previously announced leave of absence.

Co-Founder and Principal David Batchelder stated, “Although we have decided not to invest in new situations at this time, we will continue to actively manage our portfolio and vigorously pursue the value-enhancing agendas associated with our existing investments.”

About Relational Investors LLC

Relational Investors LLC, founded in 1996 by David H. Batchelder and Ralph V. Whitworth, is a privately held, multi-billion dollar asset management firm and registered investment adviser. Relational invests in publicly traded companies that it believes are undervalued in the marketplace.

Sard Verbinnen & Co.

Anna Cordasco, 212-687-8080

Source: Relational Investors LLC

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Source: Business Wire

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