Mr. James Mitarotonda is the chairman of the board, president and also the chief executive officer of Barington Capital Group, L.P., an investment firm that he co-founded in 1991. He has also served as the president and chief executive officer of Dynabazaar, Inc. since May 2006 and also as its president and chief executive officer from January 2004 until December 2004. Mr. Mitarotonda has also held the position of the chairman of L Q Corporation, Inc. since September 2002 and served as its co-chief executive officer and co-chairman from April 2003 until May 2004 and as its sole chief executive officer from May 2004 until October 2004. He presently serves as a director of A. Schulman, Inc., Dynabazaar, Inc. and L Q Corporation, Inc. He obtained an MBA from New York University in 1979 and began his Wall Street career as broker at D.H. Blair & Co.

A man who believes that liquidation is a last resort for companies with failing business models and spendthrift executives, Mr. Mitarotonda is really a builder of companies. Prior to forming Barington Capital Group in 1991, he was a co-founder of investment boutique Commonwealth. After quitting Commonwealth, his first task was to create a catchy name for his new firm. He finally settled on the name Barington, derived from his birthplace, Bari, Italy. His family emigrated to Woodside, a working class community adjacent to the Long Island Railroad depot, when he was nine. He still shops at Vincci, an apparel store in Forest Hills run by younger brothers Mario and Mike. Domrose Sons Partnership, set up to funnel the brothers’ money into Barington’s bid for Liquid Audio, was named after his parents, Dominick and Rose. Everyone agrees that Mr. Mitarotonda has the potential to become the next prolific corporate raider. According to him, the principles of good corporate governance should include eliminating stockholder rights plans, banning staggered boards, doing away with a prohibition on stockholder action by written consent and instituting a policy of simple majority rather than a two-thirds vote of stockholders to modify by-laws.