Sherman O. Coultas has over 20 years of experience in ESOPs for Menke & Associates, Inc. clients. Before joining the firm in 1985, Mr. Coultas worked for eight years arranging mergers and acquisitions for private corporations. Mr. Coultas was President of a regional ice cream manufacturer and retail chain; Chief of Staff to the Undersecretary, HEW, during the Ford Administration; House Counsel for an international cosmetic company; and General Manager of a computer software firm. Mr. Coultas holds a B.S. degree in Psychology and Philosophy, a B.S. degree in French, and an LL.B. degree from San Jose State University, Georgetown University and Lincoln University, respectively.

About Us: Menke & Associates is a nationally recognized firm that specializes in the design and installation of employee stock ownership plans (“ESOPs”). Since 1974 Menke & Associates has provided comprehensive ESOP services including feasibility and design, financial consulting, legal services, employee communication, and plan administration/ record keeping services. Menke & Associates has installed over 3,000 ESOPs.