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  American Shared Hospital Services
Four Embarcadero Center, Suite 3700
San Francisco, CA 94111

Tel: 415-788-5300 or 800-735-0641
Fax: 415-788-5660
Executive Officers

Ernest A. Bates, M.D.
American Shared's founder, Dr. Bates has served as Chairman of the Board and Chief Executive Officer since the company's incorporation. He is currently Emeritus Vice Chairman of the Board of Trustees of The Johns Hopkins University and a member of the Board of Trustees at the University of Rochester, the Board of Overseers of the University of California at San Francisco School of Nursing, and the Museum of African Diaspora. He is also a member of the State of California Commission for Jobs and Economic Growth, the Board of Directors of Salzburg Seminar, the Board of Directors of the Center for Accelerating Medical Solutions-Milken Institute, and the Brookings Institution. Additionally, he is a member of the Board of Directors of Copia and its Capital Campaign Chairman. Dr. Bates is a graduate of the Johns Hopkins University and the University of Rochester School of Medicine.

Craig K. Tagawa
Mr. Tagawa joined American Shared in 1988 and has served as its Chief Operating Officer since 1999 and Chief Financial Officer since 1992. He was named Senior Vice President in 1993. Additionally, he is GK Financing's Chief Executive Officer. Mr. Tagawa is currently a Chair of the Industrial Policy Advisory Committee of the Engineering Research Center for Computer-Integrated Surgical Systems and Technology at The Johns Hopkins University. He received an undergraduate degree from the University of California at Berkeley and an MBA from Cornell University.

Ernest R. Bates
Mr. Bates, Vice President of Sales and Business Development since January 2007, previously served as an American Shared Director from 2004 until January 2007. He was Managing Director, Institutional Fixed Income Sales of HSBC Securities (USA) Inc. from 2003 to 2006 and was Managing Director, Head of Asian Product for HSBC from 1999 to 2003. From 1993 through 1999, Mr. Bates held various positions with Merrill Lynch, last serving as Vice President, European Syndicate for Merrill Lynch International. He received his undergraduate degree from Brown University and an MBA from The Wharton Business School, and is the son of Board Member Dr. Ernest A. Bates.

Company Officers

Norman A. Houck
Mr. Houck, Vice President and Controller, has been with American Shared in various positions since 1987. He joined the Company when it acquired Curacare, Inc., which specialized in diagnostic imaging, respiratory therapy, and biomedical services. Mr.Houck started with Curacare in 1986 as Assistant Controller after serving as Controller for a regional franchise restaurant operation, Controller for a sign manufacturing company, and General Accounting Manager for Denny's, Inc., an international restaurant operation. He is a graduate of California State University Fullerton and received a Certificate of Management Accounting in 1979.

Willie R. Barnes
Mr. Barnes is Corporate Secretary for American Shared and served as a Director from 1984 to 2004. He was formerly a Senior Partner of Manatt, Phelps, Rothenberg & Phillips and a Partner of Musick, Peeler & Garrett LLP, Wyman Bautzer Kuchel & Silbert, and Katten Muchin Zavis & Weitzman. From 1975 to 1979, he served as Commissioner of Corporations, the state regulatory agency responsible for administering laws regulating specified financial institutions, including credit unions, industrial loan companies, consumer finance lenders, and commercial finance lenders. He was a Director of Franchise Finance Corporation of America from 1994 to 2001 and currently is a Director of Spirit Finance Corporation and chairs its Nominating and Governance Committee. Mr. Barnes received a Bachelor of Arts degree from the University of California in 1953 and a law degree from the UCLA Law School in 1959.

Board of Directors

Olin C. Robison
Mr. Robison has been an American Shared Director since 2003. He was President and Chief Executive Officer of the Salzburg Seminar from 1991 to 2005 and President of Middlebury College from 1975 to 1990 and is currently President Emeritus and Professor Emeritus of that institution. Additionally, Mr. Robison is a Director of The Investment Company of America, American Mutual Fund and AMCAP (all of the American Funds Group) and has served on the Council (Board) of the Royal Institute of International Affairs in London. He received his undergraduate degree from Baylor University and holds a Doctor of Philosophy degree from Oxford University.

John F. Ruffle
Mr. Ruffle has been an American Shared Director since 1995. He retired in 1993 as Vice-Chairman of the Board and a Director of J.P. Morgan & Co. Incorporated and Morgan Guaranty Trust Co. of New York. He is also a member of the Board of Trustees of certain mutual funds in the J.P. Morgan family of mutual funds and certain investment funds managed by J.P. Morgan Investment Management, Inc., and a Trustee of The Johns Hopkins University. Mr. Ruffle graduated from The Johns Hopkins University, has an MBA in finance from Rutgers University, and is a Certified Public Accountant.

Stanley S. Trotman, Jr.
Mr. Trotman has been an American Shared Director since 1996. He retired in 2000 as a Managing Director with the Health Care Group of PaineWebber Incorporated, an investment banking firm. Mr. Trotman was with PaineWebber since 1995 following its consolidation with Kidder, Peabody, also an investment banking firm, and since 1990 had co-directed Kidder, Peabody's Health Care Group. Prior to this position, he headed the Health Care Group at Drexel Burnham Lambert, Inc. where he had been employed for approximately 22 years. Mr. Trotman received his undergraduate degree from Yale University in 1965 and obtained an MBA from Columbia Business School in 1967.
 
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