Charles T. "Chuck" Akre, Jr.

Managing Member, Chief Executive Officer, and Chief Investment Officer

Chuck founded Akre Capital Management in 1989 after 21 years in the securities
business at NYSE member firm Johnston, Lemon & Co. At Johnston, Lemon & Co.,
he managed various parts of the business, including branch management,
research, and asset management. Beginning in June of 1993, Chuck operated the
firm under the umbrella of Friedman, Billings, Ramsey & Co. Taking the business
private again in 2000, he moved the firm to the rural village of Middleburg, Virginia.