, Roger N. Farah, Jackwyn L. Nemerov, David Lauren, John R. Alchin, Arnold H. Aronson
, Joyce F. Brown, Judith A. McHale and Robert C. Wright have been nominated for election as Class B
Arnold H. Aronson
Mr. Aronson has been a director of the Company since November 2001.
He has been a Managing Director, Retail Strategies at Kurt Salmon, a global management consulting firm specializing in services to retail and consumer products companies, since 1997.
In his career, he served as Chairman and Chief Executive Officer of Saks Fifth Avenue, Inc., The Batus Retail Group (the then parent entity of, among others, Saks Fifth Avenue, Marshall Fields and Kohl’s) and subsequently, Woodward & Lothrop/John Wanamaker.
Mr. Aronson currently serves as a member of the board of trustees of The New School University, as Chairman of the board of governors of its Eugene Lang College and is a member of the board of governors and former Chairman of its Parsons School of Design.
Experience, Qualifications, Attributes and Skills
has substantial business and retail industry experience.
experiences as a consultant in a global management consulting firm specializing in retail and consumer products companies and as a chief executive officer of major retail companies provides our Board of Directors with valuable insight into operational and strategic issues related to the retail industry.
As a former chief executive officer of several major retail entities, including Saks Fifth Avenue, Inc.
, Mr. Aronson
has intimate knowledge in the areas of marketing, financial reporting and merchandising.
In addition, his
service on the boards of academic institutions provides our Board of Directors with valuable understanding of governance matters.
Our Board of Directors believes that a majority of our directors should be independent, and has determined that all of our non-management directors, John R. Alchin, Arnold H. Aronson
, Frank A. Bennack, Jr., Dr. Joyce F. Brown, Joel L. Fleishman, Hubert Joly, Judith A. McHale, Steven P. Murphy and Robert C. Wright, are independent.