John A. Labate, James F. Etter and Harry P. Gelles currently serve as the Class 1 directors, Charles K. Knight and Jerry J. Tepper serve as the Class 2 directors, and William T. Atkins and Robert W. Holman, Jr. serve as the Class 3 directors.
The term of Mr. Etter
also expires at the annual meeting.Currently Mr. Etter is a Class 1 director; however, the Nominating Committee of the Board of Directors has nominated Mr. Etter for re-election to the Board of Directors as a Class 2 director.
The Board of Directors recommends that Mr. Etter
be re-elected to the Board of Directors as a Class 2 director, to hold office until the 2004 annual meeting of stockholders and until his
successor is elected and has qualified.
Assuming the presence of a quorum, the affirmative vote of a majority of the shares represented at the meeting is required to elect each director.Cumulative voting is not permitted in the election of directors.Consequently, each stockholder is entitled to one vote for each share of common stock held in the stockholder's name.In the absence of instructions to the contrary, the persons named in the accompanying proxy shall vote the shares represented by that proxy for each of Messrs.Labate and Gelles, and Ms. Derrington as nominees for election as Class 1 directors, and for Mr. Etter
as nominee for election as a Class 2 director.
...Labate, Etter and Gelles and Ms. Derrington has consented to be named in this proxy statement as a nominee for director and to serve on the Board of Directors if elected.
and Gelles or Ms. Derrington will become unable or unwilling to accept nomination or
and Gelles and Ms. Derrington to the Board of Directors.
...James F. Etter (2)
...James F. Etter served as our President from May 1995 until October 2000, as our Chief Financial Officer from July 1996 until December 1999 and as our Chief Executive Officer from January 1997 until December 1999.
From 1994 until May 1995, Mr. Etter
acted as a consultant with respect to real estate acquisitions not related to AmeriVest
.Mr. Etter received his Masters of Business Administration and his Bachelor of Business Administration degrees from the University of Cincinnati.He is a member of the Financial Executives Institute and the National Investor Relations Institute.