This year’s Board nominees for election for terms expiring at the 2016 Annual Meeting are John F. Fiedler, James P. Holden
, W. Dudley Lehman and Edward H. Rensi.
James P. Holden
Director since 2007
Mr. Holden, age 61, has been our Lead Director since 2009.
He served 27 years in the automotive industry, including 19 years with DaimlerChrysler and its predecessor, Chrysler Corporation.
Most recently, he was President and Chief Executive Officer of DaimlerChrysler Corporation, a U.S.
Mr. Holden also serves as a Director of Speedway Motorsports, Inc. and SIRIUS XM Radio Inc.
From 2007 until 2009, he served as non-executive Chairman of Meridian Automotive Systems.
He was a Director of Motors Liquidation Company until 2011 and a Director of SMobile Systems until 2010.
is being re-nominated as a Director because, among his
other qualifications, he
possesses experience and/or expertise in the following areas: knowledge of Snap-on’s industry/market, international business, manufacturing, sales, marketing, product innovation/development, information technology, operations, accounting/finance, strategy development, executive compensation, leadership development and franchising.
Mr. Holden earned a Bachelor of Science degree in political science from Western Michigan University and a Master of Business Administration degree from Michigan State University.
An immediate family member of Mr. Holden’s is an employee of the Company, but is not an executive officer nor is that individual compensated in an amount requiring disclosure under Securities and Exchange Commission
(“SEC”) rules; this relationship is permitted by the categorical standards and the Board determined that it did not affect Mr. Holden’s independence.
Mr. Holden, an independent director, was appointed as our Lead Director in 2009.
Holden and Jones serve on the Audit Committee.