The term of Leonard A. Hadley, a director of the Company since 1994, expires at the annual meeting.Pursuant to the Company's mandatory retirement age for directors, Mr. Hadley and Mr. John R. Block, a director of the Company since 1986, are retiring the Board following the annual meeting.
Leonard A. HadleyRetired Chairman, President and ChiefExecutive Officer, Maytag Corporation
Leonard A. HadleyRetired Chairman, President and Chief Executive Officer,Maytag CorporationElected to Deere & CompanyBoard of Directors, 1994Leonard Hadley retired as the chairman, president and chief executive officer of Maytag Corporation in November 2001.Hadley had served in this capacity from 1992 until his retirement in August 1999, and returned to active management in November 2000. Hadley started his career at Maytag as a cost accountant in 1959 and subsequently held a number of financial positions.He became vice president of corporate planning in 1979 and was named president of Maytag Company in 1986. He was promoted to executive vice president of the corporation and head of the North American Appliance Group in 1989.In 1991, he was named chief operating officer, and in April 1992 was elected president and chief executive officer. Hadley is a member of the board of directors of H Power Corp. and Snap-On Incorporated.He is also a member of the Iowa Business Council; University of Iowa Foundation Board of Directors, College of Business Board of Visitors, and President's Club; and is a Hoover Library trustee.
Among them is Len Hadley, a former CEO of Maytag and the University of Iowa's representative on the Board of Trustees taskforce that proposed the plan."This whole discussion was largely a cover for the real strategy, which was redistribution," Hadley, who was the sole taskforce member to vote against the proposal, told an Iowa House subcommittee in February.
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