Action will be taken at the Annual Meeting for the re-election of nine directors: Ronald P. Badie, Stanley L. Clark, David P. Falck, Edward G. Jepsen, Randall D. Ledford, Andrew E. Lietz, Martin H. Loeffler, John R. Lord and R. Adam Norwitt for a term of one year that will expire at the 2016 Annual Meeting.
Ronald P. Badie
Mr. Badie, age 72, has been a Director since 2004.
Mr. Badie retired from Deutsche Bank Alex.
Brown (now Deutsche Bank Securities) in 2002, at which time he was vice chairman.
He also held several executive positions with its predecessor, Bankers Trust Company.
From 2004 to the present, he
has acted as a senior advisor to Hadley Partners
, a firm providing M&A advisory, private placement and financial advisory services.
extensive experience in the investment banking industry is extremely valuable to the Company, in particular with respect to his
insight into merger & acquisition and capital markets related matters.
He is Chairman of the Executive Committee and is a member of the Audit Committee and the Pension Committee of the Company.
Mr. Badie currently serves as Director and member of the Nominating and Corporate Governance Committee, the Compensation Committee and the Audit Committee of Nautilus, Inc.
In the past five years, but not currently, Mr. Badie served as lead independent director and as member of the audit committee of Merisel, Inc. and as a director, chairman of the nominating/corporate governance committee and a member of the compensation and audit committees of Obagi Medical Products, Inc.