Mr. Martinez 67 was elected a Director of the Company in 2001. Mr. Martinez retired in 2000 as Chairman President and Chief Executive Officer of Sears Roebuck and Company positions he held from 1995. From 1992 to 1995 he served as Chairman and Chief Executive Officer of the former Sears Merchandise Group. Prior to his tenure at Sears Mr. Martinez served in various capacities at Saks Fifth Avenue (Saks) an apparel and related products retailer and Saks’ parent company through 1990 BATUS Inc. including as Vice Chairman and as Senior Vice President and Chief Financial Officer of Saks. Mr. Martinez is a director of IAC InterActive Corp. a multi-brand interactive company; PepsiCo Inc. a consumer products company; and International Flavors & Fragrances Inc. a creator and manufacturer of flavor and fragrance products. Mr. Martinez also serves as Chairman of the supervisory board of ABN-AMRO Holdings N.V. a Netherlands-based financial institution. Mr. Martinez is also a member of the Board of Advisors of Marakon Associates a global strategy-consulting firm. Mr. Martinez serves on the boards of a number of not-for-profit organizations including Northwestern University Polytechnic University Greenwich Hospital Yale-New Haven Health System and the Chicago Symphony. Mr. Martinez’s current term as a Director expires in May 2010. |