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Mr. Lingenfelter, age 55, became President and Chief Executive Officer on November 3, 2005. Prior to that time he was a Regional President since January 2002. Prior to that time, Mr. Lingenfelter served as President of the Company’s IDG Charlotte business unit (from January 2001) and as President of The Distribution Group, Inc. (from 1997), one of the companies that combined to form the Company in 1997 and with whom he had been an executive since 1988. Prior to 1988, Mr. Lingenfelter was employed in several capacities with Ingersoll-Rand Company, including as Vice President of Sales and Marketing for its Tools Group. Mr. Lingenfelter serves as Chairman of the Executive Committee of the Board. Mr. Lingenfelter is considered an inside director because of his employment as a senior executive with the Company. | 