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President of S.V. Murphy Co. Inc. Previously he served as Managing Director in the Investment Banking Department of Merrill Lynch Capital Markets and for The First Boston Corporation in a number of positions including Managing Director in its Corporate Finance Department. Mr. Murphy also serves as a director of The First of Long Island Corporation The First National Bank of Long Island Excelsior Private Equity Fund II Inc. Excelsior Private Equity Fund III Inc. Excelsior Directional Hedge Fund of Funds Inc. Holborn Corporation Abilities! Peoples' Symphony Concerts and Locust Valley Cemetery Association. He was first elected to the Company's Board of Directors in 2006 and is a Class I director. His term will expire in 2009. | 