Bed, Bath and Beyond 2012 Annual Report Download - page 45

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ELECTION OF DIRECTORS (PROPOSAL 1)
How is the Board of Directors structured and who has been nominated?
The Board of Directors, upon recommendation of its Nominating and Corporate Governance Committee, has nominated for
reelection as directors, for a one year term expiring at the 2014 Annual Meeting, each of the current members of the Board.
Information concerning our directors as of the record date, and the key experience, qualifications and skills they bring to our
Board, is provided below.
Warren Eisenberg, 82, is a Co-Founder of the Company and has served as Co-Chairman since 1999. He has served as a director
since 1971. Mr. Eisenberg served as Chairman from 1992 to 1999, and served as Co-Chief Executive Officer from 1971 to 2003.
Leonard Feinstein, 76, is a Co-Founder of the Company and has served as Co-Chairman since 1999. He has served as a director
since 1971. Mr. Feinstein served as President from 1992 to 1999, and served as Co-Chief Executive Officer from 1971 to 2003.
Messrs. Eisenberg and Feinstein remain active as part of the senior leadership of the Company and bring to the Board, among
other benefits, their experience in building the Company during its 42-year history and their overall experience in the retail
industry, in each case for over 50 years.
Steven H. Temares, 54, currently serves as Chief Executive Officer of the Company. He was President and Chief Executive Officer
from 2003 to 2006 and was President and Chief Operating Officer from 1999 to 2003. Mr. Temares joined the Company in 1992
and has served as a director since 1999. Mr. Temares has been part of the leadership of the Company throughout its entire
history as a public company.
Dean S. Adler, 56, is a Co-Founder and Chief Executive Officer of Lubert-Adler Partners, L.P., a private real estate investment
firm. He has served as a Principal of Lubert-Adler Partners, L.P. for over ten years. He has been a director of the Company since
2001. During the last six years, Mr. Adler also served as a director of Developers Diversified Realty Corp., a shopping center real
estate investment trust, and Electronics Boutique, Inc., a mall retailer. Mr. Adler has wide experience and involvement in
commercial real estate including, in particular, retail real estate.
Stanley F. Barshay, 73, has served in a variety of senior executive positions at consumer healthcare companies. He served as
Executive Vice President of Merck & Co. (formerly Schering-Plough Corporation) and President of its Consumer Health Care
Division from November 2009 until his retirement on April 1, 2010; prior to November 2009, Mr. Barshay was Chairman,
Consumer Health Care, at Schering-Plough Corporation since June 2003. For many years, Mr. Barshay served in a variety of
senior executive positions at American Home Products (now part of Pfizer). He has been a director of the Company since 2003.
Among other things, Mr. Barshay brings to the Board specialized knowledge about the marketing of consumer goods, and in
particular health and beauty care products.
Klaus Eppler, 82, has been a pensioned partner in the law firm of Proskauer Rose LLP, counsel to the Company, since 2001.
Mr. Eppler was an equity partner of Proskauer Rose LLP from 1965 to 2001, when he ceased active partnership with
responsibilities for clients. He has been a director of the Company since 1992 and has served as outside Lead Director since
2002. Mr. Eppler is also a director of Ascena Retail Group, Inc., an apparel retailer. Mr. Eppler has served as a director of one or
more retailers continuously for over 35 years. Throughout his career as a practicing attorney, he represented numerous public
companies or their boards of directors, including many retail companies. Mr. Eppler brings to the Board his experience with a
wide variety of retailers.
Patrick R. Gaston, 55, has been President of the Western Union Foundation, which supports education and disaster relief
efforts throughout the world with the support of the Western Union Company, since January 2013. From January to
December 2012, he was the CEO of Gastal Networks, LLC, a consulting firm specializing in corporate social responsibility
initiatives. From January to December 2011, he served a one-year term as Executive in Residence and Senior Advisor with the
Clinton Bush Haiti Fund to support the rebuilding efforts in Haiti. Until January 2011, Mr. Gaston was President of the Verizon
Foundation since 2003. Prior to assuming that position, Mr. Gaston held a variety of management positions at Verizon
Communications Inc. and its predecessors since 1984, including positions in operations, marketing, human resources, strategic
planning and government relations. He has been a director of the Company since 2007. Among other things, Mr. Gaston
brings to the Board experience with respect to very large and complex public companies as well as extensive experience with
other local, national and international organizations through his non-profit work.
BED BATH & BEYOND PROXY STATEMENT
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