Bed, Bath and Beyond 2013 Annual Report Download - page 45

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 2015 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, 83, 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, 77, 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 43-year history and their overall experience in the retail
industry, in each case for over 50 years.
Steven H. Temares, 55, has served as Chief Executive Officer of the Company since 2003. 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, 57, 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. Mr. Adler also previously has 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, 74, 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.
Geraldine T. Elliott, 57, is Executive Vice President, Strategic Advisor at Juniper Networks, Inc. She served as Executive Vice
President and Chief Customer Officer at Juniper Networks, Inc. from March 2013 to February 2014 after prior roles as Executive
Vice President and Chief Sales Officer, and as Executive Vice President of Strategic Alliances. In January 2014, Ms. Elliott
announced her personal decision to retire from Juniper, effective later in the year. Ms. Elliott joined Juniper in 2009 after
seven years at Microsoft Corporation, where she held a series of senior executive positions, including Corporate Vice President
of the company’s Industry Solutions Group, Worldwide Public Sector organization, and their North American Enterprise Sales
region. Prior to joining Microsoft, Ms. Elliott spent 22 years at IBM Corporation, where she held executive and management
positions in North America and Asia Pacific in sales, services, consulting, strategy development, and product management. She
has been a director of the Company since February 2014. Ms. Elliott is also a director of Whirlpool Corporation. Among other
things, Ms. Elliott brings to the Board her strategic understanding of transformative digital technologies, as well as her global
marketing, sales and service experience. A third party search firm specializing in board placements recommended Ms. Elliott to
the Company’s Nominating and Corporate Governance Committee and Board.
Klaus Eppler, 84, 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. Among other things, Mr. Eppler brings to the Board
his experience with a wide variety of retailers.
BED BATH & BEYOND PROXY STATEMENT
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