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EXECUTIVE OFFICERS OF THE REGISTRANT
Our executive officers are elected by the Board of Directors and hold office until a successor is chosen or
qualified or until their earlier resignation or removal. The following lists our executive officers and gives a brief
description of their business experience as of February 24, 2012:
Ravichandra K. Saligram, 55, was elected as Chief Executive Officer and President of the Company, as
well as a director of the Company, on November 8, 2010. Until his election as Chief Executive Officer and
President of the Company, Mr. Saligram had been Executive Vice President, ARAMARK Corporation
(“ARAMARK”), a global professional services company, since November 2006, President, ARAMARK
International since June 2003, and ARAMARK’S Chief Globalization Officer since June 2009. Mr. Saligram
held the position of Senior Vice President, ARAMARK from November 2004 until November 2006. From 1994
until 2002, Mr. Saligram served in various capacities for the InterContinental Hotels Group, a global hospitality
company, including as President of Brands & Franchise, North America; Chief Marketing Officer & Managing
Director, Global Strategy; President, International; and President, Asia Pacific. Earlier in his career, Mr. Saligram
held various general and brand management positions with S. C. Johnson & Son, Inc. in the United States and
overseas. Since 2006, he has been a director of Church & Dwight Co., Inc., a consumer and specialty products
company.
James Barr IV, 49, was first elected an officer of the Company on November 14, 2011. He has served as
executive vice president and chief digital officer since that time. From March 2010 to November 2011, Mr. Barr
served as chief executive officer of Barr & Associates, a provider of ecommerce consulting services. Prior to
that, from January 2008 to March 2010, he served as president, online for Sears Holdings Corporation, a
department store. In this position he held full P&L accountability for multi-channel strategy and online sites such
as sears.com and kmart.com. From 1996 to 2008, Mr. Barr held various positions at Microsoft Corporation, a
computer software company. He served as Microsoft Corporation’s general manager, e-commerce and
marketplaces from 2001 to 2008. In that position he had full business responsibility and led the global
business-to-consumer e-commerce strategy.
Bruce H. Besanko, 53, was first elected an officer of the Company in February 2009. Mr. Besanko has
served as executive vice president and chief financial officer of the Company since that time, and as chief
administrative officer since October 2009. Mr. Besanko previously served as executive vice president and chief
financial officer of Circuit City Stores, Inc. (“Circuit City”), a leading specialty retailer of consumer electronics
and related services, from July 2007 to February 2009. Prior to that, Mr. Besanko served as senior vice president,
finance and chief financial officer for The Yankee Candle Company, Inc., a leading designer, manufacturer,
wholesaler and retailer of premium scented candles, since April 2005. He also served as vice president, finance
for Best Buy Co., Inc., a retailer of consumer electronics, home office products, entertainment software,
appliances and related services, from 2002 to 2005. On November 10, 2008, Circuit City and several of its
subsidiaries filed voluntary petitions for relief under Chapter 11 of the United States Bankruptcy Code in the
United States Bankruptcy Court for the Eastern District of Virginia. Circuit City’s Chapter 11 plan of liquidation
was confirmed by the Bankruptcy Court on September 14, 2010. Pursuant to the plan of liquidation, Circuit City
and its subsidiaries are liquidating their remaining assets.
Matthew R. Broad, 52, was first elected an officer of the Company in October 2004 and has served as
executive vice president, general counsel since that time. Prior to that time Mr. Broad served as associate general
counsel for Boise Cascade Corporation.
Michael J. Lewis, 61, was first elected an officer of the Company on May 2, 2011. Mr. Lewis has served as
executive vice president and president of retail since that time. From 2010 until early 2011, Mr. Lewis served as
global head of a Merchandising Center for Wal-Mart Stores, Inc. (“Wal-Mart”), an international mass-
merchandise retailer, and was responsible for brand management and supply chain and supported all
merchandising for Wal-Mart private brands in the grocery and personal care businesses. Prior to that, Mr. Lewis
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