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2007 Proxy Statement 3
PROPOSAL NO. 1
ELECTION OF DIRECTORS
Twelve directors will be elected at the Annual Meeting of Stockholders to serve for a one-year term expiring at the Annual
Meeting of Stockholders expected to be held in April 2009. The Board of Directors has waived the retirement of James F. McCall
for one additional year, pursuant to the Company’s Bylaws.
The following table sets forth each nominee director’s name, all positions with the Company held by the nominee, the nomi-
nee’s principal occupation, age and year in which the nominee first became a director of the Company. Each nominee director has
agreed to serve if elected.
Nominees Principal Occupation Age Director Since
Larry D. Brady Former Chairman of the Board and Chief Executive Officer of Intermec, Inc. 65 2004
(industrial technologies). Mr. Brady served as Chairman of Intermec from 2001
to 2007 and as Chief Executive Officer since 2000. He served as President of
Intermec from 1999 to 2001 and as Chief Operating Officer from 1999 to
2000. Mr. Brady served as President of FMC Corporation from 1993 to 1999.
He served as a Vice President of FMC from 1984 to 1989, as Executive Vice
President from 1989 to 1993 and was a director from 1989 to 1999. Mr. Brady
is a director of Pactiv Corporation and a member of the Advisory Board of
Northwestern University’s Kellogg School of Management.
Clarence P. Cazalot, Jr. President and Chief Executive Officer and Director since 2002 of Marathon Oil 57 2002
Corporation, formerly known as USX Corporation (diversified petroleum), and
also a member of the Board of Managers of Marathon Ashland Petroleum LLC.
He served as Vice Chairman of USX Corporation and President of Marathon Oil
Company from 2000 to 2001. Mr. Cazalot was with Texaco Inc. from 1972 to
2000, and while at Texaco served in the following executive positions: President
of Worldwide Production Operations of Texaco Inc. from 1999 to 2000; President
of International Production and Chairman of London-based Texaco Ltd. from
1998 to 1999; President of International Marketing and Manufacturing from
1997 to 1998; President of Texaco Exploration and Production Inc. from 1994
to 1996; and President of Texaco’s Latin America/West Africa Division from
1992 to 1994. In 1992, he was named Vice President, Texaco. He is a director
and Executive Committee member of both the U.S. Saudi Arabian Business
Council and the American Petroleum Institute.
Chad C. Deaton Chairman of the Board, President and Chief Executive Officer of Baker Hughes 55 2004
Incorporated since February 1, 2008. Chairman of the Board and Chief Executive
Officer from October 2004 to January 31, 2008. Mr. Deaton was President and
Chief Executive Officer of Hanover Compressor Company (compression services)
from 2002 through October 2004. He was a Senior Advisor to Schlumberger
Oilfield Services (oilfield services) from 1999 to September 2001 and was an
Executive Vice President from 1998 to 1999. Mr. Deaton is a director of CARBO
Ceramics, Inc. and Ariel Corporation. He is also a director of Junior Achievement
of Southeast Texas, Houston Achievement Place and Greater Houston Partnership.
Edward P. Djerejian Director of the James A. Baker III Institute for Public Policy at Rice University 68 2001
since 1994. Ambassador Djerejian served as U.S. Ambassador to Israel from
1993 to 1994. He served as Assistant Secretary of State for Near Eastern Affairs
from 1991 to 1993. Ambassador Djerejian also served as U.S. Ambassador to the
Syrian Arab Republic from 1988 to 1991, as Deputy Assistant Secretary of Near
Eastern and South Asian Affairs from 1986 to 1988 and as Special Assistant to
the President and Deputy Press Secretary for Foreign Affairs from 1985 to 1986.
He is a director of Global Industries, Ltd. and Occidental Petroleum.
Anthony G. Fernandes Former Chairman, President and Chief Executive Officer of Phillip Services 62 2001
Corporation (diversified industrial services provider) from August 1999 to April
2002. He was Executive Vice President of ARCO (Atlantic Richfield Company)
from 1994 to 1999, President of ARCO Coal, a subsidiary of ARCO, from 1990
to 1994 and Corporate Controller of ARCO from 1987 to 1990. Mr. Fernandes
serves on the Boards of Black & Veatch, Cytec Industries and ABM Industries, Inc.