Big Lots 2011 Annual Report Download - page 20

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skills, proven management capabilities, and more than 36 years of diverse retail experience with discount, specialty
and department store retailers, including 25 years of experience in a senior executive role, make Mr. Fishman an
excellent choice to continue serving on the Board.
Peter J. Hayes is the former Chief Operating Officer of Variety Wholesalers, Inc. (retailer). Mr. Hayes also
previously served as the President and Chief Operating Officer of Family Dollar Stores, Inc. (retailer); and the
Chairman and Chief Executive Officer of the Gold Circle / Richway divisions of Federated Department Stores,
Inc. (retailer). Mr. Hayes’ experience in discount retail, his leadership experience at large corporations and his
qualification as an “audit committee financial expert,” as defined by applicable SEC rules, make him well suited to
continue serving on the Board.
Brenda J. Lauderback is the former President – Wholesale Group of Nine West Group, Inc. (retail and wholesale
footwear). Ms. Lauderback also previously served as the President – Footwear Wholesale of U.S. Shoe Corporation
(retail and wholesale footwear); and the Vice President, General Merchandise Manager of Dayton Hudson Corporation
(retail stores). Ms. Lauderback is also currently a director of Denny’s Corporation (where she is the chair of the
corporate governance and nominating committee and a member of the compensation and incentives committee),
Select Comfort Corporation (where she is the chair of the corporate governance and nominating committee),
and Wolverine World Wide, Inc. (where she is the chair of the governance committee and a member of the audit
committee). Ms. Lauderback previously served as a director of Irwin Financial Corporation. Ms. Lauderback’s
extensive service on the boards of other public companies and experience in leadership roles with other retailers
make her well-suited to continue serving on the Board.
Philip E. Mallott is an independent financial consultant and retail stock analyst. Mr. Mallott previously served
as the Vice President and Chief Financial Officer of Intimate Brands, Inc. (retail stores). Mr. Mallott previously
served as a director of Tween Brands, Inc. Mr. Mallott’s qualification as an “audit committee financial expert,”
his experience as a certified public accountant, his service on the boards of other public companies and charitable
organizations, and his experience in leadership roles with other retailers led to the conclusion that he would
continue to be a valuable member of the Board.
Russell Solt is the former Director of Investor Relations of West Marine, Inc. (specialty retailer and catalog
company) where he also previously served as the Executive Vice President and Chief Financial Officer.
Additionally, Mr. Solt previously served as the Chief Financial Officer of Venture Stores, Inc. (discount retailer)
and Williams-Sonoma, Inc. (specialty retailer). Mr. Solt’s experience as a certified public accountant and as the
Chief Financial Officer of other publicly-traded retailers, his background in investor relations and his qualification
as an “audit committee financial expert,” makes him well-suited to continue serving on the Board.
James R. Tener is the former President and Chief Operating Officer of Brook Mays Music Company (retail
and wholesale music that filed for bankruptcy on July 11, 2006). Mr. Tener also previously served as the Chief
Operating Officer of The Sports Authority (sporting goods retailer). Mr. Tener’s extensive experience in senior
leadership roles of other publicly-traded retailers and prior service on the board of a privately-held company make
him a strong choice to continue serving on the Board.
Dennis B. Tishkoff is the Chairman and Chief Executive Officer of Drew Shoe Corporation (footwear manufacturer,
importer, exporter, retailer and wholesaler), and the President of Tishkoff and Associates, Inc. (retail consultant).
Mr. Tishkoff previously served as the President and Chief Executive Officer of Shoe Corporation of America
(footwear retailer). Mr. Tishkoff’s extensive experience in senior management roles of other retailers and
wholesalers, his experience with importing merchandise and his leadership skills led to the conclusion that he will
continue to be a valuable member of the Board.
THE BOARD RECOMMENDS THAT YOU VOTE FOR THE ELECTION OF EACH NOMINEE
LISTED ABOVE.