Big Lots 2013 Annual Report Download - page 18

- 6 -
research provider). Mr. Chambers spent the first 17 years of his career at Nabisco (food manufacturer), where
he held leadership roles in sales, distribution, marketing and information technology, culminating in the role of
President, Refrigerated Foods. Mr. Chambers previously served as a director of B&G Foods (food manufacturer)
for seven years where he chaired the Nominating and Governance Committee and served on the Compensation
Committee. Mr. Chambers’ extensive cross-functional packaged goods industry experience, 15-year track record in
general management and his service on the boards of other public companies makes him an excellent candidate to
serve on the Board.
Peter J. Hayes is the former Chief Operating Officer of Variety Wholesalers, Inc. (discount retailer). Mr. Hayes
also previously served as the President and Chief Operating Officer of Family Dollar Stores, Inc. (discount retailer)
and the Chairman and Chief Executive Officer of the Gold Circle / Richway divisions of Federated Department
Stores, Inc. (department store 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. (footwear retailer
and wholesaler). Ms. Lauderback also previously served as the President – Footwear Wholesale of U.S. Shoe
Corporation (footware retailer and wholesaler) and the Vice President, General Merchandise Manager of Dayton
Hudson Corporation (department store retailer). Ms. Lauderback is also currently a director of Denny’s Corporation
(restaurant operator) (where she is the chair of the corporate governance and nominating committee and a member
of the compensation committee), Select Comfort Corporation (bedding manufacturer and retailer) (where she is
the chair of the corporate governance and nominating committee and a member of the compensation committee),
and Wolverine World Wide, Inc. (footwear manufacturer) (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
(bank holding company). 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 the Chairman of the Board of Big Lots, Inc. Mr. Mallott is the former Vice President and
Chief Financial Officer of Intimate Brands, Inc. (intimate apparel and beauty product retailer). Mr. Mallott is also
currently a director of GNC Holdings, Inc. (health and wellness specialty retailer) (where he is a member of the
audit committee and compensation committee). Mr. Mallott previously served as a director of Tween Brands, Inc.
(clothing retailer). Mr. Mallott’s qualification as an “audit committee financial expert,” as defined by applicable
SEC Rules, 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. (boating supplies and accessories
specialty retailer) 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. (home furnishing and cookware 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,” as defined by applicable SEC Rules, 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 (music
retailer and wholesaler 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.