Pier 1 2016 Annual Report Download - page 89

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GOVERNANCE
ANN M.SARDINI
Ms. Sardini’s 20 plus years serving in senior financial management positions for
branded consumer products and media companies brings an extensive, multi-
faceted experience to the board.
Director Since: 2013
Age: 66
Committees: Audit (Chair)
Other Company Boards:
TreeHouse Foods, Inc.
Ideal Protein
❖Retail and Other Executive Experience:
From 2002 until her retirement in 2012, Ms. Sardini served as the chief financial officer of Weight Watchers International, Inc. She served as chief
financial officer of Vitamin Shoppe.com, Inc. from 1999 to 2001, and as executive vice president and chief financial officer for the Children’s
Television Workshop from 1995 to 1999. In addition, Ms. Sardini held finance positions ranging from controller to chief financial officer at QVC, Inc.,
Chris Craft Industries, and the National Broadcasting Company.
❖Director Experience:
Ms. Sardini currently serves on the board of directors of TreeHouse Foods, Inc. where she is lead independent director and serves on its
compensation committee, and where she previously served as audit committee chair and as a member of its nominating and governance
committee. Since January of 2016, Ms. Sardini has served as a director and audit committee chair of Ideal Protein, a privately held company.
❖Other Relevant Experience:
Currently, Ms. Sardini serves in a consulting and advisory capacity to early and mid-stage companies and private equity firms. Ms. Sardini also
currently serves on the advisory boards of Learnvest.com and the Promise Project Fund for the City of New York.
ALEXANDER W.SMITH
Mr. Smith has served on the board since joining Pier 1 Imports as president and
chief executive officer in February 2007 and brings over 40 years of retail and
international branding experience.
Director Since: 2007
Age: 63
Committees: None
Other Company Boards:
Tumi Holdings, Inc.
❖Retail and Other Executive Experience:
Prior to joining Pier 1 Imports, Mr. Smith served as Group President of the TJX Companies, Inc., where he oversaw the operations and development
of Home Goods, Marshalls, and TJ Maxx plus a number of corporate functions. He was instrumental in the development of the TK Maxx stores in
Great Britain and ran its international operations.
❖Director Experience:
Mr. Smith has served as a director of Tumi Holdings, Inc. since December 2013, including service as chairman of its nominating and corporate
governance committee and a member of its audit committee. Mr. Smith has also served as a director of Papa John’s International, Inc., including
service as chairman of its compensation committee and as a member of its audit committee.
❖Other Relevant Information:
Mr. Smith’s employment agreement provides that Pier 1 Imports will use its reasonable efforts to cause Mr. Smith to be nominated for election to
the board of directors at each annual meeting of shareholders of Pier 1 Imports held during his employment period, and to cause the board of
directors to recommend his election to the shareholders of Pier 1 Imports.
PIER 1 IMPORTS, INC. | 2016 Proxy Statement 7