Peter Boneparth

Overview

On May 1, 2008, the Company issued a press release announcing that the Board of Directors has increased the size of the Board and has elected Peter Boneparth to fill the new Board seat effective immediately. From March 2002 to July 2007, Mr. Boneparth was president and chief executive officer of Jones Apparel Group, a leading designer and marketer of apparel and footwear brands, including Nine West, Easy Spirit, Jones New York, and Evan-Picone, among others. From July 2001 through March 2002, he served as chief executive officer of Jones Moderate Division, and was a member of the Jones Apparel Group board of directors from July 2001 through July 2007. He was chief executive officer, president and board member of McNaughton Apparel Group from April 1997 to July 2001. Prior to that, Mr. Boneparth spent 10 years in the investment banking field and has also practiced law with a private firm.