Samuel M. Veasey

Overview

Mr. Veasey was elected as Chief Financial Officer on September 9, 2004. Mr. Veasey was Senior Vice President and Chief Financial Officer for Vector Tobacco (USA) Ltd. from October, 2000 until his retirement in July 2001. Vector Tobacco (USA) Ltd. marketed a "reduced carcinogen" cigarette utilizing carbon and catalytic filters. From July 2001 to September 2004 Mr. Veasey was retired. Vector Tobacco was an operating subsidiary of Vector Group, Ltd. (NYSE: VGR). Mr. Veasey was Senior Vice President - Finance of Liggett Group, Inc. from January 1997 to September 2000, and was Vice President, Chief Financial Officer and Treasurer of Liggett Group, Inc. from June 1996 to December 1996. He was the Director of Corporate Accounting of Liggett from July 1993 to May 1996. Mr. Veasey joined Liggett in August 1967 and held various positions in the Finance Department. The Liggett Group, Inc. is one of the longest established tobacco companies in the United States. Mr. Veasey was responsible for all financial activities of The Liggett Group including accounting, budgeting, internal control, debt compliance, internal and external reporting, cash management as well as human resources and information systems. On September 7, 2006, Samuel Veasey resigned as the Registrant's Chief Financial Officer for personal reasons.