Company Information
Board of Directors
Samuel E. Beall, III
Director of the Company since 1982
Age: 62
Mr. Beall has served as Chairman of the Board and Chief Executive Officer of the Company since May 1995 and also as President of the Company since July 2004. Mr. Beall served as President and Chief Executive Officer of the Company from June 1992 to May 1995 and President and Chief Operating Officer of the Company from September 1986 to June 1992. Mr. Beall also serves as a board member of several private companies, including Pilot Corporation, Pilot Travel Centers, LLC, SSC Service Solutions Co., and Blackberry Hotel Company Inc. Mr. Beall also serves as a director of Windstream Corporation.
Claire L. Arnold
Director of the Company since 1994
Age: 65
Ms. Arnold has been Chair and Chief Executive Officer of Leapfrog Services, Inc., a privately-held technical outsourcing company, since April 1998. Ms. Arnold served as President and Chief Executive Officer of Nicotiana Enterprises, Inc., a family holding company, from November 1992 to April 1994. Prior to that, Ms. Arnold was Chair and Chief Executive Officer of NCC L.P. from August 1979 to November 1992. Ms. Arnold previously served as a director for Advance America, Cash Advance Centers, Inc. Ms. Arnold also serves as a director of Schweitzer-Mauduit International, Inc.
Steven R. Becker
Director of the Company since 2011
Age: 45
Mr. Becker has been a partner of Becker Drapkin Management (previously known as Greenway Capital), a Dallas-based small cap investment fund, since September 2004. Previously, Mr. Becker was a partner at the Special Situations Funds, a New York City-based asset manager, which he joined in April 1997, and ran the Special Situations Private Equity Fund from its inception until leaving to establish Becker Drapkin Management. Prior to joining Special Situations Funds, Mr. Becker was a part of the distressed debt and leveraged equities research team at Bankers Trust Securities. He began his career at Manley Fuller Asset Management in New York as a small cap analyst. Mr. Becker previously served on the board of directors of Plato Learning, Inc., a publicly traded educational software company, until it was acquired in May 2010. Mr. Becker also serves as a director of Hot Topic, Inc., and Strategic Diagnostics, Inc.
Kevin T. Clayton
Director of the Company since 2006
Age: 49
Mr. Clayton has served as President and Chief Executive Officer of Clayton Homes, Inc. (a Berkshire Hathaway Company) since 1999. Prior to serving as President and Chief Executive Officer, Mr. Clayton served as Chief Operating Officer of Clayton Homes, Inc. from 1997 to 1999 and as Vice President of Clayton Homes, Inc. and President of Vanderbilt Mortgage and Finance, Inc. from 1995 until 1997.
Matthew A. Drapkin
Director of the Company since 2011
Age: 39
Mr. Drapkin has been a partner at Becker Drapkin Management since December 2009. Previously, he served as head of research, special situations and private equity at ENSO Capital, a New York-based hedge fund, from March 2008 to October 2009. From January 2003 to March 2008, Mr. Drapkin worked at MacAndrews & Forbes, a private investment firm, where he most recently served as the Senior Vice President, Corporate Development, responsible for sourcing, evaluating and executing investment opportunities. Prior to MacAndrews & Forbes, Mr. Drapkin was the general manager of several Condé Nast Internet sites and an investment banker at Goldman Sachs. Mr. Drapkin previously served on the board of directors of Plato Learning, Inc., a publicly traded educational software company, until its acquisition in May 2010 and Alloy, Inc., a publicly traded media and marketing company, from April 2010 until its acquisition in November 2010. Mr. Drapkin also serves as a director of Hot Topic, Inc. and Glu Mobile, Inc.
James A. Haslam, III
Director of the Company since 1999
Age: 58
Mr. Haslam has been President and Chief Executive Officer of Pilot Travel Centers, LLC, a nationwide operator of travel centers, since September 2001. Mr. Haslam served as Chief Executive Officer of Pilot Corporation, an operator of convenience stores and travel centers in over 40 states, from July 1995 to September 2001 and since October 2008. From 1976 to 1995, Mr. Haslam was Executive Vice President of Pilot Corporation. Mr. Haslam previously served as a director of Dillards, Inc. within the last five years. Mr. Haslam also serves as a director of First Horizon National Corporation.
Bernard Lanigan, Jr.
Director of the Company since 2001
Age: 64
Mr. Lanigan founded and has served as Chairman and Chief Executive Officer of Southeast Asset Advisors, Inc., a registered investment advisor and wealth management company, since 1981. Also, Mr. Lanigan founded and has served as Chairman of Lanigan & Associates, P.C., Certified Public Accountants and Consultants, since 1974.
Dr. Donald Ratajczak
Director of the Company since 1981
Age: 69
Dr. Ratajczak is a consulting economist for Morgan, Keegan & Co, and who, from May 2000 until April 2003, was Chairman and Chief Executive Officer of BrainWorks Ventures, Inc. (formerly known as Auric Metals Corporation), a company that provided investment and advisory services for startup technology companies. Dr. Ratajczak also served as President of AssuranceAmerica Corporation (successor by merger to BrainWorks Ventures, Inc.) from May 2003 to November 2003. From July 1973 until his retirement in June 2000, Dr. Ratajczak served as Professor and Director, and was also the founder, of the Economic Forecasting Center at Georgia State University. Mr. Ratajczak also serves as a director of Crown Crafts, Inc., Citizens Bancshares Corporation, and AssuranceAmerica Corporation.
Stephen I. Sadove
Director of the Company since 2002
Age: 61
Mr. Sadove has served as Chief Executive Officer of Saks Incorporated since January 2006 and assumed the position of Chairman of the Saks Incorporated Board in May 2007. Before becoming Chief Executive Officer, Mr. Sadove served Saks Incorporated as Vice Chairman from January 2002 to March 2004 and served as Vice Chairman and Chief Operating Officer from March 2004 to January 2006. Prior to his position with Saks Incorporated, Mr. Sadove served as Senior Vice President of Bristol-Myers Squibb Company ("Bristol-Myers") and President of Bristol-Myers Worldwide Beauty Care and Nutritionals from 1996 to January 2002. Mr. Sadove previously served on the Board of Trustees of Equity Office Properties Trust within the last five years. Mr. Sadove also serves as a director of Saks Incorporated, and Colgate-Palmolive Co.