Charles R. Reaves

Director

Charles R. Reaves has served as a director of the Company since February 1996. Since 1994, Charles has been President and Chief Executive Officer of Reaves Enterprises, Inc., a real estate development company. From April 1962 until November 1994, Charles worked for Sears Roebuck & Company in various positions, most recently as President and Chief Executive Officer of Sears Logistics Services, Inc., a transportation, distribution and home delivery subsidiary of Sears Roebuck & Company. Charles received a Bachelor of Science degree in Business Administration from Arkansas State University in 1961.