Richard L. Wambold has been Chairman of the Company since March 2000, and has been Chief Executive Officer since its spin-off in November 1999. Mr. Wambold is also a director of Cooper Tire and Rubber Company. Mr. Wambold is 56 years old and has been a director of the Company since June 1999. Mr. Wambold joined the Board of the Company effective in March 2012. Mr. Wambold previously served as Chief Executive Officer of Reynolds/Pactiv Foodservice and Consumer Products, a global manufacturer and supplier of consumer food and beverage packaging and store products from November 2010 until January 2011 when he retired. Mr. Wambold was Chief Executive Officer of Pactiv from November 1999 until November 2010 and was Chairman of the Board from 2000 until November 2010. Mr. Wambold has been a private investor since January 2011. Mr. Wambold is also a director of Precision Castparts Corp. and Cooper Tire & Rubber Company. Mr. Wambold holds a B.A. in Government and a masters of business administration from the University of Texas.