Mr. Fraser is the President of Sackett Partners Incorporated, a consulting company, and a member of corporate boards. Mr. Fraser established Sackett Partners in 2000 upon retiring from a 27-year. career in investment banking. From 1995 to 2000, Mr. Fraser was with The Chase Manhattan Bank, now JP Morgan Chase, where he was Managing Director, Group Executive of the global oil and gas group. Prior to that, Mr. Fraser was General Partner of Lazard Freres & Co., which he joined in 1978. Chairman, Audit Committee; Compensation and Benefits Committee. Forest Oil Corporation; Terra Industries, Inc. WE RECOMMEND A VOTE "FOR" THE ELECTION OF THE DIRECTOR NOMINEES. Class II directors to continue in office until 2009: