President Emeritus of Thunderbird School of Global Management since November 2004. Mr. Herberger was President of Thunderbird from 1989 until August 2004. Mr. Herberger is also a director of MedAire, Inc., the Apollo Group and ECO. He served as Dean of the Edwin L. Cox School of Business at Southern Methodist University from 1982 to July 1989. Dr. Herberger served as Associate Dean for Academic Affairs at the Graduate School of Business at the University of Southern California (USC). Dr. Herberger has been a Director of Motorsports Authentics, LLC (Motorsports Authentics Inc.) since November 11, 2002 and its Lead Director since July 31, 2005. He has been a Director of Pinnacle West Capital Corp. since 1992. Dr. Herberger has been a Director of Syntellect Inc. since September 2001. He serves as a Director of COMPAS, Inc., Inroads Arizona and Inroads National, Bank of America Arizona and Express America Holdings, Inc. Dr. Herberger serves as a Director of Action Performance Companies, Inc. and Arizona Public Service Company. He serves on the Board of Directors of Direct Merchants Credit Card Bank, N.A. and Apollo Global Inc. Dr. Herberger has been a Director of ING Pilgrim Capital Corporation since March 1992. He has been a Director of Apollo Group Inc. since June 21, 2007 and has been its Lead Independent Director since September 23, 2010. Dr. Herberger served as a Director of Microage, Inc., since January 18, 1996. He served as an Advisory Director of MedAire Inc., since May 2004. He served as Director of ECO2 Plastics, Inc. from May 22, 2007 to January 30, 2009. Dr. Herberger served as a Director of Icrossing, Inc. He served as a Director of BW/IP, Inc. and its subsidiary, BW/IP International, Inc. since February 19, 1997. He has been a Trustee of Mayo Clinic (formerly known as Mayo Clinic Rochester) since 2006. Dr. Herberger has participated on the State of Arizona's Governor's Task Forces for Work Force Development and e-learning and the New Economy. He graduated from the University of Colorado in 1971 with a Ph.D. in Business and in Marketing and from the University of Texas, Austin with an M.A. in Communication in 1968 and a B.A. in Business in 1966.