Governance
Item 1 - Election of Directors
Maria Elena Lagomasino
Director since 2008
Age: 67
Board Committees:
Compensation (Chair), Directors
and Corporate Governance,
Management Development
Other Public Company Boards:
The Walt Disney Company
(since 2015)
GOVERNANCE
Ms. Lagomasino is Chief Executive Officer and Managing Partner of WE Family Offices, a global family
office serving high net worth families, and has held these positions since March 2013. Ms. Lagomasino
served as Chief Executive Officer of GenSpring Family Offices, LLC, an affiliate of SunTrust Banks, Inc.,
from November 2005 through October 2012. From 2001 to 2005, Ms. Lagomasino was Chairman
and Chief Executive Officer of JPMorgan Private Bank, a division of JPMorgan Chase & Co., a global
financial services firm. Prior to assuming this position, she was Managing Director of The Chase
Manhattan Bank in charge of its Global Private Banking Group. Ms. Lagomasino had been with The
Chase Manhattan Bank since 1983 in various positions in private banking. She served as a Director
of the Company from April 2003 to April 2006. She previously served as a Director of Avon Products,
Inc. from October 2000 to March 2016.
Key Qualifications and Experience:
High Level of Financial Experience
Over 34 years of experience in the financial industry and a recognized leader in the wealth management industry. Chief Executive Officer and Managing
Partner of WE Family Offices, a global family office serving high net worth families. Former Chief Executive Officer of GenSpring Family Offices, LLC, a
wealth management firm. Founding member of the Institute for the Fiduciary Standard, a nonprofit formed in 2011 to provide research, education and
advocacy of the fiduciary standard’s importance to investors receiving investment and financial advice.
Relevant Senior Leadership/Chief Executive Officer Experience
Serves as Chief Executive Officer of WE Family Offices and served as Chief Executive Officer of GenSpring Family Offices, LLC and JPMorgan Private Bank.
Broad International Exposure/Emerging Market Experience
Significant international experience as Chief Executive Officer of GenSpring Family Offices, LLC and Chairman and Chief Executive Officer of JPMorgan
Private Bank. During tenure with The Chase Manhattan Bank, served as Managing Director of the Global Private Banking Group, Vice President of private
banking in the Latin America region and head of private banking for the western hemisphere. Over 39 years of experience working with Latin America.
Exposure to international issues as a Board member of the Americas Society and the Cuba Study Group, as a Trustee of the National Geographic Society
and as a member of the Council on Foreign Relations.
Diversity
Hispanic; female.
Risk Oversight/Management Expertise
Extensive oversight of risks associated with wealth management and investment strategies as Chief Executive Officer and Managing Partner of WE Family
Offices, and as Chief Executive Officer of GenSpring Family Offices, LLC and JPMorgan Private Bank.
Sam Nunn
Mr. Nunn is Co-Chairman and Chief Executive Officer of the Nuclear Threat Initiative, a position he
has held since 2001. The Nuclear Threat Initiative is a nonprofit organization working to reduce the
global threats from nuclear, biological and chemical weapons. He is Chairman Emeritus of the Board
of Trustees of the Center for Strategic and International Studies. He served as a member of the U.S.
Senate from 1972 through 1996. He previously served as a Director of General Electric Company from
1997 to April 2013 and Hess Corporation from August 2012 to May 2013.
Director since 1997; Lead
Independent Director since 2014
Age: 78
Board Committees: Directors
and Corporate Governance
(Chair), Finance, Public Issues
and Diversity Review
Other Public Company Boards:
None
Key Qualifications and Experience:
High Level of Financial Experience
Has served on the Company’s Finance Committee for over 19 years. Served on the Finance Committee of Dell Inc. and the Audit Committees of Dell Inc.
and Scientific-Atlanta, Inc.
Relevant Senior Leadership/Chief Executive Officer Experience
Serves as Co-Chairman and Chief Executive Officer of the Nuclear Threat Initiative and served as Chairman of the Board of Trustees of the Center for
Strategic and International Studies from 1999 to 2015. Former Senior Partner of King & Spalding LLP, a global law firm. Served as a U.S. Senator from
Georgia from 1972 to 1996.
Broad International Exposure/Emerging Market Experience
16-year public company directorship at General Electric Company, a global digital industrial company which serves customers in approximately 180
countries. 14-year public company directorship at Chevron Corporation, which has U.S. and international subsidiaries that engage in fully integrated
petroleum operations, chemicals operations, mining activities, power generation and energy services. 12-year public company directorship at Dell Inc.,
a global information technology company. Also served as a Director of Hess Corporation, a global independent energy company. Chairman Emeritus
of the Board of Trustees of the Center for Strategic and International Studies, a preeminent international policy institution, where he served as Chairman
from 1999 to November 2015.
Marketing Experience
Regular exposure to marketing and marketing-related technology through directorships at Dell Inc., a global information technology company, General
Electric Company, a global digital industrial company, and Chevron Corporation, one of the world’s leading integrated energy companies.
Governmental or Geopolitical Expertise
Recognized leader in the U.S. on national security and foreign policy. Extensive experience in government, public and social policy and
international affairs as a result of his 24 years of service as a U.S. Senator from Georgia and since 2001 as Co-Chairman and Chief Executive
Officer of the Nuclear Threat Initiative. During his tenure in the U.S. Senate, chaired the Senate Committee on Armed Services and the Permanent
Subcommittee on Investigations. Also served on the Senate Intelligence and Small Business Committees. Continues his service in the public policy
arena as Distinguished Professor in the Sam Nunn School of International Affairs at Georgia Institute of Technology. Served as Chair of the Public
Responsibilities Committee at General Electric Company and served as Chair of the Public Policy Committee at Chevron Corporation.
2017 Proxy Statement 23