Gerald B. Smith was appointed to the audit committee in April 1994. He is chairman and chief executive officer of Smith, Graham & Company Investment Advisors, a global investment management firm, which was founded in 1990. He is a member of the board of trustees of Charles Schwab Family of Funds; lead independent director and deputy chairman of Cooper Industries; and a former director of the Fund Management Board of Robeco Group, Rorento N.V. (Netherlands) and Pennzoil Corporation. He is also a member of the board of directors of ONEOK, Inc.