Independent Age: 85 Director Since: 2002 Committees: CGN (Chair) , CC Background An independent management consultant to consumer goods and services companies, advising on management and marketing strategy, since January 1995 Former lecturer at the University of Virginia s Darden Graduate School of Business from 1996 until 2008 Chief Executive Officer of Borden, Inc. from December 1993 to January 1995, and was President and Chief Operating Officer from July 1993 until December 1993 President and Chief Executive Officer of Stride Rite Corporation from 1990 to 1992, and then served as its Chairman, President and Chief Executive Officer until 1993 Served in various management positions with General Foods and Kraft Foods from 1967 to 1989 Other Directorships Former Chairman of the Board of Sleep Number Corporation (SNBR) Former Board Chair of Western CT Health Network and Former Board Chair of Norwalk Hospital Director Qualifications Mr. Shames has expertise in management strategy that is valuable to the Board both as a resource for use in evaluating the performance of the Company s executive team, as well as for developing and fostering management initiatives and incentives within the Company. Mr. Shames experience as an executive of consumer products-based companies aligns well with the Board s constant evaluation of the Company s hotel brand performance and plans for brand development and enhancement. Mr. Shames experience as former Board Chair of Western CT Health Network and as former Board Chair of Norwalk Hospital provides valuable insight from outside of the hospitality industry. Mr. Shames background as a lecturer at the Darden School of Business exposed him to a variety of ideas and strategies in the area of business management that are valuable to the Board as a basis for enhancing or refining the Company s management practices and corporate governance procedures. Mr. Shames has served on numerous for-profit and not-for-profit boards that have provided him in- depth governance experience.