Mr. Sonsteby has served as a director of Valvoline since September 2016. Mr. Sonsteby served as Vice Chairman of The Michaels Companies, Inc., the largest arts and crafts specialty retailer in North America, from June 2016 until his retirement in October 2017. Previously, Mr. Sonsteby served as Chief Financial Officer and Chief Administrative Officer of The Michaels Companies from 2010 to 2016. Prior to that, Mr. Sonsteby served as CFO of Brinker International from 2001 until 2010 and held various other leadership positions at Brinker from 1990 to 2001. Education: Mr. Sonsteby holds a Bachelor of Science in accounting from the University of Kentucky. Public Company Boards: Mr. Sonsteby has served as a director of Darden Restaurants, Inc., a restaurant operator, since September 2014. Non-Profit Boards: Mr. Sonsteby is a member of the University of Kentucky Gatton College of Business Dean s Advisory Council. Qualifications: Mr. Sonsteby s extensive experience and knowledge in the areas of consumer wholesale; high-growth retail; restaurant and franchise operations, including leading Brinker s international franchise operations expansion into 28 countries; digital strategy, including leading the launch of Michaels e-commerce site; mergers, acquisitions, divestitures and corporate re-organizations; supply chain strategy; capital markets, including debt and equity offerings; capital allocation strategy; finance; internal audit; tax; treasury; and investor relations provide him with the qualifications and skills to serve as a director on our Board. He also brings significant experience gained from service on the board of directors of other publicly-traded companies, including current service at Darden Restaurants.