ibilities. Our board of directors expects to periodically review its leadership structure to ensure that it continues to meet the company's needs. Role of Board in Risk Oversight While the full board of directors has the ultimate oversight responsibility for the risk management process, its committees oversee risk in certain

d to Mr. Humeri, our Board considered his many years of experience as chief executive officer and chairman of the hoard of a publicly held company. Role of Board in Risk Oversight The Board has extensive involvement in the oversight of risk management related to us and our business and accomplishes this oversight through the