MICHAEL T. TOKARZ (2, 4, 5)
Director since 1987
Chairman and Presiding Director

Mr. Tokarz, 62, has served as the Company's non-executive Chairman since December 2006. Since 2002, Mr. Tokarz has been a member of The Tokarz Group, LLC, a private merchant bank. Prior to this, from 1996, Mr. Tokarz was a senior General Partner and Administrative Partner at Kohlberg Kravis Roberts & Co., a private equity firm specializing in management buyouts. Mr. Tokarz received a Bachelor of Arts degree in Economics and a Master of Business Administration degree in Finance from the University of Illinois. In 2007, Mr. Tokarz was honored by the Outstanding Directors Exchange (ODX) as an Outstanding Director of the Year.

During the last five years, Mr. Tokarz has served as a director of Walter Investment Management Corp., a mortgage servicer and mortgage portfolio owner (2009-present), Mueller Water Products, Inc., a manufacturer and marketer of water infrastructure and flow control products (2006-present), MVC Capital, Inc., a registered investment company (2004-present), CNO Financial Group, Inc., an insurance provider (2003-present), IDEX Corporation, a manufacturer of engineered specialty industrial products (1987-present) and Dakota Growers Pasta Company, Inc., a manufacturer and marketer of dry pasta products (2004-2010).

DAVID R. BEATTY (2, 4)
Director since 2011

Mr. Beatty, 71, has served as the Conway Director for the Clarkson Centre for Business Ethics & Board Effectiveness and the Professor of Strategic Management at the University of Toronto's Rotman School of Management since 1997. He was the former Managing Director of the Canadian Coalition for Good Governance, is Honorary Consul to Canada for the Government of Papua New Guinea and, in 1993, was awarded the Order of the British Empire (O.B.E.). Mr. Beatty received a Bachelor of Arts degree in Economics from the University of Toronto, Trinity College, Canada and was a Nuffield Scholar at the University of Cambridge, Queens' College, United Kingdom where he obtained a Master of Arts degree in Economics.

During the last five years, Mr. Beatty has served as a director and is currently Chairman of Inmet Mining Corporation, a Canadian based global mining company that produces copper and zinc (2003-present), FirstService Corporation, a global diversified provider of real estate services (2001-present), Bank of Montreal, an international retail banking, wealth management and investment banking firm (1992-2012) and Western Coal Corp., a producer of high quality metallurgical and compliant thermal coal (2010-2011).

MARY R. “NINA” HENDERSON
Director since February 2013

Ms. Henderson, 62, is the managing partner of Henderson Advisory, a consulting practice providing marketing perspective and business evaluation to investment management firms in the consumer products and food industries where she has worked since 2001. She was previously a corporate vice president of Bestfoods and president of Bestfoods Grocery. During her 30-year career with Bestfoods and its predecessor company, CPC International, Ms. Henderson held a wide variety of international and North American general management and executive marketing positions. Currently, Ms. Henderson is a director of the Visiting Nurse Service of New York and the Foreign Policy Association, and is a trustee of Drexel University. She holds a Bachelor of Science degree from Drexel University.

During the last five years, Ms. Henderson has served as a director of CNO Financial Group (2012-present), AXA Financial Inc. (1996-2011), Del Monte Foods Company (2002-2011), Pactiv Corporation (2000-2010) and Royal Dutch Shell plc and its predecessor company, The Shell Transport and Trading Company (2001-2009).

JERRY W. KOLB (1, 3*)
Director since 2003

Mr. Kolb, 77, was a general partner and the Vice Chairman of Deloitte & Touche LLP ("Deloitte") from 1986 until his retirement in 1998. Deloitte (and its predecessor Deloitte Haskins & Sells) is a registered public accounting firm providing audit, consulting, financial advisory, risk management and tax services. In addition to his position as Vice Chairman, Mr. Kolb served as Chief Financial Officer of Deloitte from 1985 through 1992 and Chief Administrative Officer from 1985 through 1991. Mr. Kolb joined Deloitte in 1957. Mr. Kolb is a certified public accountant and received a Bachelor in Science degree in Accountancy from the University of Illinois and a Master of Business Administration degree in Finance from DePaul University.

During the last five years, Mr. Kolb has served as a director of Mueller Water Products, Inc., a manufacturer and marketer of water infrastructure and flow control products (2006-present).

PATRICK A. KRIEGSHAUSER (1*, 2)
Director since 2006

Mr. Kriegshauser, 51, has been Executive Vice President, Chief Financial Officer and a principal owner of Sachs Electric Company, a specialty electrical and design firm, since February 2000. During 1985 to 2000, Mr. Kriegshauser served in various executive capacities for Arch Coal, Inc., a coal producer and marketer, last serving as Senior Vice President and Chief Financial Officer from 1996 through 2000. Mr. Kriegshauser is a certified public accountant and received a Bachelor of Science degree in Accounting from Missouri Central State University and a Master of Business Administration degree from Southern Illinois University.

During the last five years, Mr. Kriegshauser has not served as a member of any other public company board.

JOSEPH B. LEONARD (1, 5)
Director since 2009, previously, from June 2005 to April 2007

Mr. Leonard, 69, served as interim Chief Executive Officer of the Company from March 12, 2010 through April 1, 2011 and again from August 1, 2011 through September 11, 2011. Mr. Leonard previously served as Chairman of AirTran Holdings, Inc., an airline holding company, from 2007 until his retirement in June 2008. From 1999 through 2007, he served as Chairman and Chief Executive Officer of AirTran Holdings, Inc., with the additional title of President from 1999 through 2001. From 1993 to 1998, Mr. Leonard served in various executive positions with Allied Signal Aerospace, a diversified global technology and manufacturing leader of aerospace products, last serving as President and Chief Executive Officer of its Marketing, Sales and Service Divisions. Mr. Leonard received a Bachelor of Science degree in Aerospace Engineering from Auburn University.

During the last five years, Mr. Leonard has served as a director of Air Canada, a full service airline company (2008-present), and Mueller Water Products, Inc., a manufacturer and marketer of water infrastructure and flow control products (2006-present).

GRAHAM MASCALL (3)
Director since 2011

Mr. Mascall, 65, served as Chief Executive Officer of Ncondezi Coal Company Ltd, an exploration and development company with coal assets in Mozambique, from December 2009 to June 2012, and from 2006 to 2009, Mr. Mascall served as Chief Executive Officer of Lubel Coal (UK) Ltd, a privately held coal development company active in the Ukraine. Prior thereto, Mr. Mascall held senior executive positions with Billiton plc and Outokumpu Metals and Resources International Limited and with investment banks such as Deutsche Morgan Grenfell and Barclays Bank. Mr. Mascall received a Mining Engineer degree from the Camborne School of Mines in Cornwall, United Kingdom and a Master of Engineering degree in Mineral Economics from McGill University, Montreal, Canada.

During the last five years, Mr. Mascall has served as a director of Ncondezi Coal Company Ltd, an exploration and development company with coal assets in Mozambique (2009-present), Gemfields PLC, a colored gemstone producer (2009-present), London Mining plc, an iron ore development company (2010-2013), Western Coal Corp., a producer of high quality metallurgical and compliant thermal coal (2010-2011), Caledon Resources plc, a coking coal producer in the Bowen Basin of Queensland, Australia (2003-2010), Katanga Mining Limited (2007-2008) and Uramin Inc., an international uranium mining and development company (2006-2008).

BERNARD G. RETHORE (4*, 5)
Director since 2002

Mr. Rethore, 71, has been Chairman of the Board, Emeritus of Flowserve Corporation, a global manufacturer of pumps, valves, seals and components, since April 2000. From January 2000 to April 2000, he served as Flowserve Corporation's Chairman. He had previously served as Chairman and Chief Executive Officer of Flowserve Corporation from July 1997 through January 2000 and held the additional title of President from October 1998 to July 1999. In 1997 Mr. Rethore served as Chairman of BW/IP, Inc., a supplier of fluid transfer and control systems to the petroleum and power industries, also serving as President, Chief Executive Officer and a director from 1995 through 1997. From 1989 to 1995, Mr. Rethore held various senior positions with Phelps Dodge Corporation, a copper mining and metals and chemical manufacturer, including Senior Vice President of Phelps Dodge Corporation, member of its Senior Management Committee and President of Phelps Dodge Industries. He began his business career at McKinsey & Company, Inc., a general management consulting firm. During his career, Mr. Rethore has conducted business extensively throughout the U.S., Europe, Latin America and Asia. In 2008, Mr. Rethore was honored by the Financial Times' (FT) Outstanding Directors Exchange (ODX) as an outstanding Director of the Year. In 2012, he was designated a Board Leadership Fellow by the National Association of Corporate Directors (NACD). Mr. Rethore earned a Bachelor of Arts degree in Economics (Honors) from Yale University and a Master of Business Administration degree from the Wharton School of the University of Pennsylvania, where he was a Joseph P. Wharton Scholar and Fellow.

During the last five years, Mr. Rethore has served as a director of Mueller Water Products, Inc., a manufacturer and marketer of water infrastructure and flow control products (2006-present) and Dover Corp., a manufacturer of a wide range of proprietary products world-wide (2001-present). He has also served as a director of Belden, Inc., a manufacturer of signal transmission products (1997-2012).

WALTER J. SCHELLER, III (5)
Director since 2011
Chief Executive Officer

Mr. Scheller, 52, was appointed the Company's Chief Executive Officer in September 2011 after having served approximately fifteen months as President and Chief Operating Officer of the Company's primary subsidiary, Jim Walter Resources, Inc. He joined Walter Energy from Peabody Energy Corporation, where he served as Senior Vice President—Strategic Operations from June 2006 to June 2010. Prior to his career at Peabody, from August 2005 to June 2006, Mr. Scheller worked for CNX Gas Corporation as Vice President Northern Appalachia Gas Operations and, prior to that, at Consol Energy where he held a number of executive and operational roles, the last of which was Vice President—Operations. Mr. Scheller holds a Bachelor of Science degree in Mining Engineering from West Virginia University, a Juris Doctor degree from Duquesne University and a Master of Business Administration degree from University of Pittsburgh—Joseph M. Katz Graduate School of Business.

During the last five years, Mr. Scheller has not served as a member of any other public company board.

A.J. WAGNER (2*,3)
Director since 2007

Mr. Wagner, 62, served in various executive capacities for Ford Motor Company, a global automotive company, beginning in 1973, culminating in his appointment as President of Ford Motor Credit North America and Vice President of Ford Motor Company prior to his retirement in 2007. Mr. Wagner has served as President and CEO of AJ Wagner & Associates, LLC, a business consulting organization specializing in automotive, financial, lending and insurance advisory services since 2007. Mr. Wagner received a Bachelor of Science degree in Finance with highest honors from the University of Wisconsin and a Master of Business Administration degree from the University of Detroit.

During the last five years, Mr. Wagner served as a director of Lithia Motors, Inc., an automotive company (2008-2009).