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F.B. Nutter, Sr.

January 1, 1995

Chairman of the Board and Chief Executive Officer F.B. Nutter Leasing Company Pompano Beach, Florida Current: President and Chief Executive Officer F.B. Nutter Leasing Company (Deceased) – Ft. Lauderdale, Florida

After serving the United States Army Air Corps, Mr. Nutter joined the Baldwin Machinery Company, a construction equipment distributor, in Charleston, West Virginia as Vice President and Sales Manager. In 1950 he joined Vecellio and Grogan, a general contracting company, as General Manager. In 1956, Mr. Nutter became Vice President and General Manager of Cecil I. Walker Machinery Company, a Caterpillar equipment distributor in Charleston, West Virginia. In 1964, he was elected President and Chief Executive Officer of Mynu Coals, Inc. and the Hobet Mining and Construction Company of Charleston. The companies operated by Mr. Nutter employed between four to six hundred people with a combined gross volume ranging from $25 million to $40 million per year. These businesses were made up of mining construction equipment, coal hauling equipment, drills, blasting equipment and heavy mining machinery. In 1976, he resigned as president of these corporations and relocated to Florida. He has since become involved in the commercial land development business and constructed a medical center and four-story office building in Pompano Beach. Mr. Nutter continues to be actively involved in the mining business with two new enterprises back in West Virginia. He has served on the Board of Directors for Wendy’s International since 1980. “Remember – you never fail until you quit.”