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Alex W. Dreyfoos, Jr.

January 1, 1994

Chairman WPEC – TV12/Photo Electronics Corporation Current: Chairman of the Board The Dreyfoos Group – West Palm Beach, Florida

Alex Dreyfoos, born in 1932 in New York, is the Chairman of the Board and majority stockholder of Photo Electronics Corporation, manufacturers of electronic equipment for the photographic industry; owners of WPEC TV-12, the CBS affiliate in West Palm Beach, Florida. He holds a B.S. degree from M.I.T., and an M.B.A. degree from the Harvard Business School. He is an inventor, holding ten U.S. patents and numerous foreign patents in the fields of electronics and photography. He formed Photo Electronics Corporation with the late George W. Martens in 1963. The firm occupies a modern 60,000 square foot complex in West Palm Beach. Mr. Dreyfoos was instrumental in forming and served as the first chairman of the Palm Beach County Council of the Arts, now the Palm Beach County Cultural Council. For fourteen years he led the efforts to build a world-class performing arts center in Palm Beach County. That dream became a reality in September 1992 when the $55 million (largely privately financed) Raymond F. Kravis Center for the Performing Arts opened its doors. He continues to serve as chairman of the 2,200 seat multipurpose facility. He is a trustee of the MIT Corporation, and chairs the Visiting Committee for the School of Architecture and Planning/Media Arts and Sciences. He is a director of the Trudeau Institute, a biomedical research organization in Saranac Lake, New York, doing acclaimed research on the immune system. He is an active member of the World Presidents’ Organization and a former member of YPO. “To be able to see what hasn’t been seen before drives future entrepreneurs.”