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Joseph E. Antonini

January 1, 1990

Chairman of the Board, President and Chief Executive Officer Kmart Corporation Current: JEA Enterprises, L.L.C. – Troy, Michigan

Joseph Antonini’s election to his current position culminates a rapid rise through the ranks of the nation’s second largest retailer. Beginning as a management trainee after graduation from West Virginia University, he learned merchandising, store operations and stock room procedures. Promotions followed rapidly. His regional experience includes positions in New York, Pennsylvania, Connecticut, Washington, DC and numerous national division posts. Mr. Antonini spearheaded one of the most dramatic changes that has been implemented as an overall change in Kmart’s merchandising direction. He introduced a new, upscaled merchandise mix and physical presentation which incorporates top national brands, strong private label lines and celebrity designed, merchandised and marketed lines. High quality standards and a commitment to a policy of “best everyday price” are components of the highly successful Kmart corporate credo. Mr. Antonini’s emphasis is strongly consumer oriented and service oriented in the use of modern technology. “Real success is not measured in dollars and cents, but rather the feeling of self satisfaction with our accomplishments.”