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Ronald E. Scherer

January 1, 1990

Chairman and Chief Executive Officer Scherer Companies Current: Senior Chairman United Magazine Company – Dublin, Ohio

Ronald Scherer is Chairman and CEO of Scherer Companies, wholesale distributors of magazines and paperback books. He is also the Chairman of the Jefferson Savings Bank, National Wholesale Drug Company (a wholesale distributor of pharmaceuticals and health and beauty aids), the Imperial News Company, which distributes magazines and paperbacks, and National Sign and Signal, manufacturers of fiber optic signage. He is President of the professional Acquisition Corp., a real estate investment and development holding company and Chairman and President of the Muirfield Village Company, real estate developers. He was educated at Northwood Institute and Franklin University. He is a director of the Council for Periodical Distribution Association, the Mid American Periodical Distribution Association, the Periodical Institute and the Independent Distributors of Great Lakes. He is a lifetime member of the Twenty Five Year Club, an industry charitable organization, and a member of the Dublin Youth Athletic Association. He is a sports enthusiast, as well! Mr. Scherer has received the Brandeis University Man of the Year Award and the Anti Defamation League’s Torch of Liberty Award. “Success is establishing a goal and working each day to meet that goal, no matter how long it takes.”