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MANAGEMENT
EXECUTIVE OFFICERS AND DIRECTORS
Set forth below are the names and positions of our executive officers and
directors. We currently expect to appoint additional directors following the
spin-off.
NAME AGE POSITION
---- --- --------
Mark C. Layton....................................... 40 Chairman of the Board, President and
Chief Executive Officer
Christopher Yates.................................... 44 Executive Vice President, Chief Sales and
Marketing Officer and Director
Steven S. Graham..................................... 47 Executive Vice President, Chief
Information Officer
Thomas J. Madden..................................... 38 Executive Vice President, Treasurer,
Chief Financial and Accounting Officer
C. Clifford Defee.................................... 40 Vice President -- Operations and Client
Solutions, Chief Operating Officer
Martin L. Anderson................................... 34 Vice President -- Customer Satisfaction
Lindsley D. Medlin Jr. .............................. 35 Vice President, Managing Director (PFS
Europe)
Scott R. Talley...................................... 35 Vice President -- International
Distribution
Harvey H. Achatz..................................... 58 Vice President -- Administration and
Secretary
James R. Powell...................................... 38 Director
Timothy M. Murray.................................... 47 Director
Peter P. J. Vikanis.................................. 48 Director
James F. Reilly...................................... 40 Director
Mark C. Layton, has served as Chairman of the Board, President and Chief
Executive Officer of PFSweb since its inception. Mr. Layton also serves as
President, Chief Executive Officer and Chief Operating Officer of Daisytek,
positions he has held since 1997, and as a Director, a position he has held
since 1988. Mr. Layton was recently appointed as Chairman of the Board of
Daisytek. Mr. Layton served as President, Chief Operating Officer and Chief
Financial Officer of Daisytek from 1993 to April 1997, as Executive Vice
President from 1990 to 1993 and as Vice President -- Operations from 1988 to
1990. Prior to joining Daisytek, Mr. Layton served as a management consultant
with Arthur Andersen & Co., S.C. for six years through 1988 specializing in
wholesale and retail distribution and technology. Mr. Layton also serves as a
Director of ISA International plc ("ISA"), a distributor of computer supplies in
Western Europe, and uBid, Inc., an Internet auction company.
Christopher Yates has served as Executive Vice President, Chief Sales and
Marketing Officer and Director of PFSweb since its inception. Mr. Yates also
serves as Senior Vice President -- Business Development of Daisytek, a position
he has held since 1996, with primary responsibility for PFS. Mr. Yates also
serves as a Director of Daisytek, a position he has held since 1995. Mr. Yates
served as Vice President -- Business Development of Daisytek from November 1995
to February 1996, as Vice President -- Marketing from January 1994 to November
1995, as Vice President -- Sales from 1988 to 1994 and in various other sales
capacities for Daisytek since 1982.
Steven S. Graham has served as Executive Vice President and Chief
Information Officer of PFSweb since its inception. Mr. Graham also serves as
Senior Vice President of Information Technologies and Chief Information Officer
of Daisytek, a position he has held since 1996. Prior to joining Daisytek, Mr.
Graham was employed by Ingram Micro, a major microcomputer distributor. Mr.
Graham has over 26 years of experience in the information-technology field.
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