Steve Wyandt joined Nitches (then Beeba's Creations, Inc.) at the time of our initial public offering in September 1985. He has been our Chief Executive Officer since 1987 and a director since 1989. Under his stewardship we have provided jobs for thousands of people in developing countries and distributed over $40 million to shareholders of the company through dividends, share repurchases and tender offers. Prior to joining Nitches, Mr. Wyandt served on the executive management team of Pier 1 Imports from 1979 until 1985. Prior to that he held senior level IT positions at Whites Stores, Inc. and Jockey International. Mr. Wyandt holds a B.S. from the University of Wisconsin-Parkside and an M.B.A from Pepperdine University.

Paul Wyandt has been our President and Chief Operating Officer as well as a director of the company since 2001. From 2000 to 2003 he also served as our Controller. He started with the company in 1997 as a Financial Analyst and Business Development Manager. Prior to joining Nitches he transformed CMS Technologies from a bootstrapped computer security start-up into a venture-funded early stage company, serving that company as VP of Finance and later as interim CEO. Mr. Wyandt previously worked at Fidelity Investments in the areas of investment accounting and analysis. Mr. Wyandt holds a B.B.A. in Finance & International Business from the University of Texas and an M.B.A. from the Anderson School at UCLA.

Mr. Eugene Price has been a director since 1973. He serves as chairman of our Corporate Governance and Nominating Committee and also serves on our Audit Committee and our Compensation Committee. From 1973 until he retired in May 1987, Mr. Price served as our vice president with primary responsibilities in sales and administration. He is currently retired

Mr. Michael Sholtis has been a director since 2005. He serves as chairman of our Compensation Committee and also serves on our Audit Committee and our Corporate Governance and Nominating Committee. Mr. Sholtis, who is currently retired, is a former retail executive with over 30 years of management experience with regional and national retailers including Belk Stores, McCraes, Sears, May Company and Allied Stores. He is a current member of the Retail, Textile and Marketing Board of the University of North Carolina, Greensboro.

Mr. T. Jefferson Straub has been a director since 2005. He serves as chairman of our Audit Committee and also serves on our Corporate Governance and Nominating Committee. Mr. Straub has served since 1975 as the president of Profit Management Consultants, a firm specializing in strategic planning, capital finance, and mergers & acquisitions. He also teaches courses in finance and international business as an adjunct professor at Webster University. Mr. Straub was previously a founder and executive team member of Fotomat Corporation, a retail film development company, from 1967 to 1975.