Ward J. Timken, Jr., is chairman of the Board of Directors and a fifth generation of Timken family leadership, which we believe provides a consistent, unified vision for the company. Timken’s board has three standing committees: audit, compensation, and nominating and corporate governance. Consistent with the New York Stock Exchange listing standards and applicable law, each committee contains only independent directors. For more information, visit our corporate governance Web page and the Board of Directors’ general policies and procedures. Additional information can be found in our 2009 Proxy Statement.