Corporate Governance

Mr. Geygan became a director in August 2021. Mr. Geygan has served as a director of the Climb Global Solutions, Inc. (NASDAQ: CLMB) since February 2018, and as Board Chair since May 2018. Mr. Geygan also serves as the Chief Executive Officer and President of Global Value Investment Corp. an investment research and advisory services firm, since he founded it in 2007. Prior to founding GVIC, Mr. Geygan served as a Senior Portfolio Manager at UBS Financial Services. Mr. Geygan has taught undergraduate and graduate-level courses at IE University in Madrid, Spain, the University of Wisconsin – Milwaukee Lubar School of Business, and the College of Charleston. He serves on the Advisory Board of the University of Wisconsin – Madison Department of Economics. He received a Bachelor of Arts degree in Economics from the University of Wisconsin.

Ms. Johnson joined the Company’s board of directors in March 2023. Ms. Johnson brings more than thirty years of success in consumer-facing retail businesses, including extensive experience in the franchise restaurant and hospitality business sectors. Outside of the Company, Ms. Johnson is the President of SBJ Advisory Group, a hospitality and entertainment industry consultancy firm, that she founded in 2012. Prior to founding SBJ Advisory, she held pivotal roles including President/COO at Dave & Busters Entertainment (NASDAQ: PLAY) from 2007 to 2010, and Executive VP/Chief Strategic Officer at Brinker International (NYSE: EAT) from 2001 to 2004. Ms. Johnson's boardroom governance experience includes over a decade of service across public and high-growth companies like Chuy’s Holdings (NASDAQ: CHUY), SusieCakes Bakeries, ARKO Corp (NASDAQ: ARKO), and Jack’s Family Restaurants. She is also currently serving a term as the Chairman of the Virginia Tech Foundation and has been a long-time member of the VTF Investment Committee. He received a Bachelor of Science degree in Finance from Virginia Tech and a Master of Business Administration degree from the Duke University Fuqua School of Business.

Mr. Craig became a director in November 2023. For nearly four decades he has developed, owned and operated commercial real estate, primarily outdoor malls for retail shops and restaurants, throughout the United States. Mr. Craig started his career with Ginsburg Craig Associates, which in 1993 merged with Chelsea Property Group, to form Chelsea GCA Realty, Inc. (‘Chelsea GCA”), which subsequently went public via an IPO on the New York Stock Exchange. He served as President/Chief Operating Officer and Director of Chelsea GCA. For the last two decades Mr. Craig has successfully developed and operated over a dozen centers containing upscale retail shopping and dining destinations in nine states. Mr. Craig founded the Steven L. Craig School of Business at Missouri Western State University in 2009, along with a corresponding endowment at the university. He received a Bachelor of Science degree in Business Administration from the University of Southern California.

Mr. Riegel became a director in October 2021. Mr.Riegel is a veteran of the confection industry. Since 2021, Mr.Riegel has served as the President and CEO of FroDo Baking Company, LLC. FroDo Baking Company is a national manufacturer and distributor of frozen dough products, as well as other baked goods, to leading retailers. Prior to his role as President and CEO of FroDo Baking Company, LLC, Mr.Riegel served as Vice President of Marketing for Russell Stover Chocolates, a supplier of candy and chocolate, from 2017 to 2020, where he had commercial accountability related to all marketing efforts for an over $500million organization. In addition, he was selected to attend the Lindt & Sprungli Senior Leadership Program. From January 2014 to November 2017, Mr.Riegel served at various roles Ferrara Candy Company, a sweet snacking company, to include Vice President of Iconic Brands. From 2007 to 2014, Mr.Riegel served in various management positions with Kraft Foods Group. Mr.Riegel served as an Army Officer from 2002 to 2007. He received Bachelor of Science degree in Engineering at the United States Military Academy and a Master of Business Administration degree from the Northwestern University Kellogg School of Management.

Mr. Seabert became a director in April 2017. Mr. Seabert has been primarily engaged in business management, operations, finance and administration since 1989. Mr. Seabert currently serves in various capacities, including as a director or executive officer of various companies, including Tanamera Construction, LLC, a high-end real estate development and construction company (since April 2007), TD Construction, LLC, a construction company (since September 2009), Caughlin Club Management Partners, LLC, a health and tennis club and preschool owner and operator (since July 2008), and B&L Investments, Inc., a management and holding company (since March 2003). From 2001 to 2008, Mr. Seabert served as Chief Financial and Operating Officer of Tanamera Commercial Development, LLC. Between 1989 and 2001, Mr. Seabert served in various positions at CMS International, an owner and management company operating several casinos, in the US and one in the Caribbean, most recently as Executive Vice President and Chief Financial Officer, including oversight of internal audit, risk management and human resource functions. Mr. Seabert has been primarily engaged in commercial and residential real estate development and construction since 2001. He received a Bachelor’s degree in Accounting from the University of Nevada, Reno and is Certified Public Accountant.