Douglas Y. Bech has been a Director of the Company since 1997. Mr. Bech is Chief Executive Officer and owner of Raintree Resorts International, which he founded in 1997. He also serves on the boards of HollyFrontier Corporation, an independent refining company listed on the NYSE, of which he is presiding independent director and Chair of its Compensation Committee and a member of its Executive and Nominating and Corporate Governance Committees; j2 Global, a cloud services and digital media company listed on the NASDAQ, of which he is Chair of both the Compensation Committee and the Governance Committee; CIM Commercial Trust Corporation, a commercial office REIT listed on NASDAQ, of which he serves on the Audit Committee; and three other private companies. Mr. Bech also serves as a director of the American Resort Development Association. Prior to Mr. Bech’s business career, he was a longtime partner at AndrewsKurth in Houston, with a focus on corporate finance and securities practice, and was named one of America’s Best Lawyers. Mr. Bech is a graduate of Baylor University in 1967, and a graduate of The University of Texas School of Law in 1970 and a member of the Texas and New York bars.