James E. McGhee II, age 68, was appointed to the Board in 2005. He currently serves as Chairman of the Board s Nominating and Corporate Governance Committee and as a member of the Executive Committee, Audit and Asset Quality Committee, Risk and Compliance Committee, and Compensation Committee. He is also a director of CTB and CTIC and serves on CTB s Loan Committee. Mr. McGhee was an executive officer of Dyno East Kentucky (dba Mountain Valley Explosives) from 1995 until 2006 at which time he sold the company and formed Three JC Investments, LLC. As President of Three JC Investments, LLC, he is involved in explosives consulting, natural gas development, and commercial property. Over the years, Mr. McGhee has started several small businesses involving property and energy. He also served as Executive Director of Dyno Explosives Distributors Association. During his career, Mr. McGhee was responsible for sales, acquisition, distribution, personnel, and financial reporting for several locations with Coal-Mac, Sandy Valley Explosives, and Mountain Valley Explosives. In addition to Mr. McGhee s business management experience, he has attended several business related safety, sales, and management seminars, an accounting for non-accountants seminar, and continuing education classes for directors. We believe Mr. McGhee s qualifications to sit on our Board include his extensive executive leadership, management, and entrepreneurial experience, as well as his operational and financial expertise gained from managing several small businesses.