Square D Company and Subsidiaries - Page 41

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          Name               Preacquisition Title            Postacquisition Title    
          William P. Brink       Corporate vice president,     Vice president, chief  
          financial                                                                   
          controller                    officer and controller                        
          Charles W. Denny       Executive vice president,     Executive vice president,
          chief                                                                       
          electrical distribution       operating officer                             
          sector                                                                      
          Philip H. Francis      Corporate vice president,     Vice president, corporate
          corporate technology          technology and quality                        
          center                                                                      
          Dexter S. Free         Corporate vice president,     Corporate vice president,
          treasurer and assistant       treasurer and assistant                       
          secretary                     secretary                                     
          John C. Garrett        Executive vice president,     Executive vice president,
          industrial sector             industrial controls                           
          Charles L. Hite        Corporate vice president,     Corporate vice president,
          human resources               human resources                               
          Walter W. Kurczewski   Corporate vice president,     Corporate vice president,
          general counsel and           general counsel and                           
          secretary                     secretary                                     
          David L. Pugh          Vice president, general       Vice president, general
          manager,                                                                    
          manager, power equipment      equipment business unit                       
          business                                                                    
          Chris C. Richardson    Vice president, general       Vice president, general
          manager,                                                                    
          manager, utilities            utilities business                            
          business, and president,                                                    
          Anderson Prods.                                                             
          Clive N. Thompson      Vice president, distribution  Vice president, distribution
          equipment business unit       equipment business unit                       
          Robert D. Williams     Vice president, general       Vice president, general
          manager                                                                     
          manager, transformer          transformer business                          
          business                                                                    
               C.   Importance of Schneider’s Retaining Petitioner’s Key              
                    Executives                                                        
               One of Schneider’s top priorities after its acquisition of             
          petitioner was to retain key executives of petitioner in order to           
          assure petitioner’s continued successful business operations and            
          protect Schneider’s $2.25 billion investment.  Schneider had been           
          advised by a management consultant that retaining petitioner’s              
          current management would be critical to the company’s continued             
          success in the event it was acquired by Schneider.  Moreover,               
          Schneider’s management did not believe it could feasibly replace            
          petitioner’s existing management team with French executives from           




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Last modified: May 25, 2011