William J. Nance

Mr. Nance also serves on the Audit & Finance/Risk Management Committee and the Compensation & Organization Committee. He joined the Company’s board of directors on October 26, 2005. He is the President and CEO of Century Plaza Printers, Inc., a company he founded in 1979 and has served as a consultant in the acquisition and disposition of commercial real estate. Mr. Nance is a Certified Public Accountant and from 1970 to 1976 was with Kenneth Leventhal & Company where he specialized in REITS, restructurings of real estate companies, mergers and acquisitions, and most phases of real estate development and financing. Mr. Nance has been a Director of InterGroup Corporation since 1984 of Santa Fe Financial Corporation, and of Portsmouth Square, Inc. since May 1996. Mr. Nance holds a Bachelor of Arts degree in Business Administration from California State University in Los Angeles and has extensive management experience within a wide range of businesses, with more than 35 years of public company director experience.