Spencer Stuart/Directors & Boards Directors Roster

Directors & Boards, Summer, 2002

CHARLES SCHWAB CORP.

120 Kearny Street, San Francisco, CA 94108

has added to its board:

Paula A. Sneed

Group Vice President

KRAFT FOODS NORTH AMERICA

3 Lakes Drive, Northfield, IL 60093

Bio Notes: Also serves as president of the e-commerce and marketing services unit at Kraft Foods. Oversees Kraft's marketing services organization, which includes responsibilities for advertising, media, promotions and marketing research for more than 100 major food brands. In 1977 she joined General Foods Corp., which merged with Kraft in 1985. While at General Foods she served as VP of consumer affairs and chief marketing officer. Also is a director of Airgas Inc. and Hercules Inc. Age 54.

Schwab is a securities brokerage and financial services firm. Revenues are $4 billion. Kraft is a food products company and a subsidiary of Philip Morris Cos., which has revenues of $89 billion.

CIBER INC.

5251 DTC Parkway, Suite 1400, Greenwood Village, CO 80111

has added to its board:

George Sissel

Bio Notes: Began his career at Ball Corp. in 1970. Became president and CEO in 1994 and chairman in 1996. Retired from Ball in 2001.

Ciber provides information technology consulting services. Revenues are $547 million.

CINTAS CORP.

6800 Cintas Boulevard, Cincinnati, OH 45262

has added to its board:

Paul R. Carter

Executive Vice President

WAL-MART STORES INC.

702 S.W. 8th Street, Bentonville, AR 72716

Bio Notes: Also serves as president of Wal-Mart Realty Co., and has responsibility for the real estate and construction of Wal-Mart stores. Previously served as CFO of Wal-Mart.

Cintas manufactures company uniforms. Revenues are $2 billion. Wal-Mart operates discount department stores. Revenues are $227 billion.

CLEVELAND-CLIFFS INC.

1100 Superior Avenue, Cleveland, OH 44114

has added to its board:

Roger Phillips

Richard K. Riederer

Bio Notes: Phillips retired in January 2002 after serving 20 years as president and CEO of IPSCO Inc., a steel company. He formerly held various executive positions at Alcan Inc. Riederer retired in 2001 as president and CEO of Weirton Steel Corp., which he joined in 1989. He formerly held executive positions at Harnisfeger Industries and Allis Chalmers Corp.

Cleveland-Cliffs supplies iron ore products to the steel industry. Revenues are $416 million.

COBRA ELECTRONICS CORP.

6500 W. Cortland Street, Chicago, IL 60707

has added to its board:

Henry G. Chiarelli

Bio Notes: Former president of RadioShack.com. Joined RadioShack in 1970 as a salesperson and later served as SVP of new business ventures. Age 48.

Cobra manufactures two-way mobile communications products. Revenues are $145 million.

COLD METAL PRODUCTS INC.

2200 Georgetown Drive, Suite 301, Sewickley, PA 15143

has added to its board:

Timothy R. Duke

President, CEO and Treasurer

STEEL OF WEST VIRGINIA INC.

17th Street & 2nd Avenue, Huntingdon, WV 25703

Bio Notes: Previously held financial and manufacturing positions with Burroughs Corp., Dravo Corp. and Joy Manufacturing Co. Age 51.

Cold Metal manufactures steel components for precision parts manufacturers. Revenues are $168 million. Steel of West Virginia, a subsidiary of Roanoke Electric Steel, manufactures specialty steel and custom-fitted products.