Director
Philip J. Hoffman has served as a member of our board of directors since February 2000. He currently serves on the Board's Compensation, and Nominating and Corporate Governance Committees.

Mr. Hoffman is executive vice president and head of corporate finance, strategy and business development for Pearson, as well as company secretary for Pearson. From May 2000 to December 2001, Mr. Hoffman was chief executive officer of Learning Network Inc., Pearson's Internet based education business. From January 1999 through December 2000, Mr. Hoffman was president of Pearson Inc. From January 1997 to December 1998, Mr. Hoffman was executive vice president and chief financial and administrative officer for Pearson's Penguin Group. Prior thereto, Mr. Hoffman held various executive positions at Pearson Inc. Mr. Hoffman also served on the board of MarketWatch, Inc.