Loren K. Carroll is currently an independent consultant. Mr. Carroll served as Executive Vice President and Chief Financial Officer of Smith International, Inc. from 1992 - 1994. From March 1994 - April 2006, Mr. Carroll served as President and Chief Executive Officer of M-I SWACO, and Executive Vice President of Smith International, Inc., a worldwide supplier of drilling fluids and related equipment and services to the oil and gas Industry. Mr. Carroll currently serves as a director of Forest Oil Corporation, Fleetwood Enterprises, Inc., and CGGVeritas, Inc. Mr. Carroll joined the Board in April 2007. He is a member of the Compensation Committee and Chairman of the Nominating and Corporate Governance Committee.