Board of Directors

TIM GRUMBACHER
Chairman of the Board
TIM GRUMBACHER Born 1940
Elected 1967

Mr. Grumbacher served as Executive Chairman of the Board of Directors of Bon-Ton from February 2005 to February 2012, when he was named Chairman in 2013. Mr. Grumbacher continues as Strategic Initiatives Officer. He served as Chairman of the Board of Directors of Bon-Ton from August 1991 to February 2005. He was Chief Executive Officer of Bon-Ton from 1985 to 1995 and in positions of senior management since 1977.



Member
Member
KATHRYN BUFANO
President and Chief Executive Officer
KATHRYN BUFANO Born 1952
Elected 2014

President and Chief Executive Officer of The Bon-Ton Stores, Inc. effective August 25, 2014 and a member of its Board of Directors.  Served as President and Chief Merchandising Officer of Belk Inc. since August 2010 and previously served as its President, Merchandising and Marketing from January 2008 to August 2010.  From 2006 to January 2008, Ms. Bufano was the Chief Executive Officer of Vanity Shops, Inc.  Ms. Bufano pursued higher education from 2003 to 2006, and from 2002 to 2003 she was Executive Vice President, General Manager Soft-lines for Sears Roebuck & Company.  Prior to 2002, Ms. Bufano served as President, Chief Merchandising Officer for Dress Barn, Inc. and in various positions in the Macy’s East and Lord & Taylor divisions of Federated Department Stores.    



MICHAEL L. GLEIM
Former Vice Chairman and Chief Operating Officer of The Bon-Ton Stores, Inc.
MICHAEL GLEIM Born 1943
Elected 1991

Mr. Gleim became the Company's Vice Chairman of the Board in November 2013. He had served as the Company's Lead Director from January 2010 to November 2013. He was Vice Chairman and Chief Operating Officer of Bon-Ton from December 1995 to February 2002. From 1991 to December 1995 he was Senior Executive Vice President of Bon-Ton, and from 1989 to 1991 he was Executive Vice President of Bon-Ton.



Committee Chair
Committee Chair
Chair of the Audit Committee
Committee Chair
TODD C. McCARTY
Chief Human Resources Officer, Cumulus Media Inc.
TODD McCARTY Born 1966
Elected 2007

Mr. McCarty has served as Chief Human Resources Officer of Cumulus Media Inc., a leader in the radio broadcasting industry, since December 2015. Prior to that, he served as Senior Vice President, Global Human Resources of Las Vegas Sands Corporation since 2012. He had been Senior Vice President, Human Resources of The New York Times Company from 2009 to 2012 and Senior Vice President, Global Human Resources of Readers Digest Association, Inc. from 2008 to 2009.



Committee Chair
DANIEL T. MOTULSKY
Managing Director, Moelis & Company
DANIEL MOTULSKY Born 1962
Elected 2014

Daniel T. Motulsky is a Managing Director at Moelis & Company, a leading global independent investment bank, where he focuses on advising companies in the consumer sector. Prior to joining Moelis & Company, Mr. Motulsky spent 16 years at Lazard, a global financial advisory and asset management firm, where he most recently served as Managing Director and Global Head of Consumer and Retail. Prior to his service with Lazard, Mr. Motulsky was a partner of Tanner & Co., Inc., a merchant banking and mergers and acquisitions advisory firm. He previously served as an investment banker with Salomon Brothers Inc. and began his career as a software design engineer at VLSI Technology, Inc. Mr. Motulsky received a B.S. with Distinction in Electrical Engineering and Computer Science from Stanford University in 1985.



PAUL E. RIGBY
Former Managing Director, JPMorgan Chase
PAUL RIGBY Born 1953
Elected 2016

Mr. Rigby has served on several private company boards since 2009.  Prior to that, he was with JPMorgan Chase and its predecessor banks, where, beginning in 1983, he served in positions of increasing responsibility for 25 years, most recently as a Managing Director.  Mr. Rigby received his M.B.A. from the University of Missouri and a B.S. degree from the University of Illinois.  He currently serves on the boards of Ignite Progress, LLC; Lumisource, LLC; The Salvation Army, Chicago Metropolitan Division and Willow Creek Community Church.  Mr. Rigby also has served as an executive consultant for Telemedicine Solutions, LLC.



Member
Member
Member of the Audit Committee
PHILMER H. (PHIL) ROHRBAUGH
Senior Executive Vice President and Chief Operating Officer of Fulton Financial Corporation
PHILMER ROHRBAUGH Born 1952
Elected 2016

Mr. Rohrbaugh, age 64, has been the Senior Executive Vice President and Chief Operating Officer of Fulton Financial Corporation since June 2016, having served as the Senior Executive Vice President and Chief Risk Officer from November 2012 to June 2016. He was a managing partner of KPMG, LLP's Chicago office from 2009 to 2012, Vice Chairman Industries and part of the U.S. Management Committee of KPMG from 2006 to 2009 and joined KPMG in 2002. He has more than 35 years of experience in various management positions.

Mr. Rohrbaugh has been a member of the board of directors of Burnham Holdings, Inc., a publicly traded holding company with operating subsidiaries in the HVAC industry, since October 2012.



Member
Member of the Audit Committee
JEFFREY B. SHERMAN
Former President of Echo Design Group
JEFFREY SHERMAN Born 1949
Elected 2013

Mr. Sherman was the President of Echo Design Group, a company that designs, manufactures and distributes accessories and home products, from 2010 until his retirement in 2015. From 2008 to 2010, he served as President and Chief Executive Officer of Hudson's Bay Trading Company, a retailer with over 600 retail locations in Canada and the United States. Prior to that, Mr. Sherman served as President and Chief Operating Officer of the Polo Retail Group of Ralph Lauren Corporation, as Chief Executive Officer of Limited Stores and in positions of increasing responsibility for over 30 years with Federated Department Stores.



Member
Member
Member
Member of the Audit Committee
STEVEN SILVERSTEIN
President and Chief Executive Officer of Spencer Spirit Holdings, Inc.
STEVEN SILVERSTEIN Born 1959
Elected 2013

Mr. Silverstein has been President and Chief Executive Officer of Spencer Spirit Holdings, Inc. since 2003.  The company operates two main retail brands, Spencer Gifts and Spirit Halloween.  Spencer Gifts is an iconic specialty retailer that focuses on delivering humor and entertainment products for its targeted customers, operating over 600 retail locations in the United States and Canada.  Spencer Gifts serves individuals between the ages of 18 and 25.  Spirit Halloween operates over 1,000 seasonal, mainly big box, Halloween stores throughout the United States and Canada.  From 1992 to 2003, Mr. Silverstein served in positions of increasing responsibility at Linens ‘n Things, Inc., including President.  Prior to that, Mr. Silverstein served as a Divisional Merchandise Manager of Bloomingdale’s, Inc.  He began his retail career at Macy’s, Inc. in 1981.  Mr. Silverstein received an M.B.A. from The Wharton School of the University of Pennsylvania and a B.S. in Economics from Cornell University. 



DEBRA K. SIMON
Former Chief Operating Officer, SF & Company
DEBRA SIMON Born 1958
Elected 2016

Ms. Simon has been a practicing CPA, and was employed by SF & Company (now known as Baker Tilly) for 32 years, retiring in 2015.  She held various positions with SF & Company, including Chief Operating Officer from 2010 to 2015.  She was awarded a bachelor’s degree in accounting from The Pennsylvania State University.  Ms. Simon currently serves as the Chair of the Susan P. Byrne Health Education Center. 

 



Member