Corporate Officers
BURROUGHS & CHAPIN COMPANY, INC.

Chief Officers:

	JAMES "JIM" ROSENBERG, PRESIDENT & CHIEF EXECUTIVE OFFICER Jim joined B&C on August 1, 2007. Prior to joining the company, he was President & Chief Operating Officer of Atlanta-based Place Properties, one of the country's premier student housing developers. He has also served as Senior Operating Advisor for GAGFAH/Fortress Investment Group, LLC, which acquires and manages apartments in Germany; President of the Charles Smith Division of Archstone Smith in Washington, DC, a $4 billion high-rise division in Archstone; President & Chief Operating Officer of Winston Hotels, a publicly traded real estate investment trust with $500 million in assets, primarily Hilton Garden Inns and Marriott Courtyards; Senior Vice President of Operations for Six Continents in Atlanta, GA, overseeing 85 hotels in seven countries with 12,000 employees and serving as a member of the Management Committee and Board of Directors for Holiday Inn; Executive Vice President & Chief Operating Officer for Interstate Hotels/Crossroads Hospitality in Pittsburgh, PA; Executive Vice President of Operations for Days Inn; and he also served within the Audit Department of Price Waterhouse in their Hamburg, Winston-Salem and Atlanta offices. Jim earned a Bachelor of Science Degree in Accounting from Presbyterian College in 1975 and a Master of International Business Degree from the University of South Carolina in 1977. He is also a Certified Public Accountant.
	TONY COX, CHIEF REAL ESTATE OFFICER Tony joined B&C in 2000. Tony leads our Real Estate Division with focuses on our Real Estate Sales, Timeshare, Timber Management, Land Management, Corporate Communications, Government Relations, GIS and Property Tax Management Departments. Prior to joining the company he was the Broker-in-Charge of ERA Callihan, Teal, Skelley and also worked with Marsh Winds Development & Realty Corporation, Grand Strand Realty and ERA Paul Realty. Tony is licensed in South Carolina as a Real Estate Broker, Residential Homebuilder, General Contractor, Appraiser and Auctioneer. He earned a Bachelor’s Degree in Public Administration and Real Estate from the University of South Carolina in 1980 with dean’s list honors, and also holds CCIM, GRI, e-Pro and Harvard School of Design certifications. Tony serves on the South Carolina Real Estate Commission and the Board of Directors of the Myrtle Beach Area Chamber of Commerce.
	TERRY HORAK, CHIEF INVESTMENT OFFICER Terry joined B&C in 2006. Terry leads our Investment Division with focuses on our Strategic Planning, Acquisitions and the pursuit of new Commercial and Residential Business Opportunities. Prior to joining the company, he was a Managing Director of Faison Enterprises, Inc. of Charlotte, NC, where he was responsible for mid-Atlantic commercial and residential services, sourcing and underwriting, and executing commercial and residential projects. He also worked with Trammell Crow Company, American General Land Development, American General Realty Advisors and Commercial Real Estate Associates. Terry earned a Bachelor’s Degree in Construction Science from Kansas State University in 1988 and a Master’s Degree in Land Development from Texas A&M in 1989. His professional associations include the National Association of Home Builders, the International Council of Shopping Centers, the Urban Land Institute and service on the Texas A&M University MSLD Professional Advisory Board.
	DEREK KRIDER, CHIEF DEVELOPMENT OFFICER Derek joined B&C in 2006. Derek Leads our Development Division with focuses on all aspects of project development and construction of new business ventures, including Pre-Construction, Construction Management, Land Planning, and Purchasing Departments. Prior to joining the company, he was a Vice President with Choate Construction Company which has offices in Atlanta and Savannah, GA; Charlotte and Raleigh, NC; and Charleston, SC. Derek also managed building projects for Reno Contracting, Roxco Ltd. and Sundt Corporation. He earned a Bachelor’s Degree in Construction Management from California Polytechnic State University in June 1990 and has completed two years towards a Master’s Degree in Finance. His professional associations include the International Council of Shopping Centers, the Urban Land Institute and service on the Associated Builders and Contractors (ABC).  Derek also is a mentor in the Early College High School Program at Horry Georgetown Technical College.
	BARRY SPIVEY, CHIEF FINANCIAL OFFICER Barry joined B&C in 1986. Barry leads our Finance Division with focuses on our Accounting, Capital Budget, Capital Marketing, Operating Budget, Corporate Controller and Internal Auditing Departments. Prior to joining the company, he was a Senior Accountant with Smith, Sapp, Bookout, Crumpler Calliham Accounting firm. He served as Corporate Comptroller for Burroughs & Collins Company until its merger with Myrtle Beach Farms Company to form today's Burroughs & Chapin Company. Barry is also a Certified Public Accountant. He earned a Bachelor’s Degree in Business Administration, Magna Cum Laude, from Coastal Carolina University in 1983 and is currently pursuing a Master’s Degree at Coastal Carolina University. Barry is Treasurer for the Myrtle Beach Area Recovery Council; a member of the American Institute of Certified Public Accountants and the South Carolina Association of Certified Public Accountants; and serves as Deacon, CARE Team Member, Trustee and Finance Committee member at Mount Vernon Baptist Church.
	ANDY TILMONT, CHIEF OPERATING OFFICER Andy joined B&C in 2007. Andy leads our company-wide operations, including Commercial; Sports, Entertainment and Recreation; Accommodations; Golf Management; Group Sales & Marketing; Resort Operations; Retail Purchasing; Billboards; Insurance, Risk Management & Security; Lease Administration and related Departments. Prior to joining the company, he was Senior Vice President of Asset Management with The Mills Corporation, responsible for European and Southeastern United States assets. Andy also served as Vice President and Group Director with General Growth Properties, Vice President - Asset Management, Operations and Administration with The Rouse Company. He was the Manager of retail projects in Baltimore, Maryland and Milwaukee, Wisconsin.  Andy earned a Bachelor of Science Degree from State University of New York.

A Complete Listing of
Burroughs & Chapin Corporate Officers

CHIEF OFFICERS

James "Jim" Rosenberg President & Chief Executive Officer	Derek Krider Chief Development Officer
Tony Cox Chief Real Estate Officer	Barry Spivey Chief Financial Officer
Terry Horak Chief Investment Officer	Andy Tilmont Chief Operating Officer

EXECUTIVE VICE PRESIDENTS

Tom Jones Executive Vice President Sports, Entertainment & Recreation	Bob Swezey Executive Vice President Resort Operations
Bill Pritchard Executive Vice President Development Management

SENIOR VICE PRESIDENTS

Mary Basden Senior Vice President Human Capital	Bill Bullen Senior Vice President Design & Construction
Franklin Long Senior Vice President Purchasing, Risk Management, Corporate Secretary	Patrick J. Walsh Senior Vice President Commercial Leasing

VICE PRESIDENTS

Patrick "Pat" Dowling Vice President Corporate Communications	Tim Ruedy Vice President Sports, Entertainment & Recreation
Tracy Edge Vice President Special Projects	Axel Suray Vice President Marina Inn at Grande Dunes
Charles C. Hucks, Jr. Vice President Technology	Michelle Sutton Vice President Group Sales & Marketing
Richard "Tripp" Josey III Vice President, General Counsel, Asst. Corporate Secretary	John Tinker Vice President Outdoor Advertising
David McAda Vice President & Corporate Controller