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President and Chief Executive Officer, Stephen L. Nussdorf was appointed Chairman of our Board of Directors in February 2004 and Executive Chairman of the Board of Directors in April 2011. Stephen is also an executive officer of Quality King Distributors, Inc. ("Quality King"), a privately held distributor of pharmaceuticals and health and beauty care products, and he was, until our merger with Model Reorg, Inc., in August 2008 (the "Merger"), President and a Director of Model Reorg, a privately held distributor of fragrance products. He joined Quality King in 1972 and Model Reorg in 1996 and has served in various capacities in all divisions of their businesses.
Stephen brings to the Board critical insights into the consumer product and wholesale markets in which we operate. He is an experienced business leader with the vision and skills appropriate to serve as Executive Chairman of our Board, and the Board has benefited from his perspectives and leadership.