Hugh M. Durden

Mr. Durden was named Corporate Trustee in 1997 and was elected an individual Trustee and Chairman of the Trust in 2005. As Corporate Trustee, Mr. Durden was a representative of Wachovia Bank and was elected to the Board of Directors of The Nemours Foundation in July 1997. Mr. Durden joined Wachovia Bank in 1972 after business school and remained there throughout his business career, serving in leadership positions in North Carolina and Georgia. He retired as President of Wachovia Corporate Services in 2001.