Beryl Raff has served as one of Group 1’s independent directors since June 2007. Ms. Raff is Chairman and Chief Executive Officer of Helzberg Diamond Shops, Inc., a retail and online jewelry retailer. From 2001 to 2009, she held executive positions at the Fine Jewelry Division of J.C. Penney Company, Inc., and prior to 2001, she held executive positions at Zale Corporation and R.H. Macy Corporation. Ms. Raff also serves on the Board of Directors, the Corporate Governance Committee and as the Chairman of the Compensation Committee of Jo-Ann Stores, Inc. In addition, Ms. Raff serves on the Advisory Board of Jewelers Circular Keystone and on the Board of Directors of Dallas Summer Musicals, a not-for-profit theater company.