NCCI Holdings Inc.

Michael B. Spears is Chief Information Officer and Chief Data Officer of NCCI Holdings, Inc. As CIO, he is responsible for technology support and the supply of online services and tools used by NCCI and its customers. In his role as Chief Data Officer, he oversees NCCI's data collection, quality validation, and the development of data technology and provider tools. Mr. Spears joined NCCI in 1993 and has held a variety of management positions within the areas of Information Technology, Business Development, Experience Rating, Customer Service, and Assigned Risk. Before coming to NCCI, he used his expertise in information technology in the education sector. Mr. Spears received a BBA in Computer Information Systems in 1991 and an MBA in 1995, both from the University of Miami. He has also completed executive level management courses at the Massachusetts Institute of Technology and the Wharton School at the University of Pennsylvania.

Susan Doyle is an executive with the Liberty Mutual Group. She serves as president and chief operating officer of Wausau Insurance Companies (a Liberty Mutual Group member). As president and COO, she is responsible for all of Wausau's insurance and service operations throughout the country.