Mr. Ferrero serves as the Chairman of the Board of Directors of Florida Lawyers Mutual Insurance Company. Since January 1, 2010, he has been the Chancellor of Nova Southeastern University, an independent not-for-profit private university located in Broward County, Florida. From January 1, 1998 to December 31, 2009, he was President of the University. Prior to January 1, 1998, Mr. Ferrero had been in the private practice of law in Florida since 1960. Mr. Ferrero graduated from the College of Law, University of Florida, and received a Bachelor of Business Administration from St. Johns University. Mr. Ferrero served as President of The Florida Bar in 1987. Mr. Ferrero is a voting ex officio member of all committees other than the Audit Committee.