Alan F. Schultz, 48, is Chairman, President and CEO of Valassis. As a certified public accountant with more than 20 years of experience, Mr. Schultz leads the expansion of Valassis' products and services portfolio. Under his leadership, Valassis has increased revenue by over 40% from $726.2 million in 1998 to $1,043.5 billion in 2006 and received more than 30 awards for overall excellence in business ethics, quality, innovation and employee life-balance practices. Mr. Schultz has served as a Director of Valassis since December 1995, was elected CEO and President in June 1998, and appointed Chairman of the Board of Directors in December 1998. Prior to these appointments, he served as Executive Vice President and Chief Operating Officer of Valassis from 1996 through 1998 and served as Executive Vice President of Sales and Marketing from 1992 through 1996. Mr. Schultz also held various leadership positions at Valassis such as Director of Insert Operations and Vice President of the Central Sales Division since joining the company in 1984. A recognized industry expert, Mr. Schultz currently serves on the American Advertising Federation's Board of Directors as Treasurer.