Board of Directors

	Audit Committee	Compensation Committee
William Petty, M.D.
James G. Binch
Albert H. Burstein, PhD
R. Wynn Kearney, Jr., M.D.
William B. Locander, Ph.D.
Paul E. Metts, CPA
David W. Petty

James G. Binch

Director

James G. Binch is currently senior operating partner and managing director of Lincolnshire Management, where his principal duties are oversight, assistance and guidance to the operating companies within the Lincolnshire Management portfolio of investments. Prior to joining Lincolnshire, he was chief executive officer of Memry Corporation, an AMEX-listed company, from 1992 until 2006. During his tenure, Memry acquired a division of Raychem Corporation and Putnam Plastics and was named among the fifty fastest-growing technology firms in Connecticut for eight consecutive years.

In 1988, Binch founded Trinity Capital Corporation, a merchant bank in Stamford, Conn., where he served as president and chief executive officer until 1991. From 1980 to 1987, he held senior roles with Combustion Engineering of Stamford, including three years as president and chief operating officer of the engineering sector of Combustion Engineering and its principal subsidiary, Lummus-Crest, Inc., with more than 3,000 employees, offices in eight countries and annual contract volumes in excess of two billion dollars. He was vice president of planning and business development at Champion International’s building products division from 1978 to 1980. Binch began his career in 1972 as a principal with the general management international consulting firm of Cresap, McCormick and Paget in New York, serving there until 1978.

Binch is a trustee of Trinity College School, in Ontario, Canada, and is a director of 169855 Canada Inc., and Visual Technologies Ltd. He is a graduate engineer from Princeton University, and holds a Master of Business Administration from the Wharton School at the University of Pennsylvania.

Albert H. Burstein, Ph.D.

Director

Albert H. Burstein, Ph.D., has been a director of the company since March 1996. From 1976 to 1996, Burstein was senior scientist, Department of Research and Associate Attending Orthopaedic Surgeon (biomechanical engineering) at the Hospital for Special Surgery, New York City and adjunct associate professor of mechanical engineering at the Sibley School of Mechanical and Aerospace Engineering, Cornell University, Ithaca, N.Y. In addition, he was professor of applied biomechanics (in surgery) at Cornell University Medical College, New York City from 1978 through 1996. From 1976 until 1992, he served as director, Department of Biomechanics, Research Division, at the Hospital for Special Surgery.

Since 1980, he has served as deputy editor for research for "The Journal of Bone and Joint Surgery." Burstein is an author of six textbooks on orthopaedic biomechanics. He holds the Shands Award of the Orthopaedic Research Society for outstanding career contributions to orthopaedic research and is a past president of the American Society of Biomechanics. Burstein holds 13 patents for orthopaedic devices.

R. Wynn Kearney, Jr., M.D.

Director

R. Wynn Kearney, Jr., M.D., has been a director of the company since September 1989. He is the senior partner of The Orthopaedic and Fracture Clinic, P.A., a medical group with locations in southern Minnesota. He has been a member of the group since 1972. He received his Bachelor of Science and Medical Doctorate through the honors program at Northwestern University Medical School in Chicago. He completed an orthopaedic surgery postgraduate residency at the Mayo Clinic in Rochester, Minn. and was a member of the team that implanted the first total knee replacement in the United States in 1970. He is also an assistant clinical professor of the University of Minnesota Medical School.

Kearney has served as president of the Minnesota Orthopaedic Society, the Southern Minnesota Medical Association and the Orthopaedic Practice Society. He recently completed a term as president of the Foundation Board of Minnesota State University, Mankato. Kearney is a member of the board of directors of Hickory Tech Corporation and is a minority owner of the Minnesota Timberwolves professional basketball team.

William B. Locander, Ph.D.

Director

William B. Locander, Ph.D., has been a director of the company since May 2003. Locander has been chairman of marketing and professor of marketing and quality at the University of South Florida (USF) in Tampa, Fla. since 1992. He is also the director of the USF Leadership Center. He was previously professor of marketing at the University of Tennessee, Knoxville from 1983 until 1992. From 1973 through 1983, he was a faculty member at the University of Houston, serving as associate professor, chairman of the Department of Marketing, and associate dean for research and administration at that institution. Locander has authored numerous articles in reference publications and has served on the editorial board of the Journal of Marketing and the Journal of Marketing Research. He was president of the National American Marketing Association in 1988 and 1989. He was an examiner for the Malcolm Baldridge National Quality Award in 1991 and 1992.

Locander has spoken and consulted in the areas of marketing, total quality, organizational change, strategic planning, and customer satisfaction, with companies such as IBM, General Electric, 3M, Proctor and Gamble, and Chevron. In 2004, Locander received an award from the American Marketing Association for strategic facilitation to the Academic Division. He received his Bachelor of Science, Master of Science and Doctor of Philosophy degrees from the University of Illinois at Urbana-Champaign.

Paul E. Metts, CPA

Director

Paul E. Metts, CPA, has been a director of the company since April 1998. Metts was the CEO of Shands HealthCare at the University of Florida from 1987 to 1997. Shands HealthCare System is a 2000-bed, nine-hospital system with approximately 12,000 employees. Metts has served as a board member of many local civic and business organizations including Barnett Bank, the University of Florida Foundation and University Medical Center in Jacksonville, Fla. Metts has also chaired or served as a member on state and national industry organizations such as the Florida Institute of Certified Public Accountants Healthcare Industry Committee, the Florida Hospital Association Board, the Association of Voluntary Hospitals of Florida Board, the University Health System Consortium Board, and several committees for the Association of American Medical Colleges.

Metts, a Certified Public Accountant, received his undergraduate degree in accounting from the University of South Florida and his master's degree in Health Care Administration from the University of Minnesota.

David W. Petty

President, Director

David Petty was named president of the Company and elected to the board of directors in December 2007.  Mr. Petty previously served as executive vice president of sales and marketing from February 2000 until December 2007, and has served as a member of the Leadership Team, which oversees and directs the Company’s operations.  Since joining the company in 1988, he has been employed in successive capacities in the areas of operations, sales and marketing.  He served as vice president of operations from April 1991 until April 1993 and vice president of marketing from 1993 until 2000.  He was a director of the Company from March 1989 until March 1996 and again from January 2002 until May 2003.  Mr. Petty received his B.A. from the University of Virginia in 1988 and completed The Executive Program of the Darden School of Business in 1999.  He is the son of Dr. and Ms. Petty.

William Petty, M.D.

Chairman, Chief Executive Officer

William Petty, M.D. is a founder of Exactech. He has been Chairman of the Board and Chief Executive Officer of the Company since its inception and President from January 2002 until December 2007. Dr. Petty was a Professor at the University of Florida College of Medicine from July 1975 to September 1998. Dr. Petty also served as Chairman of the Department of Orthopaedic Surgery at the University of Florida College of Medicine from July 1981 to January 1996. Dr. Petty has served as a member of the Hospital Board of Shands Hospital, Gainesville, Florida, as an examiner for the American Board of Orthopaedic Surgery, as a member of the Orthopaedic Residency Review Committee of the American Medical Association, on the Editorial Board of the Journal of Bone and Joint Surgery, and on the Executive Board of the American Academy of Orthopaedic Surgeons. He holds the Kappa Delta Award for Outstanding Research from the American Academy of Orthopaedic Surgeons. His book, Total Joint Replacement, was published in 1991. Dr. Petty received his B.S., M.S., and M.D. degrees from the University of Arkansas. He completed his residency in Orthopaedic Surgery at the Mayo Clinic in Rochester, Minnesota. Dr. Petty is the husband of Betty Petty, and the father of David W. Petty.