targacept inc (TRGT:NASDAQ GS)

Executive Profile*

Background*

Mr. Charles A. Blixt, J.D., B.A served as Interim General Counsel of Krispy Kreme Doughnuts Inc., from September 12, 2006 to April 24, 2007 and served as its General Counsel until April 24, 2007. Prior to Krispy Kreme Doughnuts Inc., Mr. Blixt served as an Executive Vice President of R.J. Reynolds Tobacco Company (RJRT), a subsidiary of Reynolds American Inc. (RAI), since January 1998 and served as its General Counsel from 1995 to 1998. He served as an Executive Vice ... President, General Counsel and Assistant Secretary of Reynolds American Inc., from June 1999 to August 31, 2006. He served as Head of Department and Chief legal officer of Reynolds American Inc. Mr. Blixt served as an Executive Vice President, General Counsel and Assistant Secretary of Reynolds Tobacco's parent company, R.J. Reynolds Tobacco Holdings, Inc. since June 1999, which became a subsidiary of Reynolds American Inc., since July 2004. He also served as Senior Vice President and General Counsel of R.J. Reynolds Tobacco Holdings Inc. from 1995 to 1998. He served as Chief Legal Officer and managing all aspects of R.J. Reynolds Tobacco Company legal affairs. He joined RJR Tobacco, as Associate Counsel of Litigation in 1985, served as its Counsel of Research and Development since 1987, Assistant General Counsel since 1989 and also served as its Staff Vice president and Assistant General Counsel since 1994. Mr. Blixt served for more than 20 years in various legal positions for R.J. Reynolds. Before joining Reynolds Tobacco, he served as a Counsel of Caterpillar Tractor Co. and Fiat-Allis Construction Machinery, Inc. He began his career in private practice. He has extensive experience of the tobacco industry. Mr. Blixt has been a Director of Krispy Kreme Doughnuts Inc. since January 31, 2007. He has been an Independent Director of Targacept, Inc. since August 2000 and serves as a Member of the board of Directors of Technology Concepts & Design Inc., both of which are affiliates of RJR. He serves as Member of Strategic Advisory Board at H5, Inc. He served as a Director of Swedish Match AB from April 23, 2007 to April 2011 and RJR Tobacco from 1995 to March 2000. He is a Trustee of Salem College and Academy. He serves on the Board of Visitors of Wake Forest University School of Law. Mr. Blixt earned Bachelor of Arts and Juris Doctor degrees from University of Illinois.

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TRGT:US	$4.77 USD	-0.12

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