ALAN FORTIER - Corporate Board Profile

GRAHAM CORP

Filing Date	Source Excerpt
2010-06-14	Alan Fortier, age 53, has served as President of Fortier & Associates, Inc., a strategy and profit improvement consulting firm located in Fort Lee, New Jersey. The Audit Committee is currently comprised of Directors Mazurkiewicz (Chairman), Bidlack, Fortier and Malvaso. The members of the Compensation Committee are Directors Malvaso (Chairman), Berkeley, Bidlack, Fortier and Van Rees. The 2010 Director Summary Compensation Table shows Alan Fortier received total compensation of $59,560 in fiscal year 2010.
2011-06-13	Alan Fortier, age 54, has served as President of Fortier & Associates, Inc. He serves on the Audit Committee and Compensation Committee. His total compensation for fiscal year 2011 was $60,609.
2012-06-18	Alan Fortier, age 55, has served as President of Fortier & Associates, Inc., a strategy and profit improvement consulting firm located in Fort Lee, New Jersey focused on petrochemicals and capital goods companies, since 1988. Mr. Fortier brings to our Board of Directors more than 30 years of industrial experience as a strategy consultant, educator and manager. Mr. Fortier serves on the Audit Committee, Compensation Committee, and chairs the Nominating and Corporate Governance Committee. The 2011 Director Summary Compensation Table shows Mr. Fortier's total compensation as $64,658.
2013-06-17	Alan Fortier, age 56, has served as President of Fortier & Associates, Inc., a strategy and profit improvement consulting firm located in Fort Lee, New Jersey focused on petrochemicals and capital goods companies, since 1988. ... Mr. Fortier brings to our Board of Directors more than 30 years of industrial experience as a strategy consultant, educator and manager. ... Our Board of Directors has an Audit Committee, a Compensation Committee, a Nominating and Corporate Governance Committee, and an Employee Benefits Committee. ... The following table lists the four committees of our Board of Directors, the chairs of each committee, the Directors who currently serve on them and the number of committee meetings held in fiscal year 2013. ... Alan Fortier ... X ... X ... C ... 65,713
2014-06-16	Alan Fortier Age: 57 Director Since: 2008 Term Expires: 2015 Mr. Fortier has served as President of Fortier & Associates, Inc., a strategy and profit improvement consulting firm located in Fort Lee, New Jersey focused on petrochemicals and capital goods companies, since 1988. ... Mr. Fortier brings to our Board of Directors more than 30 years of global industrial experience as a strategy consultant, educator and manager. ... The following table shows information regarding the compensation of our independent Directors for fiscal year 2014. Alan Fortier Fees Earned or Paid in Cash: 29,000 Stock Awards: 25,008 SEU Awards: 10,000 All Other Compensation: 84 Total: 64,092
2015-06-15	Alan Fortier Age: 58 Director Since: 2008 ... The following table lists the committees of our Board of Directors, the chairpersons of each committee, the Directors who currently serve on them and the number of committee meetings held in fiscal year 2015. ... Mr. Fortier Yes X X C ... Fiscal Year 2015 Director Compensation Table ... Alan Fortier 28000 25001 25317 0 78318
2016-06-13	Mr. Fortier has served as President of Fortier & Associates, Inc., a strategy and profit improvement consulting firm located in Fort Lee, New Jersey focused on petrochemicals and capital goods companies, since 1988. He is also a regular guest lecturer at Columbia Business School's MBA and Executive Education programs. Mr. Fortier received his B.S. in Chemical Engineering, summa cum laude, from Cooper Union and his MBA from Harvard Graduate School of Business.
2017-06-22	Alan Fortier Age: 60 Director Since: 2008 Term Expires: 2018 Mr. Fortier has served as President of Fortier & Associates, Inc., a strategy and profit improvement consulting firm located in Fort Lee, New Jersey focused on petrochemicals and capital goods companies, since 1988. ... Mr. Fortier brings to our Board of Directors more than 30 years of global industrial experience as a strategy consultant, educator and manager. ... The following table shows information regarding the compensation of our independent Directors serving for all or part of fiscal year 2017. Alan Fortier Fees Earned or Paid in Cash ($): 25,000 Stock Awards ($): 24,994 Total ($): 49,994
2018-06-28	Mr. Fortier has served as President of Fortier & Associates, Inc., a strategy and profit improvement consulting firm located in Fort Lee, New Jersey focused on petrochemicals and capital goods companies, since 1988. He is also a guest lecturer at Columbia Business School's MBA and Executive Education programs. Mr. Fortier received his B.S. in Chemical Engineering, summa cum laude, from Cooper Union and his MBA from Harvard Graduate School of Business. Mr. Fortier brings to our Board of Directors more than 30 years of global industrial experience as a strategy and execution consultant, educator and manager. Our Board of Directors and management team benefits from his extensive background in our served markets, including energy, petrochemicals, chemicals and large engineering firms, as well as his extensive experience advising boards and senior executives of global capital goods businesses on business strategy, mergers and acquisitions, global growth, pricing, organizational development and management control. The Compensation Committee annually reviews and approves compensation for our independent directors. Mr. Lines, our President and Chief Executive Officer, is not an independent director under applicable NYSE and Securities and Exchange Commission rules and, therefore, he does not receive any additional compensation for services as a director. The compensation that we pay to Mr. Lines is disclosed in the Fiscal Year 2018 Summary Compensation Table. We use a combination of cash and equity-based compensation to attract and retain our independent directors. As described below, independent director compensation consists of an annual cash retainer; an additional annual cash retainer for the Chairman of our Board of Directors and the chair of each committee of our Board of Directors; committee meeting fees; restricted stock awards; and stock options. We also reimburse our independent directors for reasonable expenses incurred in connection with their attendance at Board of Directors and committee meetings. We do not provide retirement benefits to our independent directors. Each of our independent directors receives an annual fee of $15,000 for service on our Board of Directors. Additionally, each independent director receives a fee of $1,000 for each Board of Directors or committee meeting attended, except that if such meeting is held by telephone conference call or by unanimous written consent, the fee is reduced to $500. If our Board of Directors and/or one or more committees meet on the same day, a full meeting fee is paid for one meeting and one-half of the meeting fee is paid for each additional meeting attended that day. The Chairman of our Board of Directors and each of our independent directors serving as a chairperson of committees of our Board of Directors receive additional fees for such service. For fiscal year 2018, the Chairman of our Board of Directors received an additional annual fee of $15,000, the Chairman of the Audit Committee received an additional annual fee of $6,000, the Chairperson of the Compensation Committee received an additional annual fee of $5,000 and the Chairman of the Nominating and Corporate Governance Committee received an additional annual fee of $3,000. Options. Our independent directors are also eligible to participate in the Incentive Plan, pursuant to which they may be granted options to purchase shares of our common stock. No options were granted to our independent directors during fiscal year 2018. Restricted Stock. Equity compensation awards to independent directors are made in the form of time-vested restricted stock awarded under the Incentive Plan. On May 31, 2017, the Compensation Committee awarded 1,194 shares of time-vested restricted stock, with a grant date fair market value of approximately $25,000 to each of our independent directors. The shares of restricted stock awarded to our independent directors vest on the first anniversary of the date of grant. Fiscal Year 2018 Director Compensation Table The following table shows information regarding the compensation of our independent directors serving for all or part of fiscal year 2018. Alan Fortier Fees Earned or Paid in Cash $22,250 Stock Awards $24,990 Total $47,240.
2019-06-27	Mr. Fortier has served as President of Fortier & Associates... The following table shows information regarding the compensation of our independent directors... Alan Fortier Fees Earned or Paid in Cash $25,250, Stock Awards $25,011, Total $50,261.
2020-06-30	Alan Fortier Age: 63 Director Since: 2008 Term Expires:2021 Mr. Fortier has served as President of Fortier & Associates, Inc.... The following table shows information regarding the compensation of our independent directors serving for all or part of fiscal year 2020. Alan Fortier Fees Earned or Paid in Cash: 59,000 Stock Awards: 49,980 Total: 108,980
2021-06-16	Alan Fortier* 64 President of Fortier & Associates, Inc. CC, NCGC**
2022-06-17	Alan Fortier* 65 President of Fortier & Associates, Inc. AC, NCGC ** Mr. Fortier served on the Compensation Committee from April 1, 2021 to August 31, 2021. Since September 1, 2021, Mr. Fortier has served on the Audit Committee. Mr. Fortier served on the Nominating and Corporate Governance Committee during all of fiscal year 2022. Fiscal Year 2022 Director Compensation Table shows Fees Earned or Paid in Cash $57,000, Stock Awards $49,987, Total $106,987.
2023-07-10	Mr. Fortier has served as President of Fortier & Associates, Inc., a strategy and profit improvement consulting firm focused on capital goods and chemicals companies, since 1988. Over his 30+ year consulting career he has helped hundreds of manufacturing businesses exceed aggressive profit targets, in all regions globally. He has also been a Strategic Advisory Board member for Genstar Capital, a middle market private equity group with over $30 billion in assets under management, since January 2019. In addition, between 2007 and 2016, Mr. Fortier was a guest lecturer at Columbia Business School's MBA and Executive Education programs. Prior to entering consulting he held technical and management positions with DuPont. President of Fortier & Associates, Inc. AGE DIRECTOR SINCE 66 2008 TERM EXPIRES 2024 COMMITTEES Compensation Nominating and Corporate Governance (Chair)
2024-07-08	Mr. Fortier brings to the Board more than 35 years of global industrial experience as a strategy and execution consultant and manager.