DAVID L. FRANCIS - Corporate Board Profile

INVESTORS TITLE CO

Filing Date	Source Excerpt
2002-04-16	David L. Francis retired in 1997 as the President of Marsh Mortgage Company, a mortgage banking firm and Marsh Associates, Inc., a property management company where he had been employed since 1963. He serves on the Board of Directors of First Landmark, a Charlotte real estate and property management firm, and is General Partner of the Francis Family Limited Partnership.
2003-04-16	David L. Francis retired in 1997 as the President of Marsh Mortgage Company, a mortgage banking firm, and Marsh Associates, Inc., a property management company, where he had been employed since 1963.
2004-04-21	David L. Francis retired in 1997 as the President of Marsh Mortgage Company, a mortgage banking firm, and Marsh Associates, Inc., a property management company, where he had been employed since 1963. He serves on the Board of Directors of First Landmark, a Charlotte real estate and property management firm, and is General Partner of the Francis Family Limited Partnership. The Audit Committee was composed of David L. Francis, Loren B. Harrell, Jr., William J. Kennedy III and H. Joe King, Jr. The Audit Committee met ten times in 2003.
2005-04-21	David L. Francis retired in 1997 as the President of Marsh Mortgage Company, a mortgage banking firm, and Marsh Associates, Inc., a property management company, where he had been employed since 1963. He serves on the Board of Directors of First Landmark, a Charlotte real estate and property management firm, and is General Partner of the Francis Family Limited Partnership. In 2004, the Audit Committee was composed of David L. Francis, William J. Kennedy III and H. Joe King, Jr, all independent directors.
2006-04-11	David L. Francis retired in 1997 as the President of Marsh Mortgage Company, a mortgage banking firm, and Marsh Associates, Inc., a property management company, where he had been employed since 1963. He serves on the Board of Directors of First Landmark, a Charlotte real estate and property management firm, and is General Partner of the Francis Family Limited Partnership.
2007-04-17	David L. Francis, Mr. Loren B. Harrell, Jr., Mr. R. Horace Johnson, Mr. H. Joe King, Jr., Mr. James R. Morton and Mr. A. Scott Parker III are independent directors. The Audit Committee was composed of Mr. Francis, Mr. Johnson and Mr. King. The Nominating Committee was composed of Mr. Francis, Mr. Harrell and Mr. Parker. 2006 Director Compensation table shows David L. Francis total compensation as $17,705.
2008-04-16	The Audit Committee was composed of Mr. Francis, Mr. Johnson and Mr. King. The Audit Committee met eleven times in 2007. The Board of Directors has determined that each member of the Company's Audit Committee is “independent” as defined under applicable NASDAQ listing standards and SEC rules. The Board of Directors has also determined that all of the current Audit Committee members—Mr. Francis, Mr. Johnson and Mr. King—are “audit committee financial experts” as defined under applicable SEC rules. 2007 Director Compensation: David L. Francis Fees Earned or Paid In Cash ($) 11,500, Stock Awards ($) 6,282, Total ($) 17,782.
2009-04-17	The Audit Committee was composed of Mr. Francis, Mr. Johnson and Mr. King. The Audit Committee met nine times in 2008. The Board of Directors has determined that each member of the Company's Audit Committee is "independent" as defined under applicable NASDAQ listing standards and SEC rules. The Board of Directors has also determined that all of the current Audit Committee members—Mr. Francis, Mr. Johnson and Mr. King—are "audit committee financial experts" as defined under applicable SEC rules. In 2008 the Nominating Committee was composed of Mr. Francis, Mr. King and Mr. Morton. The Nominating Committee met two times in 2008. The Board of Directors has determined that each member of the Company’s Nominating Committee is "independent" as defined under applicable NASDAQ listing standards. 2008 Director Compensation table shows David L. Francis earned $13,000 in fees and $6,434 in stock awards, totaling $19,434.
2010-04-06	The Audit Committee was composed of Mr. Francis, Mr. Johnson and Mr. King. The Compensation Committee was composed of Mr. Hutson, Mr. Morton and Mr. Parker. The Nominating Committee was composed of Mr. Francis, Mr. Hutson and Mr. Johnson. 2009 Director Compensation: David L. Francis $16,588 total.
2011-04-18	David L. Francis retired in 1997 as the President of Marsh Mortgage Company, a mortgage banking firm, and Marsh Associates, Inc., a property management company, where he had been employed since 1963. During the past five years, Mr. Francis has served on the boards of directors of Investors Title Company and First Landmark, a Charlotte real estate and property management firm, and on the Board of Trustees of High Point University. Mr. Francis has extensive experience in mortgage lending, real estate and property management.
2012-04-11	David L. Francis retired in 1997 as the President of Marsh Mortgage Company... The Audit Committee was composed of Mr. Francis, Mr. Johnson and Mr. King. The Nominating Committee was composed of Mr. Francis, Mr. King and Mr. Morton.
2013-04-11	In 2012, the Audit Committee was composed of Mr. Francis, Mr. Johnson and Mr. King. The Audit Committee met eleven times in 2012. The Board of Directors has determined that each member of the Company's Audit Committee is "independent" as defined under applicable NASDAQ listing standards and SEC rules. The Board of Directors has also determined that all of the current Audit Committee members—Mr. Francis, Mr. Johnson and Mr. King—are "audit committee financial experts" as defined under applicable SEC rules. The following table shows the compensation earned by each non-employee director for 2012: David L. Francis: $27,507.
2014-04-10	David L. Francis retired in 1997 as the President of Marsh Mortgage Company, a mortgage banking firm, and Marsh Associates, Inc., a property management company, where he had been employed since 1963. During the past five years, Mr. Francis has served on the boards of directors of Investors Title Company and First Landmark, a Charlotte real estate and property management firm, and on the Board of Trustees of High Point University. Mr. Francis has extensive experience in mortgage lending, real estate and property management.
2015-04-14	The Audit Committee was composed of Mr. Francis, Mr. Johnson and Mr. King. The following table shows the compensation earned by each non-employee director for 2014: David L. Francis $38,494 total compensation.
2016-04-12	The Board of Directors has determined that the following directors and nominees for director are independent directors within the meaning of the applicable listing standards of The NASDAQ Stock Market LLC ("NASDAQ") and the Company’s Board of Directors Independence Standards: David L. Francis, Richard M. Hutson II, R. Horace Johnson, H. Joe King, Jr., James R. Morton, and James H. Speed, Jr. The Board of Directors Independence Standards can be found on the Company’s website at www.invtitle.com/investors-independence-standards. The Audit Committee was composed of Mr. Francis, Mr. Johnson and Mr. King. The Audit Committee met ten times during fiscal 2015. 2015 Director Compensation table shows David L. Francis earned $41,960 in total.
2017-04-13	David L. Francis retired in 1997 as the President of Marsh Mortgage Company, a mortgage banking firm, and Marsh Associates, Inc., a property management company, where he had been employed since 1963. ... Mr. Francis has extensive experience in mortgage lending, real estate and property management. ... During fiscal 2016, the Audit Committee was composed of Mr. Francis, Mr. Johnson and Mr. King. ... The following table shows the compensation earned by each non-employee director for fiscal 2016: David L. Francis 44,017.
2018-04-13	David L. Francis has served on the Board of Directors... The Audit Committee was composed of Mr. Francis, Mr. Johnson and Mr. King... The 2017 Director Compensation table shows David L. Francis earned $56,053 in total compensation.
2019-04-15	The Audit Committee. During fiscal 2018, the Audit Committee was composed of Mr. Francis, Mr. Johnson and Mr. King. The Audit Committee met eleven times during fiscal 2018. The Board of Directors has determined that each member of the Company’s Audit Committee is “independent” as defined under applicable Nasdaq listing standards and SEC rules, including the special independence requirements applicable to Audit Committee members. The Board of Directors has also determined that all of the current Audit Committee members—Mr. Francis, Mr. Johnson and Mr. King—are “audit committee financial experts” as defined under applicable SEC rules. The following table shows the compensation earned by each non-employee director for fiscal 2018: David L. Francis total compensation $74,855.
2020-04-13	David L. Francis retired as President of Marsh Mortgage Company. He serves on Audit Committee. Director compensation table shows total $76,605 for 2019.
2021-04-12	David L. Francis retired in 1997 as the President of Marsh Mortgage Company, a mortgage banking firm, and Marsh Associates, Inc., a property management company, where he had been employed since 1963. During the past five years, Mr. Francis has served on the Board of Directors of Investors Title Company. Mr. Francis was selected and qualified to serve on the Board of Directors because he has extensive experience in mortgage lending, real estate and property management. The Audit Committee. During fiscal 2020, the Audit Committee was composed of Mr. Francis, Mr. Hutson and Mr. Speed until May 20, 2020 when Ms. Coley and Mr. Parker were appointed to the Audit Committee to replace Mr. Hutson and Mr. Speed. The Nominating Committee. During fiscal 2020, the Nominating Committee was composed of Mr. Francis, Mr. Morton and Mr. Speed. The following table shows the compensation earned by each non-employee director for fiscal 2020: David L. Francis 24,500 0 28,265 52,765
2022-04-12	The Audit Committee was composed of Ms. Coley, Mr. Francis, and Mr. Parker. The Audit Committee met seven times during fiscal 2021. The Compensation Committee was composed of Mr. Hutson, Mr. Morton and Mr. Speed. The Nominating Committee was composed of Ms. Coley, Mr. Francis and Mr. Speed. 2021 Director Compensation table shows David L. Francis total compensation as $64,333.
2023-04-11	David L. Francis has served on the Board of Directors since 1982. The Audit Committee was composed of Ms. Coley, Mr. Francis, and Mr. Parker. The Compensation Committee was composed of Mr. Hutson, Mr. Morton and Mr. Speed until July 2022. Upon the death of Mr. Morton, Mr. Francis was appointed to the Compensation Committee. 2022 Director Compensation table shows David L. Francis earned $73,890.
2024-04-12	Mr. Francis was selected and qualified to serve on the Board of Directors because he has extensive experience in mortgage lending, real estate and property management.