DREW ALLEN - Corporate Board Profile

PEOPLES FINANCIAL CORP /MS/

Filing Date	Source Excerpt
2003-03-25	Drew Allen 51 President, Allen Beverages, Inc. 1996 1993 Compensation Committee Report: Drew Allen, Chairman Audit Committee Report: Drew Allen, Chairman During 2002, directors who are employees of the Bank did not receive any compensation for serving on the Board of the Bank or the Company or on any Board Committee. All non-employee Directors received an annual retainer of $2,000. Non-employee Directors additionally receive $200 per board meeting attended and $100 - $150 per committee meeting attended.
2004-03-12	Drew Allen An independent director of the Company since 1996 and of the Bank since 1993. President of Allen Beverages, Inc., a beverage distributor headquartered in Gulfport, MS. Age: 52 ... The Audit Committee is currently composed of independent directors Drew Allen, Rex E. Kelly and Dan Magruder. The Companys Board of Directors has determined that Drew Allen is an audit committee financial expert as that term is defined in pertinent SEC regulations. Mr. Allen also serves as chairman of the Audit Committee, which met seven times during 2003. ... The Compensation Committee, composed of independent Company directors Drew Allen, Rex E. Kelly and Dan Magruder, independent Bank directors Tyrone J. Gollott and Jeffrey H. OKeefe, and Chevis C. Swetman, met three times during 2003. Mr. Allen serves as chairman of the Compensation Committee. ... The Company has a Nominating Committee composed of independent directors Drew Allen, Rex E. Kelly and Dan Magruder. Mr. Magruder serves as chairman of the Nominating Committee.
2005-03-11	Drew Allen An independent director of the Company since 1996 and of the Bank since 1993. President of Allen Beverages, Inc., a beverage distributor headquartered in Gulfport, MS. Age: 53 The Company has an Audit Committee, which is currently composed of independent directors (as the term independent is defined by NASDAQ listing standards) Drew Allen, Rex E. Kelly and Dan Magruder. The Companys Board of Directors has determined that Drew Allen is an audit committee financial expert as that term is defined in pertinent SEC regulations. Mr. Allen also serves as chairman of the Audit Committee, which met seven times during 2004. The Company does not have a Compensation Committee, however the Bank has a Compensation Committee, which determines the salary and benefits for the executive officers of the Company. The Committee, composed of independent Company directors Drew Allen, Rex E. Kelly and Dan Magruder, independent Bank directors Tyrone J. Gollott and Jeffrey H. OKeefe, and Chevis C. Swetman, met one time during 2004. Mr. Allen serves as chairman of the Compensation Committee. The Company has a Nominating Committee composed of independent directors Drew Allen, Rex E. Kelly and Dan Magruder. Mr. Magruder serves as chairman of the Nominating Committee.
2006-03-10	Drew Allen An independent director of the Company since 1996 and of the Bank since 1993. President of Allen Beverages, Inc., a beverage distributor headquartered in Gulfport, MS. Age: 54 The Company has an Audit Committee, which is currently composed of independent directors (as the term independent is defined by NASDAQ listing standards) Drew Allen, Rex E. Kelly and Dan Magruder. The Companys Board of Directors has determined that Drew Allen is an audit committee financial expert as that term is defined in pertinent SEC regulations. Mr. Allen also serves as chairman of the Audit Committee, which met six times during 2005. The Compensation Committee determines the salary and benefits for the executive officers of the Company. The Committee, composed of independent Company directors Drew Allen, Rex E. Kelly and Dan Magruder, met two times during 2005. Mr. Allen serves as chairman of the Compensation Committee. The Company has a Nominating Committee composed of independent directors Drew Allen, Rex E. Kelly and Dan Magruder. Mr. Magruder serves as chairman of the Nominating Committee. The Nominating Committee acts pursuant to a charter which is available on the Companys website www.thepeoples.com. The Nominating Committee met one time during 2005.
2007-03-16	Drew Allen An independent director of the Company since 1996 and of the Bank since 1993. President of Allen Beverages, Inc., a beverage distributor headquartered in Gulfport, MS. Age: 55 The Company has an Audit Committee, which is currently composed of independent directors (as the term independent is defined by NASDAQ listing standards) Drew Allen, Rex E. Kelly and Dan Magruder. The Companys Board of Directors has determined that Drew Allen is an audit committee financial expert as that term is defined in pertinent SEC regulations. Mr. Allen also serves as chairman of the Audit Committee. This report is presented by the Audit Committee, consisting of the following persons: Drew Allen, Chairman Rex E. Kelly Dan Magruder The Compensation Committee of the Company has reviewed and discussed with management the Compensation Discussion and Analysis contained in this Proxy Statement. This report is presented by the Compensation Committee, consisting of the following persons: Rex E. Kelly, Chairman Drew Allen Dan Magruder Chevis C. Swetman (non-voting) The Company has a Nominating Committee composed of independent directors Drew Allen, Rex E. Kelly and Dan Magruder. Mr. Magruder serves as chairman of the Nominating Committee.
2008-03-17	Drew Allen An independent director of the Company since 1996 and of the Bank since 1993. President of Allen Beverages, Inc., a beverage distributor headquartered in Gulfport, MS. Age: 56 The Company has an Audit Committee, which is currently composed of independent directors (as the term independent is defined by NASDAQ listing standards) Drew Allen, Rex E. Kelly and Dan Magruder. The Companys Board of Directors has determined that Drew Allen is an audit committee financial expert as that term is defined in pertinent NASDAQ listing standards. The Board based its determination on the experience of Mr. Allen as the chief executive officer of his company. Mr. Allen also serves as chairman of the Audit Committee, which met eight times during 2007. DIRECTOR COMPENSATION TABLE Drew Allen 2007 $22,600 $7,010 $29,610
2009-03-13	Drew Allen An independent director of the Company since 1996 and of the Bank since 1993. President of Allen Beverages, Inc., a beverage distributor headquartered in Gulfport, MS. Age: 57 The Company has an Audit Committee, which is currently composed of independent directors (as the term independent is defined by NASDAQ listing standards) Drew Allen, Rex E. Kelly and Dan Magruder. The Companys Board of Directors has determined that Drew Allen is an audit committee financial expert as that term is defined in pertinent SEC regulations. Mr. Allen also serves as chairman of the Audit Committee, which met seven times during 2008. The Compensation Committee determines the salary and benefits for the executive officers of the Company. The Committee, composed of independent Company directors Drew Allen, Rex E. Kelly and Dan Magruder and non-voting member Chevis C. Swetman, met two times during 2008 to review the executive officers performance and approve bonuses for the preceding year and salaries for the upcoming year. Mr. Kelly serves as chairman of the Compensation Committee. The Company has a Nominating Committee composed of independent directors Drew Allen, Rex E. Kelly and Dan Magruder. Mr. Magruder serves as chairman of the Nominating Committee. Director Compensation Table Drew Allen 2008 Fees Earned Cash: $21,000 Change in Pension Value and Nonqualified Deferred Compensation Earnings: $13,358 Total: $34,358
2010-03-11	The Company has an Audit Committee, which is currently composed of independent directors Drew Allen, Rex E. Kelly and Dan Magruder. The Companys Board of Directors has determined that Drew Allen is an audit committee financial expert as that term is defined in pertinent SEC regulations. Mr. Allen also serves as chairman of the Audit Committee, which met seven times during 2009. The Audit Committee may, from time to time, call upon certain advisors or consultants as it deems necessary. The Audit Committee acts pursuant to its Audit Committee Charter. The Audit Committee submits its report to the shareholders at Section XI below. The Audit Committees Charter is available for review on the Companys website at www.thepeoples.com. The Compensation Committee determines the salary and benefits for the executive officers of the Company. The Committee, composed of independent Company directors Drew Allen, Rex E. Kelly and Dan Magruder and non-voting member Chevis C. Swetman, met two times during 2009 to review the executive officers performance and consider bonuses for the preceding year and salaries for the upcoming year. Mr. Kelly serves as chairman of the Compensation Committee. The Compensation Committee submits its report to the shareholders at Section VI. The Compensation Committees Charter is available for review on the Companys website at www.thepeoples.com. The Company has a Nominating Committee composed of independent directors Drew Allen, Rex E. Kelly and Dan Magruder. Mr. Magruder serves as chairman of the Nominating Committee. The Nominating Committee acts pursuant to a charter which is available on the Companys website www.thepeoples.com. The Nominating Committee met one time during 2009 and one time during 2010 to nominate individuals to stand for election as directors of the Company. During 2009, directors who are employees of the Bank did not receive any compensation for serving on the Board of the Bank or the Company or on any Board committee. All non-employee directors received an annual retainer of $3,500. Non-employee directors additionally receive $500 per board meeting attended and $300 per committee meeting attended. The chairman of the audit committee received $500 per audit committee meeting attended. The chairman of all other committees received $400 per committee meeting attended. The Director Compensation Table below presents information on fees earned or paid to directors in 2009, 2008 and 2007. Drew Allen 2009 $24,300 $13,416 $37,716.
2011-03-16	Mr. Allen, age 59, has served as an independent director of the Company since 1996 and of the Bank since 1993. The Company has an Audit Committee, which is currently composed of independent directors Drew Allen, Rex E. Kelly and Dan Magruder. Mr. Allen also serves as chairman of the Audit Committee, which met six times during 2010. The Compensation Committee, composed of independent Company directors Drew Allen, Rex E. Kelly and Dan Magruder and non-voting member Chevis C. Swetman, met two times during 2010. The Company has a Nominating Committee composed of independent directors Drew Allen, Rex E. Kelly and Dan Magruder. The Director Compensation Table shows Drew Allen received $36,166 in total fees in 2010.
2012-03-21	Mr. Allen, age 60, has served as an independent director of the Company since 1996 and of the Bank since 1993. The Company has an Audit Committee, which is currently composed of independent directors Drew Allen, Rex E. Kelly, Dan Magruder and Jeffrey H. O’Keefe. Mr. Allen also serves as chairman of the Audit Committee, which met seven times during 2011. The Compensation Committee, composed of independent Company directors Drew Allen, Rex E. Kelly, Dan Magruder and Jeffrey H. O’Keefe and non-voting member Chevis C. Swetman, met two times during 2011. The Company has a Nominating Committee composed of independent directors Drew Allen, Rex E. Kelly and Dan Magruder. The Director Compensation Table below presents information on fees earned or paid to directors in 2011. Drew Allen Fees Earned or Paid In Cash $20,500, Change in Pension Value and Nonqualified Deferred Compensation Earnings $19,426, Total $39,926.
2013-03-18	Mr. Allen, age 61, has served as an independent director of the Company since 1996 and of the Bank since 1993. The Company has an Audit Committee, which is currently composed of independent directors Drew Allen, Rex E. Kelly, Dan Magruder and Jeffrey H. O'Keefe. The Compensation Committee, composed of independent directors Drew Allen, Rex E. Kelly, Dan Magruder and Jeffrey H. O'Keefe met three times during 2012 and 2013. The Company has a Nominating Committee composed of independent directors Drew Allen, Rex E. Kelly, Dan Magruder and Jeffrey H. O'Keefe. Director Compensation Table shows Drew Allen received $42,701 in total compensation in 2012.
2014-03-18	Mr. Allen, age 62, has served as an independent director of the Company since 1996 and of the Bank since 1993. The Company has an Audit Committee, which is currently composed of independent directors Drew Allen, Rex E. Kelly, Dan Magruder and Jeffrey H. O’Keefe. The Compensation Committee, composed of independent directors Drew Allen, Rex E. Kelly, Dan Magruder and Jeffrey H. O’Keefe, met three times during 2013. The Company has a Nominating Committee composed of independent directors Drew Allen, Rex E. Kelly, Dan Magruder and Jeffrey H. O’Keefe. The Director Compensation Table below presents information on fees earned or paid to directors in 2013. Drew Allen: $42,706.
2015-03-18	Mr. Allen, age 63, has served as an independent director of the Company since 1996 and of the Bank since 1993. The Company has an Audit Committee, which is currently composed of independent directors Drew Allen, Rex E. Kelly, Dan Magruder and Jeffrey H. OKeefe. The Compensation Committee, composed of independent directors Drew Allen, Rex E. Kelly, Dan Magruder and Jeffrey H. OKeefe, met three times during 2014. Mr. Allen serves as chairman of the Compensation Committee. The Company has a Nominating Committee composed of independent directors Drew Allen, Rex E. Kelly, Dan Magruder and Jeffrey H. OKeefe. The Director Compensation Table below presents information on fees earned or paid to directors in 2014. Drew Allen: $45,189 total.
2016-03-15	Mr. Allen, age 64, has served as an independent director of the Company since 1996 and of the Bank since 1993. The Company9s Audit Committee is currently composed of independent directors Drew Allen, Rex E. Kelly, Dan Magruder and Jeffrey H. O 2Keefe. The Compensation Committee, composed of independent directors Drew Allen, Rex E. Kelly, Dan Magruder and Jeffrey H. O 2Keefe, met three times during 2015. The Company9s Nominating Committee is composed of independent directors Drew Allen, Rex E. Kelly, Dan Magruder and Jeffrey H. O 2Keefe. The Director Compensation Table below presents information on fees earned or paid to directors in 2015. Drew Allen: $50,589.
2017-03-15	Mr. Allen, age 65, has served as an independent director of the Company since 1996 and of the Bank since 1993. The Company9s Audit Committee is currently composed of independent directors Drew Allen, Rex E. Kelly, Dan Magruder and Jeffrey H. O 24Keefe. The Compensation Committee is composed of independent directors Drew Allen, Rex E. Kelly, Dan Magruder and Jeffrey H. O 24Keefe. The Company9s Nominating Committee is composed of independent directors Drew Allen, Rex E. Kelly, Dan Magruder and Jeffrey H. O 24Keefe. The Director Compensation Table below presents information on fees earned or paid to directors in 2016. Drew Allen: $56,179 total.
2018-03-14	Mr. Allen, age 66, has served as an independent director of the Company since 1996 and of the Bank since 1993. The Company believes that Mr. Allen's qualifications to serve on the Board include his executive leadership and management experience. The Company's Audit Committee is currently composed of independent directors Drew Allen, Rex E. Kelly, Dan Magruder and Jeffrey H. O'Keefe. The Compensation Committee is composed of independent directors Drew Allen, Rex E. Kelly, Dan Magruder and Jeffrey H. O'Keefe. Mr. Allen serves as chairman of the Compensation Committee. The Company's Nominating Committee is composed of independent directors Drew Allen, Rex E. Kelly, Dan Magruder and Jeffrey H. O'Keefe.
2019-03-13	Mr. Allen, age 67, has served as an independent director of the Company since 1996 and of the Bank since 1993. The Company9s Audit Committee is currently composed of independent directors Drew Allen, Rex E. Kelly, Dan Magruder and Jeffrey H. O 2Keefe. The Compensation Committee, composed of independent directors Drew Allen, Rex E. Kelly, Dan Magruder and Jeffrey H. O 2Keefe, met three times during 2018. The Company9s Nominating Committee is composed of independent directors Drew Allen, Rex E. Kelly, Dan Magruder and Jeffrey H. O 2Keefe. Director Compensation Table: Drew Allen $24,800.