DUANE SUITS - Corporate Board Profile

OLD SECOND BANCORP INC

Filing Date	Source Excerpt
2014-04-21	The members of our Audit Committee during 2013 were Messrs. Finn, (who served as Chairman), Bonifas, Ladowicz, Schmitz and Suits, each of whom is deemed to be an independent director under Nasdaq's rules. We expect that these members will continue to serve on the committee in 2014.
2015-04-17	Duane Suits (Age 65) Retired Partner, Sikich LLC, financial service firm, and Independent Financial Services Provider (2004-present).
2016-04-12	Mr. Suits is a qualified candidate for service on the board and the Audit Committee. In 2015, Mr. Suits earned $41,750 in director fees.
2017-04-14	Mr. Suits is a retired Partner of Sikich LLC, a financial services firm. We consider Mr. Suits to be a qualified candidate for service on the board and the Audit Committee as Chairman (including as the audit committee financial expert) and the Risk Committee and the Nominating and Corporate Governance Committee due to his skills and experience in the financial services industry and his familiarity with Old Second's operations. Each of our directors also serves as a director of Old Second National Bank. In 2016, each non-employee director received $1,000 for every board meeting and $500 for every committee meeting attended if there were no other bank-level meetings held that day. Non-employee directors of the Bank received a $13,000 annual retainer. Our Chairman received an $80,000 retainer in 2016 for his service as the chairman; in addition, he received $1,000 for every board meeting and $500 for every committee meeting attended. The chairs of our Compensation Committee, Mr. Ladowicz, and Audit Committee, Mr. Suits, also received additional 2016 retainers in the amounts of $18,000 and $20,000, respectively. Mr. Suits received $45,500 in fees earned or paid in cash in 2016.
2018-04-13	Mr. Suits serves as Chairman of the Audit Committee and also serves on the Compensation Committee and the Nominating and Corporate Governance Committee. Director compensation table shows Duane Suits fees earned or paid in cash $42,000, stock awards $27,125, total $69,125.
2019-04-19	Mr. Suits was a founding Partner of Sikich LLC, a financial services firm, from 1982 until his retirement in 2004. We consider Mr. Suits to be a qualified candidate for service on the board and the Audit Committee as Chairman (including as the audit committee financial expert) and the Risk Committee and the Nominating and Corporate Governance Committee due to his skills and experience in the financial services industry and his familiarity with Old Second’s operations. ... The following table sets forth the compensation paid to our non-employee directors in 2018: Duane Suits 40,000 fees earned or paid in cash, 91,375 stock awards, total 131,375.
2020-07-17	Mr. Suits was a founding Partner of Sikich LLC, a financial services firm, from 1982 until his retirement in 2004. We consider Mr. Suits to be a qualified candidate for service on the board, the Audit Committee (as Chairman ), the Risk Committee and the Nominating and Corporate Governance Committee due to his skills and experience in the financial services industry. The following table sets forth the compensation paid to our non-employee directors in 2019: Duane Suits Fees earned or paid in cash $45,250 Stock Awards $19,365 Total $64,615
2022-04-14	Mr. Suits was a founding Partner of Sikich LLC, a financial services firm, from 1982 until his retirement in 2004. We consider Mr. Suits to be a qualified candidate for service on the board, the Audit Committee and the Risk Committee due to his skills and experience in the financial services industry. The following table sets forth the compensation paid to each of our non-employee directors and to Mr. Acker in 2021: Duane Suits - $36,750 fees earned or paid in cash, $42,748 stock awards, total $79,498.