EDWARD BONIFAS - Corporate Board Profile

OLD SECOND BANCORP INC

Filing Date	Source Excerpt
2014-04-21	The members of the Compensation Committee in 2013 were Messrs. Bonifas, Kane, Meyer and Palmer (who served as Chairman), each of whom is an "independent" director as defined by Nasdaq, an "outside" director pursuant to Section 162(m) of the Internal Revenue Code and a "non-employee" director under Section 16 of the Securities Exchange Act of 1934. We expect that these members will continue to serve on the committee in 2014.
2015-04-17	Edward Bonifas (Age 55) Vice President, Alarm Detection Systems, Inc., producer and installer of alarm systems, closed circuit video systems and card access control systems.
2016-04-12	Mr. Bonifas is qualified for service on the board, the Audit Committee, Nominating and Corporate Governance Committee and the Compensation Committee. Mr. Bonifas also serves as Chairman of our IT Steering committee. In 2015, Mr. Bonifas earned $39,250 in director fees.
2017-04-14	Mr. Bonifas is the Vice President of Alarm Detection Systems, Inc., a producer and installer of alarm systems, closed circuit video systems and card access control systems. We consider Mr. Bonifas to be qualified for service on the board, the Risk Committee, Nominating and Corporate Governance Committee and the Compensation Committee due to his skills and expertise acquired as a leader of a successful business and his prominence in the communities we serve. Mr. Bonifas also serves as Chairman of our Information Technology Steering committee where he uses his business expertise for cybersecurity oversight. 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. Bonifas received $39,500 in fees earned or paid in cash in 2016.
2018-04-13	Mr. Bonifas serves on the Risk Committee, Nominating and Corporate Governance Committee and the Compensation Committee. He is Chairman of the Information Technology Steering Committee. Director compensation table shows Edward Bonifas fees earned or paid in cash $33,500, stock awards $27,125, total $60,625.
2019-04-19	Mr. Bonifas is the Executive Vice President of Alarm Detection Systems, Inc., a producer and installer of alarm systems, closed circuit video systems and card access control systems, a position he has held since 2000. We consider Mr. Bonifas to be qualified for service on the board, the Risk Committee, Nominating and Corporate Governance Committee and the Compensation Committee due to his skills and expertise acquired as a leader of a successful business and his prominence in the communities we serve. Mr. Bonifas also serves as Chairman of our Information Technology Steering committee where he uses his business expertise for cybersecurity oversight. ... The following table sets forth the compensation paid to our non-employee directors in 2018: Edward Bonifas 29,500 fees earned or paid in cash, 91,375 stock awards, total 120,875.
2020-07-17	Mr. Bonifas is the Executive Vice President of Alarm Detection Systems, Inc., a producer and installer of alarm systems, closed circuit video systems and card access control systems, a position he has held since 2000. We consider Mr. Bonifas to be qualified for service on the board, the Risk Committee, the Nominating and Corporate Governance Committee and the Compensation Committee due to his skills and expertise acquired as a leader of a successful business and his prominence in the communities we serve. Mr. Bonifas also serves as Chairman of our Information Technology Steering committee where he uses his business expertise for cybersecurity oversight. The following table sets forth the compensation paid to our non-employee directors in 2019: Edward Bonifas Fees earned or paid in cash $37,250 Stock Awards $19,365 Total $56,615
2022-04-14	Mr. Bonifas is the Executive Vice President of Alarm Detection Systems, Inc., a producer and installer of alarm systems, closed circuit video systems and card access control systems, a position he has held since 2000. We consider Mr. Bonifas to be qualified for service on the board, the Risk Committee (as Chairman), the Nominating and Corporate Governance Committee and the Compensation Committee due to his skills and expertise acquired as a leader of a successful business and his prominence in the communities we serve. Mr. Bonifas also serves on our Information Technology Steering committee where he uses his business expertise for cybersecurity oversight. The following table sets forth the compensation paid to each of our non-employee directors and to Mr. Acker in 2021: Edward Bonifas - $40,375 fees earned or paid in cash, $42,748 stock awards, total $83,123.
2023-04-14	Mr. Bonifas is the Executive Vice President of Alarm Detection Systems, Inc. ... Mr. Bonifas to be qualified for service on the board, Nominating and Corporate Governance Committee, and as Chair of the Risk and Insurance Committee ... Mr. Bonifas also serves on our Executive Committee and Information Technology Steering committee ... 2022 director compensation table showing Edward Bonifas with total $99,127.
2024-04-19	Mr. Bonifas is the Executive Vice President of Alarm Detection Systems, Inc., a producer and installer of alarm systems, closed circuit video systems and card access control systems. Mr. Bonifas also serves on our Executive Committee and Information Technology Steering committee where he uses his business expertise for cybersecurity oversight.