Corporate Board Profile
Tech Score: 0/100
| Filing Date | Source Excerpt |
|---|---|
| 2006-03-24 | In accordance with the foregoing arrangements, the total cash fees paid to Messrs. Berwick, Furth, Gibbons, Ryan and Schaub for 2005 were $65,000, $55,500, $57,000, $46,000 and $52,000, respectively. |
| 2007-03-22 | 2006 Director Compensation table and committee memberships: Edward W. Gibbons received $57,000 fees in cash, $25,581 in stock awards, $888 in other compensation, total $83,469. He serves on Audit and Nominating and Governance Committees. |
| 2008-03-25 | Cash fees for outside directors are as follows: (1) an annual fee of $40,000 for service on the Board, (2) a fee of $1,500 for each Board meeting attended, (3) a $3,000 annual fee for service on each of, as applicable, the Audit Committee, the Compensation Committee, and/or the Nominating and Governance Committee, (4) an additional annual fee of $10,000 for serving as Chairman of the Audit Committee and (5) an additional annual fee of $5,000 for serving as Chairman of the Compensation Committee or the Nominating and Governance Committee. All directors also receive reimbursement for travel and other expenses directly related to activities as directors. On May 3, 2007, the date of the Company’s 2007 Annual Meeting of Stockholders, each of the outside directors received a grant of 4,400 shares of restricted stock under the Stock Incentive Plan. The closing price of the Company’s stock on the date of grant was $34.43 per share, so the grant date fair value of each award was $151,492. Each of these grants is subject to a time vesting condition which provides for the vesting of 25% of the grant on each of May 1, 2008, May 1, 2009, May 1, 2010 and May 1, 2011. Notwithstanding the foregoing, each grant will vest upon the recipient’s retirement (except under certain specified circumstances), death, termination due to total and permanent disability, or the occurrence of a Change in Control (see Appendix A for a definition of this term). Each of the current outside directors is eligible for retirement under the foregoing provision. |
| 2009-03-25 | 2008 Director Compensation table and committee memberships: Audit Committee, Nominating and Governance Committee, Executive Committee. |
| 2010-03-25 | Edward W. Gibbons received $57,000 in fees earned or paid in cash, $145,948 in stock awards, $0 in option awards, $0 in non-equity incentive plan compensation, $0 in change in pension value and nonqualified deferred compensation earnings, and $6,393 in all other compensation, totaling $209,341 in 2009. |
| 2011-03-22 | 2010 Director Compensation table and related text showing Edward W. Gibbons with total compensation of $235,304 and serving on Audit, Nominating and Governance, and Executive Committees. |
Data sourced from SEC filings. Last updated: 2025-08-30