ESTIA J. EICHTEN - Corporate Board Profile

VICOR CORP

Filing Date	Source Excerpt
2008-04-29	Estia J. Eichten 61 1981 Senior Scientist with the Fermi National Accelerator Laboratory in Batavia, Illinois since 1989; President of VLT Corporation, a wholly-owned subsidiary of the Corporation, from 1987 to July 2000 and a Director of VLT, Inc., a wholly-owned subsidiary of the Corporation since July 2000.
2009-04-29	Dr. Eichten has been Senior Scientist with the Fermi National Accelerator Laboratory since 1989. The Audit Committee is currently composed of Messrs. Carlson, Eichten and Riddiford. The Executive Compensation Committee is currently composed of Messrs. Carlson, Eichten and Riddiford. Director compensation for fiscal 2008 for Estia J. Eichten was $48,874.
2010-04-30	Dr. Eichten has been Senior Scientist with the Fermi National Accelerator Laboratory since 1989. While a Director of the Corporation, he served as President of VLT Corporation, a wholly-owned subsidiary of the Corporation, from 1987 to 2000, and has served since July 2000 as a Director of VLT, Inc., a wholly-owned subsidiary of the Corporation since July 2000. Dr. Eichten's qualifications to serve on our Board of Directors include his extensive knowledge of electronics and power conversion, as well as his deep understanding of our products and organization that he has acquired in his 29 years of service as a Director.
2011-04-25	Dr. Eichten has been Senior Scientist with the Fermi National Accelerator Laboratory since 1989. While a Director of the Corporation, he served as President of VLT Corporation, a wholly-owned subsidiary of the Corporation, from 1987 to 2000, and has served as a Director of VLT, Inc., a wholly-owned subsidiary of the Corporation since July 2000. The Audit Committee is composed of Messrs. Carlson, Eichten and Riddiford. The Executive Compensation Committee is currently composed of Messrs. Carlson, Eichten, Griffin and Riddiford. The Directors Compensation table shows Mr. Eichten received $30,000 in cash fees and $14,890 in option awards for a total of $44,890 in 2010.
2012-04-19	Dr. Eichten has been Senior Scientist with the Fermi National Accelerator Laboratory since 1989. He served as President of VLT Corporation, a wholly-owned subsidiary of the Corporation, from 1987 to 2000, and has served as a Director of VLT, Inc., a wholly-owned subsidiary of the Corporation since July 2000. He is qualified to serve on our Board of Directors given his extensive knowledge of electronics and power conversion, as well as the deep understanding of our products and organization that he has acquired in his 31 years of service as a Director. 2011 director compensation: $46,754.
2013-04-18	Dr. Eichten has been Senior Scientist with the Fermi National Accelerator Laboratory since 1989. While a Director of the Corporation, he has served since July 2000 as a Director of VLT, Inc., a wholly-owned subsidiary of the Corporation which owns a majority of the Corporations patents. From 1987 to 2000, Dr. Eichten served as President of VLT Corporation, the predecessor to VLT, Inc.. Dr. Eichtens qualifications to serve on our Board of Directors include his extensive knowledge of electronics and power conversion, as well as the deep understanding of our products and organization that he has acquired in his 32 years of service as a Director.
2014-04-30	Dr. Eichten, an early investor who contributed to the founding of the Corporation, has held various positions with the Fermi National Accelerator Laboratory since 1981, being named a Senior Scientist in 1989. Earlier, he had been an Associate Professor of Physics at Harvard University. Dr. Eichten received both his B.S. and Ph.D. in Physics from the Massachusetts Institute of Technology. He has been an Alfred P. Sloan Foundation Research Fellow and currently is a Fellow of the American Physical Society and the American Association for the Advancement of Science. In 2011, Dr. Eichten and three collaborators were awarded the prestigious J. J. Sakurai Prize for Theoretical Particle Physics in acknowledgement of outstanding achievement in particle physics theory. The Board has determined four of nine Directors (Messrs. Carlson, Eichten, Griffin and Riddiford) are independent as defined by the Nasdaq Rules. Messrs. Carlson, Eichten, Griffin and Riddiford serve on the Audit Committee, with Messrs. Carlson and Riddiford identified as the Audit Committee Financial Experts. All four members of the Compensation Committee of the Board, Messrs. Carlson, Eichten, Griffin and Riddiford, are considered independent.
2015-04-30	Dr. Eichten is an early investor and has served as a Director since 1981. He is a member of the Audit Committee and Compensation Committee. ... Non-employee Directors' Compensation for Fiscal 2014 shows cash fees of $30,000 and option awards of $26,690, totaling $56,690.
2016-04-29	Dr. Eichten, an early investor who contributed to the founding of the Corporation, ... While we do rely on our exemption, as a controlled company, from the Nasdaq Rules requirement that our Board be comprised of a majority of independent Directors, Nasdaq Rules nevertheless require our Board to have an Audit Committee comprised of no fewer than three Directors, all of whom are independent. ... Messrs. Carlson, Eichten, Griffin and Riddiford each serve on the Audit Committee, and the Board has determined each of the members of the Audit Committee are independent under Nasdaq's Rules. ... Messrs. Carlson, Eichten, Griffin and Riddiford, are considered independent, and the Compensation Committee is solely responsible for the administration of the Corporation's stock option plans. ... 2015 total compensation $57,278.
2017-05-01	Dr. Eichten, an early investor who contributed to the founding of the Corporation, has held various positions with the Fermi National Accelerator Laboratory since 1981... While a Director of the Corporation, he has served since July 2000 as a Director of VLT, Inc., a wholly-owned subsidiary of the Corporation, which owns a majority of the Corporation's patents. The Nasdaq Rules further require all members of the Audit Committee have the ability to read and fully understand financial statements... Messrs. Carlson, Eichten, Griffin and Riddiford each serve on the current Audit Committee... The Compensation Committee is solely responsible for the administration of the Corporation's stock option plans... The Compensation Committee held five meetings during 2016 and acted by written consent in lieu of meeting on 15 other occasions to approve stock option awards granted during 2016.
2018-04-30	Dr. Eichten, an early investor who contributed to the founding of the Corporation, has held various positions with the Fermi National Accelerator Laboratory since 1981, being named a Senior Scientist in 1989. ... Dr. Eichten's qualifications to serve on our Board include his extensive knowledge of electronics and power conversion, as well as the deep understanding of our products and organization acquired in his 37 years of service as a Director. ... The Board has determined all three members of the current Audit Committee are independent under the applicable Nasdaq Rules and Securities and Exchange Commission ("SEC") regulations applicable to Audit Committee members. Messrs. Carlson, Eichten, and Griffin are standing for reelection to the Board and, if reelected, intend to serve as members of the Audit Committee for the coming one-year term. ... The Compensation Committee is responsible for approving, based on the recommendation of Dr. Vinciarelli, the compensation for the executive officers of the Corporation, approving all grants of stock options by the Corporation and its subsidiaries, and administering the Corporation's stock option plans pursuant to authority delegated to it by the Board. ... The table below reflects Director compensation for fiscal 2017: ... Estia J. Eichten ... Total Compensation: $53,404.
2019-04-30	Dr. Eichten is independent and serves on the Audit Committee and Compensation Committee. The table below reflects Director compensation for fiscal 2018: Estia J. Eichten Fees Earned or Paid in Cash $30,000 Option Awards $24,142 Total Compensation $54,142
2021-04-30	The table below reflects Director compensation for fiscal 2020: Estia J. Eichten Fees Earned or Paid in Cash $30,000 Option Awards $22,466 Total Compensation $52,466. Dr. Eichten has been a Director since 1981 and is an early investor who contributed to the founding of the Corporation.
2022-04-29	The table below reflects Director compensation for fiscal 2021: Estia J. Eichten Fees Earned or Paid in Cash $30,000 Option Awards $45,085 Total Compensation $75,085
2023-04-28	Estia J. Eichten 76 1981 Dr. Eichten has been a Director for 42 years...The Board has determined that Dr. Eichten is independent and serves on the Audit and Compensation Committees...Directors’ Compensation For Fiscal 2022: Fees Earned or Paid in Cash $30,000, Option Awards $50,759, Total Compensation $80,759.
2024-04-29	Dr. Eichten has been a Director since 1981... The Board has determined that Dr. Eichten is independent and serves on the Audit Committee and Compensation Committee. Directors’ Compensation for Fiscal 2023: Estia J. Eichten Fees Earned or Paid in Cash $30,000, Option Awards $104,976, Total $134,976.