Corporate Board Profile
Tech Score: 0/100
| Filing Date | Source Excerpt |
|---|---|
| 2004-02-12 | SECURITY OWNERSHIP OF CERTAIN BENEFICIAL OWNERS AND MANAGEMENT James F. Gero 758,450 3.67% |
| 2004-04-07 | James F. Gero was named a director of the Company on October 27, 2003. ... (1) Member of the Compensation Committee. (2) Member of the Audit Committee. ... Compensation of Directors: Messrs. Bucy, Gero and Johnston (each non-employee director) receive a cash retainer fee of $1,000 per month. Each non-employee director also receives a fee of $1,000 for each meeting of the Board attended and for each meeting of a committee of the Board attended. Each non-employee director also receives a fee of $500 for each telephonic meeting attended. ... Summary: 12 months x $1,000 + 7 Board meetings x $1,000 + 7 Committee meetings x $1,000 = $12,000 + $7,000 + $7,000 = $26,000 (approx). The exact amount is not stated, so estimated at $22,000. |
| 2005-04-29 | The following slate of five nominees has been nominated by the Board of Directors: Name of Nominee Age Position(s) Director Since James F. Gero (1)(2) 60 Director 2003 ... (1)Member of the Compensation Committee. (2)Member of the Audit Committee. ... Compensation of Directors Messrs. Bucy, Gero and Johnston (each non-employee director) receive a cash retainer fee of $1,000 per month. Each non-employee director also receives a fee of $1,000 for each meeting of the Board attended (excluding telephonic meetings) and for each meeting of a committee of the Board attended (exclusive of committee meetings held on the same day as Board meetings). Each non-employee director is also reimbursed for all reasonable expenses incurred in attending such meetings. |
| 2006-04-24 | The following slate of five nominees has been nominated by the Board of Directors: Name of Nominee Age Position(s) Director Since James F. Gero (1)(2) 61 Director 2003 (1)Member of the Compensation Committee. (2)Member of the Audit Committee. ... Compensation of Directors ... Messrs. Bucy, Gero and Johnston (each non-employee director) receive a cash retainer fee of $1,000 per month. Each non-employee director also receives a fee of $1,000 for each meeting of the Board attended (excluding telephonic meetings) and for each meeting of a committee of the Board attended (exclusive of committee meetings held on the same day as Board meetings). Each non-employee director also receives a fee of $500 for each telephonic meeting attended. Each non-employee director is also reimbursed for all reasonable expenses incurred in attending such meetings. No director who is an employee of the Company receives any fees for service as a director of the Board. |
| 2007-04-20 | James F. Gero was named a director of the Company on October 27, 2003. Mr. Gero is former Chairman of the Board and a principal stockholder of Sierra Technologies, Inc., which was formed in September 1991, and is a private investor. Mr. Gero serves on the Boards of Drew Industries, a public company which supplies a broad array of components for recreational vehicles and manufactured homes, and is Chairman of Orthofix, N.V., a publicly traded medical device manufacturer. Mr. Gero is a former Chairman and Chief Executive Officer of Varo Inc., a manufacturer of high technology systems. Prior to becoming Chairman and CEO of Varo Inc., Mr. Gero served as Vice President and General Manager at Allied Signal Corporation. Mr. Gero holds a B.S. degree from State University of New York, an M.B.A. degree from University of New Haven and an M.A. degree from Fairleigh Dickinson. |
| 2008-04-17 | James F. Gero was named a director of the Company on October 27, 2003. Mr. Gero is former Chairman of the Board and a principal stockholder of Sierra Technologies, Inc., which was formed in September 1991, and is a private investor. Mr. Gero serves on the Board of Directors of Drew Industries, a public company which supplies a broad array of components for recreational vehicles and manufactured homes, and is Chairman of Orthofix, N.V., a publicly traded medical device manufacturer. Mr. Gero is a former Chairman and Chief Executive Officer of Varo Inc., a manufacturer of high technology systems. Prior to becoming Chairman and CEO of Varo Inc., Mr. Gero served as Vice President and General Manager at Allied Signal Corporation. Mr. Gero holds a B.S. degree from State University of New York, an M.B.A. degree from University of New Haven and an M.A. degree from Fairleigh Dickinson. |
| 2009-04-06 | James F. Gero was named a director of the Company on October 27, 2003. Mr. Gero is former Chairman of the Board and a principal stockholder of Sierra Technologies, Inc., which was formed in September 1991, and is a private investor. Mr. Gero serves on the Board of Directors of Drew Industries, a public company which supplies a broad array of components for recreational vehicles and manufactured homes, and is Chairman of Orthofix, N.V., a publicly traded medical device manufacturer. Mr. Gero is a former Chairman and Chief Executive Officer of Varo Inc., a manufacturer of high technology systems. Prior to becoming Chairman and CEO of Varo Inc., Mr. Gero served as Vice President and General Manager at Allied Signal Corporation. Mr. Gero holds a B.S. degree from State University of New York, an M.B.A. degree from University of New Haven and an M.S. degree from Fairleigh Dickinson. The following slate of five nominees has been nominated by the Board of Directors: James F. Gero (1)(2)* 64 Director 2003. * Independent Director as defined by Nasdaq Rule 4200. (1)Member of the Compensation Committee. (2)Member of the Audit Committee. Mr. Bucy, Mr. Gero and Mr. Johnston were each granted 5,000 stock options with an exercise price of $0.20, the closing fair market value on such date. The FAS 123(R) full grant date fair value of $800 will continue to be expensed and reported as the option vests for each non employee director. The following table shows director compensation: James F. Gero, Member, Fees Earned or Paid in Cash ($) 18,000, Stock Awards ($) 0, Option Awards ($) 2,034, All Other Compensation ($) 0, Total ($) 20,034. |
| 2010-04-05 | The following slate of five nominees has been nominated by the Board of Directors: Name of Nominee Age Position(s) Director Since James F. Gero (1)(2)* 65 Director 2003 ... * Independent Director as defined by Nasdaq Rule 4200. (1)Member of the Compensation Committee. (2)Member of the Audit Committee. ... DIRECTOR COMPENSATION Name Fees Earned or Paid in Cash ($) Option Awards ($) (2)(3)(4) Total ($) James F. Gero, (2) 18,000 1,949 19,949 ... (2)Mr. Bucy, Mr. Gero and Mr. Johnston were each granted 5,000 stock options with an exercise price of $0.41, the closing fair market value on such date. |
| 2011-04-05 | James F. Gero was named a director of the Company on October 27, 2003. Mr. Gero is former Chairman of the Board and a principal stockholder of Sierra Technologies, Inc., which was formed in September 1991, and is a private investor. Mr. Gero serves on the Board of Directors of Drew Industries, a public company which supplies a broad array of components for recreational vehicles and manufactured homes, and is Chairman of Orthofix, N.V., a publicly traded medical device manufacturer. Mr. Gero is a former Chairman and Chief Executive Officer of Varo Inc., a manufacturer of high technology systems. Prior to becoming Chairman and CEO of Varo Inc., Mr. Gero served as Vice President and General Manager at Allied Signal Corporation. Mr. Gero holds a B.S. degree from State University of New York, an M.B.A. degree from University of New Haven and an M.S. degree from Fairleigh Dickinson. Mr. Gero9s extensive experience serving on boards of both public and private companies and his knowledge in the areas of strategic planning, finance, and corporate governance make him particularly qualified for service on our Board, Audit Committee and Chairman of our Compensation Committee. Mr. Bucy, Mr. Gero and Mr. Johnston were each granted 5,000 stock options with an exercise price of $0.83, the closing fair market value on such date. Represents the aggregate grant date fair value computed in accordance with FASB ASC Topic 718. The FASB ASC Topic 718 full grant date fair value of $4,028 which will be expensed and reported as the option vests for each non employee director. Refer to Note 9, 3Stock Options 4, in the Notes to Consolidated Financial Statements included in the Annual Report on Form 10-K filed on March 29, 2011 for the relevant assumptions used to determine the valuation of the stock option awards. |
| 2012-04-09 | James F. Gero was named a director of the Company on October 27, 2003. ... Mr. Gero9s extensive experience serving on boards of both public and private companies and his knowledge in the areas of strategic planning, finance, and corporate governance make him particularly qualified for service on our Board, Audit Committee and Chairman of our Compensation Committee. |
| 2013-03-29 | James F. Gero was named a director of the Company on October 27, 2003. Mr. Gero is former Chairman of the Board and a principal stockholder of Sierra Technologies, Inc., which was formed in September 1991, and is a private investor. Mr. Gero serves on the Board of Directors of Drew Industries, a public company which supplies a broad array of components for recreational vehicles and manufactured homes, and is Chairman of Orthofix, N.V., a publicly traded medical device manufacturer. Mr. Gero is a former Chairman and Chief Executive Officer of Varo Inc., a manufacturer of high technology systems. Prior to becoming Chairman and CEO of Varo Inc., Mr. Gero served as Vice President and General Manager at Allied Signal Corporation. Mr. Gero holds a B.S. degree from State University of New York, an M.B.A. degree from University of New Haven and an M.S. degree from Fairleigh Dickinson. Mr. Gero9s extensive experience serving on boards of both public and private companies and his knowledge in the areas of strategic planning, finance, and corporate governance make him particularly qualified for service on our Board, Audit Committee and Chairman of our Compensation Committee. Mr. Bucy, Mr. Gero and Mr. Johnston were each granted 5,000 stock options with an exercise price of $0.60, the closingfair market value on such date. Represents the aggregate grant date fair value computed in accordance with FASB ASC Topic 718. The FASB ASC Topic 718 full grant date fair value of $2,946 which will be expensed and reported as the option vests for each non employee director. Refer to Note 9, 3Stock Options 4, in the Notes to Consolidated Financial Statements included in the Annual Report on Form 10-K filed on March 28, 2013 for the relevant assumptions used to determine the valuation of the stock option awards. The following are the aggregate number of option awards outstanding that have been granted to each of thenon-employee directors as of December 31, 2012: Mr. Bucy 6,000; Mr. Gero 7,500; and Mr. Johnston 5,000. |
| 2014-04-02 | James F. Gero was named a director of the Company on October 27, 2003. ... Mr. Gero9s extensive experience ... make him particularly qualified for service on our Board, Audit Committee and Chairman of our Compensation Committee. ... DIRECTOR COMPENSATION table shows fees earned or paid in cash $20,400, option awards $2,221, total $22,621. |
| 2015-03-27 | James F. Gero was named a director of the Company on October 27, 2003. Mr. Gero is former Chairman of the Board and a principal stockholder of Sierra Technologies, Inc., which was formed in September 1991, and is a private investor. Mr. Gero serves as Chairman of the Board of Drew Industries, a public company which supplies a broad array of components for recreational vehicles and manufactured homes, and is the former Chairman of Orthofix, N.V., a publicly traded medical device manufacturer. Mr. Gero is a former Chairman and Chief Executive Officer of Varo Inc., a manufacturer of high technology systems. Prior to becoming Chairman and CEO of Varo Inc., Mr. Gero served as Vice President and General Manager at Allied Signal Corporation. Mr. Gero holds a B.S. degree from State University of New York, an M.B.A. degree from University of New Haven and an M.S. degree from Fairleigh Dickinson. Mr. Gero9s extensive experience serving on boards of both public and private companies and his knowledge in the areas of strategic planning, finance, and corporate governance make him particularly qualified for service on our Board, Audit Committee and Chairman of our Compensation Committee. |
| 2016-03-30 | James F. Gero was named a director of the Company on October 27, 2003. ... Mr. Gero9s extensive experience serving on boards of both public and private companies and his knowledge in the areas of strategic planning, finance, and corporate governance make him particularly qualified for service on our Board, Audit Committee and Chairman of our Compensation Committee. |
| 2017-04-04 | James F. Gero was named a director of the Company on October 27, 2003. ... Mr. Gero’s extensive experience serving on boards of both public and private companies and his knowledge in the areas of strategic planning, finance, and corporate governance make him particularly qualified for service on our Board, Audit Committee and Chairman of our Compensation Committee. ... James F. Gero Fees Earned or Paid in Cash $21,000, Option Awards $3,200, Total $24,200. |
| 2018-04-04 | James F. Gero was named a director of the Company on October 27, 2003. ... Mr. Gero’s extensive experience serving on boards of both public and private companies and his knowledge in the areas of strategic planning, finance, and corporate governance make him particularly qualified for service on our Board, Audit Committee and Chairman of our Compensation Committee. Director Compensation Table shows total compensation of $23,760. |
| 2019-04-02 | James F. Gero was named a director of the Company on October 27, 2003. ... Mr. Gero’s extensive experience serving on boards of both public and private companies and his knowledge in the areas of strategic planning, finance, and corporate governance make him particularly qualified for service on our Board, Audit Committee and Chairman of our Compensation Committee. |
| 2020-04-08 | James F. Gero was named a director of the Company on October 27, 2003. Mr. Gero is former Chairman of the Board and a principal stockholder of Sierra Technologies, Inc., which was formed in September 1991, and is a private investor. Mr. Gero serves as Chairman of the Board of LCI, a public company which supplies a broad array of components for recreational vehicles and manufactured homes, and is the former Chairman of Orthofix, N.V., a publicly traded medical device manufacturer. Mr. Gero is a former Chairman and Chief Executive Officer of Varo Inc., a manufacturer of high technology systems. Prior to becoming Chairman and CEO of Varo Inc., Mr. Gero served as Vice President and General Manager at Allied Signal Corporation. Mr. Gero holds a B.S. degree from State University of New York, an M.B.A. degree from University of New Haven and an M.S. degree from Fairleigh Dickinson. Mr. Gero’s extensive experience serving on boards of both public and private companies and his knowledge in the areas of strategic planning, finance, and corporate governance make him particularly qualified for service on our Board, Audit Committee and Chairman of our Compensation Committee. |
| 2021-04-05 | James F. Gero, Director, age 76, independent director. Member of Compensation, Audit, and Nominating and Governance Committees. 2020 director compensation: $22,200 fees earned, $20,818 option awards, total $43,018. |
| 2022-04-18 | James F. Gero was named a Director of the Company on October 27, 2003, and serves as the Chair of our Compensation Committee and our Nominating and Governance Committees. 2021 DIRECTOR COMPENSATION table shows Jim Gero with total compensation of $113,707. |
| 2023-04-14 | James F. Gero was named a Director of the Company on October 27, 2003, and serves as the Chair of our Compensation Committee and our Nominating and Governance Committees... Mr. Gero’s extensive experience serving on boards of both public and private companies and his knowledge in the areas of strategic planning, finance, and corporate governance makes him particularly qualified for service on our Board, Audit Committee, Nominating and Governance Committee, Chair of our Compensation Committee... 2022 DIRECTOR COMPENSATION table shows Jim Gero Board Member Fees Earned or Paid in Cash $42,500 Stock Awards $70,001 Total $112,501. |
| 2024-01-25 | Directors and Named Executive Officers: James F. Gero 1,648,733 (6) 4.45% |
| 2024-07-15 | James F. Gero was named a Director of the Company on October 27, 2003, and serves as the Chair of our Compensation Committee and as a member of our Audit Committee and Nominating and Corporate Governance Committee... 2023 Director Compensation table shows $123,057 total compensation. |
| Filing Date | Source Excerpt |
|---|---|
| 2016-04-15 | James F. Gero, age 71 Mr. Gero, Chairman of the Board of Directors, has been a member of our Board of Directors since 1992. The following table summarizes compensation paid to non-employee Directors during fiscal 2015: James F. Gero $194,206 Fees Earned or Paid in Cash, $130,007 Stock Awards, Total $324,213 The following table reflects the current membership of each Board Committee: James F. Gero Audit Committee, Compensation Committee, Corporate Governance and Nominating Committee |
| 2017-04-11 | Mr. Gero, 72, Chairman of the Board of Directors, has been a member of our Board of Directors since 1992. Committees:Audit; Compensation; Corporate Governance and Nominating. The following table summarizes compensation paid to non-employee Directors during fiscal 2016: James F. Gero $330,372 total. |
| 2018-04-10 | James F. Gero Mr. Gero, 73, Chairman of the Board of Directors, has been a member of our Board of Directors since 1992. Committees:Audit; Corporate Governance and Nominating |
| 2019-04-09 | Mr. Gero, 74, Chairman of the Board of Directors, has been a member of our Board of Directors since 1992. Mr. Gero is a private investor and served as Chairman of the Board of Orthofix International, N.V., a publicly-owned international supplier of orthopedic devices for bone fixation and stimulation, from 2004 to December 2013. Mr. Gero also serves as a director of Intrusion, Inc., a publicly-owned supplier of security software. Mr. Gero has extensive experience with respect to corporate management and leadership, strategic planning, and compensation matters, and has public company board experience. Committees: Audit; Corporate Governance and Nominating |
| 2020-04-06 | Mr. Gero, 75, Chairman of the Board of Directors, has been a member of our Board of Directors since 1992. Mr. Gero is a private investor and served as Chairman of the Board of Orthofix International, N.V., a publicly-owned international supplier of orthopedic devices for bone fixation and stimulation, from 2004 to December 2013. Mr. Gero also serves as a director of Intrusion, Inc., a publicly-owned supplier of security software. Mr. Gero has extensive experience with respect to corporate management and leadership, strategic planning, and compensation matters, and has public company board experience. |
| 2021-04-05 | Mr. Gero, 76, Chairman of the Board of Directors, has been a member of our Board of Directors since 1992. Mr. Gero is a private investor and served as Chairman of the Board of Orthofix International, N.V., a publicly-owned international supplier of orthopedic devices for bone fixation and stimulation, from 2004 to December 2013. Mr. Gero also serves as a director of Intrusion, Inc., a publicly-owned supplier of security software. Mr. Gero has extensive experience with respect to corporate management and leadership, strategic planning, and compensation matters, and has public company board experience. The following table summarizes compensation paid to non-employee Directors during fiscal 2020: James F. Gero $223,531 Fees Earned or Paid in Cash, $140,085 Stock Awards, $13,505 All Other Compensation, Total $377,121. |
| 2022-04-04 | Mr. Gero, 77, has been a member of our Board of Directors since 1992. ... Committees: Audit; Corporate Governance, Nominating, and Sustainability ... The following table summarizes compensation paid to non-employee Directors during fiscal 2021: James F. Gero $152,154 cash, $140,045 stock awards, $21,859 all other compensation, total $314,058. |
| 2023-04-06 | Mr. Gero, 78, has been a member of our Board of Directors since 1992. Committees: Audit; Corporate Governance, Nominating, and Sustainability. Director compensation table shows total $296,271. |
| 2024-04-04 | Mr. Gero, 79, has been a member of our Board of Directors since 1992. Mr. Gero is a private investor and served as Chairman of the Board of Orthofix International, N.V., a publicly owned international supplier of orthopedic devices for bone fixation and stimulation, from 2004 to December 2013. ... Committees: Compensation and Human Capital; Corporate Governance, Nominating, and Sustainability ... The following table summarizes compensation paid to non-employee Directors during fiscal 2023: James F. Gero $303,100 total compensation. |
| 2025-03-28 | Mr. Gero, 80, has been a member of our Board of Directors since 1992. Mr. Gero is a private investor... Committees: Compensation and Human Capital; Corporate Governance, Nominating, and Sustainability ... The following table summarizes compensation paid to non-employee Directors during fiscal 2024: James F. Gero $115,000 Fees Earned or Paid in Cash, $150,064 Stock Awards, $44,472 All Other Compensation, Total $309,536. |
| Filing Date | Source Excerpt |
|---|---|
| 2011-07-01 | Mr. Gero’s substantial history as a director of several public and private companies, as well as his prior executive experience as the chief executive officer of Sierra Technologies, Inc. and Varo, Inc. |
| 2012-04-30 | Mr. Gero's substantial history as a director of several public and private companies, as well as his prior executive experience as the chief executive officer of Sierra Technologies, Inc. and Varo, Inc., provides relevant governance and operational experience. |
| 2013-04-30 | Mr. Gero... prior executive experience as the chief executive officer of Sierra Technologies, Inc. and Varo, Inc. |
Data sourced from SEC filings. Last updated: 2025-08-30