JAY CONZEN - Corporate Board Profile

EACO CORP

Filing Date	Source Excerpt
2001-04-20	Jay Conzen is a Director, consultant to the Company, age 54. He serves on the Audit Committee and Executive Compensation Committee. He was paid $150,000 in consulting fees in 2000 plus $8,668 in cash and options valued at $10,000 for director compensation.
2002-05-01	Jay Conzen is a Director and consultant to the Company, serving on the Audit Committee and Executive Compensation Committee. He received $55,868 consulting fees and $10,000 in options and cash as director compensation.
2003-04-30	Currently, the members of the Audit Committee are Directors Catanzaro, Conzen and Means. ... Mr. Conzen served as a full-time paid consultant to the Company in 2002 and through April 2003. ... Due to the expiration of the Directors Plan in 2002, the Company paid $10,000 cash to each director in 2003 as compensation for their services. ... As a full-time consultant, Mr. Conzen received $12,500 plus expenses per month for these services. Mr. Conzen was paid a total of $150,000 plus expenses for consulting services during 2002.
2004-04-29	Currently, the members of the Audit Committee are Directors Catanzaro, Conzen and Means. The Audit Committee held one meeting during the fiscal year ending December 31, 2003. All members of the Audit Committee attended this meeting. Due to the expiration of the Directors' Plan in 2002, the Company paid $10,000 cash to each director in 2003 as compensation for their services. In addition, in November 1999 the Board of Directors granted Mr. Conzen an option to purchase 25,000 shares of the Company's Common Stock at an exercise price of $2.00 per share as an incentive to maximize the Company's profitability. Mr. Conzen was paid a total of $46,667 plus expenses for consulting services during 2003.
2005-04-27	Currently, the members of the Audit Committee are Directors Catanzaro, Conzen and Means. The Audit Committee held one meeting during the fiscal year ending December 29, 2004. All members of the Audit Committee attended this meeting. Due to the expiration of the Directors' Plan in 2002, the Company paid $10,000 cash to each director in 2005 as compensation for their services. In addition, directors who are not employees of the Company receive a fee of $500 for each Board of Directors' meeting attended. No fees are awarded to directors for attendance at meetings of the Audit or Executive Compensation Committees of the Board of Directors.
2006-04-27	Jay Conzen President of Old Fashioned Kitchen, Inc. since April 2003. Principal of Jay Conzen Investments (investment advisor) from October 1992 to April 2003. Consultant to the Company from August 1999 until January 2001 and from October 2001 to April 2003. Age 59. Currently, the members of the Audit Committee are Directors Catanzaro, Conzen and Means. Directors Catanzaro, Conzen and Means are "independent" within the meaning of Rule 4200(a)(15) of the NASD's published listing standards. The Audit Committee held one meeting during the fiscal year ending December 28, 2005. All members of the Audit Committee attended this meeting. None of the director nominees were employees of the Company during the fiscal year ended December 28, 2005. In order to attract and retain highly qualified directors through an investment interest in the Company's future success, the Company enacted, in l985, a non-qualified Stock Option Plan for Non-Employee Directors (the "Directors' Plan"), which was used to compensate directors until January 2002. Due to the expiration of the Directors' Plan in 2002, the Company paid $10,000 cash to each director in 2006 as compensation for their services. In addition, directors who are not employees of the Company receive a fee of $500 for each Board of Directors' meeting attended. No fees are awarded to directors for attendance at meetings of the Audit or Executive Compensation Committees of the Board of Directors.
2011-04-07	Jay Conzen has served as the President of Old Fashioned Kitchen, Inc., a national food distributor, since April 2003. Prior to that, from October 1992 to April 2003, Mr. Conzen was the principal of Jay Conzen Investments, an investment advisor. Mr. Conzen also served as a consultant to EACO from August 1999 until January 2001 and from October 2001 to April 2003. Mr. Conzen has served as a director of EACO since 1998. Having served as an executive officer of several companies, Mr. Conzen offers to the Board a wealth of management and leadership experience as well as an understanding of issues faced by businesses. He also served as a certified public accountant for a number of years.
2012-04-06	Jay Conzen(1) 65 Director 1998 ... (1) Member of the Audit Committee. ... The Company pays $10,000 per year in cash to each director not employed by EACO or its subsidiary as compensation for his services. During Fiscal 2011, this fee was prorated to account for the Company’s change to a fiscal year ending August 31, beginning with the year ended August 31, 2009. In addition, directors who do not receive a salary from EACO receive a fee of $500 for each Board meeting attended. ... The following table sets forth the compensation of certain Company directors for the year ended August 31, 2011. (See the above “Summary Compensation Table” for information regarding Mr. Ceiley). ... Director Fees Earned or Paid in Cash Total Jay Conzen $9,167 $9,167
2013-04-08	Jay Conzen(1) 66 Director 1998
2014-04-10	Jay Conzen(1) 67 Director 1998
2015-04-14	Jay Conzen(1) 68 Director 1998
2016-04-12	Jay Conzen(1) 69 Director 1998
2017-04-07	Jay Conzen has served as a director of EACO since 1998. He holds an M.B.A. degree from California State University, Long Beach. Having served as an executive officer of several companies, Mr. Conzen offers to the Board a wealth of management and leadership experience as well as an understanding of issues faced by businesses. He also served as a certified public accountant for a number of years. The Company pays $10,000 per year in cash to each director not employed by EACO or its subsidiary as compensation for his services. In addition, directors who do not receive a salary from EACO or its subsidiary receive a fee of $500 for each Board meeting attended. No fees are awarded to directors for attendance at meetings of the Audit Committee or the Executive Compensation Committee of the Board. The following table sets forth the compensation of the non-employee directors of EACO for Fiscal 2016. Jay Conzen $12,000 total.
2018-04-05	Jay Conzen(1) 71 Director 1998
2019-04-01	Jay Conzen(1) 72 Director 1998