JIM R. RUTH - Corporate Board Profile

Envela Corp

Filing Date	Source Excerpt
2017-12-07	Jim R. Ruth has served as an Independent Director and Chairman of the Compliance, Governance and Nominating Committee since January 2017. Mr. Ruth is currently the President and Chief Executive Officer of OppMetrix. From 2010 to 2015 he was the Executive Vice President – Sales and Marketing, Strategic Planning of OppMetrix. He obtained his Bachelor of Science Degree from the University of Michigan and holds an M.B.A. from the SMU Cox School of Business. Jim R. Ruth has been a member of the Audit Committee, Compensation Committee, and Compliance, Governance and Nominating Committee. Beginning in January 2017, the Compensation Committee recommended that independent directors be paid cash compensation of $10,000 per year, to be paid in $2,500 quarterly increments due on the day of each quarterly board meeting. No other compensation is to be paid. The full Board subsequently approved these recommendations. Jim R. Ruth was elected as independent director on January 17, 2017.
2018-04-30	Jim R. Ruth has served as an Independent Director and Chairman of the Compliance, Governance and Nominating Committee since January 2017. Mr. Ruth is currently the President and Chief Executive Officer of OppMetrix. From 2010 to 2015 he was the Executive Vice President 6ales and Marketing, Strategic Planning of OppMetrix. He obtained his Bachelor of Science Degree from the University of Michigan and holds an M.B.A. from the SMU Cox School of Business.
2019-09-20	Jim R. Ruth has served as a director and as Chairman of the Compliance and Nominating Committee since January 17, 2017. Jim R. Ruth is a member of the Audit Committee and the Compensation Committee. The total compensation paid to Jim R. Ruth for Fiscal 2018 was $10,000.
2020-04-30	Jim R. Ruth has served as a director and as Chairman of the Compliance and Nominating Committee since January 17, 2017. He is a member of the Audit Committee, Compensation Committee, and Compliance, Governance and Nominating Committee. Compensation table shows $10,000 cash compensation for 2019.
2021-04-30	Jim R. Ruth has served as a Director and as Chairman of the Compliance and Nominating Committee since January 17, 2017. He is a member of the Audit Committee, Compensation Committee, and Compliance, Governance and Nominating Committee. Compensation table shows $10,000 cash compensation for Fiscal 2020.
2022-04-21	Jim R. Ruth (1) 58 January 2017 Independent Director and Chairperson of the Compliance, Governance and Nominating Committee ... Jim R. Ruth was elected as independent director on January 17, 2017. ... All three independent directors, Alexandra C. Griffin, Jim R. Ruth and Richard D. Schepp are members of the Audit Committee. ... Compensation of Directors ... Jim R. Ruth 10,000 ... The full Board subsequently approved these recommendations.
2023-04-28	Jim Ruth has been an Independent Director at Envela Corporation since January 17, 2017. Jim R. Ruth was elected as independent director on January 17, 2017. The Compliance, Governance, and Nominating Committee is chaired by Jim R. Ruth. Beginning in January 2017, independent directors are paid $10,000 per year.
2024-04-30	During the past five years Mr. Ruth has also served as Chief Executive Officer for a leading teaming platform, for small federal contractors, in the Software as a Service (SaaS) industry. Mr. Ruth obtained his Bachelor of Science degree from the University of Michigan and holds a Master of Business Administration from the SMU Cox School of Business.