JOE L. WILLIAMS - Corporate Board Profile

FRIEDMAN INDUSTRIES INC

Filing Date	Source Excerpt
2001-07-30	Joe L. Williams................... Chairman and Chief Executive Officer, Wisenberg Insurance + Risk Management (insurance and risk management), Houston, Texas The Board of Directors has a stock option committee composed of Messrs. Rauch, Rich and Williams. DIRECTOR FEES With the exception of directors who are employees of the Company, directors are paid $500 per quarter and receive annually 400 shares of Common Stock. In addition, audit committee members receive $500 for each committee meeting attended.
2002-07-29	Joe L. Williams................... Chairman and Chief Executive Officer, Wisenberg Insurance + Risk Management (insurance and risk management), Houston, Texas DIRECTOR COMPENSATION With the exception of directors who are employees of the Company, directors are paid $500 per quarter and receive annually 400 shares of Common Stock pursuant to the Company's 2000 Non-Employee Director Stock Plan. In addition, audit committee members receive $500 for each committee meeting attended. The Board of Directors has a stock option committee composed of Messrs. Rauch, Rich and Williams for the purpose of administering any stock option or stock plan of the Company pursuant to terms of such plans. The stock option committee met one time in fiscal 2002, and Messrs. Rauch, Rich and Williams attended this meeting.
2003-07-25	The Board of Directors has a compensation and stock option committee composed of Messrs. Rauch, Rich and Williams. The compensation and stock option committee met one time in fiscal 2003, and Messrs. Rauch and Williams attended the meeting. Mr. Rich was not present at the meeting. The Board has a nominating committee comprised of Messrs. Hall, Rauch, Rich, Weaver and Williams. With the exception of directors who are employees of the Company, directors are paid $500 per quarter and receive annually 400 shares of Common Stock pursuant to the Company's 2000 Non-Employee Director Stock Plan.
2004-07-29	Joe L. Williams Since 2003, Managing Director, Accordia of Texas, Inc., Houston, Texas; formerly for more than five years, Chairman and Chief Executive Officer, Wisenberg Insurance + Risk Management (insurance and risk management), Houston, Texas 2000 58
2005-07-26	With the exception of directors who are employees of the Company, directors are currently paid $1,000 per quarter and receive annually 400 shares of Common Stock pursuant to the Companys 2000 Non-Employee Director Stock Plan. In addition, the chairman of the audit committee and members of such committee receive $1,000 and $750, respectively, for each committee meeting attended.
2006-07-25	With the exception of directors who are employees of the Company, directors are currently paid $2,000 per quarter. In addition, the chairman of the audit committee and members of such committee receive $1,000 and $750, respectively, for each committee meeting attended. On October 15, 2005, each non-employee director also received 320 shares of Common Stock of the Company under the Company 2000 Non-Employee Director Stock Plan, which terminated in accordance with its terms subsequent to such grants. In addition, each non-employee director received $490, representing an amount equal to 80 shares of Common Stock at the closing price of $6.12 per share on October 14, 2005 as reported on the American Stock Exchange. Messrs. Crow, H. Friedman and J. Friedman receive no compensation for serving as directors. The Board of Directors has an audit committee which currently consists of Messrs. Rauch, Weaver and Williams. The compensation and stock option committee is composed of Messrs. Rauch, Rich and Williams. The nominating committee is composed of Messrs. Hall, Rauch, Rich, Weaver and Williams. The Board formed a special committee comprised of Messrs. Hall, Rauch, Rich, Weaver and Williams to consider the purchase of 551,248 shares of Common Stock from Jack Friedman for approximately $4.911 per share or a total of $2,707,179.
2007-07-24	Joe L. Williams - Business Development Manager Wells Fargo Insurance Services of Texas, Inc. Compensation: $14,000. Serves on Audit Committee, Compensation and Stock Option Committee, and Nominating Committee.
2008-07-23	Joe L. Williams Partner, Pozmantier Insurance Consulting Services LLC (insurance and risk management consultants), Houston, Texas, since October 2007; formerly Business Development Manager Wells Fargo Insurance Services of Texas, Inc., Houston, Texas, since February 2007; formerly Senior Vice President, Acordia of Texas, Inc., Houston, Texas, since 2005; formerly Managing Director, Acordia of Texas, Inc. since 2003; formerly for more than five years, Chairman and Chief Executive Officer, Wisenberg Insurance + Risk Management (insurance and risk management), Houston, Texas 2000 62 The Board of Directors has a compensation and stock option committee composed of Messrs. Rauch, Rich (Chair) and Williams. Joe L. Williams compensation: 11,000
2009-07-27	Joe L. Williams Partner, Pozmantier Insurance Consulting Services LLC (insurance and risk management consultants), Houston, Texas Compensation and Nominating committee member Total compensation: $8,000
2010-07-26	Joe L. Williams Partner, PozmantierWilliams Insurance Consultants, LLC (insurance and risk management consultants), Houston, Texas Compensation Committee, Nominating Committee (Chair) Total compensation: 8,000 USD
2011-07-25	Joe L. Williams Non-Equity Fees Earned or Paid in Cash: 8,000 The compensation committee is composed of Messrs. Agrawal, Rauch, Rich (Chair) and Williams. The nominating committee is composed of Messrs. Agrawal, Hall, Rauch, Reichenthal, Rich, Spira and Williams (Chair).
2012-07-19	Joe L. Williams Fees Earned or Paid in Cash: $8,000. Committees: Compensation Committee, Nominating Committee.
2013-07-19	Joe L. Williams Fees Earned or Paid in Cash: $20,000. Committees: Compensation Committee, Nominating Committee.
2014-07-17	Joe L. Williams Partner, PozmantierWilliams Insurance Consultants, LLC (insurance and risk management consultants), Houston, Texas Compensation Committee composed of Messrs. Agrawal, Rauch and Williams (Chairman). Nominating Committee currently composed of Messrs. Agrawal, Hall, Rauch, Reichenthal, Spira and Williams (Chairman).
2015-07-27	Except for Mr. Crow, who is a Named Executive Officer (as defined in “Executive Compensation” below), the following table summarizes compensation paid to each director during the fiscal year ended March 31, 2015: Joe L. Williams Fees Earned or Paid in Cash($) 24,000 All Other Compensation($) — Total($) 24,000
2016-07-20	Joe L. Williams Partner, PozmantierWilliams Insurance Consultants, LLC (insurance and risk management consultants), Houston, Texas 2000 70 For the fiscal year ended March 31, 2016, with the exception of Mr. Crow, directors were paid $6,000 per quarter. In addition, the Chairman and members of the Audit Committee received $3,000 and $2,250, respectively, for each Audit Committee meeting attended. Joe L. Williams 24,000 — 24,000
2017-07-20	Joe L. Williams Partner, PozmantierWilliams Insurance Consultants, LLC (insurance and risk management consultants), Houston, Texas 2000 Age 71 Mr. Williams serves as the presiding director for each executive session. For the fiscal year ended March 31, 2017, directors were paid $6,000 per quarter. Joe L. Williams Fees Earned or Paid in Cash($): 24,000 Total($): 24,000
2018-07-20	Except for Mr. Sparkman, who is a Named Executive Officer (as defined in “Executive Compensation” below), the following table summarizes compensation paid to each director during the fiscal year ended March 31, 2018: Joe L. Williams 24,000
2019-07-26	Mr. Williams has a broad range of experience in insurance and risk management. He has served as an executive officer in several large insurance businesses and is currently a partner of Pozmantier, Williams & Stone Insurance Consultants, LLC in Houston, Texas. His independence, insight into business operations and executive experience qualify him to serve as a member of our Board of Directors. For the fiscal year ended March 31, 2019, directors were paid $6,000 per quarter. Mr. Williams received $24,000 in total director compensation for fiscal year 2019.
2020-07-28	Joe L. Williams Partner, Pozmantier, Williams & Stone Insurance Consultants, LLC (insurance and risk management consultants), Houston, Texas 2000 74 ...Mr. Williams serves as the presiding director for each executive session. ...Director Compensation Table for Fiscal Year 2020 Joe L. Williams 30,000 — 30,000
2021-07-29	Except for Mr. Taylor, who is a Named Executive Officer (as defined in “Executive Compensation” below), the following table summarizes compensation paid to each director during the fiscal year ended March 31, 2021: Joe L. Williams 36,000 Fees Earned or Paid in Cash, 20,000 All Other Compensation, Total 56,000. The Board of Directors holds a regular meeting in conjunction with the Annual Meeting of Shareholders. Directors are encouraged to and generally attend the Annual Meeting of Shareholders. The 2020 Annual Meeting of Shareholders was attended by all of the directors in place at that time. Mr. Williams serves as the presiding director for each executive session.
2022-08-02	Joe L. Williams was paid $36,000 in fees and $10,000 in other compensation for a total of $46,000. He serves on the Nominating Committee and is the presiding director for executive sessions.
2023-07-28	Joe L. Williams 36,000 fees earned or paid in cash, 10,000 all other compensation, total 46,000. Member of Compensation Committee and Nominating Committee. Serves as presiding director for executive sessions.
2024-07-26	Partner, Pozmantier, Williams & Stone Insurance Consultants, LLC (insurance and risk management consultants), Houston, Texas.