JOEL W. LOONEY - Corporate Board Profile

SRH Total Return Fund, Inc.

Filing Date	Source Excerpt
2002-09-03	JOEL W. LOONEY Director of the Fund Partner, Financial Management Group, LLC since July 1999. Director, Boulder Total Return Fund, Inc., since January 2001. Age: 40. Director compensation: $6,000.
2003-03-25	Joel W. Looney Director of the Fund Partner, Financial Management Group, LLC 2 Age: 40 since January, 2002. since July 1999; CFO, Bethany College from Current Nominee for 1995 -1999; Director, Boulder Total Return Director for a term to Fund, Inc., since January 2001. expire at the 2006 annual meeting ... The Audit Committee has considered and concluded that the provision of non-audit services is compatible with maintaining the auditors' independence. The Audit Committee is composed entirely of the Fund's independent Directors, consisting of Messrs. Aldridge, Barr and Looney.
2004-04-06	Joel W. Looney Director of the Fund Partner, Financial Management Group, LLC since July 1999; CFO, Bethany College from 1995 -1999; Director, Boulder Total Return Fund, Inc., since January 2001; Director and Chairman of the Board, First Financial Fund, Inc. since August 2003. The Audit Committee is composed entirely of the Fund's independent Directors, consisting of Messrs. Aldridge, Barr and Looney. The Board of Directors has a nominating committee (the "Nominating Committee") consisting of Messrs. Looney, Aldridge and Barr.
2005-03-07	Joel W. Looney, Chairman of the Board, Director of the Fund since January, 2002. Chairman of the Board of the Fund since October 2004. Current Nominee for a term to expire at the 2006 annual meeting. Aggregate Compensation: $25,000 from the Fund, $86,000 total from Fund Complex. Committees: Audit Committee, Nominating Committee.
2006-04-07	Joel W. Looney, Chairman Director of the Fund since January, 2002. Chairman of the Board of the Fund since October 2004. Current Nominee for a term to expire at the 2007 annual meeting. Age: 43. The Audit Committee is composed entirely of the Fund's independent Directors, consisting of Messrs. Aldridge, Barr, Causier and Looney. The Nominating Committee has a nominating committee consisting of Messrs. Looney, Aldridge, Causier and Barr. The following table sets forth certain information regarding the compensation of the Fund's Directors for the fiscal year ended November 30, 2005. Joel W. Looney, Director and Chairman of the Board $32,500.
2007-03-08	Joel W. Looney, Chairman, Age: 44, Director of the Fund since 2002. Chairman of the Board of the Fund since 2004. Current Nominee for a term to expire at the 2008 annual meeting. The Audit Committee is composed entirely of the Fund's independent Directors, consisting of Messrs. Jacobson, Barr, and Looney. The Nominating Committee consists of Messrs. Looney, Jacobson and Barr. Joel W. Looney, Director and Chairman of the Board, received $31,000 from the Fund for the fiscal year ended November 30, 2006.
2008-03-28	Joel W. Looney Director of the Fund Partner (since 1999), Financial Management 4 since 2002. Chairman Group, LLC (investment adviser); Director Chairman of the Board of the (since 2001), Boulder Total Return Fund, Fund since 2004. Inc.; Director and Chairman (since 2003), Age: 46 Current Nominee for a First Financial Fund, Inc.; Director and term to expire at the Chairman of the Board (since 2007), The 2009 annual meeting. Denali Fund Inc.
2009-03-13	Joel W. Looney Director of BTF since Partner (since 1999), Financial Management 4 2001 and BIF since Group, LLC (investment adviser); Director Chairman of BIF 2002. Chairman of the and Chairman (since 2003), First Opportunity Board of BIF since Fund, Inc.; Director and Chairman (since Age: 47 2003. Current Nominee 2007), The Denali Fund Inc. for BTF and BIF for a term to expire at the 2011 annual meeting. ... The Audit Committee of each Fund is composed entirely of the applicable Fund's independent Directors, consisting of Messrs. Barr, Jacobson, and Looney for both BTF and BIF. ... The Nominating Committee of each Fund has a nominating committee (the "Nominating Committee") consisting of Messrs. Looney, Jacobson and Barr... ... Name of Person and Position with the Aggregate Compensation Aggregate Compensation Total Compensation from Funds from BTF from BIF the Funds and Fund Complex ---------------------------------------- ------------------------- ------------------------- ---------------------------- ... Joel W. Looney, Director for BTF and $28,500 $29,000 $121,000 BIF and Chairman for BIF (4 funds)
2010-04-09	Joel W. Looney, Director and Chairman of the Board. Mr. Looney joined the Board in 2002 and sits on the boards of three other closed-end investment companies affiliated with the Fund – the Boulder Total Return Fund (“BTF”) since 2001, The Denali Fund (“DNY”) since 2007, and First Opportunity Fund since 2003 (“FF”; together, the “Affiliated Funds”). Mr. Looney has significant financial, accounting and investment knowledge and experience. He holds a Certified Financial Planner (“CFP”) designation and, since 1999, has been a principal and partner with Financial Management Group, LLC, an investment management firm in Salina, KS (“FMG”). Mr. Looney is a registered representative with VSR Financial Services, Inc. of Overland Park, Kansas and holds FINRA-approved Series 7, Series 63 Uniform State Law and Series 65 Uniform Investment Adviser Law certifications. Prior to his current position with FMG, Mr. Looney was vice president and CFO for Bethany College in Lindsborg, Kansas (1995 to 1999) and also served as vice president and CFO for St. John’s Military School in Salina, Kansas (1986 to1995). From the late 1980’s until January, 2001, Mr. Looney served, without compensation, as one of three trustees of the Mildred Horejsi Trust, an affiliate of the EH Trust. Mr. Looney holds a B.S. from Marymount College and an MBA from Kansas State University. The Board believes that Mr. Looney’s past experience as a chief financial officer and his ongoing experience in the investment management industry uniquely qualifies him as a Director and, in particular, as chairman of the Audit Committee and the Fund’s “financial expert” (as defined under the Securities and Exchange Commission's Regulation S-K, Item 407(d)). In addition, since joining the Board of BTF in 2001, Mr. Looney has gained substantial board and closed-end investment company experience and, together with the other Directors, has dealt skillfully with a broad range of complex issues vis-à-vis the Fund and Affiliated Funds.
2011-04-05	Joel W. Looney, Director and Chairman of the Board. Mr. Looney joined the Board in 2002 and sits on the boards of three other closed-end investment companies affiliated with the Fund – the Boulder Total Return Fund (“BTF”) since 2001, The Denali Fund (“DNY”) since 2007, and First Opportunity Fund since 2003 (“FOFI”; together, the “Affiliated Funds”). He holds a Certified Financial Planner (“CFP”) designation and, since 1999, has been a principal and partner with Financial Management Group, LLC, an investment management firm in Salina, KS (“FMG”). Mr. Looney is a registered representative with VSR Financial Services, Inc. of Overland Park, Kansas and holds FINRA-approved Series 7, Series 63 Uniform State Law and Series 65 Uniform Investment Adviser Law certifications. Prior to his current position with FMG, Mr. Looney was vice president and CFO for Bethany College in Lindsborg, Kansas (1995 to 1999) and also served as vice president and CFO for St. John’s Military School in Salina, Kansas (1986 to1995). From the late 1980’s until January, 2001, Mr. Looney served, without compensation, as one of three trustees of the Mildred Horejsi Trust, an affiliate of the EH Trust. Mr. Looney holds a B.S. from Marymount College and an MBA from Kansas State University. Based upon the foregoing, the Board selected Mr. Looney to serve as a Director of the Fund because of his financial, accounting and investment knowledge and experience and because of his substantial closed-end investment company experience, during which he has dealt skillfully with a broad range of complex issues with respect to the Fund and Affiliated Funds. In addition, Mr. Looney’s past experience as a chief financial officer and his ongoing experience in the investment management industry uniquely qualifies him as a Director and, in particular, as chairman of the Audit Committee and the Fund’s “financial expert” (as defined under the Securities and Exchange Commission's Regulation S-K, Item 407(d)).
2012-03-28	Joel W. Looney, Director of BIF, BTF, DNY and FOFI and Chairman of the Board of BIF, DNY and FOFI. Mr. Looney joined the BIF Board in 2002, the BTF Board in 2001, the DNY Board in 2007, and the FOFI Board in 2003. He holds a Certified Financial Planner (CFP) designation and, since 1999, has been a principal and partner with Financial Management Group, LLC, an investment management firm in Salina, KS (FMG). Mr. Looney is a registered representative with VSR Financial Services, Inc. of Overland Park, Kansas and holds FINRA-approved Series 7, Series 63 Uniform State Law and Series 65 Uniform Investment Adviser Law certifications. Prior to his current position with FMG, Mr. Looney was vice president and CFO for Bethany College in Lindsborg, Kansas (1995 to 1999) and also served as vice president and CFO for St. John’s Military School in Salina, Kansas (1986 to1995). From the late 1980’s until January, 2001, Mr. Looney served, without compensation, as one of three trustees of the MBH Trust, one of the Horejsi Affiliates. Mr. Looney holds a B.S. from Marymount College and an MBA from Kansas State University. Based upon the foregoing, each Board selected Mr. Looney to serve as a Director of the Fund because of his financial, accounting and investment knowledge and experience and because of his substantial closed-end investment company experience, during which he has dealt skillfully with a broad range of complex issues with respect to the Funds. In addition, Mr. Looney’s past experience as a chief financial officer and his ongoing experience in the investment management industry uniquely qualifies him as a Director and, in particular, as chairman of the Audit Committee of each Fund and as a “financial expert” (as defined under the Securities and Exchange Commission's Regulation S-K, Item 407(d)).
2013-05-10	Joel W. Looney, Director and Chairman of the Board of BIF, BTF, DNY and FOFI. Mr. Looney joined the BIF Board in 2002, the BTF Board in 2001, the DNY Board in 2007, and the FOFI Board in 2003. ... Each Board has established four standing committees: an Audit Committee, a Nominating Committee (each as described above), a legal compliance committee and an executive committee (together, the “Committees”). ... The Lead Independent Director also serves as chairman of an executive committee, which is comprised of all of the Independent Directors of the applicable Fund (each, an “Executive Committee”). ... For the fiscal year ended November 30, 2012 ... Joel W. Looney, Director ... $132,000.
2014-10-22	Joel W. Looney, Director(2) $8,000 Total Compensation from the Fund and Fund Complex(1) Paid to Directors $33,500 Effective February 1, 2013, Mr. Looney became an Interested Director. The table reflects Mr. Looney’s compensation prior to February 1, 2013, when he served as an Independent Director.
2015-10-06	Joel W. Looney, Director and Chairman of the Board. Mr. Looney joined the Fund’s Board in 2002. ... The following table sets forth certain information regarding the compensation of the Directors. ... Joel W. Looney, Director, $0.
2016-10-04	Joel W. Looney, Director and Chairman of the Board. Mr. Looney joined the Fund’s Board in 2002. ... The following table sets forth certain information regarding the compensation of the Directors. ... Joel W. Looney, Director: $0 from Fund, $0 total from Fund and Fund Complex.
2017-10-10	Joel W. Looney Age: 55 Chairman and Class II Director Nominee If elected, term expires 2020; Director since 2002; Chairman since 2003. Joel W. Looney, Director Nominee $0
2018-06-06	The following officers or Directors of the Fund are officers, employees, directors, general partners or shareholders of RMA: Name: Joel W. Looney Title with the Fund: President Title with the Sub-Adviser or its Affiliates: President
2018-10-09	Joel W. Looney Age: 56 Chairman and Class II Director Nominee; President of the Fund Term expires 2020; Director since 2002; Chairman since 2003; President since 2018. Aggregate Compensation from Fund Paid to Directors Joel W. Looney, Director Nominee $0
2019-10-10	Joel W. Looney Birth Year: 1961 Chairman and Class II Director Nominee; President of the Fund Term expires 2020; Director since 2002; Chairman since 2003; President since 2018. Director and Officer Compensation. Joel W. Looney, Director $0.
2020-10-09	Joel W. Looney Birth Year: 1961 Chairman and Class II Director Nominee; President of the Fund If elected term expires 2023; Director since 2002; Chairman since 2003; President since 2018. Mr. Looney is the President of the Fund and the Chairman of the Board. He received $0 aggregate compensation from the Fund.
2021-10-08	Joel W. Looney is Chairman and Class II Director Nominee; President of the Fund. Term expires 2023; Director since 2002; Chairman since 2003; President since 2018. Mr. Looney joined the Fund’s Board in 2002 and serves as the Fund’s President (since February 2018). Mr. Looney also served on the boards of BTF, DNY and FOFI until these funds ceased operations as investment companies after the Reorganization. Since 2013, Mr. Looney has served as a portfolio manager for the Fund and as an assistant investment officer and portfolio manager for RMA. In this capacity Mr. Looney is jointly responsible for the day-to-day portfolio management of the Fund. He also manages a number of private client accounts. In June 2017, Mr. Looney succeeded Mr. Stephen C. Miller as the President of RMA and Manager of FAS. Mr. Looney also served as a portfolio manager of BTF, DNY and FOFI (2013 to March 2015). Mr. Looney sits on the board of directors of Peak Trust Company-AK (formerly Alaska Trust Company) (since 2013), Peak Trust Company-NV (since 2016), and formerly was a trustee of the Elevation ETF Trust (2017-2018). Prior to joining RMA in 2013, Mr. Looney was a registered representative with VSR Financial Services, Inc. of Overland Park, Kansas, a broker-dealer (2007 to 2013). From 1999 to 2013, he was a principal and partner with Financial Management Group, LLC, an investment management firm in Salina, Kansas (FMG). Prior to his position with FMG, Mr. Looney was vice president and CFO for Bethany College in Lindsborg, Kansas (1995 to 1999) and also served as vice president and CFO for St. John’s Military School in Salina, Kansas (1986 to 1995). From the late 1980s until January 2001, Mr. Looney served as one of three trustees of the Mildred B. Horejsi Trust, one of the Horejsi Affiliates (as defined below). Mr. Looney holds a B.S. from Marymount College and an MBA from Kansas State University. Mr. Looney is a CFP charterholder and also holds Series 63 Uniform State Law and Series 65 Uniform Investment Adviser Law certifications. The following table sets forth certain information regarding the compensation of the Directors. No persons (other than the Independent Directors, as set forth below) currently receive compensation from the Fund for acting as a Director or officer; however, Director and officers of the Fund may also be officers or employees of AAI (or an affiliate of AAI) or RMA and may receive compensation from such entities for acting in such capacities. Directors and executive officers of the Fund do not receive pension or retirement benefits from the Fund. In addition to the amounts stated below, Independent Directors receive reimbursement for travel and other out-of-pocket expenses incurred in connection with attending Board and Board committee meetings. Each Director of the Fund who is not a director, officer or employee of the Adviser, Sub-Adviser or an affiliate of the Adviser or Sub-Adviser, receives a fee of $10,000 per quarter plus $5,000 for each in-person meeting, $3,000 for each audit committee meeting, $1,000 for each nominating committee meeting and $1,000 for each telephonic meeting of the Board. The chairman of the Audit Committee receives an additional $3,000 per meeting and the Lead Independent Director receives an additional $3,125 for each regular quarterly meeting. The Board held seven (7) meetings, six (6) of which were held virtually by video conference during the fiscal year ended November 30, 2020. For purposes of determining Director remuneration, each virtual meeting held by video conference was treated as an in-person meeting. Each Director currently serving in such capacity for the entire fiscal year attended at least 75% of the meetings of the Directors of the Fund and any committee of which he is a member. The aggregate remuneration paid to the Directors of the Fund for acting as such during the fiscal year ended November 30, 2020 amounted to $246,500.
2022-01-25	Mr. Looney is the Chairman of the Board, President and Principal Executive Officer of the Fund.
2022-10-19	Joel W. Looney Birth Year: 1961 Chairman and Class II Director; President of the Fund Term expires 2023; Director since 2002; Chairman since 2003; President since 2018. Aggregate Compensation from Fund Paid to Directors Joel W. Looney, Director $0
2023-10-17	Joel W. Looney is Chairman and Class II Director; President of the Fund. If elected, term will expire 2026; Director since 2002; Chairman since 2003; President since 2018. Aggregate Compensation from Fund Paid to Directors: $0.
2024-10-15	President (since June 2017) and Chief Investment Officer (since 2022), Rocky Mountain Advisers, LLC.