JOHN BITZER, III - Corporate Board Profile

APPLIED DNA SCIENCES INC

Filing Date	Source Excerpt
2015-05-06	John Bitzer, III, joined the Board of Directors on August 10, 2011. Mr. Bitzer is President and Chief Executive Officer of ABARTA, Inc., a private, third and fourth generation family holding-company. The audit committee operates under a written charter approved by the Board of Directors. Messrs. Bitzer (Chairperson), Ryan and Shamash currently serve on the audit committee. The compensation committee is composed of John Bitzer, III, Yacov Shamash (Chairperson) and Charles Ryan. Messrs. Shamash (Chairperson), Bitzer and Simon currently serve on the nominating committee. During the fiscal year ended September 30, 2014, we did not provide any cash compensation to our non-employee directors for their service on our Board of Directors. On November 30, 2011, the Board approved the recommendation from the Compensation Committee that each of the non-employee directors shall annually receive, for as long as they are a member of the Board, a 5-year stock option, fully vested after one year, to purchase a number of shares of common stock having a fair value of $60,000 as determined using the Black Scholes value, or as determined by the Compensation Committee.
2016-04-21	John Bitzer, III, joined the Board of Directors on August 10, 2011. Mr. Bitzer is President and Chief Executive Officer of ABARTA, a private, third and fourth generation family holding-company with operations in the soft drink, energy, and frozen food industries. In 1985, Mr. Bitzer began his career in sales for the Cleveland Coca-Cola Bottling Company. He has been Publisher of Atlantic City Magazine in Atlantic City, N.J. In 1994, he founded the ABARTA Media Group and held the position of Group Publisher. In 1997, he was named President and Chief Operating Officer of ABARTA and has been President and Chief Executive Officer since 1999. Mr. Bitzer has a degree from the University of Southern California and a Masters of Business Administration (“MBA”) from the University of Michigan. Our Board believes that Mr. Bitzer’s professional and management experience in investing in and building growing enterprises make him an important contributor to the Board. Audit Committee Report: THE AUDIT COMMITTEE John Bitzer, III (Chairperson) ... The membership of each of the audit committee, the compensation committee, and the nominating committee is composed, and was composed during the fiscal year ended September 30, 2015, entirely of independent directors.
2017-01-26	John Bitzer, III, joined the Board of Directors on August 10, 2011. Mr. Bitzer is President and Chief Executive Officer of ABARTA, a private, third and fourth generation family holding-company with operations in the soft drink, energy, and frozen food industries. In 1985, Mr. Bitzer began his career in sales for the Cleveland Coca-Cola Bottling Company. He has been Publisher of Atlantic City Magazine in Atlantic City, N.J. In 1994, he founded the ABARTA Media Group and held the position of Group Publisher. In 1997, he was named President and Chief Operating Officer of ABARTA and has been President and Chief Executive Officer since 1999. Mr. Bitzer has a degree from the University of Southern California and a Masters of Business Administration (“MBA”) from the University of Michigan. Our Board believes that Mr. Bitzer’s professional and management experience in investing in and building growing enterprises make him an important contributor to the Board. The audit committee of the Board of Directors (the “audit committee”) operates under a written charter approved by the Board of Directors, which provides that its responsibilities include the oversight of the Company’s accounting and financial reporting processes and the audits of its financial statements and assisting the Board of Directors in monitoring the integrity of the Company’s financial statements, the qualifications and independence of the Company’s independent auditors, the performance of the Company’s internal audit function and independent auditors and the compliance by the Company with legal and regulatory requirements. For more information on the audit committee, see “Management and Corporate Governance—Board of Directors Structure and Committee Composition—Audit Committee.” The audit committee held five formal meetings during fiscal 2016. The audit committee membership and the responsibilities of each of the committees during the fiscal year ended September 30, 2016 are described below. John Bitzer, III (Chairperson) served on the audit committee. The compensation committee reviews and approves salaries and bonuses for all officers, administers options outstanding under our stock incentive plan, provides advice and recommendations to the Board regarding directors’ compensation and carries out the responsibilities required by SEC rules. The compensation committee held three formal meetings during fiscal 2016. The nominating committee is responsible for reviewing Board composition, procedures and committees, and making recommendations on these matters to the Board of Directors; and reviewing, soliciting and making recommendations to the Board of Directors and stockholders with respect to candidates for election to the Board. John Bitzer, III served on the nominating committee. During the fiscal year ended September 30, 2016, the Board of Directors approved stock option awards to non-employee directors including Mr. Bitzer with a total value of $85,004.
2018-01-16	John Bitzer, III, joined the Board of Directors on August 10, 2011. Mr. Bitzer is President and Chief Executive Officer of ABARTA... The audit committee of the Board of Directors (the “audit committee”) operates under a written charter approved by the Board of Directors... THE AUDIT COMMITTEE John Bitzer, III (Chairperson)
2019-04-04	John Bitzer, III, joined the Board of Directors on August 10, 2011. Mr. Bitzer is President and Chief Executive Officer of ABARTA, a private, third and fourth generation family holding-company ... Mr. Bitzer’s experience as an executive officer and director of several private companies and organizations led the Board of Directors to conclude that he should serve as a director of the Company. ... Audit Committee ... Messrs. Bitzer (Chairperson), Ryan and Shamash served during the fiscal year ended September 30, 2018, and currently continue to serve, on the audit committee. ... Director Compensation: Fiscal 2018 ... John Bitzer, III ... Option Awards ($) 81,304 ... Total ($) 81,304.
2019-10-08	John Bitzer, III
2020-08-03	John Bitzer, III, joined the Board of Directors on August 10, 2011. ... Mr. Bitzer's experience as an executive officer and director of several private companies and organizations led the Board of Directors to conclude that he should serve as a director of the Company. ... The audit committee of the Board of Directors ... John Bitzer, III (Chairperson) ... The compensation committee ... Messrs. Bitzer, Ceccoli, and Shamash ... The nominating committee ... Messrs. Shamash (Chairperson), Bitzer and Simon ...
2021-08-03	John Bitzer, III, joined the Board of Directors on August 10, 2011. ... Mr. Bitzer’s experience as an executive officer and director of several private companies and organizations led the Board of Directors to conclude that he should serve as a director of the Company. ... The audit committee of the Board of Directors (the “audit committee”) operates under a written charter approved by the Board of Directors. ... John Bitzer, III (Chairperson) ... Messrs. Bitzer (Chairperson), Ceccoli and Shamash served during the fiscal year ended September 30, 2020, and currently continue to serve, on the audit committee. ... The membership of each of the audit committee, the compensation committee, and the nominating committee is composed, and was composed during the fiscal year ended September 30, 2020, entirely of independent directors. ... On May 22, 2020, an option to purchase 12,598 shares of our common stock was granted to Mr. Bitzer. ... Director Compensation: Fiscal 2020 ... Mr. Bitzer received an option to purchase 12,598 shares of our common stock on May 22, 2020 at an exercise price of $11.04 per share. ... Mr. Bitzer's total compensation was $125,000.