Corporate Board Profile
Tech Score: 0/100
| Filing Date | Source Excerpt |
|---|---|
| 2002-01-03 | John C. Love -- Dr. Love was appointed to the Board in 1998. He is an independent consultant to the hospitality and tourism industries and was formerly a general partner in the national CPA and consulting firm of Pannell Kerr Forster. He is Chairman Emeritus of the Board of Trustees of Golden Gate University in San Francisco. Dr. Love is also a Director of Santa Fe and Portsmouth. The Company's Nominating Committee selects nominees for election or re-election of directors and officers. The Committee is chaired by Mr. Love. The Company's Audit Committee is comprised of Messrs. Nance (Chairperson) and Love, each of who are independent directors (as independence is defined in Rule 4200(a)(15) of the National Association of Securities Dealers' ("NASD") listing standards, as applicable and as may be modified or supplemented. Each of these directors also meets the financial management expertise test. |
| 2003-02-03 | John C. Love -- Dr. Love was appointed to the Board in 1998. He is an independent consultant to the hospitality and tourism industries and was formerly a general partner in the national CPA and consulting firm of Pannell Kerr Forster. He is Chairman Emeritus of the Board of Trustees of Golden Gate University in San Francisco. Dr. Love is also a Director of Santa Fe and Portsmouth. The Company is a Small Business Filer under SEC rules. The Company's Audit Committee is comprised of Messrs. Nance (Chairperson) and Love, each of who meet the independence requirements of the Securities and Exchange Commission and the National Association of Securities Dealers' ("NASD") Manual as modified or supplemented from time to time. Each of these directors also meets the financial management expertise test as defined by the Securities and Exchange Commission. The primary function of the Audit Committee is to assist the Board of Directors in fulfilling its responsibility of overseeing management's conduct of the financial reporting process, the annual independent audit of the Company's financial statements, reviewing the financial reports provided by the Company to any governmental body or the public; the Company's system of internal controls regarding finance, accounting, legal compliance and ethics that management and the Board have established; and the Company's auditing, accounting and financial processes generally. The Audit Committee held five meetings during the 2002 Fiscal Year. |
| 2004-01-29 | John C. Love -- Dr. Love was appointed to the Board in 1998. He is an independent consultant to the hospitality and tourism industries and was formerly a general partner in the national CPA and consulting firm of Pannell Kerr Forster. He is Chairman Emeritus of the Board of Trustees of Golden Gate University in San Francisco. Dr. Love is also a Director of Santa Fe and Portsmouth. Pursuant to the Plan, the following non-employee directors of the Company were granted options during fiscal 2003 to purchase 3,000 shares each of the Common Stock of the Company: Josef A. Grunwald; William J. Nance; Mildred Bond Roxborough; Gary N. Jacobs; and John C. Love. The exercise price for the options is $11.23 per share, which was the closing price (adjusted for stock split) of the Company's Common Stock on the Nasdaq National Market System as of the date of grant on July 1, 2002. Each director is paid a fee of $1,500 per quarter for a total annual compensation of $6,000. The Chairman of the Board of Directors is eligible to receive $9,000 per annum. Directors also are eligible to receive $500 for each committee meeting attended and $600 for each committee meeting chaired. Members of the Audit Committee receive a fee of $500 per quarter. Directors who are also Executive Officers do not receive any fee for attending Board or Committee meetings. As an Executive Officer, the Company's Chairman has also elected to forego his annual board fee. |
| 2005-01-31 | John C. Love -- Mr. Love was appointed to the Board in 1998. Mr. Love is an international hospitality and tourism consultant and a hotel broker. He was formerly a partner in the national CPA and consulting firm of Pannell Kerr Forster. He is Chairman Emeritus of the Board of Trustees of Golden Gate University in San Francisco. Mr. Love is also a Director of Santa Fe and Portsmouth. |
| 2006-01-30 | John C. Love Director 65 Fiscal 2005 Annual Meeting (3)(4) John C. Love -- Mr. Love was appointed to the Board in 1998. Mr. Love is an international hospitality and tourism consultant and a hotel broker. He was formerly a partner in the national CPA and consulting firm of Pannell Kerr Forster. He is Chairman Emeritus of the Board of Trustees of Golden Gate University in San Francisco. Mr. Love is also a Director of Santa Fe and Portsmouth. |
| 2007-01-26 | John C. Love -- Mr. Love was appointed to the Board in 1998. Mr. Love is an international hospitality and tourism consultant and a hotel broker. He was formerly a partner in the national CPA and consulting firm of Pannell Kerr Forster. He is Chairman Emeritus of the Board of Trustees of Golden Gate University in San Francisco. Compensation of Directors Until December 31, 2006, each director was paid a fee of $1,500 per quarter for a total annual compensation of $6,000. Directors were also eligible to receive $500 for each committee meeting attended and $600 for each committee meeting chaired. Members of the Audit Committee also received a fee of $500 per quarter. Directors who are also Executive Officers did not receive any fee for attending Board or Committee meetings. |
| 2008-01-28 | John C. Love -- Mr. Love was appointed to the Board in 1998. Mr. Love is an international hospitality and tourism consultant and a hotel broker. He was formerly a partner in the national CPA and consulting firm of Pannell Kerr Forster. He is Chairman Emeritus of the Board of Trustees of Golden Gate University in San Francisco. Mr. Love is also a Director of Santa Fe and Portsmouth. DIRECTOR COMPENSATION Fees Earned or Paid Stock All Other Name in Cash(1) Awards(2) Compensation Total ----------------- --------- ---------- ------------ ------- John C. Love $84,500(4) $10,944 - $95,444 (4) Mr. Love also serves as a director of the Company's subsidiaries, Santa Fe and Portsmouth. Amounts shown include $8,000 in regular board and audit committee fees paid by Santa Fe and $8,000 in regular board and audit committee fees paid by Portsmouth. These amounts also include $54,000 in special hotel committee monthly fees and meeting fees paid to Mr. Love by Portsmouth related to active oversight of the operations, renovations and repositioning of its Hotel asset. (1) Amounts shown include board retainer fees, committee fees and meeting fees. (2) Amounts shown reflect value of 600 shares of Common Stock awarded pursuant to the 2007 Stock Compensation Plan for Non-Employee Directors based on closing price of the Company's Common Stock of $18.24 on June 29, 2007. |
| 2009-01-21 | John C. Love -- Mr. Love was appointed to the Board in 1998. Mr. Love is an international hospitality and tourism consultant and a hotel broker. He was formerly a partner in the national CPA and consulting firm of Pannell Kerr Forster. He is Chairman Emeritus of the Board of Trustees of Golden Gate University in San Francisco. Mr. Love is also a Director of Santa Fe and Portsmouth. The Company's Audit Committee is currently comprised of three members: Directors Nance (Chairperson), Grunwald and Love, each of who meet the independence requirements of the SEC and NASDAQ as modified or supplemented from time to time. DIRECTOR COMPENSATION John C. Love $66,000(4) $18,000 - $84,000 (4) Mr. Love also serves as a director of the Company's subsidiaries, Santa Fe and Portsmouth. Amounts shown include $8,000 in regular board and audit committee fees paid by Santa Fe and $8,000 in regular board and audit committee fees paid by Portsmouth. These amounts also include $30,000 in special hotel committee fees paid by Portsmouth related to the oversight its Hotel asset. |
| 2010-01-27 | John C. Love -- Mr. Love was appointed to the Board in 1998. Mr. Love is an international hospitality and tourism consultant and a hotel broker. He was formerly a partner in the national CPA and consulting firm of Pannell Kerr Forster. He is Chairman Emeritus of the Board of Trustees of Golden Gate University in San Francisco. Mr. Love is also a Director of Santa Fe and Portsmouth. The following table sets forth the compensation paid to directors for the fiscal year ended June 30, 2009. John C. Love $66,000(4) $18,000(9) - $84,000 (4) Mr. Love also serves as a director of the Company's subsidiaries, Santa Fe and Portsmouth. Amounts shown include $8,000 in regular board and audit committee fees paid by Santa Fe and $8,000 in regular board and audit committee fees paid by Portsmouth. These amounts also include $30,000 in special hotel committee fees paid by Portsmouth related to the oversight of its Hotel asset. |
| 2011-01-25 | John C. Love -- Mr. Love was appointed to the Board in 1998. Mr. Love is an international hospitality and tourism consultant. He is a retired partner in the national CPA and consulting firm of Pannell Kerr Forster and, for the last 30 years, a lecturer in hospitality industry management control systems and competition & strategy at Golden Gate University and San Francisco State University. He is Chairman Emeritus of the Board of Trustees of Golden Gate University and the Executive Secretary of the Hotel and Restaurant Foundation. Mr. Love is also a Director of Santa Fe and Portsmouth. Mr. Love's extensive experience as a CPA and in the hospitality industry, including teaching at the university level for the last 30 years in management control systems, and his knowledge and understanding of finance and financial reporting, led to the Board's conclusion that he should serve as a director of the Company. The following table sets forth the compensation paid to directors for the fiscal year ended June 30, 2010: John C. Love $66,000(3) $36,053(8) - $102,053 (8) Dollar amounts shown reflect the following: fair market value of $18,000 for 1,501 shares of common stock issued on July 1, 2009 pursuant to the Company's 2007 Stock Plan; fair market value of $8,498 for 969 shares of common stock issued on August 19, 2009 upon the vesting of 969 RSUs issued pursuant to the 2008 RSU Plan; and fair market value of $9,555 for 955 shares of common stock issued on January 7, 2010 upon the vesting of 955 RSUs issued pursuant to the 2008 RSU Plan. As of June 30, 2010, Mr. Love also had an aggregate of 14,400 vested stock options outstanding and 641 RSUs that did not vest until October 1, 2010. |
| 2012-01-24 | John C. Love — Mr. Love was appointed to the Board in 1998. Mr. Love is an international hospitality and tourism consultant. He is a retired partner in the national CPA and consulting firm of Pannell Kerr Forster and, for the last 30 years, a lecturer in hospitality industry management control systems and competition & strategy at Golden Gate University and San Francisco State University. He is Chairman Emeritus of the Board of Trustees of Golden Gate University and the Executive Secretary of the Hotel and Restaurant Foundation. Mr. Love is also a Director of Santa Fe and Portsmouth. Mr. Love’s extensive experience as a CPA and in the hospitality industry, including teaching at the university level for the last 30 years in management control systems, and his knowledge and understanding of finance and financial reporting, led to the Board’s conclusion that he should serve as a director of the Company. The Company’s Audit Committee is currently comprised of three members: Directors Nance (Chairperson), Grunwald and Love. The Audit Committee held six meetings during the 2011 Fiscal Year. For the fiscal year ended June 30, 2011, the four non-employee directors of the Company, Josef A. Grunwald, Gary N. Jacobs, John C. Love and William J. Nance, each received a grant of 1,179 shares of Common Stock pursuant to the 2007 Stock Plan. The following table sets forth the compensation paid to directors for the fiscal year ended June 30, 2011: John C. Love Fees Earned or Paid in Cash $62,000, Stock Awards $29,179, Total $91,179. |
| 2013-01-22 | John C. Love -- Mr. Love was appointed to the Board in 1998. Mr. Love is an international hospitality and tourism consultant. He is a retired partner in the national CPA and consulting firm of Pannell Kerr Forster and, for the last 31 years, a lecturer in hospitality industry management control systems and competition & strategy at Golden Gate University and San Francisco State University. He is Chairman Emeritus of the Board of Trustees of Golden Gate University and the Executive Secretary of the Hotel and Restaurant Foundation. Mr. Love is also a Director of Santa Fe and Portsmouth. Mr. Love’s extensive experience as a CPA and in the hospitality industry, including teaching at the university level for the last 31 years in management control systems, and his knowledge and understanding of finance and financial reporting, led to the Board’s conclusion that he should serve as a director of the Company. The following table sets forth the compensation paid to directors for the fiscal year ended June 30, 2012: John C. Love $62,000 in fees and $53,598 in stock awards, total $115,598. |
| 2014-01-27 | John C. Love — Mr. Love was appointed to the Board in 1998. Mr. Love is an international hospitality and tourism consultant. He is a retired partner in the national CPA and consulting firm of Pannell Kerr Forster and, for the last 31 years, a lecturer in hospitality industry management control systems and competition & strategy at Golden Gate University and San Francisco State University. He is Chairman Emeritus of the Board of Trustees of Golden Gate University and the Executive Secretary of the Hotel and Restaurant Foundation. Mr. Love is also a Director of Santa Fe and Portsmouth. Mr. Love’s extensive experience as a CPA and in the hospitality industry, including teaching at the university level for the last 31 years in management control systems, and his knowledge and understanding of finance and financial reporting, led to the Board’s conclusion that he should serve as a director of the Company. |
| 2015-01-20 | John C. Love -- Mr. Love was appointed to the Board in 1998. Mr. Love is an international hospitality and tourism consultant. He is a retired partner in the national CPA and consulting firm of Pannell Kerr Forster and, for the last 30 years, a lecturer in hospitality industry management control systems and competition & strategy at Golden Gate University and San Francisco State University. He is Chairman Emeritus of the Board of Trustees of Golden Gate University and the Executive Secretary of the Hotel and Restaurant Foundation. Mr. Love is also a Director of Santa Fe and Portsmouth. Mr. Love’s extensive experience as a CPA and in the hospitality industry, including teaching at the university level for the last 30 years in management control systems, and his knowledge and understanding of finance and financial reporting, led to the Board’s conclusion that he should serve as a director of the Company. The following table sets forth the compensation paid to directors for the fiscal year ended June 30, 2014: John C. Love: $196,000. |
| 2016-01-15 | John C. Love -- Mr. Love was appointed to the Board in 1998. Mr. Love is an international hospitality and tourism consultant. ... The Audit Committee is currently comprised of three members: Mr. Nance (Chairperson), Mr. Love and Mr. Babin, each of whom meet the independence requirements of the SEC and NASDAQ. ... The following table sets forth the compensation paid to directors for the fiscal year ended June 30, 2015: ... John C. Love, $100,000 total compensation. |
| 2017-01-30 | John C. Love — Mr. Love was appointed to the Board in 1998. Mr. Love is an international hospitality and tourism consultant. He is a retired partner in the national CPA and consulting firm of Pannell Kerr Forster and, for the last 30 years, a lecturer in hospitality industry management control systems and competition and strategy at Golden Gate University and San Francisco State University. He is Chairman Emeritus of the Board of Trustees of Golden Gate University and the Executive Secretary of the Hotel and Restaurant Foundation. Mr. Love is also a director of Santa Fe and Portsmouth. Mr. Love’s extensive experience as a CPA and in the hospitality industry, including teaching at the university level for the last 30 years in management control systems, and his knowledge and understanding of finance and financial reporting, led to the Board’s conclusion that he should serve as a director of the Company. The following table sets forth the compensation paid to directors for the fiscal year ended June 30, 2016: John C. Love $74,000 cash + $26,000 stock awards = $100,000 total. |
| 2018-01-26 | John C. Love — Mr. Love was appointed to the Board in 1998. Mr. Love is an international hospitality and tourism consultant. ... Mr. Love is also a director of Santa Fe and Portsmouth. ... The Company’s Administrative and Compensation Committee (the “Compensation Committee”) ... Mr. Love was a member of the Compensation Committee during fiscal year 2017. ... The Company’s Audit Committee is currently comprised of three members: Mr. Nance (Chairperson), Mr. Love and Mr. Babin. ... The following table sets forth the compensation paid to directors for the fiscal year ended June 30, 2017: John C. Love $52,000. |
| 2019-01-15 | John C. Love — Mr. Love was appointed to the Board in 1998. Mr. Love is an international hospitality and tourism consultant. ... The Company’s Audit Committee is currently comprised of three members: Mr. Nance (Chairperson), Mr. Love and Mr. Babin. ... DIRECTOR COMPENSATION ... John C. Love $54,000 ... Amounts shown include board retainer fees, committee fees and meeting fees. |
| 2020-01-28 | John C. Love -- Mr. Love was appointed to the Board in 1998. ... Mr. Love also served as a director of the Company’s subsidiaries, Santa Fe and Portsmouth. ... The Company’s Audit Committee is currently comprised of three members: Mr. Nance (Chairperson), Mr. Love and Mr. Babin, each of whom meets the independence requirements of the SEC and NASDAQ. ... The following table sets forth the compensation paid to directors for the fiscal year ended June 30, 2019: John C. Love $54,000. |
| 2021-04-13 | John C. Love – Mr. Love was appointed to the Board in 1998. ... Mr. Love also serves as a director of Portsmouth. ... The Company’s Audit Committee is currently comprised of three members: Mr. Nance (Chairperson), Mr. Love and Mr. Babin, each of whom meets the independence requirements of the SEC and NASDAQ. ... John C. Love $50,000 ... Amounts shown include $4,000 in regular board and audit committee fees paid by Santa Fe and $8,000 in regular board and audit committee fees paid by Portsmouth. |
| 2022-04-13 | John C. Love was appointed to the Board in 1998. Mr. Love is an international hospitality and tourism consultant. He is a retired partner in the national CPA and consulting firm of Pannell Kerr Forster and, for the last 30 years, a lecturer in hospitality management at Golden Gate University and San Francisco State University. He is Chairman Emeritus of the Board of Trustees of Golden Gate University and the Honorary Director of the Hotel and Restaurant Foundation. Mr. Love is also a director of Portsmouth. Mr. Love’s extensive experience as a CPA and in the hospitality industry, including teaching at the university level for the last 30 years in management control systems, and his knowledge and understanding of finance and financial reporting, led to the Board’s conclusion that he should serve as a director of the Company. (1) Member of the Nominating Committee (2) Member of the Compensation Committee (3) Member of the Audit Committee. The following table sets forth the compensation paid to directors for the fiscal year ended June 30, 2021: John C. Love $46,000. |
| 2023-04-26 | John C. Love Director Age 83 Member of the Nominating Committee Member of the Compensation Committee Member of the Audit Committee |
| 2024-04-17 | John C. Love – Mr. Love was appointed to the Board in 1998. Mr. Love is an international hospitality and tourism consultant. He is a retired partner in the national CPA and consulting firm of Pannell Kerr Forster and, for the last 30 years, a lecturer in hospitality management at Golden Gate University and San Francisco State University. He is Chairman Emeritus of the Board of Trustees of Golden Gate University and the Honorary Director of the Hotel and Restaurant Foundation. Mr. Love is also a director of Portsmouth. Mr. Love’s extensive experience as a CPA and in the hospitality industry, including teaching at the university level for the last 30 years in management control systems, and his knowledge and understanding of finance and financial reporting, led to the Board’s conclusion that he should serve as a director of the Company. |
| 2025-04-08 | Mr. Love is an international hospitality and tourism consultant. |
| Filing Date | Source Excerpt |
|---|---|
| 2002-01-03 | John C. Love - Mr. Love was appointed a Director of the Company on March 5, 1998. Mr. Love is an international hospitality and tourism consultant based in Orinda, California. He was formerly a partner in the national CPA and consulting firm of Pannel Kerr and Forster. Mr. Love has extensive experience in hotel development, acquisition and development. He is Chairman Emeritus of Golden Gate University in San Francisco. Mr. Love is also a Director of Santa Fe, having first been appointed on March 2, 1999 and a Director of InterGroup, having first been appointed in January 1998. |
| 2003-02-03 | John C. Love - Mr. Love was appointed a Director of the Company on March 5, 1998. Mr. Love is an international hospitality and tourism consultant based in Orinda, California. He was formerly a partner in the national CPA and consulting firm of Pannel Kerr and Forster. Mr. Love has extensive experience in hotel development, acquisition and development. He is Chairman Emeritus of Golden Gate University in San Francisco. Mr. Love is also a Director of Santa Fe, having first been appointed on March 2, 1999 and a Director of InterGroup, having first been appointed in January 1998. |
| 2004-01-27 | John C. Love 63 Director 1998 The Committee consists of all of the Directors of the Company, John V. Winfield (Chair), John C. Love and William J. Nance. The Company's Audit Committee is currently comprised of Messrs. Nance (Chairperson) and Love, each of whom are independent directors as independence is defined by the applicable rules of the SEC and the NASD, and as may be modified or supplemented. DIRECTOR COMPENSATION Each director is paid a fee of $1,500 per quarter for a total annual compensation of $6,000. Members of the Company's Audit Committee also receive a fee of $500 per quarter. |
| 2005-01-27 | John C. Love -- Mr. Love was appointed a Director of the Company on March 5, 1998. Mr. Love is an international hospitality and tourism consultant based in Orinda, California. He is a retired partner in the national CPA and consulting firm of Pannel Kerr and Forster. Mr. Love has extensive experience in hotel development, acquisition and development. He is Chairman Emeritus of Golden Gate University in San Francisco. Mr. Love is also a Director of Santa Fe, having first been appointed on March 2, 1999 and a Director of InterGroup, having first been appointed in January 1998. BOARD AND COMMITTEE INFORMATION On March 17, 1998, the Company established a Securities Investment Committee to establish guidelines and to review the Company's investment policies. The Committee consists of all of the Directors of the Company, John V. Winfield (Chair), John C. Love and William J. Nance. Portsmouth is an unlisted company and small business issuer under SEC rules. The Company's Audit Committee is currently comprised of Messrs. Nance (Chairperson) and Love, each of whom are independent directors as independence is defined by the applicable rules of the SEC and the NASD, and as may be modified or supplemented. Each of these directors also meets the audit committee financial expert test. The bylaws of Portsmouth permit directors to be paid a fixed sum for attendance at each meeting of the Board or a stated salary as director. Each director is paid a fee of $1,500 per quarter for a total annual compensation of $6,000. This policy has been in effect since July 1, 1985. Members of the Company's Audit Committee also receive a fee of $500 per quarter. |
| 2007-01-26 | John C. Love -- Mr. Love was appointed a Director of the Company on March 5, 1998. ... The Company has established two standing committees, a Securities Investment Committee and an Audit Committee. ... The Securities Investment Committee consists of all of the Directors of the Company, John V. Winfield (Chair), John C. Love and William J. Nance. ... The Company's Audit Committee is currently comprised of Messrs. Nance (Chairperson) and Love, each of whom are independent directors ... Members of the Company's Audit Committee also receive a fee of $500 per quarter. ... The bylaws of Portsmouth permit directors to be paid a fixed sum for attendance at each meeting of the Board or a stated salary as director. Each director is paid a fee of $1,500 per quarter for a total annual compensation of $6,000. |
| 2008-01-28 | John C. Love 67 Director 1998 0(4) 0.0% DIRECTOR COMPENSATION TABLE Fees Earned or Paid All Other Name in Cash Compensation Total ----------------- ----------- ------------ ------- John C. Love $62,000(1) - $62,000 (1) Amounts shown include regular Board fees, Audit Committee Fees and Special Hotel Committee monthly fees and meeting fees. On February 26, 2004, the Board of Directors established a Special Hotel Committee to actively oversee the Company's interests in Justice Investors and the repositioning and operations of the Hotel asset. The members of the Special Committee are Directors John C. Love (Chair), William J. Nance and the Company's Vice President, Secretary and General Counsel, Michael G. Zybala. |
| 2009-01-21 | John C. Love -- Mr. Love was appointed a Director of the Company on March 5, 1998. Mr. Love is an international hospitality and tourism consultant and a hotel broker. He is a retired partner in the national CPA and consulting firm of Pannell Kerr Forster. Mr. Love has extensive experience in hotel development, acquisition and development. He is Chairman Emeritus of Golden Gate University in San Francisco. Mr. Love is also a Director of Santa Fe, having first been appointed on March 2, 1999 and a Director of InterGroup, having first been appointed in January 1998. Director Compensation Table John C. Love $38,000(1) - $38,000 (1) Amounts shown include regular Board fees, Audit Committee fees and Hotel Committee fees. Audit Committee. Portsmouth is an unlisted company and Smaller Reporting Company under SEC rules. The Company's Audit Committee is currently comprised of Messrs. Nance (Chairperson) and Love, each of whom are independent directors as independence is defined by the applicable rules of the SEC and the NASD, and as may be modified or supplemented. Each of these directors also meets the audit committee financial expert test. Hotel Committee. On February 26, 2004, the Board of Directors established a Hotel Committee to actively oversee the Company's interests in Justice Investors and the repositioning and operations of the Hotel asset. The members of the Special Committee are Directors John C. Love (Chair), William J. Nance and the Company's Vice President, Secretary and General Counsel, Michael G. Zybala. Securities Investment Committee. On March 17, 1998, the Company established a Securities Investment Committee to establish guidelines and to review the Company's investment policies. The Committee consists of all of the Directors of the Company, John V. Winfield (Chair), John C. Love and William J. Nance. |
| 2010-01-27 | John C. Love -- Mr. Love was appointed a Director of the Company on March 5, 1998. Mr. Love is an international hospitality and tourism consultant and a hotel broker. He is a retired partner in the national CPA and consulting firm of Pannell Kerr Forster. Mr. Love has extensive experience in hotel development, acquisition and development. He is Chairman Emeritus of Golden Gate University in San Francisco. Mr. Love is also a Director of Santa Fe, having first been appointed on March 2, 1999 and a Director of InterGroup, having first been appointed in January 1998. |
| 2011-01-25 | John C. Love -- Mr. Love was appointed a Director of the Company on March 5, 1998. Mr. Love is an international hospitality and tourism consultant. He is a retired partner in the national CPA and consulting firm of Pannell Kerr Forster and, for the last 30 years, a lecturer in hospitality industry management control systems and competition & strategy at Golden Gate University and San Francisco State University. He is Chairman Emeritus of the Board of Trustees of Golden Gate University and the Executive Secretary of the Hotel and Restaurant Foundation. Mr. Love is also a Director of Santa Fe, having been appointed in March 2, 1999 and a Director of InterGroup, having been appointed in January 1998. Mr. Love's extensive experience as a CPA and in the hospitality industry, including teaching at the university level for the last 30 years in management control systems, and his knowledge and understanding of finance and financial reporting, led to the Board's conclusion that he should serve as a director of the Company. The Audit Committee is currently comprised of Messrs. Nance (Chairperson) and Love, each of whom are independent directors as independence is defined by the applicable rules and regulations of the SEC, and as may be modified or supplemented. Each of these directors also meets the audit committee financial expert test. The members of the Special Committee are Directors John C. Love (Chair), William J. Nance and the Company's Vice President, Secretary and General Counsel, Michael G. Zybala. The Securities Investment Committee consists of all of the Directors of the Company, John V. Winfield (Chair), John C. Love and William J. Nance. Director compensation table shows fees earned of $38,000 for fiscal year 2010. |
| 2012-01-23 | John C. Love was appointed a Director of the Company on March 5, 1998. ... The Audit Committee is currently comprised of Messrs. Nance (Chairperson) and Love, each of whom are independent directors. ... Hotel Committee members are Directors John C. Love (Chair), William J. Nance and the Company’s Vice President, Secretary and General Counsel, Michael G. Zybala. ... Securities Investment Committee consists of all of the Directors of the Company, John V. Winfield (Chair), John C. Love and William J. Nance. ... DIRECTOR COMPENSATION TABLE ... John C. Love $38,000 fees earned or paid in cash, total $38,000. |
| 2013-01-22 | John C. Love was appointed a Director of the Company on March 5, 1998. ... Portsmouth has established three committees, an Audit Committee, a Hotel Committee and a Securities Investment Committee. ... The Audit Committee is currently comprised of Messrs. Nance (Chairperson) and Love, each of whom are independent directors ... The members of the Special Committee are Directors John C. Love (Chair), William J. Nance and the Company’s Vice President, Secretary and General Counsel, Michael G. Zybala. ... The Committee consists of all of the Directors of the Company, John V. Winfield (Chair), John C. Love and William J. Nance. ... Each director of the Company is paid a Board retainer fee of $1,500 per quarter for a total annual compensation of $6,000. Members of the Company’s Audit Committee also receive a fee of $500 per quarter. Directors and Committee members are also reimbursed for their out-of-pocket travel costs to attend meetings. ... For fiscal year ended June 30, 2012 each of the Committee members, who are directors, received monthly fees of $2,500. ... John C. Love $38,000 total compensation. |
| 2014-01-27 | John C. Love was appointed a Director of the Company on March 5, 1998. He is a Director of Santa Fe and InterGroup. He serves on the Audit Committee, is Chair of the Hotel Committee, and is on the Securities Investment Committee. The Director Compensation Table shows total compensation of $38,000 for fiscal year 2013. |
| 2015-01-22 | John C. Love was appointed a Director of the Company on March 5, 1998. He is Chairman Emeritus of the Board of Trustees of Golden Gate University. The Audit Committee is currently comprised of Messrs. Nance (Chairperson) and Love. The Hotel Committee members are Directors John C. Love (Chair), William J. Nance and Jerold R. Babin. The Securities Investment Committee consists of all of the Directors of the Company, John V. Winfield (Chair), John C. Love and William J. Nance. The following table provides information concerning compensation awarded to, earned by, or paid to the Company’s directors for the fiscal year ended June 30, 2014. John C. Love received $94,000 in total fees. |
| 2016-01-19 | John C. Love -- Mr. Love was appointed a director of the Company on March 5, 1998. ... The Audit Committee is currently comprised of Messrs. Nance (Chairperson) and Love, each of whom are independent directors ... The members of the Hotel Committee are Directors John C. Love (Chair), William J. Nance and Jerold R. Babin. ... The Securities Investment Committee consists of all of the directors of the Company, John V. Winfield (Chair), John C. Love and William J. Nance. ... DIRECTOR COMPENSATION TABLE ... John C. Love ... $50,000 ... |
| 2017-01-30 | John C. Love — Mr. Love was appointed a director of the Company on March 5, 1998. ... The members of the Hotel Committee are Directors John C. Love (Chair), William J. Nance and Jerold R. Babin. ... Portsmouth’s Audit Committee is currently comprised of members Nance (Chairperson) and Love, each of whom are independent directors ... The members of the Securities Investment Committee consists of all of the directors of the Company, John V. Winfield (Chair), John C. Love and William J. Nance. ... The following table provides information concerning compensation awarded to, earned by, or paid to the Company’s directors for the fiscal year ended June 30, 2016. ... John C. Love ... $50,000 ... Mr. Love received regular Board fees, Audit Committee fees and Hotel Committee fees. |
| 2018-01-26 | Mr. Love was appointed a director of the Company on March 5, 1998. Mr. Love is an international hospitality and tourism consultant. He is a retired partner in the national CPA and consulting firm of Pannell Kerr Forster and, for the last 30 years, a lecturer in hospitality industry management control systems and competition & strategy at Golden Gate University and San Francisco State University. He is Chairman Emeritus of the Board of Trustees of Golden Gate University and the Honorary Director of the Hotel and Restaurant Foundation. Mr. Love is also a director of Santa Fe, having been appointed March 1999 and a director of InterGroup, having been appointed in January 1998. Mr. Love’s extensive experience as a Certified Public Accountant ("CPA") and in the hospitality industry, including teaching at the university level for the last 30 years in management control systems, and his knowledge and understanding of finance and financial reporting, led to the Board’s conclusion that he should serve as a director of the Company. The Audit Committee is currently comprised of members Nance (Chairperson) and Love, each of whom are independent directors in accordance with Rule 10A-3 of the Securities Exchange Act of 1934, as amended (the “Exchange Act”). Each of these directors also meets the audit committee financial expert test based on their qualifications and business experience discussed above. The Securities Investment Committee consists of all of the directors of the Company, John V. Winfield (Chair), John C. Love and William J. Nance. On February 26, 2004, the Board of Directors established a Hotel Committee to actively oversee the Company’s interests in Justice and the repositioning and operations of the Hotel. The members of the Hotel Committee were directors John C. Love (Chair), William J. Nance and Jerold R. Babin. Mr. Love and Mr. Nance each received $3,500 per month and Mr. Babin $500 per month for serving on the Hotel Committee. In June 2016, the Hotel Committee was terminated. The following table provides information concerning compensation awarded to, earned by, or paid to the Company’s directors for the fiscal year ended June 30, 2017. John C. Love $8,000. |
| 2019-01-15 | Mr. Love was appointed a director of the Company on March 5, 1998. Mr. Love is an international hospitality and tourism consultant. He is a retired partner in the national CPA and consulting firm of Pannell Kerr Forster and, for the last 30 years, a lecturer in hospitality industry management control systems and competition & strategy at Golden Gate University and San Francisco State University. He is Chairman Emeritus of the Board of Trustees of Golden Gate University and the Honorary Director of the Hotel and Restaurant Foundation. Mr. Love is also a director of Santa Fe, having been appointed March 1999 and a director of InterGroup, having been appointed in January 1998. Mr. Love’s extensive experience as a Certified Public Accountant ("CPA") and in the hospitality industry, including teaching at the university level for the last 30 years in management control systems, and his knowledge and understanding of finance and financial reporting, led to the Board’s conclusion that he should serve as a director of the Company. Audit Committee: Mr. Love is a member of the Audit Committee. DIRECTOR COMPENSATION TABLE: John C. Love Fees Earned or Paid in Cash $8,000, which includes regular Board fees and Audit Committee fees. |
| 2020-01-17 | John C. Love was appointed a director of the Company on March 5, 1998. ... The Audit Committee is currently comprised of members Nance (Chairperson) and Love, each of whom are independent directors per Rule 10A-3 of the Securities Exchange Act of 1934, as amended (the “Exchange Act”). ... The following table provides information concerning compensation awarded to, earned by, or paid to the Company’s directors for the fiscal year ended June 30, 2019. ... John C. Love $8,000 ... Amounts shown include regular Board fees and Audit Committee fees. |
| 2021-04-13 | John C. Love was appointed a director of the Company on March 5, 1998. ... The Board of Directors has nominated ... John C. Love ... The Nominating Committee is currently comprised of members Grunwald (Chairperson) and Love. ... The Compensation Committee is currently comprised of members Nance (Chairperson), Grunwald, and Love. ... The Audit Committee is currently comprised of members Nance (Chairperson) and Love, each of whom are independent directors per Rule 10A-3 of the Securities Exchange Act of 1934, as amended (the “Exchange Act”). ... The following table provides information concerning compensation awarded to, earned by, or paid to the Company’s directors for the fiscal year ended June 30, 2020. ... John C. Love $8,000 ... Amounts shown include regular Board fees and Audit Committee fees. |
| 2022-04-13 | John C. Love was appointed a director of the Company on March 5, 1998. ... Mr. Love’s extensive experience as a Certified Public Accountant (“CPA”) and in the hospitality industry, including teaching at the university level for the last 30 years in management control systems, and his knowledge and understanding of finance and financial reporting, led to the Board’s conclusion that he should serve as a director of the Company. ... The Nominating Committee is currently comprised of members Grunwald (Chairperson) and Love. ... The Compensation Committee is currently comprised of members Nance (Chairperson), Grunwald, and Love. ... The Audit Committee is currently comprised of members Nance (Chairperson) and Love, each of whom are independent directors per Rule 10A-3 of the Securities Exchange Act of 1934, as amended (the “Exchange Act”). ... Each director of the Company is paid a Board retainer fee of $1,500 per quarter for total annual compensation of $6,000. Members of the Audit Committee also receive a fee of $500 per quarter. ... The following table provides information concerning compensation awarded to, earned by, or paid to the Company’s directors for the fiscal year ended June 30, 2021. John C. Love Fees Earned $8,000. |
| 2023-04-26 | Mr. Love was appointed a director of the Company on March 5, 1998. He is a CPA and has extensive experience in hospitality and finance. He serves on the Nominating Committee (Chairperson Grunwald, members Grunwald and Love), Compensation Committee (members Nance, Grunwald, and Love), and Audit Committee (members Nance and Love). The Director Compensation Table shows his total annual compensation as $8,000, which includes Board and Audit Committee fees. |
| 2024-04-17 | Mr. Love was appointed a director of the Company on March 5, 1998. The Nominating Committee is currently comprised of members Grunwald (Chairperson) and Love. The Compensation Committee is currently comprised of members Nance (Chairperson), Grunwald, and Love. The Audit Committee is currently comprised of members Nance (Chairperson), Grunwald, and Love. The Director Compensation Table shows John C. Love's total compensation as $8,000 for the fiscal year ended June 30, 2023. |
| 2025-04-08 | Mr. Love is an international hospitality and tourism consultant. |
Data sourced from SEC filings. Last updated: 2025-07-01