JOHN LADOWICZ - Corporate Board Profile

OLD SECOND BANCORP INC

Filing Date	Source Excerpt
2014-04-21	The members of the Audit Committee during 2013 were Messrs. Finn, (who served as Chairman), Bonifas, Ladowicz, Schmitz and Suits, each of whom is deemed to be an independent director under Nasdaq's rules. We expect that these members will continue to serve on the committee in 2014.
2015-04-17	John Ladowicz (Age 62) Former Chairman and Chief Executive Officer of HeritageBanc, Inc. and Heritage Bank (1996-2008).
2016-04-12	Mr. Ladowicz is a qualified candidate for service on the board, the Audit Committee, Nominating and Corporate Governance Committee and the Compensation Committee. He served as Chairman of the Compensation Committee in 2015. In 2015, Mr. Ladowicz earned $42,250 in director fees.
2017-04-14	Mr. Ladowicz is the former Chairman and Chief Executive Officer of HeritageBanc, Inc. and Heritage Bank, where he served between 1996 and 2008. We consider Mr. Ladowicz to be a qualified candidate for service on the board, the Audit Committee, Nominating and Corporate Governance Committee and the Compensation Committee as Chairman due to his previous experience as a chief executive officer in the financial services industry, as well as his extensive knowledge of the market areas we entered through the acquisition of HeritageBanc, Inc. in 2008. Each of our directors also serves as a director of Old Second National Bank. In 2016, each non-employee director received $1,000 for every board meeting and $500 for every committee meeting attended if there were no other bank-level meetings held that day. Non-employee directors of the Bank received a $13,000 annual retainer. Our Chairman received an $80,000 retainer in 2016 for his service as the chairman; in addition, he received $1,000 for every board meeting and $500 for every committee meeting attended. The chairs of our Compensation Committee, Mr. Ladowicz, and Audit Committee, Mr. Suits, also received additional 2016 retainers in the amounts of $18,000 and $20,000, respectively. Mr. Ladowicz received $44,500 in fees earned or paid in cash in 2016.
2018-04-13	Mr. Ladowicz serves as Chairman of the Compensation Committee and also serves on the Audit Committee and the Nominating and Corporate Governance Committee. Director compensation table shows John Ladowicz fees earned or paid in cash $43,000, stock awards $27,125, total $70,125.
2019-04-19	Mr. Ladowicz is the former Chairman and Chief Executive Officer of HeritageBanc, Inc. and Heritage Bank, where he served from 1996 until 2008, when it was acquired by Old Second. We consider Mr. Ladowicz to be a qualified candidate for service on the board, the Audit Committee, Nominating and Corporate Governance Committee and the Compensation Committee as Chairman due to his previous experience as a chief executive officer in the financial services industry, as well as his extensive knowledge of the market areas we entered through the acquisition of HeritageBanc, Inc. in 2008. ... The following table sets forth the compensation paid to our non-employee directors in 2018: John Ladowicz 40,000 fees earned or paid in cash, 91,375 stock awards, total 131,375.
2020-07-17	The members of our Compensation Committee during 2019 were Mr. Ladowicz (who serves as Chairman), Mr. Kane, Mr. Bonifas, Mr. McLean and Ms. Temple Rocks, each of whom is deemed to be an independent director under NASDAQ’s listing requirements. The Compensation Committee met three times in 2019. The following table sets forth the compensation paid to our non-employee directors in 2019: John Ladowicz Fees earned or paid in cash $43,000 Stock Awards $19,365 Total $62,365
2022-04-14	Mr. Ladowicz is the former Chairman and Chief Executive Officer of HeritageBanc, Inc. We consider Mr. Ladowicz to be a qualified candidate for service on the board, the Audit Committee, the Nominating and Corporate Governance Committee, the Loan Committee, and the Compensation Committee (as Chairman). The following table sets forth the compensation paid to each of our non-employee directors and to Mr. Acker in 2021: John Ladowicz - $47,563 fees earned or paid in cash, $42,748 stock awards, total $90,311.
2023-04-14	Mr. Ladowicz is the former Chairman and CEO of HeritageBanc, Inc. ... qualified candidate for service on the board, the Audit Committee, the Compensation Committee, Nominating and Corporate Governance Committee, the Loan Committee, and the Risk and Insurance Committee ... 2022 director compensation table showing John Ladowicz with total $95,565.
2024-04-19	Mr. Ladowicz is the former Chairman and Chief Executive Officer of HeritageBanc, Inc. and Heritage Bank, where he served from 1996 until 2008.