JOHN R. LOFTUS - Corporate Board Profile

Envela Corp

Filing Date	Source Excerpt
2017-12-07	The four nominees for election as directors to serve until the next annual meeting of stockholders and until their successors have been duly elected and qualified are John R. Loftus, Joel S. Friedman, Jim R. Ruth, and Alexandra C. Griffin. All four nominees are members of our current Board of Directors, and have served since January 2017. All nominees have consented to serve if elected and we have no reason to believe that any of the nominees named will be unable to serve. John R. Loftus was appointed Chief Executive Officer and elected as Chairman of the Board on December 12, 2016. Mr. Loftus was the Chief Executive Officer of Elemetal LLC (Elemetal), a precious metals company and DGSE’s largest stockholder, from 2012 to 2015 and was responsible for Elemetal’s operations. Prior to Elemetal, Mr. Loftus was the founder of NTR Metals, LLC, a precious metals refiner for jewelers, pawnbrokers, and metal industries customers worldwide. Previous to his work at NTR Metals, Mr. Loftus was a commodities floor trader and holds an M.B.A. from the SMU Cox School of Business. John R. Loftus was elected as the Company’s Chairman of the Board, Chief Executive Officer and President upon the resignation of Matthew M. Peakes on December 10, 2016. Mr. Loftus has chosen not to receive a salary at this time.
2018-04-30	John R. Loftus was appointed Chief Executive Officer and elected as Chairman of the Board on December 12, 2016. Mr. Loftus was the Chief Executive Officer of Elemetal LLC ("Elemetal"), a precious metals company and DGSE9s largest stockholder, from 2012 to 2015 and was responsible for Elemetal9s operations. Prior to Elemetal, Mr. Loftus was the founder of NTR Metals, LLC, a precious metals refiner for jewelers, pawnbrokers, and metal industries customers worldwide. Previous to his work at NTR Metals, Mr. Loftus was a commodities floor trader and holds an M.B.A. from the SMU Cox School of Business.
2019-09-20	John R. Loftus has served as Chief Executive Officer, President and Chairman of the Board since December 12, 2016. Mr. Loftus has chosen not to receive a salary at this time.
2020-04-30	John R. Loftus has served as Chief Executive Officer, President and Chairman of the Board since December 12, 2016. Mr. Loftus has chosen not to receive a salary at this time.
2021-04-30	John R. Loftus has served as Chief Executive Officer, President and Chairman of the Board since December 12, 2016. Mr. Loftus has chosen not to receive a salary at this time.
2022-04-21	The five nominees for election as directors to serve until the next annual meeting of stockholders and until their successors have been duly elected and qualified are John R. Loftus, Jim R. Ruth, Alexandra C. Griffin, Allison M. DeStefano and Richard D. Schepp. ... John R. Loftus 53 2016 Chairman of the Board, Chief Executive Officer and President ... John R. Loftus has served as Chief Executive Officer, President and Chairman of the Board since December 12, 2016. ... Mr. Loftus has chosen not to receive a salary at this time.
2023-04-28	John R. Loftus has served as Chief Executive Officer, President and Chairman of the Board since December 12, 2016. Mr. Loftus has chosen not to receive a salary at this time.
2024-04-30	Mr. Loftus holds an M.B.A. from the SMU Cox School of Business. He is qualified to serve on the Board due to his service as the Company’s Chief Executive Officer for over seven years and because his role and his experience enable him to bring invaluable operational, financial, regulatory and governance perspectives to the Board.