JOHN RICE - Corporate Board Profile

NextTrip, Inc.

Filing Date	Source Excerpt
2017-08-22	John Rice Interim Chief Executive Officer and Chairman of the Board Age 71 Board of Directors table and description
2018-01-19	John Rice, Chairman and Interim CEO
2018-09-07	John Rice is Chairman of the Board and Chief Executive Officer. He was appointed to our Board of Directors on February 15, 2017, appointed Chairman on April 19, 2017, and became CEO on June 21, 2018. Compensation includes $40,500 salary and $17,001 stock awards in 2017, plus $10,925 for additional director services.
2019-06-18	John Rice Age: 72 Role: Chairman of the Board and Chief Executive Officer Compensation: $406,242 Excerpt: "John Rice - President, Chief Executive Officer (Principal Executive Officer) and Director 2018 Salary: 125,625 Total: 406,242"
2020-03-02	By order of the Board of Directors /s/ John Rice John Rice Chief Executive Officer Santa Fe, New Mexico March 2, 2020
2020-05-18	John Rice I 73 Chairman of the Board 2017 2021 - Our Board of Directors is currently composed of five members. There are two nominees for Class III directors who, if elected, will serve until the 2023 Annual Meeting of Stockholders and until their respective successors are elected and duly qualified, or until their respective death, resignation or removal. Each nominee is currently a director whose term of office expires in 2020 and is being nominated for re-election. A director is elected by a plurality of the votes present in person or represented by proxy and entitled to vote at the Annual Meeting. Shares represented by executed proxies will be voted, if authority to do so is not withheld, for the election of the nominee named below. Our Board of Directors is currently composed of five members. There are two nominees for Class III directors who, if elected, will serve until the 2023 Annual Meeting of Stockholders and until their respective successors are elected and duly qualified, or until their respective death, resignation or removal. Each nominee is currently a director whose term of office expires in 2020 and is being nominated for re-election. A director is elected by a plurality of the votes present in person or represented by proxy and entitled to vote at the Annual Meeting. Shares represented by executed proxies will be voted, if authority to do so is not withheld, for the election of the nominee named below. John Rice was appointed to our Board of Directors on February 15, 2017, was appointed as Chairman of our Board on April 19, 2017, he was appointed as our interim Chief Executive Officer on July 24, 2017, was our Chief Executive Officer from June 21, 2018 until April 30, 2020 and was our President from October 10, 2018 through April 30, 2020. Mr. Rice has extensive experience in business operations. In 1990, Mr. Rice founded ASiQ, LLC, a firm specializing in operations management services ranging from launching successful startups and executing business turnarounds to financings, crisis management and the repositioning of enterprises for sale at optimum market prices. Mr. Rice presently serves as ASiQ’s CEO and President. He also served as CEO of Coca-Cola Bottling Company of Santa Fe, a client of ASiQ’s, from 2009 to 2015. From 2010 to 2012, Mr. Rice served as Director and Contracts Officer of Detector Networks International. Mr. Rice frequently lectures on breakout growth strategies, crisis management, corporate turnarounds, venture capital, and financial structuring and strategies. He has also served on a number of boards. Since 2005, Mr. Rice has served as Director of New Mexico Angels, Inc., a New Mexico based group of accredited individual angel investors. Since 2016, Mr. Rice has served as Director of Akal Security, Inc. He was also a Director of Detector Networks International from 2010-2012, where he successfully negotiated the principal component of a business turnaround for the company. Mr. Rice is an honors graduate of Harvard College. Our Board of Directors believes that Mr. Rice is qualified to serve as a member of the board because of his broad and deep experience in improving business operations, engineering financial structures that support ongoing needs of operating companies, and building investor and shareholder values. The compensation of Mr. Rice, who serves as a director and served as our President and Chief Executive Officer until April 30, 2020, is described in the Summary Compensation Table of Executive Officers. Our non-employee directors do not receive compensation for their service on our Board of Directors.
2021-04-19	Named Executive Officers and Directors John Rice 93,905 *
2021-06-15	John Rice Age 74 Chairman of the Board Compensation: $66,109 Excerpt: "The following table sets forth certain information concerning the compensation paid to non-employee directors in 2020 for their services as directors of the Company... John Rice... Total ($) 66,109"
2022-07-06	John Rice I 75 Chairman of the Board 2017 2024 - The following table sets forth certain information concerning the compensation paid to non-employee directors in 2021 for their services as directors of the Company. Name Fees Earned or Paid in Cash ($) Option Awards ($) Total ($) John Rice 10,000 134,647 144,647