JOHN W. EVERETS - Corporate Board Profile

EASTERN CO

Filing Date	Source Excerpt
2007-03-19	John W. Everets, 60 Chairman (Jan 2006 - Present) 1993 116,887 2.1% Director 2,3 Yorkshire Capital Boston, MA
2008-03-18	John W. Everets, 61 Director 2,3 Chairman (Jan 2006 - Present) Audit Committee: John W. Everets, Chairman Compensation Committee: Messrs. David C. Robinson, Donald S. Tuttle III, John W. Everets, and Charles W. Henry 1 Member of the Executive Committee Director Compensation in Fiscal 2007: John W. Everets $24,600 Fees Earned or Paid in Cash, $395 Stock Awards, $24,995 Total
2009-03-17	John W. Everets, 62 Director 2,3 Chairman (Jan 2006 - Present) ... 1 Member of the Executive Committee 2 Member of the Compensation Committee 3 Member of the Audit Committee ... DIRECTOR COMPENSATION IN FISCAL 2008 ... John W. Everets Fees Earned or Paid in Cash: $24,600 Stock Awards: $395 Total: $24,995
2010-03-17	John W. Everets, age 63, has been Chairman of Yorkshire Capital in Boston, Massachusetts since January 2006. He previously was President and CEO of G.E. H.P.S.C. in Boston, Massachusetts from January 2004 through December 2005. Mr. Everets has been a Director of the Company since 1993 and serves on the Audit and Compensation Committees. Mr. Everets has also served on the Boards of M.F. I. Inc and Financial Security Assurance (FSA). ... The Audit Committee meets with and without management present and held eight meetings during fiscal year 2009. ... Audit Committee: John W. Everets, Chairman ... In 2009, The Eastern Company paid non-employee directors an annual rate of $24,600, which was paid in Common Shares of the Company or cash, in accordance with the Directors Fee Program adopted by the shareholders on March 26, 1997 and amended on January 5, 2004. The amounts listed could include adjustments for fractional shares from previous periods. The directors make an annual election, within a reasonable time before their first quarterly payment, to receive their fees in the form of cash, stock or a combination thereof. The election remains in force for one year.
2011-03-16	John W. Everets, age 64, has been Chairman and CEO of SBM Financialin Gardiner, Maine since June 2010. He previously was Chairman of Yorkshire Capital in Boston, Massachusetts from January 2006 through May 2010 and he was President and CEO of G.E. H.P.S.C. in Boston, Massachusetts from January 2004 through December 2005. Mr. Everets has been a Director of the Company since 1993 and serves on the Audit and Compensation Committees. Mr. Everets has also served on the Boards of M.F.I. Inc and Financial Security Assurance (FSA). Mr. Everets’ years of experience as Chairman of H.S.B.C., an asset lending company now part of General Electric, has qualified him as our independent financial expert. With that background, he serves as Chairman of the Company’s Audit Committee.
2012-03-16	John W. Everets, age 65, has been a Director of the Company since 1993 and serves on the Audit and Compensation Committees. Mr. Everets serves as Chairman of the Company’s Audit Committee. ... In 2011, The Eastern Company paid non-employee directors an annual rate of $24,600, which was paid in Common Shares of the Company or cash... John W. Everets compensation total $25,362.
2013-03-13	John W. Everets, age 66, has been Chairman and CEO of SBM Financialin Portland, Maine since June 2010. ... Mr. Everets has been a Director of the Company since 1993 and serves on the Audit and Compensation Committees. ... In 2012, The Eastern Company paid non-employee directors an annual rate of $24,600, which was paid in Common Shares of the Company or cash, in accordance with the Directors Fee Program adopted by the shareholders on March 26, 1997 and amended on January 5, 2004. ... John W. Everets 24,600 762 25,362
2014-03-12	John W. Everets, age 67, has been Chairman and CEO of SBM Financial in Portland, Maine since June 2010. He previously was Chairman of Yorkshire Capital in Boston, Massachusetts from January 2006 through May 2010 and he was President and CEO of G.E. H.P.S.C. in Boston, Massachusetts from January 2004 through December 2005. Mr. Everets has been a Director of the Company since 1993 and serves on the Audit and Compensation Committees. Mr. Everets has also served on the Boards of M.F.I. Inc and Financial Security Assurance (FSA). Mr. Everets’ years of experience as Chairman of H.P.S.C., an asset lending company now part of General Electric, has qualified him as our independent financial expert. With that background, he serves as Chairman of the Company’s Audit Committee. Director compensation table shows $30,000 fees earned and $762 stock awards totaling $30,762.
2016-03-15	John W. Everets, age 69, was the Chairman, President and CEO of SBM Financial in Portland, Maine from June 2010 until 2015. He has been a Director of the Company since 1993, and brings to the Board of Directors extensive knowledge of the Company’s business. He serves on the Audit, Compensation, and Nominating and Corporate Governance Committees.
2017-03-15	John W. Everets, age 70, was the Chairman and CEO of SBM Financialin Portland, Maine from May 2010 until October 2016. Mr. Everets has been a Director of the Company since 1993. He serves on the Audit, Compensation, and Nominating and Corporate Governance Committees. Director compensation table shows $32,400 fees earned and $29.85 stock awards totaling $32,429.85.
2018-03-15	John W. Everets, age 71, has been a Partner in Arcturus Capital LLC, Boston since 2016. Mr. Everets has been a Director of the Company since 1993 and brings to the Board extensive knowledge of the Company's business. He serves on the Audit, Compensation, Pension Investment Review, and Nominating and Corporate Governance Committees.
2019-03-14	Mr. Everets has served as a director of the Company since 1993 and brings to the Board extensive knowledge of the Company's business. Mr. Everets serves on the Audit, Compensation, Pension Investment Review, and Nominating and Corporate Governance Committees.
2020-03-05	Mr. Everets has served as a director of the Company since 1993 and brings to the Board extensive knowledge of the Company’s business. Mr. Everets serves on the Audit and Nominating and Corporate Governance Committees.
2021-03-16	Mr. Everets has served as a director of the Company since 1993 and brings to the Board extensive knowledge of the Company’s business. Mr. Everets serves on the Audit, Compensation and Nominating and Corporate Governance Committees.
2022-03-17	The Board appointed Mr. Everets to serve as Chairman of the Compensation Committee effective January 1, 2022. Mr. Everets also serves on the Audit and Nominating and Corporate Governance Committees.
2023-03-14	Mr. Everets has served as a director of the Company since 1993 and brings to the Board extensive knowledge of the Company’s business. Mr. Everets is Chairman of the Compensation Committee effective January 1, 2022. Mr. Everets also serves on the Audit Committee.
2024-03-12	Mr. Everets has served as a director of the Company since 1993. Mr. Everets is Chairman of the Capital Allocation and Investment Committee and serves on the Audit and Compensation Committees. DIRECTOR COMPENSATION IN FISCAL 2023 table shows John W. Everets total compensation as $81,014.
2025-03-12	Mr. Everets has served as a director of the Company since 1993 and as Vice-Chairman of the Board since July 2024.