KAREEM E. SETHI - Corporate Board Profile

EMERSON RADIO CORP

Filing Date	Source Excerpt
2007-11-19	Kareem E. Sethi has served as Managing Director of Streetwise Capital Partners, Inc. since 2003. From 1999 until 2003, Mr. Sethi served as Manager, Business Recovery Services of PricewaterhouseCoopers Inc. Mr. Sethi is expected to fill the vacancy on the Audit Committee following the retirement of Mr. Farnum.
2008-08-22	Kareem E. Sethi has been a Director since 2007. ... Kareem E. Sethi serves on the Audit Committee and the Corporate Governance, Nominating and Compensation Committee. During Fiscal 2008, Kareem E. Sethi received $16,042 in director compensation.
2010-10-15	Kareem E. Sethi has been a director since December 2007. Mr. Sethi has served as Managing Director of Streetwise Capital Partners, Inc. since 2003. From 1999 until 2003, Mr. Sethi was Manager, Business Recovery Services for PricewaterhouseCoopers Inc. Based on Mr. Sethis experience in accounting, corporate finance and portfolio management, the Board believes that he is well qualified to serve as a director of the Company.
2011-10-21	Kareem E. Sethi has been a director since December 2007 ... The Companys directors who were not employees (Outside Directors), specifically Messrs. Ho, Mahathir, Sethi, Snellings and Will were paid $80,000 ... for serving on the Board of Directors and on our various committees during the period.
2012-10-18	Kareem E. Sethi has been a director since December 2007. ... The Companys Audit Committee currently consists of Mr. Sethi and Mr. Snellings, both of whom the Board of Directors has determined meet the definition of independence. Mr. Sethi is currently the Chairman of the Audit Committee. ... During Fiscal 2012, our directors who were not employees (Outside Directors), specifically Messrs. Ho, Fok, Mahathir, Sethi, Snellings and Will were paid $74,167. ... Kareem E. Sethi $74,167 fees earned.
2013-10-18	Kareem E. Sethi has been a director since December 2007 ... Based on Mr. Sethis experience in accounting, corporate finance and portfolio management, the Board believes that he is well qualified to serve as a director of the Company. ... The Companys Audit Committee currently consists of Mr. Sethi and Mr. Snellings ... Mr. Sethi is currently the Chairman of the Audit Committee ... During Fiscal 2013, our directors who were not employees (Outside Directors), specifically Messrs. Ho, Fok, Mahathir, Sethi, Snellings and Will were paid $79,008, $50,000, $65,000, $65,000, $80,000 and $65,000, respectively, for serving on the Board and on our various committees during the period.
2014-09-10	Kareem E. Sethi has been a director since December 2007. ... The Audit Committee currently consists of Mr. Sethi (Chairman), Mr. Hunt and Mr. Snellings ... The Special Committee currently consists of Messrs. Choong, Hunt, Manski, Sethi and Snellings. ... During Fiscal 2014, our directors and former directors who were not employees ("Outside Directors"), specifically Messrs. ... Sethi, ... were paid $103,550 ... for serving on the Board of Directors and on our various committees during the period.
2016-03-03	Kareem E. Sethi has been a director since December 2007. ... The Audit Committee currently consists of Mr. Sethi (Chairman), Mr. Hunt and Mr. Snellings ... During Fiscal 2015, our directors and former directors who were not employees (Outside Directors), specifically Messrs. ... Sethi, ... were paid $91,834 ... for serving on the Board and on our various committees during the period.
2016-10-26	Kareem E. Sethi has been a director since December 2007. Mr. Sethi has served as Managing Director of Streetwise Capital Partners, Inc. since 2003. From 1999 until 2003, Mr. Sethi was Manager, Business Recovery Services for PricewaterhouseCoopers LLP. Based on Mr. Sethis experience in accounting, corporate finance and portfolio management, the Board believes that he is well qualified to serve as a director of the Company. The Companys Audit Committee currently consists of Mr. Sethi (Chairman) and Mr. Yuen, each of whom the Board of Directors has determined meets the definition of independence as established by the NYSE MKT listing rules and SEC rules. Mr. Sethi is currently the Chairman of the Audit Committee and the audit committee financial expert. During Fiscal 2016, the Companys directors who were not employees (Outside Directors) were compensated for serving on the Board and on its various committees during the period. The Company does not compensate directors who are employees of the Company for their services as directors. Outside Directors are each paid an annual directors fee of $50,000. The Outside Director serving as the Chairman of the Board receives an additional annual fee of $20,000. Each Outside Director serving on the audit committee of the Board receives an additional fee of $15,000 per annum with no additional fee for serving as chairman of the audit committee. During Fiscal 2016, the Outside Director serving as the Chairman of the special committee received an additional fee of $20,000 per month with the exception of November 2015, December 2015 and January 2016, during which the Chairman of the special committee received an additional fee of $12,500 per month. During Fiscal 2016, each Outside Director serving on the special committee of the Board received an additional fee of $12,500 per month. In June 2016, the fee structure for the special committee was changed such that each Outside Director serving on the special committee of the Board receives an additional fee of $5,000 per month with no additional fee for serving as chairman of the special committee. The Company does not pay any additional fees for attendance at meetings of the Board or the committees. Audit committee fees are paid in four equal quarterly installments per annum and special committee fees are paid in monthly installments. Audit committee and special committee fees are pro-rated in situations where an Outside Director serves less than a full one year or periodic term. The following table provides certain information with respect to the compensation earned or paid to the Companys Outside Directors during Fiscal 2016. Kareem E. Sethi $127,500
2018-02-22	Kareem E. Sethi has been a director since December 2007. Mr. Sethi has served as Managing Director of Streetwise Capital Partners, Inc. since 2003. From 1999 until 2003, Mr. Sethi was Manager, Business Recovery Services for PricewaterhouseCoopers LLP. Based on Mr. Sethi 27s experience in accounting, corporate finance and portfolio management, the Board believes that he is well qualified to serve as a director of the Company. The Company 27s Audit Committee currently consists of Mr. Sethi (Chairman) and Mr. Yuen, each of whom the Board of Directors has determined meets the definition of independence as established by the NYSE American listing rules and SEC rules. Mr. Sethi is currently the Chairman of the Audit Committee and the 3audit committee financial expert. 4 Pursuant to Section 803(B)(2)(c) of the Company Guide, as a smaller reporting company the Company is required to have an audit committee of at least two independent members, as defined by the listing standards of the NYSE American. The Audit Committee is empowered by the Board of Directors, among other things, to: (i) serve as an independent and objective party to monitor the Company 27s financial reporting process, internal control system and disclosure control system; (ii) review and appraise the audit efforts of the Company 27s independent auditors; (iii) assume direct responsibility for the appointment, compensation, retention and oversight of the work of the independent auditors and for the resolution of disputes between the independent auditors and the Company 27s management regarding financial reporting issues; and (iv) provide the opportunity for direct communication among the independent auditors, financial and senior management and the Board of Directors. During Fiscal 2017, the Audit Committee performed its duties under a written charter approved by the Board of Directors and formally met four times. A copy of the Company 27s Audit Committee Charter is posted on the Company 27s website: www.emersonradio.com on the Investor Relations page. The following table provides certain information with respect to the compensation earned or paid to the Company 27s Outside Directors during Fiscal 2017. Director Compensation for Fiscal 2017 Name Fees Earned or Paid in Cash($) Total($) Kareem E. Sethi $ 111,833 $ 111,833
2019-02-22	Kareem E. Sethi has been a director since December 2007... The Audit Committee currently consists of Mr. Sethi (Chairman) and Mr. Yuen... Director Compensation for Fiscal 2018: Kareem E. Sethi $125,000 total.
2020-02-21	Kareem E. Sethi has been a director since December 2007... Member of the Audit Committee... The Audit Committee currently consists of Mr. Sethi (Chairman)... Director Compensation for Fiscal 2019: Kareem E. Sethi $65,000 total.
2021-02-19	Kareem E. Sethi has been a director since December 2007... The Audit Committee currently consists of Mr. Sethi (Chairman) and Mr. Yuen... Director Compensation for Fiscal 2020: Kareem E. Sethi $65,000 total.
2022-02-24	Kareem E. Sethi has been a director since December 2007... The Audit Committee currently consists of Mr. Sethi (Chairman) and Mr. Yuen... Director Compensation for Fiscal 2021: Kareem E. Sethi $65,000 fees earned or paid in cash.
2023-02-21	Kareem E. Sethi has been a director since December 2007... The Audit Committee currently consists of Mr. Sethi (Chairman) and Mr. Yuen... Director Compensation for Fiscal 2022: Kareem E. Sethi Fees Earned or Paid in Cash $65,000.
2024-02-21	Kareem E. Sethi has been a director since December 2007... The Company’s Audit Committee currently consists of Mr. Sethi (Chairman) and Mr. Yuen... The following table provides certain information with respect to the compensation earned or paid to the Company’s Outside Directors during Fiscal 2023... Kareem E. Sethi Fees Earned or Paid in Cash($) 65,000 Total($) 65,000
2025-02-18	Kareem E. Sethi has been a director since December 2007. Mr. Sethi has served as Managing Director of Streetwise Capital Partners, Inc. since 2003.