Corporate Board Profile
Tech Score: 0/100
| Filing Date | Source Excerpt |
|---|---|
| 2001-10-31 | Kelvyn H. Cullimore is the father of Kelvyn H. Cullimore, Jr. No other family relationships exist among officers and directors of the Company. Kelvyn H. Cullimore has served as Chairman of the Board of the Company since its incorporation in April 1983. From 1983 until 1992, Mr. Cullimore served as President of the Company. Mr. Cullimore received a B.S. in Marketing from Brigham Young University in 1957, and following graduation, worked for a number of years as a partner in a family-owned home furnishings business in Oklahoma City, Oklahoma. Mr. Cullimore has participated in the organization and management of various enterprises, becoming the president or general partner in several business entities, including real estate, motion picture, and equipment partnerships. From 1979 until 1992, Mr. Cullimore served as Chairman of the Board of American Consolidated Industries (ACI), the former parent company of Dynatronics. From 1986 until 1999, Mr. Cullimore served as President of ITEC Attractions, Inc. (ITEC) and from 1986 to 1997 he served as ITEC's Chairman, President and CEO. Presently, Mr. Cullimore serves on the board of directors of ITEC. The compensation of the Company's chief executive officer and all executive officers whose total cash compensation during the fiscal year ended June 30, 2001 exceeded $100,000 (collectively, the "Named Executive Officers") is shown below. Kelvyn H. Cullimore 2001 $131,250 Salary + $35,378 Bonus + $16,363 Other Annual Compensation = $183,991 total. |
| 2002-10-22 | Kelvyn H. Cullimore 67 1983 Chairman of the Board |
| 2003-10-30 | Kelvyn H. Cullimore 68 1983 Chairman of the Board Remuneration of Directors Directors who are otherwise employed by and receive remuneration as officers of the Company, are paid $100 per meeting for attendance at regular and special director's meetings. Outside directors are paid an annual director's fee of $3,600. In addition, Dynatronics pays all expenses incurred by directors in connection with attendance at Board and committee meetings. Each outside director also participates in an annual bonus program. The full annual bonus per director is an amount equal to one percent of the Company's pre-tax profits. A total of $6,568 was paid to the outside directors under this plan for the fiscal year ended June 30, 2003. |
| 2004-10-29 | Kelvyn H. Cullimore 69 1983 Chairman of the Board |
| 2006-10-27 | Directors who are otherwise employed by and receive remuneration as officers of the Company, are paid $100 per meeting for attendance at regular and special director's meetings. Outside directors are paid an annual director's fee of $14,000. In addition, independent directors each receive $1,000 annually for participating on each board committee and $2,000 in restricted stock awards. The chairman of the audit committee receives an additional $2,000 for serving as the committee chairman and financial expert. |
| 2007-10-17 | Kelvyn H. Cullimore was elected Vice Chairman in January 2007. ... No compensation details provided for him as a director. |
| 2008-10-14 | Kelvyn H. Cullimore was elected Vice Chairman in January 2007. |
Data sourced from SEC filings. Last updated: 2025-08-30