Corporate Board Profile
Tech Score: 0/100
| Filing Date | Source Excerpt |
|---|---|
| 2015-03-20 | Magalen C. Webert 63 Private investor. Member of the Governance and Nominating Committee of the Company. |
| 2016-03-31 | Magalen C. Webert 64 Private investor. Member of the Corporate Governance and Nominating Committee of the Company. May 1999 to date. Term expires 2018. Director Compensation Table Magalen C. Webert Fees Earned or Paid in Cash ($)(1): $0 Stock Awards ($)(2): 77,500 Option Awards ($)(3): 120,000 Total ($): 197,500 |
| 2017-03-08 | Magalen C. Webert 65 Private investor. Member of the Corporate Governance and Nominating Committee of the Company. May 1999 to date. Term expires 2018. The Company paid an annual fee of $70,000 in 2016 to each non-employee director. The annual fee is determined by the Board of Directors. Each non-employee director may elect to receive the annual fee in cash or in Shares (or any combination of cash and Shares). Directors do not receive meeting attendance fees. The Company also pays an annual fee for service on the Board's committees. In 2016, each member of the Audit Committee received an annual fee of $15,000. The annual fee paid in 2016 to each member of the Compensation and Governance Committees was $7,500. The Chairman of the Audit Committee received an additional annual fee of $15,000. The Chairman of the Compensation Committee received an additional annual fee of $10,000. The Chairman of the Governance Committee, who also served as the Lead Director, received an additional annual fee of $30,000. In addition to the annual retainer and committee fees, each non-employee director is eligible to participate in the Company's Incentive Compensation Program. The Incentive Compensation Program provides for the grant of stock options, stock appreciation rights, restricted shares or units or other stock-based awards to non-employee directors. The Board administers the Incentive Compensation Program with respect to awards to non-employee directors and has the discretionary authority to make all award decisions under the Program. At the meeting of the Board of Directors held on February 3, 2016, the Board of Directors awarded each eligible director an award of 1,441 restricted stock units having a value of approximately $120,000 based on the closing price of the Company's common stock on February 3, 2016. Magalen C. Webert $197,500 |
Data sourced from SEC filings. Last updated: 2025-08-30