MALCOLM M. B. STERRETT

Corporate Board Profile

Tech Score: 0/100

TELOS CORP

Filing Date	Source Excerpt
2005-10-14	Mr. Sterrett (age 63) is a private investor and was elected to the Company's Board of Directors as Class D Director in July 1998. From 1989 to 1993, he was a partner at the law firm of Pepper Hamilton & Scheetz in Washington, D.C. From 1988 to 1989, he served as General Counsel to the U.S. Department of Health and Human Services and from 1982 to 1988 he was a Commissioner on the U.S. Interstate Commerce Commission ("ICC"). Prior to his service with the ICC, he was Vice President and General Counsel to the United States Railway Association and served as Staff Director and Counsel to the U.S. Senate Committee on Commerce, Science and Transportation. Mr. Sterrett is also a member of the Board of Directors of Trans World Corporation. ... The Audit Committee, which consists of independent Directors Motley (Chairman), Borland, Byers, and Sterrett, was established to review, in consultation with the independent auditors, the Company's financial statements, accounting and other policies, accounting systems and system of internal controls. In 2004, the Audit Committee met 4 times. ... The Nominating and Corporate Governance Committee was established to make recommendations regarding Board nominations and to monitor the implementation of corporate governance rules and regulations. The Nominating and Corporate Governance Committee consists of Directors Byers, Ikle, and Sterrett serving as independent directors pursuant to Rule 4200(a)(15) of the NASD; and Messrs. Marino and Wood (Chairman) who, pursuant to that rule, are not independent. ... During the fiscal year ended December 31, 2004, outside directors Mr. Baker, Mr. Borland, Mr. Byers, Dr. Ikle, Ambassador Motley, and Mr. Sterrett were paid $32,000, $30,000, $42,000, $32,000, $34,000, and $34,000 respectively for their services as directors.

Filing Date

Source Excerpt

2005-10-14

Mr. Sterrett (age 63) is a private investor and was elected to the Company's Board of Directors as Class D Director in July 1998. From 1989 to 1993, he was a partner at the law firm of Pepper Hamilton & Scheetz in Washington, D.C. From 1988 to 1989, he served as General Counsel to the U.S. Department of Health and Human Services and from 1982 to 1988 he was a Commissioner on the U.S. Interstate Commerce Commission ("ICC"). Prior to his service with the ICC, he was Vice President and General Counsel to the United States Railway Association and served as Staff Director and Counsel to the U.S. Senate Committee on Commerce, Science and Transportation. Mr. Sterrett is also a member of the Board of Directors of Trans World Corporation. ... The Audit Committee, which consists of independent Directors Motley (Chairman), Borland, Byers, and Sterrett, was established to review, in consultation with the independent auditors, the Company's financial statements, accounting and other policies, accounting systems and system of internal controls. In 2004, the Audit Committee met 4 times. ... The Nominating and Corporate Governance Committee was established to make recommendations regarding Board nominations and to monitor the implementation of corporate governance rules and regulations. The Nominating and Corporate Governance Committee consists of Directors Byers, Ikle, and Sterrett serving as independent directors pursuant to Rule 4200(a)(15) of the NASD; and Messrs. Marino and Wood (Chairman) who, pursuant to that rule, are not independent. ... During the fiscal year ended December 31, 2004, outside directors Mr. Baker, Mr. Borland, Mr. Byers, Dr. Ikle, Ambassador Motley, and Mr. Sterrett were paid $32,000, $30,000, $42,000, $32,000, $34,000, and $34,000 respectively for their services as directors.

Data sourced from SEC filings. Last updated: 2025-08-30