MARK E. SCHWARZ - Corporate Board Profile

RAVE RESTAURANT GROUP, INC.

Filing Date	Source Excerpt
2003-10-27	Mark E. Schwarz was appointed a Director in December 2002. As of October 1, 2003, Mr. Schwarz serves on the Executive and Finance Committees. Outside directors receive an annual fee of $17,000 plus meeting fees.
2004-01-07	Messrs. Ungerman, Parker, and Schwarz serve on the Executive Committee; Messrs. Schwarz, Parker, Powell, and Taylor, serve on the Finance Committee; Outside directors receive an annual fee of $17,000 plus meeting fees equal to $1,000 per Board meeting and $250 per Committee meeting attended.
2004-11-10	Mark E. Schwarz, 44, is the Chairman, Chief Executive Officer, and Portfolio Manager of Newcastle Capital Management, L.P., a private investment management firm he founded in 1992 that is the general partner of Newcastle Partners, L.P. Mr. Schwarz was appointed Chairman of the Board of the Company in February 2004.
2005-05-24	Mark E. Schwarz, 44, is the Chairman, Chief Executive Officer and Portfolio Manager of Newcastle Capital Management, L.P., a private investment management firm he founded in 1993. Mr. Schwarz was appointed Chairman of the Board of the Company in February 2004.
2005-10-28	Mark E. Schwarz, 45, is the Chairman, Chief Executive Officer and Portfolio Manager of Newcastle Capital Management, L.P. Mr. Schwarz was appointed Chairman of the Board of the Company in February 2004.
2006-11-30	Mark E. Schwarz Chairman of the Board ...Includes a $6,000 retainer for Mr. Schwarz for services as Chairman of the Board. ...The total compensation paid to non-employee directors during fiscal 2006 was $135,250 plus reimbursement of expenses. ...Mark E. Schwarz: Cash Retainer $23,000, Committee Meeting Fees $4,000, Equity Meeting Fees $500, Meeting Fees Retainer $0, All Other $10,847.
2007-11-16	Mark E. Schwarz, 47, is the Chairman, Chief Executive Officer and Portfolio Manager of Newcastle Capital Management, L.P., a private investment management firm he founded in 1993 that is the general partner of Newcastle Partners, L.P. Mr. Schwarz was appointed Chairman of the Board of the Company in February 2004. Mr. Schwarz was appointed a director in December 2002.
2008-11-04	Mark E. Schwarz(2) Fees Earned: $0, Option Awards: $29,000, Total: $29,000. Chairman of the Board. The Chairman of the Board receives an annual retainer of $23,000 and the other non-employee directors receive an annual retainer of $17,000. The non employee directors additionally receive a fee of $1,000 for each Board meeting attended and a fee of $250 for each Committee meeting attended.
2009-11-06	Mark E. Schwarz, 49, is the Chairman, Chief Executive Officer and Portfolio Manager of Newcastle Capital Management, L.P., a private investment management firm he founded in 1993. Mr. Schwarz became a director of the Company in 2002 and was named Chairman of the Board in 2004. The Chairman of the Board receives an annual retainer of $23,000 and the other non-employee directors receive an annual retainer of $17,000. Each non-employee director additionally receives a fee of $1,000 for each Board meeting attended and a fee of $250 for each Committee meeting attended. Directors are also reimbursed for their reasonable expenses in connection with attending Board and committee meetings. In addition to an annual retainer and meeting fees, each non-employee director is eligible to receive stock option awards under the 2005 Non-Employee Directors Stock Option Award Plan. The following table summarizes compensation earned by each of our non-employee directors who served in such capacity during fiscal 2009. Mark E. Schwarz: $28,000 fees earned, $40,255 option awards, total $68,255.
2010-11-05	Mark E. Schwarz, 50, became a director of the Company in 2002 and was named Chairman of the Board in 2004. Mr. Schwarz is the Chairman, Chief Executive Officer and Portfolio Manager of Newcastle Capital Management, L.P., a private investment management firm he founded in 1993. ... The Chairman of the Board receives an annual retainer of $23,000 ... Each non-employee director additionally receives a fee of $1,000 for each Board meeting attended and a fee of $250 for each Committee meeting attended. ... Mark E. Schwarz (2) $26,000 Fees Earned, $33,269 Option Awards, $59,269 Total.
2011-11-03	Mark E. Schwarz, 51, became a director and Chairman of the Board of the Company in 2004. Mr. Schwarz is the Chairman, Chief Executive Officer and Portfolio Manager of Newcastle Capital Management, L.P., a private investment management firm he founded in 1993. The Chairman of the Board receives an annual retainer of $23,000 and the other non-employee directors receive an annual retainer of $17,000. Each non-employee director additionally receives a fee of $1,000 for each Board meeting attended and a fee of $250 for each Committee meeting attended. Directors are also reimbursed for their reasonable expenses in connection with attending Board and committee meetings. The following table summarizes compensation earned by each of our non-employee directors who served in such capacity during fiscal 2011. Mark E. Schwarz $28,000 total.
2012-10-05	Mark E. Schwarz, 52, became a director and Chairman of the Board of the Company in 2004. Mr. Schwarz is the Chairman, Chief Executive Officer and Portfolio Manager of Newcastle Capital Management, L.P., a private investment management firm he founded in 1993. The Chairman of the Board receives an annual retainer of $23,000 and the other non-employee directors receive an annual retainer of $17,000. Each non-employee director additionally receives a fee of $1,000 for each Board meeting attended in person and a fee of $250 for each Committee meeting attended in person. Directors are also reimbursed for their reasonable expenses in connection with attending Board and committee meetings. Mark E. Schwarz earned $32,750 in fees in fiscal 2012.
2013-10-03	Mark E. Schwarz, 53, became a director and Chairman of the Board of the Company in 2004. Mr. Schwarz is the Chairman, Chief Executive Officer and Portfolio Manager of Newcastle Capital Management, L.P., a private investment management firm he founded in 1993. The Chairman of the Board receives an annual retainer of $23,000 and the other non-employee directors receive an annual retainer of $17,000. Each non-employee director additionally receives a fee of $1,000 for each Board meeting attended and a fee of $250 for each Committee meeting attended. Directors are also reimbursed for their reasonable expenses in connection with attending Board and committee meetings. In addition to an annual retainer and meeting fees, each non-employee director is eligible to receive stock option awards under the 2005 Director Plan. The following table summarizes compensation earned by each person who served as a non-employee director during fiscal 2013. Mark E. Schwarz (2) 28,000 21,199 49,199
2014-10-06	Mark E. Schwarz, 54, became a director and Chairman of the Board of the Company in 2004. Mr. Schwarz is the Chairman, Chief Executive Officer and Portfolio Manager of Newcastle Capital Management, L.P., a private investment management firm he founded in 1993. The Chairman of the Board receives an annual retainer of $23,000 and the other non-employee directors receive an annual retainer of $17,000. Each non-employee director additionally receives a fee of $1,000 for each Board meeting attended and a fee of $250 for each Committee meeting attended. Directors are also reimbursed for their reasonable expenses in connection with attending Board and committee meetings. Mark E. Schwarz received $27,000 in total compensation in fiscal 2014.
2015-10-06	Mark E. Schwarz, 55, became a director and Chairman of the Board of the Company in 2004. Mr. Schwarz is the Chairman, Chief Executive Officer and Portfolio Manager of Newcastle Capital Management, L.P., a private investment management firm he founded in 1993. The Chairman of the Board receives an annual retainer of $23,000 and the other non-employee directors receive an annual retainer of $17,000. Each non-employee director additionally receives a fee of $1,000 for each Board meeting attended and a fee of $250 for each Committee meeting attended. Directors are also reimbursed for their reasonable expenses in connection with attending Board and committee meetings. The following table summarizes compensation earned by each person who served as a non-employee director during fiscal 2015. Mark E. Schwarz (2) 27,000 -- 27,000
2016-10-04	Mark E. Schwarz, 55, became a director and Chairman of the Board of the Company in 2004. Mr. Schwarz is the Chairman, Chief Executive Officer and Portfolio Manager of Newcastle Capital Management, L.P., a private investment management firm he founded in 1993. The Board believes that Mr. Schwarz should serve as a director of the Company due to his extensive business and investment expertise, broad director experience and significant direct and indirect shareholdings in the Company. The Chairman of the Board receives an annual retainer of $23,000 and the other non-employee directors receive an annual retainer of $17,000. Each non-employee director additionally receives a fee of $1,000 for each Board meeting attended and a fee of $250 for each Committee meeting attended. Directors are also reimbursed for their reasonable expenses in connection with attending Board and committee meetings. In fiscal 2016, Mr. Schwarz earned $27,000 in fees.
2018-04-27	Mark E. Schwarz, 57, became a director and Chairman of the Board of the Company in 2004. ... The Chairman of the Board receives an annual retainer of $23,000 ... Each non-employee director additionally receives a fee of $1,000 for each Board meeting attended and a fee of $250 for each committee meeting attended. ... Mark E. Schwarz (2) 29,000 Fees Earned or Paid in Cash, 44,336 Option Awards, 73,336 Total.
2018-10-17	Mark E. Schwarz, 58, became a director and Chairman of the Board of the Company in 2004. Mr. Schwarz is the Chairman, Chief Executive Officer and Portfolio Manager of Newcastle Capital Management, L.P. ("NCM"), a private investment management firm he founded in 1993. NCM is the general partner of Newcastle Partners, L.P., which is the largest shareholder of the Company. (See, "Security Ownership of Certain Beneficial Owners, Directors and Executive Officers.") Mr. Schwarz is Chairman of the boards of directors of Hallmark Financial Services, Inc., a specialty property and casualty insurance company, and Wilhelmina International, Inc., a model management and talent representation company. Within the past five years, he has also served as a director of SL Industries, Inc., a developer of power systems used in a variety of aerospace, computer, datacom, industrial, medical, telecom, transportation and utility equipment applications. He also serves as a director of various privately held companies. The Board believes that Mr. Schwarz should serve as a director of the Company due to his extensive business and investment expertise, broad director experience and significant direct and indirect shareholdings in the Company. The Chairman of the Board receives an annual retainer of $23,000 and the other non-employee directors receive an annual retainer of $17,000. Each non-employee director additionally receives a fee of $1,000 for each Board meeting attended and a fee of $250 for each committee meeting attended. Directors are also reimbursed for their reasonable expenses in connection with attending Board and committee meetings. The following table summarizes compensation earned by each person who served as a non-employee director at any time during fiscal 2018. Mark E. Schwarz (2) 28,500 -- 28,500
2020-06-01	Mark E. Schwarz, 59, became a director and Chairman of the Board of the Company in 2004. Mr. Schwarz is the Chairman, Chief Executive Officer and Portfolio Manager of Newcastle Capital Management, L.P. ("NCM"), a private investment management firm he founded in 1993. ... The Chairman of the Board receives an annual retainer of $23,000 and the other non-employee directors receive an annual retainer of $17,000. Each non-employee director additionally receives a fee of $1,000 for each Board meeting attended and a fee of $250 for each committee meeting attended. ... The following table summarizes compensation earned by each person who served as a non-employee director at any time during fiscal 2019. Mark E. Schwarz 30,750 ...
2020-10-23	Mark E. Schwarz, 60, became a director and Chairman of the Board of the Company in 2004. Mr. Schwarz is the Chairman, Chief Executive Officer and Portfolio Manager of Newcastle Capital Management, L.P. ("NCM"), a private investment management firm he founded in 1993. ... The Chairman of the Board receives an annual retainer of $23,000 and the other non-employee directors receive an annual retainer of $17,000. Each non-employee director additionally receives a fee of $1,000 for each Board meeting attended and a fee of $250 for each committee meeting attended. ... The following table summarizes compensation earned by and paid to each person who served as a non-employee director at any time during fiscal 2020. Mark E. Schwarz Fees Earned in Cash: 26,500; Fees Waived: (12,500); Option Awards: --; Total: 14,000.
2021-10-25	Mark E. Schwarz, 61, became a director and Chairman of the Board of the Company in 2004. Mr. Schwarz is the Chairman, Chief Executive Officer and Portfolio Manager of Newcastle Capital Management, L.P. ("NCM"), a private investment management firm he founded in 1993. The Board believes that Mr. Schwarz should serve as a director of the Company due to his extensive business and investment expertise, broad director experience and significant direct and indirect shareholdings in the Company. The Chairman of the Board receives an annual retainer of $23,000 and the other non-employee directors receive an annual retainer of $17,000. Each non-employee director additionally receives a fee of $1,000 for each Board meeting attended and a fee of $250 for each committee meeting attended. Directors are also reimbursed for their reasonable expenses in connection with attending Board and committee meetings. Mark E. Schwarz received $27,000 in fees earned in cash in fiscal 2021. He serves as Chairman of the Audit Committee and Compensation Committee.
2022-10-19	Mark E. Schwarz, 62, became a director and Chairman of the Board of the Company in 2004. Mr. Schwarz is the Chairman, Chief Executive Officer and Portfolio Manager of Newcastle Capital Management, L.P. ("NCM"), a private investment management firm he founded in 1993. NCM is the general partner of Newcastle Partners, L.P., which is the largest shareholder of the Company. (See, "Security Ownership of Certain Beneficial Owners, Directors and Executive Officers.") Mr. Schwarz is also Chief Executive Officer and Chairman of the board of directors of Hallmark Financial Services, Inc., a specialty property and casualty insurance company, and Executive Chairman of Wilhelmina International, Inc., a model management and talent representation company. He also serves as a director of various privately held companies. The Board believes that Mr. Schwarz should serve as a director of the Company due to his extensive business and investment expertise, broad director experience and significant direct and indirect shareholdings in the Company. The Chairman of the Board receives an annual retainer of $23,000 and the other non-employee directors receive an annual retainer of $17,000. Each non-employee director additionally receives a fee of $1,000 for each Board meeting attended and a fee of $250 for each committee meeting attended. Directors are also reimbursed for their reasonable expenses in connection with attending Board and committee meetings. In addition to an annual retainer and meeting fees, each non-employee director is eligible to receive awards under the 2015 LTIP. Pursuant to the 2015 LTIP, the Compensation Committee and full Board have authorized eligible directors to automatically be granted, as of the first day of the Company’s fiscal year, an option to purchase two shares of the Common Stock for each share purchased by such non-employee director during the preceding fiscal year of the Company (excluding shares purchased upon the exercise of previously granted options), up to a maximum grant of options to purchase 40,000 shares of the Common Stock. Stock options granted to non-employee directors under the 2015 LTIP have an exercise price equal to the market price of the Common Stock on the date of grant, are first exercisable one year after grant and expire to the extent unexercised after ten years. The following table summarizes compensation earned by and paid to each person who served as a non-employee director at any time during fiscal 2022. Name Fees Earned in Cash ($) Option Awards ($) Total ($) Mark E. Schwarz 27,250 — 27,250
2023-10-19	Mark E. Schwarz, 63, became a director and Chairman of the Board of the Company in 2004. Mr. Schwarz is the Chairman, Chief Executive Officer and Portfolio Manager of Newcastle Capital Management, L.P. ("NCM"), a private investment management firm he founded in 1993. ... The Chairman of the Board receives an annual retainer of $23,000, and the other non-employee directors receive an annual retainer of $17,000. Each non-employee director additionally receives a fee of $1,000 for each Board meeting attended and a fee of $250 for each committee meeting attended. ... The following table summarizes compensation earned by and paid to each person who served as a non-employee director at any time during fiscal 2023. Name: Mark E. Schwarz, Fees Earned in Cash ($): 28,000, Option Awards ($): 15,192, Total ($): 43,192.
2024-10-28	Mr. Schwarz is the Chairman, Chief Executive Officer and Portfolio Manager of Newcastle Capital Management, L.P., a private investment management firm he founded in 1993. He also serves as a director of various privately held companies.