RICHARD M. HUTSON II - Corporate Board Profile

INVESTORS TITLE CO

Filing Date	Source Excerpt
2008-04-16	Richard M. Hutson II is a practicing attorney and, since 2006, has been the principal of Hutson Law Office, P.A., the successor firm to Hutson, Hughes and Powell. P.A. in Durham, North Carolina. Mr. Hutson served as a principal of Hutson, Hughes and Powell P.A. from 1993 to 2006. Mr. Hutson has been engaged in the practice of law since 1965 and has assisted the Company in various matters since its formation in 1972. He has experience in representing clients in many areas with an emphasis in business law and corporate restructuring. Additionally, he has served in leadership roles of local and national professional and civic organizations. Mr. Hutson is a past Chairman of the Durham Chamber of Commerce and presently is Chairman of the Board of LC Industries, a non-profit organization and the largest employer of visually handicapped persons in the United States.
2009-04-17	In 2008, the Compensation Committee was composed of Mr. Hutson, Mr. Morton and Mr. Parker. Mr. Loren Harrell served on the Compensation Committee until the end of his term in May, 2008, at which time Mr. Hutson joined the Compensation Committee. The Compensation Committee met three times in 2008. The Board of Directors has determined that each member of the Compensation Committee is "independent" as defined under applicable NASDAQ listing standards. 2008 Director Compensation table shows Richard M. Hutson II earned $7,500 in fees and $4,599 in stock awards, totaling $12,099.
2010-04-06	The Compensation Committee was composed of Mr. Hutson, Mr. Morton and Mr. Parker. The Nominating Committee was composed of Mr. Francis, Mr. Hutson and Mr. Johnson. 2009 Director Compensation: Richard M. Hutson II $15,088 total.
2011-04-18	Richard M. Hutson II is a practicing attorney and, since 2006, has been the principal of Hutson Law Office, P.A., the successor firm to Hutson, Hughes and Powell. P.A. in Durham, North Carolina. Mr. Hutson has been engaged in the practice of law since 1965 and served as a principal of Hutson, Hughes and Powell P.A. from 1993 to 2006. Additionally, he has served in leadership roles of local and national professional and civic organizations. Mr. Hutson is a past Chairman of the Durham Chamber of Commerce, and during the past five years, has served on the Board of Directors of Investors Title Company (since 2008) and on the Board of Directors of LC Industries, a non-profit organization and the largest employer of visually handicapped persons in the United States, where he is presently Chairman of the Board. Mr. Hutson has assisted the Company in various matters beginning with its formation in 1972 and has extensive experience in corporate and business law as well as corporate restructuring and governance matters.
2012-04-11	Richard M. Hutson II is a practicing attorney... The Compensation Committee was composed of Mr. Hutson, Mr. Morton and Mr. Speed. Richard M. Hutson II serves as the Lead Independent Director.
2013-04-11	Richard M. Hutson II is a practicing attorney and, since 2006, has been the principal of Hutson Law Office, P.A., the successor firm to Hutson, Hughes and Powell. P.A. in Durham, North Carolina. Mr. Hutson has been engaged in the practice of law since 1965 and served as a principal of Hutson, Hughes and Powell P.A. from 1993 to 2006. The Compensation Committee was composed of Mr. Hutson, Mr. Morton and Mr. Speed. The Compensation Committee met once in 2012. The Board of Directors has determined that each member of the Compensation Committee is "independent" as defined under applicable NASDAQ listing standards. The Nominating Committee was composed of Mr. Hutson, Mr. Johnson and Mr. Speed. The Nominating Committee met two times in 2012. The Board of Directors has determined that each member of the Company’s Nominating Committee is "independent" as defined under applicable NASDAQ listing standards. Richard M. Hutson II serves as the Lead Independent Director. The following table shows the compensation earned by each non-employee director for 2012: Richard M. Hutson II: $25,007.
2014-04-10	Richard M. Hutson II is a practicing attorney and, since 2006, has been the principal of Hutson Law Office, P.A., the successor firm to Hutson, Hughes and Powell. P.A. in Durham, North Carolina. Mr. Hutson has been engaged in the practice of law since 1965 and served as a principal of Hutson, Hughes and Powell P.A. from 1993 to 2006. Additionally, he has served in leadership roles of local and national professional and civic organizations. Mr. Hutson is a past Chairman of the Durham Chamber of Commerce, and during the past five years, has served on the Board of Directors of Investors Title Company and on the Board of Directors of LC Industries, a non-profit organization and the largest employer of visually handicapped persons in the United States, where he is presently Chairman of the Board. Mr. Hutson has assisted the Company in various matters beginning with its formation in 1972 and has extensive experience in corporate and business law as well as corporate restructuring and governance matters.
2015-04-14	Richard M. Hutson II serves as the Lead Independent Director. The Compensation Committee was composed of Mr. Hutson, Mr. Morton and Mr. Speed. The following table shows the compensation earned by each non-employee director for 2014: Richard M. Hutson II $34,744 total compensation.
2016-04-12	Richard M. Hutson II is a practicing attorney and, since 2006, has been the principal of Hutson Law Office, P.A., the successor firm to Hutson, Hughes and Powell P.A. in Durham, North Carolina. Mr. Hutson has been engaged in the practice of law since 1965 and served as a principal of Hutson, Hughes and Powell P.A. from 1993 to 2006. Additionally, he has served in leadership roles of local and national professional and civic organizations. Mr. Hutson is a past Chairman of the Durham Chamber of Commerce and, during the past five years, has served on the Board of Directors of Investors Title Company and on the Board of Directors of LC Industries, a non-profit organization and the largest employer of visually handicapped persons in the United States, where he is presently Chairman of the Board. Mr. Hutson has assisted the Company in various matters beginning with its formation in 1972 and has extensive experience in corporate and business law as well as corporate restructuring and governance matters. Richard M. Hutson II, James R. Morton and James H. Speed, Jr. served on the Compensation Committee in the fiscal year ended December 31, 2015. During fiscal 2015, the Nominating Committee was composed of Mr. Speed, Mr. Hutson and Mr. Johnson. 2015 Director Compensation table shows Richard M. Hutson II earned $37,960 in total.
2017-04-13	Richard M. Hutson II is a practicing attorney and, since 2006, has been the principal of Hutson Law Office, P.A., the successor firm to Hutson, Hughes and Powell P.A. in Durham, North Carolina. ... Mr. Hutson has assisted the Company in various matters beginning with its formation in 1972 and has extensive experience in corporate and business law as well as corporate restructuring and governance matters. ... Richard M. Hutson II, James R. Morton and James H. Speed, Jr. served on the Compensation Committee in the fiscal year ended December 31, 2016. ... The following table shows the compensation earned by each non-employee director for fiscal 2016: Richard M. Hutson II 39,517.
2018-04-13	Richard M. Hutson II serves as the Lead Independent Director... The Compensation Committee was composed of Mr. Hutson, Mr. Morton and Mr. Speed... The 2017 Director Compensation table shows Richard M. Hutson II earned $51,553 in total compensation.
2019-04-15	Richard M. Hutson II is a practicing attorney and, since 2006, has been the principal of Hutson Law Office, P.A., the successor firm to Hutson, Hughes and Powell P.A. in Durham, North Carolina. Mr. Hutson has been engaged in the practice of law since 1965 and served as a principal of Hutson, Hughes and Powell P.A. from 1993 to 2006. Additionally, he has served in leadership roles of local and national professional and civic organizations and during the past five years, has served on the Board of Directors of Investors Title Company. Richard M. Hutson II served on the Compensation Committee in the fiscal year ended December 31, 2018. The Compensation Committee was composed of Mr. Hutson, Mr. Morton and Mr. Speed. The Compensation Committee met two times during fiscal 2018. The Nominating Committee was composed of Mr. Speed, Mr. Hutson and Mr. Johnson. The Nominating Committee met two times during fiscal 2018. The following table shows the compensation earned by each non-employee director for fiscal 2018: Richard M. Hutson II total compensation $69,605.
2020-04-13	Richard M. Hutson II is a practicing attorney... He has served on the Board of Directors since 2008. He serves on Audit, Compensation and Nominating Committees. Director compensation table shows total $72,855 for 2019.
2021-04-12	Richard M. Hutson II is a practicing attorney and, since 2006, has been the principal of Hutson Law Office, P.A., the successor firm to Hutson, Hughes and Powell P.A. in Durham, North Carolina. Mr. Hutson has been engaged in the practice of law since 1965 and served as a principal of Hutson, Hughes and Powell P.A. from 1993 to 2006. Additionally, he has served in leadership roles of local and national professional and civic organizations and during the past five years, has served on the Board of Directors of Investors Title Company. Mr. Hutson was selected and qualified to serve on the Board of Directors because he has extensive experience in corporate and business law, corporate restructuring and governance matters, as well as in depth knowledge of the Company’s business as he has assisted the Company in various matters beginning with its formation in 1972. The Compensation Committee. During fiscal 2020, the Compensation Committee was composed of Mr. Hutson, Mr. Morton and Mr. Speed. The Audit Committee. During fiscal 2020, the Audit Committee was composed of Mr. Francis, Mr. Hutson and Mr. Speed until May 20, 2020 when Ms. Coley and Mr. Parker were appointed to the Audit Committee to replace Mr. Hutson and Mr. Speed. On that same date, Mr. Parker was appointed Chairman of the Audit Committee. The following table shows the compensation earned by each non-employee director for fiscal 2020: Richard M. Hutson II 23,000 0 28,265 51,265
2022-04-12	Richard M. Hutson II serves as the Lead Independent Director. The Compensation Committee was composed of Mr. Hutson, Mr. Morton and Mr. Speed. 2021 Director Compensation table shows Richard M. Hutson II total compensation as $59,833.
2023-04-11	Richard M. Hutson II serves as the Lead Independent Director. The Compensation Committee was composed of Mr. Hutson, Mr. Morton and Mr. Speed until July 2022. 2022 Director Compensation table shows Richard M. Hutson II earned $68,640.
2024-04-12	Mr. Hutson was selected and qualified to serve on the Board of Directors because he has extensive experience in corporate and business law, corporate restructuring, and governance matters, as well as in depth knowledge of the Company’s business as he has assisted the Company in various matters beginning with its formation in 1972.