RICHARD SCHAUM - Corporate Board Profile

GENTEX CORP

Filing Date	Source Excerpt
2011-04-04	Mr. Schaum has affirmatively been identified as an independent director by the Board of Directors, if elected. No director compensation listed as he is a nominee.
2012-04-03	Mr. Schaum has been General Manager of 3rd Horizon Associates LLC... Mr. Schaum has been affirmatively identified as an independent director by the Board of Directors. He is currently a director and a member of the Corporate Governance Committee of BorgWarner, Inc.... He is also on the Board of Directors and is a member of the Audit and Compensation Committees of Sterling Construction, Inc.
2013-04-05	Mr. Schaum has been affirmatively identified as an independent director by the Board of Directors. Mr. Schaum serves on the Companys Compensation Committee.
2014-03-31	Richard Schaum has extensive executive and management experience, is a fellow of the Society of Automotive Engineers, and serves on the Board of Directors and Audit and Compensation Committees of other companies. He is an independent director. Director Compensation for 2013: Fees Earned or Paid in Cash $30,500, Option Awards $54,297, Total $84,797.
2015-04-02	Mr. Schaum has been General Manager of 3rd Horizon Associates LLC, a technology assessment and development company, since May 2003. From October 2003 until June 2005, he was Vice President and General Manager of Vehicle Systems for WaveCrest Laboratories, Inc., a startup company involved in the commercialization of proprietary electric propulsion systems. Prior to that, for more than thirty years, he was with DaimlerChrysler Corporation, and its predecessor, Chrysler Corporation, including as Executive Vice President, Product Development, and General Manager of Powertrain Operations. His responsibilities over those years included product development, manufacturing, program management and quality. Mr. Schaum is a fellow of the Society of Automotive Engineers and served as its President from 2007 to 2008. He is currently a director and a member of the Corporate Governance Committee of BorgWarner, Inc., a publicly-traded company that manufactures and sells technologies for engines and drive trains. He is also on the Board of Directors and is a member of the Audit and Compensation Committees of Sterling Construction, Inc., a heavy civil construction company. Mr. Schaum has extensive executive and management experience at all levels in a Fortune 100 company, and more recent experience with an entrepreneurial start-up company, as well as knowledge of, and interest in, corporate governance matters, gained on the board of a Fortune 500 company. In addition, his technical background and operating experience contribute to the breadth and depth of the Board's interactions and deliberations. Mr. Schaum has been affirmatively identified as an independent director by the Board of Directors. Mr. Schaum serves on the Company's Audit and Compensation Committees.
2016-04-04	Mr. Schaum has been affirmatively identified as an independent director by the Board of Directors. Mr. Schaum serves on the Company's Audit and Compensation Committees.
2017-04-03	Mr. Schaum has been affirmatively identified as an independent director by the Board of Directors. Mr. Schaum serves on the Company's Audit and Compensation Committees.
2018-04-03	Mr. Schaum has been affirmatively identified as an independent director by the Board of Directors. Mr. Schaum serves on the Company's Audit and Compensation Committees.
2019-04-02	Mr. Schaum has been affirmatively identified as an independent director by the Board of Directors. He is chair of the Company's Compensation Committee and serves on the Company's Audit Committee.
2020-04-06	Mr. Schaum has been affirmatively identified as an independent director by the Board. He is Chair of the Company's Compensation Committee and serves on the Company's Audit Committee.
2021-04-09	Mr. Schaum has been affirmatively identified as an independent director by the Board. He is Chair of the Company's Compensation Committee and serves on the Company's Audit Committee.
2022-04-08	Mr. Richard Schaum (75) Director since 2011 Mr. Schaum has been General Manager of 3rd Horizon Associates LLC, a technology assessment and development company, since May 2003. From October 2003 until June 2005, he was Vice President and General Manager of Vehicle Systems for WaveCrest Laboratories, Inc., a startup company involved in the commercialization of proprietary electric propulsion systems. Prior to that, for more than thirty years, he was with DaimlerChrysler Corporation, and its predecessor, Chrysler Corporation, serving in various positions including Executive Vice President, Product Development, and General Manager of Powertrain Operations, a $7 billion business with 11 plants and 23,000 employees. Mr. Schaum is a fellow of the Society of Automotive Engineers and served as its Chairman and President from 2007 to 2008. He has also previously served on the Board of Directors of BorgWarner, Inc. and Sterling Construction Co. Mr. Schaum has been affirmatively identified as an independent director by the Board. He is Chair of the Company's Compensation Committee and serves on the Company's Audit Committee.
2023-04-06	Mr. Richard Schaum (76) Director since 2011. Mr. Schaum has been General Manager of 3rd Horizon Associates LLC, a technology assessment and development company, since May 2003. From October 2003 until June 2005, he was Vice President and General Manager of Vehicle Systems for WaveCrest Laboratories, Inc., a startup company involved in the commercialization of proprietary electric propulsion systems. Prior to that, for more than thirty years, he was with DaimlerChrysler Corporation, and its predecessor, Chrysler Corporation, serving in various positions including Executive Vice President, Product Development, and General Manager of Powertrain Operations, a $7 billion business with 11 plants and 23,000 employees. Mr. Schaum is a fellow of the Society of Automotive Engineers and served as its Chairman and President from 2007 to 2008. He has also previously served on the Board of Directors of BorgWarner, Inc. and Sterling Construction Co. Mr. Schaum has been affirmatively identified as an independent director by the Board. He is Chair of the Board, Chair of the Company's Compensation Committee, and serves on the Company's Audit Committee.
2024-04-04	Mr. Schaum has been affirmatively identified as an independent director by the Board. He is Chair of the Board and Chair of the Company's Compensation Committee. Director Compensation for 2023: Richard Schaum Fees Earned or Paid in Cash $200,625, Stock Awards $132,708, All Other Compensation $2,192, Total $335,525.
2025-04-03	Mr. Schaum has been General Manager of 3rd Horizon Associates LLC, a technology assessment and development company, and was Vice President and General Manager of Vehicle Systems for WaveCrest Laboratories, Inc.