ROBERT KLUGE - Corporate Board Profile

RICHARDSON ELECTRONICS, LTD.

Filing Date	Source Excerpt
2020-08-24	Robert Kluge, age 74, has been a director of the Company since October 2017. He has served as the General Manager, and later as President of the Imaging Components Business at Varian Medical Systems, Inc. from February 1993 to February 2014 and as a Corporate Senior Vice President. He served as General Manager of X-Ray Products for Picker International from 1988 to 1993 and oversaw the diagnostic X-Ray product line, including X-Ray systems for Radiographic, R&F and Vascular applications, and was later given expanded responsibility for X-ray tubes. Mr. Kluge began his career in 1973 with General Electric Medical Systems as a participant in the Financial Management Program. He held a number of management positions at GE, including Service Business Marketing Manager and General Manager of Marketing and Strategy for the X-Ray Tube business. Mr. Kluge holds a B.S. in Economics and an MBA in Finance from the University of Wisconsin. Mr. Kluge’s qualifications to serve on our Board of Directors include his significant management experience in the design and manufacturing of diagnostic imaging components including CT tubes and flat panel detectors, and his extensive knowledge of marketing, strategy and general management. The Board of Directors has determined that Messrs. Belin, Benham, Halverson, Kluge and Plante are independent as defined by Nasdaq listing standards. All members of the Audit, Compensation & Governance and Nominating Committees are independent in accordance with applicable laws and Nasdaq rules for members of such committees. During our last fiscal year, the Board of Directors had four standing committees: the Audit Committee, Compensation & Governance Committee, Executive Committee and Nominating Committee. During our last fiscal year, the members and chair of each committee were as follows: Robert Kluge Audit Committee, Compensation Committee, Executive Committee. Non-employee directors receive a quarterly retainer of $4,500, meeting fees of $1,000 for each Audit Committee meeting and $750 for Board and other committee meetings. The Chairman of the Audit Committee receives an additional quarterly retainer of $1,500. Upon joining the Board, new directors receive a grant of 25,000 common stock options that vest over five years. After the five-year period, directors receive an annual grant of 5,000 common stock options that are fully vested on the date of grant. Fiscal Year 2020 Director Compensation Table The following table shows compensation information for each of our non-employee directors during fiscal 2020. Robert Kluge $ 29,500 $ 4,050 $ 33,550
2021-08-23	Robert Kluge, age 75, has been a director of the Company since October 2017. ... Mr. Kluge’s qualifications to serve on our Board of Directors include his significant management experience in the design and manufacturing of diagnostic imaging components including CT tubes and flat panel detectors, and his extensive knowledge of marketing, strategy and general management. ... During our last fiscal year, the members and chair of each committee were as follows: Robert Kluge - Audit, Compensation & Governance, Executive. Fiscal Year 2021 Director Compensation Table shows Robert Kluge received total compensation of $33,450.
2022-08-22	Robert Kluge, age 76, has been a director of the Company since October 2017. He has served as the General Manager, and later as President of the Imaging Components Business at Varian Medical Systems, Inc. from February 1993 to February 2014 and as a Corporate Senior Vice President.
2023-08-24	Robert Kluge, age 77, has been a director of the Company since October 2017. ... Mr. Kluge’s qualifications to serve on our Board of Directors include his significant management experience in the design and manufacturing of diagnostic imaging components including CT tubes and flat panel detectors, and his extensive knowledge of marketing, strategy and general management. ... The Audit Committee of the Board of Directors has determined that Messrs. Belin, Benham, Halverson, Kluge and Plante are independent as defined by Nasdaq listing standards. ... During our last fiscal year, the members and chair of each committee were as follows: Robert Kluge - Audit, Compensation & Governance, Executive. ... Fiscal Year 2023 Director Compensation Table shows Robert Kluge total compensation $55,950.
2024-08-23	Mr. Kluge holds a B.S. in Economics and an MBA in Finance from the University of Wisconsin. Mr. Kluge’s qualifications to serve on our Board of Directors include his significant management experience in the design and manufacturing of diagnostic imaging components.