S. CRAIG BEAM - Corporate Board Profile

PEOPLES BANCORP INC

Filing Date	Source Excerpt
2019-03-08	S. Craig Beam, 67, Co-Owner of Thorobeam Farm, LLC, a thoroughbred horse business headquartered in Sabina, Ohio, since 2006, and private investor since his retirement in 1999. He sold his sand, gravel and stone production business in 1999 after 28 years of ownership and operation. He was a member of the Board of Directors of NB&T Financial Group, Inc., a bank holding company headquartered in Wilmington, Ohio (“NB&T”), from 1990 until March 6, 2015, when NB&T merged into Peoples. During that time, he served on and chaired NB&T’s Compensation Committee, and Nominating and Corporate Governance Committee. Mr. Beam was one of the two former NB&T directors selected by Peoples to join the Board as required by the merger agreement.
2020-03-10	S. Craig Beam Age: 68 Director Continuously Since: 2015 Co-Owner of Thorobeam Farm, LLC... The Audit Committee is currently comprised of five directors: George W. Broughton; S. Craig Beam; David F. Dierker (Chair); Brooke W. James; and David L. Mead. The Compensation Committee is currently comprised of four directors: Tara M. Abraham; S. Craig Beam; David L. Mead; and Susan D. Rector (Chair). The Risk Committee is currently comprised of eight directors: Tara M. Abraham; S. Craig Beam; George W. Broughton; David F. Dierker; James S. Huggins (Chair); Brooke W. James; David L. Mead; and Susan D. Rector. DIRECTOR COMPENSATION FOR 2019 S. Craig Beam $35,487 fees earned or paid in cash, $35,200 stock awards, $72 all other compensation, total $70,759.
2021-03-09	S. Craig Beam Age: 69 Director Continuously Since: 2015 Co-Owner of Thorobeam Farm, LLC, a thoroughbred horse business headquartered in Sabina, Ohio, since 2006, and private investor since his retirement in 1999. He sold his sand, gravel and stone production business in 1999 after 28 years of ownership and operation. He was a member of the Board of Directors of NB&T Financial Group, Inc., a bank holding company headquartered in Wilmington, Ohio (“NB&T”), from 1990 until March 6, 2015, when NB&T merged into Peoples. During that time, he served on and chaired both NB&T’s Compensation Committee, and its Nominating and Corporate Governance Committee. Mr. Beam was one of the two former NB&T directors selected by Peoples to join the Board as required by the merger agreement between Peoples and NB&T. Mr. Beam brings to the Board many years of experience as a board member of a publicly-traded bank holding company and an in-depth knowledge of the southwest Ohio markets served by Peoples. The Audit Committee is currently comprised of five directors: David F. Dierker (Chair); S. Craig Beam; George W. Broughton; James S. Huggins; and David L. Mead. Each of these directors, with the exception of Mr. Huggins, served as a member of the Audit Committee throughout the entire 2020 fiscal year. Mr. Huggins was appointed as a member of the Audit Committee on April 23, 2020. Brooke W. James served as a member of the Audit Committee in 2020 from January 1, 2020 until April 23, 2020. The Board has determined that each of the current members of the Audit Committee qualifies, and that during her period of service in the 2020 fiscal year, Ms. James qualified, as an independent director for purposes of Rule 10A-3 under the Exchange Act and under the applicable Nasdaq Rules. The Compensation Committee is currently comprised of six directors: Tara M. Abraham; S. Craig Beam; George W. Broughton (Chair), Brooke W. James, David L. Mead; and Susan D. Rector. Each of these directors, with the exception of Mr. Broughton and Ms. James, served as a member of the Compensation Committee throughout the entire 2020 fiscal year. Ms. James was appointed as a member of the Compensation Committee on April 23, 2020, and Mr. Broughton was appointed as a member of the Compensation Committee on November 1, 2020. Ms. Rector served as Chair of the Compensation Committee throughout 2020 until November 19, 2020, when Mr. Broughton was appointed as Chair of the Compensation Committee. The Risk Committee is currently comprised of eight directors: Tara M. Abraham; S. Craig Beam; George W. Broughton; David F. Dierker; James S. Huggins (Chair); Brooke W. James; David L. Mead; and Susan D. Rector. Each of these directors served as members of the Risk Committee throughout the entire 2020 fiscal year. During 2020, the Board determined that each of the members of the Risk Committee qualified as an independent director under applicable Nasdaq Rules. 2020 Fiscal Year The Compensation Committee believes the combination of cash and equity-based compensation (in the form of unrestricted common shares) in its director compensation model promotes independent decision-making on the part of directors as the common shares have immediate value, unlike stock options or similar forms of equity-based awards. During 2020, each director of Peoples, other than Mr. Sulerzyski, received a retainer at an annual rate of $47,500 paid in quarterly installments. Each installment of the annual retainer was paid 60% in cash and 40% in the form of the number of unrestricted common shares with an equivalent fair market value at the time of payment. Additionally, during the first quarter of 2020, each director of Peoples, other than Mr. Sulerzyski, received an additional retainer of $15,000 paid 100% in the form of the number of unrestricted common shares with an equivalent fair market value at the time of payment. The common shares issued for director compensation are reported in the “Stock Awards” column of the “DIRECTOR COMPENSATION FOR 2020” table found on page 64 of this Proxy Statement. In 2020, the Chairs of the Compensation, Governance and Nominating, and Risk Committees each received an additional retainer at an annual rate of $5,000 paid in quarterly installments. In 2020, the Chair of the Audit Committee received an additional retainer at an annual rate of $10,000 paid in quarterly installments. Each installment of these additional annual retainers was paid 60% in cash and 40% in the form of the number of unrestricted common shares with an equivalent fair market value at the time of payment. In 2020, the Chairman of the Board received an additional retainer at an annual rate of $25,000 paid in quarterly installments. Each installment of the additional annual retainer was paid 60% in cash and 40% in the form of the number of unrestricted common shares with an equivalent fair market value at the time of payment. All directors of Peoples are also directors of Peoples Bank. Directors receive compensation for their service as Peoples Bank directors in addition to the compensation received for their service as directors of Peoples. During 2020, each director of Peoples, other than Mr. Sulerzyski, received for service as a director of Peoples Bank a retainer at an annual rate of $12,000 paid in quarterly installments, with 60% of each installment paid in cash and 40% paid in the form of the number of unrestricted common shares with an equivalent fair market value at the time of payment. The director compensation described above is reflected in the “DIRECTOR COMPENSATION FOR 2020” table found on page 64 of this Proxy Statement. The Compensation Committee believes the compensation paid to directors is commensurate with the level of responsibility and accountability of each director and is appropriate to maintain the caliber of directors necessary to promote long-term shareholder value based upon periodic review of director compensation data from the Peer Group described in the section captioned “EXECUTIVE COMPENSATION: COMPENSATION DISCUSSION AND ANALYSIS” beginning on page 27 of this Proxy Statement. Mr. Sulerzyski received no compensation as a director of Peoples or Peoples Bank during the 2020 fiscal year. Directors who travel a distance of 50 miles or more to attend a Board or Board committee meeting of Peoples or Peoples Bank receive a $150 travel fee. A single travel fee of $150 is paid for multiple meetings occurring on the same day or consecutive days. Directors who travel a distance of 500 miles or more (round trip) to attend a Board or Board committee meeting are reimbursed for the actual cost of reasonable travel expenses including coach class airfare, car rental and other usual and customary travel expense in lieu of the $150 fee. Directors who stay overnight to attend a meeting are reimbursed for the actual cost of their overnight accommodations. Peoples believes these fees and reimbursements are reasonable and partially offset travel expenses incurred by those directors living outside the Marietta, Ohio area, where Board and Board committee meetings are typically held.
2022-03-17	S. Craig Beam Age: 70 Director Continuously Since: 2015 Co-Owner of Thorobeam Farm, LLC, a thoroughbred horse business headquartered in Sabina, Ohio, since 2006, and private investor since his retirement in 1999. He sold his sand, gravel and stone production business in 1999 after 28 years of ownership and operation. He was a member of the Board of Directors of NB&T Financial Group, Inc., a bank holding company headquartered in Wilmington, Ohio (“NB&T”), from 1990 until March 6, 2015, when NB&T merged into Peoples. During that time, he served on and chaired both NB&T’s Compensation Committee, and NB&T's Nominating and Corporate Governance Committee. Mr. Beam was one of the two former NB&T directors selected by Peoples to join the Board as required by the merger agreement between Peoples and NB&T. Mr. Beam brings to the Board many years of experience as a board member of a publicly-traded bank holding company and an in-depth knowledge of the southwest Ohio markets served by Peoples. The Audit Committee is currently comprised of six directors: S. Craig Beam; George W. Broughton; David F. Dierker (Chair); James S. Huggins; Frances A. Skinner; and Michael N. Vittorio. The Compensation Committee is currently comprised of six directors: Tara M. Abraham; S. Craig Beam (Chair); Brooke W. James; Susan D. Rector; Frances A. Skinner; and Michael N. Vittorio. The Executive Committee is currently comprised of seven directors: S. Craig Beam; George W. Broughton; David F. Dierker; James S. Huggins; Brooke W. James; Susan D. Rector (Chair); and Charles W. Sulerzyski. The Risk Committee is currently comprised of nine directors: Tara M. Abraham; S. Craig Beam; George W. Broughton; David F. Dierker; James S. Huggins (Chair); Brooke W. James; Susan D. Rector; Frances A. Skinner; and Michael N. Vittorio.
2023-03-10	S. Craig Beam Age: 71 Director Continuously Since: 2015 Co-Owner of Thorobeam Farm, LLC, a thoroughbred horse business headquartered in Sabina, Ohio, since 2006, and private investor since his retirement in 1999. Mr. Beam sold his sand, gravel and stone production business in 1999 after 28 years of ownership and operation. He was a member of the Board of Directors of NB&T Financial Group, Inc., a bank holding company headquartered in Wilmington, Ohio (“NB&T”), from 1990 until March 6, 2015, when NB&T merged into Peoples. During that time, he served on and chaired both NB&T’s Compensation Committee, and NB&T's Nominating and Corporate Governance Committee. Mr. Beam was one of the two former NB&T directors selected by Peoples to join the Board as required by the merger agreement between Peoples and NB&T. Mr. Beam brings to the Board many years of experience as a board member of a publicly-traded bank holding company and an in-depth knowledge of the southwest Ohio markets served by Peoples. The Audit Committee is currently comprised of seven directors: S. Craig Beam; George W. Broughton; David F. Dierker (Chair); James S. Huggins; Kevin R. Reeves; Frances A. Skinner; and Michael N. Vittorio. Each of these directors, with the exception of Mr. Reeves, served as a member of the Audit Committee throughout the entire 2022 fiscal year. Mr. Reeves was appointed as a member of the Audit Committee on April 28, 2022. The Compensation Committee is currently comprised of six directors: Tara M. Abraham; S. Craig Beam (Chair); Brooke W. James; Susan D. Rector; Frances A. Skinner; and Michael N. Vittorio. Each of these directors served as a member of the Compensation Committee throughout the entire 2022 fiscal year. The Risk Committee is currently comprised of eleven directors: Tara M. Abraham; S. Craig Beam; George W. Broughton; David F. Dierker; James S. Huggins (Chair); Brooke W. James; Susan D. Rector; Kevin R. Reeves, Frances A. Skinner; Charles W. Sulerzyski; and Michael N. Vittorio. Each of these directors served as members of the Risk Committee throughout the entire 2022 fiscal year with the exception of Mr. Reeves and Mr. Sulerzyski. Compensation paid to directors for service during the 2022 fiscal year as directors of Peoples and Peoples Bank is summarized below. S. Craig Beam Fees Earned or Paid in Cash($) 54,050 Stock Awards($) 46,250 All Other Compensation($) 36 Total($) 100,336
2024-03-12	The Audit Committee is currently comprised of eight directors: S. Craig Beam; ... The Compensation Committee is currently comprised of nine directors: Tara M. Abraham; S. Craig Beam (Chair); ... The Executive Committee is currently comprised of six directors: S. Craig Beam; ... The Risk Committee is currently comprised of 13 directors: Tara M. Abraham; S. Craig Beam; ... Compensation paid to directors for service during the 2023 fiscal year as directors of Peoples and Peoples Bank is summarized below. S. Craig Beam $54,650 Fees Earned or Paid in Cash, $46,250 Stock Awards, $36 All Other Compensation, $100,936 Total.
2025-03-07	Mr. Beam brings to the Board many years of experience as a board member of a publicly-traded bank holding company and an in-depth knowledge of the southwest Ohio markets served by Peoples.