THOMAS J. MARUSAK - Corporate Board Profile

Soluna Holdings, Inc

Filing Date	Source Excerpt
2005-05-10	Mr. Marusak, 54, was appointed to MTI's Board of Directors on December 16, 2004. Since 1986, Mr. Marusak has been President of Comfortex Corporation, an internationally recognized manufacturer of window blinds and specialty shades and is the current Chairman of New York's Capital Region Center for Economic Growth.
2006-03-27	Mr. Marusak, was appointed to MTI's Board of Directors on December 16, 2004. The Compensation, Nominating and Governance Committee consists of Dr. Robb, Mr. Marusak and Mr. O'Connor.
2007-04-23	Thomas J. Marusak, Director, age 56, Director since 2004. Member of the Governance, Compensation and Nominating Committee. Compensation for 2006 was $58,750.
2008-04-08	Thomas J. Marusak has served as a director since December 2004. DIRECTOR COMPENSATION FOR FISCAL YEAR 2007: Thomas J. Marusak - Fees Earned or Paid in Cash: $7,000, Option Awards: $51,558, Other Compensation: $0, Total: $58,558. He is a member of the Governance, Compensation, and Nominating Committee.
2009-04-30	Thomas J. Marusak has served as a director since December 2004. Mr. Marusak has served as President of Comfortex Corporation since 1986. The Audit Committee consists of Mr. Phelan (Chairman), Mr. O'Connor and Mr. Marusak. The Governance, Compensation and Nominating Committee consists of Mr. O'Connor (Chairman), Mr. Marusak and Mr. Phelan. The Board of Directors adopted a new compensation plan for non-management directors that eliminated the quarterly cash retainer compensation of $12,000 per year, after reducing it from $16,000 per year, on March 13, 2007. The Board of Directors determined in November 2008 to waive any compensation for the Company’s non-management directors for fiscal 2008.
2010-04-28	DIRECTOR COMPENSATION FOR FISCAL YEAR 2009: Thomas J. Marusak (1) Fees Earned or Paid in Cash ($): —, Option Awards ($): 12,356, Other Compensation: —, Total ($): 12,356. (1) As of December 31, 2009, Mr. Marusak had 31,147 options outstanding and exercisable. Member of the Audit Committee and Governance, Compensation and Nominating Committee.
2011-04-28	Thomas J. Marusak has served as a director since December 2004. Since 1986, Mr. Marusak has served as President of Comfortex Corporation, an internationally recognized manufacturer of window blinds and specialty shades. Mr. Marusak served with New York’s Capital Region Center for Economic Growth as Chairman of the Technology Council from June 2001 to July 2004 and Chairman of the Board of Directors from July 2004 until December 2005. Mr. Marusak served as a director for the New York State Energy and Development Authority from 1999 to 2005. Mr. Marusak also represented the interests of small- and medium-sized manufacturing businesses of New York as a delegate at the White House in 1995. He was previously a member of the Advisory Board of Directors for Key Bank of New York from 1996 through 2004, and served on the Advisory Boards of Dynabil Industries Inc. and Clough Harbour Associates Technology Services Company of Albany from 2000 through 2005. Mr. Marusak received a B.S. in Engineering from Pennsylvania State University, and an M.S. in Engineering from Stanford University. Mr. Marusak brings technical development, manufacturing experience, product development and introduction, financial accounting, and human resources expertise to the board, as well as relevant experience in committee and board service. Directors’ Compensation: Thomas J. Marusak (1) — Fees Earned or Paid in Cash ($): —, Option Awards ($): 8,031, Other Compensation: —, Total ($): 8,031.
2012-04-27	The Audit Committee consists of Mr. Phelan (Chairman), Mr. OConnor, Mr. Marusak and Mr. Lynch. The Board has determined that the current members of the Audit Committee are independent directors as defined under Rule 5605(a)(2) of the Nasdaq Stock Market Inc. Rules (Nasdaq Rules). The Governance, Compensation and Nominating Committee consists of Mr. OConnor, Mr. Marusak and Mr. Phelan, who are all independent directors as defined under Rule 5605(a)(2) of the Nasdaq Rules. Mr. OConnor is Chairman of the Governance, Compensation, and Nominating Committee.
2013-04-26	Thomas J. Marusak has served as a director since December 2004. ... (1) Member of the Audit Committee (2) Member of the Governance, Compensation and Nominating Committee. ... Director compensation table shows Thomas J. Marusak received $10,000 fees earned or paid in cash, $3,425 option awards, total $13,425.
2014-04-25	The Audit Committee during 2013 consisted of Mr. Phelan (Chairman), Mr. Marusak and Mr. OConnor. The Audit Committee during 2014 consists of Mr. Michaels (Chairman), Mr. Marusak and Mr. Phelan. The Board has determined that the 2013 and 2014 current members of the Audit Committee are independent directors as defined under Rule 5605(a)(2) of the listing rules of the Nasdaq Stock Market LLC (Nasdaq Rules).
2015-04-24	Thomas J. Marusak has served as a director since December 2004. ... Mr. Marusak serves on the Audit Committee and Compensation Committee. ... Director compensation total was $23,846 in 2014.
2016-04-22	Thomas J. Marusak has served as a director since December 2004. ... The Audit Committee consists of Mr. Michaels (Chairman), Mr. Marusak and Mr. Phelan. ... The Compensation Committee consists of Mr. Marusak (Chairman), Mr. O’Connor and Mr. Phelan. ... DIRECTOR COMPENSATION FOR FISCAL YEAR 2015 ... Thomas J. Marusak ... $10,000 fees earned or paid in cash, $21,746 option awards, total $31,746.
2017-04-21	Thomas J. Marusak has served as a director since December 2004. ... Member of the Audit Committee until October 20, 2016. Member of the Compensation Committee during calendar 2016. ... Director compensation for fiscal year 2016: $10,000 fees earned or paid in cash, $17,019 option awards, total $27,019.
2018-04-20	Thomas J. Marusak has served as a director since December 2004. He is Chairman of the Compensation Committee during calendar 2017. Director compensation for fiscal year 2017 was $10,000.
2021-02-22	Thomas J. Marusak received $10,000 in fees earned or paid in cash in 2020 and 15,465 in restricted stock awards. As of December 31, 2020, Mr. Marusak had 44,500 options outstanding, 38,250 of which were exercisable.
2021-05-18	Thomas J. Marusak has served as a member of the Board since December 2004. He is Chairman of the Compensation Committee and a member of the Governance and Nominating Committee. Directors who are not employees receive $10,000 per year in cash compensation plus additional stock awards of $15,310.
2021-10-07	Thomas J. Marusak (3) ... Directors who are also our employees, if any, are not compensated for serving on the Board. On January 14, 2020, the Board’s Compensation Committee authorized non-employee directors to continue to receive cash compensation of $10,000 per year ... Mr. Marusak had 44,500 options outstanding
2022-04-13	Thomas J. Marusak has served as a member of the Board since December 2004. ... Member of the Compensation Committee. ... Member of the Nominating and Corporate Governance Committee. ... The following table details the total compensation of the directors for the fiscal year ended December 31, 2021 for service as a director. ... Thomas J. Marusak 23,750 83,250 200,032 307,032
2022-09-19	Thomas J. Marusak is listed as a director in the stock ownership table.
2023-02-10	Thomas J. Marusak is listed as a Non-Employee Director.
2023-05-30	Thomas J. Marusak has served as a member of the Board since December 2004. ... Mr. Marusak brings technical development, manufacturing experience, product development and introduction, financial accounting, and human resources expertise to the Board, ... Member of the Audit Committee. Member of the Nominating and Corporate Governance Committee. ... The following table details the total compensation of the directors for the fiscal year ended December 31, 2022 for service as a director. ... Thomas J. Marusak 25,000 442,390 74,219 541,609 ... The amounts reported in the Fees Earned or Paid in Cash column reflect the cash fees earned by the directors in 2022, ... The amount equals 41,000 shares of restricted stock units for Mr. Marusak ... multiplied by the closing price of such shares on January 14, 2022, the award date.
2024-04-29	Thomas J. Marusak has served as a member of the Board since December 2004... The Audit Committee as of the date of this report consists of Messrs. Marusak (Chair), Hirshfield, Phelan, and Bottomley... The Nominating and Corporate Governance Committee consists of Messrs.. Hirshfield (Chairman), Hazelip and Marusak... The following table details the total compensation of the directors for the fiscal year ended December 31, 2023 for service as a director... Thomas J. Marusak 35,000
2024-10-28	Thomas J. Marusak is listed as a non-employee director.