Corporate Board Profile
Tech Score: 0/100
Filing Date | Source Excerpt |
---|---|
2002-01-03 | William J. Nance -- Mr. Nance is a Certified Public Accountant and private consultant to the real estate and banking industries. He also serves as President of Century Plaza Printer, Inc. Mr. Nance was first elected to the Board in 1984. He was appointed Treasurer in 1987 and has held that position since that time. Mr. Nance is also a Director of Santa Fe, Portsmouth and Healthy Planet. The Company's Administrative and Compensation Committee, reviews executive salaries and any stock based compensation plans. Mr. Nance is Chairman of the Administrative and Compensation Committee. The Company is a Small Business Filer under SEC rules. The Company's Audit Committee is comprised of Messrs. Nance (Chairperson) and Love, each of who are independent directors (as independence is defined in Rule 4200(a)(15) of the National Association of Securities Dealers' ("NASD") listing standards, as applicable and as may be modified or supplemented. Each of these directors also meets the financial management expertise test. The Audit Committee held five meetings during the 2001 Fiscal Year. On June 8, 2000, the Company's Board of Directors adopted a written charter for the Audit Committee. A copy of that written charter is attached as Appendix A to this proxy statement. |
2003-02-03 | William J. Nance -- Mr. Nance is a Certified Public Accountant and private consultant to the real estate and banking industries. He also serves as President of Century Plaza Printer, Inc. Mr. Nance was first elected to the Board in 1984. He was appointed Treasurer in 1987 and held that title until June 30, 2002. Mr. Nance is also a Director of Santa Fe, Portsmouth and Healthy Planet. The Company has an Executive Committee that meets in lieu of the Board upon the request of the Chairman of the Committee. Mr. Winfield is Chairman of the Executive Committee. The Committee held three meetings (in person, telephonically or by written consent) during the 2002 Fiscal Year. The Company's Administrative and Compensation Committee, reviews executive salaries and any stock based compensation plans. Mr. Nance is Chairman of the Administrative and Compensation Committee. This committee held one meeting during the 2002 Fiscal Year. This Committee also oversees the Company's two Stock Option Plans. The Company has a Real Estate Investment Committee, which is chaired by Mr. Nance. This committee held three meetings (in person, telephonically or by written consent) during the 2002 Fiscal Year. The Real Estate Investment Committee reviews and considers potential acquisitions and dispositions of property. The Company's Nominating Committee selects nominees for election or re-election of directors and officers. Mr. Jacobs is the Chairman of the Nominating Committee. The Committee held one meeting during the 2002 Fiscal Year. The Company is a Small Business Filer under SEC rules. The Company's Audit Committee is comprised of Messrs. Nance (Chairperson) and Love, each of who meet the independence requirements of the Securities and Exchange Commission and the National Association of Securities Dealers' ("NASD") Manual as modified or supplemented from time to time. Each of these directors also meets the financial management expertise test as defined by the Securities and Exchange Commission. The primary function of the Audit Committee is to assist the Board of Directors in fulfilling its responsibility of overseeing management's conduct of the financial reporting process, the annual independent audit of the Company's financial statements, reviewing the financial reports provided by the Company to any governmental body or the public; the Company's system of internal controls regarding finance, accounting, legal compliance and ethics that management and the Board have established; and the Company's auditing, accounting and financial processes generally. The Audit Committee held five meetings during the 2002 Fiscal Year. Compensation of Directors Each director is paid a fee of $1,500 per quarter for a total annual compensation of $6,000. The Chairman of the Board of Directors is eligible to receive $9,000 per annum. Directors also are eligible to receive $500 for each committee meeting attended and $600 for each committee meeting chaired. Members of the Audit Committee receive a fee of $500 per quarter. Directors who are also Executive Officers do not receive any fee for attending Board or Committee meetings. |
2004-01-29 | William J. Nance -- Mr. Nance is a Certified Public Accountant and private consultant to the real estate and banking industries. He is also President of Century Plaza Printers, Inc. Mr. Nance was first elected to the Board in 1984. He served as the Company's Chief Financial Officer from 1987 to 1990 and as Treasurer from 1987 to June 2002. Mr. Nance is also a Director of Santa Fe and Portsmouth. Pursuant to the Plan, the following non-employee directors of the Company were granted options during fiscal 2003 to purchase 3,000 shares each of the Common Stock of the Company: Josef A. Grunwald; William J. Nance; Mildred Bond Roxborough; Gary N. Jacobs; and John C. Love. The exercise price for the options is $11.23 per share, which was the closing price (adjusted for stock split) of the Company's Common Stock on the Nasdaq National Market System as of the date of grant on July 1, 2002. Each director is paid a fee of $1,500 per quarter for a total annual compensation of $6,000. The Chairman of the Board of Directors is eligible to receive $9,000 per annum. Directors also are eligible to receive $500 for each committee meeting attended and $600 for each committee meeting chaired. Members of the Audit Committee receive a fee of $500 per quarter. Directors who are also Executive Officers do not receive any fee for attending Board or Committee meetings. As an Executive Officer, the Company's Chairman has also elected to forego his annual board fee. |
2005-01-31 | William J. Nance -- Mr. Nance is a Certified Public Accountant and private consultant to the real estate and banking industries. He is also President of Century Plaza Printers, Inc. Mr. Nance was first elected to the Board in 1984. He served as the Company's Chief Financial Officer from 1987 to 1990 and as Treasurer from 1987 to June 2002. Mr. Nance is also a Director of Santa Fe and Portsmouth. The Company's Administrative and Compensation Committee is comprised of "independent" members of the Board of Directors as independence is defined by the applicable rules of the SEC and Nasdaq. The Committee reviews and recommends executive salaries and any stock based compensation plans. Mr. Nance is Chairman of the Administrative and Compensation Committee. This committee held two meetings during the 2004 Fiscal Year. This Committee also oversees the Company's two Stock Option Plans. The Company is a small business issuer under SEC rules. The Company's Audit Committee is currently comprised of three members: Directors Nance (Chairperson), Grunwald and Love, each of who meet the independence requirements of the SEC and Nasdaq as modified or supplemented from time to time. Directors Nance and Love also meet the Audit Committee Financial Expert requirement as defined by the SEC and Nasdaq. The primary function of the Audit Committee is to assist the Board of Directors in fulfilling its responsibility of overseeing management's conduct of the financial reporting process, the annual independent audit of the Company's financial statements, reviewing the financial reports provided by the Company to any governmental body or the public; the Company's system of internal controls regarding finance, accounting, legal compliance and ethics that management and the Board have established; and the Company's auditing, accounting and financial processes generally. The Audit Committee is also responsible for the selection and retention of the Company's independent auditors. The Audit Committee held six meetings during the 2004 Fiscal Year. |
2006-01-30 | William J. Nance (1) (2)(3)(4)(5)((6)(7) Director 61 Fiscal 2007 Annual Meeting (1) Member of the Executive Committee (2) Member of the Administrative and Compensation Committee (3) Member of the Audit Committee (4) Member of the Real Estate Investment Committee (5) Member of the Nominating Committee (6) Member of the Securities Investment Committee (7) Member of the Special Strategic Options Committee William J. Nance -- Mr. Nance is a Certified Public Accountant and private consultant to the real estate and banking industries. He is also President of Century Plaza Printers, Inc. Mr. Nance was first elected to the Board in 1984. He served as the Company's Chief Financial Officer from 1987 to 1990 and as Treasurer from 1987 to June 2002. Mr. Nance is also a Director of Santa Fe and Portsmouth. Mr. Nance also serves as a director of Goldspring, Inc., a public company. |
2007-01-26 | William J. Nance -- Mr. Nance is a Certified Public Accountant and private consultant to the real estate and banking industries. He is also President of Century Plaza Printers, Inc. Mr. Nance was first elected to the Board in 1984. He served as the Company's Chief Financial Officer from 1987 to 1990 and as Treasurer from 1987 to June 2002. Compensation of Directors Until December 31, 2006, each director was paid a fee of $1,500 per quarter for a total annual compensation of $6,000. Directors were also eligible to receive $500 for each committee meeting attended and $600 for each committee meeting chaired. Members of the Audit Committee also received a fee of $500 per quarter. Directors who are also Executive Officers did not receive any fee for attending Board or Committee meetings. |
2008-01-28 | William J. Nance -- Mr. Nance is a Certified Public Accountant and private consultant to the real estate and banking industries. He is also President of Century Plaza Printers, Inc. Mr. Nance was first elected to the Board in 1984. He served as the Company's Chief Financial Officer from 1987 to 1990 and as Treasurer from 1987 to June 2002. Mr. Nance is also a Director of Santa Fe and Portsmouth. Mr. Nance also serves as a director of Goldspring, Inc., a public company. DIRECTOR COMPENSATION Fees Earned or Paid Stock All Other Name in Cash(1) Awards(2) Compensation Total ----------------- --------- ---------- ------------ ------- William J. Nance $85,500(5) $10,944 - $96,444 (5) Mr. Nance also serves as a director of the Company's subsidiaries, Santa Fe and Portsmouth. Amounts shown include $8,000 in regular board and audit committee fees paid by Santa Fe and $8,000 in regular board and audit committee fees paid by Portsmouth. These amounts also include $54,000 in special hotel committee monthly fees and meeting fees paid to Mr. Nance by Portsmouth related to active oversight of the operations, renovations and repositioning of its Hotel asset. (1) Amounts shown include board retainer fees, committee fees and meeting fees. (2) Amounts shown reflect value of 600 shares of Common Stock awarded pursuant to the 2007 Stock Compensation Plan for Non-Employee Directors based on closing price of the Company's Common Stock of $18.24 on June 29, 2007. |
2009-01-21 | William J. Nance -- Mr. Nance is a Certified Public Accountant and private consultant to the real estate and banking industries. He is also President of Century Plaza Printers, Inc. Mr. Nance was first elected to the Board in 1984. He served as the Company's Chief Financial Officer from 1987 to 1990 and as Treasurer from 1987 to June 2002. Mr. Nance is also a Director of Santa Fe and Portsmouth. Mr. Nance also serves as a director of Goldspring, Inc., a public company. The Company has an Executive Committee that meets in lieu of the Board upon the request of the Chairman of the Committee. Mr. Winfield is Chairman of the Executive Committee. The Company's Administrative and Compensation Committee (the "Compensation Committee") is comprised of three "independent" members of the Board of Directors as independence is defined by the applicable rules of the SEC and NASDAQ. Mr. Nance serves as Chairman of the Compensation Committee. The Company has a Real Estate Investment Committee, which is chaired by Mr. Nance. The Company's Board of Directors has adopted a written charter for the Audit Committee, which is reviewed on an annual basis. A copy of that written charter, as amended, is attached as Appendix A to this proxy statement. DIRECTOR COMPENSATION William J. Nance $68,000(5) $18,000 - $86,000 (5) Mr. Nance also serves as a director of the Company's subsidiaries, Santa Fe and Portsmouth. Amounts shown include $8,000 in regular board and audit committee fees paid by Santa Fe and $8,000 in regular board and audit committee fees paid by Portsmouth. These amounts also include $30,000 in special hotel committee fees paid by Portsmouth related to the oversight its Hotel asset. |
2010-01-27 | William J. Nance -- Mr. Nance is a Certified Public Accountant and private consultant to the real estate and banking industries. He is also President of Century Plaza Printers, Inc. Mr. Nance was first elected to the Board in 1984. He served as the Company's Chief Financial Officer from 1987 to 1990 and as Treasurer from 1987 to June 2002. Mr. Nance is also a Director of Santa Fe and Portsmouth. Mr. Nance also serves as a director of Goldspring, Inc., a public company. The following table sets forth the compensation paid to directors for the fiscal year ended June 30, 2009. William J. Nance $68,000(5) $18,000(10) - $86,000 (5) Mr. Nance also serves as a director of the Company's subsidiaries, Santa Fe and Portsmouth. Amounts shown include $8,000 in regular board and audit committee fees paid by Santa Fe and $8,000 in regular board and audit committee fees paid by Portsmouth. These amounts also include $30,000 in special hotel committee fees paid by Portsmouth related to the oversight of its Hotel asset. |
2011-01-25 | William J. Nance -- Mr. Nance is a Certified Public Accountant and private consultant to the real estate and banking industries. He is also President of Century Plaza Printers, Inc. Mr. Nance was first elected to the Board in 1984. He served as the Company's Chief Financial Officer from 1987 to 1990 and as Treasurer from 1987 to June 2002. Mr. Nance is also a Director of Santa Fe and Portsmouth. Mr. Nance also serves as a director and Chairman of the Board of Comstock Mining, Inc. (formerly Goldspring, Inc.), a public company. Mr. Nance's extensive experience as a CPA and in numerous phases of the real estate industry, his business and management experience gained in running his own businesses, his service as a director and audit committee member for other public companies and his knowledge and understanding of finance and financial reporting, led to the Board's conclusion that he should serve as a director of the Company. The following table sets forth the compensation paid to directors for the fiscal year ended June 30, 2010: William J. Nance $68,000(4) $44,542(9) - $112,542 (9) Dollar amounts shown reflect the following: fair market value of $18,000 for 1,501 shares of common stock issued on July 1, 2009 pursuant to the Company's 2007 Stock Plan; fair market value of $16,987 for 1,937 shares of common stock issued on August 19, 2009 upon the vesting of 1,937 RSUs issued pursuant to the 2008 RSU Plan; and fair market value of $9,555 for 955 shares of common stock issued on January 7, 2010 upon the vesting of 955 RSUs issued pursuant to the 2008 RSU Plan. As of June 30, 2010, Mr. Nance also had an aggregate of 14,400 vested stock options outstanding and 641 RSUs that did not vest until October 1, 2010. |
2012-01-24 | William J. Nance — Mr. Nance is a Certified Public Accountant and private consultant to the real estate and banking industries. He is also President of Century Plaza Printers, Inc. Mr. Nance was first elected to the Board in 1984. He served as the Company’s Chief Financial Officer from 1987 to 1990 and as Treasurer from 1987 to June 2002. Mr. Nance is also a Director of Santa Fe and Portsmouth. Mr. Nance also serves as a director of Comstock Mining, Inc. Mr. Nance’s extensive experience as a CPA and in numerous phases of the real estate industry, his business and management experience gained in running his own businesses, his service as a director and audit committee member for other public companies and his knowledge and understanding of finance and financial reporting, led to the Board’s conclusion that he should serve as a director of the Company. Mr. Nance, Mr. Grunwald and Mr. Jacobs were the members of the Compensation Committee during fiscal year 2011. The Company’s Audit Committee is currently comprised of three members: Directors Nance (Chairperson), Grunwald and Love. The Audit Committee held six meetings during the 2011 Fiscal Year. For the fiscal year ended June 30, 2011, the four non-employee directors of the Company, Josef A. Grunwald, Gary N. Jacobs, John C. Love and William J. Nance, each received a grant of 1,179 shares of Common Stock pursuant to the 2007 Stock Plan. The following table sets forth the compensation paid to directors for the fiscal year ended June 30, 2011: William J. Nance Fees Earned or Paid in Cash $64,000, Stock Awards $29,179, Total $93,179. |
2013-01-22 | William J. Nance -- Mr. Nance is a Certified Public Accountant and private consultant to the real estate and banking industries. He is also President of Century Plaza Printers, Inc. Mr. Nance was first elected to the Board in 1984. He served as the Company’s Chief Financial Officer from 1987 to 1990 and as Treasurer from 1987 to June 2002. Mr. Nance is also a Director of Santa Fe and Portsmouth. Mr. Nance also serves as a director of Comstock Mining, Inc. Mr. Nance’s extensive experience as a CPA and in numerous phases of the real estate industry, his business and management experience gained in running his own businesses, his service as a director and audit committee member for other public companies and his knowledge and understanding of finance and financial reporting, led to the Board’s conclusion that he should serve as a director of the Company. The following table sets forth the compensation paid to directors for the fiscal year ended June 30, 2012: William J. Nance $64,000 in fees and $53,598 in stock awards, total $117,598. |
2014-01-27 | William J. Nance — Mr. Nance is a Certified Public Accountant and private consultant to the real estate and banking industries. He is also President of Century Plaza Printers, Inc. Mr. Nance was first elected to the Board in 1984. He served as the Company’s Chief Financial Officer from 1987 to 1990 and as Treasurer from 1987 to June 2002. Mr. Nance is also a Director of Santa Fe and Portsmouth. Mr. Nance also serves as a director of Comstock Mining, Inc. Mr. Nance’s extensive experience as a CPA and in numerous phases of the real estate industry, his business and management experience gained in running his own businesses, his service as a director and audit committee member for other public companies and his knowledge and understanding of finance and financial reporting, led to the Board’s conclusion that he should serve as a director of the Company. |
2015-01-20 | William J. Nance -- Mr. Nance is a Certified Public Accountant and private consultant to the real estate and banking industries. He is also President of Century Plaza Printers, Inc. Mr. Nance was first elected to the Board in 1984. He served as the Company’s Chief Financial Officer from 1987 to 1990 and as Treasurer from 1987 to June 2002. Mr. Nance is also a Director of Santa Fe and Portsmouth. Mr. Nance also serves as a director of Comstock Mining Inc. Mr. Nance’s extensive experience as a CPA and in numerous phases of the real estate industry, his business and management experience gained in running his own businesses, his service as a director and audit committee member for other public companies and his knowledge and understanding of finance and financial reporting, led to the Board’s conclusion that he should serve as a director of the Company. The following table sets forth the compensation paid to directors for the fiscal year ended June 30, 2014: William J. Nance: $198,000. |
2016-01-15 | William J. Nance -- Mr. Nance is a Certified Public Accountant ("CPA") and private consultant to the real estate and banking industries. ... The Audit Committee is currently comprised of three members: Mr. Nance (Chairperson), Mr. Love and Mr. Babin, each of whom meet the independence requirements of the SEC and NASDAQ. ... The following table sets forth the compensation paid to directors for the fiscal year ended June 30, 2015: ... William J. Nance, $102,000 total compensation. |
2017-01-30 | William J. Nance — Mr. Nance is a Certified Public Accountant ("CPA") and private consultant to the real estate and banking industries. He is also President of Century Plaza Printers, Inc. Mr. Nance was first elected to the Board in 1984. He served as the Company’s Chief Financial Officer from 1987 to 1990 and as Treasurer from 1987 to June 2002. Mr. Nance is also a director of Santa Fe and Portsmouth. Mr. Nance also serves as a director of Comstock. Mr. Nance’s extensive experience as a CPA and in numerous phases of the real estate industry, his business and management experience gained in running his own businesses, his service as a director and audit committee member for other public companies and his knowledge and understanding of finance and financial reporting, led to the Board’s conclusion that he should serve as a director of the Company. The Audit Committee is currently comprised of three members: Mr. Nance (Chairperson), Mr. Love and Mr. Babin, each of whom meet the independence requirements of the SEC and NASDAQ. The following table sets forth the compensation paid to directors for the fiscal year ended June 30, 2016: William J. Nance $76,000 cash + $26,000 stock awards + $200,000 other compensation = $302,000 total. |
2018-01-26 | William J. Nance — Mr. Nance is a Certified Public Accountant ("CPA") and private consultant to the real estate and banking industries. ... Mr. Nance was first elected to the Board in 1984. ... Mr. Nance previously served as the Company's Chief Financial Officer from 1987 to 1990 and as Treasurer from 1987 to 2002. ... The Company’s Administrative and Compensation Committee (the “Compensation Committee”) is comprised of “independent” members of the Board of Directors. Mr. Nance and Mr. Love were members of the Compensation Committee during fiscal year 2017. Mr. Nance serves as Chairman of the Compensation Committee. ... The Company’s Audit Committee is currently comprised of three members: Mr. Nance (Chairperson), Mr. Love and Mr. Babin. ... The Company’s Real Estate Investment Committee, which is chaired by Mr. Nance. ... The Company’s Nominating Committee ... Mr. Nance is the Chairman of the Nominating Committee. ... The following table sets forth the compensation paid to directors for the fiscal year ended June 30, 2017: William J. Nance $54,000. |
2019-01-15 | William J. Nance — Mr. Nance is a Certified Public Accountant ("CPA") and private consultant to the real estate and banking industries. ... The Company’s Administrative and Compensation Committee (the “Compensation Committee”) is comprised of “independent” members of the Board of Directors. Mr. Nance and Mr. Love were members of the Compensation Committee during fiscal year 2018. ... Mr. Nance serves as Chairman of the Compensation Committee. ... The Company’s Audit Committee is currently comprised of three members: Mr. Nance (Chairperson), Mr. Love and Mr. Babin. ... DIRECTOR COMPENSATION ... William J. Nance $56,000 ... Amounts shown include board retainer fees, committee fees and meeting fees. |
2020-01-28 | William J. Nance -- Mr. Nance is a Certified Public Accountant (“CPA”) and private consultant to the real estate and banking industries. ... Mr. Nance serves as Chairman of the Compensation Committee. ... The Company’s Audit Committee is currently comprised of three members: Mr. Nance (Chairperson), Mr. Love and Mr. Babin, each of whom meets the independence requirements of the SEC and NASDAQ. ... The following table sets forth the compensation paid to directors for the fiscal year ended June 30, 2019: William J. Nance $56,000. |
2021-04-13 | William J. Nance – Mr. Nance is a Certified Public Accountant (“CPA”) and private consultant to the real estate and banking industries. ... Mr. Nance serves as Chairman of the Compensation Committee. ... The Company’s Audit Committee is currently comprised of three members: Mr. Nance (Chairperson), Mr. Love and Mr. Babin, each of whom meets the independence requirements of the SEC and NASDAQ. ... William J. Nance $56,000 ... Amounts shown include $8,000 in regular board and audit committee fees paid by Santa Fe and $8,000 in regular board and audit committee fees paid by Portsmouth. |
2022-04-13 | William J. Nance is a Certified Public Accountant (“CPA”) and private consultant to the real estate and banking industries. He is also President of Century Plaza Printers, Inc. Mr. Nance was first elected to the Board in 1984. He served as the Company’s Chief Financial Officer from 1987 to 1990 and as Treasurer from 1987 to 2002. Mr. Nance is also a director of Portsmouth and serves as a director of Comstock Mining Inc. (NYSE MKT: LODE). Mr. Nance’s extensive experience as a CPA and in numerous phases of the real estate industry, his business and management experience gained in running his businesses, his service as a director and audit committee member for other public companies and his knowledge and understanding of finance and financial reporting, led to the Board’s conclusion that he should serve as a director of the Company. (2) Member of the Compensation Committee (3) Member of the Audit Committee (4) Member of the Executive Strategic Real Estate and Securities Investment Committee. The following table sets forth the compensation paid to directors for the fiscal year ended June 30, 2021: William J. Nance $54,000. |
2023-04-26 | William J. Nance Director Age 79 Member of the Compensation Committee Member of the Audit Committee Member of the Executive Strategic Real Estate and Securities Investment Committee |
2024-04-17 | William J. Nance – Mr. Nance is a Certified Public Accountant (“CPA”) and private consultant to the real estate and banking industries. He also founded Century Plaza Printers, Inc in 1979 and served as the President until 2022. Mr. Nance was first elected to the Board in 1984. He served as the Company’s Chief Financial Officer from 1987 to 1990 and as Treasurer from 1987 to 2002. Mr. Nance is also a director of Portsmouth and serves as a director of Comstock Mining Inc. (NYSE MKT: LODE). Mr. Nance’s extensive experience as a CPA and in numerous phases of the real estate industry, his business and management experience gained in running his businesses, his service as a director and audit committee member for other public companies and his knowledge and understanding of finance and financial reporting, led to the Board’s conclusion that he should serve as a director of the Company. |
2025-04-08 | Mr. Nance is a Certified Public Accountant (“CPA”) and private consultant to the real estate and banking industries. |
Filing Date | Source Excerpt |
---|---|
2002-01-03 | William J. Nance - Mr. Nance was first elected to the Board in May 1996. Mr. Nance is also a Director of Santa Fe. He is the President and CEO of Century Plaza Printers, Inc., a company he founded in 1979. He has also served as a consultant in the acquisition and disposition of multi-family and commercial real estate. Mr. Nance is a Certified Public Accountant and, from 1970 to 1976, was employed by Kenneth Leventhol & Company where he was a Senior Accountant specializing in the area of REITS and restructuring of real estate companies, mergers and acquisitions, and all phases of real estate development and financing. Mr. Nance is a Director and the Treasurer of InterGroup and has held such positions since 1984. Mr. Nance also serves as a Director of HPP, having first been elected on August 5, 1998. |
2003-02-03 | William J. Nance - Mr. Nance was first elected to the Board in May 1996. Mr. Nance is also a Director of Santa Fe. He is the President and CEO of Century Plaza Printers, Inc., a company he founded in 1979. He has also served as a consultant in the acquisition and disposition of multi-family and commercial real estate. Mr. Nance is a Certified Public Accountant and, from 1970 to 1976, was employed by Kenneth Leventhol & Company where he was a Senior Accountant specializing in the area of REITS and restructuring of real estate companies, mergers and acquisitions, and all phases of real estate development and financing. Mr. Nance is a Director of InterGroup and has held such position since 1984. Mr. Nance also serves as a Director of HPP, having first been elected on August 5, 1998. |
2004-01-27 | William J. Nance 59 Director, 1996 The Committee consists of all of the Directors of the Company, John V. Winfield (Chair), John C. Love and William J. Nance. The Company's Audit Committee is currently comprised of Messrs. Nance (Chairperson) and Love, each of whom are independent directors as independence is defined by the applicable rules of the SEC and the NASD, and as may be modified or supplemented. DIRECTOR COMPENSATION Each director is paid a fee of $1,500 per quarter for a total annual compensation of $6,000. Members of the Company's Audit Committee also receive a fee of $500 per quarter. |
2005-01-27 | William J. Nance -- Mr. Nance was first elected to the Board in May 1996. Mr. Nance is also a Director of Santa Fe. He is the President and CEO of Century Plaza Printers, Inc., a company he founded in 1979. He has also served as a consultant in the acquisition and disposition of multi-family and commercial real estate. Mr. Nance is a Certified Public Accountant and, from 1970 to 1976, was employed by Kenneth Leventhol & Company where he was a Senior Accountant specializing in the area of REITS and restructuring of real estate companies, mergers and acquisitions, and all phases of real estate development and financing. Mr. Nance is a Director of InterGroup and has held such position since 1984. BOARD AND COMMITTEE INFORMATION On March 17, 1998, the Company established a Securities Investment Committee to establish guidelines and to review the Company's investment policies. The Committee consists of all of the Directors of the Company, John V. Winfield (Chair), John C. Love and William J. Nance. Portsmouth is an unlisted company and small business issuer under SEC rules. The Company's Audit Committee is currently comprised of Messrs. Nance (Chairperson) and Love, each of whom are independent directors as independence is defined by the applicable rules of the SEC and the NASD, and as may be modified or supplemented. Each of these directors also meets the audit committee financial expert test. The bylaws of Portsmouth permit directors to be paid a fixed sum for attendance at each meeting of the Board or a stated salary as director. Each director is paid a fee of $1,500 per quarter for a total annual compensation of $6,000. This policy has been in effect since July 1, 1985. Members of the Company's Audit Committee also receive a fee of $500 per quarter. |
2007-01-26 | William J. Nance -- Mr. Nance was first elected to the Board in May 1996. ... The Securities Investment Committee consists of all of the Directors of the Company, John V. Winfield (Chair), John C. Love and William J. Nance. ... The Company's Audit Committee is currently comprised of Messrs. Nance (Chairperson) and Love, each of whom are independent directors ... Members of the Company's Audit Committee also receive a fee of $500 per quarter. ... The bylaws of Portsmouth permit directors to be paid a fixed sum for attendance at each meeting of the Board or a stated salary as director. Each director is paid a fee of $1,500 per quarter for a total annual compensation of $6,000. |
2008-01-28 | William J. Nance 63 Director, 1996 0(4) 0.0% DIRECTOR COMPENSATION TABLE Fees Earned or Paid All Other Name in Cash Compensation Total ----------------- ----------- ------------ ------- William J. Nance $62,000(1) - $62,000 The Company's Audit Committee is currently comprised of Messrs. Nance (Chairperson) and Love, each of whom are independent directors as independence is defined by the applicable rules of the SEC and the NASD, and as may be modified or supplemented. Each of these directors also meets the audit committee financial expert test. The members of the Securities Investment Committee are all of the Directors of the Company, John V. Winfield (Chair), John C. Love and William J. Nance. |
2009-01-21 | William J. Nance -- Mr. Nance was first elected to the Board in May 1996. Mr. Nance is also a Director of Santa Fe. He is the President and CEO of Century Plaza Printers, Inc., a company he founded in 1979. He has also served as a consultant in the acquisition and disposition of multi-family and commercial real estate. Mr. Nance is a Certified Public Accountant and, from 1970 to 1976, was employed by Kenneth Leventhol & Company where he was a Senior Accountant specializing in the area of REITS and restructuring of real estate companies, mergers and acquisitions, and all phases of real estate development and financing. Mr. Nance is a Director of InterGroup and has held such position since 1984. Mr. Nance also serves as a director of Goldspring, Inc., a public company. Director Compensation Table William J. Nance $38,000(1) - $38,000 (1) Amounts shown include regular Board fees, Audit Committee fees and Hotel Committee fees. Audit Committee. Portsmouth is an unlisted company and Smaller Reporting Company under SEC rules. The Company's Audit Committee is currently comprised of Messrs. Nance (Chairperson) and Love, each of whom are independent directors as independence is defined by the applicable rules of the SEC and the NASD, and as may be modified or supplemented. Each of these directors also meets the audit committee financial expert test. Hotel Committee. On February 26, 2004, the Board of Directors established a Hotel Committee to actively oversee the Company's interests in Justice Investors and the repositioning and operations of the Hotel asset. The members of the Special Committee are Directors John C. Love (Chair), William J. Nance and the Company's Vice President, Secretary and General Counsel, Michael G. Zybala. Securities Investment Committee. On March 17, 1998, the Company established a Securities Investment Committee to establish guidelines and to review the Company's investment policies. The Committee consists of all of the Directors of the Company, John V. Winfield (Chair), John C. Love and William J. Nance. |
2010-01-27 | William J. Nance -- Mr. Nance was first elected to the Board in May 1996. Mr. Nance is also a Director of Santa Fe. He is the President and CEO of Century Plaza Printers, Inc., a company he founded in 1979. He has also served as a consultant in the acquisition and disposition of multi-family and commercial real estate. Mr. Nance is a Certified Public Accountant and, from 1970 to 1976, was employed by Kenneth Leventhol & Company where he was a Senior Accountant specializing in the area of REITS and restructuring of real estate companies, mergers and acquisitions, and all phases of real estate development and financing. Mr. Nance is a Director of InterGroup and has held such position since 1984. Mr. Nance also serves as a director of Goldspring, Inc., a public company. |
2011-01-25 | William J. Nance -- Mr. Nance was first elected to the Board in May 1996. Mr. Nance is also a Director of Santa Fe having held that position since May 1996. He is the President and CEO of Century Plaza Printers, Inc., a company he founded in 1979. He has also served as a consultant in the acquisition and disposition of multi-family and commercial real estate. Mr. Nance is a Certified Public Accountant and, from 1970 to 1976, was employed by Kenneth Leventhal & Company where he was a Senior Accountant specializing in the area of REITS and restructuring of real estate companies, mergers and acquisitions, and all phases of real estate development and financing. Mr. Nance is a Director of InterGroup and has held such position since 1984. Mr. Nance also serves as a director and Chairman of the Board of Comstock Mining, Inc. (formerly Goldspring, Inc.), a public company. Mr. Nance's extensive experience as a CPA and in numerous phases of the real estate industry, his business and management experience gained in running his own businesses, his service as a director and audit committee member for other public companies and his knowledge and understanding of finance and financial reporting, led to the Board's conclusion that he should serve as a director of the Company. The Audit Committee is currently comprised of Messrs. Nance (Chairperson) and Love, each of whom are independent directors as independence is defined by the applicable rules and regulations of the SEC, and as may be modified or supplemented. Each of these directors also meets the audit committee financial expert test. The members of the Special Committee are Directors John C. Love (Chair), William J. Nance and the Company's Vice President, Secretary and General Counsel, Michael G. Zybala. The Securities Investment Committee consists of all of the Directors of the Company, John V. Winfield (Chair), John C. Love and William J. Nance. Director compensation table shows fees earned of $38,000 for fiscal year 2010. |
2012-01-23 | William J. Nance was first elected to the Board in May 1996. ... The Audit Committee is currently comprised of Messrs. Nance (Chairperson) and Love. ... Hotel Committee members are Directors John C. Love (Chair), William J. Nance and the Company’s Vice President, Secretary and General Counsel, Michael G. Zybala. ... Securities Investment Committee consists of all of the Directors of the Company, John V. Winfield (Chair), John C. Love and William J. Nance. ... DIRECTOR COMPENSATION TABLE ... William J. Nance $38,000 fees earned or paid in cash, total $38,000. |
2013-01-22 | William J. Nance was first elected to the Board in May 1996. ... The Audit Committee is currently comprised of Messrs. Nance (Chairperson) and Love, each of whom are independent directors ... The members of the Special Committee are Directors John C. Love (Chair), William J. Nance and the Company’s Vice President, Secretary and General Counsel, Michael G. Zybala. ... The Committee consists of all of the Directors of the Company, John V. Winfield (Chair), John C. Love and William J. Nance. ... Each director of the Company is paid a Board retainer fee of $1,500 per quarter for a total annual compensation of $6,000. Members of the Company’s Audit Committee also receive a fee of $500 per quarter. Directors and Committee members are also reimbursed for their out-of-pocket travel costs to attend meetings. ... For fiscal year ended June 30, 2012 each of the Committee members, who are directors, received monthly fees of $2,500. ... William J. Nance $38,000 total compensation. |
2014-01-27 | William J. Nance was first elected to the Board in May 1996. He is a Director of Santa Fe and InterGroup. He chairs the Audit Committee and serves on the Hotel Committee. The Director Compensation Table shows total compensation of $38,000 for fiscal year 2013. |
2015-01-22 | William J. Nance was first elected to the Board in May 1996. Mr. Nance is also a Director of Santa Fe. The Audit Committee is currently comprised of Messrs. Nance (Chairperson) and Love. The Hotel Committee members are Directors John C. Love (Chair), William J. Nance and Jerold R. Babin. The Securities Investment Committee consists of all of the Directors of the Company, John V. Winfield (Chair), John C. Love and William J. Nance. The following table provides information concerning compensation awarded to, earned by, or paid to the Company’s directors for the fiscal year ended June 30, 2014. William J. Nance received $94,000 in total fees. |
2016-01-19 | William J. Nance -- Mr. Nance was first elected to the Board in May 1996. ... The Audit Committee is currently comprised of Messrs. Nance (Chairperson) and Love, each of whom are independent directors ... The members of the Hotel Committee are Directors John C. Love (Chair), William J. Nance and Jerold R. Babin. ... The Securities Investment Committee consists of all of the directors of the Company, John V. Winfield (Chair), John C. Love and William J. Nance. ... DIRECTOR COMPENSATION TABLE ... William J. Nance ... $50,000 ... |
2017-01-30 | William J. Nance — Mr. Nance was first elected to the Board in May 1996. ... Portsmouth’s Audit Committee is currently comprised of members Nance (Chairperson) and Love, each of whom are independent directors ... The members of the Hotel Committee are Directors John C. Love (Chair), William J. Nance and Jerold R. Babin. ... The members of the Securities Investment Committee consists of all of the directors of the Company, John V. Winfield (Chair), John C. Love and William J. Nance. ... The following table provides information concerning compensation awarded to, earned by, or paid to the Company’s directors for the fiscal year ended June 30, 2016. ... William J. Nance ... $250,000 ... Mr. Nance received regular Board fees, Audit Committee fees and Hotel Committee fees, and $200,000 in connection with the redemption of limited partnership interests of Justice. |
2018-01-26 | Mr. Nance was first elected to the Board in May 1996. Mr. Nance is also a Director of Santa Fe having held that position since May 1996. He is the President and CEO of Century Plaza Printers, Inc., a company he founded in 1979. He has also served as a consultant in the acquisition and disposition of multi-family and commercial real estate. Mr. Nance is a CPA and, from 1970 to 1976, was employed by Kenneth Leventhal & Company where he was a Senior Accountant specializing in the area of REITS and restructuring of real estate companies, mergers and acquisitions, and all phases of real estate development and financing. Mr. Nance is a director of InterGroup and has held such position since 1984. Mr. Nance also serves as a director of Comstock. Mr. Nance’s extensive experience as a CPA and in numerous phases of the real estate industry, his business and management experience gained in running his own businesses, his service as a director and audit committee member for other public companies and his knowledge and understanding of finance and financial reporting, led to the Board’s conclusion that he should serve as a director of the Company. The Audit Committee is currently comprised of members Nance (Chairperson) and Love, each of whom are independent directors in accordance with Rule 10A-3 of the Securities Exchange Act of 1934, as amended (the “Exchange Act”). Each of these directors also meets the audit committee financial expert test based on their qualifications and business experience discussed above. The Securities Investment Committee consists of all of the directors of the Company, John V. Winfield (Chair), John C. Love and William J. Nance. On February 26, 2004, the Board of Directors established a Hotel Committee to actively oversee the Company’s interests in Justice and the repositioning and operations of the Hotel. The members of the Hotel Committee were directors John C. Love (Chair), William J. Nance and Jerold R. Babin. Mr. Love and Mr. Nance each received $3,500 per month and Mr. Babin $500 per month for serving on the Hotel Committee. In June 2016, the Hotel Committee was terminated. The following table provides information concerning compensation awarded to, earned by, or paid to the Company’s directors for the fiscal year ended June 30, 2017. William J. Nance $8,000. |
2019-01-15 | Mr. Nance was first elected to the Board in May 1996. Mr. Nance is also a Director of Santa Fe having held that position since May 1996. He is the President and CEO of Century Plaza Printers, Inc., a company he founded in 1979. He has also served as a consultant in the acquisition and disposition of multi-family and commercial real estate. Mr. Nance is a CPA and, from 1970 to 1976, was employed by Kenneth Leventhal & Company where he was a Senior Accountant specializing in the area of REITS and restructuring of real estate companies, mergers and acquisitions, and all phases of real estate development and financing. Mr. Nance is a director of InterGroup and has held such position since 1984. Mr. Nance also serves as a director of Comstock. Mr. Nance’s extensive experience as a CPA and in numerous phases of the real estate industry, his business and management experience gained in running his own businesses, his service as a director and audit committee member for other public companies and his knowledge and understanding of finance and financial reporting, led to the Board’s conclusion that he should serve as a director of the Company. Audit Committee: Mr. Nance is Chairperson of the Audit Committee. DIRECTOR COMPENSATION TABLE: William J. Nance Fees Earned or Paid in Cash $8,000, which includes regular Board fees and Audit Committee fees. |
2020-01-17 | William J. Nance was first elected to the Board in May 1996. ... The Audit Committee is currently comprised of members Nance (Chairperson) and Love, each of whom are independent directors per Rule 10A-3 of the Securities Exchange Act of 1934, as amended (the “Exchange Act”). ... The following table provides information concerning compensation awarded to, earned by, or paid to the Company’s directors for the fiscal year ended June 30, 2019. ... William J. Nance $8,000 ... Amounts shown include regular Board fees and Audit Committee fees. |
2021-04-13 | William J. Nance was first elected to the Board in May 1996. ... The Board of Directors has nominated ... William J. Nance ... The Compensation Committee is currently comprised of members Nance (Chairperson), Grunwald, and Love. ... The Audit Committee is currently comprised of members Nance (Chairperson) and Love, each of whom are independent directors per Rule 10A-3 of the Securities Exchange Act of 1934, as amended (the “Exchange Act”). ... The following table provides information concerning compensation awarded to, earned by, or paid to the Company’s directors for the fiscal year ended June 30, 2020. ... William J. Nance $8,000 ... Amounts shown include regular Board fees and Audit Committee fees. |
2022-04-13 | William J. Nance was first elected to the Board in May 1996. ... Mr. Nance’s extensive experience as a CPA and in numerous phases of the real estate industry, his business and management experience gained in running his businesses, his service as a director and audit committee member for other public companies, and his knowledge and understanding of finance and financial reporting, led to the Board’s conclusion that he should serve as a director of the Company. ... The Compensation Committee is currently comprised of members Nance (Chairperson), Grunwald, and Love. ... The Audit Committee is currently comprised of members Nance (Chairperson) and Love, each of whom are independent directors per Rule 10A-3 of the Securities Exchange Act of 1934, as amended (the “Exchange Act”). ... Each director of the Company is paid a Board retainer fee of $1,500 per quarter for total annual compensation of $6,000. Members of the Audit Committee also receive a fee of $500 per quarter. ... The following table provides information concerning compensation awarded to, earned by, or paid to the Company’s directors for the fiscal year ended June 30, 2021. William J. Nance Fees Earned $8,000. |
2023-04-26 | Mr. Nance was first elected to the Board in May 1996. He is a CPA and has extensive experience in real estate and finance. He serves as Chairperson of the Compensation Committee and Chairperson of the Audit Committee. The Director Compensation Table shows his total annual compensation as $8,000, which includes Board and Audit Committee fees. |
2024-04-17 | Mr. Nance was first elected to the Board in May 1996. The Compensation Committee is currently comprised of members Nance (Chairperson), Grunwald, and Love. The Audit Committee is currently comprised of members Nance (Chairperson), Grunwald, and Love. The Director Compensation Table shows William J. Nance's total compensation as $8,000 for the fiscal year ended June 30, 2023. |
2025-04-08 | Mr. Nance’s extensive experience as a CPA and in numerous phases of the real estate industry. |
Data sourced from SEC filings. Last updated: 2025-07-01