ALBERT V. RUSSO - Corporate Board Profile

AMREP CORP.

Filing Date	Source Excerpt
2004-08-04	Albert V. Russo 50 1996 Managing Partner, Russo Associates, Pioneer Realty, 401 Broadway Realty Company and related real estate entities; Partner, American Simlex Company, textile exports.
2005-08-16	Albert V. Russo 51 1996 Managing Partner, Russo Associates, Pioneer Realty, 401 Broadway Realty Company and related real estate entities; Partner, American Simlex Company, textile exports. The current members of the Committee are Messrs. Cloues, Karabots (Chairman) and Russo, and it held four meetings during the last fiscal year.
2006-08-14	The current members of the Committee are Messrs. Cloues, Karabots and Russo, and it held five meetings during the last fiscal year.
2007-08-23	ALBERT V. RUSSO, age 53, has been a director of the Company since 1996... The current members of the Compensation and Human Resources Committee are Messrs. Cloues, Karabots (Chairman) and Russo... The current members of the Executive Committee are Messrs. Cloues, Karabots and Russo... Director Compensation table shows Albert V. Russo total compensation as $115,100.
2008-08-20	ALBERT V. RUSSO, age 54, has been a director of the Company since 1996. ... The current members of the Executive Committee are Messrs. Cloues, Karabots and Russo. ... The current members of the Independent Committee are Messrs. Russo, Seidman and Weller. ... The members of this Committee are Messrs. Cloues, Karabots (Chairman) and Russo, and it held six meetings during the last fiscal year. ... The current members of this Committee are Messrs. Coombs (Chairman), Seidman and Weller. ... 2008 Director Compensation ... Albert V. Russo 92,000 92,000.
2009-08-14	ALBERT V. RUSSO, age 55, has been a director of the Company since 1996. ... The current members of the Executive Committee are Messrs. Cloues, Karabots and Russo. ... The following table summarizes the compensation earned by the Company's directors for fiscal 2009: Albert V. Russo 91,000
2010-08-17	ALBERT V. RUSSO, age 56, has been a director of the Company since 1996... The current members of the Executive Committee are Messrs. Cloues, Karabots and Russo... The members of this Committee are Messrs. Cloues, Karabots (Chairman) and Russo... The following table summarizes the compensation earned by the Company’s directors for fiscal 2010: Albert V. Russo 91,000
2011-08-12	ALBERT V. RUSSO, age 57, has been a director of the Company since 1996. Mr. Russo is the Managing Partner of real estate entities Russo Associates and Pioneer Realty and is a Partner of American Simlex Company, a textile exporter, and has held these positions for more than the past five years. ... The current members of the Executive Committee are Messrs. Cloues, Karabots and Russo. ... The members of this Committee are Messrs. Cloues, Karabots (Chairman) and Russo, and during the last fiscal year it held four formal meetings and met periodically on an informal basis. ... The members of the Independent Committee are Messrs. Russo, Seidman and Weller. ... The following table summarizes the compensation earned by the Company’s directors for fiscal 2011: ... Albert V. Russo 93,000 93,000.
2012-08-29	ALBERT V. RUSSO, age 58, has been a director of the Company since 1996... The Board has an Executive Committee... The current members of the Executive Committee are Messrs. Cloues, Karabots and Russo... The Compensation and Human Resources Committee... The members of this Committee are Messrs. Cloues, Karabots (Chairman) and Russo... The following table summarizes the compensation earned by the Company’s directors for fiscal 2012: Albert V. Russo 95,000
2013-08-15	ALBERT V. RUSSO, age 59, has been a director of the Company since 1996... The members of the Executive Committee are Messrs. Cloues, Gaasche and Russo... The members of the Nominating and Corporate Governance Committee are Messrs. Cloues (Chairman), Coombs, Russo, Seidman and Weller... The members of the Compensation and Human Resources Committee are Messrs. Cloues, Russo and Weller (Chairman)... Albert V. Russo 93,500.
2014-08-07	ALBERT V. RUSSO, age 60, has been a director of the Company since 1996. ... Mr. Russo is the Managing Partner of real estate entities Russo Associates and Pioneer Realty and is a Partner of American Simlex Company, a textile exporter, and has held these positions for more than the past five years. ... Mr. Russo has been involved in the ownership and management of commercial real estate for more than 25 years and contributes to the Board his specialized knowledge of the real estate business.
2015-08-06	ALBERT V. RUSSO, age 61, has been a director of the Company since 1996. Mr. Russo is the Managing Partner of real estate entities Russo Associates and Pioneer Realty and is a Partner of American Simlex Company, a textile exporter, and has held these positions for more than the past five years. Mr. Russo is also the Managing Partner of 401 Broadway Building, a real estate company which acquired its principal asset in 2006 from a court appointed receiver for 401 Broadway Realty Company, of which he was a general partner, in connection with the resolution of a dispute among the partners. Mr. Russo has been involved in the ownership and management of commercial real estate for more than 25 years and contributes to the Board his specialized knowledge of the real estate business. The members of the Nominating and Corporate Governance Committee are Messrs. Cloues (Chairman), Coombs, Russo and Weller. Compensation for the non-employee members of the Board is approved by the Board. Each non-employee member of the Board is paid an annual fee of $80,000 in equal quarterly installments and an additional $1,500 for each Board meeting attended in person or by telephone at meetings called for attendance in person and $500 for each Board meeting attended by telephone unless, in the case of a telephonic meeting, the Board determines that the meeting and attendant preparation were so brief that no payment is warranted. Additionally, the Chairmen of the Audit Committee and the Compensation and Human Resources Committee are each paid an annual fee of $7,500, and each other member of those Committees is paid an annual fee of $5,000, in equal quarterly installments. The members of the Nominating and Corporate Governance Committee serve without additional compensation. During fiscal 2015, Mr. Russo waived certain compensation otherwise payable to him as a member of the Board. The following table summarizes the compensation earned by the Company’s directors for fiscal 2015: Albert V. Russo: $48,000.
2016-08-05	ALBERT V. RUSSO, age 62, has been a director of the Company since 1996. Mr. Russo is the Managing Partner of real estate entities Russo Associates and Pioneer Realty and is a Partner of American Simlex Company, a textile exporter, and has held these positions for more than the past five years. Mr. Russo is also the Managing Partner of 401 Broadway Building, a real estate company which acquired its principal asset in 2006 from a court appointed receiver for 401 Broadway Realty Company, of which he was a general partner, in connection with the resolution of a dispute among the partners. Mr. Russo has been involved in the ownership and management of commercial real estate for more than 25 years and contributes to the Board his specialized knowledge of the real estate business.
2017-08-07	ALBERT V. RUSSO, age 63, has been a director of the Company since 1996. ... The members of this Committee are Messrs. Cloues (Chairman), Robotti and Russo, each of whom has been determined by the Board to be an independent director within the meaning of the Governance Standards. ... The following table summarizes the compensation earned by the Company’s directors for fiscal 2017: Albert V. Russo 60,000 Fees Earned or Paid in Cash, 15,000 Stock Awards, Total 75,000.
2018-08-03	ALBERT V. RUSSO, age 64, has been a director of the Company since 1996. The members of the Nominating and Corporate Governance Committee are Messrs. Cloues (Chairman), Robotti and Russo. The members of the Audit Committee are Messrs. Cloues (Chairman), Robotti and Russo. The members of the Compensation and Human Resources Committee are Messrs. Robotti (Chairman), Cloues and Russo. Compensation table shows Albert V. Russo earned total $80,000 in fiscal 2018.
2019-08-02	Albert V. Russo, age 65, has been a director of the Company since 1996... The members of the Nominating and Corporate Governance Committee are Messrs. Cloues (Chairman), Robotti and Russo... The members of the Audit Committee are Messrs. Cloues (Chairman), Robotti and Russo... The members of the Compensation and Human Resources Committee are Messrs. Robotti (Chairman), Cloues and Russo... The following table summarizes the compensation earned by the Company’s directors for fiscal 2019: Albert V. Russo Fees Earned or Paid in Cash ($) 60,000, Stock Awards ($) 20,000, Total ($) 80,000.
2020-07-31	ALBERT V. RUSSO, age 66, has been a director of the Company since 1996. ... The following table summarizes the compensation earned by the Company’s directors for fiscal 2020: Albert V. Russo Fees Earned or Paid in Cash $35,000 Stock Awards $25,000 Total $60,000
2021-08-03	ALBERT V. RUSSO, age 67, has been a director of the Company since 1996. ... The members of the Nominating and Corporate Governance Committee are Messrs. Cloues (Chairman), Robotti and Russo. ... The members of the Audit Committee are Messrs. Cloues (Chairman), Robotti and Russo. ... The members of the Compensation and Human Resources Committee are Messrs. Robotti (Chairman), Cloues and Russo. ... The following table summarizes the compensation earned by the Company’s directors for fiscal 2021: Albert V. Russo Fees Earned or Paid in Cash $30,000, Stock Awards $30,000, Total $60,000.
2022-08-01	ALBERT V. RUSSO, age 68, has been a director of the Company since 1996. ... Mr. Russo is the Managing Partner of real estate entities 401 Broadway Building, Russo Associates and Pioneer Realty and has held these positions for more than the past five years. ... The members of the Nominating and Corporate Governance Committee are Messrs. Cloues (Chairman), Robotti and Russo, each of whom has been determined by the Board to be an independent director within the meaning of the Governance Standards. ... The members of the Audit Committee are Messrs. Cloues (Chairman), Robotti and Russo, each of whom has been determined by the Board to be an independent director within the meaning of the Governance Standards. ... The members of the Compensation and Human Resources Committee are Messrs. Robotti (Chairman), Cloues and Russo, each of whom has been determined by the Board to be an independent director within the meaning of the Governance Standards. ... The following table summarizes the compensation earned by the Company’s directors for fiscal 2022: Albert V. Russo Fees Earned or Paid in Cash $30,000 Stock Awards $30,000 Total $60,000.
2023-08-02	ALBERT V. RUSSO, age 69, has been a director of the Company since 1996. ... The members of the Nominating and Corporate Governance Committee are Messrs. Cloues (Chairman), Robotti and Russo, each of whom has been determined by the Board to be an independent director within the meaning of the Governance Standards. ... The members of the Audit Committee are Messrs. Cloues (Chairman), Robotti and Russo, each of whom has been determined by the Board to be an independent director within the meaning of the Governance Standards. ... The members of the Compensation and Human Resources Committee are Messrs. Robotti (Chairman), Cloues and Russo, each of whom has been determined by the Board to be an independent director within the meaning of the Governance Standards. ... Albert V. Russo total compensation for 2023 was $60,000.
2024-08-01	Mr. Russo is the Managing Partner of real estate entities and has been involved in the ownership and management of commercial real estate for more than 25 years.