ALTON R. NEAL - Corporate Board Profile

OLD MARKET CAPITAL Corp

Filing Date	Source Excerpt
2001-07-03	Alton R. Neal 55 Mr. Neal has served as a director of the Company since May 17, 2000. ... The Audit Committee is presently comprised of Messrs. Neal (Chair) and Hyman, each of whom is "independent" (as defined under applicable NASD rules).
2002-06-26	Alton R. Neal..............55 Mr. Neal has served as a director of the Company since May 17, 2000 ... The Audit Committee is presently comprised of Messrs. Neal (Chair) and Hyman, each of whom is "independent" ... Directors who are not executive officers of the Company each receive an annual retainer of $2,000 plus $500 per Board of Directors meeting or committee meeting attended.
2003-08-07	Alton R. Neal 56 Mr. Neal has served as a director of the Company since May 17, 2000. He has been in the private practice of law since 1975 and has been a partner with the firm of Johnson, Blakely, Pope, Bokor, Ruppel & Burns, Tampa, Florida since 1999. From 1994 until 1999, he was a partner in the firm of Forlizzo & Neal. Directors Compensation Directors who are not executive officers of the Company each receive an annual retainer of $4,000, plus $500 per Board of Directors meeting or committee meeting attended . Directors who are executive officers of the Company receive no additional compensation for service as a member of either the Board of Directors or any committee of the Board. Directors are entitled to option grants under the Company's Non-Employee Director Stock Option Plan. Under this Plan, each Non-Employee Director is entitled to receive options to purchase 5,000 shares of Common Stock at the time of his or her election to the Board of Directors. Each Director also is entitled to receive options to purchase 5,000 shares of Common Stock on the day following his or her reelection to the Board at the Annual General Meeting of Members of the Company. The exercise price of such options will be equal to 110% of the Fair Market Value of the underlying shares on the date of grant of such options. The above options vest over a three-year period and are exercisable at the rate of one-third of the total option each year. The Board of Directors has established an Audit Committee. (The Board does not have a compensation or nominating committee.) The Audit Committee is presently comprised of Messrs. Neal (Chair) and Hyman, each of whom is "independent" (as defined under the applicable NASD listing standards). Dr. Hyman was not nominated by the Board of Directors to stand for reelection as a director of the Company at the Meeting. Thus, effective as of the Meeting, Dr. Hyman will cease to be a member of the Audit Committee. The Audit Committee is primarily responsible for overseeing the Company's financial reporting process on behalf of the Board and reporting the results of their activities to the full Board.
2004-07-15	Mr. Neal has served as a director of the Company since May 17, 2000. The Audit Committee is presently comprised of Messrs. Neal (Chair) and Bragin, each of whom is “independent” (as defined under Rule 4200A(a)(14) of the NASDAQ listing standards). Directors who are not executive officers of the Company each receive an annual retainer of $4,000, plus $500 per Board of Directors meeting or committee meeting attended.
2005-07-13	Mr. Neal has served as a director of the Company since May 17, 2000. He has been in the private practice of law since 1975 and has been a partner with the firm of Johnson, Blakely, Pope, Bokor, Ruppel & Burns, Tampa, Florida, since 1999. From 1994 until 1999, he was a partner in the firm of Forlizzo & Neal. From April 1, 2004 until June 30, 2005, the Audit Committee was comprised of two members, namely Messrs. Neal (Chair) and Bragin. The Audit Committee held two meetings during the fiscal year ended March 31, 2005, and each of Messrs. Neal and Bragin attended both meetings. Effective June 30, 2005, the size of the Audit Committee was expanded from two to three members, and Mr. Fink was added to the Audit Committee. The Board has determined that Messrs. Neal, Bragin and Fink satisfy the independence requirements of current Securities and Exchange Commission rules and Nasdaq National Market listing standards. On June 30, 2005, the Board of Directors established a Compensation Committee, which is comprised of three directors, namely Messrs. Bragin, Fink and Neal. The Board has determined that Messrs. Bragin, Fink and Neal satisfy the independence requirements of current Nasdaq National Market listing standards. On June 30, 2005, the Board of Directors established a Nominating/Corporate Governance Committee, which is comprised of two directors, namely Messrs. Bragin and Neal. The Board has determined that Messrs. Bragin and Neal satisfy the independence requirements of current Nasdaq National Market listing standards.
2006-06-30	Alton R. Neal has served as a director of the Company since May 17, 2000. He is Chair of the Audit Committee and Compensation Committee, and a member of the Nominating/Corporate Governance Committee. The Board has determined that Mr. Neal satisfies the independence requirements.
2007-07-10	Alton R. Neal has served as a director of the Company since May 17, 2000. He is Chair of the Audit Committee and a member of the Compensation Committee and Nominating/Corporate Governance Committee. The Director Compensation table shows total compensation of $36,050 for fiscal 2007.
2008-07-08	Mr. Neal has served as a director of the Company since May 17, 2000. He has been in the private practice of law since 1975 and has been a partner with the firm of Johnson, Blakely, Pope, Bokor, Ruppel & Burns, Tampa, Florida, since 1999. From 1994 until 1999, he was a partner in the firm of Forlizzo & Neal. Mr. Neal also previously served as a Vice President – Corporate Finance for Raymond James & Associates, Inc. and worked at Lever Brothers in New York, New York. Mr. Neal received his Bachelor of Science degree in Accounting from Lipscomb University and received his Juris Doctor degree from Emory University. The Audit Committee held four meetings during the fiscal year ended March 31, 2008. The Board has determined that Messrs. Neal, Bragin and Fink satisfy the independence requirements of current Securities and Exchange Commission ("SEC") rules and NASDAQ Global Market listing standards. The Board also has determined that Mr. Fink qualifies as an audit committee financial expert as defined under these rules and listing standards. The Audit Committee assists the Board of Directors with its responsibilities by overseeing the Company’s accounting and financial reporting processes and the audits of the Company’s consolidated financial statements and monitoring the Company’s compliance with legal, risk management and regulatory requirements. On March 19, 2008, each Non-Employee Director was granted 1,000 performance shares under the Equity Plan. The performance period for the award is April 1, 2008 to March 31, 2008. This award of performance shares will be recognized for financial reporting purposes under FAS 123(R) in fiscal 2009, consistent with the performance measurement period. The grant date fair value of each award under FAS 123(R) was $6,160.
2009-07-14	Alton R. Neal has served as a director of the Company since May 17, 2000. He is Chair of the Audit Committee, Chair of the Compensation Committee, and a member of the Nominating/Corporate Governance Committee. The Director Compensation table shows total compensation of $24,750 for fiscal 2009.
2010-07-15	Mr. Neal has served as a director of the Company since May 17, 2000... The Audit Committee was comprised of two members, namely Messrs. Neal (Chair) and Bragin... The Compensation Committee is comprised of three directors, namely Messrs. Bragin, Fink and Neal (Chair)... The Nominating/Corporate Governance Committee is comprised of two directors, namely Messrs. Bragin and Neal... The following table sets forth information regarding the compensation received by each of the Companys non-employee directors during the fiscal year ended March 31, 2010: ... Alton R. Neal $24,750.
2011-07-08	Mr. Neal has served as a director of the Company since May 17, 2000. ... The Audit Committee was comprised of Messrs. Neal (Chair) and Bragin until June 30, 2005, then expanded to include Mr. Fink. ... The Audit Committee held five meetings during the fiscal year ended March 31, 2011. The Board has determined that Messrs. Neal, Bragin and Fink satisfy the independence requirements of current Securities and Exchange Commission rules and NASDAQ Global Select Market listing standards. ... The Compensation Committee held two meetings during the fiscal year ended March 31, 2011. The Compensation Committee is comprised of Messrs. Bragin, Fink and Neal (Chair). ... The Nominating/Corporate Governance Committee held one meeting during the fiscal year ended March 31, 2011. The Nominating/Corporate Governance Committee is comprised of Messrs. Bragin and Neal. ... For the fiscal year ended March 31, 2011, each Director who was not an executive officer of the Company ("Non-Employee Director") received an annual retainer of $20,000 ($26,000 for the Chair of the Audit Committee), plus $1,000 per Board of Directors meeting or committee meeting attended. ... For the fiscal year ended March 31, 2011, Alton R. Neal received $32,700 in total director compensation.
2012-07-09	Mr. Neal has served as a director of the Company since May 17, 2000. ... From April 1, 2004 until June 30, 2005, the Audit Committee was comprised of two members, namely Messrs. Neal (Chair) and Bragin. Effective June 30, 2005, the size of the Audit Committee was expanded from two to three members, and Mr. Fink was added to the Audit Committee. ... The Compensation Committee is comprised of three directors, namely Messrs. Bragin, Fink and Neal (Chair). ... The Nominating/Corporate Governance Committee is comprised of two directors, namely Messrs. Bragin and Neal. ... For the fiscal year ended March 31, 2012, each Director who was not an executive officer of the Company ("Non-Employee Director") received an annual retainer of $21,000 ($30,000 for the Chair of the Audit Committee), plus $1,000 per Board of Directors meeting or committee meeting attended. ... Alton R. Neal $37,050
2014-07-09	Mr. Neal has served as a Director of the Company since May 17, 2000. He retired from the private practice of law at the end of 2008. He had been in private practice since 1975 and had been a partner with the firm of Johnson, Blakely, Pope, Bokor, Ruppel & Burns, Tampa, Florida, since 1999. From 1994 until 1999, he was a partner in the firm of Forlizzo & Neal. Mr. Neal also previously served as a Vice President 6 Corporate Finance for Raymond James & Associates, Inc. and worked at Lever Brothers in New York, New York. Mr. Neal received his Bachelor of Science degree in Accounting from Lipscomb University and received his Juris Doctor degree from Emory University. Mr. Neal has served on the Company 2s Board for more than a decade, supporting institutional continuity with Company and industry knowledge accumulated through all phases of industry and economic cycles, and through the Company 2s expansion over that period. He also brings considerable legal and transactional skills to the Board, including experience with SEC filings and other securities law matters. This led to the conclusion that he should serve as a Director of our Company.
2015-07-06	The Audit Committee, which is currently comprised of three members, namely Messrs. Neal (Chair), Bragin and Fink. The Board has determined that Messrs. Neal, Bragin and Fink satisfy the independence requirements of current Securities and Exchange Commission rules and NASDAQ Global Select Market listing standards. The Compensation Committee, which is comprised of three directors, namely Messrs. Bragin, Fink and Neal (Chair). The Compensation Committee held two meetings during the fiscal year ended March 31, 2015. The Board has determined that Messrs. Bragin, Fink and Neal satisfy the independence requirements of current NASDAQ Global Select Market listing standards. The Nominating/Corporate Governance Committee, which is comprised of two directors, namely Messrs. Bragin and Neal. The Board has determined that Messrs. Bragin and Neal satisfy the independence requirements of current NASDAQ Global Select Market listing standards. Mr. Neal is not standing for reelection as a Director at the Meeting. Mr. Hastings has been nominated by the Board of Directors to stand for election as a Director at the Meeting to succeed Mr. Neal. If elected as a Director at the Meeting, Mr. Hastings will succeed Mr. Neal as a member and Chair of the Companys Audit Committee. The Board of Directors has determined that Mr. Hastings satisfies the independence requirements of current Securities and Exchange Commission rules and NASDAQ Global Select Market listing standards. If elected as a Director at the Meeting, Mr. Hastings will succeed Mr. Neal as a member of the Companys Compensation Committee and Mr. Fink will succeed Mr. Neal as Chair of the Companys Compensation Committee. If elected as a Director at the Meeting, Mr. Hastings will succeed Mr. Neal as a member of the Companys Nominating/Corporate Governance Committee. The Board has determined that Messrs. Fink and Hastings satisfy the independence requirements of current NASDAQ Global Select Market listing standards. For the fiscal year ended March 31, 2015, each Director who was not an executive officer of the Company (Non-Employee Director) received an annual retainer of $21,000 ($30,000 for the Chair of the Audit Committee), plus $1,000 per Board of Directors meeting or committee meeting attended ($350 if attending telephonically). Directors who are executive officers of the Company receive no additional compensation for service as a member of either the Board of Directors or any committee of the Board. Alton R. Neal received $41,450 in fees earned or paid in cash for the fiscal year ended March 31, 2015.