Corporate Board Profile
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| Filing Date | Source Excerpt |
|---|---|
| 2001-10-04 | Ann R. Leven (age 60) Director/Trustee of each Fund and 25 other investment companies within Delaware Investments; Retired Treasurer, National Gallery of Art; Director of Recoton Corp., 1999 to present; Treasurer, National Gallery of Art, 1994-1999; Director of four investment companies sponsored by Acquila Management Corporation, 1985-1998; Deputy Treasurer of the National Gallery of Art, 1990-1994; Treasurer and Chief Fiscal Officer of the Smithsonian Institution, 1984-1990; Adjunct Professor at Columbia Business School, 1975-1992. |
| 2002-08-07 | Ann R. Leven Director 12 Years Treasurer/Chief Fiscal Officer - National Gallery of Art (1994 - 1999) Ann R. Leven Director - Recoton Corporation Director - Systemax Inc. Director - Andy Warhol Foundation Total Compensation From Fund Complex for the 12 Months Ended June 30, 2002 $74,747 |
| 2003-07-03 | Ann R. Leven Director 13 Years Treasurer/Chief Fiscal Officer - National Gallery of Art (1994 - 1999) Total Compensation From Fund Complex for the 12 months ended May 31, 2003 None None $91,160 $81,160 $64,986 $81,660 $89,161 $86,160 $86,160 |
| 2004-07-09 | ANN R. LEVEN Director 15 Years Treasurer/Chief Fiscal Officer - National Gallery of Art (1994 - 1999) TOTAL COMPENSATION FROM FUND COMPLEX FOR THE 12 MONTHS ENDED MAY 31, 2004 $106,233 Each Fund has an Audit Committee for the purpose of meeting, at least annually, with the Fund's officers and independent auditors to oversee the quality of financial reporting and the internal controls of each Fund, and for such other purposes as the Board of Directors may from time to time direct. The Audit Committee of each Fund consists of the following three Directors appointed by the Board: Ann R. Leven, Chairperson; Thomas F. Madison; and Janet L. Yeomans. |
| 2005-07-19 | ANN R. LEVEN Director 16 Years Treasurer/Chief Fiscal Officer - 86 Director and Audit 2005 Market Street National Gallery of Art Committee Member Philadelphia, PA 19103 (1994 - 1999) Systemax Inc. 64 Director and Audit Committee Chairperson - Andy Warhol Foundation |
| 2006-07-11 | ANN R. LEVEN Director 17 Years ARL Associates (Financial and 85 Director and Audit 2005 Market Street Strategic Consulting Firm) Committee Member Philadelphia, PA 19103 (1983-Present) Systemax Inc. |
| 2007-07-03 | Ann R. Leven Director Since October Consultant - 83 Director 2005 Market Street 1989 ARL Associates and Audit Philadelphia, PA 19103 (Financial Committee Planning) Chairperson (1983-Present) - Systemax Inc. Director and Audit Committee Chairperson - Andy Warhol Foundation. |
| 2008-07-07 | Ann R. Leven Director Since October 1989 Consultant - ARL Associates Age 67 Director and Audit Committee Chairperson - Systemax Inc. Lead/Coordinating Director for the Funds Member of Audit Committee Member of Nominating Committee (ex-officio) Total Compensation from Fund Complex: $213,167 Compensation from the Investment Companies in the Fund: $5,146 |
| 2009-07-01 | Ann R. Leven, Director since October 1989, Consultant at ARL Associates, Lead/Coordinating Director, receives additional annual retainer. Age 68. Total compensation from Fund Complex $222,500. |
| 2010-07-01 | Ann R. Leven is the current Lead/Coordinating Director for the Funds and receives an additional annual retainer totaling $40,000 with respect to all 30 investment companies within the Fund Complex. The Nominating and Corporate Governance Committee is comprised of the following Directors appointed by the Board: John A. Fry, Chairperson; Anthony D. Knerr; J. Richard Zecher, and Ann R. Leven (ex-officio). The following table sets forth the compensation received by each independent Director from each Fund and the total compensation received from the Fund Complex as a whole during the twelve months ended April 30, 2010. Ann R. Leven: $5,102 from the Fund. |
| 2011-07-01 | Ann R. Leven, Director since October 1989. Chairperson of Audit Committee. Total compensation from the Fund: $4,304; Total compensation from the Fund Complex: $231,250. |
| 2012-07-02 | Ann R. Leven Director since October 1989. Chair of Audit Committee. Member of Investments Committee. Age 73. Compensation $3,507 from the Funds. |
| Filing Date | Source Excerpt |
|---|---|
| 2002-04-23 | Ann R. Leven was appointed as a Director of the Company in May 2001. ... The members of the Committee are Robert D. Rosenthal, Stacy S. Dick and Ann R. Leven. ... The Company's policy is not to pay compensation to Directors who are also employees of the Company. Each Director who is not an employee of the Company is paid a fee of $7,500 per year and $2,000 for each meeting of the Board of Directors in which the Director participates. |
| 2003-04-28 | Ann R. Leven was appointed as a Director of the Company in May 2001. ... The members of the Committee are Robert D. Rosenthal, Stacy S. Dick and Ann R. Leven. ... Ms. Leven received options to purchase 2,000 shares of Common Stock pursuant to the Company's 1995 Stock Option Plan for Non-Employee Directors. |
| 2004-04-30 | Ann R. Leven has served as a Director of the Company since May 2001. Ms. Leven served as Treasurer and Chief Fiscal Officer of the National Gallery of Art in Washington D.C. from December 1990 to October 1999. From August 1984 to December 1990 she was Chief Financial Officer of the Smithsonian Institution. Ms. Leven has been a Director of the Delaware Investment's Family of Mutual Funds since September 1989. From December 1999 to May 2003 Ms. Leven was a Director of Recoton Corporation. From 1975 to 1993 Ms. Leven taught business strategy and administration at the Columbia University Graduate School of Business. She received an M.B.A. degree from Harvard University in 1964. Committees: Audit Committee, Nominating/Corporate Governance Committee Compensation of Directors The Companys policy is not to pay compensation to Directors who are also employees of the Company. In order to continue to retain and attract qualified Board members, the Board of Directors unanimously approved, on November 11, 2003, an increase in the compensation paid to each Director who is not an employee of the Company. Each non-employee Director is now paid a fee of $25,000 per year and $2,000 for each meeting of the Board of Directors in which the Director participates. In addition, the Chairman of the Audit Committee of the Board now receives an additional $5,000 per year. The non-employee Directors of the Company also receive, annually, an option to purchase 2,000 shares of Common Stock pursuant to the Companys 1995 Stock Option Plan for Non-Employee Directors. During 2003, Mr. Dick, Mr. Rosenthal and Ms. Leven each received options to purchase 2,000 shares of Common Stock pursuant to this plan. |
| 2005-05-04 | Ann R. Leven has served as a Director of the Company since May 2001. Ms. Leven served as Treasurer and Chief Fiscal Officer of the National Gallery of Art in Washington D.C. from December 1990 to October 1999. From August 1984 to December 1990 she was Chief Financial Officer of the Smithsonian Institution. Ms. Leven has been a Director of the Delaware Investment's Family of Mutual Funds since September 1989. From December 1999 to May 2003 Ms. Leven was a Director of Recoton Corporation. From 1975 to 1993 Ms. Leven taught business strategy and administration at the Columbia University Graduate School of Business. She received an M.B.A. degree from Harvard University in 1964. The members of the Committee are Stacy S. Dick, Robert D. Rosenthal and Ann R. Leven. The members of the Nominating/Corporate Governance Committee are Messrs. Richard Leeds (Chairman), Rosenthal and Dick and Ms. Leven. The Company's policy is not to pay compensation to Directors who are also employees of the Company. Each non-employee Director is paid a fee of $25,000 per year and $2,000 for each meeting of the Board of Directors and each committee meeting in which the Director participates. |
| 2005-12-14 | Ann R. Leven has served as a Director of the Company since May 2001. Ms. Leven served as Treasurer and Chief Fiscal Officer of the National Gallery of Art in Washington D.C. from December 1990 to October 1999. From August 1984 to December 1990 she was Chief Financial Officer of the Smithsonian Institution. Ms. Leven has been a Director of the Delaware Investment's Family of Mutual Funds since September 1989. From December 1999 to May 2003 Ms. Leven was a Director of Recoton Corporation. From 1975 to 1993 Ms. Leven taught business strategy and administration at the Columbia University Graduate School of Business. She received an M.B.A. degree from Harvard University in 1964. Compensation details: Non-employee Directors are paid $25,000 per year plus fees for meetings. Ms. Leven received options to purchase 2,000 shares in 2004. |
| 2006-09-21 | Ann R. Leven, age 65, has served as a Director of the Company since May 2001. Ms. Leven served as Treasurer and Chief Fiscal Officer of the National Gallery of Art in Washington D.C. from December 1990 to October 1999. From August 1984 to December 1990 she was Chief Financial Officer of the Smithsonian Institution. Ms. Leven has been a Director of the Delaware Investment's Family of Mutual Funds since September 1989. From December 1999 to May 2003 Ms. Leven was a Director of Recoton Corporation. From 1975 to 1993 Ms. Leven taught business strategy and administration at the Columbia University Graduate School of Business. She received an M.B.A. degree from Harvard University in 1964. |
| 2007-04-30 | Ann R. Leven, age 66, has served as a Director of the Company since May 2001. Ms. Leven served as Treasurer and Chief Fiscal Officer of the National Gallery of Art in Washington D.C. from December 1990 to October 1999. |
Data sourced from SEC filings. Last updated: 2026-02-03