AVRUM GRAY - Corporate Board Profile

LGL GROUP INC

Filing Date	Source Excerpt
2001-04-20	Avrum Gray, 65 Chairman and Chief Executive Officer of G-Bar Limited Partnership and affiliates (1982 to present), proprietary computer based derivative arbitrage trading companies; Gray Capital Corp., and ACI I (1958-1998); Chairman of the Board, Lynch Systems, Inc., (1997 to present)
2002-04-01	Four of the nominees (E. Val Cerutti, Mario J. Gabelli, Avrum Gray and Ralph R. Papitto) have served as directors of Lynch Corporation since before the last Annual Meeting of Shareholders;...Mr. Gray also served as Chairman of the Board of Lynch Systems, Inc. and received $59,000 in 2001 for such service....The present members are Messrs. Pustorino, Cerutti and Gray, with Mr. Pustorino serving as Chairman.
2003-03-28	The present members are Messrs. Pustorino, Cerutti and Gray. Mr. Pustorino serves as Chairman and qualifies as an audit committee financial expert. In 2002, Directors who were not employees received (i) a cash retainer of $3,000 per quarter, (ii) a fee of $1,000 for each meeting of the Board of Directors attended in person or telephonically that has a duration of at least one hour and (iii) a fee of $500 for each committee meeting the director attends in person or telephonically that has a duration of at least one hour.
2004-04-13	The Audit Committee met five times during 2003. The present members are Messrs. Pustorino, Cerutti and Gray. The Executive Compensation and Benefits Committee did not meet during 2003. The present members are Messrs. Cerutti (Chairman), Gray and Pustorino. The Nominating Committee includes Avrum Gray (Chairman), E. Val Cerutti, and Anthony Pustorino.
2005-04-22	The members of the Audit Committee are Messrs. Pustorino (Chairman), Cerutti and Gray. ... The Compensation Committee: The members of the Compensation Committee are Messrs. Cerutti (Chairman), Gray and Pustorino. ... The members of the Nominating Committee are Messrs. Gray (Chairman), Cerutti and Pustorino.
2006-05-01	Avrum Gray 70 1999 Chairman and Chief Executive Officer of G-Bar Limited Partnership and affiliates (1982 to present), proprietary computer based derivative arbitrage trading companies; Chairman of the Board, Lynch Systems, Inc., (1997 through 2001); Director of Nashua Corp., a NASDAQ listed manufacturer of paper products and labels (2001 to present); Director of SL Industries, Inc., an AMEX listed manufacturer of power and data quality equipment and systems (since 2001); Director of Material Sciences Corporation, a NYSE listed provider of material-based solutions for electronic, acoustical, thermal and coated metal applications (since 2003); Director of LIC (2006 to present); Current member of Illinois Institute of Technology Financial Markets and Trading Advisory Board; Former member of Illinois Institute of Technology Board of Overseers MBA Program; Former Chairman of Chicago Presidents Organization; Former Chairman of the Board of Trustees of Spertus College; Former Presidential Appointee to The U.S. Dept. of Commerce ISAC 16. The Board of Directors has three committees, the principal duties of which are described below. AUDIT COMMITTEE: The members of the Audit Committee are Messrs. Pustorino (Chairman), Cerutti and Gray. COMPENSATION COMMITTEE: The members of the Compensation Committee are Messrs. Cerutti (Chairman), Gray and Pustorino. NOMINATING COMMITTEE: The members of the Nominating Committee are Messrs. Gray (Chairman), Cerutti and Pustorino.
2007-07-17	Avrum Gray 71 1999 Chairman and Chief Executive Officer, G-Bar Limited Partnership and affiliates (1982 to present), proprietary computer based derivative arbitrage trading companies; Chairman of the Board, Lynch Systems, Inc., (1997 to 2001); Director, Nashua Corp. (2001 to present), a NASDAQ listed manufacturer of paper products and labels; Director, SL Industries, Inc. (2001 to present), an American Stock Exchange listed manufacturer of power and data quality equipment and systems; Director, Material Sciences Corporation (2003 to present), a NYSE listed provider of material-based solutions for electronic, acoustical, thermal and coated metal applications; Director, Lynch Interactive Corporation (2006 to present), an operator of independent telephone companies and television stations; member, Illinois Institute of Technology Financial Markets and Trading Advisory Board; former member, Illinois Institute of Technology Board of Overseers MBA Program; former Chairman, Chicago Presidents Organization; former Chairman of the Board of Trustees, Spertus College; former Presidential Appointee to The U.S. Dept. of Commerce ISAC 16. AUDIT COMMITTEE: The members of the Audit Committee are Messrs. Pustorino (Chairman), Cerutti, DaPuzzo and Gray. The Board of Directors has determined that all audit committee members are financially literate and independent under the current listing standards of the AMEX. COMPENSATION COMMITTEE: The members of the Compensation Committee are Messrs. Guarino (Chairman), Cerutti, DaPuzzo and Gray. All members of the Compensation Committee are "independent" in accordance with AMEX rules. NOMINATING COMMITTEE: The members of the Nominating Committee are Messrs. DaPuzzo (Chairman), Gray and Pustorino. All members of the Nominating Committee are "independent" in accordance with the AMEX rules.
2008-05-27	Avrum Gray Fees Earned or Paid in Cash ($) 38,750 Stock Awards ($) 10,003 Total ($) 48,753 On December 31, 2007, eight members of the Board of Directors were granted 1,471 shares each of restricted common stock under the Company’s 2001 Equity Incentive Plan. Audit Committee: The members of the Audit Committee are Messrs. Pustorino (Chairman), Cerutti, DaPuzzo, Gray and Healy. Compensation Committee: The members of the Compensation Committee are Messrs. Guarino (Chairman), Cerutti, DaPuzzo, Gray and Nakamura. Nominating Committee: The members of the Nominating Committee are Messrs. DaPuzzo (Chairman), Foufas, Gray and Pustorino.
2009-05-22	Avrum Gray Age: 73 Chairman and CEO ... Audit Committee, Compensation Committee, and Nominating Committee member. Director Compensation Table: $31,000 total.