CHRISTOPHER E. CLOUSER - Corporate Board Profile

ACORN ENERGY, INC.

Filing Date	Source Excerpt
2012-07-26	Christopher E. Clouser was appointed to the Board on November 16, 2011. Mr. Clouser has held senior level positions including: President of Burger King Brands; President and CEO of Preview Travel/Travelocity; CEO of the Minnesota Twins Major League Baseball Club; Senior Vice President & Chief Communications Officer of Northwest Airlines; Corporate Vice President of Public Affairs and Communications of Hallmark Cards; and Senior Vice President and Chief Administrative Officer of Sprint. In addition, he has served on the corporate Boards of Directors of Piper Jaffray Inc., Gibson Guitar/Baldwin Corp., Mall of America, Pepsi Americas, Marquette Bancshares, Delta Beverage and Mesaba Aviation. He also serves as Chairman of the International Tennis Hall of Fame and Museum in Newport, Rhode Island. Prior to his current positions, he was President of the Association of Tennis Professions (ATP), where he also served as Chairman of ATP Properties and Chair of the ATP Foundation. Key Attributes, Experience and Skills. Mr. Clouser brings to Acorn a wealth of operational and managerial experience culled from decades of service in key roles at major corporations. He has particular skills in marketing and business development, which will enable the Board to better position our companies for customer growth. The Board appointed Samuel M. Zentman and Christopher Clouser as members of the Nominating Committee with Dr. Zentman serving as Chairman of the Nominating Committee. In December 2011, Mr. Clouser replaced Mr. Rimer, who had been the Committee’s chair, following his resignation from the Committee upon being appointed as Vice Chairman. The Board of Directors has determined that each member of the Nominating Committee meets the independence criteria prescribed by NASDAQ governing the qualifications of nominating committee members. The charter of the Nominating Committee is available on our website www.acornenergy.com under the "Investor Relations" tab. The following table sets forth information concerning the compensation earned for service on our Board of Directors during the fiscal year ended December 31, 2011 by each individual (other than Mr. Moore who is not separately compensated for Board service) who served as a director at any time during the fiscal year. DIRECTOR COMPENSATION IN 2011: Christopher E. Clouser Fees Earned or Paid in Cash ($) 5,000 Option Awards ($) 56,886 All Other Compensation ($) — Total ($) 61,886.
2013-08-08	Christopher E. Clouser was appointed to the Board on November 16, 2011 and became Chairman on November 13, 2013. He also chairs our Nominating Committee, is a member of our Compensation Committee and serves on the Boards of Directors or Managers of DSIT, GridSense, OmniMetrix and USSI. ... Mr. Clouser was appointed to be Chairman of the Board on November 13, 2012. The fees shown include $16,666 Mr. Clouser received as the pro-rata portion of his Chairman fees earned in 2012.
2014-08-14	Christopher E. Clouser was elected to the Board in November 2011 and became Chairman in November 2012. He also chairs our Compensation Committee, is a member of our Audit and Nominating Committees and serves on each of our subsidiary boards of directors or managers. ... The following table sets forth information concerning the compensation earned for service on our Board of Directors during the fiscal year ended December 31, 2013 by each individual (other than Mr. Moore and Mr. Rimer who were not separately compensated for their Board service) who served as a director at any time during the fiscal year. ... DIRECTOR COMPENSATION IN 2013 ... Christopher E. Clouser 144,000 120,000 — 264,000
2016-06-22	Christopher E. Clouser was appointed to the Board in November 2011 and became Chairman in November 2012. He is also a member of our Audit Committee and serves on each of our subsidiary boards of directors or managers. ... The following table sets forth information concerning the compensation earned for service on our Board of Directors during the fiscal year ended December 31, 2015 by each individual (other than Mr. Moore who was not separately compensated for his Board service) who served as a director at any time during the fiscal year. DIRECTOR COMPENSATION IN 2015: Christopher E. Clouser 179,500 ... Includes $30,000 of annual director fees, $45,000 of Chairman fees, $37,500 of subsidiary board fees ($10,000 each for serving on the boards of DSIT, GridSense, OmniMetrix and USSI (subsidiary board fees with respect to USSI ceased effective September 30, 2015 following USSI’s Chapter 7 filing), $5,000 received for services rendered as Chairman of the Compensation Committee and $2,000 received for services rendered as a member of the Audit Committee. Also includes $60,000 of annual Chairman fees in lieu of an option award with a Black Sholes value of $60,000 due to the Company’s lack of shares available for reservation under option awards.
2017-07-13	Christopher E. Clouser was appointed to the Board in November 2011 and became Chairman in November 2012. He is also a member of our Audit Committee...The non-executive Chairman receives an annual retainer of $35,000, plus an annual grant on January 1 of an option to purchase 25,000 shares of Company Common Stock...The chair of the Audit Committee receives an additional annual retainer of $10,000; each Audit Committee member other than the chair receives an additional annual retainer of $2,000...DIRECTOR COMPENSATION IN 2016: Christopher E. Clouser Fees Earned or Paid in Cash ($) 37,000 Option Awards ($) 3,032 Total ($) 40,032.
2018-07-03	Christopher E. Clouser was appointed to the Board in November 2011, became Chairman in November 2012 and Executive Chairman in April 2018. He is also a member of our Compensation and Nominating Committees and serves on the Board of Managers for OmniMetrix. ... The following table sets forth information concerning the compensation earned for service on our Board of Directors during the fiscal year ended December 31, 2017 by each individual (other than Mr. Loeb who was not separately compensated for his Board service) who served as a director at any time during the fiscal year. DIRECTOR COMPENSATION IN 2017: Christopher E. Clouser Fees Earned or Paid in Cash ($) 37,000 Option Awards ($) 3,284 All Other Compensation ($) — Total ($) 40,284.