DAVID R. CASTLE - Corporate Board Profile

ARTS WAY MANUFACTURING CO INC

Filing Date	Source Excerpt
2002-03-13	DAVID R. CASTLE, age 52, Fairmont, Minnesota. President of Weigh-Tronix, Inc., Fairmont, Minnesota since May 1998, where he had served as Vice President and General Manager of their Santa Rosa facility since July 1990. Chairman of the Compensation and Stock Option Committee and member of the Audit Committee. Mr. Castle has been a director since 2000.
2003-03-24	DAVID R. CASTLE, age 53, Birminghan, England. Director of Operations Worldwide for Avery Weigh-Tronix since September 2002, President of Weigh-Tronix, Inc., Fairmont, Minnesota since May 1998, where he had served as Vice President and General Manager of their Santa Rosa facility since July 1990. Chairman of the Compensation and Stock Option Committee and Chairman of the Audit Committee. Mr. Castle has been a director since 2000. Each director, other than the Chairman of the Board, who is not an employee of the Company or a subsidiary, receives $4,500 per year plus $900 for attendance at each of the meetings of the Board, as well as $788 for attendance at each meeting of a standing committee on which he serves. The Chairman of a standing committee receives $1,035 for each meeting attended.
2004-03-01	DAVID R. CASTLE, age 54, Birminghan, England. Director of Operations Worldwide for Avery Weigh-Tronix since September 2002, President of Weigh-Tronix, Inc., Fairmont, Minnesota since May 1998, where he had served as Vice President and General Manager of their Santa Rosa facility since July 1990. Chairman of the Compensation and Stock Option Committee and Chairman of the Audit Committee. Mr. Castle has been a director since 2000. ... Effective April 24, 2003, each director, other than the Chairman of the Board, receives $12,000 per year with no committee and attendance fees.
2005-03-10	DAVID R. CASTLE, age 55, Ontario, Canada. Director of Operations Worldwide for Avery Weigh-Tronix since September 2002, President of Weigh-Tronix, Inc., Fairmont, Minnesota since May 1998, where he had served as Vice President and General Manager of their Santa Rosa facility since July 1990. Chairman of the Compensation and Stock Option Committee and Chairman of the Audit Committee. Mr. Castle has been a director since 2000. ... Effective April 24, 2003, each director, other than the Chairman of the Board, receives $12,000 per year with no committee or attendance fees.
2006-03-09	DAVID R. CASTLE, age 56, Ontario, Canada. Director of Operations Worldwide for Avery Weigh-Tronix since September 2002; President of Weigh-Tronix, Inc., Fairmont, Minnesota since May 1998, where he had served as Vice President and General Manager of its Santa Rosa facility since July 1990. Chairman of the Compensation and Stock Option Committee and Chairman of the Audit Committee. Mr. Castle has been a director since 2000. ... Effective April 24, 2003, each director, other than the Chairman of the Board, receives $12,000 per year with no committee or attendance fees.
2007-03-23	DAVID R. CASTLE, age 57, Ontario, Canada. Operations Consultant for Avery Weigh-Tronix since 2006 Director of Operations Worldwide for Avery Weigh-Tronix since September 2002; President of Weigh-Tronix, Inc., Fairmont, Minnesota since May 1998, where he had served as Vice President and General Manager of its Santa Rosa facility since July 1990. Chairman of the Compensation and Stock Option Committee and Chairman of the Audit Committee. Mr. Castle has been a director since 2000. ... Effective April 26, 2006, each director, other than the Chairman of the Board, receives $20,000 per year for service as a director, with no committee or attendance fees.
2008-03-20	Mr. Castle serves as the Chairman of our Compensation and Stock Option Committee and Chairman of the Audit Committee. ... The Company’s Audit Committee is comprised of David R. Castle, Douglas McClellan and Fred W. Krahmer, all of whom have been determined by the Board of Directors to be independent under the definition of “independence” provided by NASDAQ Rules 4200 and 4350(d). The Board has determined that Mr. Castle is an “audit committee financial expert” as defined by applicable SEC regulations. The Audit Committee held six meetings during the 2007 fiscal year. ... The members of the Compensation and Stock Option Committee are David R. Castle, Fred W. Krahmer and Douglas McClellan, all of whom are independent within the definition of “independence” provided by NASDAQ’s Corporate Governance Rule 4200. ... Our directors received the following compensation during the 2007 fiscal year: David R. Castle 20,000 fees earned or paid in cash, 1,650 stock option awards, total 21,650.
2009-03-26	David R. Castle, Director, Age 59. Mr. Castle is the retired Director of Operations Worldwide for Avery Weigh-Tronix. Mr. Castle serves as the Chairman of our Compensation and Stock Option Committee and Chairman of the Audit Committee. Mr. Castle has been a director since 2000 and currently resides in Ontario, Canada. The Company’s Audit Committee is comprised of David R. Castle, Douglas McClellan and Fred W. Krahmer, all of whom have been determined by the Board of Directors to be independent under the definition of “independence” provided by NASDAQ Rules 4200 and 4350(d). The Board has determined that Mr. Castle is an “audit committee financial expert” as defined by applicable SEC regulations. The Audit Committee held seven meetings during the 2008 fiscal year. The members of the Compensation and Stock Option Committee are David R. Castle, Fred W. Krahmer and Douglas McClellan, all of whom are independent within the definition of “independence” provided by NASDAQ’s Corporate Governance Rule 4200. Director Compensation Table for Fiscal Year 2008: David R. Castle Fees Earned or Paid in Cash $25,833, Stock Option Awards $8,300, All Other Compensation $0, Total Compensation $34,133.
2010-03-26	David R. Castle, Director, Age 60. Mr. Castle is the retired Director of Operations Worldwide for Avery Weigh-Tronix. Mr. Castle serves as the Chairman of our Compensation and Stock Option Committee and Chairman of the Audit Committee. Mr. Castle has been a director since 2000 and currently resides in Ontario, Canada. Director Compensation Table for Fiscal Year 2009: David R. Castle Fees Earned or Paid in Cash $30,000, Stock Option Awards $3,120, Total Compensation $33,120.
2011-03-25	DAVID R. CASTLE, Director. Mr. Castle is the retired Director of Operations Worldwide for Avery Weigh-Tronix, LLC, and continues to serve as a director of Avery Weigh-Tronix Holdings, Inc. Mr. Castle also serves on the board of directors of the non-profit Peterborough Tai Chi Association. Mr. Castle serves as the Chairman of the Audit Committee and a member of the Compensation and Stock Option Committee. Mr. Castle has been a director since 2000 and currently resides in Ontario, Canada. Director Compensation Table for 2010 Fiscal Year shows David R. Castle total compensation as $42,360.
2013-03-25	David R. Castle, Director. Mr. Castle is the retired Director of Operations Worldwide for Avery Weigh-Tronix, LLC, and continues to serve as a director of Avery Weigh-Tronix Holdings, Inc. Mr. Castle also serves on the board of directors of the non-profit Peterborough Tai Chi Association. Mr. Castle previously served on the Board from 2000 through 2012, during which time he served as the Chairman of the Audit Committee and a member of the Compensation and Stock Option Committee. Mr. Castle rejoined the Board in January 2013 and currently serves as the Chairman of the Compensation and Stock Option Committee. Director Compensation Table for 2012 Fiscal Year shows total compensation of $11,667.
2014-03-25	David R. Castle, Director. Mr. Castle is the retired Director of Operations Worldwide for Avery Weigh-Tronix, LLC. Mr. Castle also serves on the board of directors of the non-profit Peterborough Tai Chi Association. Mr. Castle previously served on the Board from 2000 through 2012, during which time he served as the Chairman of the Audit Committee and a member of the Compensation and Stock Option Committee. Mr. Castle rejoined the Board in January 2013 and currently serves as the Chairman of the Compensation and Stock Option Committee. He resides in Ontario, Canada. Among other attributes, skills, and qualifications, the Board believes that Mr. Castle’s previous experience as a Director of Operations of a manufacturing company allows him to make a valuable contribution to the oversight of the Company’s operations, and enables him to identify and understand trends presented in the Company’s financial statements and results of operations. The Chairman of the Compensation and Stock Option Committee, David R. Castle, received an additional cash retainer of $3,333. For fiscal year 2013, each director, other than the Chairman of the Board and Vice Chairman of the Board, received annual compensation totaling $30,000; however, the compensation paid to Fred W. Krahmer was prorated to $12,500, and the compensation paid to David R. Castle was prorated to $27,500, to reflect, respectively, the portions of the year each served on the Board.
2015-03-25	David R. Castle, Director. Mr. Castle is the retired Director of Operations Worldwide for Avery Weigh-Tronix, LLC. Mr. Castle also serves on the board of directors of the non-profit Peterborough Tai Chi Association. Mr. Castle previously served on the Board from 2000 through 2012, during which time he served as the Chairman of the Audit Committee and a member of the Compensation and Stock Option Committee. Mr. Castle rejoined the Board in January 2013 and currently serves as the Chairman of the Compensation and Stock Option Committee. He resides in Ontario, Canada. Director Compensation Table for 2014 Fiscal Year: David R. Castle Fees Earned or Paid in Cash ($): 35,000, Option Awards ($): 2,366, Total Compensation ($): 37,366.
2016-03-28	Mr. Castle rejoined the Board in January 2013 and currently serves as the Chairman of the Compensation Committee.
2017-03-28	Mr. Castle rejoined the Board in January 2013 and currently serves as the Chairman of the Compensation Committee and a member of the Audit Committee. During the 2016 fiscal year, each director, other than the Chairman of the Board and the Vice Chairman of the Board, was entitled to receive a $30,000 cash retainer for his service as a director during the fiscal year, with no committee or attendance fees pursuant to this plan. The Chairpersons of the Audit Committee and the Compensation Committee were each entitled to receive an additional cash retainer of $5,000 per fiscal year. The fees in the table below reflect that directors Thomas E. Buffamante, David R. Castle, Joseph R. Dancy, and David A. White have elected to reduce by 20% their cash retainers for service as a director and any additional cash retainer for serving as a Chairperson. The retainer reductions are voluntary, were in effect throughout fiscal 2016, and will remain in place until such time as the directors say otherwise.
2018-03-26	David R. Castle, Director. Mr. Castle is the retired Director of Operations Worldwide for Avery Weigh-Tronix, LLC. Mr. Castle also serves on the board of directors of the non-profit Peterborough Tai Chi Association. Mr. Castle previously served on the Board from 2000 to 2012, during which time he served as the Chairman of the Audit Committee and a member of the Compensation Committee. Mr. Castle rejoined the Board in January 2013 and currently serves as the Chairman of the Compensation Committee. He previously served as a member of the Audit Committee from April 2016 to April 2017. He resides in Ontario, Canada. Among other attributes, skills, and qualifications, the Board believes that Mr. Castle’s previous experience as a Director of Operations of a manufacturing company allows him to make a valuable contribution to the oversight of the Company’s operations, and enables him to identify and understand trends presented in the Company’s financial statements and results of operations. Director Compensation Table for Fiscal Year 2017: David Castle received a cash retainer of $28,000 for fiscal year 2017 and was eligible to receive maximum incentive compensation of $5,000, which represented 20% of his cash retainer. Total compensation for fiscal year 2017 was $31,300.
2019-03-15	David R. Castle, Director. Mr. Castle is the retired Director of Operations Worldwide for Avery Weigh-Tronix, LLC. Mr. Castle also serves on the board of directors of the non-profit Peterborough Tai Chi Association. Mr. Castle previously served on the Board from 2000 to 2012, during which time he served as the Chairman of the Audit Committee and a member of the Compensation Committee. Mr. Castle rejoined the Board in January 2013 and currently serves as the Chairman of the Compensation Committee. He previously served as a member of the Audit Committee from April 2016 to April 2017. He resides in Ontario, Canada. Among other attributes, skills, and qualifications, the Board believes that Mr. Castle’s previous experience as a Director of Operations of a manufacturing company allows him to make a valuable contribution to the oversight of the Company’s operations, and enables him to identify and understand trends presented in the Company’s financial statements and results of operations. Director Compensation Table for Fiscal Year 2018: David R. Castle received a cash retainer of $28,000 and stock awards of $13,240, totaling $41,240.
2020-03-17	Mr. Castle is the retired Director of Operations Worldwide for Avery Weigh-Tronix, LLC. Mr. Castle also serves on the board of directors of the non-profit Peterborough Tai Chi Association. Mr. Castle previously served on the Board from 2000 to 2012, during which time he served as the Chairman of the Audit Committee and a member of the Compensation Committee. Mr. Castle rejoined the Board in January 2013 and currently serves as the Chairman of the Compensation Committee. He previously served as a member of the Audit Committee from April 2016 to April 2017. He resides in Ontario, Canada. Among other attributes, skills, and qualifications, the Board believes that Mr. Castle’s previous experience as a Director of Operations of a manufacturing company allows him to make a valuable contribution to the oversight of the Company’s operations, and enables him to identify and understand trends presented in the Company’s financial statements and results of operations. ... Director Compensation Table for Fiscal Year 2019: David R. Castle Fees Earned or Paid in Cash ($): 28,800 Stock Awards ($): 10,190 Total ($): 38,190.
2021-03-17	David R. Castle, Director. Mr. Castle is the retired Director of Operations Worldwide for Avery Weigh-Tronix, LLC. Mr. Castle previously served on the Board from 2000 to 2012, during which time he served as the Chairman of the Audit Committee and a member of the Compensation Committee. Mr. Castle rejoined the Board in January 2013 and currently serves as the Chairman of the Compensation Committee. He previously served as a member of the Audit Committee from April 2016 to April 2017. He resides in Ontario, Canada. Director Compensation Table for Fiscal Year 2020: David R. Castle received fees earned or paid in cash of $28,000 and stock awards of $10,810, totaling $38,810.