DILIP S. VYAS - Corporate Board Profile

SIGMATRON INTERNATIONAL INC

Filing Date	Source Excerpt
2001-11-05	Dilip S. Vyas............... 53 Mr. Vyas was Director and Vice President -- Business 1994 Class III
2002-08-13	Mr. Vyas was Director and Vice President -- Business Development of Circuit Systems Inc. (CSI) from 1987 to August 1998 and from October 2000 to May 2001. CSI filed a petition for relief under Chapter 11 of the Bankruptcy Code in September 2000. Mr. Vyas was self employed from August 1998 to October 2000 and since May 2001. The functions of the Compensation Committee are to review and approve annual salaries and bonuses for all executive officers and review, approve and recommend to the Board of Directors the terms and conditions of all employee benefit plans or changes thereto and administer the Company's 1993, 1994, 1997 and 2000 Stock Option Plans. Messrs. Rieck, Chen and Vyas are members of the Compensation Committee. Mr. Vyas replaced Mr. Rothstein on July 10, 2002. Non-employee directors are entitled to be paid $1,000 per month. Directors that serve on the Audit or the Compensation Committee are paid an additional $125 per month for each committee upon which they serve. In March 2001 the Board of Directors agreed to defer payment of all non-employee directors fees until otherwise determined by the Board of Directors. In October 2001, the Board of Directors agreed to pay all directors fees, which were previously deferred.
2003-08-07	Dilip S. Vyas............... 55 Mr. Vyas has been self-employed since September 1998 and was Director and Vice President of CSI until 1998. The functions of the Compensation Committee ... Messrs. Rieck, Chen and Vyas are members of the Compensation Committee. COMPENSATION OF DIRECTORS Non-employee directors are entitled to be paid $1,500 per month. Directors that serve on the Audit Committee are paid an additional $1,000 per month, and directors who serve on the Compensation Committee are paid an additional $250 per month.
2004-08-16	Dilip S. Vyas........................ 56 President since June 2004 of Wave Zero Manufacturing LLC, a manufacturer of shielding devices for components used in the electronic industry.
2005-08-09	Dilip S. Vyas........................ 57 Mr. Vyas has been self-employed since December 2004 and from June 2004 to November 2004 was President of Wave Zero Manufacturing LLC, a manufacturer of shielding devices for components used in the electronic industry. The Audit Committee is comprised of three members: Messrs. Rieck, Sove (Chairman) and Vyas.
2006-08-04	Dilip S. Vyas............ 58 Mr. Vyas has been self-employed since December 2004 and from June 2004 to November 2004 was President of Wave Zero Manufacturing LLC, a manufacturer of shielding devices for components used in the electronic industry. The Audit Committee is comprised of three members: Messrs. Rieck, Sove (Chairman) and Vyas. The functions of the Nominating Committee are to (1) review and recommend to the Board of Directors the size and composition of the Board and a slate of nominees for each election of members to the Board of Directors; (2) review and recommend changes to the number, classification, and term of directors; (3) identify and recommend to the Board candidates to fill appointments to Board committees; and (4) develop, assess and make recommendations to the Board concerning appropriate corporate policies to identify and recommend to the Board candidates to fill a vacancy in the offices of President and Chief Executive, to receive and review nominations by stockholders with regard to the nomination process. The members of the Nominating Committee are Messrs. Chen (Chairman), Vyas and Zemenick.
2007-08-09	John P. Chen........ 28,750 -- -- -- -- -- 28,750 Carl A. Zemenick.... 28,750 -- -- -- -- -- 28,750 Dilip S. Vyas....... 39,000 -- -- -- -- -- 39,000
2008-08-15	Mr. Vyas has been self-employed since December 2004 and from June 2004 to November 2004 was President of Wave Zero Manufacturing LLC, a manufacturer of shielding devices for components used in the electronic industry. The Audit Committee is comprised of three members: Messrs. Rieck, Sove (Chairman) and Vyas. The Board of Directors has determined that each of the members of the Audit Committee is independent under the rules of the Securities and Exchange Commission. The members of the Nominating Committee are Messrs. Chen (Chairman), Vyas and Zemenick. The current Board of Directors has determined that each of the members of the Nominating Committee is independent under the Nasdaq Stock Market, Inc. listing standards. The Company pays non-employee directors $2,000 per month. Directors who serve on the Audit Committee are paid an additional $1,250 per month. Directors who serve on the Compensation Committee or the Nominating Committee are paid an additional $250 per month per committee.
2009-08-14	Dilip S. Vyas Class III Director Age 61 Self-employed Audit Committee member Nominating Committee member Director Compensation Table: $44,700
2010-08-13	Dilip S. Vyas has served as a director of the Company since the formation of the Company in November, 1993. He has served on our Compensation Committee and is currently Chairman of the Nominating Committee and a member of the Audit Committee.
2011-08-15	Dilip S. Vyas has served as a director of the Company since the formation of the Company in November, 1993. He has served on our Compensation Committee and is currently Chairman of the Nominating Committee and a member of the Audit Committee. ... The Board of Directors believes Mr. Vyas's long tenure as a SigmaTron director and his business, management and financial background make him well qualified to serve as a director.
2012-08-24	Dilip S. Vyas has served as a Director of the Company since the formation of the Company in November, 1993. ... He has served on our Audit Committee and is currently the Company's Lead Director, and has served as Chairman of the Nominating Committee and member of the Compensation Committee since August, 2011. ... Director Compensation Table shows Dilip S. Vyas received $53,250 in fees.
2013-08-15	Dilip S. Vyas has served as a Director of the Company since the formation of the Company in November, 1993. He has served on our Audit Committee and is currently the Companys Lead Director, and has served as Chairman of the Nominating Committee and member of the Compensation Committee since August, 2011. ... The Director Compensation Table shows Dilip S. Vyas received $57,000 in fees.
2014-08-15	Dilip S. Vyas has served as a Director of the Company since the formation of the Company in November, 1993. He has served on our Audit Committee and is currently the Companys Lead Director, and has served as Chairman of the Nominating Committee and member of the Compensation Committee since August, 2011. ... Director Compensation Table shows Dilip S. Vyas with total compensation of $64,935.
2015-08-14	Dilip S. Vyas has served as a Director of the Company since the formation of the Company in November, 1993. He has served on our Audit Committee and is currently the Companys Lead Director, and has served as Chairman of the Nominating Committee and member of the Compensation Committee since August, 2011.
2016-08-12	Dilip S. Vyas has served as a Director of the Company since the formation of the Company in November, 1993. He is the Lead Independent Director and serves on the Audit, Compensation and Nominating Committees. The Director Compensation Table shows total compensation of $70,880.
2017-08-11	Dilip S. Vyas has served as a Director of the Company since the formation of the Company in November, 1993. He has served on our Audit Committee and is currently the Companys Lead Director, and has served as Chairman of the Nominating Committee and member of the Compensation Committee since August, 2011. The Director Compensation Table shows total compensation of $72,453.
2018-08-17	Dilip S. Vyas has served as a Director of the Company since the formation of the Company in November, 1993. He has served on our Audit Committee and is currently the Company’s Lead Director, and has served as Chairman of the Nominating Committee and member of the Compensation Committee since August, 2011. He is a stockholder of the Company. Mr. Vyas was a Director of and the Vice President, Business Development and Chief Financial Officer of Circuit Systems, Inc., a printed circuit board manufacturer, from 1981 to 2001. Mr. Vyas managed virtually all aspects of accounting and finance and many of the operations of this publicly traded company, including bank relations, purchasing, production plans, and scheduling and design and maintenance of information systems, human resource management, and stockholder relations. Mr. Vyas also served as a member of the Board of Directors of Circuit Systems India, a printed circuit board manufacturer, listed on the India stock exchange, from November, 2007, to January, 2012. Mr. Vyas holds a Bachelor of Engineering degree from the University of Gujarat in India and a Master of Business Administration degree from the University of Illinois, Chicago. The Board of Directors believes Mr. Vyas is well qualified to serve as director because of his long tenure as a SigmaTron Director, the customer relationships he maintains within the electronic manufacturing service industry, and his business, management and financial background.
2019-08-16	Dilip S. Vyas has served as a Director of the Company since the formation of the Company in November 1993. He has served on our Audit Committee and is currently the Company’s Lead Director, and has served as Chairman of the Nominating Committee and member of the Compensation Committee since August 2011. The Company pays non-employee Directors $4,950 per month. The Chairman of the Audit and Compensation Committees are paid an additional $550 and $275 per month, respectively. The Lead Independent Director receives an additional $275 per month. In addition, non-employee Directors are awarded restricted stock pursuant to the 2018 Non-Employee Director Restricted Stock Plan. Dilip S. Vyas's total compensation was $77,135.
2020-08-21	Dilip S. Vyas has served as a Director of the Company since the formation of the Company in November 1993. He has served on our Audit Committee and is currently the Companys Lead Independent Director, and has served as Chairman of the Nominating Committee and member of the Compensation Committee since August 2011. The Company pays non-employee Directors $4,950 per month. The Chairman of the Audit and Compensation Committees are paid an additional $550 and $275 per month, respectively. The Lead Independent Director receives an additional $275 per month. In accordance with Company policy, directors who are also employees of the Company do not receive the remuneration described in this paragraph. In addition, non-employee Directors are awarded restricted stock pursuant to the 2018 Non-Employee Director Restricted Stock Plan. The Director Plan granted 3,000 shares to each non-employee Director on December 9, 2019, which vested six months from the date of grant. The total compensation for Mr. Vyas was $76,710.
2021-08-20	Dilip S. Vyas has served as a Director of the Company since the formation of the Company in November 1993. He has served on our Audit Committee and is currently the Company’s Lead Independent Director, and has served as Chairman of the Nominating Committee and member of the Compensation Committee since August 2011. He is a stockholder of the Company. Mr. Vyas was a Director of and the Vice President, Business Development and Chief Financial Officer of Circuit Systems, Inc., a printed circuit board manufacturer, from 1981 to 2001. Mr. Vyas managed virtually all aspects of accounting and finance and many of the operations of this publicly traded company, including bank relations, purchasing, production plans, and scheduling and design and maintenance of information systems, human resource management, and stockholder relations. Mr. Vyas also served as a member of the Board of Directors of Circuit Systems India, a printed circuit board manufacturer, listed on the India stock exchange, from November 2007, to January 2012. Mr. Vyas holds a Bachelor of Engineering degree from the University of Gujarat in India and a Master of Business Administration degree from the University of Illinois, Chicago. The Board of Directors believes Mr. Vyas is well qualified to serve as director because of his long tenure as a SigmaTron Director, the customer relationships he maintains within the electronic manufacturing service industry, and his business, management and financial background.
2022-08-29	Dilip S. Vyas has served as a Director of the Company since the formation of the Company in November 1993. ... He has served on the Audit Committee, is currently the Companys Lead Independent Director and has served as Chairman of the Nominating Committee and member of the Compensation Committee since August 2011. ... DIRECTOR COMPENSATION TABLE ... Dilip S. Vyas 65,160 33,735 98,895
2023-08-24	Dilip S. Vyas has served as a Director of the Company since the formation of the Company in November 1993. He is a shareholder of the Company. He has served on the Audit Committee, is currently the Company’s Lead Independent Director and has served as Chairman of the Nominating Committee and member of the Compensation Committee since August 2011.
2024-09-20	Dilip S. Vyas has served as a Director of the Company since the formation of the Company in November 1993. ... He has served on the Audit Committee, is currently the Company’s Lead Independent Director and has served as Chairman of the Nominating Committee and member of the Compensation Committee since August 2011. ... The following table summarizes the annual compensation for our non-employee directors during our fiscal year ended April 30, 2024, pursuant to our non-employee director compensation policy. Dilip S. Vyas Fees Earned or Paid in Cash: $66,910, Stock Awards: $15,350, Total: $82,260.