DOUGLAS BECH - Corporate Board Profile

Creative Media & Community Trust Corp

Filing Date	Source Excerpt
2015-04-17	Douglas Bech has served as a director of the Company since March 2014 and as founder and Chief Executive Officer of Raintree Resorts International and its predecessors since August 1997. ... Mr. Bech also serves as lead director of HollyFrontier Corporation ... Mr. Bech's previous work as a securities and corporate finance lawyer, as a director of other diverse public companies, and his current experience as a chief executive officer of a private enterprise engaged in marketing, management and consumer finance in three different countries, provides expertise on corporate governance, legal matters and finance, as well as a general business management perspective to the Board. ... The Audit Committee consists of Mr. Cresci (chairman), Mr. Bech and Mr. Golay. ... Director Compensation in 2014 ... Douglas Bech ... Fees Earned or Paid in Cash $50,000 ... Share Awards $42,100 ... Total $92,100.
2016-04-11	Douglas Bech has served as a director of the Company since March 2014 and as founder and Chief Executive Officer of Raintree Resorts International and its predecessors since August 1997. ... The Audit Committee consists of Mr. Cresci (chairman), Mr. Bech and Mr. Golay. ... Director Compensation in 2015: Douglas Bech $50,000 fees earned or paid in cash, $36,160 share awards, total $86,160.
2017-04-10	Douglas Bech has served as a director of the Company since March 2014 and as founder and Chief Executive Officer of Raintree Resorts International and its predecessors since August 1997. ... The Audit Committee consists of Mr. Cresci (chairman), Mr. Bech and Mr. Golay. ... Director Compensation in 2016 ... Douglas Bech 50,000 64,007 114,007
2018-04-05	Douglas Bech has served as a director of the Company since March 2014 and as founder and Chief Executive Officer of Raintree Resorts International and its predecessors since August 1997. ... The Audit Committee consists of Mr. Cresci (chairman), Mr. Bech and Mr. Golay. ... Director Compensation in 2017: Douglas Bech $50,000 fees earned or paid in cash, $50,002 share awards, total $100,002.
2019-04-05	Douglas Bech has served as a director of the Company since March 2014 and as founder and Chief Executive Officer of Raintree Resorts International and its predecessors since August 1997. ... Mr. Bech's previous work as a securities and corporate finance lawyer, as a director of other diverse public companies, and his current experience as a chief executive officer of a private enterprise engaged in marketing, management and consumer finance in three different countries, provides expertise on corporate governance, legal matters and finance, as well as a general business management perspective to the Board. ... The Audit Committee consists of Mr. Cresci (chairman), Mr. Bech and Mr. Golay. ... Director Compensation in 2018 ... Douglas Bech 50,000 49,994 99,994
2020-04-10	Douglas Bech has served as a director of the Company since March 2014 and as founder and Chief Executive Officer of Raintree Resorts International and its predecessors since August 1997. ... The Audit Committee consists of Mr. Cresci (chairman), Mr. Bech and Mr. Golay. ... Our Compensation Committee consists of two of our independent directors: Messrs. Golay, who serves as chairman, and Bech. ... Our Nominating and Corporate Governance Committee is comprised of two of our independent directors: Messrs. Bech, who serves as chairman, and Eppich. ... Director Compensation in 2019: Douglas Bech Fees Earned or Paid in Cash $53,356 Share Awards $54,999 Total $108,355.
2021-11-05	Douglas Bech has served as a director of the Company since March 2014, and since 1997 as founder and Chief Executive Officer of Raintree Resorts International, a private enterprise engaged in vacation ownership and resort operations in Mexico, the United States and Canada. Prior to founding Raintree, Mr. Bech practiced securities and corporate finance law from 1970 to 1997. Mr. Bech also served as a director of J2 Global, Inc. from November 2000 to October 2021 and from August 1988 through November 2000, he served as a director of eFax.com, a company J2 Global, Inc. acquired in November 2000. In October 2021 Mr. Bech was appointed non-executive chairman of the Board of directors of Consensus Cloud Solutions, Inc., a company which was spun off to the J2 (now renamed Ziff-Davis) shareholders.Mr. Bech also served as presiding independent director of HollyFrontier Corporation from July 2011 until May 2021, when Mr. Bech retired from its board of directors.Mr. Bech had previously served as a director of Frontier Oil Corporation from 1993 until its merger with Holly Corporation in July 2011. Mr. Bech also served, from 2014 until February 1, 2016, as an independent trust manager of Moody National REIT II, Inc., a registered, non traded real estate investment trust that acquires limited service hotels in the United States. Mr. Bech’s previous work as a securities and corporate finance lawyer, as a director of other diverse public companies, and his experience as a chief executive officer of a multi-national enterprise provides expertise on corporate governance, legal matters and finance, as well as a general business management perspective to the Board. The Audit Committee consists of Mr. Eppich (chairman), Mr. Bech and Mr. Golay. The Compensation Committee consists of two of our independent directors: Messrs. Golay, who serves as chairman, and Bech. Our Nominating and Corporate Governance Committee is comprised of two of our independent directors: Messrs. Bech, who serves as chairman, and Eppich. The cash component of each independent director’s compensation is set forth according to the following schedule: Annual board retainer $55,000, Annual audit committee chair retainer $20,000. The compensation arrangement for each independent director in 2021 is expected to be substantially the same as the annualized compensation arrangement for the independent directors in 2020, which is set forth in the table below: Douglas Bech $55,000 fees earned or paid in cash, $54,999 share awards, total $109,999.
2022-05-02	Douglas Bech has served as a director of the Company since March 2014, and since 1997 as founder and Chief Executive Officer of Raintree Resorts International, a private enterprise engaged in vacation ownership and resort operations in Mexico, the United States and Canada. Prior to founding Raintree, Mr. Bech practiced securities and corporate finance law from 1970 to 1997. Mr. Bech also served as a director of J2 Global, Inc. from November 2000 to October 2021 and from August 1988 through November 2000, he served as a director of eFax.com, a company J2 Global, Inc. acquired in November 2000. In October 2021 Mr. Bech was appointed non-executive chairman of the Board of directors of Consensus Cloud Solutions, Inc., a company which was spun off to the J2 (now renamed Ziff-Davis) shareholders.Mr. Bech also served as presiding independent director of HollyFrontier Corporation from July 2011 until May 2021, when Mr. Bech retired from its board of directors.Mr. Bech had previously served as a director of Frontier Oil Corporation from 1993 until its merger with Holly Corporation in July 2011. Mr. Bech also served, from 2014 until February 1, 2016, as an independent trust manager of Moody National REIT II, Inc., a registered, non traded real estate investment trust that acquires limited service hotels in the United States. Mr. Bech’s previous work as a securities and corporate finance lawyer, as a director of other diverse public companies, and his experience as a chief executive officer of a multi-national enterprise provides expertise on corporate governance, legal matters and finance, as well as a general business management perspective to the Board. Director Compensation The Company uses a combination of cash and share based compensation to attract and retain qualified candidates to serve on the Board. In setting compensation for the Company’s independent directors of the Board, the Compensation Committee considers, among other things, the substantial time commitment on the part of the directors in fulfilling their duties as well as the skill level it requires of directors. In addition, all directors of the Board are reimbursed by the Company for their expenses related to attending meetings of the Board and its committees. The cash component of each independent director’s compensation is set forth according to the following schedule: Annual board retainer $ 55,000 Annual audit committee chair retainer $ 20,000 The annual board retainer and the annual audit committee chairman retainer are payable quarterly in advance. No separate retainer is paid for an independent director’s serving as chair of the Compensation Committee or the Nominating and Corporate Governance Committee. The compensation arrangement for each independent director in 2022 is expected to be substantially the same as the annualized compensation arrangement for the independent directors in 2021, which is set forth in the table below: Director Compensation in 2021 Name Fees Earned or Paid in Cash ShareAwards (1) Total Douglas Bech $ 55,000 $ 54,998 $ 109,998
2023-06-21	Douglas Bech has served as a director of the Company since March 2014... The Audit Committee consists of Ms. Wong (chairman), Mr. Bech and Ms. Edwards... Our Compensation Committee consists of two of our independent directors: Mr. Bech, who serves as chairman, and Ms. Wong... Our Nominating and Corporate Governance Committee is comprised of two of our independent directors: Mr. Bech, who serves as chairman, and Ms. Edwards... Director Compensation in 2022... Douglas Bech $55,000 Fees Earned or Paid in Cash, $54,997 Share Awards, Total $109,997.
2024-07-05	Douglas Bech has served as a director of the Company since March 2014... Mr. Bech’s previous work as a securities and corporate finance lawyer, as a director of other diverse public companies, and his experience as a chief executive officer of a multi-national enterprise provides expertise on corporate governance, legal matters and finance, as well as a general business management perspective to the Board. Director Compensation in 2023: Douglas Bech $55,000 fees earned in cash, $54,999 share awards, total $109,999. Compensation Committee Chair and Nominating and Corporate Governance Committee member.