| 2006-03-14 |
Dwight B. Crane+ Director Since 1998 Professor, Harvard Business School.
...
The Fund's Audit Committee is composed of all Directors who are not "interested persons" of the Fund, SBFM or their affiliates within the meaning of the 1940 Act, and who are "independent" as defined in the NYSE listing standards, namely Messrs. Crane, Cucchi, Frankel, Hardin, Hutchinson and Pavia.
...
The Nominating Committee, the principal function of which is to select and nominate candidates for election or appointment by the Board as Directors of the Fund, is currently composed of Messrs. Crane, Cucchi, Frankel, Hardin, Hutchinson and Pavia.
...
Dwight B. Crane Aggregate Compensation from Fund for the fiscal year ended 10/31/05: $9,675. |
| 2007-02-05 |
Dwight B. CraneHarvard Business SchoolSoldiers Field RoadBaker Library #337Boston, MA 02163Year of Birth: 1937
Director
Since1998
Professor, Harvard Business School.
42
None
Only the Non-Interested Directors receive remuneration from the Fund for acting as a Director. Aggregate expenses (including reimbursement for travel and out-of-pocket expenses) of $18,009 were paid to such Directors by the Fund during the calendar year ended December 31, 2006. Fees for the Non-Interested Directors are currently set at $6,000 per annum plus $750 per in-person Board meeting and $300 per telephone conference call.
The following table shows the compensation paid by the Fund to each person who was a Director during the Fund's last fiscal year:
Dwight B. Crane
$13,800
$266,500
46 |