Corporate Board Profile
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| Filing Date | Source Excerpt |
|---|---|
| 2005-08-24 | Chairman Emeritus, The Hertz Corporation (car rental) (since 2000) (Chairman of the Board (1980-2000) and Chief Executive Officer (1977-1999)); and formerly, Chairman of the Board, President and Chief Executive Officer, UAL Corporation (airlines). |
| 2006-08-24 | PRINCIPAL OCCUPATION DURING PAST 5 YEARS: Chairman Emeritus, The Hertz Corporation (car rental) (since 2000) (Chairman of the Board (1980-2000) and Chief Executive Officer (1977-1999)); and FORMERLY, Chairman of the Board, President and Chief Executive Officer, UAL Corporation (airlines). |
| 2007-08-16 | Chairman Emeritus, The Hertz Corporation (since 2000) (Chairman of the Board (1980-2000) and Chief Executive Officer (1977-1999)); and FORMERLY, Chairman of the Board, President and Chief Executive Officer, UAL Corporation. |
| 2008-08-12 | PRINCIPAL OCCUPATION DURING PAST 5 YEARS: Chairman Emeritus, The Hertz Corporation (car rental) (since 2000) (Chairman of the Board (1980-2000) and Chief Executive Officer (1977-1999)); and FORMERLY, Chairman of the Board, President and Chief Executive Officer, UAL Corporation (airlines). |
| 2009-08-14 | PRINCIPAL OCCUPATION DURING PAST 5 YEARS: Chairman Emeritus, The Hertz Corporation (car rental) (since 2000) (Chairman of the Board (1980-2000) and Chief Executive Officer (1977-1999)); and FORMERLY, Chairman of the Board, President and Chief Executive Officer, UAL Corporation (airlines). |
| 2010-08-18 | Principal Occupation During Past 5 Years: Chairman Emeritus, The Hertz Corporation (car rental) (since 2000) (Chairman of the Board (1980-2000) and Chief Executive Officer (1977-1999)); and formerly, Chairman of the Board, President and Chief Executive Officer, UAL Corporation (airlines). |
| 2011-08-16 | Principal Occupation During Past 5 Years: Chairman Emeritus, The Hertz Corporation (car rental) (since 2000) (Chairman of the Board (1980-2000) and Chief Executive Officer (1977-1999)); and formerly, Chairman of the Board, President and Chief Executive Officer, UAL Corporation (airlines). |
| 2012-08-14 | Chairman Emeritus, The Hertz Corporation (car rental) (since 2000) (Chairman of the Board (1980-2000) and Chief Executive Officer (1977-1999)); and formerly, Chairman of the Board, President and Chief Executive Officer, UAL Corporation (airlines). |
| 2014-08-20 | Chairman Emeritus, The Hertz Corporation (car rental) (since 2000) (Chairman of the Board (1980–2000) and Chief Executive Officer (1977–1999)); and formerly, Chairman of the Board, President and Chief Executive Officer, UAL Corporation (airlines)(1987–1991). |
| 2015-08-14 | Director of various companies; and formerly, Chairman of the Board, The Hertz Corporation (car rental) (1980-2000) and Chief Executive Officer (1977-1999); and Chairman of the Board, President and Chief Executive Officer, UAL Corporation (airlines) (June – December 1987). |
| 2016-09-12 | Principal Occupation During at Least the Past 5 Years: Director of various companies; and formerly, Chairman of the Board, The Hertz Corporation (car rental) (1980-2000) and Chief Executive Officer (1977-1999); and Chairman of the Board, President and Chief Executive Officer, UAL Corporation (airlines) (June – December 1987). |
| Filing Date | Source Excerpt |
|---|---|
| 2006-01-10 | Frank A. Olson (1932) Trustee Since June 2005... Chairman Emeritus, The Hertz Corporation... The Fund pays the Independent Trustees $305 per quarter plus $100 per meeting attended... Frank A. Olson $409. |
| 2007-01-29 | Frank A. Olson (1932) Trustee Since 2005 PRINCIPAL OCCUPATION DURING PAST 5 YEARS: Chairman Emeritus, The Hertz Corporation (car rental) (since 2000) (Chairman of the Board ( 1980- 2000) and Chief Executive Officer ( 1977- 1999)); and FORMERLY, Chairman of the Board, President and Chief Executive Officer, UAL Corporation ( airlines). The Fund pays the Independent Trustees $305 per quarter plus $100 per meeting attended, effective as of April 1, 2005. The following table indicates the aggregate compensation paid to the Independent Trustees by the Fund individually and by all of the funds in Franklin Templeton Investments. Frank A. Olson $2,128 from the Fund for the fiscal year ended August 31, 2006. |
| 2008-02-05 | Frank A. Olson (1932) Trustee Since 2005... The Fund's Independent Trustees constitute the sole Independent Trustees of 28 funds in the Franklin Templeton Investments fund complex, for which each Independent Trustee currently is paid a $232,000 annual retainer... The following table indicates the aggregate compensation paid to the Independent Trustees by the Fund individually and by all of the funds in Franklin Templeton Investments... Frank A. Olson $1,874 from the Fund, $462,349 from Franklin Templeton Investments. |
| 2009-02-23 | Frank A. Olson (1932) Trustee Since 2005... The Fund's Independent Trustees constitute the sole Independent Trustees of 28 investment companies in the Franklin Templeton Investments complex... Frank A. Olson $3,334. |
| 2010-02-23 | Frank A. Olson (1932) ... Trustee ... Since 2005 ... Compensation from the Trust $1,390 ... Audit Committee member. |
| 2011-02-17 | Frank A. Olson (1932) ... Trustee ... Since 2005 ... The Board has a standing Audit Committee currently consisting of Messrs. Wilson (Chairman), Luttig and Olson, all of whom are Independent Trustees ... The following table indicates the aggregate compensation paid to the nominees for Independent Trustee by the Fund individually ... Frank A. Olson $1,072. |
| 2012-02-22 | Frank A. Olson (1932) ... Trustee ... Since 2005 ... The Board has a standing Audit Committee currently consisting of Messrs. Wilson (Chairman), Luttig and Olson, all of whom are Independent Trustees ... The table below indicates the aggregate compensation paid to the nominees for Independent Trustee by the Fund individually ... Frank A. Olson $3,176 ... |
| 2013-02-20 | Frank A. Olson (1932) One Franklin Parkway San Mateo, CA 94403-1906 Trustee Since 2005 Principal Occupation During at Least the Past 5 Years: Chairman Emeritus, The Hertz Corporation (car rental) (since 2000) (Chairman of the Board (1980-2000) and Chief Executive Officer (1977-1999)); and formerly, Chairman of the Board, President and Chief Executive Officer, UAL Corporation (airlines). Audit Committee currently consisting of Messrs. Wilson (Chairman), Luttig and Olson, all of whom are Independent Trustees. |
| 2014-02-24 | Frank A. Olson (1932) Trustee Since 2005 ... Principal Occupation During at Least the Past 5 Years: Chairman Emeritus, The Hertz Corporation (car rental) (since 2000) (Chairman of the Board (1980–2000) and Chief Executive Officer (1977–1999)); and formerly, Chairman of the Board, President and Chief Executive Officer, UAL Corporation (airlines) (until 1987). |
| 2015-02-12 | Frank A. Olson (1932) One Franklin Parkway San Mateo, CA 94403-1906 Trustee Since 2005 137 Hess Corporation (exploration and refining of oil and gas) (1998-2013). Principal Occupation During at Least the Past 5 Years: Director of various companies; and formerly, Chairman of the Board, The Hertz Corporation (car rental) (1980-2000) and Chief Executive Officer (1977-1999)); Chairman of the Board, President and Chief Executive Officer, UAL Corporation (airlines) (June-December 1987). |
| 2016-02-08 | Frank A. Olson (1932) One Franklin Parkway San Mateo, CA 94403-1906 Trustee Since 2005 ... Principal Occupation During at Least the Past 5 Years: Director of various companies; and formerly, Chairman of the Board, The Hertz Corporation (car rental) (1980-2000) and Chief Executive Officer (1977-1999); Chairman of the Board, President and Chief Executive Officer, UAL Corporation (airlines) (June-December 1987). |
| Filing Date | Source Excerpt |
|---|---|
| 2004-01-20 | Frank A. Olson (71) Director Since 2003 ... Chairman of the Board, The Hertz Corporation ... Audit Committee ... Total Compensation from the Fund $1,167 |
| 2005-01-20 | Frank A. Olson (72) Trustee Since 2003 21 portfolios overseen; Director of several companies; Principal Occupation: Chairman Emeritus, The Hertz Corporation; Compensation: $6,830 from the Fund for fiscal year ended August 31, 2004; Audit Committee member. |
| 2007-01-19 | Frank A. Olson (74) Trustee Since 2003 103 Director, Hess Corporation (formerly Amerada Hess Corporation) (exploration and refining of oil and gas) and Sentient Jet (private jet service); and formerly, Director, Becton Dickinson and Company (medical technology), Cooper Industries, Inc. (electrical products and tools and hardware), Health Net, Inc. (formerly Foundation Health) (integrated managed care), The Hertz Corporation (car rental), Pacific Southwest Airlines, The RCA Corporation, Unicom (formerly Commonwealth Edison), UAL Corporation (airlines) and White Mountains Insurance Group, Ltd. (holding company). Principal Occupation During Past 5 Years: Chairman Emeritus, The Hertz Corporation (since 2000) (Chairman of the Board (1980-2000) and Chief Executive Officer (1977-1999)); and formerly, Chairman of the Board, President and Chief Executive Officer, UAL Corporation. |
| 2008-01-14 | Frank A. Olson (1932) Trustee Since 2003... Audit Committee Chairman through October 16, 2007... The table below indicates the total fees paid to Independent Trustees by the Fund individually... Frank A. Olson $8,163. |
| 2009-01-12 | Frank A. Olson (1932) Trustee Since 2003 ... Principal Occupation During Past 5 Years: Chairman Emeritus, The Hertz Corporation (car rental) (since 2000) (Chairman of the Board (1980-2000) and Chief Executive Officer (1977-1999)); and formerly, Chairman of the Board, President and Chief Executive Officer, UAL Corporation (airlines). |
| 2010-01-05 | Frank A. Olson (1932) 500 East Broward Blvd. Suite 2100 Fort Lauderdale, FL 33394-3091 Trustee Since 2003 133 Hess Corporation (exploration and refining of oil and gas). Principal Occupation During Past 5 Years: Chairman Emeritus, The Hertz Corporation (car rental) (since 2000) (Chairman of the Board (1980–2000) and Chief Executive Officer (1977–1999)); and formerly, Chairman of the Board, President and Chief Executive Officer, UAL Corporation (airlines). The Audit Committee is currently comprised of David W. Niemiec (Chairman), Ann Torre Bates, Frank J. Crothers and Constantine D. Tseretopoulos, all of whom are Independent Trustees and considered to be “independent” as that term is defined by the NYSE’s listing standards. The Fund’s Independent Trustees constitute the sole independent Board members of 14 investment companies in the Franklin Templeton Investments complex for which each Independent Trustee currently is paid a $145,000 annual retainer fee, together with a $7,000 per meeting fee for attendance at each regularly scheduled Board meeting, a portion of which fees are allocated to the Fund. The table below indicates the total fees paid to Independent Trustees by the Fund individually and by all of the funds in the Franklin Templeton Investments fund complex. Frank A. Olson 11,070 486,000 41 |
| 2011-01-05 | Frank A. Olson (1932) ... Trustee since 2003 ... Chairman Emeritus, The Hertz Corporation ... Compensation received for the fiscal year ended August 31, 2010 ... Frank A. Olson $10,277 ... |
| 2014-01-02 | Frank A. Olson (1932) Trustee since 2003. Principal Occupation: Chairman Emeritus, The Hertz Corporation (car rental) (since 2000); formerly Chairman of the Board, President and Chief Executive Officer, UAL Corporation (airlines) (until 1987). Compensation from the Fund: $10,202. |
| 2014-12-31 | Frank A. Olson (1932) Trustee Since 2003 137 portfolios overseen. Principal Occupation: Director of various companies; formerly Chairman and CEO of The Hertz Corporation. Compensation from Fund: $9,659 for fiscal year ended August 31, 2014. |
| 2015-12-28 | Frank A. Olson (1932) Trustee Since 2003 Compensation $9,748 for fiscal year ended August 31, 2015. |
| Filing Date | Source Excerpt |
|---|---|
| 2004-04-13 | Frank A. Olson (71) Director Since 2003 21 portfolios overseen; Director, Becton Dickinson and Co., White Mountains Insurance Group Ltd., Amerada Hess Corporation. Principal Occupation: Chairman of the Board, The Hertz Corporation (since 1980) (CEO 1977-1999); formerly Chairman, President and CEO, UAL Corporation. Compensation: $2,241 from the Fund for fiscal year ended December 31, 2003. |
| 2005-04-11 | Frank A. Olson (72) Director Since 2003 ... Directors serving on the Audit Committee of the Fund ... receive a flat fee of $2,000 per Audit Committee meeting attended ... Frank A. Olson $4,286 ... |
| 2006-04-13 | Frank A. Olson (73) Director Since 2003 103 Portfolios in Franklin Templeton Investments Fund Complex. Principal Occupation: Chairman Emeritus, The Hertz Corporation. Compensation from the Fund: $4,352. Audit Committee member. |
| 2007-04-17 | Frank A. Olson (74) Director Since 2003 103 Director, Hess Corporation (formerly, Amerada Hess Corporation) (exploration and refining of oil and gas) and Sentient Jet (private jet service); and formerly, Director, Becton Dickinson and Company (medical technology), Cooper Industries, Inc. (electrical products and tools and hardware), Health Net, Inc. (formerly, Foundation Health) (integrated managed care), The Hertz Corporation (car rental), Pacific Southwest Airlines, The RCA Corporation, Unicom (formerly, Commonwealth Edison), UAL Corporation (airlines) and White Mountains Insurance Group, Ltd. (holding company). |
| 2008-04-11 | Frank A. Olson (1932) Director Since 2003 ... Compensation from the Fund: $7,439 |
| 2009-04-09 | Frank A. Olson (1932) ... Director ... Since 2003 ... Audit Committee ... Aggregate Compensation from the Fund $9,371 ... The Audit Committee is currently comprised of ... Mr. Olson ... |
| 2010-04-05 | Frank A. Olson (1932) 500 East Broward Blvd. Suite 2100 Fort Lauderdale, FL 33394-3091 Director Since 2003 133 portfolios overseen. Audit Committee member. Compensation from the Fund: $8,680. |
| 2012-03-28 | Frank A. Olson have been nominated for three-year terms, set to expire at the 2015 Annual Meeting of Shareholders. These terms continue, however, until their successors are duly elected and qualified. All of the nominees are currently members of the Board and are deemed to be Independent Directors. |
| 2014-04-02 | Frank A. Olson (1932) Director Since 2003 9,779 |
| 2015-04-15 | Frank A. Olson (1932) ... Director ... Since 2003 ... The Fund’s Independent Directors ... are paid a $155,000 annual retainer fee ... The table below indicates the total fees paid to the Independent Directors by the Fund individually ... Frank A. Olson ... $9,163 ... |
| 2016-04-15 | Frank A. Olson (1932)... Director since 2003... Compensation from the Fund $9,057. |
| Filing Date | Source Excerpt |
|---|---|
| 2004-01-20 | Frank A. Olson (71) Trustee Since 2003 20 Director, Becton, Dickinson and Co. (medical technology); White Mountains Insurance Group Ltd. (holding company); and Amerada Hess Corporation (exploration and refining of oil and gas). Principal Occupation During Past 5 Years: Chairman of the Board, The Hertz Corporation (car rental) (since 1980) (Chief Executive Officer 1977-1999); and formerly, Chairman of the Board, President and Chief Executive Officer, UAL Corporation (airlines). |
| 2006-01-17 | Frank A. Olson (73) Trustee Since 2003 101 Director, White Mountains Insurance Group Ltd. (holding company), Amerada Hess Corporation (exploration and refining of oil and gas) and Sentient Jet (private jet service); and formerly, Director, Becton Dickinson and Company (medical technology), Cooper Industries, Inc. (electrical products and tools and hardware), Health Net, Inc. (formerly Foundation Health) (integrated managed care), The Hertz Corporation (car rental), Pacific Southwest Airlines, The RCA Corporation, Unicom (formerly Commonwealth Edison) and UAL Corporation (airlines). Principal Occupation During Past 5 Years: Chairman Emeritus, The Hertz Corporation (since 2000) (Chairman of the Board (1980-2000) and Chief Executive Officer (1977-1999)); and formerly, Chairman of the Board, President and Chief Executive Officer, UAL Corporation. Compensation: $3,459. |
| 2007-01-19 | Frank A. Olson (74) Trustee Since 2003 103 Director, Hess Corporation ... Chairman Emeritus, The Hertz Corporation ... Audit Committee and Independent Registered Public Accounting Firm. The Fund's Audit Committee is comprised of Messrs. Crothers, Niemiec, Olson (Chairman) ... The table below indicates the total fees paid to Independent Trustees by the Fund individually ... Frank A. Olson 3,327 |
| 2008-01-14 | Frank A. Olson (1932) Trustee Since 2003 141 Hess Corporation (exploration and refining of oil and gas) and Sentient Jet (private jet service). Principal Occupation During Past 5 Years: Chairman Emeritus, The Hertz Corporation (car rental) (since 2000) (Chairman of the Board (1980-2000) and Chief Executive Officer (1977-1999)); and formerly, Chairman of the Board, President and Chief Executive Officer, UAL Corporation (airlines). |
| 2009-01-12 | Frank A. Olson (1932) Trustee Since 2003 ... The table below indicates the total fees paid to the Independent Trustees by the Fund individually ... Frank A. Olson............... 3,531 ... |
| 2010-01-05 | Frank A. Olson (1932) 500 East Broward Blvd. Suite 2100 Fort Lauderdale, FL 33394-3091 Trustee Since 2003 133 Hess Corporation (exploration and refining of oil and gas). Principal Occupation During Past 5 Years: Chairman Emeritus, The Hertz Corporation (car rental) (since 2000) (Chairman of the Board (1980–2000) and Chief Executive Officer (1977–1999)); and formerly, Chairman of the Board, President and Chief Executive Officer, UAL Corporation (airlines). |
| 2011-01-05 | Frank A. Olson (1932) 500 East Broward Blvd. Suite 2100 Fort Lauderdale, FL 33394-3091 Trustee Since 2003 130 Hess Corporation (exploration and refining of oil and gas). Principal Occupation During Past 5 Years and Beyond: Chairman Emeritus, The Hertz Corporation (car rental) (since 2000) (Chairman of the Board (1980–2000) and Chief Executive Officer (1977–1999)); and formerly, Chairman of the Board, President and Chief Executive Officer, UAL Corporation (airlines). |
| 2014-01-02 | Frank A. Olson (1932) Trustee Since 2003 ... Compensation from the Fund $3,207 ... |
| 2014-12-31 | Frank A. Olson (1932) Trustee Since 2003 137 portfolios in Franklin Templeton Investments fund complex. Total compensation from the Fund: $2,830. |
| 2015-12-28 | Frank A. Olson (1932) Trustee Since 2003 146 portfolios Overseen. Compensation from the Fund $2,769. |
| Filing Date | Source Excerpt |
|---|---|
| 2004-01-20 | Frank A. Olson (71) Director Since 2003 20 Portfolios Overseen Director, Becton, Dickinson and Co.; White Mountains Insurance Group Ltd.; Amerada Hess Corporation. Principal Occupation: Chairman of the Board, The Hertz Corporation (since 1980); formerly Chairman, President and CEO, UAL Corporation. Compensation: $733 from the Fund for fiscal year ended August 31, 2003. Serves on Audit Committee. |
| 2005-01-20 | Frank A. Olson (72) Trustee Since 2003 21 Director, White Mountains 500 East Broward Blvd. Insurance Group Ltd. (holding Suite 2100 company); Amerada Hess Fort Lauderdale, FL 33394-3091 Corporation (exploration and refining of oil and gas) and Sentient Jet (private jet service); and formerly Director, Becton Dickinson and Co. (medical technology), Cooper Industries (electrical products and tools and hardware), Health Net (formerly Foundation Health), The Hertz Corporation, Pacific Southwest Airlines, The RCA Corporation, Unicom (formerly Commonwealth Edison) and UAL Corporation (airlines). Principal Occupation During Past 5 Years: Chairman Emeritus, The Hertz Corporation (car rental) (since 2000) (Chairman of the Board (1980-2000) and Chief Executive Officer (1977-1999)); and formerly, Chairman of the Board, President and Chief Executive Officer, UAL Corporation (airlines). |
| 2006-01-17 | Frank A. Olson (73) Trustee Since 2003 101 Director, White Mountains Insurance Group Ltd. (holding company), Amerada Hess Corporation (exploration and refining of oil and gas) and Sentient Jet (private jet service); and formerly Director, Becton Dickinson and Company (medical technology), Cooper Industries, Inc. (electrical products and tools and hardware), Health Net, Inc. (formerly Foundation Health) (integrated managed care), The Hertz Corporation (car rental), Pacific Southwest Airlines, The RCA Corporation, Unicom (formerly Commonwealth Edison) and UAL Corporation (airlines). Principal Occupation During Past 5 Years: Chairman Emeritus, The Hertz Corporation (since 2000) (Chairman of the Board (1980-2000) and Chief Executive Officer (1977-1999)); and formerly, Chairman of the Board, President and Chief Executive Officer, UAL Corporation. Total Compensation from the Fund: $4,545. |
| 2007-01-19 | Frank A. Olson (74) Trustee Since 2003 103 Director, Hess Corporation (formerly Amerada Hess Corporation) (exploration and refining of oil and gas) and Sentient Jet (private jet service); and formerly, Director, Becton Dickinson and Company (medical technology), Cooper Industries, Inc. (electrical products and tools and hardware), Health Net, Inc. (formerly Foundation Health) (integrated managed care), The Hertz Corporation (car rental), Pacific Southwest Airlines, The RCA Corporation, Unicom (formerly Commonwealth Edison), UAL Corporation (airlines) and White Mountains Insurance Group, Ltd. (holding company). Principal Occupation During Past 5 Years: Chairman Emeritus, The Hertz Corporation (since 2000) (Chairman of the Board (1980-2000) and Chief Executive Officer (1977-1999)); and formerly, Chairman of the Board, President and Chief Executive Officer, UAL Corporation. |
| 2008-01-14 | Frank A. Olson (1932) Trustee Since 2003 ... Audit Committee Chairman through October 16, 2007 and member through December 31, 2007 |
| 2009-01-12 | Frank A. Olson (1932) Trustee Since 2003 ... The Fund's Independent Trustees ... are paid a $145,000 annual retainer fee ... The table below indicates the total fees paid to Independent Trustees by the Fund individually ... Frank A. Olson $5,938. |
| 2010-01-05 | Frank A. Olson (1932) 500 East Broward Blvd. Suite 2100 Fort Lauderdale, FL 33394-3091 Trustee Since 2003 133 portfolios Other Directorships: Hess Corporation. Compensation: $5,798 from the Fund for fiscal year ended August 31, 2009. |
| 2011-01-05 | Frank A. Olson (1932) Trustee Since 2003 130 portfolios overseen. Compensation from the Fund $6,428. |
| 2014-01-02 | Frank A. Olson (1932) Trustee Since 2003 ... Compensation from the Fund $7,022 ... Principal Occupation During at Least the Past 5 Years: Chairman Emeritus, The Hertz Corporation (car rental) (since 2000) (Chairman of the Board (1980-2000) and Chief Executive Officer (1977-1999)); and formerly, Chairman of the Board, President and Chief Executive Officer, UAL Corporation (airlines) (until 1987). |
| 2015-12-28 | Frank A. Olson (1932)... Trustee... Since 2003... formerly CEO of The Hertz Corporation and UAL Corporation... Aggregate Compensation from the Fund: $5,786. |
Data sourced from SEC filings. Last updated: 2026-02-03