FRANK N. NEWMAN - Corporate Board Profile

PARKERVISION INC

Filing Date	Source Excerpt
2020-07-02	Frank N. Newman, Class II Director Frank Newman has been a director of ours since December 2016. He is the chief executive officer and co-founder of PathGuard, LLC, a company offering hardware-based cybersecurity. From 2011 until December 2018, Mr. Newman served as chairman of Promontory Financial Group China Ltd., an advisory group for financial institutions and corporations in China. From 2005 to 2010, he served as chairman and chief executive officer of Shenzhen Development Bank, a national bank in China. Prior to 2005, Mr. Newman served as chairman, president, and chief executive officer of Bankers Trust and chief financial officer of Bank of America and Wells Fargo Bank. Mr. Newman served as Deputy Secretary of the U.S. Treasury from 1994 to 1995 and as Under Secretary of Domestic Finance from 1993 to 1994. He has authored two books and several articles on economic matters, published in the U.S., mainland China, and Hong Kong. Mr. Newman has served as a director for major public companies in the U.S., United Kingdom, and China, and as a member of the Board of Trustees of Carnegie Hall. He earned his BA, magna cum laude in economics, at Harvard. Mr. Newman brings a substantial knowledge of international banking and business relationships to the Board. His financial background adds an important expertise to the Board with regard to financing future business opportunities.
2020-07-14	Frank Newman has been a director of ours since December 2016. He is the chief executive officer and co-founder of PathGuard, LLC, a company offering hardware-based cybersecurity. From 2011 until December 2018, Mr. Newman served as chairman of Promontory Financial Group China Ltd., an advisory group for financial institutions and corporations in China. From 2005 to 2010, he served as chairman and chief executive officer of Shenzhen Development Bank, a national bank in China. Prior to 2005, Mr. Newman served as chairman, president, and chief executive officer of Bankers Trust and chief financial officer of Bank of America and Wells Fargo Bank. Mr. Newman served as Deputy Secretary of the U.S. Treasury from 1994 to 1995 and as Under Secretary of Domestic Finance from 1993 to 1994. He has authored two books and several articles on economic matters, published in the U.S., mainland China, and Hong Kong. Mr. Newman has served as a director for major public companies in the U.S., United Kingdom, and China, and as a member of the Board of Trustees of Carnegie Hall. He earned his BA, magna cum laude in economics, at Harvard. Mr. Newman brings a substantial knowledge of international banking and business relationships to the Board. His financial background adds an important expertise to the Board with regard to financing future business opportunities. The Board has affirmatively determined that each of Messrs. Newman, Rosenbaum, and Sterne are independent directors. Mr. Newman filled the vacant audit committee member position in April 2020. In August 2019, each of our non-employee directors received 800,000 nonqualified stock options at an exercise price of $0.17 per share with a grant-date fair value of approximately $113,000. In February 2020, Mr. Newman opted to receive a RSU with a grant date fair value of approximately $50,000. Total compensation for Mr. Newman was $112,769.
2021-07-30	Frank Newman has been a director of ours since December 2016 and a member of our audit committee since April 2020. Mr. Newman has been the chief executive officer and co-founder of PathGuard, Inc. (or its predecessors), a company offering hardware-based cybersecurity, since 2015. ... The Board has determined that Paul Rosenbaum and Frank Newman are audit committee financial experts within the meaning of the rules and regulations of the Securities and Exchange Commission ("SEC") and are independent as determined in accordance with the rules of Nasdaq for audit committee members. ... The following table summarizes the compensation of our non-employee directors for the year ended December 31, 2020. Frank Newman: Stock Awards $0, Option Awards $49,500, Total $49,500.
2021-08-10	Frank N. Newman, Class II Director Nominee Frank Newman has been a director of ours since December 2016 and a member of our audit committee since April 2020. ... Mr. Newman has been the chief executive officer and co-founder of PathGuard, Inc. ... Mr. Newman has previously served as a director for major public companies ... He earned his BA, magna cum laude, in economics at Harvard. ... The Board has determined that Paul Rosenbaum and Frank Newman are audit committee financial experts ... The following table summarizes the compensation of our non-employee directors for the year ended December 31, 2020. Frank Newman: Stock Awards $0, Option Awards $49,500, Total $49,500.
2022-08-02	Frank Newman has been a director of ours since December 2016 and a member of our audit committee since April 2020. Mr. Newman has been the chief executive officer and co-founder of PathGuard, Inc. (or its predecessors), a company offering hardware-based cybersecurity, since 2015. ... Mr. Newman serves as audit committee chair and a member of the compensation committee for ASPL. ... The following table summarizes the compensation of our non-employee directors for the year ended December 31, 2021. Frank Newman $172,900.