JAMES R. PIERCE, JR. - Corporate Board Profile

SPROTT FOCUS TRUST INC.

Filing Date	Source Excerpt
2015-01-06	James R. Pierce, Jr. Chairman of JLT Specialty Insurance Services, Inc. since 2014. Global Lead in Marine and Energy Operations at Marsh (2006-2014). Managing Director at Aon Natural Resources (1995-2006). Manager at Energy Insurance International (1986-1995). Age 58. Class I Director. Total compensation from Fund $8,000 for year ended December 31, 2013.
2015-08-24	James R. Pierce, Jr. Chairman of JLT Specialty Insurance Services, Inc. since 2014; Global Lead in Marine and Energy Operations at Marsh (2006-2014). Age 59. Class I Director. Member of the Audit Committee and the Governance Committee.
2016-08-04	James R. Pierce, Jr., 59, Class I Director, Independent Director, Chairman of the Governance Committee, member of the Audit Committee, compensation $9,000.
2017-08-08	James R. Pierce, Jr. Chairman of JLT Specialty Insurance Services, Inc. since 2014; Global Lead in Marine and Energy Operations at Marsh (2006-2014). Age 60. Class I Director. Independent Director. Member of the Audit Committee and Governance Committee. Chairman of the Governance Committee. Compensation $9,000.
2018-08-08	James R. Pierce, Jr.**Chairman of JLT Specialty Insurance Services, Inc. since 2014; Global Lead in Marine and Energy Operations at Marsh (2006-2014). ... Each of Ms. Muldoon and Messrs. Clark and Pierce is a member of the Audit Committee of the Board and the Governance Committee of the Board. ... For the year ended December 31, 2017, each current Independent Director received a base fee of $7,200 per year, plus $300 for each in-person meeting of the Board attended. ... James R. Pierce, Jr. total compensation $9,000.
2019-08-02	James R. Pierce, Jr.** Chairman of JLT Specialty Insurance Services, Inc., the U.S. platform of the specialty business advisory firm, Jardine Lloyd Thompson Group, since 2014; Global Lead in Marine and Energy Operations at Marsh, a global insurance brokerage and risk management firm (2006-2014); Trustee of Sprott ETF Trust (2018-present). 63 Class IDirector 2015 2021 3 None. Each of Mses. Keady and Muldoon and Messrs. Clark and Pierce is a member of the Audit Committee of the Board and the Governance Committee of the Board. Mr. Pierce serves as Chairman of the Governance Committee. For the year ended December 31, 2018, each current Independent Director received a base fee of $7,200 per year, plus $300 for each in-person meeting of the Board attended. James R. Pierce, Jr. received $9,000 total compensation.
2020-08-03	James R. Pierce, Jr. is a Class I Director and Independent Director. The Governance Committee is composed of four Independent Directors, Michael W. Clark, James R. Pierce, Jr., Barbara C. Keady and Peyton T. Muldoon. Mr. Pierce serves as Chairman of the Governance Committee. Each of Mses. Keady and Muldoon and Messrs. Clark and Pierce is a member of the Audit Committee of the Board and the Governance Committee of the Board. For the year ended December 31, 2019, each current Independent Director received a base fee of $7,200 per year, plus $300 for each in-person meeting of the Board attended. The total compensation paid to Mr. Pierce was $9,000.
2021-08-04	The current members of the Audit Committee are Michael W. Clark, James R. Pierce, Jr., Barbara C. Keady and Peyton T. Muldoon. Mr. Clark serves as Chairman of the Audit Committee. Each of Mses. Keady and Muldoon and Messrs. Clark and Pierce is a member of the Audit Committee of the Board and the Governance Committee of the Board. For the year ended December 31, 2020, each Independent Director received $2,929.83 from the Fund for service as a director.
2022-08-10	Mr. Pierce has served as the Chairman of JLT Specialty Insurance Services, Inc. since September 2014. The Governance Committee is composed of four Independent Directors, Leslie Barrett, Michael W. Clark, James R. Pierce, Jr., and Peyton T. Muldoon. Mr. Pierce serves as Chairman of the Governance Committee. For the year ended December 31, 2021, each Independent Director who served during 2021 received $6,754 from the Fund for service as a director.
2023-08-21	James R. Pierce, Jr. served as the Chairman of JLT Specialty Insurance Services, Inc., the U.S. platform of the specialty business advisory firm, Jardine Lloyd Thompson Group, from December 2014 to December 2022. The Board believes that Mr. Pierce’s qualifications to serve on the Board include his over 30 years of business experience, including extensive experience in the insurance and financial services sectors. Each of Mses. Barrett and Muldoon and Messrs. Clark and Pierce is a member of the Audit Committee of the Board and the Governance Committee of the Board. Mr. Pierce serves as Chairman of the Governance Committee. For the year ended December 31, 2022, James R. Pierce, Jr. received $5,679.00 from the Fund for service as a director.
2024-08-06	James R. Pierce, Jr. is a Class I Director and Independent Director. He is a member of the Audit Committee and the Governance Committee. For the year ended December 31, 2023, he received $6,824 from the Fund for service as a director.