JASON SCHER - Corporate Board Profile

Lifeway Foods, Inc.

Filing Date	Source Excerpt
2013-05-29	JASON SCHER, 38, was elected as a Director of the Company to fill a vacancy on the Board of Directors in July 2012. ... Mr. Scher devotes as much time as necessary to the business of the Company and currently holds no other directorships in any other reporting company. ... Director Compensation as of December 31, 2012 ... Jason Sher ... $0.
2014-05-02	JASON SCHER, 39, was elected as a Director of the Company to fill a vacancy on the Board of Directors in July 2012. ... Mr. Scher devotes as much time as necessary to the business of the Company and currently holds no other directorships in any other reporting company. ... Director Compensation as of December 31, 2013: Jason Sher Fees Earned or Paid in Cash $4,500, Total $4,500.
2015-11-23	JASON SCHER, 40, was elected as a Director of the Company to fill a vacancy on the Board of Directors in July 2012. ... The Audit Committee consisted of Messrs. Sikar, Bernardi and Lee in the Last Fiscal Year. In August 2015 Mr. Jason Scher was elected as a member of the Audit Committee to fill the vacancy created upon the resignation of Mr. Bernardi as a member of the Audit Committee. In August 2015, Mr. Lee was elected as the Chairman of the Audit Committee. ... The Compensation Committee consisted of Messrs. Scher, Lee and Bernardi in the Last Fiscal Year. In August 2015 Mr. Bernardi resigned as a member of the Compensation Committee. Mr. Scher is the Chairman of the Compensation Committee. ... The Nominating Committee consisted of Messrs. Scher, Lee and Bernardi in the Last Fiscal Year. In August 2015 Mr. Bernardi resigned as a member of the Nominating Committee. Mr. Scher is the Chairman of the Nominating Committee. ... The Director Compensation table shows Jason Scher received $36,500 in other compensation.
2016-04-29	JASON SCHER, 41, was elected as a Director of the Company to fill a vacancy on the Board of Directors in July 2012. Mr. Scher is the Chief Operating Officer of Vosges Haut-Chocolat, currently a leading manufacturer and seller of super premium chocolate confections in the US. Additionally he is currently a principal of a real estate development company focused on affordable housing in the Chicago Area. Mr. Scher previously served as a principal in a New York based construction management and development company that performed work nationwide. Mr. Scher started his career with XandO coffee bar/COSI Sandwich Bar in their real estate and construction group. His strong leadership has been instrumental in the growth and development of the businesses that he worked in over the years. Mr. Scher devotes as much time as necessary to the business of the Company and currently holds no other directorships in any other reporting company. Mr. Scher brings manufacturing, financial and strategic experience to the company's board of directors. ... The Audit Committee consisted of Messrs. Sikar, Lee and Scher in the Last Fiscal Year. Mr. Lee is the Chairman of the Audit Committee. ... The Compensation Committee consisted of Messrs. Scher and Lee in the Last Fiscal Year. Mr. Scher is the Chairman of the Compensation Committee. ... The Nominating Committee consisted of Messrs. Lee and Scher in the Last Fiscal Year. Mr. Scher is the Chairman of the Nominating Committee.
2017-05-01	JASON SCHER, 42, was elected as a Director of the Company to fill a vacancy on the Board of Directors in July 2012. ... The Audit Committee consisted of Messrs. Sikar, Lee and Scher in the Last Fiscal Year. ... The Compensation Committee consisted of Messrs. Scher and Lee in the Last Fiscal Year. Mr. Scher is the Chairperson of the Compensation Committee. ... The Nominating Committee consisted of Messrs. Lee and Scher in the Last Fiscal Year. Mr. Scher is the Chairperson of the Nominating Committee. ... Director Compensation for the Fiscal Year Ended December 31, 2016 ... Jason Scher $233,000 $0 $233,000
2018-04-30	JASON SCHER, 43, was elected as a Director of Lifeway to fill a vacancy on the Board of Directors in July 2012. Since 2016, he has been advising and consulting for several real estate development, hospitality, and consumer packaged goods companies in Chicago and California. From 2004 until 2016, Mr. Scher was the Chief Operating Officer of Vosges Haut-Chocolat, a leading manufacturer and seller of super premium chocolate confections in the U.S. Additionally, he is currently a Managing Member of South Shore Developers Group, a real estate development company focused on affordable housing in the Chicago area. From 2000 to 2004, Mr. Scher served as a principal in RP3 Development, a New York based construction management and development company that performed work nationwide. Mr. Scher started his career with XandO coffee bar/COSI Sandwich Bar in their real estate and construction group. His strong leadership has been instrumental in the growth and development of the businesses that he worked in over the years. Mr. Scher devotes as much time as necessary to Lifeways business and currently holds no other directorships in any other reporting company. Mr. Scher brings manufacturing, financial, and strategic experience to the Companys board of directors
2019-04-30	JASON SCHER was elected as a Director of Lifeway to fill a vacancy on the Board of Directors in July 2012. Since 2016, he has been and advisor and consultant for several real estate development, hospitality, and consumer packaged goods companies in Chicago and California. From 2004 until 2016, Mr. Scher was the Chief Operating Officer of Vosges Haut-Chocolat, a leading manufacturer and seller of super premium chocolate confections in the U.S. Additionally, he is currently a Managing Member of South Shore Developers Group, a real estate development company focused on affordable housing in the Chicago area. From 2000 to 2004, Mr. Scher served as a principal in RP3 Development, a New York based construction management and development company that performed work nationwide. Mr. Scher started his career with XandO coffee bar/COSI Sandwich Bar in their real estate and construction group. Mr. Scher devotes as much time as necessary to Lifeway’s business and currently holds no other directorships in any other reporting company.
2020-09-03	JASON SCHER was elected as a Director of the Company to fill a vacancy on the Board of Directors in July 2012. From 2016 to present Mr. Scher has been a principle investor and advisor focused on early-stage companies. From 2004 until 2016, Mr. Scher was the Chief Operating Officer of Vosges Haut-Chocolat, a leading manufacturer of super premium chocolate and confections in the US. From 2006 to 2018 he was a Managing Member of South Shore Developers Group, a real estate development company focused on affordable housing in the Chicago Area. From 2000 to 2004, Mr. Scher was a principal in RP3 Development, a New York based construction management and development company that performed work nationwide. Prior to that, Mr. Scher was employed by COSI Sandwich Bar in their real estate and construction group. Mr. Scher devotes as much time as necessary to the business of the Company and currently holds no other directorships in any other reporting company. Mr. Scher brings manufacturing, financial and strategic experience to the Board, including a record of operational excellence in the food industry, and strategic experience across multiple industries from real estate to retail to the Board. In addition, he has advised a private company board; been an operational, team, and project leader; and served as a senior executive for nearly twenty years. His experience has provided him with a broad understanding of the operational, financial, and strategic issues facing public companies like ours. His industry, operational, and financial experience makes him well qualified for service on our Board.
2021-09-01	Jason Scher, Director Age: 46 Director Since: 2012 Board Leadership Roles: • Lead Independent Director • Chairperson, Audit and Corporate Governance Committee • Audit Committee Financial Expert • Chairperson, Compensation Committee Fiscal Year 2020 Director Compensation Jason Scher Total: $183,666
2022-08-03	Jason Scher was elected as a Director of the Company in July 2012. ... Mr. Scher is the manager of JAMP, LLP, an investment fund. ... Mr. Scher serves as the Chairperson of the Audit and Corporate Governance Committee and Lead Independent Director and Chairperson of the Compensation Committee. ... The table below describes the cash and stock award portions of the annual retainer paid to each non-employee director who served in fiscal year 2021. ... Jason Scher's total compensation was $227,500.
2023-04-28	JASON SCHER was elected as a Director of the Company in July 2012. Mr. Scher is a principal at JAMP, LLP, an angel investment fund. From 2016 to present Mr. Scher has been a principal investor and advisor focused on early-stage companies. From 2004 until 2016, Mr. Scher was the Chief Operating Officer of Vosges Haut-Chocolat, a leading manufacturer of super premium chocolate and confections in the US. From 2000 to 2004, Mr. Scher was a principal in RP3 Development, a New York based construction management and development company that performed work nationwide. Prior to that, Mr. Scher was employed by COSI Sandwich Bar in their real estate and construction group. Mr. Scher devotes as much time as necessary to the business of the Company and currently holds no other directorships in any other reporting company.
2024-04-29	Jason Scher was elected as a Director of the Company in July 2012. Mr. Scher is the Chairperson of the Audit and Corporate Governance Committee and Chairperson of the Compensation Committee. He is the Lead Independent Director. Jason Scher received total compensation of $164,250 in 2023.