JOHN A. GELETY - Corporate Board Profile

HERZFELD CARIBBEAN BASIN FUND INC

Filing Date	Source Excerpt
2011-08-31	John A. Gelety c/o The Herzfeld Caribbean Basin Fund, Inc. PO Box 161465 Miami, FL 33116 Age: 43 Director current term expires 2011 2011 to present John A. Gelety, P.A., attorney at law, a transactional law firm that specializes in business law, with a concentration on domestic and cross-border mergers & acquisitions, private equity and commercial transactions. The Audit Committee of the Board currently consists of Mr. Rubin, Dr. Tatum and Mr. Gelety none of whom is an “interested person” of the Fund. The Board has a Nominating Committee comprised solely of independent directors which currently consists of Mr. Rubin, Ms. Lieff, Dr. Tatum and Mr. Gelety.
2012-08-29	John A. Gelety, Age: 44, Director, current term expires 2013 2011 to present; John A. Gelety, P.A., attorney at law, a transactional law firm that specializes in business law; The Fund pays those directors who are not “interested persons” of the Fund $2,000 per year in addition to $800 for each meeting of the Board attended, plus reimbursement for expenses. John A. Gelety received $4,400 for the fiscal year ended June 30, 2012; He serves on the Audit Committee and Nominating Committee.
2013-08-30	John A. Gelety, Esq., Age: 45, Director, current term expires 2013, 2011 to present. Audit Committee member. Nominating Committee member. Compensation: $5,200 for fiscal year ended June 30, 2013.
2014-08-29	John A. Gelety Age: 46 Director Current term expires 2016. 2011 to present. John A. Gelety, P.A., attorney at law, a transactional law firm that specializes in business law, with a concentration on domestic and cross-border mergers & acquisitions, private equity and commercial transactions, 2005 to present. The Audit Committee of the Board currently consists of Mr. Rubin, Dr. Tatum, Mr. Gelety, and Ms. Lieff none of whom is an "interested person" of the Fund. Each member of the Audit Committee is considered independent under the applicable NASDAQ Capital Market listing standards. The Board has a Nominating Committee comprised solely of independent directors which currently consists of Mr. Rubin, Ms. Lieff, Dr. Tatum and Mr. Gelety. The Fund pays those directors who are not "interested persons" of the Fund $2,000 per year in addition to $800 for each meeting of the Board attended, plus reimbursement for expenses. Such fees totaled $20,800 for the fiscal year ended June 30, 2014. The aggregate compensation paid by the Fund to each of its directors serving during the fiscal year ended June 30, 2014, is set forth in the compensation table below. Mr. Herzfeld receives no direct compensation for his services on the Fund’s Board.
2015-08-28	John A. Gelety Age: 47 Director Current term expires 2016. 2011 to present. John A. Gelety, P.A., attorney at law, a transactional law firm that specializes in business law, with a concentration on domestic and cross-border mergers & acquisitions, private equity and commercial transactions, 2005- present. Compensation: $29,900. Audit Committee member. Nominating Committee member.
2016-08-29	John A. Gelety Age: 48 Director Current term expires 2016. 2011 to present. Attorney and shareholder at Greenspoon Marder, P.A., corporate practice group, 2016-present; John A. Gelety, PA, a transactional law firm, 2005-2016. Audit Committee. The Audit Committee of the Board currently consists of each Mr. Gelety, Ms. Gondor, Ms. Lieff and Dr. Tatum, none of whom is an “interested person” of the Fund. Nominating and Governance Committee. The Nominating and Governance Committee (the “Nominating Committee”) is currently comprised of Mr. Gelety, Ms. Gondor, Ms. Lieff, and Dr. Tatum. Director Compensation John A. Gelety $32,050
2017-08-29	John A. Gelety Age: 49 Director Lead Independent Director The Audit Committee of the Board currently consists of each Mr. Gelety, Ms. Gondor, Ms. Lieff and Dr. Tatum The Nominating and Governance Committee (the “Nominating Committee”) is currently comprised of Mr. Gelety, Ms. Gondor, Ms. Lieff, and Dr. Tatum $29,500
2018-08-29	John A. Gelety Age: 50 Director Current term expires 2019. 2011 to present. Attorney and shareholder at Greenspoon Marder, LLP, corporate practice group, 2016-present. Lead Independent Director of the Board. Audit Committee of the Board currently consists of each Mr. Gelety, Ms. Gondor, Ms. Lieff and Dr. Tatum. The Nominating and Governance Committee (the “Nominating Committee") is currently comprised of Mr. Gelety, Ms. Gondor, Ms. Lieff, and Dr. Tatum. Compensation table: John A. Gelety Director $31,000.
2019-09-30	John A. Gelety Age: 51 Director, Class II Current term expires 2019. 2011 to present. Attorney and Partner at Greenspoon Marder, LLP, corporate practice group, 2016-present; John A. Gelety, PA, a transactional law firm, 2005-2016. The Fund’s Audit Committee currently consists of each Mr. Gelety, Ms. Gondor, Ms. Lieff and Dr. Tatum. The Nominating and Governance Committee is currently comprised of Mr. Gelety, Ms. Gondor, Ms. Lieff, and Dr. Tatum. John A. Gelety $39,700
2020-08-31	John A. Gelety Age: 52 Director, Class II Current term expires 2022. 2011 to present. Attorney and Partner at Greenspoon Marder, LLP, corporate practice group, 2016-present. The Board believes that having an Independent Director fill the lead director role is appropriate. Mr. Gelety currently serves as the lead Independent Director of the Board. Audit Committee of the Board currently consists of each Mr. Gelety, Ms. Gondor, Ms. Lieff and Dr. Tatum. Nominating and Governance Committee is currently comprised of Mr. Gelety, Ms. Gondor, Ms. Lieff, and Dr. Tatum. Compensation table: John A. Gelety Director $35,600.
2021-10-01	John A. Gelety Age: 53 Director, Class II Current term expires 2022. 2011 to present. Attorney and shareholder at Greenspoon Marder, LLP, corporate practice group, 2016-present. Audit Committee of the Board currently consists of Mr. Gelety, Ms. Gondor, Ms. Lieff and Dr. Tatum. The Nominating and Governance Committee is currently comprised of Mr. Gelety, Ms. Gondor, Ms. Lieff, and Dr. Tatum. Compensation table: John A. Gelety $33,200.
2022-09-30	John A. Gelety Age: 54 Director, Class II Current term expires 2022. 2011 to present. Attorney and shareholder at Greenspoon Marder, LLP, corporate practice group, 2016-present. The Audit Committee of the Board currently consists of Mr. Gelety, Ms. Gondor, Ms. Lieff and Dr. Tatum, none of whom is an “interested person” of the Fund. Dr. Tatum serves as Chair of the Audit Committee. Mr. Gelety serves as the lead Independent Director of the Board. The Nominating and Governance Committee is currently comprised of Mr. Gelety, Ms. Gondor, Ms. Lieff, and Dr. Tatum. Mr. Gelety serves as Chair of the Nominating Committee. For the fiscal year ended June 30, 2022, the compensation paid to John A. Gelety was $33,200.
2023-09-28	John A. Gelety Age: 55 Director, Class II Current term expires 2025. 2011 to present. Attorney and Partner at Greenspoon Marder, LLP, corporate practice group, 2016-present. Mr. Gelety is a practicing attorney who specializes in business law. Mr. Gelety has been designated the lead Independent Director. The Audit Committee of the Board currently consists of Mr. Gelety, Ms. Gondor, Ms. Lieff and Dr. Tatum. The Nominating and Governance Committee (the “Nominating Committee") is currently comprised of Mr. Gelety, Ms. Gondor, Ms. Lieff, and Dr. Tatum. Compensation table: John A. Gelety $33,000.
2024-09-30	John A. Gelety Age: 56 Director, Class II Current term expires 2025. 2011 to present. Attorney and Partner at Greenspoon Marder, LLP, corporate practice group, 2016-present. The Audit Committee of the Board currently consists of Mr. Gelety, Ms. Gondor, Ms. Lieff and Dr. Tatum, none of whom is an “interested person” of the Fund. The Nominating and Governance Committee (the “Nominating Committee”) is currently comprised of Mr. Gelety, Ms. Gondor, Ms. Lieff, and Dr. Tatum, each of whom is an Independent Director under the 1940 Act and under NASDAQ Capital Market listing standards. Mr. Gelety serves as Chair of the Nominating Committee. The compensation paid by the Fund to each of its directors serving during the fiscal year ended June 30, 2024 is set forth in the compensation table below. John A. Gelety $34,950