JOHN A. NYGREN - Corporate Board Profile

OPTICAL CABLE CORP

Filing Date	Source Excerpt
2016-03-07	Mr. Nygren was President and CEO of ChemTreat, Inc. from 2000 until his retirement in 2010, first becoming President in 1990. During Mr. Nygrens leadership and tenure, ChemTreat grew dramatically, culminating with the sale of ChemTreat to Danaher Corporation in 2007 for $436 million. Mr. Nygren joined ChemTreat in 1976 as Manager of Technical Services and was the chief architect of ChemTreats core technologies.
2017-03-13	Mr. Nygren was President and CEO of ChemTreat, Inc. from 2000 until his retirement in 2010, first becoming President in 1990. During Mr. Nygren’s leadership and tenure, ChemTreat grew dramatically, culminating with the sale of ChemTreat to Danaher Corporation in 2007 for $436 million. Mr. Nygren joined ChemTreat in 1976 as Manager of Technical Services and was the chief architect of ChemTreat’s core technologies. Mr. Nygren served as Technical Director and Vice President of Technology, prior to being named ChemTreat’s President in 1990. Prior to joining ChemTreat, Mr. Nygren served as Technical Service manager at Hercules Inc. from 1973 to 1976, and Research and Development Group Leader at Drew Chemical Corporation from 1971 to 1973. He is author of numerous papers in the water treatment discipline and holder of several patents. He served on the external advisory board for the School of Chemical Engineering and Life Sciences at Virginia Commonwealth University. His professional affiliations include the American Institute of Chemical Engineers and the National Association of Corrosion Engineers. Mr. Nygren earned his bachelor of science degree in chemical engineering from Cornell University. The Compensation Committee is comprised of Messrs. Frazier, Nygren, Weber and Williamson. The Nominating and Corporate Governance Committee is comprised of Messrs. Holland, Frazier, and Nygren. Members of the Compensation Committee of the Board of Directors of the Company were each paid an annual cash retainer of $3,000. The Chairman of the Compensation Committee was paid an additional annual cash retainer of $5,000 for their service as chairman. Members of the Nominating and Corporate Governance Committee of the Board of Directors of the Company were each paid an annual cash retainer of $500. The Chairman of the Nominating and Corporate Governance Committee was paid an additional annual cash retainer of $2,500 for their service as chairman. The following table details the total compensation earned by the Company’s non-employee directors during the fiscal year ended October 31, 2016: John A. Nygren total compensation $60,106.
2018-02-26	John A. Nygren was elected a Director of the Company in 2016. The Audit Committee is comprised of Messrs. Nygren, Weber and Williamson. The Compensation Committee is comprised of Messrs. Frazier, Nygren, Weber and Williamson. The Nominating and Corporate Governance Committee is comprised of Messrs. Holland, Frazier, and Nygren. John A. Nygren total compensation for fiscal year 2017 was $69,200.
2019-02-27	Mr. Nygren was elected a Director of the Company in 2016. The Audit Committee is comprised of Messrs. Nygren, Weber and Williamson. The Compensation Committee is comprised of Messrs. Frazier, Nygren, Weber and Williamson. The Nominating and Corporate Governance Committee is comprised of Messrs. Holland, Frazier and Nygren. The Non-Employee Director Compensation Table shows total compensation of $71,554 for Mr. Nygren in 2018.
2020-02-28	John A. Nygren was elected a Director of the Company in 2016. The Audit Committee is comprised of Messrs. Nygren, Weber and Williamson. The Compensation Committee is comprised of Messrs. Frazier, Nygren, Weber and Williamson. The Nominating and Corporate Governance Committee is comprised of Messrs. Frazier, Holland and Nygren. John A. Nygren's total compensation for fiscal year 2019 was $61,978.
2021-02-26	Mr. Nygren was elected a Director of the Company in 2016. The Audit Committee is comprised of Messrs. Nygren, Weber and Williamson. The Compensation Committee is comprised of Messrs. Frazier, Nygren, Weber and Williamson. The Nominating and Corporate Governance Committee is comprised of Messrs. Frazier, Holland and Nygren. The Non-Employee Director Compensation Table shows Mr. Nygren earned $66,000 in total compensation for fiscal year 2020.
2022-02-28	Mr. Nygren was President and CEO of ChemTreat, Inc. from 2000 until his retirement in 2010. The Audit Committee is comprised of Messrs. Nygren, Weber and Williamson. The Compensation Committee is comprised of Messrs. Frazier, Nygren, Weber and Williamson. The Nominating and Corporate Governance Committee is comprised of Messrs. Frazier, Holland and Nygren. Compensation for each non-employee director includes an annual cash retainer of $45,000 plus cash retainers of $3,500, $3,000 and $500 for Members of the Audit Committee, the Compensation Committee, and the Nominating and Corporate Governance Committee of the Board of Directors of the Company, respectively. Each director also received 6,011 Common Shares in June 2021 as part of their compensation for services during the 2021-2022 Board Year. The following table details the total compensation earned by the Company’s non-employee directors during the fiscal year ended October 31, 2021: John A. Nygren total compensation was $75,781.
2023-02-28	Mr. Nygren was elected a Director of the Company in 2016. The Audit Committee is comprised of Messrs. Frazier, Nygren and Weber. The Compensation Committee is comprised of Messrs. Frazier, Nygren and Weber. The Nominating and Corporate Governance Committee is comprised of Messrs. Frazier, Holland and Nygren. Compensation for each non-employee director includes an annual cash retainer of $45,000 plus cash retainers of $3,500, $3,000 and $500 for Members of the Audit Committee, the Compensation Committee, and the Nominating and Corporate Governance Committee, respectively. An additional cash retainer of $7,500, $5,000, and $2,500 is included for the Chairmen of the Audit Committee, the Compensation Committee, and the Nominating and Corporate Governance Committee, respectively. Mr. Nygren's total compensation for fiscal year 2022 was $86,062.
2024-02-27	John A. Nygren was elected a Director of the Company in 2016. The Audit Committee is comprised of Messrs. Frazier, Nygren and Weber. The Compensation Committee is comprised of Messrs. Frazier, Nygren and Weber. The Nominating and Corporate Governance Committee is comprised of Messrs. Frazier, Holland and Nygren. Compensation for each non-employee director includes an annual cash retainer of $45,000 plus cash retainers of $6,250, $5,000 and $3,000 for Members of the Audit Committee, the Compensation Committee, and the Nominating and Corporate Governance Committee of the Board of Directors of the Company, respectively. An additional cash retainer of $4,750, $4,500, and $4,250 is included for the Chairmen of the Audit Committee, the Compensation Committee, and the Nominating and Corporate Governance Committee, respectively, for their service as chairs. Each director also received 7,140 Common Shares in July 2023 as part of their compensation for services during the 2023-2024 Board Year. The following table details the total compensation earned by the Company’s non-employee directors during the fiscal year ended October 31, 2023: John A. Nygren: $82,933.
2025-02-28	John A. Nygren was elected a Director of the Company in 2016. Mr. Nygren served on the Audit Committee, Compensation Committee, and Nominating and Corporate Governance Committee. Compensation for each non-employee director includes an annual cash retainer of $45,000 plus cash retainers of $6,250, $5,000 and $3,000 for Members of the Audit Committee, the Compensation Committee, and the Nominating and Corporate Governance Committee respectively. John A. Nygren's total compensation was $86,723.