JOHN EVERETS - Corporate Board Profile

MEDALLION FINANCIAL CORP

Filing Date	Source Excerpt
2018-01-18	John Everets Director c/o Medallion Financial Corp. 437 Madison Avenue, 38th Floor New York, NY 10022
2018-04-30	John Everets has served as our director since July 2017. He is an independent director and Chairman of the Audit Committee. The Director Compensation table shows his total compensation as $38,539 for 2017.
2019-04-30	John Everets has served as our director since July 2017. ... The Audit Committee members are Messrs. Everets, Menowitz, Tanenbaum and Weicker. Mr. Everets is the Chairman and audit committee financial expert. ... The Investment Oversight Committee members include Messrs. Alvin Murstein, Andrew M. Murstein, John Everets, David L. Rudnick and Allan Tanenbaum. ... Director Compensation table shows John Everets's total compensation for 2018 as $110,991.
2021-04-29	John Everets has served as our director since July 2017. Mr. Everets is currently a partner at Arcturus Capital in Boston, Massachusetts. Prior to joining Arcturus, he was lead investor, Chairman of the Board and Chief Executive Officer of the Bank of Maine from 2010 to 2015, where he led the recapitalization of the Bank, helped improve its financial position and eventually joined with Camden National Bank to form the largest bank in northern New England. Before leading the Bank of Maine, Mr. Everets was Chairman of Yorkshire Capital. Prior to that, he was Chairman and CEO of GE HPSC, Inc., from 1993 to 2006, where he grew the company from $100 million in assets to $1 billion before it was acquired by General Electric in 2004. Mr. Everets has served on the Board of Directors of Medallion Bank since September 2019. Mr. Everets previously served as a director of Financial Security Assurance, Advest Group Inc., and Martin Currie Business Trust. Mr. Everets also previously held several executive positions at Advest, Inc. and is a former Trustee of the Boston Athenaeum. Mr. Everets is currently a director of the Eastern Company and is on the Board of Directors of Newmans Own Foundation where he chairs the Finance Committee. He brings extensive financial and leadership experience at both public and private companies to our Board of Directors. The Audit Committee of the Board of Directors of the Company serves as the representative of the Board of Directors for general oversight of the Companys financial accounting and reporting process, system of internal control, audit process, and process for monitoring compliance with laws and regulations and the Companys standards of business conduct. The members of the Audit Committee are Mr. Everets, Ms. Hallenbeck, Mr. Menowitz, and Mr. Tanenbaum. Mr. Everets is the Chairman. Mr. Everets and Ms. Hallenbeck are the audit committee financial experts. Each Audit Committee member meets the independence requirements of NASDAQ and the Commission. The members of the Compensation Committee are Mr. Everets, Ms. Hallenbeck, Mr. Menowitz and Mr. Tanenbaum. Mr. Tanenbaum is the Chairman. Each member of the Compensation Committee is an "independent director," as defined under the NASDAQ Marketplace Rules. Each member is also a "non-employee director," as defined in Rule 16b-3 promulgated under the Exchange Act. The Compensation Committee met eleven times during the year ended December 31, 2020 and made recommendations and certain decisions concerning executive and board compensation, including annual incentives, long-term/stock based compensation and other executive employment matters. The Board of Directors approved all recommendations and ratified all decisions of the Compensation Committee during the year ended December 31, 2020. See "Compensation Discussion and Analysis." The Nominating and Governance Committee is also charged with overseeing the evaluation of the Board of Directors and reviewing our board governance principles and advising the Board of Directors on such board governance. The members of the Nominating and Governance Committee are Messrs. Everets, Menowitz and Tanenbaum. Mr. Tanenbaum is the Chairman. Each Nominating and Governance Committee member meets the independence requirements of NASDAQ and the Commission. The Nominating and Governance Committee met two times during the year ended December 31, 2020. The Investment Oversight Committee meets on an ad hoc basis to (i) review information about our managed loan portfolio, including, but not limited to, loan delinquencies; (ii) make such determinations or recommendations with respect to our managed loan portfolio as well as our role as a servicing agent as it may deem necessary or appropriate; (iii) consider such other matters related to our managed loan portfolio as it deems necessary or appropriate; (iv) approve all taxi medallion loan modifications, subject to guidelines that may be established from time to time by the Investment Oversight Committee and any other required approvals; and (v) conduct such other related matters as may be directed by the Board of Directors including reviewing information with respect to our investments other than our core operating business. The members of the Investment Oversight Committee are Messrs. Alvin Murstein, Andrew M. Murstein, John Everets, David L. Rudnick and Allan J. Tanenbaum. Mr. David L. Rudnick is the Chairman. The Investment Oversight Committee met six times during the year ended December 31, 2020. The following table sets forth certain compensation information for our non-employee directors for the fiscal year ended December 31, 2020. John Everets 89,250 25,000 114,250
2022-05-02	John Everets has served as our director since July 2017. Mr. Everets is currently a partner at Arcturus Capital in Boston, Massachusetts. Mr. Everets has served on the Board of Directors of Medallion Bank since September 2019.
2023-05-01	John Everets has served as our director since July 2017. Mr. Everets is currently a partner at Arcturus Capital in Boston, Massachusetts. ... Mr. Everets has served on the Board of Directors of Medallion Bank since September 2019. ... The members of the Audit Committee are Ms. Hallenbeck, Mr. Hatch, and Mr. Meyer. Mr. Meyer is the Chairman. ... The members of the Investment Oversight Committee are Mr. Alvin Murstein, Mr. Andrew M. Murstein, Mr. Everets, Ms. Hallenbeck, Mr. Hatch, Mr. Rudnick and Mr. Tanenbaum. Mr. Rudnick is the Chairman.