JOHN J. SHALAM - Corporate Board Profile

VOXX International Corp

Filing Date	Source Excerpt
2011-06-10	John J. Shalam, 77, was elected Chairman of the Board of Audiovox Corporation on May 1, 2005. He has served as President, Chief Executive Officer and as a Director of Audiovox or its predecessor from 1960 through May of 2005. Since then, he has served as Chairman of the Board and Director of Audiovox. Mr. Shalam is on the Board of Industry Leaders of the Consumer Electronics Association (“CEA”). Mr. Shalam's qualifications to serve on the Board include his decades of leadership experience in the consumer electronics industry as well as his in-depth knowledge of the Company, its history and the consumer electronics industry, gained through his years of service to the Company, including leading the Company as President, CEO and Director from 1960 through 2005. Mr. Shalam is also uniquely qualified to provide leadership and strategic expertise to the Board gained through his many years of service on various boards including the JPMorgan Chase Regulatory Advisory Board and various boards of the CEA, including the Executive Board.
2012-06-08	John J. Shalam, 78, was elected Chairman of the Board of VOXX International Corporation on May 1, 2005. He has served as President, Chief Executive Officer and as a Director of Voxx or its predecessor from 1960 through May of 2005. Since then, he has served as Chairman of the Board and Director of Voxx. Mr. Shalam is on the Board of Industry Leaders of the Consumer Electronics Association (“CEA”). Mr. Shalam's qualifications to serve on the Board include his decades of leadership experience in the consumer electronics industry as well as his in-depth knowledge of the Company, its history and the consumer electronics industry, gained through his years of service to the Company, including leading the Company as President, CEO and Director from 1960 through 2005. Mr. Shalam is also uniquely qualified to provide leadership and strategic expertise to the Board gained through his many years of service on various boards including the JPMorgan Chase Regulatory Advisory Board and various boards of the CEA, including the Executive Board. The offices of the Chairman of the Board and Chief Executive Officer are currently separate. Mr. Shalam serves as the Company's Chairman and Mr. Lavelle serves as the Company's Chief Executive Officer. The Board believes that this structure is the most appropriate structure at this time. Mr. Shalam is not an independent director, but is the former President and CEO of the Company. The directors of the Board believe that Mr. Shalam's in-depth knowledge of and former management responsibility for the Company's business make him the best qualified director to serve as our Chairman.
2013-06-10	John J. Shalam, 79, was elected Chairman of the Board of VOXX International Corporation on May 1, 2005. He has served as President, Chief Executive Officer and as a Director of Voxx or its predecessor from 1960 through May of 2005. Since then, he has served as Chairman of the Board and Director of Voxx. The following table discloses the cash, stock option awards, and other compensation earned, paid, or awarded to each of the Company's directors during the fiscal year ended February 28, 2013. Mr. Shalam received $450,000 in fees, $49,750 in stock awards, and $1,188,966 in non-equity incentive plan compensation for a total of $1,705,645.
2014-06-10	John J. Shalam, 80, was elected Chairman of the Board of VOXX International Corporation on May 1, 2005. He has served as President, Chief Executive Officer and as a Director of VOXX or its predecessor from 1960 through May of 2005. Since then, he has served as Chairman of the Board and Director of VOXX. Mr. Shalam is on the Board of Industry Leaders of the Consumer Electronics Association ("CEA"). The Board believes that Mr. Shalam's in-depth knowledge of and former management responsibility for the Company's business make him the best qualified director to serve as our Chairman. For Fiscal 2014, Mr. Shalam's total compensation was $1,693,488.
2015-06-10	John J. Shalam, 81, was elected Chairman of the Board of VOXX International Corporation on May 1, 2005. He has served as President, Chief Executive Officer and as a Director of VOXX or its predecessor from 1960 through May of 2005. Since then, he has served as Chairman of the Board and Director of VOXX. Mr. Shalam is on the Board of Industry Leaders of the Consumer Electronics Association ("CEA"). Mr. Shalam's qualifications to serve on the Board include his decades of leadership experience in the consumer electronics industry as well as his in-depth knowledge of the Company, its history and the consumer electronics industry, gained through his years of service to the Company, including leading the Company as President, CEO and Director from 1960 through 2005. Mr. Shalam is also uniquely qualified to provide leadership and strategic expertise to the Board gained through his many years of service on various boards including the JPMorgan Chase Regulatory Advisory Board and various boards of the CEA, including the Executive Board. For Fiscal 2015, Mr. Shalam's bonus was 3%, or $547,130, of consolidated pre-tax earnings of the Company (including certain adjustments). The following table discloses the cash, stock option awards, and other compensation earned, paid, or awarded to each of the Company's non-management directors during the fiscal year ended February 28, 2015. John J. Shalam: $1,192,902.
2016-06-10	John J. Shalam, 82, was elected Chairman of the Board of VOXX International Corporation on May 1, 2005. He has served as President, Chief Executive Officer and as a Director of VOXX or its predecessor from 1960 through May of 2005. Since then, he has served as Chairman of the Board and Director of VOXX. The Board believes that Mr. Shalam's in-depth knowledge of and former management responsibility for the Company's business make him the best qualified director to serve as our Chairman. Mr. Shalam earned $771,952 in total compensation.
2017-06-09	John J. Shalam, 83, was elected Chairman of the Board of VOXX International Corporation on May 1, 2005. He has served as Chairman of the Board and Director of Voxx. The following table discloses the cash, stock option awards, and other compensation earned, paid, or awarded to each of the Company's non-management directors during the fiscal year ended February 28, 2017. John J. Shalam received $765,287.
2018-06-08	John J. Shalam, 84, was elected Chairman of the Board of VOXX International Corporation on May 1, 2005. ... Mr. Shalam, Chairman of the Board of Voxx, is not an executive officer of the Company. ... For Fiscal 2018, Mr. Shalam's bonus was 3%, or $1,114,580, of consolidated pre-tax earnings of the Company ... The following table discloses the cash, stock option awards, and other compensation earned, paid, or awarded to each of the Company's non-management directors during the fiscal year ended February 28, 2018. ... John J. Shalam $450,000 cash fees plus $57,156 other compensation plus $1,114,580 bonus totaling $1,634,168.
2019-06-06	John J. Shalam, 85, was elected Chairman of the Board of VOXX International Corporation on May 1, 2005. ... Mr. Shalam is not an independent director, but is the former President and CEO of the Company. ... For Fiscal 2019, Mr. Shalam’s bonus was 3% of consolidated pre-tax earnings of the Company (including certain adjustments) and Mr. Stoehr’s bonus was .75% of consolidated pre-tax earnings (including certain adjustments). As the Company did not achieve pre-tax earnings for Fiscal 2019, no bonuses were awarded to Mr. Shalam or Mr. Stoehr. ... Mr. Shalam, Chairman of the Board of Voxx, is not an executive officer of the Company. ... The following table discloses the cash, stock option awards, and other compensation earned, paid, or awarded to each of the Company’s non-management directors during the fiscal year ended February 28, 2019. John J. Shalam FeesEarned or Paid in Cash ($) 450,000 ... All Other Compensation ($) 13,046 ... Total ($) 697,733
2020-06-29	John J. Shalam, 86, was elected Chairman of the Board of the Company on May 1, 2005. He has served as President, Chief Executive Officer and as a Director of Voxx or its predecessor from 1960 through May of 2005. Since then, he has served as Chairman of the Board of Directors. ... Mr. Shalam is on the Board of Industry Leaders of the Consumer Technology Association ("CTA"). ... Mr. Shalam's qualifications to serve on the Board include his knowledge of, and decades of leadership experience in, the consumer electronics industry, as well as his in-depth knowledge of the Company and its history gained through his years of service to the Company, formerly leading the Company as its President, Chief Executive Officer, and a Director from 1960 through 2005. ... During the fiscal year ended February 29, 2020, our non-management directors received an annual retainer of $50,000, plus $1,000 for each Board, Compensation Committee, Audit Committee, Nominating and Governance Committee, and Affiliate Transaction Committee meeting attended, whether by phone or in person. Chairs of each of the Audit, Compensation and Affiliate Transaction Committee also receive an additional $10,000 per year. Currently, due to the impact of COVID-19, the fees paid to our non-management directors have been reduced by twenty percent (20%), and thus our non-management directors receive an annual retainer of $40,000, plus $800 for each Board, Compensation Committee, Audit Committee, Nominating and Governance Committee, and Affiliate Transaction Committee meeting attended, whether by phone or in person. Chairs of each of the Audit, Compensation, and Nominating and Governance Committees will receive an additional $8,000 per year. The following table discloses the cash, stock option awards, and other compensation earned, paid, or awarded to each of the Company’s non-management directors during the fiscal year ended February 29, 2020. ... John J. Shalam Fees Earned or Paid in Cash $450,000, All Other Compensation $22,500, Total $514,266.
2021-06-17	John J. Shalam, 87, was elected Chairman of the Board of the Company on May 1, 2005. He has served as President, Chief Executive Officer, and as a Director of Voxx or its predecessor from 1960 through May of 2005. Since then, he has served as Chairman of the Board of Directors. ... Mr. Shalam’s qualifications to serve on the Board include his knowledge of, and decades of leadership experience in, the consumer electronics industry, as well as his in-depth knowledge of the Company and its history gained through his years of service to the Company, formerly leading the Company as its President, Chief Executive Officer, and a Director from 1960 through 2005. ... For Fiscal 2021, Mr. Shalam’s bonus was 3% of consolidated pre-tax earnings of the Company (including certain adjustments). In accordance with this calculation, Mr. Shalam’s bonus for Fiscal 2021 was $1,015,719. ... Fiscal 2021 Summary Compensation Table ... John J. Shalam Salary $450,000 Stock Awards $28,057 Non-Equity Incentive Plan Compensation $1,015,719 All Other Compensation $47,098 Total $1,540,874.
2022-06-07	John J. Shalam, 88, was elected Chairman of the Board of the Company on May 1, 2005. ... Mr. Shalam is not an independent director and is the former President and Chief Executive Officer of the Company. ... The positions of Chairman of the Board and Chief Executive Officer are currently separate. Mr. John J. Shalam serves as the Company’s Chairman and Mr. Lavelle serves as the Company’s Chief Executive Officer. ... Mr. Shalam’s qualifications to serve on the Board include his knowledge of, and decades of leadership experience in, the consumer electronics industry, as well as his in-depth knowledge of the Company and its history gained through his years of service to the Company, formerly leading the Company as its President, Chief Executive Officer, and a Director from 1960 through 2005.
2023-06-08	John J. Shalam, 89, was elected Chairman of the Board of the Company on May 1, 2005. He has served as President, Chief Executive Officer, and as a Director of Voxx or its predecessor from 1960 through May of 2005. Since then, he has served as Chairman of the Board of Directors. Mr. Shalam is on the Board of Industry Leaders of the Consumer Technology Association (“CTA”). Mr. Shalam’s qualifications to serve on the Board include his knowledge of, and decades of leadership experience in, the consumer electronics industry, as well as his in-depth knowledge of the Company and its history gained through his years of service to the Company, formerly leading the Company as its President, Chief Executive Officer, and a Director from 1960 through 2005. Mr. Shalam is also uniquely qualified to provide the Board with the benefits of the leadership skills and strategic expertise he has gained through his many years of service on various boards, including the JPMorgan Chase Regulatory Advisory Board and various boards of the CTA, including its Executive Board.
2024-06-10	John J. Shalam, 90, was elected Chair of the Board of the Company on May 1, 2005. He has served as President, Chief Executive Officer, and as a Director of Voxx or its predecessor from 1960 through May of 2005. Since then, he has served as Chair of the Board of Directors. Mr. Shalam is on the Board of Industry Leaders of the Consumer Technology Association ("CTA"). Mr. Shalam's qualifications to serve on the Board include his knowledge of, and decades of leadership experience in, the consumer electronics industry, as well as his in-depth knowledge of the Company and its history gained through his years of service to the Company, formerly leading the Company as its President, Chief Executive Officer, and a Director from 1960 through 2005. Mr. Shalam is also uniquely qualified to provide the Board with the benefits of the leadership skills and strategic expertise he has gained through his many years of service on various boards, including the JPMorgan Chase Regulatory Advisory Board and various boards of the CTA, including its Executive Board.