Corporate Board Profile
Tech Score: 0/100
| Filing Date | Source Excerpt |
|---|---|
| 2002-08-05 | John Klecha has served as our Chief Financial Officer, Secretary, Treasurer and Director from October 10, 1997 through the present date. Mr. Klecha joined our company in October 1997 to assist us in emerging from our Chapter 11 reorganization proceedings. Since June 28, 1999 through the present date, Mr. Klecha has also served as our Chief Operating Officer and since March 2001, Mr. Klecha has served as our President. Mr. Klecha is in charge of all administrative, and operational functions of the Singing Machine. ... The following table sets forth certain compensation information for the fiscal years ended March 31, 2002, 2001 and 2000 with regard to Edward Steele, our Chief Executive Officer, and each of our other executive officers whose compensation exceeded $100,000 on an annual basis (the "Named Officers"): ... John Klecha 2002 $286,111 $157,200 -0- -0- 15,000 -0- -0- ... The following table sets forth information concerning all options granted to our officers and directors during the year ended March 31, 2002. No stock appreciation rights ("SAR's") were granted. ... John Klecha 15,000 50% $4.23 8/15/06 $17,500 $38,700 ... In August 2001, we granted 15,000 options to each of our directors in consideration for their services on our Board. The exercise price of each option was equal to $4.23 per share, the fair market value of our stock on the date of the grant, and the options expire on August 15, 2006. Since they serve on our Board of Directors, both Mr. Steele, our Chief Executive Officer, and Mr. Klecha, our President and Chief Operating Officer received grants of 15,000 options each in August 2001. |
Data sourced from SEC filings. Last updated: 2026-02-03