JOHN Q. ARNOLD - Corporate Board Profile

ENTERPRISE FINANCIAL SERVICES CORP

Filing Date	Source Excerpt
2016-03-16	John Q. Arnold has been a director of the Company since 2015. Mr. Arnold has been a member of Enterprise Bank & Trust's Board since 2008, and is the chair of the Bank's Credit Committee. In 2015, the Audit Committee consisted of Directors Van Trease (Committee Chairperson), Arnold, Guest, Downey, and Havel. The Risk Committee in 2015 consisted of Directors Arnold (Committee Chairman), Downey, Guest, and Mullins.
2017-03-15	John Q. Arnold has been a director of the Company since 2015. Mr. Arnold has been a member of the Bank's Board since 2008, and is the chair of the Bank's Credit Committee. ... Mr. Arnold is Board Chair of John Henry Foster Company in St. Louis. ... In 2016, Mr. Arnold received cash fees of $19,800 and Mr. Eulich received cash fees of $12,200 for their services on the Bank's board of directors. ... The following table sets forth compensation paid to each of the Company’s non-employee directors during 2016. ... John Q. Arnold $27,850 Fees Earned or Paid in Cash, $37,700 Stock Awards, Total $65,550.
2018-03-14	John Q. Arnold previously served for many years in governance at St. John's Mercy Health Care, including as Chair of its Board of Directors, and its FAC Committee, as well as chair of the St. John's Mercy Hospital Board and the St. John's Mercy Foundation before joining the Mercy Health System Board in 2012. Mr. Arnold retired from the Mercy Health System Board in June 2016. Mr. Arnold received an AB from Dartmouth College in 1966 and an MBA from the Amos Tuck School of Business Administration at Dartmouth. Mr. Arnold is Board Chair of John Henry Foster Company in St. Louis. He has a substantial background in publicly held bank executive management, with particularly deep experience in credit, finance and risk management. Mr. Arnold also brings longstanding expertise in the health care industry, an important business area for the Company. The Board of Directors has determined that having an independent director serve as Chairperson of the Board is in the best interest of stockholders at this time. The structure ensures a greater role for the independent directors in the oversight of the Company and active participation of the independent directors in setting agendas and establishing priorities and procedures for the work of the Board. Director Eulich is the current Chairperson of the Board and has held that position since May of 2016. The Audit Committee met six times in 2017. All members of the Audit Committee meet the NASDAQ independence standards and meet the additional requirements applicable to Audit Committee members. In 2017, the Audit Committee consisted of Directors Van Trease (Committee Chairperson), Arnold, Downey, Guest, Havel, Kent, and Schmidt. Director Downey retired from the Board in May 2017 and Director Guest retired from the Committee in February 2017. Mr. Arnold retired from the Committee in February 2018. The Audit Committee met six times in 2017. The Board of Directors has determined that Directors Havel, Kent, and Van Trease satisfy the requirements of an “ audit committee financial expert” as defined in Item 407(d)(5) of Regulation S-K and satisfy the definition of “financially sophisticated” under NASDAQ Rule 5605(c). In 2017, non-employee directors received a $30,000 annual retainer, with Mr. Eulich receiving an $85,000 retainer for his service as chairperson of the Board and Executive Committee. Annual retainers are paid in July of each year for the upcoming 12 month period. Additionally, members receive $1,250 per board meeting attended. For committee service, the Chairpersons received an additional retainer as follows: Audit Committee - $10,000, Compensation Committee - $8,000, Risk Committee - $8,000 and Nominating and Governance Committee - $6,000. Non-Chairperson committee members receive $1,000 per committee meeting attended. Directors also receive attendance fees and retainers for service on the Bank's Board of Directors and for representing the holding company board on other committees and advisory boards. In 2017, Mr. Arnold and Mr. Eulich received cash fees of $19,500 and $14,500, respectively, for their services on the Bank's board of directors. Ms. Schmitz and Mr. Guest received a stipend of $950 and $10,200, respectively, for their service on Advisory Boards. Directors elect whether to receive their holding company board compensation in 100% common stock or 50% cash / 50% common stock. Shares are granted and issued on the cash payment date and are calculated using the grant date fair value. Such shares are not subject to vesting requirements. The shares are issued under the stockholder approved Stock Plan for Non-Management Directors. John Q. Arnold received total annual compensation of $65,000 in 2017.