LOREN A. UNTERSEHER - Corporate Board Profile

LENDWAY, INC.

Filing Date	Source Excerpt
2018-06-01	Loren A. Unterseher is a Managing Director of Oxbow Industries, LLC, a holding company investing in middle-market private companies, which position he has held since 2004. Over his career, Mr. Unterseher has completed over $2.5 billion in corporate finance transactions. Prior to Oxbow Industries, Mr. Unterseher was a Principal/Shareholder & Director of Mergers and Acquisitions for Craig-Hallum Capital Group. Prior to Craig-Hallum, he was Director of Private Equity for Lazard Middle Market (f/k/a Goldsmith Agio Helms). Mr. Unterseher started his investment banking career as a Vice-President in Mergers and Acquisitions at RBC (f/k/a Dain Rauscher). He began his professional career as an attorney and was a Partner at Stinson Leonard Street (f/k/a Leonard, Street & Deinard), a major Minneapolis based law firm. Mr. Unterseher is currently Chairman of the Board of Inno-flex, LLC, a private company (a director since 2016), and serves on the boards of SkyWater Technology Foundry, Inc. (since 2017), SixSpeed, LLC (since 2016) and Town & Country Fence, LLC (since 2017), each of which is a private company. Mr. Unterseher has served on several private company and not for profit boards of directors. We believe Mr. Unterseher's investment, mergers and acquisitions, and finance experience will benefit the Board. He holds a B.B.A. degree in Finance from the University of Iowa and a J.D. from the University of North Dakota.
2019-04-22	Loren A. Unterseher is a director since May 2018. The Board has determined that Mr. Unterseher is an independent director. He serves on the Audit Committee. The following table summarizes the compensation paid to our non-employee directors for 2018. Loren A. Unterseher: Total $24,500.
2020-06-12	Loren A. Unterseher is the Managing Partner of Oxbow Industries, LLC. The compensation table for non-employee directors shows Loren A. Unterseher: $19,917 Fees Earned or Paid Cash, $15,000 Stock Awards, $34,917 Total. He is Chair of the Audit Committee.
2021-04-27	Loren A. Unterseher is the Managing Partner of Oxbow Industries, LLC, a holding company investing in middle-market private companies, which position he has held since 2004. Over his career, Mr. Unterseher has completed over $2.5 billion in corporate finance transactions. Prior to Oxbow Industries, Mr. Unterseher was a Principal/Shareholder & Director of Mergers and Acquisitions for Craig-Hallum Capital Group. Prior to Craig-Hallum, he was Director of Private Equity for Lazard Middle Market (f/k/a Goldsmith Agio Helms). Mr. Unterseher started his investment banking career as a Vice-President in Mergers and Acquisitions at RBC (f/k/a Dain Rauscher). He began his professional career as an attorney and was a Partner at Stinson Leonard Street (f/k/a Leonard, Street & Deinard), a major Minneapolis based law firm. Mr. Unterseher is currently Chairman of the Board of Inno-flex, LLC, a private company (a director since 2016), and serves on the boards of SkyWater Technology Foundry, Inc. (since 2017), Town & Country Fence, LLC (since 2017) and FactRight (since 2018), each of which is a private company. Mr. Unterseher has served on several private company and not for profit boards of directors. He holds a Bachelor of Business Administration degree in Finance from the University of Iowa and a J.D. from the University of North Dakota. We believe Mr. Unterseher’s investment, mergers and acquisitions, and finance experience benefit the Board in addition to his leadership of its Audit Committee. In 2020, non-employee directors received an annual cash retainer of $17,000 per year of service and the Chairman of the Board and each Committee Chair were eligible to receive an additional annual cash retainer of $5,000. On December 22, 2020, each non-employee director received restricted stock unit grants pursuant to the 2018 Equity Incentive Plan (the “2018 Plan”) worth $15,000 based on the closing price of the Company’s common stock on the date of grant.
2022-04-19	Loren A. Unterseher is the Managing Partner of Oxbow Industries, LLC. ... The current membership of the Board’s standing committees is set forth in the following table. Loren A. Unterseher - Audit Committee Chair, Governance, Compensation and Nominating Committee Member. ... The following table summarizes the compensation paid to our non-employee directors for 2021. Loren A. Unterseher Fees Earned or Paid Cash $22,000, Stock Awards $15,000, Total $37,000.