MARC R. SARNI - Corporate Board Profile

HARBOR DIVERSIFIED, INC.

Filing Date	Source Excerpt
2004-04-29	Mr. Sarni, age 45, is a Principal at Cornerstone Investment LLC, a group engaged in the investment, development and property management of both residential and commercial real estate. Mr. Sarni worked as an investment banker at A.G. Edwards and Sons, Inc. for 17 years, and from 1997 until 2003 Mr. Sarni was the Managing Director responsible for establishing and managing the Healthcare Industry Group within the corporate finance departments Emerging Growth Sector. The Healthcare Industry Group of A.G. Edwards focused primarily on emerging growth medical technology, biotechnology, specialty pharmaceutical and healthcare services companies. Prior to joining A.G. Edwards, Mr. Sarni spent three years working as a Certified Public Accountant at PriceWaterhouse (now PricewaterhouseCoopers LLP). Mr. Sarni currently serves as a member of the Investment Advisory Committee for Ascension Health Ventures, the strategic health venture-investing subsidiary of Ascension Health, the nations largest Catholic and not-for-profit healthcare system. Mr. Sarni graduated from the University of Missouri at Columbia with a BSBA degree in Accounting and from the University of Chicago with an M.B.A. in Finance.
2005-04-29	Mr. Sarni, age 46, is a Principal at Cornerstone Investment, LLC. The Compensation Committee is composed of three independent non-employee directors: Messrs. McDonnell, Bagley and Sarni. The Audit Committee is composed of three directors and operates under a written charter adopted by the Companys Board of Directors. The members of the Audit Committee are Messrs. Bagley, Sarni and Zizza.
2006-04-27	Mr. Sarni, age 47, has served as a member of our board of directors since June 2004. ... The members of the Audit Committee are Messrs. Bagley, Sarni and Zizza. ... The Compensation Committee is composed of three independent non-employee directors: Messrs. McDonnell, Bagley and Sarni. ... During 2005, non-employee members of our board of directors were compensated $2,500 for attendance at each in-person board meeting. ...
2007-04-27	Mr. Sarni, age 48, has served as a member of our board of directors since June 2004. ... The Compensation Committee is currently composed of three non-employee directors who are independent: Messrs. McDonnell, Sarni and Zizza. ... The current members of the Audit Committee are Messrs. McDonnell, Sarni and Zizza. ... The following table shows for the fiscal year ended December 31, 2006 certain information with respect to the compensation of all non-employee directors of the Company: Marc R. Sarni ... Total: $178,883.
2008-04-25	Marc R. Sarni Mr. Sarni, age 49, has served as a member of our board of directors since June 2004. ... The Compensation Committee is currently composed of three non-employee directors who are independent: Messrs. McDonnell, Sarni and Zizza. ... The current members of the Audit Committee are Messrs. McDonnell, Sarni and Zizza. ... The following table shows for the fiscal year ended December 31, 2007 certain information with respect to the compensation of all non-employee directors of the Company: Marc R. Sarni $27,500 fees earned in cash, $69,996 option awards, total $97,496.
2009-05-07	Mr. Sarni, age 50, has served as a member of our board of directors since June 2004. ... The Compensation Committee is currently composed of two non-employee directors who are independent: Messrs. Sarni and Zizza. ... The current members of the Audit Committee are Messrs. Hauer, Sarni and Zizza. ... The following table shows for the fiscal year ended December 31, 2008, certain information with respect to the compensation of all non-employee directors of the Company: ... Marc R. Sarni 30,000 fees earned in cash, 48,588 option awards, total 78,588.
2010-04-12	Mr. Sarni, age 51, has served as a member of our board of directors since June 2004. ... The Compensation Committee is currently composed of two non-employee directors who are independent: Messrs. Sarni and Zizza. ... The current members of the Audit Committee are Messrs. Hauer, Sarni and Zizza. ... For 2009, each non-employee director received an annual retainer of $15,000, a fee of $2,500 per in-person board meeting attended, and a fee of $1,000 per telephonic committee meeting attended if the duration of the committee meeting is expected to exceed one hour (including preparation time), with the applicable committee members determining at each such meeting whether such compensation is payable. Also, directors who serve as committee chairmen for board committees received an additional annual retainer of $2,500 per year. ... The following table shows for the fiscal year ended December 31, 2009, certain information with respect to the compensation of all non-employee directors of the Company: Marc R. Sarni 54,000.
2011-09-01	Mr. Sarni, age 52, has served as a member of our Board since June 2004. Mr. Sarni is a Managing Director of NEW Holdings, LLC, a Principal at Howard Commercial Corp., and formerly a Principal at Cornerstone Investment, LLC, companies engaged in the investment in, and development, brokerage and property management of commercial real estate and formerly residential real estate. Mr. Sarni worked as an investment banker at A.G. Edwards and Sons, Inc. for 17 years, and from 1997 until 2003, Mr. Sarni was the Managing Director responsible for establishing and managing the Healthcare Industry Group within the corporate finance department's Emerging Growth Sector. The Healthcare Industry Group of A.G. Edwards focused primarily on emerging growth medical technology, biotechnology, specialty pharmaceutical and healthcare services companies. Prior to joining A.G. Edwards, Mr. Sarni spent three years working as a Certified Public Accountant at PriceWaterhouse (now PricewaterhouseCoopers LLP). Mr. Sarni currently serves as a member of the Boards of Directors of NEW Holdings, LLC, and Howard Commercial Corp., and the Board of Managers for Ascension Health Ventures, the strategic health venture-investing subsidiary of Ascension Health, the nation's largest Catholic and not-for-profit healthcare system. Mr. Sarni also previously served as a director of Young Innovations, Inc., a publicly held manufacturer and marketer of medical products used primarily in the dental industry, and Microtek Medical Holdings, Inc., a publicly held developer of infection and fluid control, safety, and other medical products directed at the healthcare industry, and Cornerstone Investments, LLC. Mr. Sarni graduated from the University of Missouri at Columbia with a BSBA degree in Accounting and from the University of Chicago with an M.B.A. in Finance. Mr. Sarni's extensive public accounting and investment banking background provides our Board valuable financial and accounting expertise. As a certified public accountant with proven management skills, having served as the Managing Director of an investment bank, Mr. Sarni brings to our Board strong accounting and financial oversight required for our financial reporting and enterprise and operational risk management.