MARCIE EDWARDS - Corporate Board Profile

Creative Media & Community Trust Corp

Filing Date	Source Excerpt
2022-05-02	Marcie Edwards has served as a director of the Company since her appointment by our Board on February 11, 2021. Ms. Edwards served as the General Manager of the Los Angeles Department of Water and Power (LADWP) from 2014 to 2017. In that capacity, she managed a city agency with an annual budget of more than $6 billion and approximately 10,000 employees. As part of her role at LADWP, she served as a member of the Board of the Water and Power Employees’ Retirement Plan, overseeing more than $12 billion in investments. Prior to her tenure at LADWP, Ms. Edwards was the City Manager of the City of Anaheim from 2013 to 2014, overseeing an annual budget of more than $1 billion with approximately 3,000 employees, including a fire department, a police department, and a public utility company. From 2000 to 2012, Ms. Edwards was the Utility General Manager of Anaheim Public Utilities and, prior to 2000, Ms. Edwards spent almost 25 years with LADWP in a variety of positions. From 2019 to 2021, she was Chair to the California Wildfire Safety Advisory Board as a gubernational appointee. Since 2019, Ms. Edwards has been a board member of S& C Electric Company in Chicago (and a member of the Audit Committee since 2021). In 2019, Ms. Edwards was invited to serve on the Southern California Gas Company’s Advisory Safety Council. Further, since December 2018, Ms. Edwards has served on the Board of the Boys & Girls Club of Santa Clarita Valley. Ms. Edwards has a Master in Public Administration degree from the University of LaVerne. Ms. Edwards’ extensive experience in the public administration provides the Board with a strong resource on a variety of important strategic matters. Director Compensation The Company uses a combination of cash and share based compensation to attract and retain qualified candidates to serve on the Board. In setting compensation for the Company’s independent directors of the Board, the Compensation Committee considers, among other things, the substantial time commitment on the part of the directors in fulfilling their duties as well as the skill level it requires of directors. In addition, all directors of the Board are reimbursed by the Company for their expenses related to attending meetings of the Board and its committees. The cash component of each independent director’s compensation is set forth according to the following schedule: Annual board retainer $ 55,000 Annual audit committee chair retainer $ 20,000 The annual board retainer and the annual audit committee chairman retainer are payable quarterly in advance. No separate retainer is paid for an independent director’s serving as chair of the Compensation Committee or the Nominating and Corporate Governance Committee. The compensation arrangement for each independent director in 2022 is expected to be substantially the same as the annualized compensation arrangement for the independent directors in 2021, which is set forth in the table below: Director Compensation in 2021 Name Fees Earned or Paid in Cash ShareAwards (1) Total Marcie Edwards $ 69,692 $ 54,998 $ 124,690
2023-06-21	Marcie Edwards has served as a director of the Company since her appointment by our Board on February 11, 2021... The Audit Committee consists of Ms. Wong (chairman), Mr. Bech and Ms. Edwards... Our Nominating and Corporate Governance Committee is comprised of two of our independent directors: Mr. Bech, who serves as chairman, and Ms. Edwards... Director Compensation in 2022... Marcie Edwards $55,000 Fees Earned or Paid in Cash, $54,997 Share Awards, Total $109,997.
2024-07-05	Marcie Edwards has served as a director of the Company since her appointment by our Board on February 11, 2021... Ms. Edwards served as the General Manager of the Los Angeles Department of Water and Power... Audit Committee and Nominating and Corporate Governance Committee member. Director Compensation in 2023: Marcie Edwards $55,000 fees earned in cash, $54,999 share awards, total $109,999.