MARTIN LAIDLAW - Corporate Board Profile

PRINCETON CAPITAL CORP

Filing Date	Source Excerpt
2016-05-19	Martin Laidlaw, 59, who was elected by the Board of Directors (to fill a vacancy) to the Company’s Board on January 18, 2016, is a Director of Premier Fiduciary Services (Cayman) Ltd. and a former Managing Director of JP Fund Administration (Cayman) Ltd. (“JPFA”) and has over 25 years of experience in the offshore financial industry. Mr. Laidlaw has an extensive range of experience with all forms of investment fund products and has held numerous directorship positions for a wide variety of offshore fund vehicles. From 1989 to 2009 Mr. Laidlaw was employed with CIBC Bank and Trust Company (Cayman) Limited. He was appointed Director and Head of Fund Services and was responsible for leading the fund services team and developing new business and client relationships. Prior to his years at CIBC, he was employed with KPMG, Cayman Islands where he led various financial services audits. He was a founding member, Director and Treasurer of the Cayman Islands Fund Administrators Association. Martin graduated from Edinburgh University in Scotland with a Bachelor of Commerce Degree. He was admitted as a Member of the Institute of Chartered Accountants of Scotland in February, 1984 and continues to maintain his qualification. He is a Cayman Islands Monetary Authority Registered Director and is a member of The Alternative Investment Management Association (AIMA). Mr. Laidlaw’s extensive experience in the financial industry, including his financial and accounting background, and his experience as a director of various offshore fund vehicles makes him well qualified to serve on our Board. Mr. Laidlaw serves as chairman of the Company’s Audit Committee, chairman of the Valuation Committee and he is a member of the Nominating and Corporate Governance Committee.
2017-06-29	Mr. Laidlaw serves as chairman of the Company’s Audit Committee and he is a member of the Company’s Nominating and Corporate Governance Committee and the Company’s Valuation Committee.
2018-04-20	Mr. Laidlaw, 61, is a Director of Premier Fiduciary Services (Cayman) Ltd. and a former Managing Director of JP Fund Administration (Cayman) Ltd. Mr. Laidlaw serves as chairman of the Company’s Audit Committee and he is a member of the Company’s Nominating and Corporate Governance Committee and the Company’s Valuation Committee.
2019-04-16	Martin Laidlaw,62, who was originally elected by the Board on January18, 2016 and most recently re-elected to the Board by the Companys stockholders at the 2018 Annual Meeting on May30, 2018, is a Director of Premier Fiduciary Services (Cayman) Ltd. and a former Managing Director of JP Fund Administration (Cayman) Ltd. ... Mr.Laidlaw serves as chairman of the Companys Audit Committee and he is a member of the Companys Nominating and Corporate Governance Committee and the Companys Valuation Committee.
2020-11-16	Martin Laidlaw,63, who was originally elected by the Board on January18, 2016 and most recently re-elected to the Board by the Company’s stockholders at the 2019 Annual Meeting on May28, 2019, provides Director Services in and from the Cayman Islands. Martin has over 30 years of experience in the offshore financial industry and has an extensive range of experience with all forms of investment fund products and has held numerous directorship positions for a wide variety of offshore fund vehicles. Previously, Mr.Laidlaw was a Director of Premier Fiduciary Services (Cayman) Ltd. and a former Managing Director of JP Fund Administration (Cayman) Ltd. Mr.Laidlaw was also employed by CIBC Bank and Trust Company (Cayman) Limited from 1989 through 2009. He was appointed Director and Head of Fund Services and was responsible for leading the fund services team and developing new business and client relationships. Prior to his years at CIBC, he was employed with KPMG, Cayman Islands where he led various financial services audits. He was a founding member, Director and Treasurer of the Cayman Islands Fund Administrators Association. Martin graduated from Edinburgh University in Scotland with a Bachelor of Commerce Degree. He was admitted as a Member of the Institute of Chartered Accountants of Scotland in February, 1984 and continues to maintain his qualification. Mr.Laidlaw’s extensive experience in the financial industry, including his financial and accounting background, and his experience as a director of various offshore fund vehicles makes him well qualified to serve on our Board. Mr.Laidlaw serves as chairman of the Company’s Audit Committee and he is a member of the Company’s Nominating and Corporate Governance Committee and the Company’s Valuation Committee.
2021-11-10	Martin Laidlaw,64, who was originally elected by the Board on January 18, 2016 and most recently re-elected to the Board by the Company27s stockholders at the 2020 Annual Meeting on December 18, 2020, provides Director Services in and from the Cayman Islands. ... Mr. Laidlaw serves as chairman of the Company27s Audit Committee and he is a member of the Company27s Nominating and Corporate Governance Committee and the Company27s Valuation Committee. ... Each independent director receives an annual fee of $30,000. ... The chairmen of the audit committee, the valuation committee and the nominating and corporate governance committee will receive an annual fee of $3,500, respectively. ... On March 13, 2017, the independent directors agreed to cap director27s fees at $50,000 per independent director annually.
2022-11-09	Martin Laidlaw,65, who was originally elected by the Board on January18, 2016 and most recently re-elected to the Board by the Companys stockholders at the 2021 Annual Meeting on December16, 2021, provides Director Services in and from the Cayman Islands. ... Mr. Laidlaw serves as chairman of the Companys Audit Committee and he is a member of the Companys Nominating and Corporate Governance Committee and the Companys Valuation Committee. ... Each independent director receives an annual fee of $30,000. ... The chairmen of the audit committee, the valuation committee and the nominating and corporate governance committee will receive an annual fee of $3,500, respectively. ... On March13, 2017, the independent directors agreed to cap directors fees at $50,000 per independent director annually.
2023-11-08	Martin Laidlaw,66, who was originally elected by the Board on January 18, 2016 and most recently re-elected to the Board by the Company’s stockholders at the 2022 Annual Meeting on December 15, 2022, provides Director Services in and from the Cayman Islands. ... Mr. Laidlaw serves as chairman of the Company’s Audit Committee and he is a member of the Company’s Nominating and Corporate Governance Committee and the Company’s Valuation Committee. ... Each independent director receives an annual fee of $30,000. ... The chairmen of the audit committee, the valuation committee and the nominating and corporate governance committee will receive an annual fee of $3,500, respectively. ... On March 13, 2017, the independent directors agreed to cap director’s fees at $50,000 per independent director annually.
2024-11-13	Martin Laidlaw,67, who was originally elected by the Board on January 18, 2016 and most recently re-elected to the Board by the Company’s stockholders at the 2023 Annual Meeting on December 14, 2023, provides Director Services in and from the Cayman Islands. Martin has over 30 years of experience in the offshore financial industry and has an extensive range of experience with all forms of investment fund products and has held numerous directorship positions for a wide variety of offshore fund vehicles. Mr. Laidlaw serves as chairman of the Company’s Audit Committee and he is a member of the Company’s Nominating and Corporate Governance Committee and the Company’s Valuation Committee. Compensation of Directors Each independent director receives an annual fee of $30,000. In addition, they will also receive $1,500 plus reimbursement of reasonable out-of-pocket expenses incurred in connection with attending in person or telephonically each regular board of directors meeting and each special telephonic meeting. They will also receive $1,500 plus reimbursement of reasonable out-of-pocket expenses incurred in connection with each committee meeting attended in person and each telephonic committee meeting. The chairmen of the audit committee, the valuation committee and the nominating and corporate governance committee will receive an annual fee of $3,500, respectively. On March 13, 2017, the independent directors agreed to cap director’s fees at $50,000 per independent director annually, and to have an amount of $12,500 advanced to them each quarter, subject to true up at the end of each quarter. The following table shows information regarding the compensation earned by our directors for the fiscal year ended December 31, 2023. No compensation is paid to directors who are “interested persons.” Independent Directors: Martin Laidlaw $50,000 total compensation.