Corporate Board Profile
Tech Score: 0/100
| Filing Date | Source Excerpt |
|---|---|
| 2021-03-17 | Matthew N. Westendorf, Director Nominee. Mr. Westendorf is the current President of Westendorf Manufacturing Co., Inc., a manufacturing of front-end loaders located in Onawa, Iowa, a position he has held since 2006. He currently serves on the board of directors of Jack Rabbit Manufacturing (since 2019 and on the executive board of the Farm Equipment Manufacturers Association (since 2014). Among other attributes, skills, and qualifications, the Board believes that Mr. Westendorf’s experience running a manufacturing company will allow him to provide insight into the Company’s operations and strategic direction. The Board has determined that Matthew Westendorf will qualify as “independent” within the definition provided by Nasdaq Rule 5605 if elected. |
| 2023-03-15 | Matthew N. Westendorf, Director. Mr. Westendorf is the current President of Westendorf Manufacturing Co., Inc. ... Mr. Westendorf was appointed to our Board in April 2021. ... During fiscal year 2022, Matthew Westendorf received fees earned or paid in cash of $24,000 and stock awards of $14,710, totaling $38,710. |
| 2024-03-15 | During fiscal year 2023, each director, other than the Chairman of the Board and Vice Chairman of the Board, was entitled to receive a $24,000 cash retainer for service as a director during the fiscal year, with no committee or attendance fees pursuant to this plan. The Chairmen of the Audit Committee and the Compensation Committee were each entitled to receive an additional cash retainer of $4,000 per fiscal year. Director retainers are paid quarterly in installments and are prorated to reflect a director who serves for less than a full fiscal year. Directors may, in accordance with certain timing parameters determined by the Board, elect to receive fully vested restricted common stock in lieu of the aforementioned cash retainers. Any such stock shall be issued under the Company’s 2020 Equity Incentive Plan or, if determined by the Board, an applicable successor plan approved by the Company’s stockholders. In addition, each director is reimbursed for out-of-pocket expenses to attend all Board meetings and perform other services as a Board member. Director compensation is reviewed annually, and adjustments may be adopted by the Board. During fiscal year 2023, Matthew Westendorf received $24,000 in fees and $12,040 in stock awards totaling $36,040. |
| 2025-03-14 | Mr. Westendorf is the current President of Westendorf Manufacturing Co., Inc. |
Data sourced from SEC filings. Last updated: 2025-07-01