MICHAEL J. BANSCHBACH - Corporate Board Profile

MEXCO ENERGY CORP

Filing Date	Source Excerpt
2014-07-24	Michael J. Banschbach was appointed to the Board of Directors of the Company in July 2014. Mr. Banschbach graduated from the Colorado School of Mines in 1980 with a BS degree in Chemical Engineering. Thereafter, Mr. Banschbach served with Atlantic Richfield (ARCO) for twenty years, primarily in the gas processing midstream sector, as both an engineer and as a commercial representative. From 2001 until the present time, he has represented numerous independent oil and gas producing companies in negotiations with midstream companies for the connection of newly drilled wells and for the sale of their oil and gas production. He has conducted seminars describing the movement of gas from the wellhead to the burner tip, and the various financial transactions that take place along the way. He also serves with various charitable organizations.
2015-07-23	The Board has determined that each of the four outside directors, namely Messrs. Banschbach, Clayton, Hines and Schroeder are independent in accordance with NYSE Market rules and under the Securities Exchange Act of 1934, as amended (“Exchange Act"). Set forth below are the names, ages and positions of Mexco's directors as of July 24, 2015. Michael J. Banschbach 57 Director. The table below shows the membership of each committee of the Board and the number of meetings each committee held during the fiscal year ended March 31, 2015. Michael J. Banschbach X X X. The following table sets forth the total compensation paid to or earned by each of the Company’s directors, who were not executive officers, during fiscal year 2015. Michael J. Banschbach $ 4,500.
2016-07-22	Michael J. Banschbach was appointed to the Board of Directors of the Company in July 2014. Mr. Banschbach graduated from the Colorado School of Mines in 1980 with a BS degree in Chemical Engineering. Thereafter, Mr. Banschbach served with Atlantic Richfield (ARCO) for twenty years, primarily in the gas processing midstream sector, as both an engineer and as a commercial representative. From 2001 until the present time, he has represented numerous independent oil and gas producing companies in negotiations with midstream companies for the connection of newly drilled wells and for the sale of their oil and gas production. He has conducted seminars describing the movement of gas from the wellhead to the burner tip, and the various financial transactions that take place along the way. He also serves with various charitable organizations. The table below shows the membership of each committee of the Board and the number of meetings each committee held during the fiscal year ended March 31, 2016. Director Michael J. Banschbach serves on Audit, Compensation and Nominating committees. The following table sets forth the total compensation paid to or earned by each of the Company’s directors, who were not executive officers, during fiscal year 2016. Michael J. Banschbach received $6,000 in fees paid in cash.
2017-07-24	Michael J. Banschbach was appointed to the Board of Directors of the Company in July 2014. Mr. Banschbach graduated from the Colorado School of Mines in 1980 with a BS degree in Chemical Engineering. Thereafter, Mr. Banschbach served with Atlantic Richfield (ARCO) for twenty years, primarily in the gas processing midstream sector, as both an engineer and as a commercial representative. From 2001 until the present time, he has represented numerous independent oil and gas producing companies in negotiations with midstream companies for the connection of newly drilled wells and for the sale of their oil and gas production. He has conducted seminars describing the movement of gas from the wellhead to the burner tip, and the various financial transactions that take place along the way. He also serves with various charitable organizations. Director fees paid: $6,000.
2018-07-23	Michael J. Banschbach was appointed to the Board of Directors of the Company in July 2014. Mr. Banschbach graduated from the Colorado School of Mines in 1980 with a BS degree in Chemical Engineering. Thereafter, Mr. Banschbach served with Atlantic Richfield (ARCO) for twenty years, primarily in the gas processing midstream sector, as both an engineer and as a commercial representative. From 2001 until the present time, he has represented numerous independent oil and gas producing companies in negotiations with midstream companies for the connection of newly drilled wells and for the sale of their oil and gas production. He has conducted seminars describing the movement of gas from the wellhead to the burner tip, and the various financial transactions that take place along the way. He also serves with various charitable organizations. Director fees paid in cash were $6,000.
2019-07-16	Michael J. Banschbach was appointed to the Board of Directors of the Company in July 2014. Mr. Banschbach graduated from the Colorado School of Mines in 1980 with a BS degree in Chemical Engineering. Thereafter, Mr. Banschbach served with Atlantic Richfield (ARCO) for twenty years, primarily in the gas processing midstream sector, as both an engineer and as a commercial representative. From 2001 until the present time, he has represented numerous independent oil and gas producing companies in negotiations with midstream companies for the connection of newly drilled wells and for the sale of their oil and gas production. He has conducted seminars describing the movement of gas from the wellhead to the burner tip, and the various financial transactions that take place along the way. He also serves with various charitable organizations. Director compensation table shows $6,000 total compensation.
2020-07-21	Michael J. Banschbach was appointed to the Board of Directors of the Company in July 2014. Mr. Banschbach graduated from the Colorado School of Mines in 1980 with a BS degree in Chemical Engineering. Thereafter, Mr. Banschbach served with Atlantic Richfield (ARCO) for twenty years, primarily in the gas processing midstream sector, as both an engineer and as a commercial representative. From 2001 until the present time, he has represented numerous independent oil and gas producing companies in negotiations with midstream companies for the connection of newly drilled wells and for the sale of their oil and gas production. He has conducted seminars describing the movement of gas from the wellhead to the burner tip, and the various financial transactions that take place along the way. He also serves with various charitable organizations.
2021-07-20	The Board currently consists of one person who is an employee of the Company and five persons who are not employees of the Company (four of which are outside directors). The Board has determined that each of the four outside directors, namely Messrs. Banschbach, Clayton, Decker and Schroeder are independent in accordance with NYSE American rules and under the Securities Exchange Act of 1934, as amended ("Exchange Act"). Set forth below are the names, ages and positions of Mexco’s directors as of July 20, 2021. Michael J. Banschbach 63 Director The table below shows the membership of each committee of the Board and the number of meetings each committee held during the fiscal year ended March 31, 2021. Director Audit Compensation Nominating Michael J. Banschbach X X The following table sets forth the total compensation paid to or earned by each of the Company’s directors, who were not executive officers, during fiscal year 2021. Director Fees Paid in Cash Stock Option Awards All Other Compensation Total Michael J. Banschbach $4,500 $- $- $4,500
2022-07-21	The Board currently consists of one person who is an employee of the Company and five persons who are not employees of the Company (four of which are outside directors). The Board has determined that each of the four outside directors, namely Messrs. Banschbach, Clayton, Decker and Schroeder are independent in accordance with NYSE American rules and under the Securities Exchange Act of 1934, as amended ("Exchange Act"). Set forth below are the names, ages and positions of Mexco’s directors as of July 21, 2022. Name Age Position Michael J. Banschbach 64 Director The Board of Directors established the following standing committees: audit, compensation and nominating. The table below shows the membership of each committee of the Board and the number of meetings each committee held during the fiscal year ended March 31, 2022. Director Audit Compensation Nominating Michael J. Banschbach X X The following table sets forth the total compensation paid to or earned by each of the Company’s directors, who were not executive officers, during fiscal year 2022. Director Fees Paid in Cash Stock Option Awards All Other Compensation Total Michael J. Banschbach $6,000 - - $6,000
2023-07-20	The Board currently consists of one person who is an employee of the Company and five persons who are not employees of the Company (four of which are outside directors). The Board has determined that each of the four outside directors, namely Messrs. Banschbach, Clayton, Decker and Schroeder are independent in accordance with NYSE American rules and under the Securities Exchange Act of 1934, as amended ("Exchange Act"). Set forth below are the names, ages and positions of Mexco27s directors as of July 20, 2023. Name Age Position Michael J. Banschbach 65 Director The table below shows the membership of each committee of the Board and the number of meetings each committee held during the fiscal year ended March 31, 2023. Director Audit Compensation Nominating Michael J. Banschbach X X X The following table sets forth the total compensation paid to or earned by each of the Company27s directors, who were not executive officers, during fiscal year 2023. Director Fees Paid in Cash Stock Option Awards All Other Compensation Total Michael J. Banschbach $6,000 - - $6,000
2024-07-22	Mr. Banschbach graduated from the Colorado School of Mines in 1980 with a BS degree in Chemical Engineering.