MICHAEL S. LIPSCOMB - Corporate Board Profile

SIFCO INDUSTRIES INC

Filing Date	Source Excerpt
2001-12-14	MICHAEL S. LIPSCOMB, 55, has been Chairman, President and Chief Executive Officer of Argo-Tech Corporation since 1994. Mr. Lipscomb joined TRW's corporate staff in 1981 and was made Director of Operations for the Power Accessories Division in 1985. He was named Vice President of Operations when Argo-Tech was formed in 1986, becoming President in 1990 and Chairman in 1994. Mr. Lipscomb has served as a director of Argo-Tech and AT Holdings Corporation since 1990.
2002-12-13	MICHAEL S. LIPSCOMB, 56, director of the Company since 2002. ... The Audit Committee, currently composed of M.S. Lipscomb (Chairperson), A. L. Reitman, C. P. Miller and J. D. Whelan, held two (2) meetings during the last fiscal year. ... The Compensation Committee, currently composed of J. D. Whelan (Chairperson), M.S. Lipscomb, A. L. Reitman and C. P. Miller, held two (2) meetings during the last fiscal year. ... The Governance Committee is currently composed of J.P. Gotschall, M.S. Lipscomb, A. L. Reitman, J. D. Whelan and C. P. Miller. ... In fiscal 2002, each director (other than directors who are employed by the Company) received an annual retainer fee of $12,000 and an attendance fee of $1,000 per Board meeting, $1,000 per Committee meeting for meetings held on a day other than the day of a Board meeting and $500 per Committee meeting for meetings held on the day of a Board meeting. Committee chairperson received an additional $2,000 annual retainer for such service.
2003-12-12	MICHAEL S. LIPSCOMB, 57, director of the Company since 2002. ... The Audit Committee, currently composed of M.S. Lipscomb (Chairperson), A. L. Reitman, P. C. Miller, Jr. and J. D. Whelan, held two (2) meetings during the last fiscal year. ... The Compensation Committee, currently composed of J. D. Whelan (Chairperson), M.S. Lipscomb, A. L. Reitman and P. C. Miller, Jr., held two (2) meetings during the last fiscal year. ... The Governance Committee is currently composed of J.P. Gotschall, M.S. Lipscomb, A. L. Reitman, J. D. Whelan and P. C. Miller, Jr.. ... In fiscal 2003, each director (other than directors who are employed by the Company) received an annual retainer fee of $12,000 and an attendance fee of $1,000 per Board meeting, $1,000 per Committee meeting for meetings held on a day other than the day of a Board meeting and $500 per Committee meeting for meetings held on the day of a Board meeting. Committee chairpersons received an additional $2,000 annual retainer for such service.
2004-12-17	The Audit Committee, currently composed of M. S. Lipscomb (Chairperson), A. L. Reitman, P. C. Miller, Jr. and J. D. Whelan.
2005-12-16	The Audit Committee, currently composed of M. S. Lipscomb (Chairperson), A. L. Reitman, P. C. Miller, Jr. and J. D. Whelan, held two (2) meetings during the last fiscal year.
2010-12-15	Michael S. Lipscomb, 63, President and Chief Executive officer since 2009 and a director of the Company since 2010. Summary Compensation Table for Fiscal 2010 shows total compensation of $263,800.
2011-12-01	Michael S. Lipscomb, 64, President and Chief Executive officer since 2009 and a director of the Company since 2010... Mr. M. S. Lipscomb has been retained on a contract/consultancy basis with aggregate compensation being set at a rate of $2,500 per day... Total compensation $304,000.
2012-11-30	Michael S. Lipscomb, 65, President and Chief Executive Officer since 2009 and a director of the Company since 2010. Mr. Lipscomb also served as a director of the Company from 2002 to 2006. Compensation: Total Compensation $1,057,550.
2013-12-13	Michael S. Lipscomb, 67, President and Chief Executive Officer since 2009 and a director of the Company since 2010... Mr. Lipscomb also served as a director of the Company from 2002 to 2006... Mr. Lipscomb is currently the CEO of Aviation Component Solutions and the managing Director of GS Capital... Director Compensation for Fiscal 2013... Michael S. Lipscomb... Fees Earned or Paid in Cash ($): 0... Stock Awards ($): 198,800... All Other Compensation ($): 311,300... Total Compensation ($): 510,100.
2014-12-12	Michael S. Lipscomb, 68, President and Chief Executive Officer since August 2009 and a director of the Company since April 2010. Summary Compensation Table for Fiscal 2014 shows total compensation of $1,663,086.
2016-01-29	Michael S. Lipscomb, 69, President and Chief Executive Officer since August 2009 and a director of the Company since April 2010 and Chairman of the Board since February 2015. Mr. Lipscomb previously served as a director of the Company from 2002 to 2006. The annual cash retainer for the Chairman of the Board was $90,000 through February 2015, after which the position has been filled by Mr. Lipscomb, who receives no additional compensation for his role as Chairman of the Board. The following table sets forth information regarding the compensation of the Company’s Chairman and Chief Executive Officer for the fiscal year ended September 30, 2015: Salary $356,688, Stock Awards $729,095, All Other Compensation $19,687, Total $1,105,470.