MIGUEL ESPINOSA - Corporate Board Profile

FUEL TECH, INC.

Filing Date	Source Excerpt
2002-04-29	Miguel Espinosa has been President and Chief Executive Officer of The Riverview Group, LLC, a financial consulting company, since 2001. ... If Messrs. Espinosa and Khanachet are elected at the Meeting, the Board intends to appoint them to the Audit Committee.
2003-04-23	Miguel Espinosa has been nominated as a Managing Director. He is a member of the Audit Committee and will be nominated as Chairman of the Compensation Committee.
2004-04-29	Miguel Espinosa has been President and Chief Executive Officer of The Riverview Group, LLC, a financial consulting company, since 2001. He retired in 2001 as Treasurer of Conoco Inc., his employer since 1965. The Board has an Audit Committee of which the members are Mr. Espinosa (Chairman), Mr. Khanachet, Mr. Shaw and Mr. R. E. Bailey (ex officio). Mr. Espinosa, Mr. Khanachet and Mr. Shaw are independent members of this committee as defined by NASD Rule 4350(d). The Board also has a Compensation and Nominating Committee of which the members are Mr. Shaw (Chairman), Mr. Espinosa, Mr. Khanachet and Mr. R.E. Bailey (ex officio). Fuel Tech provides an annual cash retainer of $15,000 payable quarterly in arrears to each director and, in addition, $2,000 for each committee Chairman of Fuel Tech and, for each regular or special meeting of the Board, a meeting fee of $1,200 and, for meetings of committees. In 2003 such 10,000 share options were granted to Messrs. D. G. and R. E. Bailey, Espinosa, Khanachet, Schwartz and Shaw at the exercise price of $4.195 per share.
2005-04-27	Miguel Espinosa has been President and Chief Executive Officer of The Riverview Group, LLC, a financial consulting company, since 2001. He retired in 2001 as Treasurer of Conoco Inc., his employer since 1965. In addition to corporate finance, Mr. Espinosa's responsibilities at Conoco involved the financing of international operations, mergers and acquisitions and joint ventures. The Board has an Audit Committee of which the members are Mr. Espinosa (Chairman), Mr. Khanachet, Mr. Morrow and Mr. Shaw. The Board also has a Compensation and Nominating Committee of which the members are Mr. Shaw (Chairman), Mr. Espinosa, Mr. Khanachet and Mr. Morrow.
2006-04-27	MIGUEL ESPINOSA has been President and Chief Executive Officer of The Riverview Group, LLC, a financial consulting company, since 2001. He is a retired Treasurer of Conoco Inc. Mr. Espinosa has a Masters in Business Administration degree from the University of Texas. The Board has an Audit Committee of which the members are Mr. Espinosa (Chairman), Mr. Jones, Mr. Khanachet, Mr. Morrow and Mr. Shaw. Mr. Espinosa, Mr. Khanachet, Mr. Jones, Mr. Morrow and Mr. Shaw meet the criteria for independence set forth in NASD Rule 4200 (a)(15) and also Rule 10A-3(b)(1) under the Securities Exchange Act of 1934. The Board has also determined that Mr. Espinosa and Mr. Khanachet are audit committee members who possess "financial sophistication" as described in NASD Rule 4350(d)(2)(A). The Board also has a Compensation and Nominating Committee of which the members are Mr. Shaw (Chairman), Mr. Espinosa, Mr. Jones, Mr. Khanachet and Mr. Morrow, each of whom are independent directors of that committee as defined by NASD Rule 4200(a)(15).
2007-04-23	Mr. Espinosa is Chairman of the Audit Committee and a member of the Compensation and Nominating Committee. The following table shows for the Fuel Tech directors all compensation paid in 2006 on account of fees and stock option awards. Miguel Espinosa total compensation was $135,136.
2008-04-14	Miguel Espinosa has been President and Chief Executive Officer of The Riverview Group, LLC, a financial consulting company, since 2001. He is a retired Treasurer of Conoco Inc. He has been a member of the Board of Directors of the Electric Reliability Council of Texas ("ERCOT") since 2003, serving as Vice Chair of ERCOT's Finance and Audit Committee and as a member of its Nominating Committee. Mr. Espinosa has a Masters in Business Administration degree from the University of Texas at Austin.
2009-04-15	Miguel Espinosa has been a director of Fuel Tech since 2002. The Board has an Audit Committee of which the members are Mr. Espinosa (Chairman), Mr. Jones, Mr. Morrow, Mr. Shaw and Mr. Williamson. The Board also has a Compensation and Nominating Committee of which the members are Mr. Shaw (Chairman), Mr. Espinosa, Mr. Jones, Mr. Morrow and Mr. Williamson.
2010-04-26	Miguel Espinosa has been a director of Fuel Tech since 2002, and has been President and Chief Executive Officer of The Riverview Group, LLC, a financial consulting company, since 2001. He is a retired Treasurer of Conoco Inc. He has been a member of the Board of Directors of the Electric Reliability Council of Texas since 2003, serving as Vice Chair of the Finance and Audit Committee and as a member of its Nominating Committee.
2011-04-05	Miguel Espinosa has been a director of Fuel Tech since 2002, and has been President and Chief Executive Officer of The Riverview Group, LLC, a financial consulting company, since 2001. He is a retired Treasurer of Conoco Inc. He has been a member of the Board of Directors of the Electric Reliability Council of Texas since 2003, serving as Vice Chair of the Finance and Audit Committee and as a member of its Nominating Committee.
2012-04-11	Miguel Espinosa has been a director of Fuel Tech since 2002. He was a member of the Board of Directors of the Electric Reliability Council of Texas from 2003 to 2011, serving as Vice Chair of the Finance and Audit Committee and as a member of its Nominating Committee. Until February 27, 2012 the Board had a three-member Audit Committee whose members were Messrs. Espinosa (Chairman), Jones and Morrow. Effective February 27, 2012, the Board changed the Audit Committee to a four-member committee whose members are Messrs. Espinosa (Chairman), Grinnell, Jones and Morrow.
2013-04-17	The Audit Committee is a three-member committee comprised of Messrs. Espinosa (Chairman), Grinnell and Jones, each of whom the Board has determined is an independent director under NASD Rule 5605(a)(2) and also Rule 10A-3(b)(1) under the Securities Exchange Act of 1934. The Board has also determined that Mr. Espinosa, in light of his significant experience in positions requiring financial oversight responsibility, is an audit committee member who possesses "financial sophistication" as described in NASD Rule 5605(c)(2)(A). The Board has determined that Mr. Espinosa is an "audit committee financial expert" as defined by Securities and Exchange Commission rules. The following table shows for the Fuel Tech non-employee directors all compensation paid in 2012 on account of fees and stock option awards. Miguel Espinosa: Fees Earned or Paid in Cash $55,200, Option Awards $17,235, Total $72,435.
2014-03-31	The Audit Committee is a four-member committee comprised of Messrs. Espinosa (Chairman), Jones, Smith and Zeitler, each of whom the Board has determined is an independent director under NASD Rule 5605(a)(2) and also Rule 10A-3(b)(1) under the Securities Exchange Act of 1934. The Board has also determined that Mr. Espinosa, in light of his significant experience in positions requiring financial oversight responsibility, is an audit committee member who possesses "financial sophistication" as described in NASD Rule 5605(c)(2)(A). The Board has determined that Mr. Espinosa is an "audit committee financial expert" as defined by Securities and Exchange Commission rules. The following table shows for the Fuel Tech non-employee directors all compensation paid in 2013 on account of fees and stock option awards. Miguel Espinosa: Fees Earned or Paid in Cash $55,200, Option Awards $17,868, Change in Pension Value and Nonqualified Deferred Compensation Earnings $0, Total $73,068.
2015-04-01	Miguel Espinosa has been a director of Fuel Tech since 2002, and has been President and Chief Executive Officer of The Riverview Group, LLC, a financial consulting company, since 2001. He is a retired Treasurer of Conoco Inc. He was a member of the Board of Directors of the Electric Reliability Council of Texas from 2003 to 2011, serving as Vice Chair of the Finance and Audit Committee and as a member of its Nominating Committee. ... The Audit Committee is responsible for review of audits, financial reporting and compliance, and accounting and internal controls policy. ... The Board has determined that Mr. Espinosa, in light of his significant experience in positions requiring financial oversight responsibility, is an audit committee member who possesses “financial sophistication” as described in NASD Rule 5605(c)(2)(A). The Board has determined that Mr. Espinosa is an “audit committee financial expert” as defined by Securities and Exchange Commission rules.