NELSON OBUS - Corporate Board Profile

LIFECORE BIOMEDICAL, INC. \DE\

Filing Date	Source Excerpt
2018-08-23	On May 22, 2018, the Company entered into a letter agreement with Wynnefield Capital, Inc., a stockholder of the Company, and Nelson Obus, who is a General Partner of Wynnefield. Pursuant to the Letter Agreement, the Company is nominating Mr. Obus and Andrew Powell for election to the Board of Directors at the Annual Meeting and will appoint Mr. Obus to the Audit Committee and Nominating and Corporate Governance Committee assuming that each is elected to the Board of Directors.
2019-08-21	Mr. Obus has served as a member of the Board of Directors since October 2018. ... The Compensation Committee currently consists of Dr. Sohn (Chairperson), Ms. Carosella, Mr. Obus and Mr. Powell. ... The Nominating and Corporate Governance Committee currently consists of Mr. Frank (Chairperson), Mr. Obus, Ms. Pankopf and Mr. Powell. ... The following table sets forth compensation information for the fiscal year 2019, for each member of our Board of Directors who was not an executive officer during fiscal year 2019. ... Nelson Obus $35,000 Fee Earned or Paid in Cash, $37,200 Stock Awards, Total $72,200.
2020-08-31	Nelson Obus has served as a member of the Board of Directors since October 2018. Mr. Obus is Managing Member of Wynnefield Capital Management, LLC and a General Partner at Wynnefield Capital, Inc. and his prior associations include positions with Schaffer Capital Management and Lazard Freres. Mr. Obus presently serves on the Board of Directors of Williams Industrial Services Group, Inc. (OTCMKTS:WLMS) (formerly Global Power Equipment Group Inc.), where he also serves as a member of the Compensation and Nominating and Corporate Governance Committees. Mr. Obus is also a director of MK Acquisition LLC and previously served on the Board of Directors of Layne Christensen Company, Breeze-Eastern Corporation and Underground Solutions Inc. Mr. Obus holds a Bachelor of Arts degree from New York University and a Master of Arts in political science from Brandeis University. Mr. Obus’ extensive financial experience with technology and small- to middle-market companies provides the Board of Directors with valuable insights of an experienced investment manager.
2022-09-19	Nelson Obus has served as a member of the Board of Directors since October 2018. Mr. Obus is Managing Member of Wynnefield Capital Management, LLC and a General Partner at Wynnefield Capital, Inc. and his prior associations include positions with Schaffer Capital Management and Lazard Freres. Mr. Obus presently serves on the Board of Directors of Williams Industrial Services Group, Inc. (OTCMKTS:WLMS) (formerly Global Power Equipment Group Inc.), where he also serves as a member of the Compensation and Nominating and Corporate Governance Committees. Mr. Obus is also a director of MK Acquisition LLC and previously served on the Board of Directors of Layne Christensen Company, Breeze-Eastern Corporation and Underground Solutions Inc. Mr. Obus holds a Bachelor of Arts degree from New York University and a Master of Arts in political science from Brandeis University. ... The Compensation Committee currently consists of Ms. Carosella (Chairperson), Mr. Obus, Mr. Powell, and Mr. Edwards. ... Following the Annual Meeting and the Resignations, it is expected that the Compensation Committee will consist of Mr. Schecter (Chairperson), Mr. Diradoorian, Mr. Obus, and Mr. Barbarosh. ... The Nominating and Corporate Governance Committee currently consists of Mr. Powell (Chairperson), Mr. Schechter, Mr. Obus, and Ms. Pankopf, each of whom, in the determination of the Board of Directors, meets the current independence requirements of the SEC and NASDAQ applicable to members of the Nominating and Corporate Governance Committee. ... The following table sets forth compensation information for fiscal year 2022 for each member of our Board of Directors who was not an executive officer during fiscal year 2022. ... Nelson Obus $90,000 $90,000 $0 $180,000 ...
2024-07-19	Compensation Committee: Craig Barbarosh, Raymond Diradoorian, Nelson Obus, Joshua E. Schechter (Chairperson). Effective as of the Annual Meeting date, the Compensation Committee will consist of Mr. Schechter (Chairperson), Mr. Obus, and Mr. Diradoorian. In the determination of the Board, each of Mr. Schechter, Mr. Diradoorian, and Mr. Obus meets the independence requirements of the SEC and Nasdaq applicable to members of the Compensation Committee. The Nominating and Corporate Governance Committee consists of Ms. Houde (Chairperson), Mr. Edwards and Mr. Obus, each of whom, in the determination of the Board of Directors, meets the current independence requirements of the SEC and Nasdaq applicable to members of the Nominating and Corporate Governance Committee. Compensation of Directors: Nelson Obus $94,667 150,000 — $244,667
2024-09-23	The Compensation Committee consists of Mr. Schechter (Chairperson), Mr. Obus, and Mr. Diradoorian. ... The Nominating and Corporate Governance Committee consists of Ms. Houde (Chairperson), Mr. Aryeh, Mr. Edwards and Mr. Obus. ... Nelson Obus $65,000 cash + $150,000 stock awards = $215,000 total compensation.
2025-02-27	Nelson Obus has served as a member of the Board since October 2018. Mr. Obus is General Partner at Wynnefield Capital, Inc. (“Wynnefield”) and Managing Member of Wynnefield Capital Management, LLC, as affiliate of Wynnefield.