NORMAN E. WELLS, JR. - Corporate Board Profile

SIFCO INDUSTRIES INC

Filing Date	Source Excerpt
2012-11-30	Norman E. Wells, Jr., 64, is a Partner and Operating Executive of SFW Capital Partners, LLC. Director Compensation: No compensation stated.
2013-12-13	Norman E. Wells, Jr., 65, is a Partner and Operating Executive of SFW Capital Partners, LLC... The Audit Committee, currently composed of A. L. Reitman (Chairperson), D. C. Molten, Jr., N. E. Wells, Jr. and J. G. Chapman, Sr... Compensation Committee, currently composed of N.E. Wells, Jr. (Chairperson), A. L. Reitman, D. C. Molten, Jr., and J. G. Chapman, Sr... Nominating and Governance Committee, currently composed of J. G. Chapman, Sr. (Chairperson), A. L. Reitman, N. E. Wells, Jr., and D. C. Molten, Jr... Director Compensation for Fiscal 2013... Norman E. Wells, Jr... Fees Earned or Paid in Cash ($): 19,500... Stock Awards ($): 36,900... All Other Compensation ($): 0... Total Compensation ($): 56,400.
2014-12-12	Norman E. Wells, Jr., 66, director of the Company since 2013. Mr. Wells is currently a Partner and Operating Executive of SFW Capital Partners, LLC. The Audit Committee, currently composed of Ms. Reitman (Chairperson), Mr. Molten, Jr., Mr. Wells, Jr. and Mr. Chapman, Sr. The Compensation Committee, currently composed of Mr. Wells, Jr. (Chairperson), Ms. Reitman, Mr. Molten, Jr., and Mr. Chapman, Sr. The Nominating and Governance Committee is currently composed of Mr. Chapman, Sr. (Chairperson), Ms. Reitman, Mr. Wells, Jr., and Mr. Molten, Jr.
2016-01-29	Norman E. Wells, Jr., 67, director of the Company since 2013 and Lead Independent Director since November 2015. The Audit Committee, currently composed of Ms. Reitman (Chairperson), Mr. Molten, Jr., Mr. Wells, Jr., Mr. Silk and Mr. Chapman, Sr., held five (5) meetings during fiscal 2015. The Compensation Committee, currently composed of Mr. Wells, Jr. (Chairperson), Ms. Reitman, Mr. Molten, Jr., Mr. Silk and Mr. Chapman, Sr., held four (4) meetings during fiscal 2015. The Nominating and Governance Committee is currently composed of Mr. Chapman, Sr. (Chairperson), Ms. Reitman, Mr. Wells, Jr., Mr. Silk and Mr. Molten, Jr.
2016-12-06	Norman E. Wells, Jr., 68, director of the Company since 2013, succeeded Mr. Lipscomb as Chairman of the Board effective July 1, 2016. Mr. Wells served as a Partner and Operating Executive of SFW Capital Partners, LLC (“SFW”), a specialized private equity firm that exclusively invests in Analytical Tools and Related Services businesses from 2005 to 2015. He continues to serve on the board of Spectro, Inc., an SFW portfolio investment. Mr. Wells was also the Chairman of the Board of the Summa Health System, a not-for-profit health care provider, from 2012 to 2015. Mr. Wells previously served as Chairman and CEO of Sovereign Specialty Chemicals, Inc., a manufacturer of specialty chemical products from 2002 to 2005; as CEO of Easco Aluminum, Inc. from 1996 until 1999; and as CEO of CasTech Aluminum Group Inc. from 1991 to 1996. Mr. Wells also served on the boards of Dal-Tile International and Manchester Tank & Equipment Co. Mr. Wells’ experience in managerial positions and with boards of directors of other businesses provides valuable business acumen and strategic insight to the Board.
2017-12-20	Norman E. Wells, Jr., 69, director of the Company since 2013, succeeded Mr. Lipscomb as Chairman of the Board effective July 1, 2016... The Audit Committee, currently composed of Ms. Reitman (Chairperson), Mr. Molten, Jr., Mr. Wells, Jr., and Mr. Silk... The Compensation Committee, currently composed of Mr. Wells, Jr. (Chairperson), Mr. Molten, Jr., Ms. Reitman, and Mr. Silk... The Nominating and Governance Committee is currently composed of Mr. Molten, Jr. (Chairperson), Ms. Reitman, Mr. Silk and Mr. Wells, Jr... Director Compensation Table shows Norman E. Wells, Jr. $42,000 Fees Earned or Paid in Cash, $72,635 Stock Awards, Total $114,635.
2018-12-07	Norman E. Wells, Jr., 70, director of the Company since 2013 and Chairman of the Board since July 1, 2016. ... The Audit Committee, currently composed of Ms. Reitman (Chairperson), Mr. Molten, Jr., Mr. Wells, Jr., and Mr. Silk held four (4) meetings during fiscal 2018. ... The Compensation Committee is appointed by the Board, and consists entirely of directors who are independent directors. Our Compensation Committee, currently composed of Mr. Wells, Jr. (Chairperson), Mr. Molten, Jr., Ms. Reitman, and Mr. Silk held four (4) meetings during fiscal 2018. ... The Nominating and Governance Committee is currently composed of Mr. Molten, Jr. (Chairperson), Ms. Reitman, Mr. Silk and Mr. Wells, Jr. ... The following table shows the compensation paid to each of the non-employee directors during fiscal 2018. ... Norman E. Wells, Jr. Fees Earned or Paid in Cash $42,000, Stock Awards $82,628, Total $124,628.
2019-12-16	Norman E. Wells, Jr., 71, director of the Company since 2013 and Chairman of the Board since July 1, 2016... The Audit Committee, currently composed of Ms. Reitman (Chairperson), Mr. Molten, Jr., Mr. Wells, Jr., and Mr. Silk... The Compensation Committee, currently composed of Mr. Wells, Jr. (Chairperson), Mr. Molten, Jr., Ms. Reitman, and Mr. Silk... The Nominating and Governance Committee is currently composed of Mr. Molten, Jr. (Chairperson), Ms. Reitman, Mr. Silk and Mr. Wells, Jr... The following table shows the compensation paid to each of the non-employee directors during fiscal 2019... Norman E. Wells, Jr.... $93,085
2020-12-23	Norman E. Wells, Jr., 72, director of the Company since 2013 and Chairman of the Board since July 1, 2016. ... The Audit Committee, currently composed of Ms. Reitman (Chairperson), Mrs. Gotschall, Mr. Molten, Jr., Mr. Wells, Jr., and Mr. Silk, held four (4) meetings during fiscal 2020. ... Our Compensation Committee, currently composed of Mr. Wells, Jr. (Chairperson), Mr. Gotschall, Mr. Molten, Jr., Ms. Reitman, and Mr. Silk, held four (4) meetings during fiscal 2020 ... The Nominating and Governance Committee is currently composed of Mr. Molten, Jr. (Chairperson), Mr. Gotschall, Ms. Reitman, Mr. Silk and Mr. Wells, Jr.
2021-12-10	Norman E. Wells, Jr., 73, director of the Company since 2013 and Chairman of the Board since July 1, 2016... The Audit Committee, currently composed of Ms. Reitman (Chairperson), Mr. Gotschall, Mr. Molten, Jr., Mr. Wells, Jr., and Mr. Silk... The Compensation Committee, currently composed of Mr. Wells, Jr. (Chairperson), Mr. Gotschall, Mr. Molten, Jr., Ms. Reitman, and Mr. Silk... The Nominating and Governance Committee is currently composed of Mr. Molten, Jr. (Chairperson), Mr. Gotschall, Ms. Reitman, Mr. Silk and Mr. Wells, Jr... The following table shows the compensation paid to each of the non-employee directors during fiscal 2021... Norman E. Wells, Jr. $58,000 fees earned + $62,652 stock awards = $120,652 total.
2022-12-23	Norman E. Wells, Jr., an independent director, serves as Chairman of the Board, a position he has held since July 1, 2016 and is retiring at the end of his term on January 31, 2023... The Audit Committee, currently composed of Ms. Reitman (Chairperson), Mr. Gotschall, Mr. Molten, Jr., Mr. Wells, Jr., and Mr. Silk... The Compensation Committee is currently composed of Mr. Wells, Jr. (Chairperson), Mr. Gotschall, Mr. Molten, Jr., Ms. Reitman, and Mr. Silk... The Nominating and Governance Committee is currently composed of Mr. Molten, Jr. (Chairperson), Mr. Gotschall, Ms. Reitman, Mr. Silk and Mr. Wells, Jr... Director Compensation Table shows Norman E. Wells, Jr. with total compensation $121,284.