PATRICK B. PURCELL - Corporate Board Profile

SOURCE CAPITAL /DE/

Filing Date	Source Excerpt
2010-03-31	Patrick B. Purcell, 67 Nominee Retired. Former Consultant from March 1998 to August 2000, and Executive Vice President, Chief Financial and Administrative Officer from 1989 to March 1998, of Paramount Pictures. Director/Trustee (since May 2006) of FPA Capital Fund, Inc., of FPA New Income, Inc., and of FPA Funds Trust's FPA Crescent Fund (4). No compensation stated for 2009.
2011-03-25	Patrick B. Purcell, 68(1,2) Director 2010 Retired. Former Consultant from March 1998 to August 2000, and Executive Vice President, Chief Financial and Administrative Officer from 1989 to March 1998, of Paramount Pictures. Director/Trustee (since May 2006) of FPA Capital Fund, Inc., of FPA New Income, Inc., and of FPA Funds Trust's FPA Crescent Fund (4). (1) Member of the Audit Committee of the Board of Directors. (2) Member of the Corporate Responsibility Committee of the Board of Directors. During 2010, each director who was not an interested person of FPA was compensated by the Fund at the rate of $22,000 per year plus fees for meetings attended. Patrick B. Purcell received $22,500 in aggregate compensation from the Fund in 2010.
2012-03-30	Patrick B. Purcell, 69(1,2) Director 2010 Retired. Former Executive Vice President, Chief Financial and Administrative Officer of Paramount Pictures from 1983 to 1998. ... (1) Member of the Audit Committee of the Board of Directors. (2) Member of the Corporate Responsibility Committee of the Board of Directors. ... During 2011, each director who was not an interested person of FPA was compensated by the Fund at the rate of $22,000 per year plus a fee of $2,000 per day for Board of Directors meetings attended, a fee of $500 per day to the Chairman of the Audit and Chairman of the Corporate Responsibility Committees for Committee meetings attended, a fee of $1,250 per day for Committee meetings attended on a day other than a Board meeting, and $500 per day for Special Board of Directors or Committee meetings held and attended via telephone conference. ... Patrick B. Purcell Aggregate Compensation From the Fund $32,500.
2013-03-28	Patrick B. Purcell, 70(1,2) Director 2010 Retired. Former Executive Vice President, Chief Financial and Administrative Officer of Paramount Pictures from 1983 to 1998. Director/Trustee (since May 2006) of FPA Capital Fund, Inc., of FPA New Income, Inc., and of FPA Funds Trust's FPA Crescent Fund, of FPA Funds Trust's FPA International Value Fund (since November 2011), and of FPA Paramount Fund, Inc. and of FPA Perennial Fund, Inc. (since July 2012) (3). (1) Member of the Audit Committee of the Board of Directors. (2) Member of the Nominating and Governance Committee of the Board of Directors.
2014-04-03	Patrick B. Purcell, 71(1,2) Director 2010 Retired. Former Executive Vice President, Chief Financial and Administrative Officer of Paramount Pictures from 1983 to 1998. Director/Trustee (since May 2006) of FPA Capital Fund, Inc., of FPA New Income, Inc., and of FPA Funds Trust's FPA Crescent Fund, of FPA Funds Trust's FPA International Value Fund (since November 2011), and of FPA Paramount Fund, Inc. and of FPA Perennial Fund, Inc. (since July 2012) (3). 7 0
2015-04-06	Patrick B. Purcell, 72(1,2) Director 2010 Retired. Director/Trustee (since May 2006) of FPA Capital Fund, Inc., of FPA New Income, Inc., and of FPA Funds Trust's FPA Crescent Fund; of FPA Funds Trust's FPA International Value Fund (since November 2011); and of FPA Paramount Fund, Inc. and of FPA Perennial Fund, Inc. (since July 2012) (3). (1) Member of the Audit Committee of the Board of Directors. (2) Member of the Nominating and Governance Committee of the Board of Directors. During 2014, each Director who was not an interested person of FPA was compensated by the Fund at the rate of $22,000 per year (effective in November of 2014, the rate became $24,000 per year) plus a fee of $2,000 per day for Board of Directors meetings attended, a fee of $500 per day to the Chairman of the Audit and Chairman of the Nominating and Governance Committees for Committee meetings attended, a fee of $1,250 per day for Committee meetings attended on a day other than a Board meeting, and $500 per day for Special Board of Directors or Committee meetings held and attended via telephone conference. Patrick B. Purcell received total Directors' fees of $32,283 for 2014.
2016-03-23	Patrick B. Purcell, 73 Director 2010 Retired. Formerly, Executive Vice President, Chief Financial and Administrative Officer of Paramount Pictures (1983 to 1998). Director/Trustee of FPA Capital Fund, Inc., of FPA New Income, Inc., and of FPA Funds Trust (since May 2006), and of FPA Paramount Fund, Inc. and of FPA U.S. Value Fund, Inc. (since July 2012). 7 The Motion Picture and Television Fund The Board of Directors has designated Messrs. Lipson, Osborne, Pisano, Purcell and Rudnick as the Audit Committee of the Board. All members of the Audit Committee are "independent," as that term is defined in the applicable listing standards of the NYSE. No member is considered an "interested person" of the Company within the meaning of the 1940 Act. The Audit Committee met four times during the last fiscal year. The Board of Directors has designated Messrs. Messrs. Lipson, Osborne, Pisano, Purcell and Rudnick as the Nominating and Governance Committee. All members of the Nominating and Governance Committee are "independent," as that term is defined in the applicable listing standards of the NYSE. No member is considered an "interested person" of the Company within the meaning of the 1940 Act. The Nominating and Governance Committee met four times during the last fiscal year. Patrick B. Purcell $38,000 $227,000
2017-03-28	Patrick B. Purcell, 1943 Director 2010 Retired. Former Executive Vice President, Chief Financial and Administrative Officer of Paramount Pictures from (1983 to 1998). Director/Trustee of FPA Capital Fund, Inc. and of FPA Funds Trust (since May 2006), of FPA Paramount Fund, Inc. (since 2010), of FPA U.S. Value Fund, Inc. and of FPA New Income, Inc. (since 2006). 7 None The Board of Directors has designated Ms. Brown and Messrs. Lipson, Osborne, Pisano, Purcell and Rudnick as the Audit Committee of the Board. The Board of Directors has designated Ms. Brown and Messrs. Lipson, Osborne, Pisano, Purcell and Rudnick as the Nominating and Governance Committee.
2018-04-03	Patrick B. Purcell, 1943 Director 2010 Retired. Formerly, Executive Vice President, Chief Financial and Administrative Officer of Paramount Pictures (1983 to 1998). Director/Trustee of FPA Capital Fund, Inc. and of FPA Funds Trust (since May 2006), of FPA Paramount Fund, Inc. (since 2010), of FPA U.S. Value Fund, Inc. and of FPA New Income, Inc. (since 2006). Audit Committee and Nominating and Governance Committee member. Aggregate Compensation From the Company: $27,500.
2019-04-03	Patrick B. Purcell, 1943 Director 2010 Retired (since 2000). Formerly, Consultant to Paramount Pictures 1998-2000; Executive Vice President, Chief Financial and Administrative Officer of Paramount Pictures (1983-1998).Director/Trustee of FPA Capital, Inc., FPA Funds Trust and FPA New Income, Inc. (since 2006), of Source Capital, Inc. (since 2010), of FPA U.S. Value Fund, Inc. and FPA Paramount Fund, Inc. (since 2012). The Board of Directors has designated Ms. Brown and Messrs. Lipson, Osborne, Pisano, Purcell, and Rudnick as the Audit Committee of the Board. The Board of Directors has designated Ms. Brown and Messrs. Lipson, Osborne, Pisano, Purcell, and Rudnick as the Nominating and Governance Committee. Patrick B. Purcell $25,000
2020-03-18	Patrick B. Purcell, 1943 Director 2010 Retired (since 2000). Formerly, Consultant to Paramount Pictures 1998-2000; Executive Vice President, Chief Financial and Administrative Officer of Paramount Pictures (1983-1998).Director/Trustee of FPA Capital, Inc., FPA Funds Trust and FPA New Income, Inc. (since 2006), of Source Capital, Inc. (since 2010), of FPA U.S. Value Fund, Inc. and FPA Paramount Fund, Inc. (since 2012). 8 None ...The Board of Directors has designated Ms. Brown and Messrs. Lipson, Osborne, Pisano, and Purcell as the Audit Committee of the Board...The Board of Directors has designated Ms. Brown and Messrs. Lipson, Osborne, Pisano, and Purcell as the Nominating and Governance Committee.
2021-03-31	Patrick B. Purcell, 1943 Director Retired (since 2000). Formerly, Consultant to Paramount Pictures 1998-2000; Executive Vice President, Chief Financial and Administrative Officer of Paramount Pictures (1983-1998).Director/Trustee of FPA Funds Trust and FPA New Income, Inc. (since 2006), of Source Capital, Inc. (since 2010), of FPA U.S. Core Equity Fund, Inc. (since 2012), and of Bragg Capital Trust (since 2020). Audit Committee and Nominating and Governance Committee member. Aggregate Compensation From the Company: $26,729.