PAUL C. KREUCH, JR. - Corporate Board Profile

VOXX International Corp

Filing Date	Source Excerpt
2011-06-10	Paul C. Kreuch, Jr., 73, was elected to the Board of Directors in February 1997. Mr. Kreuch has over 34 years of experience in the banking industry. Since August 2005, he has been a Principal at Knightsbridge Advisors, Inc., a firm specializing in executive retained search, management consulting, and mergers and acquisitions. Prior to entering the search profession, Mr. Kreuch was a banker beginning his career at Pittsburgh National Bank and later Wachovia Bank and Trust Company in Winston-Salem, North Carolina. Mr. Kreuch joined Natwest Bancorp in 1982 and managed the U.S. and Regional banking groups. He became head of corporate banking and was named President, CEO, and a member of the board of Natwest USA, a $17 billion subsidiary in 1991. Upon the sale of Natwest in 1996, Mr. Kreuch became a management consultant and executive search professional. He has served as a director since 1997 and as Chairman of the Audit Committee since May of 2005. Mr. Kreuch's qualifications to serve on the Board include leadership experience gained through his service as a chief executive officer of other public companies and expertise in corporate finance gained through his decades of experience in commercial banking. The Audit Committee, which held four (4) meetings during the fiscal year ended February 28, 2011, currently consists of three members, namely, Paul C. Kreuch, Jr., Chairman, Dennis F. McManus, and Peter A. Lesser, all of whom qualify as “independent directors” and as Audit Committee Members under the Nasdaq corporate governance rules. The Compensation Committee, which held three (3) meetings during the fiscal year ended February 28, 2011, currently consists of three members, namely, Messrs. Lesser, Chairman, Kreuch and McManus, each of whom qualify as “independent directors” under the Nasdaq corporate governance rules and as “outside directors” under the Internal Revenue Code of 1986. The Affiliate Transaction Committee which did not meet during the fiscal year ended February 28, 2011, currently consists of three members, namely, Messrs. McManus, Chairman, Kreuch and Lesser. Currently, our non-management directors receive an annual retainer of $25,000, plus $1,500 per meeting attended and $1,000 for compensation committee meetings attended ($2,500 for the chair of the audit committee for in-person meetings of the audit committee). Chairs of each of the audit and compensation committees also receive an additional $15,000 and $10,000 per year, respectively. The following table discloses the cash, stock option awards, and other compensation earned, paid, or awarded to each of the Company's directors during the fiscal year ended February 28, 2011. Paul C. Kreuch $72,000.
2012-06-08	Paul C. Kreuch, Jr., 74, was elected to the Board of Directors in February 1997. Mr. Kreuch has over 34 years of experience in the banking industry. Since August 2005, he has been a Principal at Knightsbridge Advisors, Inc., a firm specializing in executive retained search, management consulting, and mergers and acquisitions. Prior to entering the search profession, Mr. Kreuch was a banker beginning his career at Pittsburgh National Bank and later Wachovia Bank and Trust Company in Winston-Salem, North Carolina. Mr. Kreuch joined Natwest Bancorp in 1982 and managed the U.S. and Regional banking groups. He became head of corporate banking and was named President, CEO, and a member of the board of Natwest USA (a $17 billion subsidiary), in 1991. Upon the sale of Natwest in 1996, Mr. Kreuch became a management consultant and executive search professional. He has served as a director since 1997 and as Chairman of the Audit Committee since May of 2005. Mr. Kreuch's qualifications to serve on the Board include leadership experience gained through his service as a chief executive officer of other public companies and expertise in corporate finance gained through his decades of experience in commercial banking. The Audit Committee, which held seven (7) meetings during the fiscal year ended February 29, 2012, currently consists of three members, namely, Paul C. Kreuch, Jr., Chairman, Dennis F. McManus, and Peter A. Lesser, all of whom qualify as “independent directors” and as Audit Committee Members under the Nasdaq corporate governance rules. The Compensation Committee, which held three (3) meetings during the fiscal year ended February 29, 2012, currently consists of three members, namely, Messrs. Lesser, Chairman, Kreuch and McManus, each of whom qualify as “independent directors” under the Nasdaq corporate governance rules and as “outside directors” under the Internal Revenue Code of 1986. The Affiliate Transaction Committee which met twice during the fiscal year ended February 29, 2012, currently consists of three members, namely, Messrs. McManus, Chairman, Kreuch and Lesser. Currently, our non-management directors receive an annual retainer of $50,000, plus $1,500 per meeting attended and $1,000 for compensation committee meetings attended and $1,500 for the audit committee ($2,500 for the chair of the audit committee for in-person meetings of the audit committee). Chairs of each of the audit and compensation committees also receive an additional $15,000 and $10,000 per year, respectively. The following table discloses the cash, stock option awards, and other compensation earned, paid, or awarded to each of the Company's directors during the fiscal year ended February 29, 2012. Paul C. Kreuch $83,141 cash, $15,400 audit committee chair fee, total $98,541.
2013-06-10	Paul C. Kreuch, Jr., 75, was elected to the Board of Directors in February 1997. Mr. Kreuch has over 34 years of experience in the banking industry. Since August 2005, he has been a Principal at Knightsbridge Advisors, Inc., a firm specializing in executive retained search, management consulting, and mergers and acquisitions. Prior to entering the search profession, Mr. Kreuch was a banker beginning his career at Pittsburgh National Bank and later Wachovia Bank and Trust Company in Winston-Salem, North Carolina. Mr. Kreuch joined Natwest Bancorp in 1982 and managed the U.S. and Regional banking groups. He became head of corporate banking and was named President, CEO, and a member of the board of Natwest USA (a $17 billion subsidiary), in 1991. Upon the sale of Natwest in 1996, Mr. Kreuch became a management consultant and executive search professional. He has served as a director since 1997 and as Chairman of the Audit Committee since May of 2005. Mr. Kreuch's qualifications to serve on the Board include leadership experience gained through his service as a chief executive officer of other public companies and expertise in corporate finance gained through his decades of experience in commercial banking. The Audit Committee, which held six (6) meetings during the fiscal year ended February 28, 2013, currently consists of three members, namely, Paul C. Kreuch, Jr., Chairman, Dennis F. McManus, and Peter A. Lesser, all of whom qualify as "independent directors" and as Audit Committee Members under the Nasdaq corporate governance rules. The Compensation Committee, which held five (5) meetings during the fiscal year ended February 28, 2013, currently consists of three members, namely, Messrs. Lesser, Chairman, Kreuch and McManus, each of whom qualify as "independent directors" under the Nasdaq corporate governance rules and as "outside directors" under the Internal Revenue Code of 1986.
2014-06-10	Paul C. Kreuch, Jr., 76, was elected to the Board of Directors in February 1997. Mr. Kreuch has over 34 years of experience in the banking industry. Since August 2005, he has been a Principal at Knightsbridge Advisors, Inc., a firm specializing in executive retained search, management consulting, and mergers and acquisitions. He has served as a director since 1997 and as Chairman of the Audit Committee since May of 2005. The Audit Committee currently consists of three members, namely, Paul C. Kreuch, Jr., Chairman, Peter A. Lesser, and Stan Glasgow. The Compensation Committee currently consists of three members, namely, Messrs. Lesser, Chairman, Kreuch and Glasgow. The Affiliate Transaction Committee currently consists of three members, namely, Messrs. Glasgow, Chairman, Kreuch and Lesser. Currently, our non-management directors receive an annual retainer of $50,000, plus $1,500 per meeting attended, and $1,000 for compensation committee meeting attended and $1,500 for the audit committee ($2,500 for the chair of the audit committee for in-person meetings of the audit committee). Chairs of each of the audit and compensation committees also receive an additional $15,000 and $10,000 per year, respectively. The following table discloses the cash, stock option awards, and other compensation earned, paid, or awarded to each of the Company's non-management directors during the fiscal year ended February 28, 2014. Paul C. Kreuch: $90,000 cash + $852 other = $90,852 total.
2015-06-10	Paul C. Kreuch, Jr., 77, was elected to the Board of Directors in February 1997. Mr. Kreuch has over 34 years of experience in the banking industry. Since September 1996, Mr. Kreuch has been active as a Principal in firms specializing in executive retained search, management consulting, and mergers and acquisitions. Prior to entering the search profession, Mr. Kreuch was a banker beginning his career at Pittsburgh National Bank and later Wachovia Bank and Trust Company in Winston-Salem, North Carolina. Mr. Kreuch joined Natwest Bancorp in 1982 and managed the U.S. and Regional banking groups. He became head of corporate banking and was named President, CEO, and a member of the board of Natwest USA (a $17 billion subsidiary), in 1991. Upon the sale of Natwest in 1996, Mr. Kreuch became a management consultant and executive search professional. He has served as a director since 1997 and as Chairman of the Audit Committee since May of 2005. Mr. Kreuch's qualifications to serve on the Board include leadership experience gained through his service as a chief executive officer of other public companies and expertise in corporate finance gained through his decades of experience in commercial banking. The Audit Committee, which held six (6) meetings during the fiscal year ended February 28, 2015, currently consists of three members, namely, Paul C. Kreuch, Jr., Chairman, Peter A. Lesser, and Stan Glasgow, all of whom qualify as "independent directors" and as Audit Committee Members under the Nasdaq corporate governance rules. The Compensation Committee, which held two (2) meetings and acted by consent one (1) time during the fiscal year ended February 28, 2015, currently consists of three members, namely, Messrs. Lesser, Chairman, Kreuch and Glasgow, each of whom qualify as "independent directors" under the Nasdaq corporate governance rules and as "outside directors" under the Internal Revenue Code of 1986. The Affiliate Transaction Committee, which did not meet during the fiscal year ended February 28, 2015, currently consists of three members, namely, Messrs. Glasgow, Chairman, Kreuch and Lesser. The following table discloses the cash, stock option awards, and other compensation earned, paid, or awarded to each of the Company's non-management directors during the fiscal year ended February 28, 2015. Paul C. Kreuch: $125,009.
2016-06-10	Paul C. Kreuch, Jr., 78, was elected to the Board of Directors in February 1997. He has served as Chairman of the Audit Committee since May of 2005. The Audit Committee currently consists of Paul C. Kreuch, Jr., Chairman, Peter A. Lesser, and Denise Waund Gibson, all of whom qualify as independent directors. The Compensation Committee currently consists of three members, namely, Messrs. Lesser, Chairman and Kreuch, and Ms. Gibson. The Affiliate Transaction Committee currently consists of three members, namely, Ms. Gibson, Chairwoman, and Messrs. Kreuch and Lesser. The following table discloses the cash, stock option awards, and other compensation earned, paid, or awarded to each of the Company's non-management directors during the fiscal year ended February 29, 2016. Paul C. Kreuch earned $87,293.
2017-06-09	Paul C. Kreuch, Jr., 79, was elected to the Board of Directors in February 1997. He has served as Chairman of the Audit Committee since May of 2005. The Audit Committee currently consists of Paul C. Kreuch, Jr., Chairman, Peter A. Lesser, Denise Waund Gibson and John Adamovich, Jr. The Compensation Committee currently consists of four members, namely, Messrs. Lesser, Chairman, Kreuch and Adamovich, and Ms. Gibson. The following table discloses the cash, stock option awards, and other compensation earned, paid, or awarded to each of the Company's non-management directors during the fiscal year ended February 28, 2017. Paul C. Kreuch, Jr. received $74,410.