PETER T. BRENNAN - Corporate Board Profile

ReposiTrak, Inc.

Filing Date	Source Excerpt
2010-06-10	Peter T. Brennan joined the Board of Directors in January 2009. Mr. Brennan is the former President and Vice Chairman of Daymon Worldwide, Inc. Daymon Worldwide specializes in the sales and marketing of private label consumer products, working with some of the leading retail, wholesale and foodservice companies in the U.S. and in more than 20 other countries. Director compensation for 2009 was $5,000.
2011-09-23	Peter T. Brennan joined the Board of Directors in January 2009. Mr. Brennan is the former President and Vice Chairman of Daymon Worldwide, Inc. Daymon Worldwide specializes in the sales and marketing of private label consumer products, working with some of the leading retail, wholesale and foodservice companies in the U.S. and in more than 20 other countries. Mr. Brennan earned a Bachelor of Arts degree from Michigan State University, and is active in a number of professional organizations, including the Agribusiness program at Harvard Business School, and is a member of the Private and Public Scientific Academic and consumer Food Policy Group. The Nominating and Corporate Governance Committee believes that Mr. Brennan’s extensive experience as a senior executive with a worldwide company working with consumer packaged goods suppliers and retailers provides the Company and its Board of Directors with an in-depth understanding to the various challenges and opportunities facing the Company in the markets and industries it serves.
2012-04-20	Peter T. Brennan joined the Board of Directors in January 2009. Mr. Brennan is the former President and Vice Chairman of Daymon Worldwide, Inc. Daymon Worldwide specializes in the sales and marketing of private label consumer products, working with some of the leading retail, wholesale and foodservice companies in the U.S. and in more than 20 other countries. Mr. Brennan earned a Bachelor of Arts degree from Michigan State University, and is active in a number of professional organizations, including the Agribusiness program at Harvard Business School, and is a member of the Private and Public Scientific Academic and consumer Food Policy Group. The Nominating and Corporate Governance Committee believes that Mr. Brennan’s extensive experience as a senior executive with a worldwide company working with consumer packaged goods suppliers and retailers provides the Company and its Board of Directors with an in-depth understanding to the various challenges and opportunities facing the Company in the markets and industries it serves. The following table sets forth certain information regarding the nominees for election as directors of the Company. There are no family relationships between any directors and executive officers. Name of Nominee Age Title Peter T. Brennan 64 Director. The outside directors of the Company, currently consisting of James R. Gillis, Robert W. Allen, Peter Brennan, Robert P. Hermanns, C. Manly Molpus, and William S. Kies, Jr., receive the following compensation: Annual cash compensation of $10,000 payable at the rate of $2,500 per quarter. The Company has the right to pay this amount in the form of shares of Common Stock, and did so for all compensation owed directors during fiscal 2011; and Upon appointment, outside independent directors receive a grant of $75,000 payable in shares of the Company’s restricted Common Stock calculated based on the market value of the shares of Common Stock on the date of grant. The shares vest ratably over a five-year period. The following table sets forth information concerning the compensation earned during fiscal 2011 by our current directors: Name Stock Awards ($) (1) Total ($) James R. Gillis 25,000 25,000 Richard S. Krause(2) 25,000 25,000 Robert W. Allen 25,000 25,000 Peter Brennan 25,000 25,000 C. Manly Molpus 25,000 25,000 Robert P. Hermanns 10,000 10,000 William S. Kies, Jr. (3) - - (1) Stock awards consist solely of stock grants of fully vested Common Stock. Amounts shown do not reflect compensation actually received by the director. Instead, the amounts shown reflect the compensation costs recognized by the Company during the fiscal year for stock awards as determined pursuant to FAS 123R. (2) Mr. Krause resigned from the Company’s Board of Directors on February 7, 2012. (3) Mr. Kies joined the Company’s Board of Directors on November 11, 2011. The Board of Directors has an Audit Committee, a Compensation Committee, and a Nominating and Corporate Governance Committee. The following table represents the composition of each committee of the Board of Directors: Name of Director Audit Committee Compensation Committee Nominating and Corporate Governance Committee Peter T. Brennan Member - Chairman