RAYMOND J. CHESS - Corporate Board Profile

RUSH ENTERPRISES INC \TX\

Filing Date	Source Excerpt
2014-04-04	Raymond J. Chess Global Vehicle Line Executive, General Motors Co. Raymond J. Chess was appointed to the Audit Committee and Nominating and Governance Committee in January 2014.
2015-04-03	Raymond J. Chess is an independent director. He served on Audit, Compensation and Nominating and Governance Committees. 2014 Director Compensation Table shows total compensation of $204,002.
2016-04-04	Raymond J. Chess Former Global Vehicle Line Executive,General Motors Co. Audit Committee – In 2015, the Company’s Audit Committee consisted of the following directors: Thomas A. Akin, Chairman of the Audit Committee, Raymond J. Chess, James C. Underwood, William H. Cary and Dr. Kennon H. Guglielmo. Compensation Committee – In 2015, the Company’s Compensation Committee consisted of the following directors: James C. Underwood, Chairman of the Compensation Committee, Harold D. Marshall, Thomas A. Akin, Raymond J. Chess and Dr. Kennon H. Guglielmo. Nominating and Governance Committee – In 2015, the Company’s Nominating and Governance Committee consisted of the following directors: Raymond J. Chess, Chairman of the Nominating and Governance Committee, Thomas A. Akin, Harold D. Marshall, James C. Underwood and William H. Cary.
2017-04-04	Raymond J. Chess Former Global Vehicle Line Executive for General Motors Co. (“GM”), where he was responsible for global, cross-functional general management of the GM crossover market segment from 2009 to 2012; from 2001 to 2009 he was responsible for GM's commercial truck segment. Audit Committee – In 2016, the Company’s Audit Committee consisted of the following directors: Thomas A. Akin, Chairman of the Audit Committee, Raymond J. Chess, James C. Underwood, William H. Cary and Dr. Kennon H. Guglielmo. Compensation Committee – In 2016, the Company’s Compensation Committee consisted of the following directors: James C. Underwood, Chairman of the Compensation Committee, Thomas A. Akin, Raymond J. Chess and Dr. Kennon H. Guglielmo. Nominating and Governance Committee – In 2016, the Company’s Nominating and Governance Committee consisted of the following directors: Raymond J. Chess, Chairman of the Nominating and Governance Committee, Thomas A. Akin, James C. Underwood and William H. Cary. 2016 Director Compensation Table Raymond J. Chess Fees Earned or Paid in Cash ($): 140,000 Stock Awards ($): 74,994 Total ($): 214,994
2018-04-03	Raymond J. Chess received $127,500 in fees and $87,484 in stock awards for a total of $214,984 in 2017. He served as Chairman of the Nominating and Governance Committee and was a member of the Audit and Compensation Committees.
2019-04-02	In lieu of an outright grant of 2,926 shares of the Company’s Class A Common Stock, Mr. Chess elected to receive an outright grant of 2,048 shares of the Company’s Class A Common Stock with a grant date fair value of approximately $87,000 and $38,000 cash.
2020-04-01	In 2019, the Company’s Audit Committee consisted of the following directors: Thomas A. Akin, Chairman of the Audit Committee, Raymond J. Chess, James C. Underwood, William H. Cary and Dr. Kennon H. Guglielmo. The Compensation Committee consisted of the following directors: William H. Cary, Chairman of the Compensation Committee, Thomas A. Akin, James C. Underwood, Raymond J. Chess and Dr. Kennon H. Guglielmo. The Nominating and Governance Committee consisted of the following directors: Raymond J. Chess, Chairman of the Nominating and Governance Committee, Thomas A. Akin, James C. Underwood, William H. Cary and Dr. Kennon H. Guglielmo. 2019 Director Compensation Table: Raymond J. Chess Fees Earned or Paid in Cash: $140,000 Stock Awards: $74,997 Total: $214,997
2021-04-05	Raymond J. Chess Former Global Vehicle Line Executive for General Motors Co. (“GM”), where he was responsible for global, cross-functional general management of the GM crossover market segment from 2009 to 2012; from 2001 to 2009, he was responsible for GM's commercial truck segment. The following table summarizes the compensation paid to our nonemployee directors who served during 2020: 2020 Director Compensation Table Name Raymond J. Chess Fees Earned or Paid in Cash ($) 126,500 Stock Awards ($) 74,986 Total ($) 201,486
2022-04-04	Raymond J. Chess Former Global Vehicle Line Executive for General Motors Co. ("GM"), where he was responsible for global, cross-functional general management of the GM crossover market segment from 2009 to 2012; from 2001 to 2009, he was responsible for GM's commercial truck segment. The following table summarizes the compensation paid to our nonemployee directors who served during 2021: 2021 Director Compensation Table Raymond J. Chess 163,000 Fees Earned or Paid in Cash 86,975 Stock Awards ($) Total ($) 249,975
2023-04-17	During 2022, the Company’s Audit Committee consisted of the following directors: Thomas A. Akin, Chairman of the Audit Committee, William H. Cary, Dr. Kennon H. Guglielmo and Elaine Mendoza. The Audit Committee met four times during 2022. The Board of Directors has determined that each member of the Audit Committee is independent, as defined by the listing standards of the NASDAQ® Global Select Market and applicable SEC rules and regulations. The Board of Directors has also determined that each member of the Audit Committee is financially literate and that Messrs. Akin and Cary and Ms. Mendoza each have the attributes of an “Audit Committee Financial Expert,” as defined in applicable SEC regulations. The Company’s 2022 nonemployee director compensation structure, described in more detail below, consisted of (a) cash compensation in the form of annual retainer(s) and (b) equity compensation in the form of stock awards of the Company’s Class A Common Stock. In lieu of an outright grant of 2,757 shares of the Company’s Class A Common Stock, Messrs. Cary and Chess elected to receive an outright grant of 1,654 shares of the Company’s Class A Common Stock, with a grant date fair value of approximately $87,00, and $58,000 cash.
2024-04-09	The following table summarizes the compensation paid to our nonemployee directors who served during 2023: Raymond J. Chess Fees Earned or Paid in Cash $163,000, Stock Awards $86,974, Total $249,974. He served on Audit, Compensation and Human Capital, and Nominating and Governance Committees.
2025-04-08	During 2024, the Company’s Audit Committee consisted of the following directors: Thomas A. Akin, Chairman of the Audit Committee, William H. Cary, Dr. Kennon H. Guglielmo, Elaine Mendoza and Amy Boerger, who was appointed to the Audit Committee in May 2024. The Audit Committee met four times during 2024. The Board of Directors has determined that each member of the Audit Committee is independent, as defined by the listing standards of the NASDAQ® Global Select Market and applicable SEC rules and regulations. The 2024 annual retainer was as follows: Each nonemployee director received an annual retainer of $105,000 for service on the Board of Directors; The Chairman of the Compensation and Human Capital Committee and the Chairman of the Nominating and Governance Committee each received an additional annual retainer of $5,000; and The Chairman of the Audit Committee received an additional annual retainer of $20,000. In lieu of an outright grant of 3,230 shares of the Company’s Class A Common Stock, Messrs. Cary and Chess and Ms. Mendoza elected to receive an outright grant of 1,938 shares of the Company’s Class A Common Stock, with a grant date fair value of approximately $87,000, and $58,000 cash.