ROGER N. SEXAUER II - Corporate Board Profile

ESPEY MFG & ELECTRONICS CORP

Filing Date	Source Excerpt
2018-10-26	Roger N. Sexauer II Age 60 An independent consultant primarily working with companies in the defense industry, specializing in strategic planning and business development. From 2004-2018, Mr. Sexauer served in various senior positions with Leonardo DRS, Inc., holding the titles Executive Vice President, Business Development, 2016-2018; President DRS Maritime and Combat Support Systems, 2014-2016; President DRS Power and Environmental Systems, 2008-2014; President, DRS Power Systems, 2005-2008; DRS C41 Group Vice President Business Development, 2004-2008. Prior thereto, he was employed by General Dynamics Electric Boat. Mr. Sexauer is a graduate of the United States Naval Academy. He serves on the Boards of Directors of the Naval Submarine League, Navy Memorial, and the American Shipbuilding Supplier Association. Committees: Audit Committee, Nominating Committee, Mergers and Acquisition Committee Compensation: $4,350
2019-10-31	Roger N. Sexauer II 61 An independent consultant primarily working with companies in the defense industry, specializing in strategic planning and business development. From 2004-2018, Mr. Sexauer served in various senior positions with Leonardo DRS, Inc., holding the titles Executive Vice President, Business Development, 2016-2018; President DRS Maritime and Combat Support Systems, 2014-2016; President DRS Power and Environmental Systems, 2008-2014; President, DRS Power Systems, 2005-2008; DRS C41 Group Vice President Business Development, 2004-2008. Prior thereto, he was employed by General Dynamics Electric Boat. Mr. Sexauer is a graduate of the United States Naval Academy. He serves on the Board of Directors of the Naval Submarine League. 2018 The Board has a standing Audit Committee whose members are Paul J. Corr, Chairman, Alvin O. Sabo, Carl Helmetag and Roger N. Sexauer II. The functions of this Committee include reviewing the engagement of the independent accountants, the scope and timing of the audit and any non-audit services to be rendered by the independent accountants, reviewing with the independent accountants and management the Company’s policies and procedures with respect to internal auditing, accounting and financial controls, and reviewing the report of the independent accountants upon completion of its audit. During the fiscal year ended June 30, 2019, the Audit Committee held four meetings, and each Committee member attended at least 75% of such meetings. Mr. Sexauer was appointed to the Audit Committee effective September 7, 2018. The Board has a standing Nominating Committee whose members are Carl Helmetag, Chairman, Michael Wool, Alvin O. Sabo, Paul J. Corr and Roger N. Sexauer II. The function of this Committee is to identify and recommend to the Board individuals for nomination to fill vacancies in, and for re-nomination to, positions as Directors of the Corporation. During the fiscal year ended June 30, 2019, the Nominating Committee held two meetings and each Committee member attended the meeting. Mr. Sexauer was appointed to the Nominating Committee effective September 7, 2018.
2020-10-26	Roger N. Sexauer II serves on the Audit, Nominating and Mergers and Acquisition Committees. He received $65,000 in fees and $6,515 in option awards for a total of $71,515.
2021-10-28	Roger N. Sexauer II 63 An independent consultant primarily working with companies in the defense industry, specializing in strategic planning and business development. From 2004-2018, Mr. Sexauer served in various senior positions with Leonardo DRS, Inc., holding the titles Executive Vice President, Business Development, 2016-2018; President DRS Maritime and Combat Support Systems, 2014-2016; President DRS Power and Environmental Systems, 2008-2014; President, DRS Power Systems, 2005-2008; DRS C41 Group Vice President Business Development, 2004-2008. Prior thereto, he was employed by General Dynamics Electric Boat. Mr. Sexauer is a graduate of the United States Naval Academy. He serves on the Board of Directors of the Naval Submarine League. 2018 The Board has a standing Audit Committee whose members are Paul J. Corr, Chairman, Alvin O. Sabo, Carl Helmetag and Roger N. Sexauer II. The Board has a standing Nominating Committee whose members are Carl Helmetag, Chairman, Michael Wool, Alvin O. Sabo, Paul J. Corr and Roger N. Sexauer II. The non-employee Directors receive an annual fee of $60,000 for being a member of the Board of Directors. Each Director who also serves as a member of the Audit Committee is compensated an additional annual fee of $2,500 with the exception of the Chairman who is compensated an additional annual fee of $5,000. Each Director who serves as a member of the Compensation Committee or the Mergers and Acquisition Committee is compensated an additional annual fee of $2,500 for each committee. The following table sets forth the compensation of the Company’s non-employee Directors for the fiscal year ending June 30, 2021: Roger N. Sexauer II $65,000 fees earned or paid in cash, $3,419 option awards, total $68,419.
2022-10-27	Roger N. Sexauer II, 64, independent consultant. Member of Audit, Nominating, and Mergers and Acquisition Committees. Compensation: $73,441.