STEVEN L. BERMAN - Corporate Board Profile

Dorman Products, Inc.

Filing Date	Source Excerpt
2011-04-08	Steven L. Berman has been President, Secretary-Treasurer and a director of the Company since October 24, 2007. He became the Chairman of the Board and Chief Executive Officer on January 30, 2011.
2012-04-04	Steven L. Berman became the Chairman of the Board and Chief Executive Officer on January 30, 2011. Additionally, Mr. Berman has served as a director of the Company since its inception in 1978 and as Secretary-Treasurer of the Company since October 24, 2007.
2013-04-03	Steven L. Berman became the Chairman of the Board and Chief Executive Officer of the Company on January 30, 2011. Additionally, Mr. Berman has served as a director of the Company since its inception in 1978 and as Secretary-Treasurer of the Company since October 24, 2007.
2014-04-02	Steven L. Berman became the Chairman of the Board and Chief Executive Officer of the Company on January 30, 2011. Additionally, Mr. Berman has served as a director of the Company since its inception in 1978 and as Secretary-Treasurer of the Company since October 24, 2007.
2015-04-02	Steven L. Berman became the Chairman of the Board and Chief Executive Officer of the Company on January 30, 2011. Additionally, Mr. Berman has served as a director of the Company since its inception in 1978 and as Secretary and Treasurer of the Company since October 24, 2007.
2016-04-01	Steven L. Berman became the Executive Chairman of the Company on September 24, 2015. Additionally, Mr. Berman has served as a director of the Company and as Secretary and Treasurer of the Company since its inception in 1978.
2017-04-03	Steven L. Berman 57 1978 Executive Chairman, Secretary and Treasurer Leadership, Industry, Operational, Marketing No 6 Steven L. Berman became the Executive Chairman of the Company on September 24, 2015. Additionally, Mr. Berman has served as a director of the Company and as Secretary and Treasurer of the Company since its inception in 1978.
2018-03-29	Steven L. Berman became the Executive Chairman of the Company on September 24, 2015. Additionally, Mr. Berman has served as a director of the Company and as Secretary and Treasurer of the Company since its inception in 1978.
2019-04-05	Steven L. Berman became the Executive Chairman of the Company on September 24, 2015. Additionally, Mr. Berman has served as a director of the Company and as Secretary and Treasurer of the Company since its inception in 1978.
2020-04-13	Steven L. Berman became the Executive Chairman of the Company in September 2015. Additionally, Mr. Berman has served as a director of the Company since its inception in 1978.
2021-03-31	Steven L. Berman, Executive Chairman, Director Since: 1978. Mr. Berman became the Executive Chairman of the Company in September 2015. Compensation Table: Total $1,023,802.
2022-04-07	Steven L. Berman became the Executive Chairman of the Company in September 2015. Additionally, Mr. Berman has served as a director of the Company since its inception in 1978. From January 2011 to September 2015, Mr. Berman served as Chairman of the Board and Chief Executive Officer of the Company and from October 2007 to January 2011, Mr. Berman served as President of the Company. Prior to October 2007, Mr. Berman served as Executive Vice President of the Company. Pursuant to the terms of our employment agreement with Mr. Berman and subject to certain exceptions described therein, if the Corporate Governance and Nominating Committee fails to nominate or re-nominate Mr. Berman as Chairman of the Board, or if the Board removes Mr. Berman as Chairman of the Board, Mr. Berman may terminate his employment within 120 days and receive certain benefits prescribed by the employment agreement. See “Executive Compensation: Compensation Tables – Potential Payments upon Termination or Change in Control – Employment Agreements with Messrs. Berman and Olsen.”
2023-04-04	Steven L. Berman became the Non-Executive Chairman of the Company effective April 1, 2023, having served as its Executive Chairman since September 2015. Additionally, Mr. Berman has served as a director of the Company since its inception in 1978. From January 2011 to September 2015, Mr. Berman served as Chairman of the Board and Chief Executive Officer of the Company and from October 2007 to January 2011, Mr. Berman served as President of the Company. Prior to October 2007, Mr. Berman served as Executive Vice President of the Company. Total compensation for fiscal 2022 was $863,683.
2024-04-08	Steven L. Berman, age 64, Non-Executive Chairman, Director Since: 1978. Mr. Berman became the Non-Executive Chairman effective April 1, 2023. Director Compensation Table for Fiscal 2023 shows total compensation of $572,423.
2025-04-07	Steven L. Berman became the Non-Executive Chairman of the Company effective April 1, 2023, having served as its Executive Chairman since September 2015. Additionally, Mr. Berman has served as a director of the Company since its inception in 1978. From January 2011 to September 2015, Mr. Berman served as Chairman of the Board and Chief Executive Officer of the Company, and from October 2007 to January 2011, Mr. Berman served as President of the Company. Prior to October 2007, Mr. Berman served as Executive Vice President of the Company. Mr. Berman has served as our Non-Executive Chairman since April 1, 2023. Mr. Berman will not receive compensation (other than reimbursement of expenses) under our independent director compensation program until the later of the date of vesting of certain equity awards previously granted to him and April 1, 2026. The following table sets forth certain information regarding the compensation earned by or awarded to our Non-Executive Chairman and each of our independent directors who served on our Board during the fiscal year ended December 31, 2024. Mr. Berman has served as our Non-Executive Chairman since April 1, 2023. For more information regarding the payments and benefits due to Mr. Berman in connection with his transition to Non-Executive Chairman, please see “— Non-Executive Chairman Compensation” below. Mr. Berman will not receive compensation (other than reimbursement of expenses) under our independent director compensation program until the later of the date of vesting of certain equity awards previously granted to him and April 1, 2026. As of December 31, 2024, the aggregate number of unvested (i) time-based vesting restricted stock units, (ii) performance-based vesting restricted stock units and (iii) stock options held by Mr. Berman was 555, 1,525 and 1,688, respectively. The “All Other Compensation” column consists of the following payments and benefits payable pursuant to the Transition Agreement (as defined below) in connection with Mr. Berman’s transition from Executive Chairman to Non-Executive Chairman of the Board: $420,000 base salary continuation payments; $150,000 in lieu of a 2024 cash bonus award; and $14,959 for continued coverage under the Company’s health and welfare plans, in each case as per the Berman Agreement (as described and defined below).