THOMAS J. SCHULTE - Corporate Board Profile

VIRCO MFG CORPORATION

Filing Date	Source Excerpt
2007-05-17	Thomas J. Schulte, 50, Managing Partner of RBZ, a public accounting firm since 1997. Partner-In-Charge RBZ Audit Group.
2008-05-19	Thomas J. Schulte Age: 51 Role: Director Committees: Audit Committee, Corporate Governance/Nominating Committee Compensation: $36,500 Excerpt: The Companys non-employee directors receive an annual retainer of $50,000 composed of 75% in the form of quarterly cash payments and 25% in the form of a restricted stock grant on the date of the Annual Meeting. Each non-employee director who serves as a lead director or as the Chair or member of a Board committee also receives an additional annual retainer for his or her services. The lead director receives $20,000 per year. The Audit Committee Chair receives $7,500 per year, and Audit Committee members receive $4,500 per year. Chairs of the Compensation Committee and the Governance Committee each receive an additional $5,000 and the members of these committees each receive $3,000 per year. Directors are also reimbursed for travel and related expenses incurred to attend meetings. The Company has also established a pension plan for non-employee directors who have served as such for at least 10 years, providing for a series of quarterly payments (equal to the portion paid to the non-employee directors annual service fee) for such directors lifetime following the date on which such director ceases to be a director for any reason other than death. Effective December 31, 2003, the Company froze all future benefit accruals under the pension plan. Director Compensation Table: Thomas J. Schulte: Fees Paid in Cash: $24,000, Stock Awards: $12,500, Total: $36,500.
2009-05-18	Thomas J. Schulte 52 Managing Partner of RBZ, a public accounting firm from 1997 to 2007. Currently Partner-In-Charge of RBZ Audit Group since 2007. The Board of Directors has a standing Audit Committee that in fiscal 2008 was composed of Messrs. Schulte (Chair), Friesz, Moyer and Patrick. The Board of Directors has a standing Corporate Governance/Nominating Committee which is comprised of Messrs. Montgomery (Chair), Friesz, Moyer, Patrick, Parish, Schulte and Wilburn.
2010-05-07	Thomas J. Schulte, 53, Managing Partner of RBZ, a public accounting firm from 1997 to 2007. Currently Partner-In-Charge of RBZ Audit Group since 2007. Mr. Schulte brings to the Board extensive financial experience including over 30 years as a Certified Public Accountant and qualifies as an “audit committee financial expert”. Director since 2007. Audit Committee composed of Messrs. Schulte (Chair), Friesz, Moyer and Patrick. Corporate Governance/Nominating Committee composed of Messrs. Montgomery (Chair), Friesz, Moyer, Patrick, Parish, Schulte and Wilburn.
2011-05-20	Thomas J. Schulte Age 54 Managing Partner of RBZ, a public accounting firm from 1997 to 2007. Currently Partner-In-Charge of RBZ Audit Group since 2007. Mr. Schulte brings to the Board extensive financial experience including over 30 years as a Certified Public Accountant and qualifies as an “audit committee financial expert”. Audit Committee member. Corporate Governance and Nominating Committee member. Director compensation table shows total annual compensation of $73,000.
2012-05-22	Thomas J. Schulte, 55, Managing Partner of RBZ, a public accounting firm from 1997 to 2007. Currently Partner-In-Charge of RBZ Audit Group since 2007. Mr. Schulte brings to the Board extensive financial experience including over 30 years as a Certified Public Accountant and qualifies as an “audit committee financial expert”.
2013-05-28	Thomas J. Schulte, 56, Managing Partner of RBZ, a public accounting firm from 1997 to 2007. Currently Partner-In-Charge of RBZ Audit Group since 2007. Mr. Schulte brings to the Board extensive financial experience including over 30 years as a Certified Public Accountant and qualifies as an “audit committee financial expert”. The Audit Committee is composed of Messrs. Schulte (Chair), Wilburn, and Moyer. The Audit Committee held three on-site meetings and two telephonic meeting in fiscal 2012.