THOMAS W. RIECK - Corporate Board Profile

SIGMATRON INTERNATIONAL INC

Filing Date	Source Excerpt
2001-11-05	Thomas W. Rieck............. 56 Attorney and President of Rieck and Crotty, P.C. 1994 Class I
2002-08-13	Thomas W. Rieck............. 57 Attorney and President of Rieck and Crotty, P.C. Mr. Rieck was an executive officer of CSI. CSI filed a petition for relief under Chapter 11 of the Bankruptcy Code in September 2000. The Audit Committee is comprised of three directors, Messrs. Sove, Rieck, Chen all of whom are independent. The functions of the Compensation Committee are to review and approve annual salaries and bonuses for all executive officers and review, approve and recommend to the Board of Directors the terms and conditions of all employee benefit plans or changes thereto and administer the Company's 1993, 1994, 1997 and 2000 Stock Option Plans. Messrs. Rieck, Chen and Vyas are members of the Compensation Committee. The Nominating Committee will accept nominees recommended by stockholders. Messrs. Rieck and Sove are members of the Nominating Committee. Non-employee directors are entitled to be paid $1,000 per month. Directors that serve on the Audit or the Compensation Committee are paid an additional $125 per month for each committee upon which they serve. In March 2001 the Board of Directors agreed to defer payment of all non-employee directors fees until otherwise determined by the Board of Directors. In October 2001, the Board of Directors agreed to pay all directors fees, which were previously deferred.
2003-08-07	Thomas W. Rieck...................... 58 Attorney and President of Rieck and Crotty, P.C. Mr. Rieck was an executive officer of Circuit Systems, Inc. (CSI). CSI filed a petition for relief under Chapter II of the Bankruptcy Code in September 2000. The functions of the Audit Committee include: ... The Audit Committee is comprised of three directors Messrs. Sove, Rieck, Chen. The functions of the Compensation Committee ... Messrs. Rieck, Chen and Vyas are members of the Compensation Committee. The functions of the Nominating Committee ... Messrs. Rieck and Sove are members of the Nominating Committee. COMPENSATION OF DIRECTORS Non-employee directors are entitled to be paid $1,500 per month. Directors that serve on the Audit Committee are paid an additional $1,000 per month, and directors who serve on the Compensation Committee are paid an additional $250 per month. In addition, under the 1997 Directors' Stock Option Plan each non-employee director received a grant of options for 5,000 shares at each of the 1997, 1998 and 1999 annual stockholders' meetings. Such options are exercisable for ten years from the respective date of grant at a price based on the price of the Common Stock on the respective grant dates. In addition, under the 2000 Directors' Stock Option Plan, non-employee directors received a grant of options to acquire 7,500 shares of Common Stock at the September 2000, December 2001 and September 2002 annual shareholders' meetings. Such options are exercisable for ten years from the respective date of grant at a price based on the price of the Common Stock on the respective grant dates. No additional grant of options to acquire shares has been proposed by the Board of Directors.
2004-08-16	Thomas W. Rieck...................... 59 Attorney and President of Rieck and Crotty, P.C. Mr. Rieck was an executive officer of Circuit Systems, Inc.
2005-08-09	Thomas W. Rieck...................... 60 Attorney and President of Rieck and Crotty, P.C. The Audit Committee is comprised of three members: Messrs. Rieck, Sove (Chairman) and Vyas. The functions of the Compensation Committee are to review and recommend to the Board of Directors annual salaries and bonuses for all executive officers of the Company. Messrs. Rieck (Chairman), Chen and Zemenick are members of the Compensation Committee.
2006-08-04	Thomas W. Rieck.................... 61 Attorney and President of Rieck and Crotty, P.C. Mr. Rieck was an executive officer of CSI. The Audit Committee is comprised of three members: Messrs. Rieck, Sove (Chairman) and Vyas. The functions of the Compensation Committee are to review and recommend to the Board of Directors annual salaries and bonuses for all executive officers of the Company, to review, approve and recommend to the Board of Directors the terms and conditions of all employee benefit plans or changes thereto and to administer the Company's stock option plans. Messrs. Rieck (Chairman), Chen and Zemenick are members of the Compensation Committee. Mr. Rieck has been determined to be an Audit Committee financial expert as defined in Item 401 of Regulation S-K.
2007-08-09	Franklin D. Sove.... 36,500 -- -- -- -- -- 36,500 Thomas W. Rieck..... 41,250 -- -- -- -- -- 41,250 John P. Chen........ 28,750 -- -- -- -- -- 28,750
2008-08-15	Attorney and President of Rieck and Crotty, P.C. The Audit Committee is comprised of three members: Messrs. Rieck, Sove (Chairman) and Vyas. Mr. Rieck has been determined to be an Audit Committee financial expert as defined in Item 401 of Regulation S-K. The Compensation Committee are Messrs. Chen, Rieck (Chairman), and Zemenick. The Company pays non-employee directors $2,000 per month. Directors who serve on the Audit Committee are paid an additional $1,250 per month. Directors who serve on the Compensation Committee or the Nominating Committee are paid an additional $250 per month per committee.
2009-08-14	Thomas W. Rieck Class I Age 64 Attorney and President of Rieck and Crotty, P.C. Director Compensation Table: $47,550 Audit Committee member and future Chairman Compensation Committee member and former Chairman
2010-08-13	Thomas W. Rieck has served as a director of the Company since its formation in November, 1993. He has served on the Nominating Committee and is presently Chairman of the Audit Committee.
2011-08-15	Thomas W. Rieck has served as a director of the Company since its formation in November, 1993. ... He has served on the Nominating Committee and is presently Chairman of the Audit Committee, the Company’s Audit Committee financial expert, and a member of the Compensation Committee. ... The Board of Directors believes Mr. Rieck’s extensive legal, business and financial background, including his status as an audit committee financial expert, make him well-qualified to serve as a director.
2012-08-24	Thomas W. Rieck has served as a Director of the Company since its formation in November, 1993. ... He has served as Chairman of the Compensation Committee and as a member of the Nominating Committee and is presently Chairman of the Audit Committee and is the Company's Audit Committee financial expert. ... The Board of Directors has determined that each of the members of the Audit Committee is independent under the rules of the Securities and Exchange Commission and Nasdaq. Mr. Rieck has been determined to be an Audit Committee financial expert as defined in Item 407 of Regulation S-K promulgated under the Exchange Act. ... Director Compensation Table shows Thomas W. Rieck received $57,750 in fees.
2013-08-15	Thomas W. Rieck has served as a Director of the Company since its formation in November, 1993. He has served on the Nominating Committee and is presently Chairman of the Audit Committee. ... The Director Compensation Table shows Thomas W. Rieck received $60,000 in fees.
2014-08-15	Thomas W. Rieck has served as a Director of the Company since its formation in November, 1993. ... He has served on the Nominating Committee and is presently Chairman of the Audit Committee ... Director Compensation Table shows Thomas W. Rieck with total compensation of $67,935.
2015-08-14	Thomas W. Rieck has served as a Director of the Company since its formation in November, 1993. He is a shareholder of the Company. He has served on the Nominating Committee and is presently Chairman of the Audit Committee and the Companys Audit Committee financial expert.
2016-08-12	Thomas W. Rieck has served as a Director of the Company since its formation in November, 1993. He is Chairman of the Audit Committee and the Company’s Audit Committee financial expert. The Director Compensation Table shows total compensation of $73,880.
2017-08-11	Thomas W. Rieck has served as a Director of the Company since its formation in November, 1993. He has served on the Nominating Committee and is presently Chairman of the Audit Committee and the Companys Audit Committee financial expert. The Director Compensation Table shows total compensation of $72,478.
2018-08-17	Thomas W. Rieck has served as a Director of the Company since its formation in November, 1993. He is a stockholder of the Company. At that time, he was a Director and Secretary of Circuit Systems, Inc., a circuit board maker located in Elk Grove Village, Illinois, which acted as a supplier to the Company. He has served on the Nominating Committee and is presently Chairman of the Audit Committee and the Company’s Audit Committee financial expert. Prior to the time of the Company’s initial public offering and since such offering to 2014, he was President of Rieck and Crotty P.C., a Chicago law firm. He has concentrated his practice in the representation of private and public corporations in all aspects of corporate law, including, but not limited to, securities, tax, and transactional matters. He has served on the Board of Directors of numerous public and private companies. He holds a Bachelor’s degree in accounting from the University of Notre Dame, a Certified Public Accounting degree from the University of Illinois, and a law degree from Northwestern University. The Board of Directors believes Mr. Rieck’s extensive legal, business and financial background, including his status as an audit committee financial expert, make him well-qualified to serve as a Director.
2019-08-16	Thomas W. Rieck has served as a Director of the Company since its formation in November 1993. He has served on the Nominating Committee and is presently Chairman of the Audit Committee and the Company’s Audit Committee financial expert. The Company pays non-employee Directors $4,950 per month. The Chairman of the Audit and Compensation Committees are paid an additional $550 and $275 per month, respectively. The Lead Independent Director receives an additional $275 per month. In addition, non-employee Directors are awarded restricted stock pursuant to the 2018 Non-Employee Director Restricted Stock Plan. Thomas W. Rieck's total compensation was $80,675.
2020-08-21	Thomas W. Rieck has served as a Director of the Company since its formation in November 1993. He has served on the Nominating Committee and is presently Chairman of the Audit Committee and the Companys Audit Committee financial expert. The Company pays non-employee Directors $4,950 per month. The Chairman of the Audit and Compensation Committees are paid an additional $550 and $275 per month, respectively. The Lead Independent Director receives an additional $275 per month. In accordance with Company policy, directors who are also employees of the Company do not receive the remuneration described in this paragraph. In addition, non-employee Directors are awarded restricted stock pursuant to the 2018 Non-Employee Director Restricted Stock Plan. The Director Plan granted 3,000 shares to each non-employee Director on December 9, 2019, which vested six months from the date of grant. The total compensation for Mr. Rieck was $80,010.
2021-08-20	Thomas W. Rieck has served as a Director of the Company since its formation in November 1993. He is a stockholder of the Company. At that time, he was a Director and Secretary of Circuit Systems, Inc., a circuit board maker located in Elk Grove Village, Illinois, which acted as a supplier to the Company. He has served on the Nominating Committee and is presently Chairman of the Audit Committee and the Company’s Audit Committee financial expert. Prior to the time of the Company’s initial public offering and since such offering to 2014, he was President of Rieck and Crotty P.C., a Chicago law firm. He has concentrated his practice in the representation of private and public corporations in all aspects of corporate law, including, but not limited to, securities, tax, and transactional matters. He has served on the Board of Directors of numerous public and private companies. He holds a Bachelor’s degree in accounting from the University of Notre Dame, a Certified Public Accounting degree from the University of Illinois, and a law degree from Northwestern University. The Board of Directors believes Mr. Rieck’s extensive legal, business and financial background, including his status as an audit committee financial expert, make him well-qualified to serve as a Director.
2022-08-29	Thomas W. Rieck has served as a Director of the Company since its formation in November 1993. ... He has served on the Nominating Committee and is presently Chairman of the Audit Committee ... DIRECTOR COMPENSATION TABLE ... Thomas W. Rieck 68,400 33,735 102,135
2023-08-24	Thomas W. Rieck has served as a Director of the Company since its formation in November 1993. He has served on the Nominating Committee and is presently Chairman of the Audit Committee and the Company’s Audit Committee financial expert.
2024-09-20	Thomas W. Rieck has served as a Director of the Company since its formation in November 1993. ... He has served on the Nominating Committee and is presently Chairman of the Audit Committee and the Company’s Audit Committee financial expert. ... The following table summarizes the annual compensation for our non-employee directors during our fiscal year ended April 30, 2024, pursuant to our non-employee director compensation policy. Thomas W. Rieck Fees Earned or Paid in Cash: $70,150, Stock Awards: $15,350, Total: $85,500.