W. GRANT GREGORY - Corporate Board Profile

FUEL TECH, INC.

Filing Date	Source Excerpt
2012-04-11	W. Grant Gregory was elected to the Board in August 2011. Effective February 27, 2012, the Board created the Nominating and Corporate Governance Committee of which the members are Mr. Shaw (Chairman), Mr. Gregory, and Mr. MacCormack, each of whom is an independent director of that committee.
2013-04-17	The Nominating and Corporate Governance Committee is a three-member committee comprised of Messrs. Shaw (Chairman), Gregory, and MacCormack, each of whom the Board has determined is an independent director under NASD Rule 5605(a)(2). The following table shows for the Fuel Tech non-employee directors all compensation paid in 2012 on account of fees and stock option awards. W. Grant Gregory: Fees Earned or Paid in Cash $49,600, Option Awards $17,235, Total $66,835.
2014-03-31	The Nominating and Corporate Governance Committee is a three-member committee comprised of Messrs. Shaw (Chairman), Gregory, and MacCormack, each of whom the Board has determined is an independent director under NASD Rule 5605(a)(2). The following table shows for the Fuel Tech non-employee directors all compensation paid in 2013 on account of fees and stock option awards. W. Grant Gregory: Fees Earned or Paid in Cash $46,000, Option Awards $17,868, Change in Pension Value and Nonqualified Deferred Compensation Earnings $0, Total $63,868.
2015-04-01	W. Grant Gregory has been a director of Fuel Tech since August 2011. ... As an authority on corporate governance, audit committees and compensation committees, as well as on mergers and acquisitions and tax policy, Mr. Gregory has served successfully in numerous leadership roles as chairman of the board, CEO, merchant banker and director of public, private and non-profit corporations. ... The Nominating and Corporate Governance Committee is a three-member committee comprised of Messrs. Shaw (Chairman), Gregory, and MacCormack, each of whom the Board has determined is an independent director under NASD Rule 5605(a)(2).
2016-03-24	W. Grant Gregory has been a director of Fuel Tech since August 2011. He currently is also director of Energy Corporation of America. Mr. Gregory also has served as Chairman of Gregory & Hoenemeyer, Inc., a merchant banking firm, since 1988. Mr. Gregory retired as chairman of the board after completing 24 years with Touche Ross & Co., now Deloitte & Touche. In that role, he led global teams in a wide range of industries and countries while servicing the firm's 100 largest clients. He played a leadership role in the opening of the firm's first office in the PRC in Beijing and served as an Advisor to the Ministry of Finance for the early Joint Ventures, where he was instrumental in creating the first U.S. Financial Reporting and Accounting courses. Mr. Gregory graduated with distinction from the University of Nebraska, where he was later awarded an Honorary Doctorate of Humane Letters, as well as The Builder Award, the University's highest non-academic recognition. He has completed advanced management courses at Harvard University's Graduate School of Business, at New York University, and attended the Air Force War College. As an authority on corporate governance, audit committees and compensation committees, as well as on mergers and acquisitions and tax policy, Mr. Gregory has served successfully in numerous leadership roles as chairman of the board, CEO, merchant banker and director of public, private and non-profit corporations. His extensive experience, coupled with his knowledge of the China markets, provides the Board an expanded knowledge base that can benefit the Board in its deliberations.