WILLIAM C. HAMMETT, JR. - Corporate Board Profile

RAVE RESTAURANT GROUP, INC.

Filing Date	Source Excerpt
2009-11-06	William C. Hammett, Jr., 63, is retired. He was the Chief Financial Officer and Executive Vice President of Pegasus Solutions, Inc. Mr. Hammett became a director of the Company in 2007. The Chairman of the Board receives an annual retainer of $23,000 and the other non-employee directors receive an annual retainer of $17,000. Each non-employee director additionally receives a fee of $1,000 for each Board meeting attended and a fee of $250 for each Committee meeting attended. Directors are also reimbursed for their reasonable expenses in connection with attending Board and committee meetings. In addition to an annual retainer and meeting fees, each non-employee director is eligible to receive stock option awards under the 2005 Non-Employee Directors Stock Option Award Plan. The following table summarizes compensation earned by each of our non-employee directors who served in such capacity during fiscal 2009. William C. Hammett, Jr.: $23,750 fees earned, $10,063 option awards, total $33,813.
2010-11-05	William C. Hammett, Jr., 64, became a director of the Company in 2007. Mr. Hammett is the Chief Executive Officer of iH3, LLC., an early stage, integrated wellness and fitness company working with physicians and hospitals targeting chronic illnesses. ... William C. Hammett, Jr. (2) $22,500 Fees Earned, $16,801 Option Awards, $39,301 Total.
2011-11-03	William C. Hammett, Jr., 65, became a director of the Company in 2007. Mr. Hammett is the Chief Executive Officer of iH3, LLC., an integrated wellness and fitness company working with physicians and hospitals targeting chronic illnesses. The following table summarizes compensation earned by each of our non-employee directors who served in such capacity during fiscal 2011. William C. Hammett, Jr. $31,983 total.
2012-10-05	William C. Hammett, Jr., 66, became a director of the Company in 2007. Mr. Hammett is the Chief Executive Officer of iH3, LLC. William C. Hammett, Jr. earned $26,250 in fees in fiscal 2012.
2013-10-03	William C. Hammett, Jr., 67, became a director of the Company in 2007. Mr. Hammett is the Chief Executive Officer of iH3, LLC, an integrated wellness and fitness company working with physicians and hospitals targeting chronic illnesses. The following table summarizes compensation earned by each person who served as a non-employee director during fiscal 2013. William C. Hammett, Jr. (2) 23,250 -- 23,250
2014-10-06	William C. Hammett, Jr., 68, became a director of the Company in 2007. Mr. Hammett is retired. The Board believes that Mr. Hammett should serve as a director of the Company due to his financial and management background and his experience in the restaurant, entertainment and hospitality industries. Mr. Hammett received $22,500 in total compensation in fiscal 2014.
2015-10-06	William C. Hammett, Jr., 69, became a director of the Company in 2007. Mr. Hammett is retired. The Board has four standing committees: Executive Committee, Audit Committee, Compensation Committee, and Nominating and Governance Committee. The following table summarizes compensation earned by each person who served as a non-employee director during fiscal 2015. William C. Hammett, Jr. (2) 22,500 -- 22,500
2016-10-04	William C. Hammett, Jr., 70, became a director of the Company in 2007. Mr. Hammett is retired. The Board believes that Mr. Hammett should serve as a director of the Company due to his financial and management background and his experience in the restaurant, entertainment and hospitality industries. In fiscal 2016, Mr. Hammett earned $22,250 in fees.
2018-04-27	William C. Hammett, Jr., 71, became a director of the Company in 2007. ... William C. Hammett, Jr. X* in Executive Committee, X in Audit Committee. ... William C. Hammett, Jr. (2) 23,500 Fees Earned or Paid in Cash, 11,084 Option Awards, 34,584 Total.
2018-10-17	William C. Hammett, Jr., 72, became a director of the Company in 2007. Mr. Hammett is retired. From 2010 to 2014, he served as the Chief Executive Officer of iH3, LLC, an integrated wellness and fitness company working with physicians and hospitals targeting chronic illnesses. He was the Chief Financial Officer and Executive Vice President of Pegasus Solutions, Inc., a global provider of reservations-related services and technology in the hospitality industry, from 2006 through 2008. Mr. Hammett was the Chief Financial Officer and Senior Vice President for Dave & Buster’s, Inc., an operator of restaurant/entertainment complexes, from 2001 through 2006. From 1997 to 2001, Mr. Hammett was self-employed in the restaurant industry. From 1992 to 1997, Mr. Hammett was the Chief Financial Officer/Senior Vice President Accounting & Administration for La Quinta Inns, Inc., a national hotel chain. Previously, he was employed by the accounting firm of PriceWaterhouseCoopers. The Board believes that Mr. Hammett should serve as a director of the Company due to his financial and management background and his experience in the restaurant, entertainment and hospitality industries. The Chairman of the Board receives an annual retainer of $23,000 and the other non-employee directors receive an annual retainer of $17,000. Each non-employee director additionally receives a fee of $1,000 for each Board meeting attended and a fee of $250 for each committee meeting attended. Directors are also reimbursed for their reasonable expenses in connection with attending Board and committee meetings. The following table summarizes compensation earned by each person who served as a non-employee director at any time during fiscal 2018. William C. Hammett, Jr. (2) 23,250 -- 23,250
2020-06-01	William C. Hammett, Jr., 73, became a director of the Company in 2007. Mr. Hammett is retired. ... The following table summarizes compensation earned by each person who served as a non-employee director at any time during fiscal 2019. William C. Hammett, Jr. 23,500 ...
2020-10-23	William C. Hammett, Jr., 74, became a director of the Company in 2007. Mr. Hammett is retired. ... The Audit Committee Report is included in this Proxy Statement. ... The Audit Committee is currently composed of three directors and acts under a written charter approved and adopted by the Board. ... The Board of Directors has determined that at least one member of the Audit Committee, Mr. Hammett, is an “audit committee financial expert,” as defined by SEC rules and regulations. ... The following table summarizes compensation earned by and paid to each person who served as a non-employee director at any time during fiscal 2020. William C. Hammett, Jr. Fees Earned in Cash: 20,750; Fees Waived: (9,500); Option Awards: --; Total: 11,250.
2021-10-25	William C. Hammett, Jr., 75, became a director of the Company in 2007. The Board believes that Mr. Hammett should serve as a director of the Company due to his financial and management background and his experience in the restaurant, entertainment and hospitality industries. William C. Hammett, Jr. received $22,000 in fees earned in cash in fiscal 2021. He serves as Chairman of the Audit Committee and is a member of the Compensation Committee and Nominating and Governance Committee.
2022-10-19	William C. Hammett, Jr., 76, became a director of the Company in 2007. Mr. Hammett is retired. From 2010 to 2014, he served as the Chief Executive Officer of iH3, LLC, an integrated wellness and fitness company working with physicians and hospitals targeting chronic illnesses. He was the Chief Financial Officer and Executive Vice President of Pegasus Solutions, Inc., a global provider of reservations-related services and technology in the hospitality industry, from 2006 through 2008. Mr. Hammett was the Chief Financial Officer and Senior Vice President for Dave & Buster’s, Inc., an operator of restaurant/entertainment complexes, from 2001 through 2006. From 1997 to 2001, Mr. Hammett was self-employed in the restaurant industry. From 1992 to 1997, Mr. Hammett was the Chief Financial Officer/Senior Vice President Accounting & Administration for La Quinta Inns, Inc., a national hotel chain. Previously, he was employed by the accounting firm of PriceWaterhouseCoopers. The Board believes that Mr. Hammett should serve as a director of the Company due to his financial and management background and his experience in the restaurant, entertainment and hospitality industries. The following table summarizes compensation earned by and paid to each person who served as a non-employee director at any time during fiscal 2022. Name Fees Earned in Cash ($) Option Awards ($) Total ($) William C. Hammett, Jr. 22,500 — 22,500
2023-10-19	William C. Hammett, Jr., 77, became a director of the Company in 2007. ... The Board has three standing committees: (1) Audit Committee, (2) Compensation Committee, and (3) Nominating and Governance Committee. ... The following table summarizes compensation earned by and paid to each person who served as a non-employee director at any time during fiscal 2023. Name: William C. Hammett, Jr., Fees Earned in Cash ($): 23,250, Option Awards ($): —, Total ($): 23,250.
2024-10-28	Mr. Hammett was the Chief Financial Officer and Executive Vice President of Pegasus Solutions, Inc., a global provider of reservations-related services and technology in the hospitality industry, from 2006 through 2008. He was the Chief Financial Officer and Senior Vice President for Dave & Buster’s, Inc., an operator of restaurant/entertainment complexes, from 2001 through 2006.