WILLIAM N. SCHERER, SR. - Corporate Board Profile

GLEN BURNIE BANCORP

Filing Date	Source Excerpt
2002-04-02	William N. Scherer, Sr. has been a member of the local business community since 1952. He currently specializes in wills and estates. Mr. Scherer is chairman of the Audit Committee. The Bank's Audit Committee currently consists of Directors William N. Scherer, Sr., Shirley E. Boyer, Karen B. Thorwarth, Alan E. Hahn and Thomas Clocker. The Bank's Employee Compensation and Benefits Committee is composed of Directors Shirley E. Boyer, F. William Kuethe, Jr., John E. Demyan, Theodore L. Bertier, Jr., William N. Scherer, Sr., John I. Young, Frederick W. Kuethe, III, Thomas Clocker and Alan E. Hahn.
2003-04-08	William N. Scherer, Sr. is chairman of the Audit Committee and serves on the Compensation Committee.
2003-09-09	The undersigned hereby constitutes and appoints F. William Kuethe, John E. Demyan, and William N. Scherer, Sr., or a majority of them, with full powers of substitution, as attorneys-in-fact and agents for the undersigned, to vote all shares of Common Stock of Glen Burnie Bancorp
2004-04-05	William N. Scherer, Sr. has been a member of the local business community since 1952 when he owned and operated an accounting and tax business. ... He currently specializes in wills and estates. ... Mr. Scherer is chairman of the Audit Committee. ... The Bank's Audit Committee acts as the audit committee for the Company and currently consists of Directors William N. Scherer, Sr., ... The Audit Committee met 18 times, including quarterly meetings with the Company's independent auditors. ... The Bank's Employee Compensation and Benefits Committee acts as the compensation committee for the Company and is composed of Directors ... William N. Scherer, Sr. ... The Committee met six times during 2003.
2005-04-11	Mr. Scherer is chairman of the Audit Committee. The Bank’s Audit Committee acts as the audit committee for the Company and currently consists of Directors William N. Scherer, Sr., Shirley E. Boyer, Karen B. Thorwarth, Alan E. Hahn and Thomas Clocker. The Bank’s Employee Compensation and Benefits Committee acts as the compensation committee for the Company and is composed of Directors Alan E. Hahn, Shirley E. Boyer, F. William Kuethe, Jr., John E. Demyan, William N. Scherer, Sr., Frederick W. Kuethe, III, Thomas Clocker, and Karen Thorwarth.
2006-04-11	William N. Scherer, Sr. has been a member of the local business community since 1952 when he owned and operated an accounting and tax business. He currently specializes in wills and estates. He previously operated Scherer’s Market in Jessup, Maryland from 1960 to 2004. Mr. Scherer is chairman of the Audit Committee. The Bank’s Audit Committee acts as the audit committee for the Company and currently consists of Directors William N. Scherer, Sr., Shirley E. Boyer, Karen B. Thorwarth, Norman E. Harrison and Thomas Clocker. The Bank’s Employee Compensation and Benefits Committee acts as the compensation committee for the Company and is composed of Directors Shirley E. Boyer, F. William Kuethe, Jr., John E. Demyan, William N. Scherer, Sr., Frederick W. Kuethe, III, Thomas Clocker, Michael G. Livingston, and Karen Thorwarth.
2007-04-06	William N. Scherer, Sr. ... Mr. Scherer is chairman of the Audit Committee. ... Audit Committee consists of Directors William N. Scherer, Sr., Shirley E. Boyer, Karen B. Thorwarth, Norman E. Harrison and Thomas Clocker. ... Employee Compensation and Benefits Committee is composed of Directors Shirley E. Boyer, F. William Kuethe, Jr., John E. Demyan, William N. Scherer, Sr., Frederick W. Kuethe, III, Thomas Clocker, Michael G. Livingston, and Karen Thorwarth. ... Director Compensation Table: Total compensation $22,700.
2008-04-04	William N. Scherer, Sr. has been a member of the local business community since 1952. ... Mr. Scherer is chairman of the Audit Committee. ... The Bank’s Audit Committee ... consists of Directors William N. Scherer, Sr., ... The Bank’s Employee Compensation and Benefits Committee ... is composed of Directors ... William N. Scherer, Sr. ... The following table summarizes the compensation paid to directors ... William N. Scherer, Sr. $23,200 Total.
2009-04-14	William N. Scherer, Sr. has been a member of the local business community since 1952 when he owned and operated an accounting and tax business. ... Mr. Scherer is chairman of the Audit Committee. ... The Bank’s Audit Committee acts as the audit committee for the Company and currently consists of Directors William N. Scherer, Sr., Shirley E. Boyer, Karen B. Thorwarth, Norman E. Harrison and Thomas Clocker. ... The Bank’s Employee Compensation and Benefits Committee acts as the compensation committee for the Company and is composed of Directors Shirley E. Boyer, F. William Kuethe, Jr., John E. Demyan, William N. Scherer, Sr., Frederick W. Kuethe, III, Thomas Clocker, Michael G. Livingston, Norman Harrison, and Karen Thorwarth. ... The following table summarizes the compensation paid to directors other than those included in the Summary Compensation Table below, for the fiscal year ended December 31, 2008: ... William N. Scherer, Sr. $23,100 total.
2010-04-16	William N. Scherer, Sr. has been a member of the local business community since 1952 when he owned and operated an accounting and tax business. After graduating from law school in 1962, he opened a law practice in Glen Burnie. He currently specializes in wills and estates. He previously operated Scherer’s Market in Jessup, Maryland from 1960 to 2004. Mr. Scherer is chairman of the Audit Committee. The Bank’s Audit Committee acts as the audit committee for the Company and currently consists of Directors William N. Scherer, Sr., Shirley E. Boyer, Karen B. Thorwarth, Norman E. Harrison and Thomas Clocker. The Bank’s Employee Compensation and Benefits Committee acts as the compensation committee for the Company and is composed of Directors Shirley E. Boyer, F. William Kuethe, Jr., John E. Demyan, William N. Scherer, Sr., Frederick W. Kuethe, III, Thomas Clocker, Michael G. Livingston, Norman Harrison, and Karen Thorwarth. The following table summarizes the compensation paid to directors other than those included in the Summary Compensation Table below, for the fiscal year ended December 31, 2009: William N. Scherer, Sr. $23,100.
2011-04-15	William N. Scherer, Sr. is chairman of the Audit Committee and serves on the Employee Compensation and Benefits Committee. Total compensation: $22,400.
2012-04-09	William N. Scherer, Sr. has been a member of the local business community since 1952 when he owned and operated an accounting and tax practice. ... Mr. Scherer is past director of the Chartwell Golf and Country Club and past President of the Mariner Sands Chapel, Stuart, Florida. Presently, Mr. Scherer is chairman of the Audit Committee. ... The Bank’s Audit Committee acts as the audit committee for the Company and currently consists of Directors William N. Scherer, Sr., Karen B. Thorwarth, Norman E. Harrison, Jr. and Thomas Clocker. ... The Bank’s Employee Compensation and Benefits Committee acts as the compensation committee for the Company and is composed of Directors ... William N. Scherer, Sr. ... This Committee met four times during 2011. ... The following table summarizes the compensation paid to directors other than those included in the Summary Compensation Table below, for the fiscal year ended December 31, 2011: ... William N. Scherer, Sr. $22,900 total.
2013-04-09	Mr. Scherer is chairman of the Audit Committee. ... The Bank’s Audit Committee acts as the audit committee for the Company and currently consists of Directors William N. Scherer, Sr., Karen B. Thorwarth, Norman E. Harrison, Jr. and Thomas Clocker. ... The Bank’s Employee Compensation and Benefits Committee acts as the compensation committee for the Company and is composed of Directors F. William Kuethe, Jr., John E. Demyan, William N. Scherer, Sr., Frederick W. Kuethe, III, Thomas Clocker, Michael G. Livingston, Norman E. Harrison, Jr., and Karen Thorwarth. ... The following table summarizes the compensation paid to directors other than those included in the Summary Compensation Table below, for the fiscal year ended December 31, 2012: William N. Scherer, Sr. $24,650.
2014-04-11	William N. Scherer, Sr. has been a member of the local business community since 1952 when he owned and operated an accounting and tax practice. ... Mr. Scherer is past chairman of the Audit Committee. ... The Bank’s Audit Committee acts as the audit committee for the Company and currently consists of Directors Norman E. Harrison, Jr., William N. Scherer, Sr., Karen B. Thorwarth, and Thomas Clocker. ... The Bank’s Employee Compensation and Benefits Committee acts as the compensation committee for the Company and is composed of Directors William N. Scherer, Sr., Edward Maddox, Thomas Clocker, Norman E. Harrison, Jr., and Karen Thorwarth. ... William N. Scherer, Sr. fees earned or paid in cash was $22,950.