Corporate Board Profile
Tech Score: 0/100
| Filing Date | Source Excerpt |
|---|---|
| 2006-04-18 | William W. Sherertz President and Chief Executive Officer of the Company. Mr. Sherertz also serves as Chairman of the Board of Directors. The Summary Compensation Table shows his 2005 salary of $250,000, bonus of $81,825, and other annual compensation of $154,104. Directors (other than directors who are full-time employees of the Company, who do not receive directors' fees) are entitled to receive an annual retainer of $12,000 payable in cash in monthly installments of $1,000. On July 1, 2005, each then non-employee director received an option for 3,750 shares of Common Stock at an exercise price of $15.20 per share, the fair market value on the date of grant. The options were fully exercisable on the date of grant and have a term of ten years. Payment of the exercise price of the options may be in cash or in previously-acquired shares of Common Stock. In December 2005, vesting was accelerated for stock options covering 3,938 shares for each non-employee director other than Mr. Justesen, who held no unvested options. The Summary Compensation Table sets forth compensation for the years indicated to the Company’s chief executive officer and the Company’s other executive officers. For 2005, Mr. Sherertz’s total annual compensation was $250,000 (salary) + $81,825 (bonus) + $154,104 (other annual compensation) = $485,929. |
| 2007-04-17 | Mr. Sherertz also serves as Chairman of the Board of Directors. He is President and Chief Executive Officer of the Company. No outside director fees are paid to full-time employees. |
| 2008-04-14 | Mr. Sherertz also serves as Chairman of the Board of Directors. Summary Compensation Table shows William W. Sherertz received total compensation of $545,320 in 2007 as President and Chief Executive Officer. |
| 2009-04-10 | Mr. Sherertz also serves as Chairman of the Board of Directors. He is President and Chief Executive Officer of the Company. The director compensation table excludes Mr. Sherertz as he is a full-time employee and does not receive director fees. |
| 2010-04-05 | William W. Sherertz also serves as Chairman of the Board of Directors. As Chief Executive Officer of the Company since 1980, Mr. Sherertz provides strong leadership, extensive knowledge and experience in the staffing and employment industry, risk management skills, and strategic direction to the Company. The Summary Compensation Table shows William W. Sherertz total compensation for 2009 as $503,120. |
Data sourced from SEC filings. Last updated: 2026-02-03