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LSI Industries Inc (LYTS.OQ)

LYTS.OQ on NASDAQ Stock Exchange Global Select Market

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22 Sep 2020
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Summary

Name Age Since Current Position

Wilfred O'Gara

61 2018 Independent Chairman of the Board

James Clark

55 2019 Chief Executive Officer, Director

James Galeese

62 2019 Chief Financial Officer, Executive Vice President

Thomas Caneris

57 2019 Senior Vice President of Human Resources, General Counsel, Secretary

Sylvia Astrop

61 2018 Senior Vice President - Global Sourcing

Michael Beck

62 2019 Senior Vice President - Operations

Chantel Lenard

50 2020 Director

Robert Beech

65 2013 Independent Director

Ronald Brown

66 2018 Independent Director

Amy Hanson

61 2019 Independent Director

John Morgan

65 2016 Independent Director

Noel Ryan

2019 IR Contact Officer

Biographies

Name Description

Wilfred O'Gara

Mr. Wilfred T. O'Gara serves as Independent Chairman of the Board of the Company. Mr. Morgan has been a Director since January 1999 and was appointed Chairman in August 2018. Mr. O’Gara is the Managing Director of Buffalo Fork Holdings, LLC, an investment company. He previously served as Chief Executive Officer of Isoclima SpA from July 2017 to August 2018. Isoclima SpA produces transparent armor and other specialized glass and polycarbonate products for military and civilian armored vehicles. Prior to joining Isoclima, Mr. O'Gara served as Vice Chairman of The O’Gara Group, a security and defense related firm, from 2016 until July 2017 and he was the President and Chief Executive Officer from 2003 to 2017. Mr. O’Gara has been identified as an “audit committee financial expert” under SEC guidelines given his understanding of accounting and financial reporting, disclosures and controls. The Board believes that Mr. O’Gara’s independence from management, experience as a successful principal executive and his designation as an audit committee financial expert make his service integral to the Board. He serves as Chairman of the Audit Committee and as a member of the Compensation Committee and the Nominating and Corporate Governance Committee.

James Clark

Mr. James A. Clark serves as Chief Executive Officer, Director of the Company. He served from 2014 to 2018 as the CEO and President of Alliance Tire Group, a manufacturer and distributor of specialty tires for use in agriculture, construction and other specialty markets. From 2010 to 2013, Mr. Clark served as the Corporate Vice President, Strategy and Business Development of Rexel Holdings, a manufacturer, distributor and supplier of electrical, data, security, fire, lighting products and energy services and solutions. From 2006 to 2010 Verint Systems, an enterprise solutions software / hardware company, employed Mr. Clark as Senior Vice President and General Manager. Prior to 2006, Mr. Clark held management positions with various degrees of responsibility with United Technologies Corporation, General Electric Corporation and North American Video Corporation.

James Galeese

Mr. James E. Galeese serves as Chief Financial Officer, Executive Vice President of the Company. Mr. Galeese joined the Company as its Executive Vice President and Chief Financial Officer in June 2017. Mr. Galeese, from 2014 to June 2017, served as Vice President, Chief Financial Officer, and as a Director of privately held Universal Trailer Holding Corporation (manufacturer of trailers for the hauling requirements of businesses and individuals). He was with Philips Electronics NV from 1998 to 2014 as Senior Vice President and Chief Financial Officer for its North American Lighting business and its Electronics business. Prior to that Mr. Galeese served in the financial Controllership organization of Square D Company / Schneider Electric. He graduated from Miami University with a degree in Business Administration and obtained an MBA from Xavier University.

Thomas Caneris

Mr. Thomas A. Caneris J.D. serves as Senior Vice President of Human Resources, General Counsel, Secretary of the Company. He most recently served as Senior Vice President and General Counsel for PharMerica Corporation from 2007 through 2019. From 2004 to 2007, Mr. Caneris was employed by Convergys Corporation as a Senior Attorney and from 1998 to 2004 Mr. Caneris served as Commercial Affairs Counsel for AK Steel Corporation.

Sylvia Astrop

Ms. Sylvia M. Astrop serves as Senior Vice President - Global Sourcing of the Company. Ms. Sylvia joined LSI in 2007. Prior to joining LSI, Sylvia held various management and executive positions with Wornick Foods, AT&T and NCR, where she earned her Six Sigma Black Belt. " Sylvia has been successful in effectively managing LSI's material costs despite market and trade pressures.

Michael Beck

Mr. Michael C. Beck serves as Senior Vice President - Operations of the Company. Mr. Beck most recently, from 2017 to the present, has served as Vice President, North Region of Simpler Consulting (an IBM company) which he joined in 2014. He has led and managed numerous engagements for industrial clients requiring expertise in Strategy Deployment, Daily Management, Problem Solving and Organizational Transformation. He began his career as an automotive design engineer, transitioned to a Continuous Improvement specialist under W. Edwards Deming at GM Powertrain Division and subsequently led the division in manufacturing, supply chain and engineering applications of the Deming management method. He then joined Toyota Motor Manufacturing with responsibility for strategic quality, learned Lean from its inventors and applied the Toyota Production System both internally and with Toyota suppliers. He then held executive positions in Manufacturing, Lean and Operational Excellence at United Technologies, Terex and Caesars Entertainment and also consulted in a variety of industries. Mr. Beck's scope of responsibility will include Manufacturing, Global Sourcing, Materials, Continuous Improvement, Safety and Quality. Mr. Beck holds a B.S. in Mechanical Engineering from Michigan State University, a Master of Management degree from the Kellogg School at Northwestern University, and an M.S. in Applied Statistics from Oakland University.

Chantel Lenard

Ms. Chantel E. Lenard serves as Director of the Company. Ms. Lenard has been a lecturer in marketing at the University of Michigan Ross School of Business since 2017. Ms. Lenard retired from Ford Motor Company (NYSE: F) in 2017 where she served in various positions in her 25-year career. Her most recent position with Ford was Executive Director of U.S. Marketing from 2013 to 2017 after living in Shanghai and serving as Ford's Vice President of Marketing for Asia Pacific and Africa from 2010 to 2013. Ms. Lenard holds a bachelor's degree in industrial engineering from Purdue University and a master's degree in business administration from Harvard University. She has served on the boards of TTM Technologies, Inc. (NASDAQ: TTMI) since October 2018 and Uni-Select Inc. (TSX: UNS) since May 2020.

Robert Beech

Mr. Robert P. Beech serves as Independent Director of the Company. Mr. Beech has been a Director since July 2013. Mr. Beech is currently the Executive Chairman of Eccrine Systems, Inc., a privately held, Cincinnati-based biotechnology company that he co-founded in 2013. Mr. Beech has been engaged as Entrepreneur-in-Residence for biosciences at CincyTechUSA since 2013. From 2004 through 2012 he was a senior executive at Intrexon Corporation, when it was a privately held biotechnology company based in Maryland. Prior to 2003, he was Chief Executive Officer of Digineer, Inc., an international healthcare IT software and services company he founded in 1986 and led until 2002. The Board believes that Mr. Beech’s substantial experience leading high-technology ventures as a CEO or senior corporate executive qualify him to serve on the Board. He serves as Chairman of the Nominating and Corporate Governance and as a member of the Audit Committee and the Compensation Committee.

Ronald Brown

Mr. Ronald D. Brown serves as Independent Director of the Company. Mr. Brown most recently served as Vice Chairman of The Armor Group, a certified woman owned corporation which provides manufactured goods and services to a variety of industries. He is the retired chairman and chief executive officer of Milacron Inc., a supplier of plastics processing and industrial fluids technologies with manufacturing facilities in North America, Europe and Asia. Brown serves on the Board of Directors of A.O. Smith Corporation and James Advantage Funds Trust and serves on the University of Cincinnati Board of Trustees. Lipsey worked for several years in the lighting and electrical industry prior to serving for ten years at Acuity Brands Lighting, including as executive vice president for an Acuity division reporting $500 million in annual revenue. Lipsey also invested and worked with venture capital sources to build Relume Technologies, a LED lighting and controls manufacturer. Since 2015 he has been a consultant serving various companies in the lighting industry. He also serves on a number of not-for-profit boards providing services for children.

Amy Hanson

Ms. Amy L. Hanson CPA serves as Independent Director of the Company. Hanson served as Executive Vice President and Corporate Officer with Macy's, Inc. from 2008 until her retirement in April 2016. During that period in her career, she had responsibility for Macy's consumer credit and services division, omni-channel support, non-merchandise procurement, general financial services, real estate strategy and property development. She enjoyed an accomplished career with Macy's starting in 1983 and held various positions of increasing responsibility, including her 2002 appointment to President of MCCS Group, Macy's consumer credit and services division, and her 2006 promotion to Vice Chair and director of stores for Macy's North. Ms. Hanson led Macy's transition teams through several major organizational and operational integrations during Macy's acquisitions and structure transformations during her career. Ms. Hanson is a certified public accountant and has been appointed Chair of LSI's Audit Committee. Ms. Hanson is CEO of Amy Hanson Advisory Services, providing consulting services on general retail strategy, consumer insight and services, real estate, technology and private label credit strategies. She also serves on the boards of Messer, Inc. and Switch, Inc. Ms. Hanson is actively involved in numerous Cincinnati community service organizations, including the Cincinnati Art Museum Board of Trustees.

John Morgan

Mr. John K. Morgan is no longer serves as Independent Director of the Company., effective 11/2020. Mr. Morgan was the Chairman, President and Chief Executive Officer of Zep Inc. (NYSE), a specialty chemicals company, from October 2007 until his retirement in June 2015. From July 2007 to October 2007, he served as Executive Vice President of Acuity Brands and President and Chief Executive Officer of Acuity Specialty Products, just prior to its spin-off from Acuity Brands, Inc. From 2005 to July 2007, he served as President and Chief Executive Officer of Acuity Brands Lighting. He also served Acuity Brands as President and Chief Development Officer from 2004 to 2005, as Senior Executive Vice President and Chief Operating Officer from 2002 to 2004, and as Executive Vice President from 2001 to 2002. Mr. Morgan has served as a director of Wesco International, Inc. (NYSE), a provider of electrical, industrial, and communications MRO and OEM products, construction materials, and advanced supply chain management and logistics services, since 2008 and is currently the chairman of Wesco's Compensation Committee. The Board believes that Mr. Morgan’s insight and experience with corporate governance, executive compensation, business and operating management issues, gained through experience at various levels of corporate management and on boards, and his status as an independent director, qualify him to serve on the Board, as well as the Chairman of the Compensation Committee.

Noel Ryan

Basic Compensation