People: Intelligent Systems Corp (INS)

INS on American Stock Exchange

1.60USD
26 Dec 2014
Price Change (% chg)

$0.04 (+2.31%)
Prev Close
$1.56
Open
$1.60
Day's High
$1.60
Day's Low
$1.60
Volume
200
Avg. Vol
10,027
52-wk High
$2.68
52-wk Low
$0.97

Search Stocks

Summary

Name Age Since Current Position

James Strange

65 1985 Chairman of the Board, President, Chief Executive Officer

Bonnie Herron

66 1999 Chief Financial Officer, Vice President, Corporate Secretary

Francis Marks

80 1983 Vice President

Cherie Fuzzell

50 2012 Director

Philip Moise

64 2013 Independent Director

James Napier

76 1982 Independent Director

Parker Petit

74 1996 Independent Director

Biographies

Name Description

James Strange

Mr. James Leland Strange is Chairman of the Board, President, Chief Executive Officer of Intelligent Systems Corp. He has served as President since 1983 and our Chief Executive Officer and Chairman of the Board since 1985. The Board considered Mr. Strange’s many years of experience as the company’s CEO, his familiarity with the industries and customers which our operating companies serve, and his past experience on several boards of directors and audit and compensation committees of other publicly traded companies in determining that he should serve as a director of the company.

Bonnie Herron

Ms. Bonnie L. Herron is Chief Financial Officer, Vice President, Corporate Secretary of Intelligent Systems Corp. Ms. Herron joined the company in 1982 as Director of Planning at one of subsidiaries and at the corporate level. She was elected Corporate Secretary in 1987, Vice President in 1990, and Chief Financial Officer in 1999.

Francis Marks

Mr. Francis A. Marks is Vice President of Intelligent Systems Corp., since 1983. Mr. Marks joined the company in May 1982 as Vice President of Product Line Programs after 26 years with IBM Corporation in a variety of managerial and executive positions. He was appointed Vice President in 1983 and since 1998 has also served as President of ChemFree Corporation, our largest subsidiary, to which he devotes substantially all of his attention. As of February 1, 2014, Mr. Marks’ position has been changed to a half-time position.

Cherie Fuzzell

Ms.Cherie M. Fuzzell is a Directors of Intelligent System corp since 2012. Ms. Fuzzell is Chief Executive Officer of Parkmobile USA, Inc., a provider of mobile payment solutions to municipalities and parking providers around the world. From 2008 to October 2012, Ms. Fuzzell was President and Chief Executive Officer of FirstView, LLC, a vertically integrated processor and program manager providing turnkey prepaid debit card solutions for multiple industries and applications. Prior to 2008, she was an independent industry consultant and from 1999 to 2005 served as Chief Administrative Officer and General Counsel of Nova Information Systems, Inc., an international payments processing company (now operating as Elavon, part of U.S. Bancorp). Other experience includes serving on the board of directors and compensation committee of Otix Global, Inc. [formerly NASDAQ: OTX], a manufacturer of hearing aids, prior to its acquisition in December 2010. The Board considered Ms. Fuzzell’s extensive experience in and knowledge of the financial payments industry; her operational and strategic insight; her board and executive service with large and publicly traded companies; her familiarity with the company’s CoreCard subsidiary business, products and services; her educational background in accounting and law; and improving the Board’s gender diversity, in determining that she should serve as a director of the company. The Board has determined that Ms. Fuzzell qualifies as an independent director under the applicable rules of NYSE MKT.

Philip Moise

Mr. Philip H. Moise is Independent Director of the company. He was elected to the Board in 2013 for a three-year term ending at the 2016 Annual Meeting of Shareholders. Mr. Moise served as Executive Vice President, General Counsel and Secretary of Immucor, Inc. from 2007 until 2012. Immucor manufactures and sells instruments and reagents used to classify components of human blood prior to blood therapies and transfusions. Previously a publicly-held company, Immucor was acquired and taken private in 2011. Before joining Immucor, Mr. Moïse was in the private practice of law for almost 30 years, where he represented public and private companies in the technology and life sciences industries. He represented Intelligent Systems for approximately 25 years before joining Immucor in 2007. The Board considered Mr. Moise’s familiarity with the company’s business and history; his business experience as an executive with a publicly traded company; his extensive legal background and experience in corporate transactions and corporate governance; and his familiarity with board and regulatory matters impacting publicly traded companies in determining that he should serve as a director of the company. The Board has determined that Mr. Moise qualifies as an independent director under the applicable rules of NYSE MKT.

James Napier

Mr. James V. Napier is an Independent Director of Intelligent Systems Corp., since 1982. Mr. Napier served as Chairman of the Board of Scientific-Atlanta, Inc., a firm involved in cable television electronics and satellite-based communication networks (now part of Cisco Systems, Inc.), from 1993 until his retirement in November 2000. Within the past five years, Mr. Napier has also served as a director of Vulcan Materials Company, Wabtec Corporation, McKesson Corporation, Engelhard Corporation and Personnel Group of America, Inc. The Board considered Mr. Napier’s extensive experience as an executive and member of the board of directors of a wide variety of publicly traded companies, his experience as chair of the audit committees of other public companies, and his familiarity with the company since 1982 in determining that he should serve as a director of the company. The Board has determined that Mr. Napier is an independent director under the applicable rules of NYSE MKT.

Parker Petit

Mr. Parker H. Petit is an Independent Director of Intelligent Systems Corp., since 1996. Mr. Petit is the Chairman, President and CEO of MiMedx Group, an integrated developer, manufacturer and marketer of bio-material based products. Mr. Petit is also the President of The Petit Group, a private investment company. Mr. Petit served as Chairman of the Board and Chief Executive Officer of Matria Healthcare, Inc., a comprehensive disease management services company from 1996 to 2008. He also served as a director of Logility, Inc. within the past five years. The Board considered Mr. Petit’s extensive experience as a successful entrepreneur and as an executive and member of the board of directors of several publicly traded technology and healthcare companies, as well as his familiarity with the company since 1996 in determining that he should serve as a director of the company. The Board has determined that Mr. Petit is an independent director under the applicable rules of NYSE MKT.

Basic Compensation

Name Fiscal Year Total

James Strange

294,594

Bonnie Herron

172,159

Francis Marks

145,385

Cherie Fuzzell

--

Philip Moise

--

James Napier

--

Parker Petit

--
As Of 30 Dec 2013

Options Compensation

Name Options Value

James Strange

275,000 510,850

Bonnie Herron

205,000 400,800

Francis Marks

340,000 800,000

Cherie Fuzzell

0 0

Philip Moise

0 0

James Napier

0 0

Parker Petit

0 0
Search Stocks