Edition:
United States

Income Opportunity Realty Investors Inc (IOT.A)

IOT.A on American Stock Exchange

7.45USD
8 Dec 2016
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758
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Summary

Name Age Since Current Position

Henry Butler

65 2011 Chairman of the Board

Robert Jakuszewski

53 2004 Independent Director

Ted Munselle

59 2009 Independent Director

Raymond Roberts

84 2016 Independent Director

Biographies

Name Description

Henry Butler

Mr. Henry A. Butler is Chairman of the Board of Income Opportunity Realty Investors Inc. Mr. Butler is Vice President Land Sales for Pillar Income Asset Management, LLC (“Pillar”) Effective since April 30, 2011, and its predecessor, Prime (since July 2003). He was owner/operator (1989 to 1991) of Butler Interests, Inc. Mr. Butler is a Director (since February 8, 2011) and Chairman of the Board (since May 12, 2011) of the Company. He was previously a Director of the Company from December 2001 to July 1, 2003. Mr. Butler is Chairman of the Board (since May 2009) and a Director (since July 2003) of ARL and Chairman of the Board (since May 2009) and a Director (since December 2001) of TCI.

Robert Jakuszewski

Mr. Robert A. Jakuszewski is Independent Director of Income Opportunity Realty Investors Inc. Mr. Jakuszewski is currently the Senior Medical Liaison for Vein Clinics of America. Mr. Jakuszewski was Vice President of Sales and Marketing (since September 1998) of New Horizons Communications, Inc.; Mr. Jakuszewski was a Consultant (January 1998 to September 1998) for New Horizon Communications, Inc.; Regional Sales Manager (1996-1998) of Continental Funding; Territory Manager (1992-1996) of Sigvaris, Inc.; Senior Sales Representative (1988-1992) of Mead Johnson Nutritional Division, USPNG; Sales Representative (1986-1987) of Muro Pharmaceutical, Inc. Mr. Jakuszewski was elected a Director of the Company on March 16, 2004. He was also elected as a Director of ARL on November 22, 2005, and a Director of TCI on November 22, 2005.

Ted Munselle

Mr. Ted R. Munselle is Independent Director of Income Opportunity Realty Investors Inc. Mr. Munselle is Vice President and Chief Financial Officer (since October 1998) of Landmark Nurseries, Inc. On February 17, 2012, he was appointed as a member of the Board of Directors for Spindletop Oil & Gas Company and as Chairman of their Audit Committee. Spindletop’s stock is traded on the Over-the-Counter (OTC) market. He was President (December 2004 to August 2007) of Applied Educational Opportunities LLC, an educational organization which had career training schools located in the cities of Richardson and Tyler, Texas. He is a certified public accountant (since 1980) who was employed as an Audit Partner in two Dallas, Texas based CPA firms (1986 to 1998), as an Audit Manager at Grant Thornton, LLP (1983 to 1986) and as Audit Staff to Audit Supervisor at Laventhol & Horwath (1977 to 1983). Mr. Munselle was elected as a director of the Company on May 21, 2009. He was also elected as a Director of ARL (since February 20, 2004) and a Director of TCI (since February 20, 2004).

Raymond Roberts

Mr. Raymond Roberts, Sr. is Independent Director of the Company. Mr. Roberts has been a director of New Concept Energy, Inc. ("NCE") since his election, effective June 17, 2015. He is also a member of the Nominating and Governance Committee of the Board of Directors of NCE, which has its Common Stock listed and traded on the NYSE MKT. Mr. Roberts is currently retired. For more than five years prior to December 31, 2014, he was Director of Aviation of Steller Aviation, Inc., a privately held Nevada corporation, engaged in the business of aircraft (Boeing 737) and logistical management.

Basic Compensation

Name Fiscal Year Total

Henry Butler

--

Robert Jakuszewski

--

Ted Munselle

--

Raymond Roberts

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As Of 

Options Compensation