People: LSB Industries Inc (LXU.N)
LXU.N on New York Stock Exchange
32.91USD
2:29pm EDT
32.91USD
2:29pm EDT
Price Change (% chg)
$-0.32 (-0.96%)
$-0.32 (-0.96%)
Prev Close
$33.23
$33.23
Open
$33.11
$33.11
Day's High
$33.32
$33.32
Day's Low
$32.91
$32.91
Volume
32,125
32,125
Avg. Vol
39,849
39,849
52-wk High
$44.99
$44.99
52-wk Low
$28.19
$28.19
Summary
| Name | Age | Since | Current Position |
|---|---|---|---|
Jack Golsen |
84 | 2004 | Chairman of the Board, Chief Executive Officer |
Barry Golsen |
62 | 2012 | Vice Chairman of the Board, President, Chief Operating Officer, President - Climate Control Business |
Tony Shelby |
71 | 2008 | Chief Financial Officer, Executive Vice President - Finance, Director |
David Goss |
72 | Executive Vice President - Operations, Director | |
David Shear |
53 | 2004 | Senior Vice President, General Counsel |
Jimmie Jones |
70 | 2008 | Senior Vice President, Treasurer |
Michael Tepper |
74 | Senior Vice President - International Operations | |
Harold Rieker |
52 | 2008 | Principal Accounting Officer, Vice President |
Michael Adams |
63 | 2008 | Vice President, Corporate Controller |
Steven Golsen |
60 | 2011 | Chief Operating Officer - Climate Control Business, Director |
Robert Brown |
81 | 1969 | Director |
Lance Benham |
2013 | Independent Director | |
Charles Burtch |
77 | 1999 | Independent Director |
Robert Butkin |
60 | 2007 | Independent Director |
Bernard Ille |
86 | 1971 | Independent Director |
Gail Lapidus |
61 | 2010 | Independent Director |
Donald Munson |
80 | 1997 | Independent Director |
Ronald Perry |
63 | 2007 | Independent Director |
John Shelley |
62 | 2005 | Independent Director |
Biographies
| Name | Description |
|---|---|
Jack Golsen |
Mr. Jack E. Golsen is Chairman of the Board, Chief Executive Officer of LSB Industries Inc., since 1969. Mr. Golsen first became a director in 1969. His term will expire in 2013. Mr. Golsen, founder of LSB, is Chairman of the Board of Directors and Chief Executive Officer and has served in those capacities since inception in 1969. Mr. Golsen served as President from 1969 until 2004. During 1996, he was inducted into the Oklahoma Commerce and Industry Hall of Honor as one of Oklahoma’s industrialists. Mr. Golsen has a Bachelor of Science degree from the University of New Mexico. Mr. Golsen is a Trustee of Oklahoma City University and has served on its Finance Committee for years. During his career, he acquired or started the companies which formed the Company. He has served on the boards of insurance companies, several banks and was Board Chairman of Equity Bank for Savings N.A. which was formerly owned by the Company. In 1972, he was recognized nationally as the person who prevented a widespread collapse of the Wall Street investment banking industry. Refer to “The Second Crash” by Charles Ellis, and six additional books about the Wall Street crisis. |
Barry Golsen |
Mr. Barry H. Golsen is Vice Chairman of the Board, President, Chief Operating Officer, President - Climate Control Business of LSB Industries Inc. Mr. Golsen first became a director in 1981. His term will expire in 2015. Mr. Golsen was elected President of LSB in 2004. Mr. Golsen has served as Vice Chairman of the Board of Directors since August 1994. Mr. Golsen has served in several capacities with LSB subsidiary companies and has been the President of the Climate Control Business for more than ten years. Mr. Golsen served as a director of the Oklahoma branch of the Federal Reserve Bank. Mr. Golsen has both his undergraduate and law degrees from the University of Oklahoma. |
Tony Shelby |
Mr. Tony M. Shelby is Chief Financial Officer, Executive Vice President - Finance, Director of LSB Industries Inc. Mr. Shelby first became a director in 1971. Mr. Shelby has served as a member of the LSB executive management team since inception in 1969. Prior to becoming Executive Vice President of Finance and Chief Financial Officer, he served as Chief Financial Officer of a subsidiary of LSB and was with the accounting firm of Arthur Young & Co., a predecessor to Ernst & Young LLP. Mr. Shelby is a graduate of Oklahoma City University. |
David Goss |
Mr. David R. Goss is an Executive Vice President - Operations, Director of LSB Industries Inc. Mr. Goss first became a director in 1971. His term will expire in 2015. Mr. Goss, a certified public accountant, is Executive Vice President of Operations and has served in the same capacity for more than ten years. He has served as a member of the executive management team since inception in 1969. Mr. Goss is a graduate of Rutgers University. |
David Shear |
Mr. David M. Shear is Senior Vice President, General Counsel of LSB Industries Inc. He has been Senior Vice President and General Counsel since July 2004 and General Counsel and Secretary since 1990. Mr. Shear attended Brandeis University, graduating cum laude in 1981. At Brandeis University, Mr. Shear was the founding Editor-In-Chief of Chronos, the first journal of undergraduate scholarly articles. Mr. Shear attended the Boston University School of Law, where he was a contributing Editor of the Annual Review of Banking Law. Mr. Shear acted as a staff attorney at the Bureau of Competition with the Federal Trade Commission from 1985 to 1986. From 1986 through 1989, Mr. Shear was an associate in the Boston law firm of Weiss, Angoff, Coltin, Koski and Wolf. |
Jimmie Jones |
Mr. Jimmie D. Jones is Senior Vice President, Treasurer of LSB Industries Inc., since July 2003. He has served as an officer of LSB since April 1977. Mr. Jones is a certified public accountant and was with the accounting firm of Arthur Young & Co., a predecessor to Ernst & Young LLP. Mr. Jones is a graduate of the University of Central Oklahoma. |
Michael Tepper |
Mr. Michael Dawe Tepper is Senior Vice President - International Operations of LSB Industries Inc. Mr. Tepper has served in substantially the same capacity for more than ten years. Mr. Tepper is a graduate of the Wharton School of the University of Pennsylvania. |
Harold Rieker |
Mr. Harold L. Rieker is Principal Accounting Officer, Vice President of LSB Industries Inc., since 2008. He has served as an officer of LSB since March 2006. Mr. Rieker is a certified public accountant and was with the accounting firm of Grant Thornton LLP. Mr. Rieker is a graduate of the University of Central Oklahoma. |
Michael Adams |
Mr. Michael G. Adams is Vice President, Corporate Controller of LSB Industries Inc. He has been Vice President and Corporate Controller since 2008 and has served as an officer of LSB since March 1990. Mr. Adams is a certified public accountant and was with the accounting firm of Arthur Young & Co., a predecessor to Ernst & Young LLP. Mr. Adams is a graduate of the University of Oklahoma. |
Steven Golsen |
Mr. Steven J. Golsen is Chief Operating Officer - Climate Control Business, Director of LSB Industries Inc. He first became a director in 2011. His term will expire in 2014. Mr. Golsen is Chief Operating Officer of Climate Control Business. Mr. Golsen has served as the Chief Operating Officer of Machine Tool Business and Climate Control Business for ten years. Mr. Golsen has been employed by the Company since 1976. Mr. Golsen attended the University of New Mexico and University of Oklahoma. |
Robert Brown |
Dr. Robert C. Brown is Director of LSB Industries Inc., since 1969. Dr. Brown has practiced medicine for years and was Vice President and Treasurer of Plaza Medical Group, P.C. until its acquisition by Integris Health on October 31, 2011. Dr. Brown received both his undergraduate and medical degrees from Tufts University after which he spent two years as a doctor in the United States Navy and over three years at the Mayo Clinic. Dr. Brown is a Clinical Professor at Oklahoma University Health Science Center. Dr. Brown has experience with and insight into all aspects of developing and growing a company and as President and Chief Executive Officer oversaw the launch, development and sale of two different medical claims clearinghouses specializing in the provision of medical clearinghouse services to university affiliated hospitals and other medical providers throughout the United States, each of which was sold favorably. Dr. Brown served as President of the Medical Staff of Baptist Medical Center of Oklahoma. He is a Board member of Integris Physicians Services, Inc. Dr. Brown’s leadership experience, entrepreneurial business experience and broad range of knowledge of the history and business through his service as a director, among other factors, led the Board to conclude that he should serve as a director. |
Lance Benham |
Mr. Lance Benha has been appointed as Independent Director of LSB Industries, Inc., effective March 15, 2013. In January 2013, Mr. Benham retired as Senior Vice President of SAIC Energy, Environment & Infrastructure, LLC (“SAIC Energy”), a subsidiary of Science Applications International Corporation (“SAIC”). From 1982 to 2007, Mr. Benham worked for The Benham Companies, a nationally prominent architecture-engineering and design-build firm headquartered in Oklahoma City. He became President and CEO of The Benham Companies in 2003 and remained in that capacity until the firm’s acquisition by SAIC in 2007. Mr. Benham spent 10 years on active duty with the Navy, followed by service with the Naval Reserves. Mr. Benham is a community leader with service on boards of numerous non-profits including the Oklahoma Medical Research Foundation, Oklahoma City National Memorial & Museum, National Cowboy & Western Heritage Museum, Oklahoma School of Science and Mathematics Foundation, and many others. He received a Bachelor of Science from the United States Naval Academy in 1972; and in 1977 he received Masters of Science degrees from the Massachusetts Institute of Technology in both Mechanical Engineering and Naval Architecture and Marine Engineering. |
Charles Burtch |
Mr. Charles A. Burtch is an Independent Director of LSB Industries Inc., since 1999. Mr. Burtch was formerly Executive Vice-President and West Division Manager of BankAmerica, where he managed BankAmerica’s asset-based lending division for the western third of the United States. He retired in 1998 and has since been engaged as a private investor. Mr. Burtch is a graduate of Arizona State University. Mr. Burtch’s financial experience and his experience as executive vice president of a commercial bank, among other factors, led the Board to conclude that he should serve as a director. |
Robert Butkin |
Mr. Robert A. Butkin is an Independent Director of LSB Industries Inc., since August 16, 2007. Mr. Butkin is a Professor of Law at the University of Tulsa College of Law. He was Dean of the Tulsa College of Law from 2005 to 2007. Mr. Butkin serves as President and as a member of the board of BRJN Capital Corporation, a private investment company. Mr. Butkin served as Assistant Attorney General for the State of Oklahoma from 1987 to 1993, and served from 1995 to 2005 as the State Treasurer of Oklahoma. He has served in community and professional organizations, including holding the presidency of the Southern State Treasurers Association. He chaired the Banking, Collateral and Cash Management Committee for the National Association of State Treasurers (“NAST”). In addition, from 1981 to 1995, he served on the Board of Citizens Bank of Velma, Oklahoma, and he served as Chairman of the Board of that bank from 1991 to 1994. Mr. Butkin serves on the board of several non-profits, including the Jasmine Moran Children’s Museum (1995-present); Leadership Oklahoma (Advisory Board, 1998-present); and the Oklahoma Academy (2003-present). He attended and received a Bachelor of Arts degree from Yale College. He received his Juris Doctorate from the University of Pennsylvania Law School in 1978. |
Bernard Ille |
Mr. Bernard G. Ille is an Independent Director of LSB Industries Inc., since 1971. Mr. Ille served as President and Chief Executive Officer of United Founders Life from 1966 to 1988. He served as President and Chief Executive Officer of First Life Assurance Company from 1988, until it was acquired by another company in 1994. During his tenure as President of these two companies, he served as Chairman of the Oklahoma Guaranty Association for 10 years and was President of the Oklahoma Association of Life Insurance Companies for two terms. He was a director of Landmark Land Company, Inc., which was the parent company of First Life for many years until his retirement in March 2011. He is a director for Quail Creek Bank, N.A. Mr. Ille is President of BML Consultants, a consulting firm, and a private investor. He is a graduate of the University of Oklahoma. |
Gail Lapidus |
Ms. Gail P. Lapidus is an Independent Director of LSB Industries Inc., since February 18, 2010. Ms. Lapidus is the Executive Director and Chief Executive Officer of Family & Children’s Services (“FCS”), a premiere human services provider in the Tulsa, Oklahoma metro area. Ms. Lapidus has been with the 88-year-old agency for 39 years and has served as its Executive Director since 1986. During her tenure, FCS has become the outpatient community mental health center in the state of Oklahoma for children, families and individuals without sufficient economic resources or health insurance. FCS, which has an annual budget of more than $40 million and a staff of over 500, has attracted national recognition and research grants for the services it provides. Ms. Lapidus received her undergraduate degree and a Master’s Degree in Social Work from the University of Oklahoma where she was later named an inaugural inductee into the Hall of Honor for outstanding leadership in professional practice. |
Donald Munson |
Mr. Donald W. Munson is an Independent Director of LSB Industries Inc., since 1997. From 1988, until his retirement in 1992, Mr. Munson served as President and Chief Operating Officer of Lennox Industries. Prior to 1998, he served as Executive Vice President of Lennox Industries’ Division Operations, President of Lennox Canada and Managing Director of Lennox Industries’ European Operations. Prior to joining Lennox Industries, Mr. Munson served in capacities with the Howden Group, a company located in Scotland, and The Trane Company, including serving as the managing director of various companies within the Howden Group and Vice President Europe for The Trane Company. He is currently a consultant. He has degrees in mechanical engineering and business administration from the University of Minnesota. |
Ronald Perry |
Mr. Ronald V. Perry is an Independent Director of LSB Industries Inc., since August 16, 2007. In 2011, after 32 years, Mr. Perry stepped down as President of Prime Time Travel, which he founded. He continues with Prime Time Travel as a member of the Executive Committee, Director and Treasurer. He is an elected member of the Board of Directors of Metro Technology Centers. Mr. Perry has served in various charitable and civic organizations. He has had leadership positions with Leadership OKC, Rotary Club of OKC and the American Heart Association. He is also past President of the Board of Directors for the Regional Food Bank of Oklahoma. In 2007, the mayor of Oklahoma City appointed Mr. Perry to serve as a commissioner on the Oklahoma City Convention and Visitors Bureau. Mr. Perry graduated from Oklahoma State University, with a Bachelor’s degree in Business Administration and then served as a captain in the United States Army. |
John Shelley |
Mr. John A. Shelley is an Independent Director of LSB Industries Inc., since 2005. Mr. Shelley is the President and Chief Executive Officer of The Bank of Union located in Oklahoma. He has held this position since 1997. Prior to 1997, Mr. Shelley held senior level positions in financial institutions in Oklahoma, including the position of President of Equity Bank for Savings, N.A., a savings and loan that was owned by the Company prior to 1994, former member of the Board of Directors of the Oklahoma Bankers Association and former Commissioner of the Oklahoma Securities Commission. He is a Trustee of the Advantage Health Plans Trust and a Trustee of the Oklahoma City Retailers Foundation Affiliated fund of the Oklahoma City Community Foundation. Mr. Shelley is a graduate of the University of Oklahoma. |
Basic Compensation
| Name | Fiscal Year Total |
|---|---|
Jack Golsen |
1,256,430 |
Barry Golsen |
866,615 |
Tony Shelby |
517,310 |
David Goss |
510,754 |
David Shear |
451,357 |
Jimmie Jones |
-- |
Michael Tepper |
-- |
Harold Rieker |
-- |
Michael Adams |
-- |
Steven Golsen |
595,470 |
Robert Brown |
-- |
Lance Benham |
-- |
Charles Burtch |
-- |
Robert Butkin |
-- |
Bernard Ille |
-- |
Gail Lapidus |
-- |
Donald Munson |
-- |
Ronald Perry |
-- |
John Shelley |
-- |
As Of 30 Dec 2012
Options Compensation
| Name | Options | Value |
|---|---|---|
Jack Golsen |
432,500 | 4,839,516 |
Barry Golsen |
92,250 | 485,174 |
Tony Shelby |
219,500 | 1,150,015 |
David Goss |
284,500 | 1,738,965 |
David Shear |
234,588 | 2,093,496 |
Jimmie Jones |
0 | 0 |
Michael Tepper |
0 | 0 |
Harold Rieker |
0 | 0 |
Michael Adams |
0 | 0 |
Steven Golsen |
11,250 | 362,250 |
Robert Brown |
0 | 0 |
Lance Benham |
0 | 0 |
Charles Burtch |
0 | 0 |
Robert Butkin |
0 | 0 |
Bernard Ille |
0 | 0 |
Gail Lapidus |
0 | 0 |
Donald Munson |
0 | 0 |
Ronald Perry |
0 | 0 |
John Shelley |
0 | 0 |
| Name | Shares Traded | Price |
|---|---|---|
RAPPAPORT LINDA F |
5,780 | $39.42 |
GOLSEN BARRY H |
5,780 | $39.42 |
GOLSEN FAMILY L L C |
34,000 | $39.42 |
GOLSEN STEVEN J |
5,780 | $39.42 |
GOLSEN JACK E |
34,000 | $39.42 |
SBL L L C |
34,000 | $39.42 |
PERRY RONALD V |
1,000 | $39.40 |
PERRY RONALD V |
1,000 | $7.86 |
RAPPAPORT LINDA F |
5,925 | $38.78 |
SBL L L C |
34,850 | $38.78 |
GOLSEN FAMILY L L C |
34,850 | $38.78 |
GOLSEN STEVEN J |
5,925 | $38.78 |
GOLSEN JACK E |
34,850 | $38.78 |
MURRAY JAMES WILLIAM III |
1,650 | $38.90 |
GOLSEN BARRY H |
5,925 | $38.78 |
MURRAY JAMES WILLIAM III |
1,650 | $9.69 |
GOLSEN JACK E |
65,150 | $38.02 |
GOLSEN STEVEN J |
11,076 | $38.02 |
GOLSEN FAMILY L L C |
65,150 | $38.02 |
RAPPAPORT LINDA F |
11,076 | $38.02 |
SBL L L C |
65,150 | $38.02 |
GOLSEN BARRY H |
11,076 | $38.02 |
SHELLEY JOHN A |
825 | $7.86 |
BURTCH CHARLES A |
2,475 | $7.86 |
JONES JIMMIE D |
500 | $0.00 |

