People: Mines Management Inc (MGN.A)

MGN.A on American Stock Exchange

0.63USD
21 Nov 2014
Price Change (% chg)

$0.05 (+8.62%)
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$0.58
Open
$0.60
Day's High
$0.65
Day's Low
$0.60
Volume
8,241
Avg. Vol
7,292
52-wk High
$1.80
52-wk Low
$0.47

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Summary

Name Age Since Current Position

Glenn Dobbs

71 2013 Chairman of the Board, Chief Executive Officer

Douglas Dobbs

47 2013 President, Secretary

Nicole Altenburg

50 2013 Principal Financial Officer, Principal Accounting Officer, Controller

Russell Babcock

76 2004 Independent Director

Roy Franklin

77 2013 Independent Director

Jerry Pogue

71 1999 Independent Director

Robert Russell

79 1999 Independent Director

Biographies

Name Description

Glenn Dobbs

Mr. Glenn M. Dobbs is Chairman of the Board, Chief Executive Officer of Mines Management, Inc. He has been Chief Executive Officer of the Company since January 2003, served as President of the Company from 2003 to March 2013 and served as Vice President from December 2002 to January 2003. Prior to joining the Company, Mr. Dobbs formed and was the Managing Director of the InterGold Fund Limited from 1996 to December 2002. Mr. Dobbs was the founder of the Alpha Commodities Fund in 1976, founder and Board Chairman of First American Bank in 1978, Dallas regional manager for Monex International, and a former member of the Washington State House of Representatives. Mr. Dobbs has written and lectured on precious metals sector investing, resource development and financing. In determining Mr. Dobbs' qualifications to serve on our Board of Directors, the Board has considered, among other things, his experience in finance and management and in the mining industry.

Douglas Dobbs

Mr. Douglas D. Dobbs is President, Secretary of Mines Management, Inc. He has served as the President of the Company since March 2013. Between June 2005 and March 2013, he served as the Company's Vice President of Corporate Development. He joined the Company in October 2002 as the Director of Investor Relations after 13 years in investments, corporate planning, and marketing. Prior to joining the Company, Mr. Dobbs served as senior business and marketing analyst with Avista Labs, a wholly owned subsidiary of Avista Corp. (NYSE: AVA), involved in the development of energy technology. While at Avista, Mr. Dobbs was responsible for strategic planning, as well as market and corporate development activities. Prior to joining Avista, Mr. Dobbs spent 13 years in the investment industry with companies including Piper Jaffray Co., and National Securities Corp., ultimately founding and operating Dobbs Financial Services, an investment management firm involved with investment and market analysis and portfolio management. He is on the Board of Directors of Idaho North Resources, a privately held company. Mr. Dobbs holds a B.A. in Economics from Hillsdale College in Michigan, and was formerly a licensed investment manager and registered investment advisor. Mr. Dobbs is the son of Glenn M. Dobbs, our Chief Executive Officer and Director.

Nicole Altenburg

Ms. Nicole Altenburg has been appointed as Principal Financial Officer, Principal Accounting Officer, Controller of Mines Management, Inc., effective March 18, 2013. Ms. Altenburg has served as the Company's Controller since she joined the Company on May 7, 2007 and she was appointed as Principal Financial Officer and Principal Accounting Officer of the Company in March, 2013. In that capacity, she has been responsible for financial and accounting activities, as well as filings with the securities regulatory agencies in both the United States and Canada. Ms. Altenburg has previously practiced as a certified public accountant and has 11 years of experience in public accounting, followed by 14 years of experience as a controller in private industry. Ms. Altenburg obtained a B.S. in Business Administration from the University of Montana.

Russell Babcock

Mr. Russell C. Babcock is Independent Director of Mines Management, Inc. Mr. Babcock is currently a consulting economic geologist, specializing in exploration for and evaluation of base and precious metal deposits worldwide. He retired from Kennecott in 1994, where he worked for approximately 38 years. In November 1990, he became Chief Geologist for Kennecott. He was appointed Director of Exploration for Kennecott in Salt Lake City in January 1986. In 1956, he joined Kennecott's exploration subsidiary, Bear Creek Mining Company, as a part-time employee, and in 1959, he became a full-time exploration geologist. In 2003 he was the recipient of the Society for Mining Metallurgy and Exploration Ben Dickerson Award. He received a B.S. degree from Lawrence College, Appleton, Wisconsin, in 1957 and an M.S. degree from the University of Wisconsin, Madison in 1959. In determining Mr. Babcock's qualifications to serve on our Board of Directors, the Board has considered, among other things, his experience in mining geology including exploration, production, and management.

Roy Franklin

Mr. Roy G. Franklin is Independent Director of Mines Management, Inc. Mr. Franklin was a practicing certified public accountant from 1964 until 2003, specializing in small company administration and finance. Before his retirement in 2003, he was a principal in the firm of Oswalt, Teel, and Franklin. He was also a director of Heidelberg Silver Mining Company for 20 years until it was acquired by the Company in 1988. Mr. Franklin has also served as a consultant and/or director for several businesses and not-for-profit organizations in the State of Washington. In determining Mr. Franklin's qualifications to serve on our Board of Directors, the Board has considered, among other things, his experience in finance, accounting and management and in the mining industry.

Jerry Pogue

Mr. Jerry G. Pogue is Independent Director of Mines Management, Inc. Mr. Pogue is a businessman with an extensive background in the management and financing of junior resource companies. Mr. Pogue has been a self employed financial consultant in the mining sector since 1995. Previously, he managed a large sales organization, worked as a highly successful stockbroker and investment analyst, and financed and managed a number of companies in the resource and technology sectors. In the past, he frequently lectured at international mining investment conferences. In determining Mr. Pogue's qualifications to serve on our Board of Directors, the Board has considered, among other things, his experience in finance and management and in the mining industry

Robert Russell

Mr. Robert L. Russell is Independent Director of Mines Management, Inc., since March 1999. He is a professional engineer and has served as President, Chief Executive Officer and Director of Josephine Mining Corporation (TSX-V: JMC) since March 2011 and Chairman of the Board of Directors of St. Augustine Gold & Copper Limited (TSX: SAU) since January 2011, both public Canadian mining companies. He was previously a Senior Associate of Behre Dolbear, an international mining consulting firm. From September 1998 until 2004, Mr. Russell provided mining management consulting services through his consulting company, R.L. Russell Associates. From 1995 to 1998 Mr. Russell was employed in various positions by Zambia Consolidated Copper Mines, including as General Manager of the Nchanga Division. In that position, Mr. Russell was responsible for all functions of two operating mines and several metallurgical facilities. Under Mr. Russell, the Nchanga Division had 8,700 employees and produced 150,000 tons of copper and 3,500 tons (about 12% of the world's supply) of cobalt per year. Mr. Russell has also held positions with Exxon Minerals and Freeport McMoRan Copper and Gold, where he served as Vice President of Mining. Mr. Russell acted as General Manager of Freeport's Indonesian operations, which have become the largest gold mine in the world.

Basic Compensation

Name Fiscal Year Total

Glenn Dobbs

455,000

Douglas Dobbs

291,000

Nicole Altenburg

131,100

Russell Babcock

--

Roy Franklin

--

Jerry Pogue

--

Robert Russell

--
As Of 30 Dec 2013

Options Compensation

Name Options Value

Glenn Dobbs

995,000 4,002,950

Douglas Dobbs

20,000 14,000

Nicole Altenburg

0 0

Russell Babcock

0 0

Roy Franklin

0 0

Jerry Pogue

0 0

Robert Russell

0 0
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