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United States

REX American Resources Corp (REX.N)

REX.N on New York Stock Exchange

99.58USD
8 Dec 2016
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Summary

Name Age Since Current Position

Stuart Rose

67 2015 Executive Chairman of the Board

Zafar Rizvi

65 2015 President, Chief Executive Officer, Director

Douglas Bruggeman

54 2003 Chief Financial Officer, Vice President - Finance, Treasurer

Edward Kress

65 1985 Secretary, Director

David Harris

55 2015 Lead Director

Lawrence Tomchin

87 2004 Director

Mervyn Alphonso

74 2007 Independent Director

Robert Davidoff

88 1984 Independent Director

Charles Elcan

51 2003 Independent Director

Lee Fisher

63 2011 Independent Director

Biographies

Name Description

Stuart Rose

Sir Stuart Alan Rose serves as the Executive Chairman of the Board of the Company. He was Chief Executive Officer of Rex American Resources Corporation. Prior to 1984, Sir Rose was Chairman of the Board and Chief Executive Officer of Rex Radio and Television, Inc., which he founded in 1980 to acquire the stock of a corporation which operated four retail stores.

Zafar Rizvi

Mr. Zafar A. Rizvi serves as the President, Chief Executive Officer, Director of the Company. Mr. Rizvi, 65, has served as President and Chief Operating Officer of the Company since 2010. Previously, he had been Vice President, and has been President of Farmers Energy Incorporated, our alternative energy investment subsidiary, since 2006. From 1991 to 2006, Mr. Rizvi was Vice President – Loss Prevention.

Douglas Bruggeman

Mr. Douglas L. Bruggeman serves as the Chief Financial Officer, Vice President - Finance, Treasurer of Rex American Resources Corporation. He was elected as Chief Financial Officer in 2003. From 1987 to 1989, Mr. Bruggeman was our Manager of Corporate Accounting. Mr. Bruggeman was employed with the accounting firm of Ernst & Young prior to joining us in 1986.

Edward Kress

Mr. Edward M. Kress serves as the Secretary, Director of Rex American Resources Corporation. Mr. Kress has been a partner of the law firm of Dinsmore & Shohl LLP (formerly Chernesky, Heyman & Kress P.L.L.), our legal counsel, since 1988. Mr. Kress has practiced law in Dayton, Ohio since 1974.

David Harris

Mr. David S. Harris serves as the Lead Director of the Company. He was an Independent Director of Rex American Resources Corporation. Mr. Harris has served as President of Grant Capital, Inc., a private investment company, since January 2002. Mr. Harris served as a Managing Director of Tri-Artisan Partners, LLC, a private merchant banking firm engaged in investment banking and principal investment activities, from January 2005 to June 2006. From May 2001 to December 2001, Mr. Harris served as a Managing Director in the investment banking division of ABN Amro Securities LLC (ABN). From 1997 to May 2001, Mr. Harris served as a Managing Director and Sector Head of the Retail, Consumer and Leisure Group of ING Barings LLC (ING). The investment banking operations of ING were acquired by ABN in May 2001. From 1986 to 1997 Mr. Harris served in capacities as a member of the investment banking group of Furman Selz LLC. Furman Selz was acquired by ING in 1997. Mr. Harris is a director of Steiner Leisure Limited.

Lawrence Tomchin

Mr. Lawrence Tomchin serves as the Director of Rex American Resources Corporation. He was retired as company's President and Chief Operating Officer in 2004, a position he held since 1990, and remained a part-time employee and consultant until January 31, 2006. From 1984 to 1990, he was company's Executive Vice President and Chief Operating Officer. Mr. Tomchin has been a director since 1984. Mr. Tomchin was Vice President and General Manager of the corporation which was acquired by Rex Radio and Television, Inc. in 1980 and served as Executive Vice President of Rex Radio and Television, Inc. after the acquisition. Mr. Tomchin’s service as company's retired Chief Operating Officer provides the Board with additional perspective of the Company’s operations.

Mervyn Alphonso

Mr. Mervyn L. Alphonso serves as the Independent Director of Rex American Resources Corporation. Mr. Alphonso retired as Vice President for Administration and Chief Financial Officer of Central State University in March 2007, a position he held since 2004. Mr. Alphonso has 30 years of experience in the banking industry. He was President, Dayton District, KeyBank National Association from 1994 to 2000 and held various management positions with KeyBank of New York, N.A., Crocker National Bank and Bankers Trust Company. Mr. Alphonso served as a Peace Corps volunteer from 2001 to 2003.

Robert Davidoff

Mr. Robert Davidoff serves as the Independent Director of Rex American Resources Corporation. Mr. Davidoff has been a Managing Director of Carl Marks & Co., Inc., an investment banking firm, since 1990, and the general partner of CMNY Capital II, L.P., a venture capital affiliate of Carl Marks & Co., since 1989. Mr. Davidoff was formerly a director of Cinedigm Digital Cinema Corp., Hubco Exploration, Inc. and Marisa Christina, Inc. Mr. Davidoff’s long career in investment banking and accounting background gives the Board seasoned, executive level financial knowledge.

Charles Elcan

Mr. Charles A. Elcan serves as the Independent Director of Rex American Resources Corporation. Mr. Elcan is a founder and President of China Healthcare Corporation, organized in May 2008 to build and operate hospitals in China. Mr. Elcan was Executive Vice President—Medical Office Properties of Health Care Property Investors, Inc. (HCP), a real estate investment trust specializing in health care related real estate, from October 2003 to April 2008, and served as the Chief Executive Officer and President of MedCap Properties, LLC, a real estate company located in Nashville, Tennessee that owned, operated and developed real estate in the healthcare field, from 1998 to October 2003. (HCP acquired MedCap Properties in October 2003.) From 1992 to 1997, Mr. Elcan was a founder and investor in Behavioral Healthcare Corporation (now Ardent Health Services LLC), a healthcare company that owns and operates acute care hospitals.

Lee Fisher

Mr. Lee Fisher serves as the Independent Director of Rex American Resources Corporation. Mr. Fisher is President and Chief Executive Officer of CEOs for Cities, a non-profit national organization of urban leaders focused on revitalizing American cities. Mr. Fisher served as Lieutenant Governor of Ohio from 2007 to 2011, including as Director of the Ohio Department of Development. Mr. Fisher was a director of REX from 1996 to 2006. He served as President and Chief Executive Officer of the Center for Families and Children, a private non-profit human services organization, from 1999 to 2006. Mr. Fisher was a partner in the law firm of Hahn Loeser & Parks LLP from 1995 to 1999, served as Ohio Attorney General from 1991 to 1995, State Senator and State Representative, Ohio General Assembly, from 1981 to 1990, and practiced law with Hahn Loeser & Parks from 1978 to 1990. Mr. Fisher was formerly a director of OfficeMax Incorporated.

Basic Compensation

Name Fiscal Year Total

Stuart Rose

1,154,500

Zafar Rizvi

1,199,270

Douglas Bruggeman

1,275,900

Edward Kress

--

David Harris

50,000

Lawrence Tomchin

45,000

Mervyn Alphonso

45,000

Robert Davidoff

45,000

Charles Elcan

45,000

Lee Fisher

45,000
As Of  30 Jan 2015

Options Compensation

Name Options Value

Stuart Rose

3,478,075 27,692,150

Zafar Rizvi

400,000 4,023,873

Douglas Bruggeman

311,800 2,486,066

Edward Kress

0 0

David Harris

0 0

Lawrence Tomchin

1,155,625 7,914,208

Mervyn Alphonso

0 0

Robert Davidoff

0 0

Charles Elcan

0 0

Lee Fisher

0 0