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Summary

Name Age Since Current Position

Allen Greene

65 2006 Chairman of the Board, Chief Executive Officer

Jack Fingerhut

61 2006 President and President - Accounting Division, Director

Stanley Wirtheim

62 2004 Chief Accounting, Financial Officer, Treasurer

Joseph Fish

46 2000 Chief Technology Officer

Karen Stolzar

63 2006 Vice President - Accounting Divison, Secretary

John Gorman

57 2006 Independent Director

Martin Lager

60 2004 Independent Director

Leonard Stanley

57 2007 Independent Director

Biographies

Name Description

Allen Greene

Mr. Allen S. Greene is Chairman of the Board, Chief Executive Officer of SmartPros Ltd. Mr. Greene has been the chairman of the Board since January 1, 2006 and chief executive officer since April 2001. From April 2001 to December 31, 2006, he served as vice chairman of the Board. He is also chairman and chief executive officer of SmartPros Legal and Ethics, Ltd. (formerly known as Working Values, Ltd.), Skye Multimedia, Ltd. and Loscalzo Associates, Ltd. subsidiaries, and chairman of iReflect, LLC., a joint venture of Skye Multimedia subsidiary (“iReflect”) which provides an inter-active, web-based tool used for the development of marketing and presentation skills. From August 1997 until December 1999 he was the senior executive vice president, chief operating officer, and chief lending officer of Medallion Financial Corporation, a Nasdaq-listed financial holding company lending to small business. Since 1997, Mr. Greene has been president of Veral & Co. LLC, a private consulting firm that provided general business, financial and M&A advisory services. Veral is currently inactive. Mr. Greene holds a BBA from The Baruch School of the City University of New York in Finance and Investments, and an MBA from Baruch College of the City University of New York.

Jack Fingerhut

Mr. Jack Fingerhut is President and President - Accounting Division, Director of SmartPros Ltd. Mr. Fingerhut is one of founders and has been a director since 1981. He has served as president since March 1, 2006. From April 2004 until March 2006 he was senior executive vice president and from April 2004 through October 18, 2004, he also served as treasurer. From 1998 through April 2004 he was president of the accounting division and from July 2002 through October 19, 2004, he was also chief financial officer. He served as both chief operating officer and chief financial officer from 1981 through 1998. In 1973, Mr. Fingerhut received a BA degree in History from the University of Maryland, and in 1974 he earned his MBA in Accounting from Rutgers University. He is a certified public accountant in New Jersey. Mr. Fingerhut is a member of the American Institute of Certified Public Accountants and the New Jersey Society of Certified Public Accountants.

Stanley Wirtheim

Mr. Stanley P. Wirtheim, CPA, is Chief Accounting, Financial Officer, Treasurer of SmartPros Ltd., October 19, 2004. In 2008, he was also appointed the chief financial officer of iReflect. Mr. Wirtheim is a certified public accountant in New York State. He works four full days per week so that he can maintain his independent accounting practice, Stanley P. Wirtheim, CPA, which he founded in 1997. Prior to his becoming chief accounting and financial officer and since 1981, he has performed accounting services. Mr. Wirtheim received a BBA in accounting from Baruch College of the City University of New York in 1972.

Joseph Fish

Mr. Joseph R. Fish is Chief Technology Officer of SmartPros Ltd., since January 1, 2000. He joined in November 1998 and, through December 31, 1999, served as vice president of new media. Mr. Fish attended Embry-Riddle Aeronautical University in Katterbach, Germany.

Karen Stolzar

Ms. Karen S. Stolzar is Vice President - Accounting Divison, Secretary of SmartPros Ltd. Ms. Stolzar has been a vice president of accounting division since joining in March 1990. She was appointed Secretary in March 2006. She oversees course compliancy and continuing education for accounting division. Ms. Stolzar received a BA degree from Barnard College, Columbia University in 1971.

John Gorman

Mr. John J. Gorman is Independent Director of SmartPros Ltd., since January 1, 2006. Mr. Gorman has been a partner at Luse, Gorman, Pomerenk & Schick, P.C., a Washington, DC law firm, since 1994. He specializes in providing both transactional and general corporate and securities law advice to public and private companies. Mr. Gorman is a faculty member of the National Association of Corporate Directors (NACD), and served as a Commissioner on the 2004 NACD Blue Ribbon Commission on Board Leadership. Mr. Gorman earned a BS degree from Brown University in 1976, and a JD from Vanderbilt University School of Law in 1979.

Martin Lager

Mr. Martin H. Lager is Independent Director of SmartPros Ltd. Mr. Lager was appointed to the Board as a Class I director in March 2006. From April 2004 through March 2006 he served on the Board as a Class III director. Since his initial appointment to the Board in October 2004, he has served as the chairman of Audit Committee. Since January 1, 2004, Mr. Lager has been operating his own accounting practice, Martin H. Lager, CPA. From January 1, 1996 through December 31, 2003 Mr. Lager was a partner in the accounting firm of Rubin & Katz LLP where he was the manager of the tax department. Mr. Lager received a BS in Accounting from Babson College in 1974, and an MBA in Taxation in 1980 from St. John’s University. He is a licensed certified public accountant in the State of New York.

Leonard Stanley

Mr. Leonard J. Stanley is Independent Director of SmartPros Ltd., since August 2007. He currently provides consulting services in the financial services industry. From February 2007 to May 2008, he was a consultant to Stifel, Nicolaus & Company, Incorporated, also a regional broker-dealer. From November 1994 through February 2007, Mr. Stanley was employed by Ryan Beck & Co., a middle market investment bank, where he was executive vice president – director of administration. His prior positions at Ryan Beck included chief administrative officer, chief financial officer and controller. Since May 1998, he has served as a member of the board of directors of Cenlar Capital Corporation and Cenlar Federal Savings Bank. Mr. Stanley received a BS in Accounting in 1976 from the State University of New York, Fredonia. He is a certified public accountant in the State of New Jersey.

Basic Compensation

Name Fiscal Year Total

Allen Greene

478,440

Jack Fingerhut

259,381

Stanley Wirtheim

--

Joseph Fish

265,959

Karen Stolzar

--

John Gorman

--

Martin Lager

--

Leonard Stanley

--
As Of 30 Dec 2011

Options Compensation

Name Options Value

Allen Greene

172,331 42,656

Jack Fingerhut

0 0

Stanley Wirtheim

0 0

Joseph Fish

49,897 0

Karen Stolzar

0 0

John Gorman

0 0

Martin Lager

0 0

Leonard Stanley

0 0
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