People: Tofutti Brands Inc (TOF.A)

TOF.A on American Stock Exchange

4.75USD
18 Jul 2014
Price Change (% chg)

$0.12 (+2.59%)
Prev Close
$4.82
Open
$4.83
Day's High
$4.83
Day's Low
$4.75
Volume
300
Avg. Vol
505
52-wk High
$5.90
52-wk Low
$1.50

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Summary

Name Age Since Current Position

David Mintz

81 1981 Chairman of the Board, Chief Executive Officer

Steven Kass

62 1987 Chief Financial Officer, Secretary,Treasurer

Reuben Rapoport

84 2003 Director

Franklyn Snitow

66 1987 Director

Neal Axelrod

60 2007 Independent Director

Joseph Himy

44 2013 Independent Director

Scott Korman

58 2011 Independent Director

Biographies

Name Description

David Mintz

Mr. David Mintz is Chairman of the Board, Chief Executive Officer of Tofutti Brands Inc., since August 1981. Mr. Mintz’s knowledge about our company and his role as the developer of our product line is essential to the operation of our board.

Steven Kass

Mr. Steven Kass is Chief Financial Officer, Secretary,Treasurer of Tofutti Brands Inc. He has been Chief Financial Officer since November 1986 and Secretary and Treasurer since January 1987.

Reuben Rapoport

Mr. Reuben Rapoport is Director of Tofutti Brands Inc. Mr. Rapoport’s product development background and knowledge about our company enhances the breadth of experience of the board of directors.

Franklyn Snitow

Mr. Franklyn H. Snitow is Director of Tofutti Brands Inc., since 1987. He has been a partner in the New York City law firm Snitow Kanfer Holtzer & Millus, LLP, our general counsel, since 1985. Mr. Snitow’s legal and corporate governance background enhances the breadth of experience of the board of directors.

Neal Axelrod

Mr. Neal S. Axelrod is Independent Director of Tofutti Brands Inc., since August 2007. Mr. Axelrod has been a self-employed certified public accountant in New Jersey since 1977. Mr. Axelrod’s accounting and financial background enhances the breadth of experience of the board of directors.

Joseph Himy

Mr. Joseph N. Himy is Independent Director of TOFUTTI BRANDS INC., Mr. Himy has been Managing Director of The CFO Squad, a financial and business advisory firm providing outsourced CFO advisory and regulatory consulting services primarily for public companies, since August 2011. From May 2008 until August 2011, Mr. Himy was Chief Financial Officer of Vyteris, Inc., manufacturer of the first active transdermal patch approved by the U.S. Food and Drug Administration for the pain associated with blood draws, intravenous cannulations and laser ablation of superficial skin lesions. Prior to May 2008 and from October 2004, Mr. Himy held various other positions at Vyteris, including Corporate Controller and VP of Finance. Mr. Himy received a B.S. in Accounting from Brooklyn College of the City University of New York and is a certified public accountant.

Scott Korman

Mr. Scott Korman is Independent Director of Tofutti Brands Inc., since December 13, 2011. Mr. Korman founded Nashone, Inc., a private equity firm, in 1984 and is its President. Nashone is also involved in financial advisory, turnaround and general management assignments. Mr. Korman is currently Chairman of Da-Tech Corporation, a Pennsylvania based contract electronics manufacturer. He previously served as Chairman and CEO of Best Manufacturing Group LLC., a leading manufacturer and distributor of uniforms, napery, service apparel, and hospitality and healthcare textiles. Mr. Korman also served as President and CEO of Welsh Farms Inc., a full service dairy, processing and distributing milk, ice cream mix and ice cream products. Mr. Korman received a B.S. in Economics from the University of Pennsylvania Wharton School in 1977. He also serves on the boards of various not-for-profit groups and was the founder of the Englewood Business Forum. Mr. Korman’s experience as a CEO of a frozen dessert company enhances the breadth of experience of the board of directors.

Basic Compensation

Name Fiscal Year Total

David Mintz

450,000

Steven Kass

125,000

Reuben Rapoport

--

Franklyn Snitow

--

Neal Axelrod

--

Joseph Himy

--

Scott Korman

--
As Of 27 Dec 2013

Options Compensation

Name Options Value

David Mintz

500,000 705,000

Steven Kass

964,000 2,064,812

Reuben Rapoport

0 0

Franklyn Snitow

0 0

Neal Axelrod

0 0

Joseph Himy

0 0

Scott Korman

0 0
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