People: Action Construction Equipment Ltd (ACEL.NS)
26 May 2017
Mr. Eugene B. Shanks, Jr., serves as Independent Director of the Company since May 2011. Mr. Shanks is a member of the Board of Directors of Federal Home Loan Mortgage Corporation (Freddie Mac), and chairs its nominating and governance committee as well as serving on its business and risk committee and its executive committee. From 1997 until its sale in 2002, Mr. Shanks was President and Chief Executive Officer of NetRisk, Inc., a risk management software and advisory services company he founded. From 1973 to 1978 and from 1980 to 1995, Mr. Shanks held a variety of positions with Bankers Trust New York Corporation and Bankers Trust Company, including head of Global Markets from 1986 to 1992 and President and Director from 1992 to 1995. With two decades of varied banking experience, Mr. Shanks brings extensive finance expertise to the Board. He earned a PhD in economics at Stanford University. In addition he has a strong background in both asset and risk management, which are two areas that are very important to Chubb’s business. Our Board also benefits from the leadership experience that Mr. Shanks gained from serving as a president of Bankers Trust. Mr. Shanks’s public company board experience also contributes to his value as a director.
|Total Annual Compensation, USD||100,000|
|Restricted Stock Awards, USD||160,000|
|Long-Term Incentive Plans, USD||--|
|All Other, USD||20,000|
|Fiscal Year Total, USD||280,000|