John M. Toups
Johnson, Preiser, Toups
and Whetsell are current directors standing for reelection.
John M. Toups, the Chairman of our Compensation Committee, served as our independent lead director for calendar year 2009.
John M. Toups (2*) (3) (5)
John M. Toups has been a director since September 30, 1993.
Prior to his retirement, Mr. Toups held various management positions with Planning Research Corporation from 1970 through 1987, for which he was chief executive officer from 1978 to 1987 and chairman from 1982 to 1987.
He is also a director of Halifax Corporation, GTSI, Inc., Dewberry & Davis, and Willdan Group, Inc.
Within the last five years, Mr. Toups also served as a member of the Board of Directors for Dinte Resources.
The Board considered Mr. Toup’s senior leadership experience from being a Chief Executive Officer of a publicly-traded company, his public board experience, and his lengthy experience as one of our directors in concluding that Mr. Toups is highly qualified to serve as one of our directors.
Andrews, Butler, Donahue, Festa, Johnson, Preiser, Rosier, Toups
, and Whetsell are independent pursuant to our independence standards and have no material relationship with us that would affect their independence.
Mr. Toups is a director of Dewberry & Davis (“Dewberry”), a privately held professional services firm that provides engineering, surveying and environmental sciences services.
Previously, the independent, disinterested members of our Board authorized us to obtain services in the ordinary course of business from Dewberry
, the services of which included engineering and surveying of certain finished lots upon which we build our homes.
In 2009, we paid Dewberry
$87,979 for such services.
The Board concluded that NVR’s relationship with Dewberry
does not affect the independence of Mr. Toups
position as a director of Dewberry
does not enable him to derive any benefit from the relationship.