www.sec.gov/Archives/edgar/data/787253/0001193125-03-08 -
[Cached Version]
Published on: 12/2/2003
Last Visited: 12/4/2003
Mark A. LeDoux (Age 49)
Chairman of the Board, Chief Executive Officer and Assistant Treasurer
Director and Officer since 1986
Mr. LeDoux has been a director and the Chief Executive Officer of the Company since 1986, the Assistant Treasurer since 1998, and the Chairman of the Board since 2001.Mr. LeDoux has also served as a director and the Chairman of the Board of Natural Alternatives International Europe S.A. (NAIE), our wholly-owned subsidiary, since its inception in 1999.Previously, he served as President of the Company (1986-1996, 1999-2001); director, President and Chief Executive Officer of Natural Alternatives, Inc., a predecessor corporation that merged into the Company in 1986 (1980-1986); and Executive Vice President and Chief Operating Officer of Kovac Laboratories, a manufacturer of nutritional supplements (1976-1980).Mr. LeDoux graduated Cum Laude from the University of Oklahoma with a Bachelor of Arts and Letters in 1975.He earned his Juris Doctor degree in 1979 from Western State University College of Law.
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Mark A. LeDoux
Chairman of the Board and Chief Executive Officer
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As of July 1, 2002, Mr. LeDoux, the Chairman of the Board and our Chief Executive Officer, was indebted to the Company in the amount of $76,000.This amount represented the principal and accrued interest on a loan made to Mr. LeDoux for personal purposes.This loan has been repaid in full by Mr. LeDoux.
On June 23, 2003, the Board of Directors approved the assumption by the Company of the lease on an apartment in Lugano, Switzerland, currently in the name of Mr. LeDoux.Before assuming the lease, the Company had been paying a portion of the cost of the apartment based on a daily use rate when the apartment was used to house non-Swiss employees and customers visiting Lugano for business purposes related to NAIE.The daily use rate was less than the cost paid to house such personnel in local hotels.Employees and affiliated persons of the Company, including Mr. LeDoux and his family, will be required to pay the Company the ratable cost associated with any personal use of the apartment.