Allan H. Selig
About Allan H. Selig
Allan H. Selig is an independent director of Oil-Dri Corporation of America; age 91, director since 1969. He holds a bachelor’s degree from the University of Wisconsin (1956) and is Commissioner Emeritus of Major League Baseball, President and Chairman of Selig Leasing Company Inc., and President of AHS Investments, LLC . The Board granted a waiver from the fixed retirement age to Mr. Selig on October 8, 2025 due to his skills and experience .
Past Roles
| Organization | Role | Tenure | Committees/Impact |
|---|---|---|---|
| Major League Baseball | Commissioner | 1998–Jan 2015 | Brought change and growth in baseball via consensus management despite economic/political challenges |
| Major League Baseball | Chair, Executive Council | 1992–1998 | Led governance during ownership transition periods |
| Milwaukee Brewers Baseball Club, Inc. | President & CEO | 1970–1998 | Long-tenured operating leadership and franchise management |
| Selig Ford, Inc. / Selig Chevrolet | President | 1959–1990 | Led auto retail operations; family business management |
| Selig Leasing Company Inc. | Chairman & President | 1970–present | Ongoing leadership in leasing business |
| AHS Investments, LLC | President | Not disclosed | Investment management leadership |
| Baseball Hall of Fame | Inductee | July 30, 2017 | Recognition of career impact |
External Roles
| Organization | Role | Type | Notes/Interlocks |
|---|---|---|---|
| Marcus Corporation | Director | Corporate | Current directorship noted in ODC proxy |
| Green Bay Packers, Inc. | Director Emeritus | Sports | Honorary role; not a current board director |
| Greater Milwaukee Committee | Director | Civic | Community leadership |
| Milwaukee Club | Director | Civic | Community leadership |
| University of Wisconsin Foundation | Director | Non-profit | Philanthropic governance |
| Ixonia Bancshares, Inc. | Director | Financial | Corporate governance role |
| Boys and Girls Clubs of Greater Milwaukee | Trustee | Non-profit | Philanthropic involvement |
Board Governance
- Independence: The Board determined Mr. Selig is independent under NYSE Corporate Governance Standards .
- Committee assignments: Member, Compensation Committee (not Chair). Compensation Committee membership in FY2025 was Ellen‑Blair Chube (Chair), Allan H. Selig, Michael A. Nemeroff .
- Meeting attendance: Board held 4 meetings; Compensation Committee held 1. All directors attended 100% of Board and applicable committee meetings in FY2025 .
- Executive sessions: Non‑management directors meet in executive session at all regular Board meetings; the Lead Director or Audit Chair presides .
- Retirement age policy: Director retirement age is 72 absent waiver; on October 8, 2025 the Board waived retirement age for Mr. Selig and Mr. Washow .
- Board leadership: Lead Director role carried an additional $25,000 cash retainer (held by George C. Roeth in FY2025) .
Fixed Compensation
| Component | Amount ($) | Details |
|---|---|---|
| Annual cash retainer | $33,000 | Standard non‑management director retainer for FY2025 |
| Meeting fees | $3,000 / $1,500 | $3,000 per Board/committee meeting attended in person or when virtual is the only option; $1,500 for virtual when in‑person attendance is available |
| Compensation Committee service fee | $5,000 | Additional fee for service on Compensation Committee (applied to Mr. Selig in FY2025) |
| Stock awards | $0 | No director stock awards granted in FY2025 |
| Change in pension value / deferred comp earnings | $0 | No earnings reported for Mr. Selig in FY2025 |
| Total FY2025 fees earned (cash) | $50,000 | Includes $5,000 Compensation Committee service fee |
Additional program features:
- Directors may elect to defer compensation under an unfunded non‑qualified plan; amounts earn interest at our long‑term cost of borrowing plus 1%, with distributions upon separation, death/disability, change of control, or emergencies .
Performance Compensation
- Director equity grants: No new director equity awards in FY2025; however, as of July 31, 2025 each non‑management director held 2,000 restricted shares of Common Stock awarded December 15, 2023, scheduled to “cliff” vest December 15, 2025 .
| Equity Award Type | Grant Date | Shares | Vesting | Notes |
|---|---|---|---|---|
| Restricted Shares (Common) | Dec 15, 2023 | 2,000 | Cliff vest Dec 15, 2025 | Held by each listed director including Mr. Selig |
- Director performance metrics: None disclosed for directors; director compensation consisted of retainer and meeting fees in FY2025 (no performance‑linked components) .
Other Directorships & Interlocks
- Compensation Committee interlocks: FY2025 Compensation Committee comprised Chube, Selig, Nemeroff; no interlocking relationships with other companies’ boards/comp committees reported, and no such interlocks in the past .
- Related‑party relationships on committee: Mr. Nemeroff is President/CEO and a director/shareholder of Vedder Price P.C., which provided services to ODC; ODC paid Vedder Price $1,586,072 in FY2025. No other Compensation Committee member had relationships requiring disclosure .
Expertise & Qualifications
- The proxy highlights Mr. Selig’s “sound judgment, integrity and business management skills” from managing several businesses and his unique consensus‑driven leadership that enabled change and growth in MLB despite challenges; he is also a community leader and advisor to philanthropic organizations .
Equity Ownership
| Holding | Amount | Vesting Status | % of Common Outstanding | Pledged? |
|---|---|---|---|---|
| Common Stock | 102,000 | Includes 2,000 restricted shares awarded 12/15/2023, scheduled to vest 12/15/2025 | “*” (does not exceed 1%) | Not pledged (unless otherwise indicated; pledge approvals limited and only Mr. Jaffee has approval) |
Notes:
- Ownership percentages calculated on 10,373,180 Common shares outstanding as of October 13, 2025; table marks Mr. Selig’s percentage with “*”, indicating less than 1% .
- Insider Trading Policy prohibits hedging and pledging by directors and executives, except in very limited circumstances with prior approval; only Mr. Jaffee has a disclosed pledge approval (Class B Stock). No pledges are indicated for Mr. Selig .
Governance Assessment
-
Positives:
- Independent status; 100% attendance in FY2025 across Board and applicable committee meetings—strong engagement .
- Clear committee role on Compensation Committee; executive sessions held at all regular meetings, supporting independent oversight .
- High prior say‑on‑pay approval (97.7% for FY2023), suggesting investor support for compensation practices managed by the committee including Mr. Selig’s participation .
- Anti‑hedging/pledging policy and absence of pledges for Mr. Selig support alignment and risk control .
-
Cautions / RED FLAGS:
- Retirement age waiver at age 91 indicates Board discretion overriding the 72‑year retirement guideline; can raise entrenchment concerns despite acknowledged skills/experience .
- Controlled company exemptions: Compensation Committee is not fully independent and has no written charter; while permissible, this weakens structural governance oversight. Mr. Selig is independent, but serves alongside a non‑independent member (Nemeroff) .
- Related‑party exposure on the Compensation Committee via Vedder Price P.C. (services totaling $1,586,072 in FY2025) presents perceived conflict risk, even though disclosures and Audit Committee guidelines are in place; Mr. Selig himself has no reported related‑party ties .
- No director equity grants in FY2025; reliance on cash fees could dilute long‑term alignment, though directors (including Mr. Selig) hold legacy restricted shares scheduled to vest in FY2025 .