Management ChangeApr 28, 2026, 04:14 PM
ANDG Appoints Susan Decker to Board of Directors
AI Summary
Andersen Group Inc. announced the appointment of Susan Decker to its Board of Directors, effective April 27, 2026. Her initial term will conclude at the 2026 annual meeting of stockholders. The Board, now expanded to eight members, determined Ms. Decker to be an independent director and appointed her to the compensation and risk committees. In connection with her eventual Board service, Ms. Decker was granted 2,500 profits interest units, which were exchanged for 250,000 Class X Aggregator Units and fully vested upon grant, subject to retention and conversion restrictions.
Key Highlights
- Andersen Group Inc. appointed Susan Decker as a new independent director to its Board.
- The Board of Directors was expanded to eight members following Ms. Decker's appointment.
- Ms. Decker was also appointed to the compensation committee and the risk committee.
- She received 2,500 profits interest units, exchanged for 250,000 Class X Aggregator Units, fully vested upon grant.
- Ms. Decker is required to retain one-third of the grant and is restricted from converting more than 20% annually.
- The company has repurchase rights on a portion of the grant if Ms. Decker terminates service before July 1, 2027 (60%), July 1, 2028 (40%), or July 1, 2029 (20%).
Price Impact
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