Kristy Pipes

About Kristy Pipes

Kristy Pipes (age 65) has served on AECOM’s Board since 2022 and is the independent Chair of the Audit Committee. She is designated by the Board as an “audit committee financial expert,” reflecting deep finance and accounting credentials, including service as Managing Director and Chief Financial Officer of Deloitte Consulting. She holds a B.A. in Business Economics and an MBA from UCLA and brings extensive public company board experience across sectors.

Past Roles

Organization	Role	Tenure	Committees/Impact
Deloitte Consulting	Managing Director & Chief Financial Officer	2015–2019	Financial leadership; management, accounting expertise
Deloitte Consulting	Various leadership roles	1999–2014	Senior management experience
Transamerica Life Companies	Vice President & Manager, Finance Division	1996–1999	Finance operations

External Roles

Organization	Role	Tenure	Notes
Public Storage	Director	2020–Present	Public company board service
EXLService	Director	2021–Present	Public company board service
Savers Value Village	Director	2021–Present	Public company board service
PS Business Parks	Director	2019–July 2022	Former public board

Board Governance

Independence: Determined independent under NYSE standards; currently chairs the Audit Committee and serves solely as a non-employee director.
Committee assignments: Audit Committee (Chair); Board determined she is an “audit committee financial expert.”
Attendance and engagement: FY2024 Board met 5 times; Audit Committee met 8 times; each incumbent director attended 100% of Board and committee meetings on which they served.
Executive sessions: Held at each regularly scheduled Board and committee meeting; chaired by the respective Committee Chair during committee sessions.
Board leadership structure: Roles of Chair and CEO combined effective 2025 Annual Meeting; Lead Independent Director role established (Douglas W. Stotlar).

Fixed Compensation

Director pay structure (policy):

Annual cash retainer: $100,000; Audit Committee Chair retainer: $25,000; Audit Committee member retainer: $12,000; meeting fees of $1,500 in-person or $1,000 by phone apply when meeting counts exceed five per year (Board or committee).
Per diem for other qualifying Board-related functions: $1,000 per day plus travel reimbursement.

FY2024 actual compensation for Ms. Pipes:

Component	Amount ($)
Fees Earned or Paid in Cash	128,000
Stock Awards (fair value)	167,558
All Other Compensation	1,510
Total	297,068

Notes:

“All Other Compensation” includes cash dividend payments on director RSUs; company charitable match applies to certain directors but not specified for Ms. Pipes.

Performance Compensation

Director equity program (structure and vesting):

Feature	Detail
Annual equity award	$167,500 time-vested RSUs (Chair of Board $190,000)
FY2024 grant date	March 19, 2024
Vesting terms	100% vesting on earlier of first anniversary of grant or date of 2025 Annual Meeting; settled in shares
Performance conditions	None; awards are time-vested RSUs (no TSR/financial metric gates)
Deferred comp eligibility	Directors may elect to defer cash retainer and/or RSU grants under EDCP

Other Directorships & Interlocks

Current public boards: Public Storage (since 2020), EXLService (since 2021), Savers Value Village (since 2021). Former: PS Business Parks (2019–July 2022).
Related-party transactions: The proxy discloses a transaction with Randstad (CEO is fellow director Sander van ’t Noordende); no related-party transactions involving Ms. Pipes are disclosed.

Expertise & Qualifications

Financial and accounting expertise, including CFO experience at Deloitte Consulting; designated “audit committee financial expert.”
Public company governance experience across multiple sectors.
Education: B.A. Business Economics (UCLA); MBA (UCLA).

Equity Ownership

Measure	Value
Total beneficial ownership (shares)	4,946
Percent of class	<1% (“*”)
Included RSUs settling within 60 days of Jan 6, 2025	1,789 shares counted toward beneficial ownership
Unvested RSUs outstanding as of Sep 30, 2024	1,789

Director stock ownership guidelines and compliance:

Requirement	Ms. Pipes
Guideline	5x annual cash retainer
Actual (as of Oct 1, 2024)	4.4x; five-year transition period ends Oct 2027

Governance Assessment

Strengths: Independent Audit Chair with audit financial expert designation; perfect attendance in FY2024; robust equity ownership trending toward guideline compliance within the transition period; strong finance background enhances audit oversight quality.
Alignment: Receives a balanced mix of fixed cash and time-vested RSUs; eligible for deferral elections, supporting long-term alignment.
Board effectiveness: Executive sessions at every Board/committee meeting; annual external-facilitated Board self-assessment; independent-only committee composition.
Potential concerns/monitoring:
- Combined Chair/CEO structure starting 2025 raises standard independence considerations; mitigated by Lead Independent Director and independent committee chairs.
- Multiple external public boards may elevate time-demand risk; however, no engagement issues are evidenced by 100% attendance.
RED FLAGS: None disclosed regarding Ms. Pipes for related-party transactions, pledging/hedging, attendance shortfalls, or director pay anomalies.