Anne T. DelSanto
ADVANCED ENERGY INDUSTRIESAbout Anne T. DelSanto
Anne T. DelSanto (age 61) is an independent director of Advanced Energy Industries, Inc. (AEIS) since 2020. She is a veteran technology executive with three decades of go-to-market and platform leadership experience, including EVP & GM Platform at Salesforce, senior roles at Oracle, and early career systems engineering at IBM. She holds a B.A. in mathematics from St. John’s University and an M.S. in administrative studies from Boston College .
Past Roles
| Organization | Role | Tenure | Committees/Impact |
|---|---|---|---|
| Salesforce, Inc. (CRM) | EVP & GM, Platform; other senior leadership roles | Feb 2018–Apr 2019; prior 6 years | Scaled platform; data center/telecom market insight |
| Oracle Corp. (ORCL) | Group VP, Sales Engineering | Not disclosed | Enterprise sales engineering leadership |
| IBM (IBM) | Account Systems Engineer (healthcare solutions) | Not disclosed | Technical solutions development |
External Roles
| Organization | Role | Public/Private | Committees (if disclosed) |
|---|---|---|---|
| Juniper Networks, Inc. (JNPR) | Director | Public | Not disclosed |
| Axonius | Director | Private | Not disclosed |
| StackAdapt | Director | Private | Not disclosed |
| Hubbl Technologies | Director | Private | Not disclosed |
| Operator Collective | Limited Partner | Private (VC) | N/A |
| Stage 2 Capital | Limited Partner | Private (VC) | N/A |
Board Governance
- Independence: The Board determined DelSanto (and all nominees other than the CEO) to be independent under Nasdaq rules; no material relationships impairing independence, and no family relationships among directors or executives .
- Committee assignments: Compensation Committee (member); Nominating, Governance & Sustainability Committee (member) .
- Attendance and engagement: In 2024 the Board met 8 times; independent directors held 4 executive sessions; each director attended above 75% of aggregate Board and committee meetings. All nominees (including DelSanto) attended the April 25, 2024 annual meeting in person or by telephone .
- Committee cadence: Audit & Finance (11 meetings), Compensation (5), Nominating, Governance & Sustainability (4). DelSanto serves on Compensation and NGS (not Audit) .
- Governance practices: Separate Chair/CEO roles; robust stock ownership guidelines; annual director elections; regular evaluations; executive sessions; no hedging/pledging; no poison pill; no director interlocks .
Fixed Compensation
| Component | Policy/Rate | 2024 Amount (DelSanto) |
|---|---|---|
| Annual Board cash retainer | $60,000 (paid quarterly) | $60,000 |
| Committee member retainer – Compensation | $10,000 | $10,000 |
| Committee member retainer – Nominating, Governance & Sustainability | $5,000 | $5,000 |
| Total cash | Sum of above | $75,000 |
Notes:
- No meeting fees disclosed; chair fees apply only to committee chairs (not applicable to DelSanto) .
Performance Compensation
- Directors receive annual equity retainer in RSUs; no options or PSUs for directors in 2024 .
- Stock ownership guidelines: Non-employee directors must hold AEIS stock valued at ≥ 5x annual Board retainer; five-year phase-in. All non-employee directors either conform or are on track .
| Equity Element | Grant Date | Shares | Fair Value | Vesting |
|---|---|---|---|---|
| RSU (annual director grant) | May 3, 2024 | 2,093 | $205,093 | 100% on May 3, 2025 |
Additional details:
- Closing price on grant date was $97.99; RSUs granted were the only outstanding unvested director equity as of 12/31/2024 .
- Anti-hedging and anti-pledging policies apply to directors .
Other Directorships & Interlocks
- Current public company board: Juniper Networks (JNPR) .
- Company discloses there are no interlocking relationships among directors (a common red flag in compensation committee interlocks) .
- Audit & Finance Committee reviews and approves all related-party transactions .
Expertise & Qualifications
- Senior leadership, public board, global and technical expertise; financial acumen highlighted in Board skills matrix and nominee bio .
- Provides valuable insight for AEIS in data center computing and telecom networking growth strategies .
Equity Ownership
| Holder | Shares Beneficially Owned | % of Outstanding | Notes |
|---|---|---|---|
| Anne T. DelSanto | 6,721 | <1% | Address: AEIS HQ; excludes future director grants; unvested May 3, 2024 RSUs vest in 2025 |
Stock Ownership Alignment:
- Director stock ownership guideline: ≥ 5x annual Board retainer; directors in compliance or on track .
- Anti-hedging/anti-pledging: Prohibited for directors .
Governance Assessment
- Committee coverage and independence: DelSanto serves on two key governance-linked committees (Compensation; Nominating, Governance & Sustainability), supporting oversight of pay, succession, governance practices, and ESG—positive for board effectiveness .
- Engagement: Board and committee meeting attendance above 75% and annual meeting participation indicate active involvement—supports investor confidence .
- Pay-for-performance context: While director pay is fixed + time-based RSUs (standard market practice), AEIS uses an independent consultant (Compensia) to benchmark and adjust director compensation—reduces pay inflation risk and enhances governance quality .
- Ownership alignment: Strong director ownership requirements (5x retainer) and anti-hedging/pledging strengthen alignment and reduce risk signals; DelSanto’s beneficial holdings and RSU grants reinforce skin-in-the-game .
- Related-party/conflicts: No legal proceedings disclosed; audit oversight of related-party transactions; no interlocking relationships—no conflict red flags identified for DelSanto .
RED FLAGS
- None identified in AEIS disclosures for DelSanto: no attendance issues, no hedging/pledging, no related-party transactions, and no interlocks disclosed .
Shareholder Signals
- Say-on-pay support at 2024 Annual Meeting exceeded 99%, evidencing broad investor support for AEIS compensation governance; Compensation Committee remained consistent with program design—positive governance signal .