Nicole Parent Haughey
AllegionAbout Nicole Parent Haughey
Independent non-employee director of Allegion plc; age 53 as of April 1, 2025; director since 2017 with 7.8 years of service through the 2025 AGM. Background spans COO roles (Island Creek Oysters; Mimeo.com), corporate strategy at United Technologies, equity research leadership at Credit Suisse, and founder/CEO of Halsey Loganberry Growth Advisors, indicating deep capital allocation, industrial, and financial markets expertise . She is independent under NYSE standards and Allegion’s Corporate Governance Guidelines .
Past Roles
| Organization | Role | Tenure | Committees/Impact |
|---|---|---|---|
| Halsey Loganberry Growth Advisors, LLC | Founder & CEO | 2023–present | Growth strategies; business optimization; succession planning |
| Island Creek Oysters | Chief Operating Officer | 2020–2021 | B2C/B2B portfolio operations; cannery and shellfish farm execution |
| Mimeo.com | Chief Operating Officer | 2016–2018 | Content mgmt/distribution operations; secure digital shift |
| United Technologies Company | VP, Corporate Strategy & Business Development | 2013–2015 | Shaping M&A; long-term growth strategy in global manufacturing |
| Vertical Research Partners, LLC | Managing Partner & Co-Founder | 2009–2013 | Equity research firm leadership; industrial sector insight |
| Credit Suisse | Managing Director & Global Sector Head | 2005–2009 | Nearly two decades equity research analyst experience; investment community knowledge |
External Roles
| Organization | Role | Status | Committees/Notes |
|---|---|---|---|
| Altra Industrial Motion Corp. (formerly NASDAQ: AIMC) | Director | Prior public company directorship | Not specified in 2025 proxy |
Board Governance
- Committee assignments: Audit and Finance; Compensation and Human Capital; Corporate Governance and Nominating; not a committee chair in 2025 .
- Independence: Director is independent under NYSE and Company guidelines; all committee members are independent .
- Attendance and engagement: Each director attended at least 87% of Board meetings and 100% of committee meetings served during 2024; Board held 8 meetings, Audit & Finance 14, Compensation 5, Corporate Governance 5 .
- Executive sessions: Independent directors meet in executive session generally at each Board and committee meeting .
- Leadership: Board chair role is independent (Lauren Peters), separate from CEO .
- Time-commitment guardrails: Non-employee directors limited to no more than three other public boards; added disclosure expectations for any change affecting ability to serve .
| Committee | Member | Chair Role |
|---|---|---|
| Audit & Finance | Yes | No |
| Compensation & Human Capital | Yes | No |
| Corporate Governance & Nominating | Yes | No |
Fixed Compensation
| Component | Program Terms | 2024 Amount (Nicole) |
|---|---|---|
| Annual cash retainer | $150,000; payable quarterly | $150,000 |
| Chair retainers (if applicable) | $25,000 (Audit Chair); $25,000 (Comp Chair); $15,000 (CG&N Chair; unless also serving as Non-Exec Chair) | N/A – not a chair |
| Special meeting/planning fees | $1,500 per special meeting/session | Not separately disclosed for Nicole |
| All other compensation | Dividend equivalents and Irish tax prep; Director Product Program up to $2,000/year | $3,418 (dividends + Irish tax prep) |
Performance Compensation
| Equity Type | Grant Mechanics | 2024 Detail | Vesting | Notes |
|---|---|---|---|---|
| RSUs (annual grant) | $130,000 grant value (directors); vests after 1 year while on Board | RSU grant date June 6, 2024; grant date fair value $130,053 | One year; continued Board service required | Dividend equivalents accrue and paid upon vesting |
| RSUs outstanding 12/31/2024 | Unvested units held at year-end | 1,105 unvested RSUs | Vests on 1-year schedule if serving | Time-based; no performance metrics tied to director equity |
No stock options or PSU awards are disclosed for non-employee directors; director equity is time-based RSUs tied to service, not performance metrics .
Other Directorships & Interlocks
| Company | Relationship to Allegion | Potential Interlock/Conflict |
|---|---|---|
| Altra Industrial Motion Corp. (prior) | Unrelated industrial manufacturer | None disclosed; no related person transactions >$120,000 since 1/1/2024 |
Expertise & Qualifications
- Skills matrix: Innovation/Technology; Industrial/Manufacturing; Capital Allocation; Strategy/M&A; Human Capital Management; Business Leadership/Operations; Financial Services/Financial Expertise .
- Career credentials: Former COO (technology and aquaculture); VP Corporate Strategy at a Fortune 50 manufacturer; equity research managing director and sector head; founder/CEO of growth advisory firm .
- Age and tenure: 53; 7.8 years on Board through 2025 AGM .
Equity Ownership
| Item | Amount | Notes |
|---|---|---|
| Ordinary shares beneficially owned | 5,348 shares (as of March 14, 2025) | <1% of outstanding (86,183,859 shares) |
| Unvested director RSUs | 1,105 units (as of 12/31/2024) | Vests 1 year post grant with continued service |
| Pledged shares | None; directors prohibited from pledging; no pledged holdings reported | |
| Hedging policy | Hedging prohibited for directors | |
| Ownership guideline (directors) | 3x annual cash retainer; must hold acquired shares until guideline met | |
| Compliance status | All non-employee directors in compliance or on track (12/31/2024) |
Governance Assessment
- Board effectiveness: Broad committee participation across Audit, Compensation, and Corporate Governance strengthens oversight; independent status and separation of Chair/CEO enhance checks and balances .
- Engagement signals: Perfect committee attendance and strong Board attendance indicate high engagement; regular executive sessions facilitate independent oversight .
- Alignment & incentives: Director stock ownership requirements (3x cash retainer) and annual RSU grants promote alignment; anti-hedging/anti-pledging policies reduce misalignment risk .
- Conflicts & related-party exposure: No related person transactions >$120,000 since 1/1/2024; Corporate Governance & Nominating Committee reviews conflicts and outside boards; time-commitment limits in place .
- Compensation governance: Independent compensation consultant (FW Cook) and clawback frameworks (NYSE 10D-compliant plus enhanced) bolster governance; 2024 Say-on-Pay approval ~85% indicates generally supportive investor sentiment .
RED FLAGS: None disclosed—no pledging, no related-party transactions, strong attendance; director equity is time-based RSUs (not performance-conditioned), which is standard for directors .