Douglas A. Alexander
AMKOR TECHNOLOGYAbout Douglas A. Alexander
Douglas A. Alexander, 63, has served as an independent director of Amkor Technology, Inc. since February 2018. He previously held senior leadership roles at Actua Corporation (formerly ICG Group), including Managing Director (from September 1997) and President (January 2009–December 2017). Alexander earned a B.S. in Electrical Engineering from the University of Pennsylvania and a B.S. in Economics from the Wharton School, and brings executive management, corporate governance, international business, finance, human capital, and technology expertise to Amkor’s board .
Past Roles
| Organization | Role | Tenure | Committees/Impact |
|---|---|---|---|
| Actua Corporation (ICG Group) | Managing Director | Sep 1997–Dec 2017 | Senior leadership in multi-vertical cloud tech; later President |
| Actua Corporation | President | Jan 2009–Dec 2017 | Led portfolio operations and exits |
| WiseWire Technologies | CEO | Not disclosed | Company acquired by Lycos; operating and exit experience |
| ICG Europe | CEO | Not disclosed | International leadership; strategy and operations |
| Traffic.com | CEO | Not disclosed | Company acquired by Navteq; execution to sale |
| Channel Intelligence | CEO | Not disclosed | Company acquired by Google; commercialization and exit |
External Roles
| Organization | Role | Tenure | Committees/Impact |
|---|---|---|---|
| GovDelivery | Director | Not disclosed | Board oversight at digital communications provider |
| Procurian | Director | Not disclosed | Board role at procurement solutions firm |
| Bolt | Director | Not disclosed | Board service; tech/growth exposure |
| SponsorHouse, Inc. d/b/a Hookit | Director | Not disclosed | Sports marketing data platform; board oversight |
| UPenn Management & Technology Executive Board | Member; former Chairman | Current member; prior Chair | University governance and STEM-business integration |
Board Governance
- Committee assignments: Member, Nominating & Governance Committee; not a chair. 2024 members: Churchill (Chair), Alexander, Carolin, Tily; committee met five times in 2024 .
- Independence: Determined independent under Nasdaq and SEC rules .
- Board meeting attendance: Board met six times in 2024; all directors attended at least 75% of Board and applicable committee meetings .
- Annual meeting attendance: All but one director attended the 2024 annual meeting; directors encouraged but not required to attend .
- Lead Independent Director: Winston J. Churchill serves as Lead Independent Director; non-employee directors hold regular executive sessions .
Fixed Compensation
| Component | 2023 | 2024 |
|---|---|---|
| Fees Earned or Paid in Cash ($) | $100,000 | $81,250 |
| Stock Awards ($) | $184,990 | $194,972 |
| Total ($) | $284,990 | $276,222 |
Director cash compensation structure (as of Dec 31, 2024):
- Annual Board retainer: $85,000; Lead Independent Director: $30,000; Chairman: $150,000; Strategic Oversight Role: $75,000; Audit Chair: $25,000; Compensation Chair: $15,000; Nominating & Governance Chair: $10,000; Audit member (incl. Chair): $12,000; Compensation member (incl. Chair): $10,000; Nominating & Governance member (incl. Chair): $7,500 .
- Structural change vs. 2023: 2023 included per-meeting fees ($2,000 regular; $1,000 other), indicating a shift to heavier fixed retainers in 2024 .
Performance Compensation
| Equity Component | Grant Value | Vesting | Dividend Equivalents |
|---|---|---|---|
| Annual RSU grant (non-employee director) | ~$195,000 fair value on grant date (rounded to whole shares) | Vests in full on the earlier of first anniversary of grant or next annual meeting | DEUs accrue on cash dividends; DEUs vest on same schedule as underlying RSUs |
- Non-employee directors do not receive performance-based equity (e.g., PSUs); RSUs are time-vested. Anti-hedging and anti-pledging policies prohibit derivatives and pledging of company stock; clawback policy applies to executive incentive-based pay (not directors) .
Other Directorships & Interlocks
| Company | Type | Relationship to Amkor |
|---|---|---|
| GovDelivery | Prior board | No related-party transactions disclosed with Amkor |
| Procurian | Prior board | No related-party transactions disclosed with Amkor |
| Bolt | Prior board | No related-party transactions disclosed with Amkor |
| SponsorHouse/Hookit | Prior board | No related-party transactions disclosed with Amkor |
- Related-party transactions: None requiring disclosure since Jan 1, 2024 .
- Compensation Committee interlocks: None; no insider participation in 2024 .
Expertise & Qualifications
- Board-identified skills: Executive management; corporate governance; international business; finance; human capital management; technology .
- Education: B.S. Electrical Engineering (UPenn); B.S. Economics (Wharton) .
Equity Ownership
| Holder | Shares Beneficially Owned | Ownership % | Notable Details |
|---|---|---|---|
| Douglas A. Alexander | 131,615 | * (less than 1%) | Includes 84,657 options exercisable within 60 days; 5,991 RSUs/DEUs vesting within 60 days; 17,875 RSUs/DEUs deferred until board departure or change-in-control |
- Stock ownership guidelines: Non-employee directors must hold stock equal to 5x annual cash retainer; compliance required within 5 years; all non-employee directors were in compliance or met minimums as of Dec 31, 2024 .
- Anti-pledging: Company prohibits pledging and margin accounts for directors .
Governance Assessment
- Independence and engagement: Alexander is independent and serves on Nominating & Governance; board and committee attendance thresholds met; committee met five times in 2024 (down from eight in 2023, suggesting efficiency or cadence change) .
- Alignment: Mix of cash retainer and annual RSUs with one-year vesting aligns director incentives with shareholder interests; compliance with 5x ownership guideline supports skin-in-the-game .
- Conflicts: No related-party transactions disclosed involving Alexander; anti-hedging/pledging policies reduce alignment risks .
- Structural governance risk context: The Kim Family Group holds ~53.6% of outstanding shares, concentrating voting control; independent directors, including Alexander, operate within this ownership structure .
- RED FLAGS: None identified specific to Alexander—no pledging, no related-party transactions, no Section 16(a) delinquencies noted (only Mr. Liu had a timely filed exception) .
- Compensation structure signals: 2024 policy emphasizes fixed retainers over meeting fees (vs. 2023), with stable equity grant values; no discretionary bonuses or option repricings for directors disclosed .