Todd Snyder
Amplify EnergyAbout Todd R. Snyder
Independent director of Amplify Energy Corp.; age 62 as of May 23, 2025; director since October 2016 with deep restructuring advisory and legal background. He is Audit Committee Chair, a member of the Compensation Committee and Nominating & Governance Committee, and is designated as the Audit Committee financial expert by the Board. Education: B.A., Wesleyan University; J.D., University of Pennsylvania Law School; current role: Managing Director and Global Head of the Piper Sandler restructuring group, TRS Advisors (since 2017). The Board affirms his independence under NYSE standards.
Past Roles
| Organization | Role | Tenure | Committees/Impact |
|---|---|---|---|
| Piper Sandler (TRS Advisors) | Managing Director & Global Head, Restructuring | Since 2017 (disclosed) | Leads restructuring advisory group; extensive financial transaction experience |
| TRS Advisors | Chief Executive Officer | Not disclosed | Senior leadership in restructuring advisory |
| Rothschild & Co. | Executive Vice Chairman; Co-Head, North American Restructuring Advisory | Not disclosed | Led complex restructuring mandates |
| Peter J. Solomon Company | Managing Director, Restructuring & Reorganization | Not disclosed | Corporate recovery advisory |
| KPMG Peat Marwick | Managing Director; National Director, Corporate Recovery (gov’t enterprises) | Not disclosed | Turnaround/corporate recovery leadership |
| Weil, Gotshal & Manges LLP | Attorney, Business Reorganization | Not disclosed | Legal foundation in business reorganization |
| NY State Gaming Commission | Commissioner | Not disclosed | Public oversight role |
| NY State Financial Restructuring Board for Local Governments | Member | Not disclosed | Public sector restructuring oversight |
External Roles
| Organization | Role | Tenure | Notes |
|---|---|---|---|
| Bowery Residents Committee (BRC) | Trustee | Not disclosed | Non-profit service |
| Shining Hope for Communities | Trustee | Not disclosed | Non-profit service |
| GenCorp Inc. | Director (former) | Not disclosed | Prior public company directorship |
| AMC Financial, Inc. | Director (former) | Not disclosed | Prior public company directorship |
| Eco-Stim Energy Solutions | Director (former) | Not disclosed | Prior public company directorship |
Board Governance
- Board structure: Independent Chair (Christopher W. Hamm), separate from CEO; Lead Independent Director (Clint Coghill) appointed May 16, 2025.
- Independence: Board determined Snyder is independent under NYSE standards; also independent for Audit and Compensation Committee membership standards.
- Committee memberships and chair roles (current → post-Annual Meeting expectation): Snyder chairs Audit; sits on Compensation and Nominating & Governance.
| Committee | 2024 Members | Meetings (2024) | Post-2025 Annual Meeting Expected Members |
|---|---|---|---|
| Audit | Snyder (Chair); Douglas; Prasad | 4 | Snyder (Chair); Hamm; Adams |
| Compensation | Craddock (Chair); Coghill; Snyder; Adams | 5 | Hamm (Chair); Coghill; Snyder; Adams |
| Nominating & Governance | Adams (Chair); Douglas; Prasad; Craddock | 4 | Adams (Chair); Hamm; Snyder |
- Financial expert: Board designated Snyder as the Audit Committee financial expert (SEC definition).
- Board activity and attendance: Board held 9 meetings in 2024; all directors then in office attended at least 75% of aggregate Board and applicable committee meetings; all directors attended the 2024 Annual Meeting.
- Anti-hedging/pledging and ownership guidelines: Company prohibits directors from hedging or pledging company stock; non-employee directors must hold shares equal to 4x annual cash retainer and retain 60% of cumulative grants until compliant; directors are in compliance or expected to be within the transition period.
Fixed Compensation (Director)
| Component | FY 2024 Amount | Notes |
|---|---|---|
| Annual cash retainer | $75,000 | Policy standard for non-employee directors |
| Committee chair fee (Audit) | $25,000 | Policy chair fee; Audit chair in 2024 |
| Total cash fees paid (Snyder) | $100,000 | As disclosed in Director Compensation Table |
Performance Compensation (Director)
| Component | FY 2024 Amount | Instrument | Vesting |
|---|---|---|---|
| Stock awards (grant-date fair value) | $132,149 | RSUs | RSUs vest after one year; Snyder held 19,665 unvested RSUs at 12/31/2024 that vest on July 1, 2025 |
| Performance metrics tied to director equity | None disclosed | — | Director RSUs are service-based only (no performance conditions) |
Other Directorships & Interlocks
- Current public company boards: None disclosed in Snyder’s biography.
- Prior public company boards: GenCorp Inc., AMC Financial, Inc., Eco-Stim Energy Solutions (former).
- Notable investor influence context: Cooperation Agreement added Coghill as Lead Independent Director and to Compensation Committee; not a Snyder interlock but relevant to Board composition.
Expertise & Qualifications
- Audit Committee financial expert; extensive restructuring advisory leadership across Piper Sandler/TRS Advisors, Rothschild, PJ Solomon, KPMG; prior legal practice at Weil Gotshal.
- Education: B.A. (Wesleyan University); J.D. (University of Pennsylvania Law School).
- Public sector governance roles: NY State Gaming Commission Commissioner; member of NY State Financial Restructuring Board for Local Governments.
Equity Ownership
| Metric | Value |
|---|---|
| Total beneficial ownership (shares) | 128,081 (includes 19,665 unvested RSUs vesting 7/1/2025) |
| Shares outstanding (record date) | 40,336,579 |
| Ownership as % of outstanding | ~0.317% (128,081 ÷ 40,336,579) |
| Unvested RSUs outstanding | 19,665 (vest 7/1/2025) |
| Hedging/Pledging | Prohibited for directors under Insider Trading Policy |
| Stock ownership guideline | 4x annual cash retainer; retain 60% of cumulative grants until compliant; compliance or expected within transition period |
Governance Assessment
- Strengths: Independent director with audit chairmanship and SEC-designated financial expert status; strong restructuring and legal pedigree supports oversight of financial reporting, risk, and capital structure.
- Alignment: Holds 128,081 shares with continuing RSU vesting; subject to stringent anti-hedging/pledging and ownership guidelines, indicating alignment with shareholders.
- Engagement: Board and committees were active in 2024; directors met attendance thresholds; audit and compensation committees met regularly, indicating ongoing oversight.
- Conflicts/Related-party: Company reports no related-party transactions >$120,000 since Jan 1, 2024; Compensation Committee interlocks/insider participation absent in 2024.
- Board structure: Separation of Chair and CEO, presence of Lead Independent Director, and independent committee chairs support robust oversight; ongoing board refresh reduces size to five for effectiveness.
RED FLAGS: None disclosed specific to Snyder (no related-party transactions or hedging/pledging; service-based RSUs rather than discretionary cash anomalies). Monitoring advisable for any future engagements between Amplify and Piper Sandler/TRS Advisors given Snyder’s role, although no such transactions are disclosed.