Monique Sanchez
AMRKAbout Monique Sanchez
Monique Sanchez (age 55) is an independent director of A-Mark Precious Metals (AMRK) since 2021 and serves as Chairperson of the Nominating and Corporate Governance Committee. She has over 30 years of corporate experience, including 22+ years in digital advertising; since 2008 she has held senior sales and business development roles at Google, most recently Director, Agency Sales Development; previously she held business development leadership roles at DoubleClick (acquired by Google in 2008). She holds a B.A. from Syracuse University and mentors in Google’s women’s mentor program . The Board has determined she is independent under Nasdaq rules .
Past Roles
| Organization | Role | Tenure | Committees/Impact |
|---|---|---|---|
| DoubleClick | Business development leadership roles | Eight years prior to 2008 | Leadership in ad tech business development (pre-Google acquisition) |
External Roles
| Organization | Role | Tenure | Scope/Impact |
|---|---|---|---|
| Senior sales and business development roles; currently Director, Agency Sales Development | Since 2008 | Leads an agency development team driving revenue across U.S. clients and agency holding companies; mentor in Google’s women’s mentor program |
Board Governance
- Committee assignments and roles:
- Nominating & Corporate Governance Committee – Chairperson (independent) .
- Special Committee (independent directors) for the SGI acquisition – Member; the special committee negotiated the transaction and recommended approval (mitigated related-party risks) .
- Independence: Board determined Sanchez is independent under Nasdaq rules .
- Attendance and engagement: The Board met 10 times in fiscal 2025; each director attended at least 75% of Board and committee meetings during their service period. All directors attended the November 2024 Annual Meeting .
Fixed Compensation (Director)
| Component | Amount (USD) | Notes |
|---|---|---|
| Annual Board cash retainer | $60,000 | Standard non-employee director retainer |
| Nominating & Corporate Governance Committee – Chair retainer | $5,000 | Chair retainer amount |
| Special Committee fee (SGI acquisition) | $100,000 | Paid to each member for non-recurring work; Chair of the committee received an additional $50,000 (Sanchez was a member) |
| Total fees earned (FY2025) | $170,000 | As reported in director compensation table for Sanchez |
| Meeting fees | — | No meeting fees are paid under the policy |
Performance Compensation (Director)
| Award Type | Units / Terms | Grant Reference | Vesting / Terms | Value |
|---|---|---|---|---|
| Annual RSU grant | 1,983 RSUs | Granted at the 2024 Annual Meeting to each independent director (Chair of the Board receives double); grant date is the day of the Annual Meeting | Vests one year from grant; dividend equivalents accrue in cash; settlement can be deferred per director election | $59,956 grant-date fair value (GAAP) |
| Stock Options (onboard grant) | 6,000 options | Granted when she joined the Board in March 2021 | Exercisable at $17.87 per share; vested one-third on March 19, 2022; one-third on March 19, 2023; and one-third on March 19, 2025 (now fully vested) | — |
Policy notes: No meeting fees; equity awards for directors are granted annually at the Annual Meeting with a target grant-date value of $60,000 (non-Chair) and $120,000 (Board Chair); RSUs vest in one year with dividend equivalents and optional deferral; accelerated vesting upon death, disability, Annual Meeting following grant, or change in control .
Other Directorships & Interlocks
| Category | Disclosed items |
|---|---|
| Current public company boards | None listed in AMRK’s proxy biography for Sanchez |
| Private/non-profit/academic boards | Not disclosed in AMRK’s proxy biography for Sanchez |
| Interlocks / potential conflicts | None disclosed; she is a Google executive—no related-party transactions with Google are disclosed. She served on the independent Special Committee that negotiated the SGI acquisition to mitigate conflicts involving other insiders/large holders |
Expertise & Qualifications
- Deep expertise in advertising technologies, sales, and business development; 22+ years in digital advertising (Google/DoubleClick) .
- Governance leadership evidenced by service as Chair of the Nominating & Corporate Governance Committee .
- Independence and Board engagement with at least 75% meeting attendance in FY2025 and participation in the Special Committee for a related-party-sensitive acquisition .
Equity Ownership
| Metric | Details |
|---|---|
| Total beneficial ownership | 17,151 shares (less than 1% of outstanding) |
| RSUs (vested vs unvested) | 11,151 RSUs included in beneficial ownership; of these, 9,168 are vested/non-forfeitable and 1,983 have a stated vesting date of November 13, 2025; settlement deferred post-vesting |
| Stock options (exercisable vs unexercisable) | 6,000 options are exercisable within 60 days; exercisable at $17.87 per share; granted at Board entry in March 2021 with vesting across 2022, 2023, 2025 |
| Shares outstanding (reference) | 24,644,386 shares outstanding as of September 18, 2025 |
| Hedging/Pledging | Hedging by officers and directors is prohibited under AMRK’s Insider Trading Policy |
Governance Assessment
- Board effectiveness and independence: Sanchez is independent under Nasdaq rules and chairs the Nominating & Corporate Governance Committee, signaling governance focus and oversight of Board composition and practices .
- Engagement: Met attendance threshold (≥75%) in FY2025; active in key non-routine work as a member of the Special Committee for the SGI acquisition, which addressed significant related-party considerations through an independent process .
- Alignment and incentives: Director pay uses a balanced cash/equity mix ($170,000 cash fees in FY2025 including a one-time Special Committee fee, plus ~$60,000 in RSUs), with annual RSUs vesting after one year and optional deferral, and legacy options granted at onboarding (now fully vested). No meeting fees; policy avoids option repricing and emphasizes straightforward director compensation .
- Conflicts/related-party exposure: No Sanchez-specific related-party transactions disclosed. The SGI merger had multiple insiders/large holders on the other side; use of an independent Special Committee (including Sanchez) and holdback/indemnity structures helped mitigate conflicts .
- Shareholder signals: Say‑on‑pay approval declined to 77.9% at the 2024 Annual Meeting (from 98.6% in 2023 and 97.3% in 2022), indicating some investor concern around executive pay; continued governance engagement remains prudent .
RED FLAGS: None material specific to Sanchez disclosed. Notably, the SGI transaction involved related parties, but was negotiated by an independent Special Committee (including Sanchez), which mitigates governance risk .