Christina M. Alvord
About Christina M. Alvord
Independent Class II director at Apogee Enterprises (APOG), age 58, serving since 2020. Background spans P&L leadership in building materials (Vulcan Materials) and senior operating roles in GE Aviation; she brings executive leadership, manufacturing/operations, construction industry experience, M&A, financial management, ERM, strategy, and leadership development to the board. Tenure listed as ~5 years, and she is classified as independent; she serves on the Audit and Nominating & Corporate Governance Committees. Public company directorships include Albany International Corp. (since 2022) and Piedmont Lithium (since 2023) .
Past Roles
| Organization | Role | Tenure | Committees/Impact |
|---|---|---|---|
| Vulcan Materials Company | President, Central Division | 2019–2021 | Led divisional operations in aggregates-based construction materials |
| Vulcan Materials Company | President, Southern & Gulf Coast and Central Divisions | 2017–2021 | Multi-division leadership spanning regional operations |
| Vulcan Materials Company | Vice President, Performance Management | 2016–2017 | Enterprise performance management initiatives |
| GE Aviation – Unison Industries | President | 2005–2009 | Led Unison business within GE Aviation |
| GE Aviation – Middle River Aircraft Systems | President | 2003–2005 | Led Middle River Aircraft Systems unit |
| GE Aviation | General Manager, Turbine Airfoils Center of Excellence | 2010–2012 | Oversaw manufacturing excellence center |
| GE Aviation | General Manager, Engine Component Repair | 2012–2015 | Led repair operations |
| GE Aviation | Government Relations Executive | 2009–2010 | External affairs for aviation business |
| GE Corporate Initiatives Group; McKinsey & Company | Various management roles | Earlier career | Strategy/operations background |
External Roles
| Organization | Role | Tenure | Notes |
|---|---|---|---|
| Albany International Corp. | Director | 2022–Present | Public company board service |
| Piedmont Lithium | Director | 2023–Present | Public company board service |
Board Governance
- Committee assignments: Audit Committee Member; Nominating & Corporate Governance Committee Member; not a chair; Audit Committee met 7 times in fiscal 2025; Nominating & Corporate Governance met 5 times .
- Independence: Board determined Alvord is independent; all members of Audit, Compensation, and Nominating & Corporate Governance Committees are independent .
- Attendance and engagement: Board met nine times; each director attended more than 75% of board and committee meetings; independent directors held executive sessions at each regular meeting; all continuing directors attended the 2024 annual meeting .
- Leadership structure: Independent Chair (Donald A. Nolan) since January 2020; attends committees ad hoc as liaison .
- Time-commitment policy: Non-employee directors generally limited to four other public boards; Alvord serves on two, within policy .
- Skills: Board matrix highlights her executive leadership, business operations, strategy, M&A, financial management, ERM, and construction/building products experience; listed tenure 5 years .
Fixed Compensation
| Component (Fiscal 2025) | Amount ($) | Notes |
|---|---|---|
| Board Member Annual Cash Retainer | 75,000 | Program retainer increased from $65,000 to $75,000 in FY25 |
| Audit Committee Member Retainer | 15,000 | Member retainer |
| Nominating & Corporate Governance Member Retainer | 10,000 | Member retainer |
| Total Fees Earned or Paid in Cash (Alvord) | 100,000 | Reported FY25 cash fees |
| Charitable Match (Program max) | 2,000 | Program; Alvord used $2,000 in FY25 |
- Dividend-equivalent and other amounts FY25 (Alvord): dividends paid or accrued on restricted stock $2,485; dividend equivalents on deferred RSUs $6,842; charitable match $2,000; Total “All Other Compensation” $11,327 .
- Anti-hedging/anti-pledging: Directors prohibited from hedging and pledging company stock .
Performance Compensation
| Equity Element (FY25) | Shares/Units | Fair Value ($) | Grant Date | Vesting | Notes |
|---|---|---|---|---|---|
| Annual Director Equity Grant (non-Chair) | 1,893 | 114,981 | June 20, 2024 | 3 equal annual installments | Standard annual grant for non-employee directors; dividends accrue and are paid only upon vesting |
| Deferred Restricted Stock Units (Aggregate as of 3/1/25) | 7,278 | — | Various | Payout at fixed date/age 70/retirement; shares on payout | Alvord elected deferrals under the 2019 Director Stock Plan deferral program |
- Annual equity program targets mid-50th percentile versus peer group; directors can elect to defer equity into DSUs with dividend equivalents credited and equity payout on distribution .
- No stock options are granted; director equity awards are time-based, not performance-based .
Other Directorships & Interlocks
- Current: Albany International (since 2022) and Piedmont Lithium (since 2023) .
- Related-party transactions: Company reported no related party transactions involving directors or immediate family for FY25 .
- Consultant conflicts: Compensation Committee’s consultant (WTW) deemed independent; incidental brokerage services < $120k and <1% of WTW revenue; no personal relationships; no Company stock ownership by consultants .
Expertise & Qualifications
- Executive leadership; manufacturing operations; business operations; M&A; financial management; ERM; construction industry; strategy development & execution; leadership development .
- Public company board experience at two companies .
Equity Ownership
| Holder | Beneficial Ownership (#) | Percent of Class | Notes |
|---|---|---|---|
| Christina M. Alvord | 9,113 | <1% | Shares not subject to pledge; directors counted at <1% individually |
| APOG Shares Outstanding (as of 4/28/2025) | 21,573,126 | — | For context/reference |
| Alvord Deferred RSUs (Aggregate as of 3/1/25) | 7,278 | — | Deferred under director plans |
- Stock ownership guidelines: Non-employee directors must hold 4× annual board retainer; all non-employee directors exceeded guidelines as of 2/28/25 .
- Anti-hedging/anti-pledging policy applies to directors; no pledging permitted .
Governance Assessment
- Strengths: Independent director with relevant industry/operations experience; active committee service (Audit and Nominating & Corporate Governance); strong attendance and executive-session participation; compliance with stock ownership guidelines; anti-hedging/anti-pledging policy; no related party transactions reported; Say-on-Pay passed with 97.12% support in 2024, signaling investor alignment .
- Compensation structure: FY25 board cash retainer increased to maintain market-competitive levels; equity grants are time-based and align interests via multi-year vesting; ability to defer equity supports long-term alignment .
- Potential risks/RED FLAGS: External board service at two public companies (within policy limit of ≤4); no Section 16 delinquency noted for her; no pledging or related-party exposure disclosed for FY25 .
Compensation Peer Group (Benchmarking context)
| Peer Group Companies (FY25) |
|---|
| American Woodmark; Armstrong World Industries; AZZ; Eagle Materials; EnPro; Gibraltar Industries; Graco; Griffon; H.B. Fuller; Insteel Industries; Masonite International; PGT Innovations; Quaker Chemical; Quanex Building Products; Tennant |
Say-on-Pay & Shareholder Feedback
- 2024 Say-on-Pay approval: 97.12% of votes cast supported executive compensation; no program changes were made in response; Committee considers future votes in decisions .
Notes on Independence, Attendance, and Engagement
- Independence affirmed annually under Nasdaq/SEC standards; Alvord deemed independent .
- Board met nine times; directors attended >75% of board/committee meetings; independent directors held executive sessions at each regular meeting; directors attended the annual meeting .
- Active shareholder engagement program with feedback shared regularly with the Board .
Related Party Transactions and Policies
- No related party transactions in FY25; robust Related Person Transactions Policy and Conflict of Interest Policy; reporting to CLO and Nominating & Corporate Governance Chair .
- Insider Trading Policy prohibits trading on MNPI, tipping, short selling, hedging, and pledging; pre-clearance required for directors; 10b5-1 plans permitted under policy .
- Clawback policy (adopted Oct 2023) compliant with SEC/Nasdaq; applies to incentive compensation awarded on/after Oct 2, 2023 .
Director Compensation (FY25 summary)
| Name | Fees Earned/Paid in Cash ($) | Stock Awards ($) | All Other Compensation ($) | Total ($) |
|---|---|---|---|---|
| Christina M. Alvord | 100,000 | 114,981 | 11,327 | 226,308 |
- Program design: cash retainers for board/committee roles; equity grants targeted ~50th percentile; optional deferral plans; charitable match up to $2,000 per year .
Board Committee Memberships (FY25)
| Director | Audit | Compensation | Nominating & Corporate Governance | Fiscal 2025 Meetings |
|---|---|---|---|---|
| Christina M. Alvord | Member | — | Member | Audit: 7; Comp: 6; N&CG: 5 |
Closing Outlook for Investors
- Alvord’s profile suggests effective oversight on financial reporting and governance with industry-relevant operating experience, low conflict risk, and visible ownership alignment. Programmatic safeguards (ownership guidelines, hedging/pledging prohibitions, clawbacks) and strong investor support on say-on-pay underpin confidence in board effectiveness and alignment .