Roland Müller-Ineichen
About Roland Müller-Ineichen
Roland Müller-Ineichen, 64, has served on Altisource’s Board since 2009 and as Lead Independent Director since September 2020. A Swiss Certified Public Accountant, he is a former KPMG Switzerland/Europe LLP partner specializing in audits of banks and financial institutions; he completed a commercial and banking apprenticeship with UBS (1980) and holds a Business Commerce degree .
Past Roles
| Organization | Role | Tenure | Committees/Impact |
|---|---|---|---|
| KPMG Switzerland / KPMG Europe LLP | Partner; lead partner on audits of national/international banks, securities dealers, fund managers | Partner 1999–2008; at KPMG since 1995 (Senior Manager) | Provided audit expertise; financial services specialization |
| Swiss financial institutions | Audit and managerial roles | Pre-1995 | Built banking audit/management experience |
| UBS (apprenticeship) | Commercial/banking business apprenticeship | Completed 1980 | Foundational banking training |
External Roles
| Organization | Role | Tenure | Focus |
|---|---|---|---|
| ONE Swiss Bank SA | Director | Current (Geneva/Zürich/Lugano) | Advisory, asset and wealth management |
| SWA Swiss Auditors AG | Director | Current (Freienbach) | Auditing and consulting for financial institutions |
| Habib Bank Zurich AG | Director | Current (Zürich) | Corporate/personal/private/correspondent banking |
Board Governance
- Lead Independent Director; presides over independent director sessions, serves as liaison with Chair/CEO, and supports oversight of management .
- Committees (as of March 17, 2025): Audit (Chair) , Executive (Chair) , Compensation (member) , Nomination/Governance (member) , Compliance (member) .
- Independence: Board determined all directors except CEO are independent; Roland is independent .
- Attendance and engagement: Board met 14 times in 2024; each director attended at least 75% of Board and relevant committee meetings; independent directors held four executive sessions .
- Audit Committee cadence: met 10 times in 2024; held executive sessions with internal auditors (4), external auditors (4), and joint sessions (3) .
- Compensation Committee cadence: met 8 times in 2024 .
- Nom/Gov Committee cadence: met 4 times in 2024 .
Fixed Compensation
| Component (Non-Management Director) | 2024 Amount | Notes |
|---|---|---|
| Annual cash retainer | $54,000 | Standard for non-management directors |
| Audit Committee Chair fee | $25,000 | Paid to Audit Chair (Roland) |
| Compensation Committee member fee | $7,500 | For non-chair members |
| Compliance Committee member fee | $10,000 | For non-chair members |
| Nom/Gov Committee member fee | $5,000 | For non-chair members |
| Total cash fees earned (Roland) | $91,500 | Paid in USD then converted to EUR for payment; conversion detail provided |
Performance Compensation
| Service Year | RSUs/Shares | Award Value | Vesting/Condition |
|---|---|---|---|
| 2023–2024 | 28,037 shares | $48,180 (award-date fair value) | Vests end of service year if ≥75% Board/committee attendance |
| 2024–2025 | 65,574 shares (computed at $120,000 ÷ $1.83) | $120,000 (grant value framework) | Vests end of service year if ≥75% Board/committee attendance |
Directors also receive a one-time 500-share grant upon initial election, vesting in four equal installments across subsequent AGMs (not specific to Roland’s 2009 onboarding; policy detail) .
Other Directorships & Interlocks
| Company | Relationship to Altisource | Potential Interlock/Conflict |
|---|---|---|
| ONE Swiss Bank SA | External board role | Financial institution; no Altisource related-party transactions disclosed with this entity |
| SWA Swiss Auditors AG | External board role | Audit services firm; no disclosed transactions with Altisource |
| Habib Bank Zurich AG | External board role | Bank; no disclosed transactions with Altisource |
- Related-party exposure: Proxy discloses transactions with Aldridge|Pite (legal services; managed and approved by Audit Committee), not involving Roland; no related-person transactions disclosed for Roland .
Expertise & Qualifications
- Swiss CPA; qualifies as “audit committee financial expert” under SEC rules .
- Deep banking and financial services audit background; strategic and financial insight .
- Lead Independent Director since 2020 supporting board effectiveness and oversight .
- Long-tenured Altisource director; thorough understanding of business/industry .
Equity Ownership
| Holder | Shares Beneficially Owned | % of Outstanding | Notes |
|---|---|---|---|
| Roland Müller-Ineichen | 109,331 | <1% (*) | No pledging per Company policy; directors meet minimum ownership (≥3× cash retainer) |
Company policy prohibits pledging by directors and NEOs; no pledges reported for directors . Non-management directors must hold stock equal to 3× annual cash retainer; all directors meet guidelines .
Governance Assessment
- Board effectiveness: As Lead Independent Director, Audit Chair, and Executive Committee Chair, Roland is central to independent oversight and financial reporting integrity; Audit Committee’s robust cadence and executive sessions support strong controls and risk oversight .
- Independence/alignment: Independent status, equity-based director compensation with attendance-based vesting, and ownership guideline compliance signal alignment with shareholders .
- Potential conflicts: Multiple external financial institution boards could pose time-commitment risks; however, no related-party transactions involving Roland were disclosed, and the company enforces related person review via the Audit Committee .
- Attendance/engagement: Board and committees met frequently in 2024; directors required to meet ≥75% attendance to vest RSUs—an explicit engagement incentive that Roland is expected to meet to realize equity awards .
RED FLAGS: None disclosed specific to Roland. No hedging/pledging, no related-party transactions, and strong committee leadership reduce governance risk .