Katie Jones
About Katie Jones
Katie Jones is the Controller of ArrowMark Financial Corp. (BANX) and was appointed in March 2025; she is 40 years old and serves at the pleasure of the Board . Her recent background includes serving as Chief Financial Officer and Treasurer of Meridian Funds and Director of Operations at ArrowMark Colorado Holdings, LLC . As of the April 22, 2025 record date, she reported “None” for her dollar range of equity securities in BANX, indicating no disclosed beneficial ownership in the company . BANX’s structure as an investment company results in executive officers receiving no compensation from the Company (compensation is handled via service providers/adviser) .
Past Roles
| Organization | Role | Years | Strategic Impact |
|---|---|---|---|
| Meridian Funds | Chief Financial Officer and Treasurer | Past five years (per proxy disclosure format) | Led fund financial management and treasury functions supporting governance and reporting rigor |
| ArrowMark Colorado Holdings, LLC | Director of Operations | Past five years (per proxy disclosure format) | Oversaw operational processes for adviser-affiliate, supporting BANX service provider execution |
External Roles
| Organization | Role | Years | Strategic Impact |
|---|---|---|---|
| Meridian Funds | Chief Financial Officer and Treasurer | Past five years (per proxy disclosure format) | Financial leadership across fund operations aligned with investment company best practices |
| ArrowMark Colorado Holdings, LLC | Director of Operations | Past five years (per proxy disclosure format) | Operational oversight within adviser affiliate, ensuring compliance and efficiency |
Fixed Compensation
No officers of ArrowMark Financial Corp. received compensation from the Company for the fiscal year ended December 31, 2024 .
| Component | FY 2024 Company-Paid Amount | Notes |
|---|---|---|
| Base Salary | $0 | Executive officers are not compensated by BANX; compensation handled by service providers/adviser |
| Target Bonus | $0 | No company-paid variable cash compensation to officers |
| Actual Bonus | $0 | No company-paid cash bonuses |
| Stock Awards (RSUs/PSUs) | $0 | No company equity awards to officers |
| Option Awards | $0 | No company option grants to officers |
| Perquisites | $0 | No company-paid perquisites to officers |
Performance Compensation
Because BANX does not pay its officers, no company-administered performance-based incentive plan (cash or equity) applies to Katie Jones (no metrics, targets, payouts, or vesting schedules disclosed) .
Equity Ownership & Alignment
| Metric | As of Record Date | Detail |
|---|---|---|
| Record Date | April 22, 2025 | 7,126,812 shares outstanding |
| Katie Jones – Dollar Range of Equity Securities Owned | April 22, 2025 | None |
| Directors and Executive Officers as a Group – Ownership of Common Stock | April 22, 2025 | Approximately 0.71% of outstanding Common Stock (group) |
| Shares Pledged as Collateral | Not disclosed | No pledging disclosure found in proxy |
| Stock Ownership Guidelines (Officer) | Not disclosed | No ownership guideline disclosure found for officers in proxy |
Employment Terms
| Term | Detail |
|---|---|
| Title | Controller |
| Start Date | Since March 2025 |
| Age | 40 |
| Election/Term | Elected by, and serves at the pleasure of, the Board |
| Business Address | c/o ArrowMark Financial Corp., 100 Fillmore Street, Suite 325, Denver, CO 80206 |
| Employment Contract, Severance, Change-of-Control | Not disclosed in proxy; officers are not compensated by the Company |
| Non-compete/Non-solicit/Garden Leave | Not disclosed in proxy |
Investment Implications
- Alignment: With no disclosed BANX share ownership and no company-paid compensation, direct pay-for-performance alignment at the issuer level is minimal; alignment likely occurs via the adviser’s compensation structures rather than BANX equity or cash programs .
- Insider selling pressure: No ownership reported (“None”), so near-term selling pressure from Katie Jones is negligible from an issuer-level perspective .
- Retention risk: Her employment and compensation appear tied to adviser-affiliate roles (Meridian Funds, ArrowMark Colorado Holdings), suggesting retention and incentives are more influenced by external service provider arrangements than BANX-specific programs .
- Governance context: She is a newly appointed Controller within an investment company structure where day-to-day management is performed by service providers; the Board’s audit committee engages directly with the CFO and independent auditor, framing her role within robust oversight processes .