David G. Hall
About David G. Hall
Independent director since December 2018; age 66 as of the 2025 Annual Meeting. Former CEO and board member of Genuit Group PLC (formerly Polypipe) from 2005 to 2017, where he led a management buyout and subsequent acquisitions/disposals, took the company public in 2014, and achieved FTSE 250 status in 2016. Mechanical engineering B.Sc. from Kingston University; more than 20 years in building products and prior leadership roles including President of the British Plastics Federation and Vice Chairman of the Construction Products Association.
Past Roles
| Organization | Role | Tenure | Committees/Impact |
|---|---|---|---|
| Genuit Group PLC (LON: GEN) | Chief Executive Officer; Board member | Sep 2005–Oct 2017 | Led MBO (2005), repositioned portfolio, IPO (Apr 2014), FTSE 250 (Jan 2016) |
| Industrea Acquisition Corp. | Director | Jul 2017–Dec 2018 | Predecessor SPAC role before BBCP combination |
| British Plastics Federation | President | Not specified | Industry leadership role |
| Construction Products Association | Vice Chairman | Not specified | Industry advocacy leadership |
External Roles
| Organization | Role | Start Date | Status/Notes | Interlock |
|---|---|---|---|---|
| Brintons Carpets Limited | Non-Executive Director | Feb 2018 | Ongoing | Yes – Howard D. Morgan also a director |
| Rocky Holdco Ltd. (Aspen Pumps holding co.) | Chairman | Oct 2020 | Ongoing | None disclosed |
| Bulb Topco Ltd. (Energy Saving Lighting holding co.) | Chairman | Oct 2021 | Ongoing | None disclosed |
Board Governance
- Committee assignments: Member, Corporate Governance and Nominating Committee; chaired by Howard D. Morgan. Not a chair of any committee.
- Independence: Board determined Hall is independent under Nasdaq rules.
- Years of service: Director since December 2018; Class I director standing for election at the 2025 Annual Meeting.
- Executive sessions: Independent directors (and all committees of independent directors) meet in executive session during each regularly scheduled board or committee meeting.
| Board Activity | FY2024 |
|---|---|
| Board meetings (count) | 7 |
| Audit Committee meetings | 4 |
| Compensation Committee meetings | 4 |
| Corporate Governance & Nominating Committee meetings | 1 |
| Attendance threshold met (directors ≥75%) | Yes (all directors) |
| Directors attending 2024 Annual Meeting | 9 |
Fixed Compensation
BBCP pays non-employee directors a flat cash retainer; no meeting fees or equity grants to directors. Chair, Vice Chair, and Audit Chair receive additional $50,000. Hall is not a chair.
| Component | FY2023 | FY2024 |
|---|---|---|
| Fees Earned or Paid in Cash (David G. Hall) | $112,000 | $112,000 |
| Total (David G. Hall) | $112,000 | $112,000 |
Performance Compensation
Non-employee directors do not receive performance-based compensation, stock awards, or options.
| Component | FY2023 | FY2024 | Notes |
|---|---|---|---|
| Equity awards (RSUs/PSUs) | None | None | Director pay is cash-only; “no other material arrangements” |
| Option awards | None | None | Not part of director compensation |
| Committee chair fees (Hall) | N/A | N/A | Hall is not a chair |
BBCP’s hedging/pledging policy prohibits directors, officers and employees from hedging, holding in margin accounts, or pledging Company securities, which supports alignment and risk controls.
Other Directorships & Interlocks
- Brintons Carpets Limited: Hall (non-executive director) and BBCP Chair Howard D. Morgan both serve on this board, indicating a network interlock.
- No disclosed related-party transactions involving Hall; related-party items disclosed pertain to other executives and subsidiaries (e.g., Eco-Pan facility lease with CEO’s interest; UK facility lease; family employment).
Expertise & Qualifications
- Mechanical engineering background with extensive operating leadership in building products manufacturing.
- Led complex M&A, portfolio repositioning, and public listing processes; UK and international market experience.
- Governance familiarity from multiple chair/non-executive roles and prior industry association leadership.
Equity Ownership
| Holder | Shares Beneficially Owned | % of Outstanding Common Stock | Ownership Details | As-of Date |
|---|---|---|---|---|
| David G. Hall | 37,285 | <1% | Includes 28,750 converted founder shares and 8,535 issued in exchange for private placement warrants | Feb 25, 2025 |
| Shares outstanding (reference) | 53,151,431 | — | Common shares outstanding at record date | Feb 25, 2025 |
Insider Trading Policy bans hedging and pledging by directors, officers, and employees.
Governance Assessment
- Strengths: Independent director; sits on Corporate Governance & Nominating Committee; consistent attendance with board-wide ≥75% threshold; executive-session practice at each scheduled meeting; anti-hedging/pledging policy reduces misalignment risk.
- Alignment: Cash-only director pay (no equity) and <1% ownership suggest limited direct economic alignment via shareholding, though ownership is supported by converted founder shares/warrant exchanges.
- Interlocks: Shared Brintons directorship with BBCP Chair Howard D. Morgan indicates network connectivity; not a related-party transaction but relevant to information flow and potential influence.
- Conflicts/Red Flags: No Hall-specific related-party transactions disclosed; company-wide related-party items involve other individuals (leases, family employment). No pledging allowed. Attendance above threshold. No say-on-pay anomalies disclosed specific to directors.
Overall, Hall’s industrial operating pedigree and committee service support board effectiveness; the absence of director equity and minimal ownership may be viewed by some investors as lower “skin-in-the-game,” balanced by the Company’s prohibition on hedging/pledging and independent committee structures.