Louis Parker
BRINKSAbout A. Louis Parker
A. Louis Parker, age 70, is an independent director of The Brink’s Company (BCO) serving since 2021. He is a retired Corporate Vice President of General Electric Company/GE Capital and co‑founded Visible Men Academy, where he served as CFO (2012–Apr 2021) and CEO until January 2023. Parker brings international operations, Lean/Six Sigma, integration, technology, restructuring, risk management, finance, and equity & inclusion expertise to Brink’s, and is designated an Audit Committee Financial Expert .
Past Roles
| Organization | Role | Tenure | Committees/Impact |
|---|---|---|---|
| General Electric Company / GE Capital | Corporate Vice President; CEO across multiple GE Capital business lines; Top 30 Executive; Corporate Executive Council member | 1996–2009 | Led multi‑business P&L roles; deep risk, finance, technology, Lean/Six Sigma execution |
| Visible Men Academy (public K‑5 charter school) | Co‑Founder; Executive VP & CFO; CEO | CFO 2012–Apr 2021; CEO until Jan 2023 | Built and led a mission‑driven organization; governance and financial stewardship |
| IBM, Morgan Stanley, ADP | Various executive roles | Not specified | Cross‑industry operating and technology leadership |
External Roles
| Organization | Role | Tenure | Committees/Impact |
|---|---|---|---|
| Visible Men Academy | Emeritus Board Member | Current | Ongoing educational governance contribution |
| A Better Chance | Board Member (prior) | Not specified | Leadership pipeline mission support |
| The Executive Leadership Council | Member; prior Board service | Not specified | Executive development and governance community |
Board Governance
- Independence: The Board affirmatively determined Parker was independent in 2024 under NYSE standards; Brink’s committees are 100% independent .
- Committee assignments: Audit & Ethics Committee (member; Audit Committee Financial Expert; financially literate); Corporate Governance & Nominating Committee (member). Audit Committee met 7 times in 2024; Corporate Governance Committee met 4 times .
- Tenure and composition: Parker has 4 years tenure; 89% of nominees were independent; committees fully independent; Chairman is independent (separate from CEO) and presides over executive sessions .
- Attendance and engagement: The Board met 5 times in 2024; all incumbent directors attended at least 75% of Board and committee meetings; all directors attended the 2024 Annual Meeting .
- Related parties: No related person transactions identified in 2024 .
Fixed Compensation (Director)
| Component | Detail | 2024 Value |
|---|---|---|
| Annual Retainer (cash) | Non‑employee director cash retainer | $85,000 |
| Committee Retainers (cash) | Audit (non‑chair) $12,500; Corporate Governance (non‑chair) $7,500 | $20,000 total |
| Fees Earned (cash) – Parker | Sum of cash retainers received | $105,000 |
Performance Compensation (Director Equity)
| Equity Type | Grant Date | Units Granted | Grant Date Fair Value | Vesting |
|---|---|---|---|---|
| Deferred Stock Units (DSUs) | May 2, 2024 | 1,705 | $149,921 | Vest on first anniversary; settled in Common Stock 1:1 |
| Annual DSU Program (design) | Ongoing | N/A | $150,000 standard grant value | Time‑based; no performance metrics; annual Board approval |
Note: Director equity is time‑based DSUs; no revenue/EBITDA/TSR metrics apply to director compensation (distinct from NEO programs) .
Other Directorships & Interlocks
| Category | Current |
|---|---|
| Public company directorships | None disclosed for Parker |
| Private/non‑profit boards | Visible Men Academy (Emeritus), A Better Chance (prior), The Executive Leadership Council (member/prior board) |
| Potential interlocks (competitors/suppliers/customers) | None disclosed |
Expertise & Qualifications
- Audit and financial oversight; designated Audit Committee Financial Expert and financially literate .
- Global operations, technology, M&A integration, Lean/Six Sigma, restructurings, risk management, finance; diversity, equity & inclusion leadership .
- Board effectiveness context: multi‑industry operating experience; complements Brink’s risk, sustainability, and strategy oversight framework .
Equity Ownership
| Measure | Value |
|---|---|
| Beneficially owned Common Stock | 5,438 shares (under SEC beneficial ownership definition) |
| Other Units Held | 1,705 DSUs credited as of Dec 31, 2024 |
| Ownership % of outstanding shares | “*” (<1%) of 43,140,100 shares outstanding |
| Director Stock Ownership Guideline | 5× annual cash retainer; DSUs count toward compliance |
| Anti‑pledging/hedging policy | Directors prohibited from hedging or pledging Company securities |
Reference price for year‑end valuations: $92.77 closing price on Dec 31, 2024 (used in CIC/severance tables) .
Governance Assessment
- Board effectiveness and independence: Strong—independent Chairman; Parker is independent and serves on two independent committees; Audit Committee Financial Expert designation enhances financial oversight quality .
- Engagement and attendance: Adequate—Board met 5 times; all directors met ≥75% attendance; Audit and Governance committees were active (7 and 4 meetings, respectively) .
- Compensation alignment: Director pay mix balances cash and equity; annual DSUs promote long‑term alignment; Parker’s cash fees ($105,000) plus DSUs ($149,921) are consistent with program design; stock ownership guideline at 5× retainer strengthens alignment .
- Conflicts and red flags: None observed—no 2024 related person transactions; prohibition on hedging/pledging; formal overboarding policy caps at three other public boards for non‑employee directors (Parker has none disclosed), lowering conflict/time‑commitment risk .
- Shareholder signals: Strong executive pay support (97% Say‑on‑Pay in 2024), indicating constructive investor engagement and compensation governance stability, indirectly supportive of board credibility .
Overall: Parker’s audit expertise, independence, and balanced director compensation/ownership structure support investor confidence; limited external public boards and no related‑party exposure mitigate governance risk .