Vishnu Srinivasan
BOSTON OMAHAAbout Vishnu Srinivasan
Independent director (age 46), serving since June 2017. Chair of the Nominating & Corporate Governance Committee and member of the Audit & Risk Committee. Currently Chief Investment Officer at The Ohio State University (since May 2020). Education: Economics (summa cum laude), Wharton School; MBA, Harvard Business School . Independence affirmed by the Board; all directors met at least 75% attendance in 2024; Board met 5 times and acted by consent 6 times in 2024 .
Past Roles
| Organization | Role | Tenure | Committees/Impact |
|---|---|---|---|
| Ganesh Investments, L.L.C. | Vice President → Managing Director | 2012–May 2020 | Public and private equity advisory to Pritzker family; investment/management expertise cited by Board |
| Alyeska Investment Group | Analyst (long/short hedge fund) | Nov 2009–Oct 2012 | Buyside research experience |
| Berkshire Partners | Principal and other roles | Aug 2002–Oct 2009 | Private equity operations and investing experience |
External Roles
| Organization | Role | Tenure | Committees/Impact |
|---|---|---|---|
| The Ohio State University | Chief Investment Officer | May 2020–present | Large endowment CIO role; institutional investment oversight |
| Other public company boards | None disclosed | N/A | No other public directorships listed in past five years for Srinivasan |
Board Governance
- Committee assignments (2025): Chair, Nominating & Corporate Governance; Member, Audit & Risk .
- Independence: Board deems Srinivasan independent under NYSE/SEC standards .
- Attendance and engagement: All directors serving in 2024 attended ≥75% of Board/committee meetings; Board met 5 times; Audit & Risk held 6 meetings (+2 consents); Nominating held 2 meetings (+2 consents) in 2024 .
- Governance structure context: CEO also serves as Chair; Board has no lead independent director (periodic review stated) .
- Controlling vote context: Magnolia Group entities collectively control ~32.66% of voting power (due to Class B 10:1 votes), influencing director elections and say-on-pay outcomes .
Fixed Compensation
| Metric | 2023 | 2024 |
|---|---|---|
| Annual cash retainer ($) | $30,000 | $15,000 |
| Committee/meeting fees | None disclosed | None disclosed |
| Policy notes | Outside director cash set at $30,000/yr as of July 1, 2022 | Board agreed to no cash compensation for outside directors through June 2025 |
Performance Compensation
| Grant Date | Shares | Vesting Schedule | Reported Value/Notes |
|---|---|---|---|
| Jan 3, 2023 | 1,176 | Vested June 30, 2023 | Included in “All other compensation” disclosure for directors |
| Jul 5, 2023 | 1,574 | Subject to forfeiture if not serving on Board on June 30, 2024 | Unvested value at 12/31/2023 per-share $15.73; $24,759 per director |
| Sep 20, 2024 | 2,000 | 500 shares vested at grant; 500 shares on Oct 1, 2024; Jan 1, 2025; Apr 1, 2025 | “All other compensation” of $29,840 for 2024; unvested value at 12/31/2024 $13,460 per director (per-share $14.18) |
Equity compensation is time-based RSU grants; no director performance metrics or options disclosed .
Other Directorships & Interlocks
| Company/Entity | Role | Overlap/Interlock | Notes |
|---|---|---|---|
| The Ohio State University | CIO | None with BOC disclosed | External fiduciary role; no related-party transactions identified involving Srinivasan – |
| Public company boards | None disclosed | N/A | No public company directorships listed for Srinivasan |
Expertise & Qualifications
- Deep public/private equity and PE operations background (Berkshire Partners, Alyeska, Ganesh) .
- Institutional investment leadership (OSU CIO) .
- Board views this experience as qualifying him to serve given company’s business interests .
- Committee leadership in governance and participation in audit oversight .
Equity Ownership
| Metric | July 15, 2024 | June 30, 2025 |
|---|---|---|
| Total beneficial ownership (Class A shares) | 12,750 | 14,750 |
| Ownership % of Class A | <1% | <1% |
| Director ownership guideline | $50,000 in Class A; compliance within 3 years / 50% within 18 months | All non-executive directors currently in compliance |
| Hedging/pledging policy | Hedging/derivatives prohibited; margin/pledging only with prior approval | No pledging arrangements known that could result in change of control |
Governance Assessment
- Strengths: Independent status; chairs Nominating & Corporate Governance; active committee engagement; equity-heavy director pay (shift to zero cash through June 2025); ownership guideline compliance .
- Oversight signal: Audit & Risk Committee—on which Srinivasan serves—oversaw negotiation/approval of the Rozek Separation Agreement, utilizing independent valuation support; demonstrates committee assertiveness on related-party matters –.
- Alignment: Ongoing RSU grants and share ownership guidelines help align incentives; no director options disclosed; no related-party transactions involving Srinivasan identified –.
- Potential red flags (contextual): CEO is also Chair; no lead independent director; concentrated voting power via Magnolia/MCF and Class B structure may limit minority shareholder influence on governance outcomes .