Pamela Corrie

About Pamela Corrie

Pamela Corrie (age 67) is an independent non-executive director of Burford Capital Limited, appointed January 17, 2024. She is a restructuring and legal-risk specialist with prior senior roles including Managing Director at Carl Marks Advisors (Financial Advisory, restructuring, 2018–2023), General Counsel at GE Capital Americas (12 years), and 10 years practicing at Weil, Gotshal & Manges. She holds a BA from Stanford University and a JD from UCLA School of Law .

Past Roles

External Roles

Board Governance

• Independence: The Board determined Corrie is independent under SEC and NYSE rules; all Audit, Compensation, and Nominating/Governance committee members are independent .
• Committees: Audit Committee member; Nominating & Corporate Governance Committee member .
• Financial Expertise: All Audit Committee members, including Corrie, are financially literate and qualify as “audit committee financial expert” (Item 407(d)(5)) .
• Attendance: In 2024, Board held four quarterly in-person meetings; all directors attended (except one teleconference attendance by Chair post-surgery). Annual meeting attendance was complete .
• Executive Sessions: Board meets in executive session at each quarterly meeting without management .
• Tenure on Board: ~1 year at time of proxy; Board tenure table lists Corrie at 1 year .

Fixed Compensation

Director fee schedule (policy level):

• Base cash retainer: $90,000/year; Chair +$50,000; Vice Chair +$15,000; Audit Chair +$20,000; Compensation Chair +$10,000; paid quarterly .
• NED Plan equity: $35,000/year in restricted shares; Chair +$75,000; Vice Chair +$40,000; 3-year transfer/sale restrictions (or earlier if no longer a director) .
• Non-executive directors: no severance; expense reimbursement; may obtain independent professional advice at company expense .

Grant cadence:

• 2024 non-exec grants effective June 4, 2024 (ASC 718 fair value) .

Performance Compensation

• Non-executive director compensation at Burford consists of cash retainers and time-based restricted share grants via the NED Plan; there are no disclosed performance-vested equity awards, options, or bonus metrics for directors .

Other Directorships & Interlocks

Expertise & Qualifications

• Education: BA (Stanford); JD (UCLA) .
• Technical expertise: Corporate restructuring, litigation, bankruptcy counseling, risk management; extensive board governance across public and private companies .
• Financial expertise: Audit committee financial expert designation .
• Board attributes: Strategic thinking, business judgment, integrity and accountability; Board skills matrix lists Corrie among directors with diverse backgrounds; 33% women on Board .

Equity Ownership

Governance Assessment

• Strengths:
  • Independent director with audit committee financial expert status; sits on Audit and Nominating/Governance committees central to oversight of financial reporting, internal control, ESG, board composition, and related party reviews .
  • Strong attendance; Board conducts quarterly executive sessions without management, supporting independent oversight .
  • No related-party transactions disclosed involving non-executive directors in 2024 (former director Wilson excepted); Corrie not listed in fund commitments or Company debt holdings .
  • Share ownership alignment through NED Plan and mandatory ownership guidelines (4x retainer); anti-hedging/pledging policy reduces misalignment risk .
• Potential watch items:
  • Multiple concurrent board roles (some in restructuring contexts) raise typical overboarding concerns; Burford policy caps public boards at ≤4 (audit committee limits also set). Corrie’s disclosed public boards (Fossil, Joann) appear within limits; private/special committee roles should be monitored for time demands .
  • As an Audit Committee member, continued oversight of prior internal control reportable events (fair value measurement material weaknesses disclosed historically) remains critical to investor confidence, though remediation noted as of 2023 and firm auditor rotation to KPMG completed in 2024 .

Overall signal: Corrie brings deep restructuring and legal-risk expertise, is independent with audit financial expert credentials, and shows active governance engagement. No evident conflicts or related-party exposures were disclosed for 2024; equity ownership policies and anti-hedging rules support alignment.

Appendix: Committee Activity Snapshot

All board committee members are independent under SEC/NYSE standards .