Yonesy F. Núñez
About Yonesy F. Núñez
Independent director since January 2024 (age 46) with deep cybersecurity and technology governance credentials; he serves as a member of Chain Bridge Bancorp’s Board Risk Committee and chairs the Bank’s Information Technology Committee. Núñez is Managing Director and Chief Information Security Officer at DTCC (since July 2023), and formerly CISO at Jack Henry; prior senior information security roles at Wells Fargo and Citi. He holds a DPS in Computing Information Assurance and Security (Pace), MS in Information Systems Engineering (NYU Tandon), BS in Finance & Computer Information Systems (Manhattan College), and certifications CISSP, CISM, CISA, CGEIT. He is bilingual in English/Spanish with limited proficiency in Italian and Japanese .
Past Roles
| Organization | Role | Tenure | Committees/Impact |
|---|---|---|---|
| DTCC (Systemically Important Financial Market Utility) | Managing Director & Chief Information Security Officer | Jul 2023–present | Enterprise cybersecurity leadership in critical market infrastructure |
| Jack Henry & Associates | Chief Information Security Officer | Nov 2020–Jul 2023 | Led security at major banking technology vendor |
| Wells Fargo | Senior information security posts | 2012–2020 | Security risk management in large bank context |
| Citi | Senior information security posts | 2012–2020 | Global security governance experience |
External Roles
| Organization | Role | Tenure | Notes |
|---|---|---|---|
| Forgepoint Capital | Advisory Board Member | Not disclosed | Cybersecurity-focused VC advisory |
| Glilot Capital Partners | Advisory Board Member | Not disclosed | Technology/cyber advisory |
Board Governance
- Committee assignments: Member, Board Risk Committee; Chair, Bank Information Technology Committee; participated as an independent member of 2024 Special Committee on dual-class reclassification, which met 12 times and was disbanded after completing its mandate .
- Independence: Affirmatively determined independent under NYSE rules; Board committees (Audit, Compensation, Governance & Nominating, Risk) comprised entirely of independent directors .
- Attendance: In 2024, each director attended 100% of Board regular and special meetings; all directors attended ≥75% of their committee meetings .
- Executive sessions: Non-management directors meet in regular executive sessions without management; rotating presiding director; no Lead Independent Director designated .
- Stock ownership guideline for non-employee directors: Minimum 2,000 shares (Class A, Class B, or combination); 3-year grace period for new directors .
Fixed Compensation
| Component | 2024 Policy | 2025 Policy | Notes |
|---|---|---|---|
| Company Board meeting fee (per meeting) | $2,500 | $2,500 | Unchanged |
| Company Committee meeting fee (per meeting) | $750 | $1,000 | Increased by $250 |
| Audit Committee Chair retainer (Company) | $2,500 | $5,000 | Increased by $2,500 |
| Other Company Committee Chair retainers | $2,500 | $2,500 | Unchanged |
| Bank non-employee director annual retainer | $10,000 | $10,000 | Paid $2,500 quarterly |
| Bank Board meeting fee (per meeting) | $1,500 | $1,500 | Unchanged |
| Bank Committee meeting fee (per meeting) | $750 | $750 | Unchanged |
| Any Board Committee Chair retainer (Bank) | $2,500 | $2,500 | Unchanged; applies to Bank committees (e.g., IT) |
| Special Committee meeting fee (2024 only) | $750 | — | Chair received one-time $2,500 |
| Director | Company Fees ($) | Bank Fees ($) | Total ($) |
|---|---|---|---|
| Yonesy F. Núñez | $32,000 | $33,500 | $65,500 |
- Reimbursement policy: Up to $5,000 per year for reasonable expenses related to Board service (adopted Jan 2025) .
- Directors receive cash-only compensation; no equity grants to directors; employees do not receive Board fees .
Performance Compensation
| Element | Disclosure | Metrics |
|---|---|---|
| Director performance-based pay | None; directors do not receive equity or incentive awards | Not applicable |
Other Directorships & Interlocks
| Category | Disclosure |
|---|---|
| Current public company boards | None disclosed for Núñez |
| Interlocks/related parties | No related-party transactions disclosed specific to Núñez; Board maintains Related Party Transactions Policy and ordinary banking relationships on market terms per Regulation O . |
Expertise & Qualifications
- Cybersecurity governance and technology risk leadership; certifications: CISSP, CISM, CISA, CGEIT .
- Executive experience across critical financial infrastructure (DTCC) and banking technology (Jack Henry); prior security roles at Wells Fargo and Citi .
- Academic credentials: DPS (Pace), MS (NYU Tandon), BS (Manhattan College); bilingual English/Spanish .
Equity Ownership
| Class | Shares Beneficially Owned | Ownership % | Notes |
|---|---|---|---|
| Class A Common Stock | 1,807 | <1% | Direct ownership |
| Class B Common Stock | 170 | <1% voting power | Convertible 1:1 into Class A; 10 votes/share |
| Total shares vs. guideline | 1,977 | — | Guideline requires 2,000 shares; Núñez is within 3-year grace period from Jan 2024 |
| Pledging/Hedging | None | — | Company policy prohibits hedging/pledging; none known among directors/officers |
Insider Trades
| Filing | Trade Date | Action | Shares | Price | Value | After Trade Holdings | Source |
|---|---|---|---|---|---|---|---|
| Form 3 (initial) | 10/03/2024 | Became registered insider; initial statement | — | — | — | — | |
| Form 4 | 10/03/2024 | Purchase | 1,807 | $22.00 | $39,754 | 1,807 Class A |
Governance Assessment
- Strengths: Independent director with domain expertise in cybersecurity; active committee roles (Risk; chairing Bank IT); full Board attendance; participated on independent Special Committee addressing capital structure, signaling governance engagement .
- Alignment: Personal share purchase in IPO month (Oct 2024) and holdings totaling 1,977 shares; close to 2,000-share guideline and within grace period, indicating progress toward alignment; no pledging/hedging .
- Compensation: Cash-only director pay with transparent fee schedule; no equity or performance incentives for directors, minimizing conflicts tied to short-term stock performance .
- Potential considerations: Dual-class structure concentrates voting with the Fitzgerald family; while not specific to Núñez, independent oversight and committee composition help mitigate control risks; Núñez’s independence is affirmatively determined .