Angela Snyder
CROWN HOLDINGSAbout Angela Snyder
Independent director since 2022; age 60 in the 2025 proxy and 59 in the 2024 proxy. President of Fulton Financial Corporation and Fulton Bank with 30+ years in financial services; board biography emphasizes leadership, risk management and corporate governance expertise. Committees: Audit and Compensation; not a chair. Independence affirmed by the Board; attendance met ≥75% threshold, and she attended the annual meeting.
Past Roles
(No prior positions beyond Fulton disclosed in CCK proxies.)
External Roles
| Organization | Role | Tenure | Committees/Impact |
|---|---|---|---|
| Fulton Financial Corporation (NASDAQ) | President | Current (disclosed at CCK) | Not disclosed |
| Fulton Bank (subsidiary of Fulton Financial) | President; Director | Current (disclosed at CCK) | Not disclosed |
Board Governance
- Committee memberships: Audit Committee member; Compensation Committee member (joined Compensation Committee February 22, 2024). Not a committee chair.
- Independence: Board determined all nominees except CEO Timothy Donahue are independent under NYSE standards. No Snyder-related transactions flagged in the independence review.
- Attendance: Board held 5 meetings in 2023 and 6 in 2024; each director attended ≥75% of board and assigned committees. Directors attended the annual meeting in both years.
- Ownership/hedging: Directors expected to own ≥5× cash base annual director fee after 5 years; anti-pledging and anti-hedging policies apply to directors and officers. As of March 12, 2024, directors with ≥5 years of service met the guideline.
Fixed Compensation
| Component | 2023 | 2024 |
|---|---|---|
| Fees Earned or Paid in Cash ($) | 115,000 | 122,500 |
| Stock Awards ($) | 160,000 | 160,000 |
| Total ($) | 275,000 | 282,500 |
| Director Fee Schedule (Non-Employee) | 2024 | 2025 |
|---|---|---|
| Cash Base Fee ($) | 100,000 | 100,000 |
| Equity Grant ($) | 160,000 (paid quarterly as common stock) | 160,000 (paid quarterly as common stock) |
| Audit Committee – Chair ($) | 25,000 | 25,000 |
| Audit Committee – Member ($) | 15,000 | 15,000 |
| Compensation/NCG – Chair ($) | 20,000 | 20,000 |
| Compensation/NCG – Member ($) | 10,000 | 10,000 |
| Independent Lead Director Fee ($) | 25,000 | 35,000 |
| Meeting Fees | None (no board/committee attendance fees) | None |
- Mechanics: Director cash can be deferred into a notional account (prime rate interest); beginning in 2024, stock grants can be deferred and credited with dividends, paid in cash post-termination over 5 or 10 years per election.
Performance Compensation
| Equity Grant Structure | Amount | Grant Cadence | Determination Basis | Performance Metrics |
|---|---|---|---|---|
| Annual Common Stock Grant | $160,000 | Quarterly | Avg. closing price on specified trading days post-earnings release | None disclosed for director grants (time-based only) |
CCK’s performance-based metrics (TSR, ROIC) apply to NEO long-term equity awards, not to non-employee directors.
Other Directorships & Interlocks
- Current public company role: President of Fulton Financial Corporation (NASDAQ). Also a director at Fulton Bank (subsidiary). No CCK-disclosed business dealings or related-party transactions involving Snyder.
- Interlocks/conflicts: 2025 independence review detailed ordinary-course transactions for other directors (Avient, Ecore, Transcendia, Ingredion) and concluded none met disqualifying criteria; Snyder not cited, implying no reported interlock-related transactions.
Expertise & Qualifications
- 30+ years in financial services; senior leadership of a financial holding company and bank. Emphasis on strategic planning, risk management, and corporate governance.
- Audit oversight exposure via Audit Committee membership; Compensation oversight via Compensation Committee membership and co-signing committee report in 2025.
Equity Ownership
| Metric | As of Mar 12, 2024 | As of Mar 11, 2025 |
|---|---|---|
| Beneficial Ownership (Shares) | 2,986 | 4,808 |
| Ownership (% of Outstanding) | <1% (based on 120,794,273 shares) | <1% (based on 116,964,033 shares) |
| Pledging/Hedging | Prohibited by guidelines | Prohibited by guidelines |
| Director Ownership Guideline | ≥5× cash base annual fee after 5 years | ≥5× cash base annual fee after 5 years |
| Guideline Compliance Status | Applies after 5 years; directors ≥5 years are compliant | Applies after 5 years |
Governance Assessment
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Strengths: Independent director serving on Audit and Compensation committees; active committee engagement (joined Comp in Feb 2024 and signed 2025 Comp Committee Report); attendance standards met; equity component in director pay supports alignment; anti-hedging/pledging policy and robust ownership guidelines reduce misalignment risk.
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Compensation mix: ~$160k equity vs ~$115–123k cash in 2023–2024; cash variance reflects committee membership timing (added Comp in 2024). Benchmarked to peer medians via Pay Governance; no meeting fees.
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Conflicts: No Snyder-related related-party transactions disclosed; Board independence review did not flag her.
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Engagement signals: Committee membership across financial (Audit) and human capital/compensation oversight; presence on Comp Committee during 2024–2025 indicates involvement in pay-for-performance framework (TSR/ROIC metrics for NEOs), though director grants are time-based.
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Potential watch items: External executive role (President of a public financial institution) raises time-commitment considerations, but CCK’s overboarding limits and attendance disclosure mitigate immediate risk; monitor future independence reviews for any Fulton-related transactions.
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No RED FLAGS identified in CCK disclosures: No pledging/hedging, no Snyder-related related-party transactions, independence affirmed, attendance acceptable, and compensation structure standard for non-employee directors.