Lisa Reisman

About Lisa Reisman

Lisa Reisman (age 56) has served as an independent director of CreditRiskMonitor.com, Inc. (CRMZ) since July 2023. She is co‑founder and Chief Executive Officer of MetalMiner (since 2007), with prior senior roles at Azul Partners (Managing Director/CEO) and as a Senior Manager at Deloitte and Arthur Andersen. She holds an MPA in management and public policy from New York University and a BA in journalism and political science from the University of Wisconsin–Madison . She is designated independent by the Board and serves on the Audit and Compensation Committees .

Past Roles

External Roles

Board Governance

• Independence and committees: The Audit and Compensation Committees “currently consist of Brigitte Muehlmann, Lisa Reisman, and Joshua M. Flum,” and both Muehlmann and Reisman are independent; Muehlmann is designated the Audit Committee Financial Expert .
• Board structure: No separately designated Nominating Committee (the full Board handles nominations); no Lead Independent Director given company size and history .
• Attendance and meetings: In 2024, the Board held five meetings and the Audit Committee held four; all directors attended at least 75% of Board and committee meetings .
• Hedging/pledging: The company does not maintain a policy prohibiting directors, officers, or employees from engaging in hedging or monetization transactions (governance red flag for alignment) .
• Independence roster: All directors other than Jerome S. Flum (Executive Chairman) and Joshua M. Flum are independent .
• Board composition dynamics: Four directors are nominated in 2025; incumbent director Brigitte Muehlmann did not stand for re‑election, and Lawrence Fensterstock is nominated and expected to join the Audit and Compensation Committees if elected .
• Family relationships and control context: Joshua M. Flum is the son of Executive Chairman Jerome S. Flum ; Jerome beneficially controls 56.0% including Flum Partners’ stake (context for minority shareholder protections) .

Fixed Compensation

Performance Compensation

Notes: The proxy discloses ASC 718 fair values for director option awards; specific grant dates, strikes, and vesting schedules for director grants were not itemized in the director section. Plan‑level default vesting and change‑in‑control terms are disclosed and generally applicable to awards under the 2020 Plan .

Other Directorships & Interlocks

Expertise & Qualifications

• Executive leadership and entrepreneurship in industrial metals data and SaaS through MetalMiner; prior MD/CEO role at Azul Partners .
• Consulting pedigree with Deloitte and Arthur Andersen; blends operations, supply chain/commodity pricing, and strategy skills .
• Education: MPA (NYU); BA (UW–Madison) .

Equity Ownership

Governance Assessment

• Positives/signals of effectiveness:
  • Independent director serving on both Audit and Compensation Committees, providing oversight across financial reporting and executive compensation .
  • Meets attendance threshold (all directors ≥75% in 2024); active committee cadence with four Audit meetings .
  • Relevant domain expertise (commodities pricing, SaaS data, consulting) that can inform CRMZ’s analytics and product strategy .
• Watch items / RED FLAGS (investor confidence considerations):
  • No Lead Independent Director; nominations handled by full Board without a separate Nominating Committee .
  • Company permits hedging/monetization transactions (no prohibition), which can misalign director/shareholder interests .
  • Concentrated control: Executive Chairman Jerome S. Flum beneficially controls 56.0%, and there is a family relationship on the Board (Executive Chairman and his son), which elevates the importance of strong independent oversight by directors like Reisman .
  • Committee membership transitions in 2025 (departure of Muehlmann; addition of Fensterstock) warrant monitoring for continuity and expertise balance on Audit and Compensation Committees .
• Compensation structure observations:
  • Director pay is primarily modest cash retainers ($2,000/quarter) plus small option awards (ASC 718 values of $367 in 2023; $840 in 2024). The shift from upfront annual payment to quarterly payments began July 1, 2024, and the Audit Committee Financial Expert receives a higher $3,000/quarter fee (not applicable to Reisman) .
  • Option awards are governed by the 2020 Plan default vesting (20% annually beginning year two) with full vesting on change‑in‑control, aligning some compensation to longer‑term company value creation .
• Shareholder context:
  • Say‑on‑pay frequency: stockholders previously supported a three‑year cadence (2019); Board recommends “THREE YEARS” again in 2025 .

Appendix: Committee Assignments (Current/Nominated)

Citations: