Emily Nagle Green
About Emily Nagle Green
Independent trustee at Centerspace since February 15, 2018; age 67. She serves on the Audit Committee and the Nominating & Governance Committee and is designated an “audit committee financial expert” under SEC rules. Background includes CEO roles at Smart Lunches (2012–2016), Yankee Group and Cambridge Energy Research Associates (CERA) (2005–2011), and senior research leadership at Forrester; degrees from Georgetown (BA linguistics) and the University of Pennsylvania (Masters in AI & Computer Graphics). She also serves as an independent director at Casella Waste Systems (NASDAQ: CWST) and chairs its Nominating & ESG Committee, and lectures at MIT Sloan.
Past Roles
| Organization | Role | Tenure | Committees/Impact |
|---|---|---|---|
| Smart Lunches, Inc. | Chief Executive Officer | 2012–2016 | Raised four capital rounds; built tech platform; scaled to 300 schools in 9 states |
| Yankee Group | Chief Executive Officer | 2005–2011 | Private-equity-backed research firm leadership |
| Cambridge Energy Research Associates (CERA) | Chief Executive Officer | 2005–2011 | Private-equity-backed research firm leadership |
| Forrester Research, Inc. | Led consumer tech research | Noted in biography | Built largest consumer tech research panel; served Fortune 1000 executives |
| Executive Coaching & Author | CEO coach; Author of “ANYWHERE” | ~6 years coaching | Governance and leadership signaling via publication and advisory experience |
External Roles
| Organization | Role | Tenure | Committees/Impact |
|---|---|---|---|
| Casella Waste Systems (NASDAQ: CWST) | Independent Director; Chair, Nominating & ESG Committee | Not disclosed | ESG oversight and board governance leadership |
| MIT Sloan School of Management | Lecturer (Entrepreneurship) | Not disclosed | Academic engagement; entrepreneurship expertise |
Board Governance
- Independence: Board determined Emily Nagle Green is independent under NYSE standards; all committee members are independent per SEC/NYSE enhanced rules.
- Committees: Audit Committee (members: Mary J. Twinem – Chair, Jeffrey P. Caira, Emily Nagle Green); Nominating & Governance Committee (members: Jeffrey P. Caira – Chair, Emily Nagle Green, Jay L. Rosenberg).
- Financial expertise: Designated “audit committee financial expert.”
- Attendance: In 2024, the Board held nine meetings; Audit five; Compensation five; Nominating & Governance four. All trustee nominees attended at least 75% of Board and applicable committee meetings; all trustees attended the virtual 2024 annual meeting.
- Governance practices: No pledging/hedging; majority independent board; majority voting with resignation policy; term limits (not renominated after 12 full years); regular executive sessions and self-evaluations; ESG oversight by Nominating & Governance Committee.
Fixed Compensation
Director compensation (non-management trustees) emphasizes cash retainers plus equity; component fees for committee roles are set by policy.
| Metric (USD) | FY 2021 | FY 2022 | FY 2023 | FY 2024 |
|---|---|---|---|---|
| Cash Earned/Paid | $51,855 | $62,500 | $65,934 | $67,500 |
| Share Awards (Grant-date Fair Value) | $59,509 | $70,825 | $77,791 | $85,020 |
| Total | $111,364 | $133,325 | $143,725 | $152,520 |
Compensation structure (policy):
- Base annual retainer: $50,000.
- Annual RSU grant: $85,000 divided by 20-day average closing price (2024), vest on first anniversary if serving; prorated rules for retirements <1 year.
- Additional retainers: Audit Chair $20,000; Compensation Chair $15,000; Nominating & Governance Chair $10,000; Audit member $10,000; Compensation member $7,500; Nominating & Governance member $7,500.
Performance Compensation
Director equity is time-based RSUs with service-based vesting; no performance metrics are attached to director equity awards.
| Attribute | FY 2021 | FY 2022 | FY 2023 | FY 2024 |
|---|---|---|---|---|
| RSUs Granted (count) | 887 | 856 | 1,380 | 1,307 |
| Grant Date | May 18, 2021 | May 17, 2022 | May 16, 2023 | May 20, 2024 |
| Grant-date Fair Value per RSU | $67.09 (May 18) | $82.74 | $56.37 | $65.05 |
| Vest Date | May 18, 2022 (if serving) | May 17, 2023 (if serving) | May 16, 2024 (if serving) | May 20, 2025 (if serving) |
| Vesting Condition | Service-based (time) | Service-based (time) | Service-based (time) | Service-based (time) |
- 2024 policy confirms $85,000 RSU value per non-management trustee and $50,000 RSUs for the Chair, determined by 20-day average closing price; service-based vesting after one year.
Other Directorships & Interlocks
| Company | Role | Committee Roles | Interlock/Conflict Notes |
|---|---|---|---|
| Casella Waste Systems (NASDAQ: CWST) | Independent Director | Chair, Nominating & ESG Committee | Centerspace discloses no interlocking directorships among trustees/management; no related-party transactions since beginning of 2024. |
- Centerspace policy highlights “No Interlocking Directorships” and an active Related Party Transactions Policy overseen by the Audit Committee; no transactions over $120,000 with related persons since the beginning of 2024.
Expertise & Qualifications
- Audit committee financial expert; deep experience in financial oversight.
- Technology and AI credentials (Masters in AI & Computer Graphics); leadership in consumer technology research (Forrester).
- Former CEO at multiple firms; capital raising and scale execution experience.
- ESG oversight experience via chair role at CWST.
- Academic engagement as MIT Sloan Lecturer in entrepreneurship.
Equity Ownership
| Ownership Metric (as of dates noted) | Value |
|---|---|
| Beneficial Ownership (Mar 20, 2025) | 6,253 shares; includes 5,799 direct and 454 held by spouse; <1% of 16,726,594 outstanding shares. |
| Unvested RSUs (Dec 31, 2024) | 1,307 RSUs (for each independent trustee except Rosenberg). |
| Ownership Guidelines | 5x annual base cash compensation; compliance required within 5 years; retain at least 60% of shares from equity awards until board service ends. |
| Compliance Status | All non-management trustees serving as of Dec 31, 2024 met or exceeded ownership thresholds. |
| Pledging/Hedging | Prohibited for trustees/executives; no margin accounts or pledging allowed. |
Governance Assessment
- Strengths: Independence affirmed; dual committee service (Audit; Nominating & Governance) with audit financial expert designation; adequate attendance; robust ownership alignment (guidelines and retention); anti-hedging/pledging policy; strong related-party oversight with no transactions reported since 2024.
- Compensation mix: Balanced cash retainer plus time-based RSUs; incremental committee retainers consistent with market; transparent grant mechanics and service-based vesting; YoY equity value increased from $60–75k (2021–2023) to $85k (2024), aligning director incentives with shareholder value without performance metrics (typical for directors).
- External roles: CWST directorship provides ESG governance expertise; no disclosed interlocks or related-party ties with Centerspace.
- RED FLAGS: None identified in filings—no related-party transactions, no hedging/pledging, independence verified, and attendance thresholds met.