Jacob Lamm
About Jacob Lamm
Jacob Lamm, age 60, has served on the CTLP Board since April 2020. He is Founder and Independent Consultant at Enterik Advisory LLC and previously was COO of InVisionApp (2020–2022) and EVP at CA Technologies (2009–2019) overseeing corporate strategy, M&A, venture investing, alliances, and incubation; he co‑founded and was CTO of Professional Help Desk (acquired by CA). He holds a B.S. in Computer Information Science from CUNY Brooklyn College (1987) .
Past Roles
| Organization | Role | Tenure | Committees/Impact |
|---|---|---|---|
| CA Technologies | Executive Vice President (corporate strategy, M&A, venture investing, alliances, incubation) | 2009–2019 | Led inorganic growth and new business incubation |
| InVisionApp, Inc. | Chief Operating Officer | 2020–2022 | Scaled digital product design platform operations |
| Professional Help Desk | Co‑founder & CTO (acquired by CA) | Not disclosed | Service Management software; exit to CA |
External Roles
| Organization | Role | Tenure | Committees/Impact |
|---|---|---|---|
| Enterik Advisory LLC | Founder & Independent Consultant | Not disclosed | Board/executive advisory on organic/inorganic growth |
| Watermark Medical Inc. | Director | 2010–2018 | Medical tech (remote diagnostics) |
| Long Island High Technology Incubator | Director | Not disclosed | Technology ecosystem governance |
| New York State Smart Grid Consortium | Director | Not disclosed | Energy/technology governance |
Board Governance
- Committee assignments: Finance Committee (Chair); Nominating & Corporate Governance (NCG) member .
- Independence and structure: Listed among Independent Committee Chairs; Board maintains an independent Non‑Executive Chair and conducts independence assessments via NCG .
- Attendance and engagement: FY2025—Board and Committees held 31 meetings; each director attended at least 75% of applicable meetings; all directors attended the 2025 Annual Meeting .
| FY Governance Activity (CTLP) | FY2024 | FY2025 |
|---|---|---|
| NCG Committee meetings (Lamm member) | 2 | 4 |
| Finance Committee meetings (Lamm Chair) | 9 | 4 |
| Total Board & Committee meetings (aggregate) | — | 31 |
| Attendance threshold met (per‑director) | — | ≥75% for all directors |
| Annual Meeting attendance | — | 100% of directors |
Fixed Compensation
| Component (Non‑Employee Director, FY2025) | Amount |
|---|---|
| Fees earned or paid in cash (Lamm) | $57,500 |
| Stock awards (grant date fair value) | $100,000 |
| Total | $157,500 |
| Director Compensation Program Terms | Amount/Policy |
|---|---|
| Additional annual cash retainers: Chair of Board / Audit Chair / Compensation Chair / Compliance Chair / NCG Chair / Finance Chair | $35,000 / $25,000 / $10,000 / $10,000 / $7,500 / $7,500 |
| Equity for non‑employee directors | ~ $100,000 in RSUs; time‑based vesting over 1 year (pro‑rata if service ends during year) |
| Meeting fees | None (no meeting attendance fees) |
| Stock ownership guideline (directors) | ≥5x annual cash retainer; 5‑year compliance window |
| Compliance status | All directors in compliance or within grace period at proxy date |
Performance Compensation
| Award Type | Grant Date | Quantity/Value | Exercise/Price | Vesting/Performance Conditions | Notes |
|---|---|---|---|---|---|
| Stock Options | May 6, 2020 | 120,000 options | $6.49 | 25% on 1st anniversary; remaining 75% vests quarterly over next 3 years; pro‑rata vesting on separation by completed quarter | Unexercised as of June 30, 2025 (for Lamm and several directors) |
| RSUs (annual grant) | May 13, 2024 | 15,699 RSUs | — | Time‑based; vest on first anniversary; pro‑rata if service ends | Program‑wide grant to each non‑employee director |
| RSUs (outstanding as noted) | — | 19,157 RSUs | — | Will vest on May 12, 2025 (as stated) | Outstanding as of June 30, 2025 per proxy footnote |
No director performance metrics (e.g., TSR, revenue/EBITDA hurdles) are disclosed for director equity; awards are time‑based per the program .
Other Directorships & Interlocks
| Category | Detail |
|---|---|
| Current public company boards | None disclosed in CTLP 2025/2026 proxy biographies for Lamm |
| Committee roles at other public boards | Not disclosed |
| Interlocks with CTLP competitors/suppliers/customers | None disclosed for Lamm; related‑party review section cites other individuals (not Lamm) |
Expertise & Qualifications
- Technology operator and strategist with scale/turnaround and inorganic growth track record (CA Technologies M&A/ventures/new business incubation) .
- Payments/fintech and enterprise software exposure through operating and advisory roles .
- Governance and finance oversight: Finance Chair; NCG member .
- Education: B.S., Computer Information Science, CUNY Brooklyn College (1987) .
Equity Ownership
| Holder | Beneficial Ownership (Shares) | % of Class |
|---|---|---|
| Jacob Lamm | 198,319 | * (less than 1%) |
Stock ownership guidelines for directors require ≥5x annual cash retainer; directors are in compliance or within grace periods at the proxy date .
Governance Assessment
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Strengths
- Independent leadership roles: Finance Committee Chair and NCG member, aligning with capital structure, financing, and board effectiveness oversight .
- Engagement: Board/Committee activity was robust (31 total meetings in FY2025), with all directors meeting attendance thresholds and attending the Annual Meeting .
- Alignment: Director pay is equity‑heavy ($100k RSUs annually; options from 2020) and linked to stock ownership guidelines (≥5x retainer), supporting skin‑in‑the‑game incentives .
- Conflicts: Proxy related‑party reviews identify transactions for other directors but none for Lamm, mitigating conflict risk signals in the period reviewed .
-
Watch items
- Option overhang from 2020 award (120,000 options at $6.49) persists; while standard for prior refresh, investors should monitor exercise/retention and dilution optics over time .
- Committee workload normalization: Finance Committee meetings decreased from 9 (FY2024) to 4 (FY2025); track whether cadence reflects stabilized capital plans vs. reduced oversight intensity .
-
Red flags
- None disclosed for Lamm regarding related‑party transactions, pledging, or attendance shortfalls in the reviewed proxies .