Linda B. Abraham
About Linda B. Abraham
Independent Class I director at Curbline Properties Corp. (CURB), age 62, serving since September 2024; standing for re‑election at the 2025 annual meeting to a term ending at the 2027 meeting. She is Managing Director of Crimson Capital (since 2014), co‑founded comScore and served as EVP (1999–2013), and brings deep consumer analytics and technology entrepreneurship experience; she holds a degree in Quantitative Business Analysis from Penn State University . CURB’s Board has affirmatively determined she is independent under NYSE and SEC rules; she serves on the Audit Committee and the Nominating & Sustainability Committee .
Past Roles
| Organization | Role | Tenure | Committees/Impact |
|---|---|---|---|
| comScore, Inc. | Co‑founder; EVP | 1999–2013 | Helped build a leader in digital measurement/analytics; the company went public in 2007 . |
| CarLotz, Inc. | Independent Director; Chair, Compensation Committee | 2021–2022 | Governance and pay oversight at online used‑vehicle consignment company . |
External Roles
| Organization | Role | Tenure | Notes |
|---|---|---|---|
| Crimson Capital | Managing Director | 2014–present | Invests in/advises early‑stage tech (data/analytics, cybersecurity, ML, e‑commerce, edtech, clean energy, healthcare) . |
| SITE Centers Corp. | Independent Director | 2018–2024 | Former parent of CURB; spin completed Oct 1, 2024 . |
| University of Virginia School of Data Science | Board Member | n/d–present | Advisory/oversight in data science education . |
| TIGER 21 | Board Member | n/d–present | Member‑based organization focused on investment management and education . |
Board Governance
| Item | Detail |
|---|---|
| Independence | Independent director (affirmatively determined by Board) . |
| Board Class/Term | Class I; term expired at 2025 meeting; nominee for re‑election to serve until 2027 annual meeting . |
| Committees | Audit Committee (member); Nominating & Sustainability Committee (member) . |
| Committee Expertise | CURB designates Audit financial experts as Jane DeFlorio (Chair) and Terrance Ahern; Abraham is a member but not designated “audit committee financial expert” . |
| Meeting Attendance | From spin‑off through Dec 31, 2024, Board held one meeting; each director attended at least 75% of Board and applicable committee meetings during their service period (meets NYSE attendance expectations) . |
| Committee Activity (2024 post‑spin) | Audit Committee: 1 meeting; Compensation: 0; Nominating & Sustainability: 0 . |
| Board Leadership | Separate independent Chairman (Terrance R. Ahern) and CEO structure; regular executive sessions of non‑management and independent directors . |
| Shareholder Rights/Policies | Majority voting in uncontested elections; proxy access (3%/3 years); anti‑hedging and anti‑pledging for directors/officers . |
| EGC Status | As an Emerging Growth Company, CURB is exempt from say‑on‑pay voting currently . |
Fixed Compensation
| Component | Amount | Vesting/Payment | Source |
|---|---|---|---|
| Annual Cash Retainer (Directors) | $75,000 | Paid quarterly in cash | |
| Committee Fees – Audit (Member/Chair) | $12,500 / $25,000 | Paid quarterly in cash | |
| Committee Fees – Compensation (Member/Chair) | $10,000 / $20,000 | Paid quarterly in cash | |
| Committee Fees – Nominating & Sustainability (Member/Chair) | $7,500 / $15,000 | Paid quarterly in cash | |
| Meeting Fees (in excess of thresholds) | $2,000 per director meeting; $3,000 for non‑employee Chair; committee extras: $2,000 member / $3,000 chair beyond meeting caps | Cash | |
| 2024 Fees Earned – Linda B. Abraham | $23,750 | As reported for 2024 | |
| Chairman of the Board Fee (if applicable; not Abraham) | $100,000 | Paid to non‑employee Chair |
Performance Compensation
| Equity Element (Directors) | Grant Date | Shares/Value | Vesting | Notes |
|---|---|---|---|---|
| Upfront Restricted Stock (non‑employee Directors) | Oct 15, 2024 | 12,948 shares; $302,077 aggregate grant‑date fair value; $23.33 per share | Vests ratably over 3 years (1/3 on each anniversary) | Time‑based; no performance metrics disclosed for director equity . |
No performance‑conditioned compensation is disclosed for non‑employee directors; equity awards are time‑based restricted stock intended to align with shareholders .
Other Directorships & Interlocks
| Category | Detail |
|---|---|
| Current Public Company Boards | None disclosed for Abraham in the CURB proxy . |
| Prior Public Company Boards | SITE Centers (Independent Director, 2018–2024) ; CarLotz (Independent Director; Chair, Compensation Committee, 2021–2022) . |
| Interlocks | CURB discloses no compensation committee interlocks in 2024; Abraham is not on CURB’s Compensation Committee . |
| Network/Overlap Considerations | Several CURB directors/executives (e.g., CEO David Lukes) maintain roles/legacy ties with SITE Centers; CURB has ongoing related agreements with SITE Centers post spin . |
Expertise & Qualifications
- Technology entrepreneur and consumer analytics expert (co‑founded comScore; EVP 1999–2013) .
- Managing Director at Crimson Capital focusing on early‑stage tech (data/analytics, cybersecurity, ML, e‑commerce, edtech, clean energy, healthcare) .
- Degree in Quantitative Business Analysis, Penn State University .
- Audit committee service at CURB; governance experience from prior public boards (SITE Centers; CarLotz, comp chair) .
Equity Ownership
| Item | Amount/Policy |
|---|---|
| Beneficial Ownership (Common Stock) | 36,096 shares; <1% of outstanding as of Mar 1, 2025 (shares outstanding: 105,214,483) . |
| Director Stock Ownership Guidelines | Minimum ownership equal to 5x cash retainer ($375,000) within 5 years; must retain at least 50% of shares/units received until compliant . |
| Hedging/Pledging | Prohibited for directors (no margin accounts, pledging, or hedging transactions) . |
| Insider Trading Policy | Pre‑clearance required; quarterly blackout periods; applies to directors . |
| Section 16(a) Compliance (2024) | All officers/directors reported timely; no delinquencies disclosed . |
Governance Assessment
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Strengths
- Independent director with relevant data/analytics expertise; serves on Audit and Nominating & Sustainability committees, supporting oversight of financial reporting, governance, and sustainability .
- High alignment via equity: standard director program combines $75,000 cash retainer with ~$300,000 time‑vested restricted stock; Abraham received 12,948 RS on Oct 15, 2024 vesting over 3 years ($302,077 grant‑date fair value) .
- Strong policies: majority voting, proxy access, stock ownership guidelines (5x retainer), anti‑hedging/pledging, executive sessions, independent Chair .
- Attendance: all directors met ≥75% threshold in the post‑spin period; Audit Committee met (Nominating & Sustainability did not convene post‑spin), indicating initial activation of financial oversight .
-
Watch items
- Potential related‑party exposure at the company level: multiple ongoing agreements with former parent SITE Centers (Shared Services; Separation/Distribution; Tax; Employee Matters). Abraham previously served on SITE Centers’ board (2018–2024). While CURB affirms her independence, investors should monitor oversight of SITE‑related arrangements and the board’s management of any perceived conflicts. RED FLAG: related‑party complexity (company‑level), though no Abraham‑specific related‑party transactions are disclosed .
- Limited operating history post‑spin (Board held one meeting in 2024 period) constrains longitudinal assessment of attendance and committee cadence; should normalize in 2025+ .
- EGC status removes say‑on‑pay for now, modestly reducing annual shareholder feedback channels on compensation/governance .
No director‑specific related‑party transactions, hedging/pledging, or Section 16(a) issues are disclosed for Abraham .