Lawrence Taylor
About Lawrence X. Taylor III
Independent director at CaliberCos Inc. (CWD) since August 2023; age 60; background spans finance and corporate strategy across casino gaming, hospitality, manufacturing, aviation, commercial real estate, retail, and healthcare; President of Taylor Strategy Group; NACD Board Leadership Fellow and NACD Directorship Certified; recognized as a “Director to Watch” (2020); B.S. in Finance from Louisiana Tech University .
Past Roles
| Organization | Role | Tenure | Committees/Impact |
|---|---|---|---|
| Taylor Strategy Group | President | — | Advises on finance, strategy, growth initiatives |
| Odyssey Capital Group | Partner & Managing Director | — | Capital advisory leadership |
| Excorp Medical, Inc. | Chief Financial Officer | — | Financial leadership in healthcare |
| Grand Casinos, Inc. | Corporate Director of Investor Relations | — | Capital markets and investor communications |
External Roles
| Organization | Role / Credential | Details / Recognition | Date(s) |
|---|---|---|---|
| National Association of Corporate Directors (NACD) | Board Leadership Fellow | Corporate governance credential | — |
| NACD | Directorship Certified | Formal director qualification | — |
| Private Company Director Magazine | Director to Watch | Recognition for board leadership (2020) | 2020 |
Board Governance
- Committee assignments: Audit Committee (Chair), Compensation Committee (Member), Nominating & Corporate Governance Committee (Member) .
- Audit Committee financial expert designation by the Board; all members meet NASDAQ and SEC independence requirements; Taylor serves as Chair .
- Independence: Board determined Taylor is independent under NASDAQ standards; company is a “controlled company” but did not elect the independence exemption for the 2025 slate .
- Attendance and engagement: In 2024, Board held 4 meetings and each committee held 4; each director attended at least 75% of aggregate Board and committee meetings during their service period . In 2023, Board held 4, Audit 2, Compensation 1, Nominating & Corporate Governance 1; each director attended at least 75% .
| Committee | Role | Independence Status | Notes |
|---|---|---|---|
| Audit | Chair | Independent; 10A-3 compliant | Designated “audit committee financial expert” |
| Compensation | Member | Independent | Oversees exec/director pay, advisors, equity policies |
| Nominating & Corporate Governance | Member | Independent | Board composition, governance guidelines, evaluations |
Fixed Compensation
| Metric | 2023 | 2024 |
|---|---|---|
| Fees Earned or Paid in Cash ($) | $62,500 | $75,000 |
| Stock Awards ($) | $0 | $0 |
| Total ($) | $62,500 | $194,266 |
Performance Compensation
| Metric | 2023 | 2024 |
|---|---|---|
| Option Awards (Grant-date fair value, $) | $0 | $119,266 |
| Options Exercisable (#, fiscal year-end) | — | 9,769 (fully vested and exercisable) |
Note: Proxy materials do not disclose performance metrics (e.g., TSR, EBITDA, ESG) tied to non-employee director compensation .
Other Directorships & Interlocks
- No other current public company directorships disclosed for Taylor in the proxy biographies; prior roles include Odyssey Capital Group, Excorp Medical, and Grand Casinos (corporate roles, not board seats) .
Expertise & Qualifications
- Finance and corporate strategy expertise across multiple industries; prior CFO and investor relations leadership roles .
- NACD Board Leadership Fellow and Directorship Certified; audit committee financial expert designation as Audit Chair .
Equity Ownership
| Item | As of Record Date (June 10, 2025) |
|---|---|
| Beneficial ownership (Class A) | 10,169 shares; less than 1% |
| Total voting power | Less than 1% (indicated as “*”) |
| Direct Class A shares held | 400 shares |
| Stock options (exercisable) | 9,769 options (fully vested and exercisable) |
| Hedging/pledging of company stock | Prohibited by Insider Trading Policy |
Governance Assessment
- Board effectiveness: Taylor brings broad finance and capital markets acumen and chairs the Audit Committee with “financial expert” status—supportive of robust financial oversight and internal control governance .
- Independence and engagement: Formally deemed independent; attended at least 75% of board and committee meetings in 2024, aligning with minimum best-practice thresholds .
- Pay mix and alignment: Shift from cash-only (2023) to cash plus equity options (2024) increases alignment with shareholders; cash retainer raised from $62,500 to $75,000 while options of $119,266 fair value were granted .
- Ownership alignment: Beneficial ownership of 10,169 shares (including exercisable options) is modest; firm-level prohibition on hedging/pledging mitigates misalignment risk .
- Related-party/conflict controls: Audit Committee reviews and approves related person transactions per charter; no Taylor-specific related-party transactions disclosed .
- Legal/SEC compliance: No material proceedings involving Taylor; Section 16 compliance issues cited for certain insiders do not list Taylor .
RED FLAGS
- Controlled company status may reduce minority shareholder influence; however, CWD did not elect the exemption for majority-independent board in 2025, partially mitigating risk .