Kyle Haug
About Kyle Haug
Kyle Haug (age 43) is an independent director of Dominari Holdings Inc. (DOMH) and has served on the Board since 2023; he currently chairs the Audit Committee and is designated an “audit committee financial expert” under SEC/Nasdaq rules . He is COO, CTO, and CMO of Haug Partners LLP, an intellectual property law firm; he holds a B.S. in Administration of Justice from Penn State and has longstanding non-profit and club committee involvement (American Museum of Natural History Junior Council; Metropolitan Club; Plandome Country Club; Haug Family Foundation) .
Past Roles
| Organization | Role | Tenure | Committees/Impact |
|---|---|---|---|
| Haug Partners LLP | Chief Operating Officer | Not disclosed (current) | Executive operator of IP-focused law firm |
| Haug Partners LLP | Chief Technology Officer | Not disclosed (current) | Technology leadership for operations at scale |
| Haug Partners LLP | Chief Marketing Officer | Not disclosed (current) | Growth and marketing oversight |
External Roles
| Organization | Role | Tenure | Notes |
|---|---|---|---|
| American Museum of Natural History | Junior Council member | Over a decade (not precisely dated) | Civic/arts engagement |
| Metropolitan Club | Committee member | Not disclosed | Governance/committee participation |
| Plandome Country Club | Committee member | Not disclosed | Governance/committee participation |
| Haug Family Foundation | Committee member | Not disclosed | Philanthropic governance |
| Other public company boards | None | N/A | No other reporting company directorships in past five years |
Board Governance
- Independence: The Board has determined Haug is independent under applicable Nasdaq rules .
- Audit Committee: Member and Chair (2025); committee comprised solely of independent directors; Haug designated “audit committee financial expert” .
- Compensation Committee: Member (2025), committee comprised solely of independent directors .
- Investment Committee: Member (2025) .
- Executive Sessions: Non-management directors meet in executive session at each quarterly Board meeting .
- Attendance: In 2024, each incumbent director attended at least 75% of Board and committee meetings; Board met 3 times, Audit 4, Compensation 4, Investment 1, Nominating 0 . In 2023, each incumbent director attended at least 75% of meetings .
| Committee | 2024 Status | 2025 Status |
|---|---|---|
| Audit | Member (committee then had 3 independent directors; Chair was Tim Ledwick) | Chair; committee of 2 independent directors (Haug, Parsley) |
| Compensation | Member (with Chair Robert Dudley) | Member (Chair Brian Parsley) |
| Nominating & Governance | Not listed as member | Not listed as member |
| Investment | Member | Member |
Fixed Compensation
| Metric | FY 2023 | FY 2024 |
|---|---|---|
| Annual Director Retainer (cash) | $10,833 | $65,000 |
| Chairman of the Board Additional Retainer (cash) | $5,000 (policy; paid to Chairman, not Haug) | $5,000 (policy; paid to Chairman, not Haug) |
| Committee/Chair Fees | Not disclosed | Not disclosed |
| Meeting Fees | Not disclosed | Not disclosed |
- Director compensation schedule shows non-employee directors are paid via cash retainer; no equity or options awards recorded for Haug in 2024 .
Performance Compensation
| Metric | FY 2023 | FY 2024 |
|---|---|---|
| Non-Equity Incentive Plan Compensation ($) | $0 (no director NEIP comp reported) | $0 (no director NEIP comp reported) |
| Performance Metrics Tied to Director Compensation | Not disclosed | Not disclosed |
| Clawbacks / Recoupment (Director Compensation) | Not disclosed | Not disclosed |
Directors are compensated principally via cash retainers; there are no disclosed performance-based director incentives or related metrics for Haug .
Other Directorships & Interlocks
| Category | Detail |
|---|---|
| Other public reporting company boards (current/past 5 years) | None |
| Shared directorships with competitors/suppliers/customers | Not disclosed; no interlocks identified for Haug |
| Related party transactions (Board context) | Board approves related party transactions; the company did not adopt written policies and procedures for related person transactions |
Expertise & Qualifications
- Audit Committee Financial Expert designation; chairs Audit Committee, signaling depth in financial reporting and controls .
- Operations, technology, and marketing leadership experience at Haug Partners LLP, relevant to process discipline and scalability .
- Independent director status; serves on key oversight committees (Audit, Compensation, Investment) .
Equity Ownership
| Holder | Common Shares | Warrants (exercisable ≤60 days) | Options (exercisable ≤60 days) | % of Common Outstanding |
|---|---|---|---|---|
| Kyle Haug | 24,409 | 28,818 | Not disclosed for Haug (none listed in 2025 footnotes) | <1% (“*” flagged as less than 1%) |
| Context: Shares Outstanding (Record Date) | 15,998,027 common shares |
- Total beneficial ownership for Haug: 53,227 shares (includes 24,409 common and 28,818 warrants exercisable within 60 days) .
- Pledging/hedging: Not disclosed in proxy; no pledging noted for Haug .
- Section 16 compliance: Company reports timely filings in 2024 for directors, with one late Form 3 by an officer (not Haug) due to administrative error .
Governance Assessment
- Strengths
- Independent director with elevated oversight responsibility as Audit Committee Chair; designated financial expert enhances credibility over financial reporting and control environment .
- Consistent committee engagement (Audit, Compensation, Investment) and at least 75% meeting attendance supports active oversight .
- Regular executive sessions among non-management directors provide a forum for independent challenge and risk oversight .
- Alignment and incentives
- 2024 compensation for Haug is entirely cash-based ($65,000) with no equity awards, which may limit direct pay-for-performance linkage at the director level; however, he holds personal common shares and warrants, providing some economic alignment .
- Risks / RED FLAGS (Board-level context)
- The company has not adopted written policies and procedures specifically for related person transactions; while the Board approves related party transactions, lack of formal policy is a governance weakness that can impair consistency and investor confidence .
- Ongoing related-party activities (e.g., historical Revere Securities relationships tied to another director, pooled vehicles managed by related parties) heighten the need for rigorous Audit Committee oversight; these disclosures are not linked to Haug personally but require strong committee discipline .
- Employee loans and management of related party SPVs/fees indicate complexity and potential conflicts, increasing reliance on Audit and Compensation Committee oversight frameworks .
- Net view
- Haug’s independence, audit chair role, and financial expert designation are positives for board effectiveness. The absence of formal related-party transaction policies and the company’s related-party footprint raise governance risk that places added importance on Haug’s committee leadership and monitoring rigor .
Director Compensation (Detail for Haug)
| Component | FY 2023 | FY 2024 |
|---|---|---|
| Fees earned or paid in cash ($) | $10,833 | $65,000 |
| Stock Awards ($) | $0 | $0 |
| Option Awards ($) | $0 | $0 |
| Non-Equity Incentive Plan Compensation ($) | $0 | $0 |
| Non-Qualified Deferred Compensation Earnings ($) | $0 | $0 |
| All Other Compensation ($) | $0 | $0 |
| Total ($) | $10,833 | $65,000 |
Additional Board & Meeting Data (Context)
| Metric | FY 2023 | FY 2024 |
|---|---|---|
| Board meetings held | 5 | 3 |
| Audit Committee meetings | 4 | 4 |
| Compensation Committee meetings | 1 | 4 |
| Investment Committee meetings | 1 | 1 |
| Nominating Committee meetings | 0 | 0 |
| Director attendance (incumbents) | ≥75% | ≥75% |
Notes on Board Composition and Independence
- Current Board (2025): Hayes (CEO/Chair), Parsley (independent), Wool, Blattner (independent), Haug (independent); key committees (Audit, Compensation, Nominating) are solely independent directors .
- Directors Standing/Not Standing for Election: Haug listed as director since 2023 in 2025 proxy summary .
Section 16 and Ownership Disclosure
- Beneficial ownership detail confirms Haug’s sub-1% position and warrants exercisable within 60 days, consistent with SEC Rule 13d-3 presentation .
- Section 16 compliance indicates timely filings for directors in 2024 (exception relates to an officer) .