Jennifer Storms
About Jennifer Storms
Independent Class I director appointed June 2, 2025; currently Chief Marketing Officer of NBCUniversal Television & Streaming. The Board determined she is independent under NYSE rules and appointed her to the Nominating & Corporate Governance Committee. Tenure on DV’s board began June 2, 2025; age and education not disclosed.
Past Roles
| Organization | Role | Tenure | Committees/Impact |
|---|---|---|---|
| NBCUniversal | CMO, Entertainment & Sports (prior) | Not disclosed | Led brand strategy and subscriber growth initiatives |
| PepsiCo | Senior marketing positions | Not disclosed | Brand leadership (not further specified) |
| Gatorade | Senior marketing positions | Not disclosed | Sports marketing expertise |
| Turner Sports | Senior marketing positions | Not disclosed | Media and sports marketing |
External Roles
| Organization | Role | Tenure | Committees/Impact |
|---|---|---|---|
| NBCUniversal Television & Streaming | Chief Marketing Officer | Current | Chairs NBCU Marketing Council; drives cross-platform engagement and subscriber growth, including Peacock |
Board Governance
- Committee memberships: Nominating & Corporate Governance Committee (appointed effective June 2, 2025). No chair roles disclosed.
- Independence: Board determined she is independent under NYSE rules.
- Attendance and engagement: DV’s Board held four meetings in 2024; each current director attended at least 75% of Board and committee meetings. Executive sessions of non-management directors are regularly held. (Storms joined in 2025; her attendance to date not yet disclosed.)
- Board structure: Classified board (Classes I–III) with pledge to sunset classified structure within three years; non-executive Chairperson (R. Davis Noell). Storms serves as a Class I director with term expiring at the 2028 annual meeting.
Fixed Compensation
| Component | Amount | Notes |
|---|---|---|
| Annual Board Cash Retainer | $40,000 | Standard non-employee director program |
| Committee Member Cash Retainer | Audit: $10,000; Compensation: $7,500; Nominating & Governance: $5,000 | Storms is on Nominating & Governance (member rate $5,000) |
| Committee Chair Cash Retainer | Audit: $20,000; Compensation: $15,000; Nominating & Governance: $10,000 | Applies only if serving as chair (none disclosed for Storms) |
| First-year cash/equity proration | Prorated | Storms will receive prorated annual compensation for her first year on the Board |
Performance Compensation
| Equity Type | Grant Value | Vesting | Performance Metrics |
|---|---|---|---|
| Initial RSU grant (new director) | $200,000 | 1-year vesting | None (time-based) |
| Annual RSU grant | $200,000 | 1-year vesting | None (time-based) |
Other Directorships & Interlocks
| Company | Relationship | Role | Potential Interlock/Conflict |
|---|---|---|---|
| NBCUniversal (subsidiary of Comcast) | Employer | CMO, Television & Streaming | DV operates in digital media/CTV measurement; 8‑K states no related-party transactions requiring Item 404(a) disclosure at appointment; monitor any future commercial dealings for independence considerations |
Expertise & Qualifications
- 25+ years at the intersection of media, marketing, and sports; recognized by Adweek (Most Powerful Women in Sports) and SBJ Forty Under 40 Hall of Fame.
- Deep brand leadership and customer-first orientation aligned with DV’s CTV growth strategy.
Equity Ownership
- Beneficial ownership for Storms not yet disclosed in DV’s 2025 proxy ownership table (as of March 25, 2025). She participates in the standard director RSU program with time-based vesting.
- Stock ownership and trading policies: DV maintains director stock ownership guidelines and prohibits hedging/pledging without pre-clearance; NQDC plan allows directors to defer cash fees and equity settlement. (Specific guideline multiples not disclosed in the cited section.)
Governance Assessment
- Positive signals: Independence under NYSE rules; placement on Nominating & Governance Committee; no Item 404(a) related-party transactions at appointment; director compensation is balanced cash/RSU with time-based vesting; strong external domain expertise in CTV.
- Monitoring items: As CMO of a major media owner, any future DV–NBCUniversal commercial transactions should be reviewed for related-party exposure and recusal to protect independence; attendance metrics for Storms will be observable starting with 2025 meetings disclosures.
No severance provisions, change-in-control terms, or tax gross-ups are disclosed for directors; DV’s governance policies include clawback (executive focus), hedging/pledging restrictions, and annual Say‑on‑Pay (executive compensation), with 93.5% approval in 2024—indicative of broader investor confidence in DV’s pay practices.