Lina Young
About Lina Young
Independent director of Enterprise Financial Services Corp (EFSC), age 60, serving since 2022. Former Senior Vice President and Chief Information Officer of Peabody Energy (NYSE: BTU) from July 2010 to August 2021; holds a B.S. in Computer Science (Tulane) and dual M.S. degrees in Information Management and Telecommunications (Washington University). Brings deep information technology and cybersecurity risk expertise to EFSC’s board .
Past Roles
| Organization | Role | Tenure | Committees/Impact |
|---|---|---|---|
| Peabody Energy (NYSE: BTU) | Senior Vice President & Chief Information Officer | Jul 2010 – Aug 2021 | Led enterprise IT; experience in cybersecurity risk management |
| NPower (Regional Board) | Non-profit board member | 2015 – 2019 | Workforce development in digital careers; community engagement |
External Roles
| Organization | Role | Tenure | Committees/Impact |
|---|---|---|---|
| ABC to CEO | Board member (non-profit) | Since Feb 2023 | Preparing young women for leadership roles; governance exposure |
| Public company directorships | None disclosed | — | EFSC discloses no other current public company board roles for Young |
Board Governance
- Independence: Determined independent under Nasdaq Rule 5605(a)(2); all nominees except the CEO are independent .
- Committee assignments (2024): Nominating & Governance Committee (member; committee met 6x) ; Risk Committee (member; committee met 4x) .
- Chair roles: None disclosed for Young; Nominating & Governance chaired by Sandra A. Van Trease; Risk chaired by Robert E. Guest .
- Board structure and leadership: Independent Chair of the Board (Michael A. DeCola) since May 2023; Board met 6 times in 2024 and held periodic executive sessions .
- Attendance: All incumbent directors attended at least 75% of Board and applicable committee meetings in 2024 .
Fixed Compensation
| Component | Amount/Policy | Notes |
|---|---|---|
| Annual retainer (non-employee directors, 2024) | $110,000 | Paid in July for 12-month service period |
| Chair retainer (Board Chair, 2024) | $180,000 | Applies to Chair’s service (DeCola) |
| Committee retainers (per committee) | Audit: Chair $18,000; Member $7,500 | Annual, for service on committee |
| Risk: Chair $18,000; Member $7,500 | ||
| Human Capital & Compensation: Chair $15,000; Member $5,000 | ||
| Nominating & Governance: Chair $15,000; Member $5,000 | ||
| Equity portion of director pay | Minimum ≈$60,000 in EFSC shares unless elect 100% in shares | Shares granted on payment date; fully vested upon grant |
| 2024 Director Compensation (Young) | Cash Fees | Stock Awards (Grant-Date Fair Value) | Total |
|---|---|---|---|
| Lina A. Young | $62,528 | $59,972 | $122,500 |
Shares used for director compensation are fully vested upon grant; number of shares depends on fair market value at grant .
Performance Compensation
- No performance-based compensation disclosed for non-employee directors; equity grants are time-vested and fully vested upon grant (not subject to performance conditions) .
Other Directorships & Interlocks
| Category | Detail |
|---|---|
| Current public company boards | None disclosed for Young |
| Committee interlocks | Compensation committee interlocks: none reported in 2024 (company-wide disclosure) |
Expertise & Qualifications
- Core expertise: Information technology and cybersecurity risk; enterprise systems leadership .
- Education: B.S. Computer Science (Tulane); M.S. Information Management and M.S. Telecommunications (Washington University) .
Equity Ownership
| Holder | Common Shares Beneficially Owned | Ownership % |
|---|---|---|
| Lina A. Young | 3,500 | <1% (as of Mar 21, 2025) |
- Stock ownership guidelines: Non-Employee Directors are expected to own 5× cash retainer ($50,000) within five years; directors must show progress toward compliance .
- Hedging/pledging: Directors are prohibited from hedging and subject to pledging restrictions under the Insider Trading Policy .
Governance Assessment
- Strengths: Independent director with specialized IT/cyber risk expertise placed on Risk Committee—aligned with EFSC’s risk oversight needs . Independent board leadership via an independent Chair; periodic executive sessions; committee membership independence standards met . Director pay emphasizes equity ownership (≈$60k in stock, fully vested), promoting alignment .
- Engagement: Board (6 meetings), Risk (4), and Nominating & Governance (6) meetings in 2024, with directors meeting minimum attendance thresholds; signals active governance processes .
- Shareholder signals: 2024 Say-on-Pay approval at 96% indicates broad investor support for EFSC’s compensation governance framework (macro governance indicator) .
- Related-party safeguards: Loans to related persons conducted on market terms and overseen by Audit Committee per policy; Audit Committee reviews related-party transactions; no specific related-party exposure disclosed for Young in the proxy .
- Red flags: None disclosed specific to Young (no public company interlocks; no performance-conditioned director equity that could encourage short-termism; hedging/pledging restricted) . Continue monitoring for any related-party transactions or deviations from stock ownership guideline progress as EFSC transitions board size to 11 directors .