Maria Ferreras
e.l.f. BeautyAbout Maria Ferreras
Independent Class II director at e.l.f. Beauty since August 22, 2024; age 53. Ferreras is Global Head of Partnerships at Netflix and previously led YouTube Partnerships at Google and TV & Media at Orange, bringing nearly 30 years of international partnership, digital media, and go-to-market leadership. She holds a Master’s in Telecommunications Software Engineering (Universidad Politécnica de Madrid), a Marketing postgraduate (ESIC), and a Corporate Director Certificate (Harvard Business School). She serves on e.l.f.’s Nominating & Corporate Governance Committee; the Board has determined she is independent under NYSE rules and not over‑boarded per major investor guidelines .
Past Roles
| Organization | Role | Tenure | Committees/Impact |
|---|---|---|---|
| Netflix, Inc. | Global Head of Partnerships | Jun 2021–present | Scaled global commercial partnerships to drive subscriber growth and ecosystem reach (as described) |
| Netflix, Inc. | Global Head, Business Development | Feb 2021–Jun 2021 | Transition leadership for global BD |
| Netflix, Inc. | VP, Business Development, EMEA | Apr 2017–Feb 2021 | Led regional growth partnerships across EMEA |
| Alphabet (Google) | Director, YouTube Partnerships | Jan 2007–Apr 2017 | Built creator/media partner monetization and distribution |
| Orange S.A. | Director, TV & Media | Feb 2005–Jan 2007 | Operated pay TV/media offerings |
External Roles
| Organization | Role | Tenure | Notes |
|---|---|---|---|
| Public company boards | — | — | No other public company directorships disclosed |
| Recognition | Top 100 Most Influential Latinos (Bloomberg/ALPFA) | — | Professional recognition disclosed |
Board Governance
| Attribute | Details |
|---|---|
| Board class/term | Class II; term ends at 2027 annual meeting |
| Committees | Nominating & Corporate Governance (member) |
| Independence | Independent under NYSE standards; Board found no material relationship |
| Attendance | All directors (including Ferreras for her period of service) attended ≥75% of Board/committee meetings in FY2025 |
| Executive sessions | Non‑management directors meet in executive session on a regularly scheduled basis |
| Over‑boarding | Board states none of nominees/directors are “over‑boarded” per major investor thresholds |
Fixed Compensation (Non‑Employee Director Program and FY2025 Actuals)
| Component | Policy / Amount | Ferreras FY2025 Actual | Notes |
|---|---|---|---|
| Annual cash retainer | $45,000 | $27,321 | Pro‑rated from Aug 22, 2024 appointment |
| NomGov committee member retainer | $3,000 | Included in cash total | Pro‑rated per service; paid quarterly |
| Equity retainer (time‑based RSUs) | $140,000 grant date fair value | $139,931 | RSUs time‑vest; pro‑rated for new directors |
| Total FY2025 director comp | — | $167,252 | Sum of cash + equity |
| RSUs outstanding (3/31/2025) | — | 821 | 100% scheduled to vest at 2025 annual meeting |
| Vesting mechanics | RSUs vest at earlier of 1 year from prior annual meeting or immediately prior to next annual meeting | Applies | Change‑in‑control: full vesting immediately prior to closing |
Directors may elect to receive cash retainers in RSUs; Ferreras’ table does not indicate such election (footnote (3) applies to other directors) .
Performance Compensation
- Not applicable for directors: equity awards are time‑vested RSUs; no director performance metrics or PSUs disclosed .
Other Directorships & Interlocks
| Category | Detail |
|---|---|
| Current public company boards | None disclosed |
| Prior public company boards | Not disclosed |
| Committee roles at other companies | Not disclosed |
| Interlocks / related parties | Board determined no material relationships; no related‑party transactions beyond standard compensation |
Expertise & Qualifications
- Skill matrix: Info Services & Technology; International Business; Legal/Regulatory; Marketing/Sales/Business Development; Operations; Risk Management; Senior Leadership; Shareholder Advocacy; Strategic Planning; Tech/Digital Media .
- Education: Master’s in Telecommunications Software Engineering (UPM), Marketing Postgraduate (ESIC), Corporate Director Certificate (HBS) .
Equity Ownership
| Measure | Value |
|---|---|
| Total beneficial ownership (6/27/2025) | 821 shares (all from RSUs vesting within 60 days) |
| Ownership % of outstanding | <1% (based on 56,734,893 shares outstanding) |
| Common shares held outright | 0 (as of measurement date) |
| Options (exercisable/unexercisable) | 0 / 0 |
| RSUs (3/31/2025) | 821 unvested (scheduled to vest at 2025 annual meeting) |
| Hedging/pledging | Prohibited for directors under Insider Trading Program |
| Stock ownership guideline | 5x annual cash retainer; directors have until March 31 of the fiscal year in which the 5th anniversary of start date falls to comply (Ferreras appointed Aug 22, 2024) |
Insider Trades and Section 16 Compliance
| Item | Status |
|---|---|
| Section 16(a) filings in FY2025 | Company states all required insider filings were timely; no delinquencies |
| Reported Form 4 activity in proxy | Not itemized in proxy; see SEC filings for transaction detail |
Related‑Party Transactions and Conflicts
- Policy requires Audit Committee review/approval for any RPT >$120,000; FY2025 disclosure lists only standard compensation to directors/executives—no other RPTs involving directors reported .
- Independence affirmations and absence of material relationships further reduce conflict risk .
Say‑on‑Pay and Investor Feedback (Context)
- 2024 say‑on‑pay received ~94% approval; ongoing shareholder engagement cited by the company .
- Compensation Committee independence and consultant independence affirmed; no interlocks with management of other companies in FY2025 .
Governance Assessment
- Strengths for investor confidence: independence; relevant digital/media and international partnership expertise aligned with e.l.f.’s growth channels; service on NomGov supports board refreshment/ESG oversight; attendance ≥75%; hedging/pledging prohibited; clear stock ownership policy .
- Alignment and incentives: director pay balanced between cash and time‑vested RSUs; change‑in‑control vesting is standard; ability to take cash in RSUs enhances alignment; ownership guideline of 5x retainer is robust .
- Watch items: current ownership is low (new director with 821 RSUs), though within the five‑year compliance window; monitor accumulation toward guideline. Also monitor potential time‑commitment given full‑time Netflix role; Board states no over‑boarding concerns at present .
- Red flags: None disclosed—no RPTs, no hedging/pledging, no Section 16 delinquencies, and independence affirmed .