Greg Nixon

About Greg Nixon

Gregory Nixon, 61, has served as a director of Eos Energy Enterprises since 2024; he is currently Chief Administrative Officer and Chief Legal Officer of M1 Support Services, LP, and previously held senior roles at Cerberus (Head of Strategic Investments, Senior Managing Director, Senior Legal Counsel) and served as a managing director of Cerberus Operations and Advisory Company . He holds a B.S. from Tuskegee University and a J.D. from Georgetown University Law Center, is a retired Air Force JAG (Lt. Colonel), and has taught as an adjunct professor of law at Howard University Law School . The Board has determined Mr. Nixon is independent under Nasdaq and SEC rules .

Past Roles

External Roles

Board Governance

• Independence: The Board determined ten of eleven directors, including Greg Nixon, are independent under Nasdaq and SEC rules .
• Appointment status: Nixon is one of three “Preferred Directors” appointed exclusively by the holder of Investor Preferred Stock (Cerberus/CCM Denali), alongside Nick Robinson and David Urban .
• Committee assignments: Nixon serves on the Nominating and Corporate Governance Committee; he is not on Audit or the Leadership Development & Compensation Committee .
• Committee meeting cadence (2024): Audit (4), Compensation (5), Nominating & Corporate Governance (6) .
• Board activity and attendance: The Board met 26 times in 2024; overall Board and committee attendance was 81%; all directors attended the 2024 annual meeting .
• Executive sessions: Independent directors meet in executive session at least twice per year; sessions are presided over by the independent Board Chair (Russ Stidolph) .

Committee Membership Detail

Fixed Compensation

• Director Compensation Policy: Annual cash retainer $25,000 and annual equity retainer of $150,000 (RSUs), determined using 10‑day VWAP; RSUs vest on the earlier of 1‑year from grant or immediately prior to next annual meeting; accelerated vesting upon change in control .
• Chairperson Grants (equity RSUs): Board chair and Audit chair $50,000; Compensation and Nominating & Governance chairs $25,000; effective beginning with the service year at the Annual Meeting .
• Grant timing: 2024 Equity Retainers and Chairperson Grants were granted July 25, 2024; future grants generally in May .
• Preferred Director compensation: In accordance with Cerberus internal policies, Greg Nixon and Nick Robinson did not accept director compensation for 2024 .

Performance Compensation

• Performance metrics tied to director pay: None disclosed for non‑employee directors; equity retainer consists entirely of time‑vested RSUs .
• Change‑of‑control treatment: Accelerated vesting for director RSUs upon change in control .

Other Directorships & Interlocks

Expertise & Qualifications

• Strategic investing and governance: Extensive experience in executive leadership and strategic investments across defense, technology, and security sectors .
• Legal and military credentials: J.D. (Georgetown), retired Air Force JAG (Lt. Colonel), adjunct law professor (Howard University) .
• Board qualifications: The proxy cites his executive leadership and strategic investing background as qualifications for Board service .

Equity Ownership

• Hedging/pledging policy: Company policy prohibits hedging transactions and pledging of company securities by directors and employees .

Insider Trades

Governance Assessment

• Positive signals

  • Independent director per Nasdaq/SEC; separation of Chair and CEO with independent Chair; executive sessions at least twice per year .
  • Director equity compensation structure (where accepted) uses fixed RSU retainer with no options or performance manipulation; no tax gross‑ups in equity plan; option/SAR repricing prohibited .
  • Hedging and pledging prohibited, supporting alignment with shareholders .

• Potential conflicts and red flags

  • Preferred Director appointment by a controlling shareholder (Cerberus/CCM Denali) with significant ownership and financing relationships could create perceived influence; Nixon is one of three Preferred Directors appointed exclusively by the holder of Investor Preferred Stock .
  • Nixon serves on the Nominating & Corporate Governance Committee that reviews related person transactions while Cerberus‑related agreements and appointments are material to the Company; robust policy exists, but recusal practices are not described in the proxy .
  • Beneficial ownership for Nixon shows “—” and <1%; combined with no director compensation accepted (per Cerberus policy), this may limit direct “skin‑in‑the‑game” alignment compared to directors with RSUs or share holdings .

• Board engagement

  • Board met 26 times in 2024; overall Board/committee attendance 81%; all directors attended 2024 annual meeting—indicates active calendar, though attendance rate suggests room to improve participation .

• Overall implication

  • Cerberus’s governance and financing footprint is significant, and Nixon’s Preferred Director status embeds investor representation on the Board; while the Board affirms independence, investors should monitor committee oversight of related‑party matters, milestone‑linked financing impacts, and any changes in Preferred Director rights or ownership concentration .