Thomas Strickler
About Thomas Strickler
Thomas Strickler (age 63) is an independent director of Entravision Communications Corporation, appointed in June 2023. He co-founded Endeavor Talent Agency in 1995 and served on its management committee until his departure in 2009; earlier, he was an agent at Creative Artists Agency, InterTalent and ICM. He is currently a Managing Director of Prime Focus World and serves on multiple nonprofit boards, including SCI-Arc, Glen Canyon Institute, Los Angeles Master Chorale, and UCLA’s School of Education and Information Studies Board of Advisors. The Board has affirmatively determined him to be independent under NYSE standards .
Past Roles
| Organization | Role | Tenure | Committees/Impact |
|---|---|---|---|
| Endeavor Talent Agency | Co-founder; Management Committee member | 1995–2009 | Built and led major agency franchise; media industry leadership |
| Creative Artists Agency; InterTalent; ICM | Agent | Not disclosed (prior to Endeavor) | Talent representation; industry network |
| Prime Focus World | Managing Director | Not disclosed | Creative services for film studios; operational/media expertise |
External Roles
| Organization | Role | Tenure | Notes |
|---|---|---|---|
| SCI-Arc | Board of Trustees | Not disclosed | Governance in education/design |
| Glen Canyon Institute | Board of Directors | Not disclosed | Environmental nonprofit governance |
| Los Angeles Master Chorale | Board of Directors | Not disclosed | Arts nonprofit governance |
| UCLA School of Education & Information Studies | Board of Advisors | Not disclosed | Advisory role in academia |
Board Governance
| Item | Detail |
|---|---|
| Independence | Independent director (NYSE standards) |
| Board meeting attendance | Board held 8 meetings in 2024; each incumbent director attended ≥75% of aggregate Board/committee meetings |
| Annual meeting attendance | Did not attend Entravision’s 2024 Annual Meeting; all other incumbent directors attended |
| Committees | Compensation Committee member (committee held 1 meeting and 3 written consents in 2024) ; Nominating/Corporate Governance Committee member (committee held 1 meeting and 1 written consent in 2024) |
| Chair roles | None (Compensation Committee chaired by Martha E. Diaz; Nominating chaired by Paul A. Zevnik) |
| Lead independent director context | Paul A. Zevnik served as presiding/lead independent director in 2024 executive sessions |
Fixed Compensation
| Component | Amount/Detail | Period/Date |
|---|---|---|
| Board cash fees (total) | $90,000 | FY 2024 |
| Policy context (non-employee director cash retainer) | Board retainer $75,000; Compensation Committee non-chair $7,500; Nominating/Corporate Governance Committee non-chair $7,500 | As amended; payable at annual meeting |
| Equity grant (RSUs) | 71,100 RSUs; grant-date fair value $155,000 | Granted May 30, 2024 |
| RSU vesting | Vests on earlier of May 30, 2025 or business day immediately preceding 2025 annual meeting | FY 2025 vest milestone |
Performance Compensation
| Component | Performance metrics | Vesting/Outcome |
|---|---|---|
| Director equity | No performance-based metrics disclosed; annual RSU retainers are time-based | Time-based vesting only |
Other Directorships & Interlocks
| Category | Detail |
|---|---|
| Public company boards | None disclosed |
| Nonprofit/academic boards | SCI-Arc (Trustee), Glen Canyon Institute (Director), Los Angeles Master Chorale (Director), UCLA SEIS (Advisor) |
| Shareholder interlock/nomination pathway | Company entered a Cooperation Agreement in May 2023 with the estate of former CEO Walter F. Ulloa, Alexandra Seros, and affiliated trusts; agreed to nominate their candidate, Thomas Strickler, to the Board |
| Related-party exposure via trust | Trustee of The Walter F. Ulloa Irrevocable Trust of 1996 holding 889,848 EVC Class A shares; has sole voting and dispositive power; disclaims beneficial ownership except pecuniary interest |
Expertise & Qualifications
- Media industry entrepreneurship and leadership (Endeavor co-founder; agency executive)
- Operational exposure in creative services (Managing Director, Prime Focus World)
- Governance experience across arts, education, and environmental nonprofits
- Board-designated independence; not identified as an audit committee financial expert
Equity Ownership
| Holder/Category | Shares | Notes |
|---|---|---|
| Direct holdings | 10,000 shares (Class A) | Owned of record |
| RSUs releasable ≤60 days from 4/17/2025 | 104,362 shares | Counted in beneficial ownership |
| Trust holdings (Trustee) | 889,848 shares (Class A) | Sole voting/dispositive power; beneficial ownership disclaimed except pecuniary interest |
| Total beneficial ownership | 1,004,210 shares; 1.23% of Class A outstanding as of 4/17/2025 | Based on 81,623,559 Class A shares outstanding |
| Outstanding director RSUs at 12/31/2024 | 71,100 RSUs | Granted 5/30/2024 |
| Ownership policy | Directors must hold stock equal to ≥4× regular annual cash retainer; includes RSUs and vested but unexercised options; measured after March 31 each year at closing price | |
| Hedging/pledging | Company policy prohibits hedging and pledging by directors/officers/employees |
Governance Assessment
- Independence and committee roles: Strickler is independent and serves on Compensation and Nominating/Corporate Governance—two high-leverage committees for pay and oversight, supporting board effectiveness .
- RED FLAG—shareholder interlock and trustee role: His nomination via a Cooperation Agreement with the estate/affiliated trusts of former CEO and his trustee control over 889,848 shares suggests potential influence from a major shareholder bloc; careful oversight of related-party matters and conflicted transactions is warranted .
- Attendance signal: Met ≥75% threshold for Board/committee meetings but did not attend the 2024 Annual Meeting; minor adverse signal on shareholder engagement expectations .
- Director pay alignment: Standard non-employee structure with cash retainer and time-based RSUs (no performance metrics). Ownership guidelines and anti-hedge/pledge policy support alignment, but individual compliance status not disclosed .
- Compensation Committee processes: Committee employs independent consultant Frederic W. Cook & Co., assessed for conflicts and paid $143,714 in 2024; structured peer review and market benchmarking indicates attention to pay governance (relevant given Strickler’s committee membership) .
- Section 16 compliance: Company reports timely compliance for directors in 2024 (late filings noted for certain executives, not directors), reducing regulatory risk perception around insider reporting .
- Shareholder sentiment context: Say-on-Pay support ~78% at May 30, 2024; while not director-specific, signal suggests moderate investor acceptance of compensation practices overseen by the Compensation Committee .
Overall, Strickler brings deep media-industry experience and nonprofit governance breadth, but his pathway onto the Board and trustee control over a significant share block associated with a major shareholder merits ongoing monitoring for potential conflicts. Engagement at annual meetings and transparent handling of related-party matters are focal points for investor confidence .