Amy Guggenheim Shenkan
About Amy Guggenheim Shenkan
Independent Class II director appointed May 17, 2025; member of EverCommerce’s Audit Committee. Background spans public-company directorships (RingCentral; prior Zuora and RB Global/Ritchie Bros.), private-equity advisory (Altamont Capital Partners), and executive leadership (President & COO, Common Sense Media; McKinsey digital transformation). Education: B.A., University of Michigan; M.B.A., Harvard Business School. The Board determined she is independent under Nasdaq rules and Rule 10A-3; upon her Audit Committee appointment the Company regained Nasdaq Audit Committee compliance .
Past Roles
| Organization | Role | Tenure | Committees/Impact |
|---|---|---|---|
| Altamont Capital Partners | Senior Advisor | Since Jun 2021 | Board roles at Hybrid Apparel; previously Byrider until sale Sep 2024 . |
| Common Sense Media | President & COO | Feb 2011 – Dec 2017 | Led operations; technology/media domain expertise . |
| McKinsey & Company | Digital transformation expert | Prior to 2011 | Digital strategy expertise . |
| Zuora, Inc. | Director | Jan 2022 – Feb 2025 (company sold) | Board service; technology sector oversight . |
| Ritchie Bros. Auctioneers/RB Global, Inc. | Director | Jul 2017 – May 2022 | Board service in auctions/industrial marketplace . |
| Wells Fargo; Travelocity | Executive roles (per press release) | Not disclosed | Innovation/digital roles cited by Company . |
External Roles
| Organization | Role | Start | Status |
|---|---|---|---|
| RingCentral, Inc. (NYSE: RNG) | Director | Dec 2024 | Current . |
| Pickles Auctions (Apax portfolio) | Director | Dec 2022 | Current . |
| Hybrid Promotions LLC (Hybrid Apparel) | Director | Not disclosed | Current via Altamont portfolio . |
| Byrider | Director | Not disclosed – Sep 2024 | Former; exited on sale . |
| Zuora, Inc. | Director | Jan 2022 | Former; exited Feb 2025 on sale . |
| RB Global, Inc./Ritchie Bros. Auctioneers | Director | Jul 2017 | Former; exited May 2022 . |
Board Governance
- Committee assignments: Audit Committee member; Board determined independence under Nasdaq and Rule 10A-3 .
- Audit Committee compliance: Her May 17, 2025 appointment restored Nasdaq Rule 5605(c)(2)(A) compliance following prior vacancy disclosed in the proxy .
- Controlled company context: EVCM relies on Nasdaq “controlled company” exemptions due to PSG and Silver Lake voting power; Nominating & Governance Committee not entirely independent; Compensation Committee is independent .
- Audit Committee remit: financial reporting oversight, auditor independence, risk (including cybersecurity), related-party transaction review; current committee includes Chair Richard A. Simonson and Penny Baldwin-Leonard .
- Board attendance baseline: In FY2024 the Board held 5 meetings; all then-directors attended ≥85% of Board and committee meetings (pre-dates Shenkan; next proxy will disclose her attendance) .
Fixed Compensation
| Component | Annual Amount | Notes |
|---|---|---|
| Board cash retainer | $55,000 | Paid quarterly in arrears; prorated for partial quarters . |
| Audit Committee member retainer | $20,000 | Additional to Board retainer; member (non-chair) . |
| Lead Independent Director retainer | $15,000 | Only if serving as Lead Independent Director (not applicable to Shenkan) . |
| Equity – Annual RSU grant | $200,000 | Granted at each annual meeting to eligible non-employee directors; vests by next annual meeting or first anniversary . |
Performance Compensation
| Equity Award | Value | Grant Date | Vesting | Performance Metrics |
|---|---|---|---|---|
| Initial RSU (upon appointment) | $300,000 | May 17, 2025 | Vests in full on May 17, 2026, subject to continued service; accelerates on Change in Control per policy . | None; time-based RSUs (no revenue/EBITDA/TSR metrics) . |
Change-in-control terms: All outstanding director RSUs vest in full immediately prior to a Change in Control under the director compensation policy .
Other Directorships & Interlocks
| Company | Sector | Potential Interlock/Conflict with EVCM | Notes |
|---|---|---|---|
| RingCentral, Inc. | UCaaS | No EVCM-related transactions disclosed; informational network benefits likely | Current public board . |
| Pickles Auctions | Industrial auctions | No EVCM-related transactions disclosed | Private company (Apax portfolio) . |
| Zuora, Inc. | Subscription management | Former; no EVCM transactions disclosed | Exited on sale Feb 2025 . |
| RB Global/Ritchie Bros. | Industrial marketplace | Former; no EVCM transactions disclosed | Exited May 2022 . |
| Altamont portfolio boards (Hybrid Apparel, Byrider) | Apparel, Auto finance | No EVCM transactions disclosed | Byrider exited Sep 2024 . |
EVCM’s Related Person Transaction Policy assigns review/approval to the Audit Committee; no related-party transactions involving Shenkan are disclosed .
Expertise & Qualifications
- Public-company board experience across SaaS, communications, marketplaces; PE portfolio governance .
- Digital transformation and innovation leadership (McKinsey; executive roles cited by company) .
- Senior operating experience (President & COO, Common Sense Media) .
- Education: B.A. (University of Michigan); M.B.A. (Harvard Business School) .
Equity Ownership
| Item | Status |
|---|---|
| Beneficial ownership at appointment | None; Form 3 filed shows no securities beneficially owned . |
| Initial RSU grant | $300,000 value; time-based vesting to May 17, 2026 . |
| Annual RSU policy | $200,000 RSU each annual meeting; time-based vesting . |
| Hedging/Pledging | Company anti-hedging policy prohibits directors from hedging or offsetting EVCM equity; no pledging disclosed . |
Governance Assessment
- Positive indicators: Independence and Audit Committee membership; appointment restored Nasdaq Audit Committee compliance; deep tech/digital transformation experience aligned with EVCM’s AI/product priorities .
- Alignment: Initial RSU and annual RSUs provide equity exposure; no holdings at appointment (Form 3) may indicate early-stage alignment building post-appointment .
- Structural risks: EVCM is a Nasdaq “controlled company”; sponsor designation and consent rights (PSG, Silver Lake) can influence governance (e.g., director nominations; certain major actions require sponsor consent), reducing full independence of Nominating & Governance Committee .
- Related-party/transactions: No Shenkan-related transactions disclosed; robust policy assigns Audit Committee oversight of related person transactions .
- Policies: Insider trading and anti-hedging policies in place; clawback policy aligned to SEC/Nasdaq (applies to executive incentive comp) .
Insider Filings
| Filing | Date | Key Disclosure |
|---|---|---|
| Form 3 (Initial Statement of Beneficial Ownership) | May 20, 2025 | No securities beneficially owned at time of appointment . |
Notes on Director Compensation Administration
- Cash retainers are paid quarterly in arrears and prorated for partial quarters; equity awards accelerate on Change in Control under the policy .
- Annual non-employee director compensation policy (as amended Feb 22, 2024; reaffirmed in Q2 2025) sets cash and equity levels referenced above .
RED FLAGS to Monitor
- Controlled company exemptions (reduced independence in Nominating & Governance) and sponsor consent rights can dampen minority shareholder influence .
- Ensure continued Audit Committee compliance (three qualified members) following any board changes; the Company had a prior vacancy and cure-period reliance before Shenkan’s appointment .