Angela Blanton

About Angela Blanton

Angela Blanton (age 54) has served as an independent director of GCM Grosvenor Inc. since November 2020. She is Vice President for Finance and Chief Financial Officer at Carnegie Mellon University (since 2017; interim in 2016), with 20+ years of experience spanning finance, project management, and engineering across higher education, financial services, and manufacturing. She holds a B.S. in Electrical Engineering from the University of Michigan and an MBA from Carnegie Mellon’s Tepper School of Business .

Past Roles

External Roles

Board Governance

• Independent director under Nasdaq rules; meets heightened independence for audit committee membership .
• Audit Committee member; committee chaired by David A. Helfand. Committee responsibilities include financial reporting, auditor oversight, cybersecurity/information security risk, and related person transactions .
• Audit Committee financial expert designation (with Cornelli and Helfand) .
• Board meetings in 2024: 5; Audit Committee: 4. Each director attended at least 75% of aggregate Board and committee meetings; Blanton attended the 2024 annual meeting of stockholders .
• Lead Independent Director: Samuel C. Scott III .
• Controlled company: GCMG does not maintain independent compensation or nominating committees; director slate designated by GCM V pursuant to Stockholders’ Agreement until Sunset Date .

Fixed Compensation

Performance Compensation

Other Directorships & Interlocks

• Public company boards: none disclosed for Blanton .
• Non-profit/academic roles listed above; no disclosed interlocks with GCMG competitors, suppliers, or customers for Blanton .

Expertise & Qualifications

• CFO experience (Carnegie Mellon; prior PNC Investments Brokerage CFO) .
• Audit Committee Financial Expert designation under SEC/Nasdaq rules .
• Technical training in electrical engineering; MBA in finance/management .
• Governance and civic engagement through board service noted above .

Equity Ownership

| Holder | Class A Shares Owned | Combined Voting Power | RSUs/Deferred Units | Notes | |---|---:|---:|---| | Angela Blanton | 13,902 | <1% (asterisked in table) | 91,324 fully vested RSUs deferred; 86,883 outstanding RSUs at 12/31/24 | Footnote indicates deferred delivery elections; outstanding RSUs balance reflects year-end status; “less than 1%” per proxy ownership table . |

• No pledged shares indicated for Blanton; proxy notes pledging applies to entities controlled by Michael Sacks (not Blanton) .

Governance Assessment

• Strengths:

  • Independence and audit committee financial expertise; active service on audit committee including signatory to Audit Committee report .
  • Consistent meeting attendance (≥75%) and participation in annual meeting; signals engagement .
  • Anti-hedging/anti-pledging policy applies to directors; company adopted clawback policy compliant with Nasdaq Listing Rule 5608 .
  • Director compensation aligns with equity via RSU election/deferment, increasing ownership alignment .

• Concerns/RED FLAGS:

  • Controlled company structure: no independent compensation or nominating committee; director slates designated by GCM V under Stockholders’ Agreement—potential constraint on board independence and investor influence .
  • Related-party transactions at the firm level involve other directors (insurance broker, HQ lease, private aircraft via Holdings), requiring vigilant audit committee oversight; no direct ties disclosed for Blanton, but systemic related-party exposure is present .
  • Fee increases effective 2025 (director and committee fees) raise fixed board costs; monitoring pay-for-service balance and equity mix remains prudent .

• Shareholder signals:

  • 2024 say-on-pay approval at 91% indicates generally supportive investor sentiment on executive pay framework; relevant to overall governance climate, though not director-specific .

Overall: Blanton’s finance background and audit committee expertise support board effectiveness on financial oversight and related-party review, which is critical given GCMG’s controlled status and interconnected transactions. The primary governance risk is structural (controlled company exemptions), not director-specific; continued transparency and rigorous audit committee practices—where Blanton serves—are key mitigants .

Appendix Tables

Board Committees and Attendance

Director Compensation Detail (2024)

Policies Affecting Alignment and Risk