Ron Cook
About Ron Cook
Ron Cook, age 47, is GIPR’s Principal Financial and Accounting Officer and Vice President of Accounting and Finance. He was appointed Vice President of Accounting effective November 15, 2023 and began serving as Principal Financial and Accounting Officer effective January 1, 2024, under a non‑employee contract set to run through December 31, 2025 with an option to renew . Cook’s background spans CFO and strategic advisory roles at The Peebles Corporation (2019–2022), senior management at Riveron Consulting (2014–2018), finance and accounting roles at Jair Lynch, Hines Interests, and Ross Management, and audit at Reznick, Fedder and Silverman (now CohnReznick); he holds a BS in Finance (James Madison), an MS in Accounting (University of Maryland GC), and an MBA (UVA Darden) . Company documents do not disclose TSR, revenue growth, or EBITDA growth linked to his tenure, nor individual performance metrics tied to his compensation .
Past Roles
| Organization | Role | Years | Strategic Impact |
|---|---|---|---|
| The Peebles Corporation (private real estate developer) | CFO & Strategic Advisor | 2019–2022 | Oversaw all financial functions, acquisitions/development, and strategic initiatives |
| Riveron Consulting (boutique management consultancy) | Senior Manager | 2014–2018 | Led transaction advisory, IPO readiness/execution, and business strategy across industries |
| Jair Lynch Real Estate Partners; Hines Interests; Ross Management Services | Finance/Accounting roles | Pre‑2014 (years not individually specified) | Various finance and accounting responsibilities in real estate firms |
| Reznick, Fedder and Silverman (CohnReznick) | Auditor | Career start | Audited exclusively real estate clients |
External Roles
| Organization | Role | Years | Notes |
|---|---|---|---|
| Cook Financial Partners | Management consulting (founder/consultant) | 2008–present | Provides outsourced business and financial advisory services |
| One10 Advisors (Tampa accounting firm) | Consultant (provider of services to GIPR) | 2023–2024 (with auto‑renewal) | Engagement at $200/hour; services provided to GIPR until Nov 14, 2024 with single 12‑month automatic renewal; terminable by company at any time |
Fixed Compensation
| Metric | 2023 | 2024 | 2025 (Contract Terms) |
|---|---|---|---|
| Cash Compensation (Salary/Fees) | $26,000 | $240,000 | $20,000 per month through Dec 31, 2025, option to renew |
| Hourly Engagement (One10 Advisors) | $200/hour; terminable by company | — | — |
| Engagement Term | Nov 15, 2023 start; services until Nov 14, 2024; single 12‑month auto‑renewal | — | Non‑employee contract through Dec 31, 2025; option to renew |
| Bonus (Target/Actual) | None disclosed; actual $0 | None disclosed; actual $0 | None disclosed |
| Stock Awards (RSUs/Restricted Stock) | None | None | None |
Notes: 2023 hourly engagement and terms from the 8‑K/DEF 14A ; 2024/2023 compensation amounts from the Summary Compensation Table ; 2025 non‑employee contract and rate from DEF 14A .
Performance Compensation
| Incentive Type | Metric | Weighting | Target | Actual | Payout | Vesting |
|---|---|---|---|---|---|---|
| Annual performance bonus | Not disclosed for Ron Cook | — | — | — | None paid (2023–2024) | — |
| PSUs/Performance Shares | None disclosed | — | — | — | — | — |
| Options | None outstanding (vested or unvested) for executive officers | — | — | — | — | — |
| Time‑based RSUs/Restricted Stock | None disclosed for Ron Cook | — | — | — | — | — |
The company emphasizes equity incentives broadly but did not grant Ron Cook equity in 2023–2024; executive officers had no options outstanding, and unvested stock awards disclosed pertain to other named executive officers .
Equity Ownership & Alignment
| Date | Shares Beneficially Owned | Ownership % | Vested vs Unvested | Pledged/Hedged | Notes |
|---|---|---|---|---|---|
| Oct 11, 2024 (5,423,188 shares outstanding) | — (no shares) | <1% (asterisk) | None | Hedging/short sales/options prohibited by Insider Trading Policy | Principal stockholders table shows “Ron Cook” with “-” shares |
| Oct 22, 2025 (5,447,772 shares outstanding) | — (no shares) | <1% (asterisk) | None | Hedging/short sales/options prohibited by Insider Trading Policy | Principal stockholders table shows “Ron Cook” with “-” shares |
Stock ownership guidelines for executives were not disclosed. Anti‑hedging policy prohibits hedging transactions, short sales, and publicly traded options involving company equity; pledging was not specifically addressed in the proxy excerpt .
Employment Terms
| Term | Detail |
|---|---|
| Appointment | Vice President of Accounting effective Nov 15, 2023; Principal Financial and Accounting Officer effective Jan 1, 2024 |
| Contract Type | Non‑employee contract; One10 Advisors engagement in 2023–2024; direct non‑employee contract for 2025 |
| 2024 Engagement | One10 provides services to GIPR until Nov 14, 2024 with a single 12‑month automatic renewal; rate $200/hour; terminable by company at any time |
| 2025 Engagement | Continues through Dec 31, 2025; rate $20,000 per month; option for renewal |
| Severance/Change‑of‑Control | Not disclosed for Ron Cook; CEO severance and change‑of‑control economics provided separately and not applicable to Cook |
| Non‑compete/Non‑solicit | Not disclosed for Ron Cook |
| Clawback | Not disclosed for Ron Cook; no compensation recovery policy cited for him |
Investment Implications
- Pay‑for‑performance alignment appears limited: Cook’s compensation is entirely cash‑based with no disclosed bonus payouts, equity grants, or performance‑linked incentives for 2023–2024; a fixed non‑employee retainer at $20,000/month persists through 2025 .
- Retention risk is moderate: engagement terms are time‑bound and, historically, terminable by the company; the 2025 contract provides continuity through year‑end 2025 but remains non‑employee with option to renew, which can ease transition risk but does not embed equity‑based retention .
- Insider selling pressure is negligible: no beneficial ownership, outstanding options, or unvested RSUs for Cook; anti‑hedging policy further reduces derivative activity risk .
- Governance context: while Cook’s arrangements present low alignment via equity, company‑level related‑party items (e.g., CEO loans/guarantee fees) may be relevant to overall governance diligence though not directly tied to Cook’s compensation; investors should monitor compensation committee practices and future equity grant policy usage .
Overall, Ron Cook’s role is structured as a non‑employee principal financial officer with fixed cash compensation and no performance equity—supporting operational continuity but offering limited shareholder alignment via “skin‑in‑the‑game.” Future equity participation, if adopted, would improve alignment and potentially retention.