Marty Chavez

About R. Martin “Marty” Chávez

Independent director at Alphabet since 2022; age 61. Partner and Vice Chairman of Sixth Street (since May 2021); previously Chief Information Officer, Chief Financial Officer, and global co‑head of the Securities Division at Goldman Sachs (2005–2019). Education: Harvard BA (biochemical sciences), Harvard MS (computer science), Stanford PhD (medical information sciences). Core credentials: deep finance, risk management, capital markets, and technology leadership across CIO/CFO roles and fintech entrepreneurship.

Past Roles

Organization	Role	Tenure	Committees/Impact
Goldman Sachs	Chief Information Officer; Chief Financial Officer; Global co‑head, Securities Division; Partner; Management Committee	2005–2019	Led finance, technology, and markets risk oversight; enterprise systems leadership (CIO)
Kiodex	Chief Executive Officer & Co‑founder	Pre‑2004; acquired by Sungard in 2004	Built risk tech platform; exit to Sungard
Quorum Software Systems	Chief Technology Officer & Co‑founder	Prior to Kiodex	Enterprise software engineering leadership

External Roles

Organization	Role	Tenure
Sixth Street Partners	Partner & Vice Chairman	Since May 2021
The Broad Institute of MIT	Board of Directors	Not disclosed
Stanford University School of Medicine	Board of Fellows	Not disclosed
Banco Santander, S.A.	Director (former; past 5 years)	Not disclosed
Recursion Pharmaceuticals, Inc.	Director (former; past 5 years)	Not disclosed

Board Governance

Committee assignments: Audit and Compliance Committee member; the committee comprises Roger W. Ferguson Jr. (Chair), Robin L. Washington, and Marty Chávez; 11 meetings held in 2024. Board determined all Audit Committee members are independent and can read and understand fundamental financial statements; Roger designated audit committee financial expert.
Independence status: Independent director; Alphabet’s key committees (Audit, LDICC, NCGC) are 100% independent.
Board attendance: Board held 6 meetings in 2024; each director attended at least 75% of Board and applicable committee meetings (Larry Page missed two special meetings).
Board leadership: Independent Chair (John L. Hennessy), with executive sessions of independent directors at all quarterly Board and committee meetings.
Years of service: Director since 2022.
Election results (signal of investor confidence): 2025 vote “For” 12,428,005,794; “Against” 81,949,854; “Abstentions” 5,659,374. Strong support.

Fixed Compensation (Director)

Component	Amount	Vesting / Notes
Annual cash retainer	$75,000	Standard non‑employee director cash retainer; payable in arrears
Annual equity (Class C GSUs)	$350,000 target grant	GSUs vest 1/48 monthly (detailed schedule: monthly over 48 months)
2024 reported stock awards (grant‑date fair value)	$373,259	Includes $7,286 incremental fair value from dividend equivalent rights modification adopted in 2024
Yearly cap	$1.5 million aggregate for cash+stock	Plan cap for non‑employee directors

Director program features: GSUs immediately vest in full upon termination of service by reason of death; reimbursed reasonable Board/committee meeting expenses.

Performance Compensation (Director)

Metric Type	Details
Performance‑based awards	None disclosed for directors; annual director equity is time‑vested GSUs (no PSU/option program for directors).

Other Directorships & Interlocks

Public company boards: none current; former directorships (past 5 years) at Banco Santander, S.A. and Recursion Pharmaceuticals, Inc. (no dates disclosed).
Interlocks/related‑party exposure: None disclosed involving Marty; related‑party transactions noted in proxy involve LTA (Sergey Brin affiliate), BCH (Larry Page, Sergey Brin, Eric Schmidt affiliates), and Kleiner Perkins co‑investments—Marty not a related party.

Expertise & Qualifications

Financial expertise: Former CFO of Goldman Sachs; extensive capital markets and risk oversight experience.
Technology/AI: In‑depth sector knowledge; prior CTO and CIO roles; fintech entrepreneurship.
Governance: Service on major non‑profit boards; Audit Committee member; capable of financial statement oversight.
Education: Harvard BA, Harvard MS, Stanford PhD (medical information sciences).

Equity Ownership

Item	Detail
Voting shares beneficially owned (Class A/B)	None listed for Marty (no voting shares reported as of April 8, 2025).
GSUs outstanding (Class C)	7,000 GSUs as of December 31, 2024.
Director ownership guideline	Required to hold ≥$1.0 million in Alphabet stock; all non‑employee directors met the requirement as of Dec 31, 2024.
Hedging/pledging	Prohibited for directors (no hedging, short sales, pledging, margin accounts).

Governance Assessment

Effectiveness: Audit and Compliance Committee role positions Marty at the center of oversight for financial reporting, privacy/security, competition, civil/human rights, sustainability, and operational resilience—critical areas for Alphabet’s risk profile. Eleven committee meetings in 2024 indicate active oversight cadence.
Independence and attendance: Independent since 2022; meets attendance expectations (≥75%); Board structure features independent Chair and regular executive sessions, supporting robust oversight.
Alignment: Director equity is time‑vested GSUs with a formal minimum $1.0 million ownership requirement met by all non‑employee directors; hedging/pledging prohibited—strong alignment and risk controls.
Investor confidence: 2025 re‑election received very high support (12.43B “For” vs 0.08B “Against”), signaling strong shareholder endorsement.
Conflicts: No related‑party transactions involving Marty; committee independence confirmed; no interlocks with Alphabet counterparties disclosed.

RED FLAGS

None disclosed specific to Marty: no related‑party transactions, no hedging/pledging, no attendance shortfalls, and strong election support.