Sign in

    Vandana Mehta-Krantz

    CFO at Grindr Inc
    Since November 2022
    Age
    57 years
    Education
    Holds a bachelor's degree in mathematics from the University of Waterloo and is a qualified Chartered Accountant (1990) and Chartered Financial Analyst (1997).
    Tenure
    Joined GRND as CFO on September 26, 2022, served as CFO of Legacy GRND until November 2022, and started her current position as CFO in November 2022.

    Also at Grindr Inc

    A"B
    Austin "AJ" Balance
    Chief Product Officer
    DIW
    Daniel I. Weinstein
    Chief Accounting Officer

    About

    Vandana Mehta-Krantz is 57 years old as of April 2025. She holds a bachelor's degree in mathematics from the University of Waterloo and qualified as a Chartered Accountant in 1990 as well as a Chartered Financial Analyst in 1997.

    She joined GRND as CFO on 09-26-2022 and began her current role in 11-2022, after serving briefly in a transitional capacity with Legacy GRND. Prior to her work at GRND, she held key financial leadership roles at companies including Passport Labs, Masterclass, Disney Streaming Services, Bamtech Media, and Thomson Reuters.

    Beyond her executive responsibilities at GRND, she has contributed to corporate governance through board memberships and advisory roles with several organizations, leveraging her extensive experience in scaling and managing financial operations globally.

    Past Roles

    OrganizationRoleDate RangeDetails
    Skillz Inc. Independent Director October 2020 – March 2023 N/A
    Passport Labs, Inc. Chief Financial Officer August 2021 – August 2022 N/A
    Masterclass (Yanka Industries, Inc.) Chief Financial Officer December 2020 – September 2021 N/A
    Disney Streaming Services Chief Financial Officer September 2017 – September 2020 Involved in the launch of Disney+
    Bamtech Media Chief Financial Officer and Board Member September 2017 – August 2020 Led ESPN+ launch
    Thomson Reuters Various Chief Financial Officer Roles 2007 – 2016 Roles included Reuters Media, Institutional Equities, and Wealth Management divisions
    PricewaterhouseCoopers, Merrill Lynch, Morgan Stanley, and Credit Suisse Financial Roles Pre-2007 Positions held prior to other CFO roles

    External Roles

    OrganizationRoleDate RangeDetails
    Bungalow Living, Inc. Non-Executive Member of the Board Since October 2021 N/A

    Fixed Compensation

    Data from  FY 2023
    Component NameAmountPayment ScheduleAdditional Details
    Base Salary$505,000 Annual, with periodic payments as determined by company payrollFixed annual salary; subject to annual review; unchanged from 2022
    Signing Bonus$225,000 50% ($112,500) within 30 days of start date; 50% ($112,500) six months after start dateOne-time bonus; full payout contingent upon remaining employed through one-year anniversary
    Time-Based RSUs486,000 RSUs (97,200 vested in 2023) Vests in equal installments on each anniversary of start date (2022–2026); 97,200 vested in 2023RSUs subject to continued employment in good standing; total award of 486,000 RSUs over five years

    Performance Compensation

    Data from  FY 2023

    Annual Cash Bonus

    MetricDetail
    Performance TargetsEBITDA Margin: ≥ 40%; Revenue Growth: ≥ 25%
    Target Bonus Opportunity60% of base salary (based on $505,000)
    Actual Cash Bonus$393,300
    Special Cash Bonus$400,000 awarded for exceptional performance
    ConditionsAnnual bonus adjusted based on individual contribution and achievement of corporate goals

    Performance-Based RSUs

    MetricDetail
    Market Capitalization ThresholdsFirst: $2.1B, Second: $2.8B, Third: $3.5B
    RSU Value per ThresholdFirst: $1,633,333; Second: $1,633,333; Third: $1,633,334
    Calculation MethodNumber of RSUs = Dollar Value / Average VWAP over the 90 trading days preceding the threshold being exceeded
    Vesting ScheduleFully vested upon grant once the threshold is exceeded and conditions are met
    Grant DateThe grant date is the date on which the applicable CFO threshold is exceeded; amended on November 29, 2023
    Grant Date Fair ValueUp to $4,899,999 at the highest level of achievement, with an incremental increase of $2,140,877 from the amendment
    Additional ConditionsContinuous employment in good standing; accelerated vesting upon a change in control if applicable