Evelyn León Infurna
About Evelyn León Infurna
Independent director of Getty Realty (GTY), age 61, appointed July 2021; serves on the Nominating/Corporate Governance Committee (since appointment), Compensation Committee (since Oct 2022), and Audit Committee (since Feb 2023). She holds a B.S. from New York University and an MBA from Northwestern University and is currently Vice President of Investor Relations at Northern Oil and Gas, Inc.; prior roles include SVP IR at SmartRent, Managing Director at ICR (REITs), MD Equity Capital Markets at Citigroup, portfolio manager/analyst at Diamondback, Moore Capital, Amaranth and Barings/Cornerstone, and equity research Director at Deutsche Bank; advisory board member at Accesso Partners (2018–2021). Her board qualifications emphasize real estate capital markets, asset management, investor engagement, and she is classified as independent under NYSE rules and an Audit Committee financial expert .
Past Roles
| Organization | Role | Tenure | Committees/Impact |
|---|---|---|---|
| Northern Oil and Gas, Inc. | Vice President, Investor Relations | Current | Public company senior officer; investor engagement and capital markets |
| SmartRent.com, Inc. | Senior Vice President, Investor Relations | Prior | IR leadership at a public proptech company |
| ICR, LLC | Managing Director | Prior | Strategic communications and capital markets advisory for REITs; investor engagement |
| Citigroup | Managing Director, Equity Capital Markets | Prior | Raised equity capital for real estate/lodging sectors |
| Diamondback; Moore Capital; Amaranth; Barings/Cornerstone Advisers | Portfolio Manager/Analyst | Prior decade+ | Managed real estate and related securities portfolios |
| Deutsche Bank | Director, Equity Research | Early career | Real estate capital markets research |
External Roles
| Organization | Role | Tenure | Notes |
|---|---|---|---|
| Accesso Partners (private real estate manager) | Advisory Board Member | 2018–2021 | Private company advisory role |
Board Governance
- Independence: Board determined Mses. Infurna and Malanoski and Messrs. Cooper, Coviello, Safenowitz are independent under NYSE standards; no relationships with Getty other than as stockholders/directors (Mr. Constant excepted) .
- Committee membership and meeting cadence (2024):
- Audit Committee: Member; 4 meetings; all members independent; Infurna qualifies as “audit committee financial expert” .
- Compensation Committee: Member; 2 meetings; all members independent .
- Nominating/Corporate Governance Committee: Member; 2 meetings .
- Attendance: Board held 5 meetings; each director attended all Board and all committee meetings on which they served; directors attended the April 2024 annual meeting .
- Executive sessions: Independent directors meet in executive session at least quarterly; chaired by the independent Chairman (Safenowitz) since April 2021 .
- Governance policies: Anti-hedging/anti-pledging; clawback policy adopted Nov 2023; insider trading policy strengthened Jan 2024; stock ownership policy adopted Feb 2025 .
Committee Composition (as of Feb 26, 2025)
| Committee | Chair | Members |
|---|---|---|
| Audit | Philip E. Coviello Jr. | Coviello; Evelyn León Infurna; Mary Lou Malanoski |
| Compensation | Milton Cooper | Cooper; Philip E. Coviello Jr.; Evelyn León Infurna |
| Nominating/Corporate Governance | Mary Lou Malanoski | Malanoski; Philip E. Coviello Jr.; Evelyn León Infurna |
Fixed Compensation
| Component (2024) | Amount | Notes |
|---|---|---|
| Annual director cash fee | $40,000 | Paid quarterly |
| Audit Committee member fee | $12,500 | Member; Chair receives $20,000 |
| Compensation Committee member fee | $5,000 | Member; Chair receives $7,500 |
| Nominating/Corporate Governance Committee member fee | $5,000 | Member; Chair receives $7,500 |
| Total cash fees earned (Infurna) | $62,500 | Matches reported fees earned |
| 2024 Director Compensation (Infurna) | Cash Fees ($) | Stock Awards ($) | Total ($) |
|---|---|---|---|
| Evelyn León Infurna | 62,500 | 185,850 | 248,350 |
- Structure: Non-employee directors reimbursed for travel; Chairman receives additional $125,000 annual fee (Infurna not applicable) .
Performance Compensation
| Equity Award (2024) | Grant Date | Shares | Fair Value | Vesting | Settlement |
|---|---|---|---|---|---|
| RSUs (annual director grant) | March 2024 | 7,000 | $185,850 | Ratably over 5 years from first anniversary | Earlier of 10th anniversary or termination of service |
- No options; director equity is time-based RSUs with dividend equivalents; same 7,000 RSUs were granted to each non-employee director in both 2023 and 2024 (no increase in grant size) .
- Compensation Committee charter updated Feb 2025 to review equity grant date policies and authority over clawback/anti-hedging/anti-pledging policies .
Other Directorships & Interlocks
- No other current public company directorships disclosed for Infurna; biography lists operating/IR roles rather than board seats .
- No shared directorships or disclosed transactions with Getty customers/suppliers involving Infurna .
Expertise & Qualifications
- Independent (NYSE); financially literate; audit committee financial expert; REIT/real estate experience; capital markets; M&A; governance/ethics; human resources/compensation practice; public company executive leadership .
Equity Ownership
| Metric | 2024 | 2025 |
|---|---|---|
| Beneficial ownership (shares) | 5,600 | 10,500 |
| Ownership as % of shares outstanding | <1% (“*”) | <1% (“*”) |
| Vested RSUs outstanding | 2,800 at 12/31/2023 | 5,600 at 12/31/2024 |
| Unvested RSUs outstanding | 14,700 at 12/31/2023 | 18,900 at 12/31/2024 |
| RSUs vested during year | 2,100 (2023) | 3,500 (2024) |
- Stock Ownership Policy: Directors must own Company equity (including vested RSUs) equal to a minimum of five times the cash portion of annual director compensation within five years; as of Dec 31, 2024, all directors were either compliant or progressing within the transition period .
- Anti-hedging/anti-pledging: Directors prohibited from hedging and pledging Company stock; Company notes full compliance .
Governance Assessment
- Alignment: Strong equity-heavy director pay mix (~25% cash vs ~75% equity in 2024 for Infurna), five-year RSU vesting and 10-year settlement promote long-term alignment and retention; ownership guidelines formalize meaningful “skin in the game” .
- Effectiveness: 100% attendance at Board and committee meetings; service on all three key committees (Audit, Compensation, Nominating) with audit financial expert designation enhances oversight of financial reporting and risk (including cybersecurity and GenAI) .
- Independence/Conflicts: Board affirmatively determined independence; proxy discloses no related-party relationships for Infurna; company bans hedging/pledging; no tax gross-ups or option repricing disclosed for directors—a positive governance signal .
- Pay structure trends: RSU grant size unchanged YoY (7,000), no options introduced; equity remains time-based for directors (no performance metrics)—typical for REIT boards but places greater emphasis on ownership policy to ensure alignment .
- Shareholder sentiment: Say-on-pay approved with 95.76% of votes cast in 2024—indirect validation of Compensation Committee’s approach; Infurna is a member of that committee .
RED FLAGS: None identified specific to Infurna. No attendance gaps, no related-party transactions, no hedging/pledging, and equity grants follow standard time-based structures with formal ownership policy; continued monitoring warranted given large shareholder influence via independent Chairman, but not a conflict attributable to Infurna .