Loan Mansy
HUDSON TECHNOLOGIES INC /NYAbout Loan N. Mansy
Independent director at Hudson Technologies since September 2022; age 54. Currently CEO of Centerline Communications (joined 2023; President during 2023), with prior senior operating roles at Clean Harbors (EVP Sales & Service, 2019–2023) and Republic Services (Area President, 2017–2019). Brings 30+ years of operating leadership in chemicals and waste management, including P&L, supply chain, operations, and sales credentials .
Past Roles
| Organization | Role | Tenure | Committees/Impact |
|---|---|---|---|
| Clean Harbors, Inc. (NYSE: CLH) | EVP — Sales & Service | 2019–2023 | Senior commercial leadership in hazardous waste management |
| Republic Services, Inc. | Area President | 2017–2019 | Operating leadership at national waste services provider |
| Akzo Nobel, Eastman Chemical, Solutia, Monsanto | Managerial roles | Prior to 2017 | Broad chemicals industry management experience |
External Roles
| Organization | Role | Start | Notes |
|---|---|---|---|
| Centerline Communications, LLC (private) | Chief Executive Officer (President during 2023) | 2023 | Communications infrastructure design/build/maintenance; joined 2023 |
Board Governance
- Independence: Board determined Ms. Mansy is an independent director under NASDAQ rules .
- Committees (FY2024): Audit Committee member (4 meetings in FY2024); Environmental, Health, Safety, Sustainability & Public Policy Committee member .
- Attendance: In FY2024, no incumbent director attended fewer than 75% of aggregate board and committee meetings (Board held 6 meetings) .
- Board structure context: CEO is also Chairman; lead independent director (Abbatecola) provides counterbalance; audit and compensation committees are fully independent; Nominating & Governance has majority independent .
Fixed Compensation
| Component | Policy / Rate | 2024 Amount for Mansy |
|---|---|---|
| Annual cash retainer (non-employee directors) | $50,000, payable quarterly | $60,000 (fees earned or paid in cash) |
| Committee chair cash fee | $10,000 for chairs of Audit, Compensation, or EHS/Sustainability committees | Included in fees if applicable (not specified in proxy) |
| Meeting fees | None disclosed | — |
Notes: Standard structure shown above; director-specific chair roles are not enumerated in the proxy; Ms. Mansy’s $60,000 cash fees exceeded the $50,000 standard retainer .
Performance Compensation
| Equity Component | Structure / Timing | 2024 Amount for Mansy |
|---|---|---|
| Annual equity grant | $50,000 equity paid 5 business days after annual meeting | $50,000 (Stock Awards, grant-date fair value) |
| Additional election | Additional $50,000 either fully equity or up to half cash and remainder equity, 5 business days post annual meeting | Reflected in mix below |
| Option awards | Company uses Black-Scholes for grant-date fair value; practice for non-employee directors is options vest immediately or over first year; term up to 10 years | $50,000 (Option Awards, grant-date fair value) |
2024 Director pay mix for Mansy: Cash $60,000; Equity $100,000 (Stock $50,000, Options $50,000); Total $160,000 .
Other Directorships & Interlocks
| Company | Role | Committee Roles | Notes |
|---|---|---|---|
| — | — | — | No other public company directorships disclosed in the 2025 proxy for Ms. Mansy . |
Expertise & Qualifications
- 30+ years in chemicals and waste management; leadership roles across general management, P&L, supply chain, operations, and sales .
- Current CEO experience at a critical-infrastructure services firm (Centerline Communications) .
Equity Ownership
| Holder | Total Beneficial Ownership | % of Class | Components / Notes |
|---|---|---|---|
| Loan N. Mansy | 40,460 shares | <1% (“*”) | Includes options exercisable within 60 days: 11,737 @ $9.55; 14,493 @ $8.94 (total 26,230 options) |
| Shares outstanding (for reference) | 43,975,786 (as of record date 4/17/2025) | — | Reference figure for percent-of-class calculation |
Policy protections:
- Anti-hedging: Directors may not engage in hedging transactions (collars, forward sales, options on company stock) .
Section 16(a) filing compliance:
- The company believes all officers, directors, and >10% holders complied with Section 16(a) filing requirements in FY2024 .
Governance Assessment
- Strengths: Independent director with heavy operating pedigree (chemicals/waste) aligned to HDSN’s industrial profile ; active on Audit and EHS/Sustainability committees ; attendance met board standard (≥75%) . Director compensation meaningfully equity-linked (equity/options $100k of $160k in 2024), supporting alignment with shareholders .
- Watch items: Board combines CEO/Chair; mitigated by a lead independent director and independent Audit/Comp committees, but still requires vigilant committee oversight (Audit membership is relevant) . No director stock ownership guidelines disclosed; beneficial ownership is <1% of shares outstanding as expected for small-cap boards .
- Conflicts/related-party: Proxy sections reviewed do not disclose director-related related-party transactions; Audit Committee oversees financial risks and potential related-party conflicts .
- Signals to monitor: Any chair assignments (cash fee differentials imply potential chair service but the proxy does not specify); future changes to director equity mix or option practices (directors options typically vest immediately or within one year) .
Director Compensation (Detail)
| Name | Fees Earned (Cash) | Stock Awards (Grant-date FV) | Option Awards (Grant-date FV) | Total |
|---|---|---|---|---|
| Loan N. Mansy | $60,000 | $50,000 | $50,000 | $160,000 |
Committee Assignments (FY2024)
| Committee | Members (subset) | Chair | FY2024 Meetings |
|---|---|---|---|
| Audit | Abbatecola, Mansy, Parrillo, Prouty | Abbatecola (Lead Independent Director) | 4 |
| Compensation | Abbatecola, Bulgarino, Parrillo, Prouty | Not specified | 2 |
| Nominating & Governance | Abbatecola, Coleman, Prouty | Not specified | 1 |
| Environmental, Health, Safety, Sustainability & Public Policy | Bulgarino, Mansy, Houghton | Not specified | Not disclosed |
Board & Attendance (FY2024)
| Body | Meetings | Attendance Standard |
|---|---|---|
| Board of Directors | 6 | No incumbent director <75% of aggregate board+committee meetings |
Biography Snapshot
- Director since: September 2022
- Age: 54
- Current position: CEO, Centerline Communications (joined 2023; President during 2023)
- Prior: EVP Sales & Service, Clean Harbors (2019–2023); Area President, Republic Services (2017–2019); management roles at Akzo Nobel, Eastman Chemical, Solutia, Monsanto