Bryan Kelln
About Bryan Kelln
Partner and President of Portfolio Operations at Platinum Equity Advisors since 2008; currently serves as a Class II director of Ingram Micro Holding Corporation (INGM), appointed in October 2024; age 59; term expires at the 2026 annual meeting . He holds a BA from Washington State University and an MBA from The Ohio State University (Fisher) . Core credentials include operational leadership in private equity portfolio companies, post-acquisition value creation, and transactional oversight .
Past Roles
| Organization | Role | Tenure | Committees/Impact |
|---|---|---|---|
| Platinum Equity Advisors | Partner; President, Portfolio Operations; member, Investment Committee | Since 2008 | Oversees strategy and operations across portfolio; post-acquisition performance monitoring |
| Nortek, Inc. | SVP & Chief Operating Officer | Not disclosed | Enterprise operations leadership |
| Jacuzzi Brands, Inc. | President, Jacuzzi, Inc. | Not disclosed | P&L leadership |
| The Jordan Company | Operating Executive | Not disclosed | M&A execution; portfolio board roles |
| RockShox, Inc. | President & CEO | Not disclosed | CEO leadership |
| General Cable Corporation | Senior Vice President | Not disclosed | Senior operating leadership |
| Mercer Management Consulting | Partner, Supply Chain Management Practice | Not disclosed | Supply chain strategy |
External Roles
| Company | Role | Tenure/Status | Committees/Notes |
|---|---|---|---|
| Custom Truck One Source | Director | Past 5 years; until 2023 | Not disclosed |
| Verra Mobility | Director | Past 5 years; until 2021 | Not disclosed |
| Key Energy | Director | Past 5 years; until 2020 | Not disclosed |
| Other current public boards | — | None | — |
Board Governance
- Committee assignments: Compensation Committee member; Compensation Committee is composed of Jacob Kotzubei (Chair), Leslie Heisz, Bryan Kelln, Mary Ann Sigler, and Sharon Wienbar .
- Chair roles: None (not a committee chair) .
- Independence: Not independent; the board has designated only Alvaro, Haussler, Heisz, and Wienbar as independent (INGM is a “controlled company” under NYSE due to Platinum’s ~90% voting power) .
- Attendance: 100% attendance for all directors and committee meetings held in FY2024 post-IPO (applies to Kelln) .
- Years of service: Director since October 2024; Class II; term ends 2026 .
RED FLAG: As a Platinum Equity partner, Kelln sits on the Compensation Committee under controlled-company exemptions, introducing potential conflicts in executive pay oversight .
Fixed Compensation
- Non-employee director compensation policy (post-IPO) provides: $100,000 annual cash retainer; +$35,000 for Audit Chair; and $185,000 annual RSU grant vesting by the next annual meeting; however, the policy expressly excludes Platinum-affiliated directors .
- Director compensation table lists only non-affiliated directors; Kelln is not listed, indicating no disclosed director fees or RSUs paid to him under this policy .
Performance Compensation
- No performance-based director compensation disclosed for Kelln; Platinum-affiliated directors are excluded from the RSU grants under the non-employee director policy .
Other Directorships & Interlocks
- Current public boards: None .
- Prior public boards: Custom Truck One Source (through 2023), Verra Mobility (through 2021), Key Energy (through 2020) .
- Compensation Committee interlocks: Company discloses no interlocks among Compensation Committee members in FY2024 post-IPO; note Ms. Sigler previously served as Company President and Treasurer prior to IPO and ceased those roles upon IPO .
Expertise & Qualifications
- Operational excellence and value-creation in PE portfolio companies; transactional/M&A experience; prior CEO/COO roles; supply chain expertise (Mercer SCM partner) .
- Skills matrix highlights broad board competencies (operations, M&A, financial literacy) across directors; Kelln’s bio supports operations/M&A depth relevant to INGM’s global distribution footprint .
Equity Ownership
| Item | Value |
|---|---|
| Total beneficial ownership (personal) | 0 shares; <1% |
| Shares outstanding (reference date) | 234,825,581 (as of 4/10/2025) |
| Ownership guidelines (directors) | Guidelines apply to non-employee directors excluding Platinum affiliates; thus, Kelln is excluded |
| Hedging/pledging | Company policy prohibits hedging, short sales, margin accounts, and pledging by associates and directors |
| Controlling shareholder | Platinum-affiliated vehicles own 210,952,854 shares (89.8%) as of 4/10/2025 |
Governance Assessment
- Strengths: 100% meeting attendance; Audit Committee fully independent with two “financial experts” (Alvaro—Chair; Heisz), providing robust financial oversight despite controlled company status .
- Concerns/Conflicts: Controlled company with Platinum ~89.8% voting power; Investor Rights Agreement ensures Platinum board nominations and at least one Platinum designee on each committee (except conflict-only committees), entrenching influence over governance levers including compensation; Kelln is a Platinum partner on the Compensation Committee, raising perceived and actual conflict risks in setting executive pay and reviewing related matters .
- Related-party exposure: Platinum Advisors received $20.4 million in management fees under a Corporate Advisory Services Agreement in 2024; agreement terminated upon the IPO, but underscores historical related-party economics between INGM and Platinum; Kelln’s senior role at Platinum Advisors increases sensitivity to such relationships (historical and potential future engagements) .
- Alignment: Kelln has no disclosed personal INGM share ownership and is excluded from director stock ownership guidelines and director equity grants, limiting direct “skin-in-the-game” alignment; alignment instead flows through Platinum’s controlling stake and incentives (MOIC triggers in management equity plans) .
Overall implication for investors: Expect Platinum-driven oversight with potential conflicts on compensation and strategic transactions; audit oversight remains independent, but compensation/governance levers reflect controlled-company exemptions. Monitor Compensation Committee decisions, related-party transactions, and any shifts in Platinum’s ownership or committee composition for governance risk signals .