Matthew Louie
About Matthew Louie
Matthew Louie (age 47) is a Class III director of Ingram Micro Holding Corporation, serving since October 2024. He is Managing Director at Platinum Equity Advisors, where he focuses on structuring and executing M&A transactions; prior roles include private equity at American Capital Strategies, venture/growth equity at Canaan Partners and Agilent Technologies, and investment banking at Donaldson, Lufkin & Jenrette. He holds B.A. degrees in Economics and Political Science from Stanford University and an M.B.A. from Harvard Business School. He currently chairs Ingram Micro’s Nominating & Corporate Governance Committee and serves on Vertiv Holdings’ board.
Past Roles
| Organization | Role | Tenure | Committees/Impact |
|---|---|---|---|
| Platinum Equity Advisors | Managing Director; responsible for structuring and execution of acquisitions/divestitures; manager of portfolio companies | 2008–present (joined 2008) | Transaction execution; portfolio oversight |
| American Capital Strategies | Investment professional (middle-market PE) | Not disclosed | Deal execution |
| Canaan Partners | Venture/growth equity | Not disclosed | Early-stage/growth investing |
| Agilent Technologies | Venture/growth equity | Not disclosed | Corporate venture/growth investing |
| Donaldson, Lufkin & Jenrette | Investment banking | Not disclosed | M&A/capital markets |
External Roles
| Organization | Role | Tenure | Committees/Notes |
|---|---|---|---|
| Vertiv Holdings Co (NYSE: VRT) | Director | Current | Not disclosed in INGM proxy |
Board Governance
- Committee assignments: Chair, Nominating & Corporate Governance Committee; members of NCGC are Louie (Chair), Christian Cook, Jakki Haussler, and Eric Worley. The committee met once in FY 2024 (post-IPO).
- Independence: Not listed among the Board’s four independent directors (Felicia Alvaro, Jakki Haussler, Leslie Heisz, Sharon Wienbar); INGM is a “controlled company” under NYSE rules and relies on exemptions (Compensation and Nominating/Governance Committees are not required to be fully independent).
- Attendance and engagement: Board held one meeting post-IPO in FY 2024; each director attended 100% of Board and committee meetings on which they served.
- Years of service on this board: Director since October 2024; Class III term expiring 2027.
- Board leadership: Separate Chair and CEO roles; Board holds regular executive sessions without management.
Fixed Compensation
| Component | Amount/Structure | Applies to Matthew Louie? | Notes |
|---|---|---|---|
| Annual cash retainer (non-employee directors) | $100,000, paid quarterly | No | Policy excludes Board members affiliated with Platinum; Louie is a Platinum MD. |
| Audit Committee Chair retainer | $35,000 | No | Applies only to Audit Chair; policy excludes Platinum-affiliated directors. |
| Annual director RSU grant | $185,000 grant-date value; vests at next annual meeting or 1-year anniversary | No | Policy excludes Platinum-affiliated directors. |
| Reimbursement of expenses | Reasonable out-of-pocket for meetings | Not specified | Standard director policy. |
Performance Compensation
- No performance-based director compensation disclosed for non-employee directors; equity grants are time-based under the director policy and excluded for Platinum-affiliated directors.
| Performance Metric | Weight/Target | Result | Payout Impact |
|---|---|---|---|
| None for directors (no director performance plan disclosed) | — | — | — |
Other Directorships & Interlocks
- Current public company directorships: Vertiv Holdings Co (NYSE: VRT).
- Interlocks within INGM’s board ecosystem:
- Other INGM directors who also sit on Vertiv’s board: Jakki Haussler; Jacob Kotzubei.
- An additional INGM director (Christian Cook) has served as an officer of Vertiv portfolio companies while at Platinum.
- Controlled-company nomination rights: Platinum (through Imola JV Holdings, L.P.) has rights to nominate a significant percentage of directors based on ownership; committees must include at least one Platinum designee unless independence rules prohibit it.
Expertise & Qualifications
- M&A and capital markets expertise from roles at Platinum Equity, American Capital Strategies, DLJ.
- Technology and growth investing experience via Canaan Partners and Agilent Technologies venture/growth equity programs.
- Education: Stanford University (Economics and Political Science); Harvard Business School (MBA).
- Skills matrix: Board emphasizes M&A, technology, operations, finance; Louie’s profile reflects private equity/transactional strengths sought by INGM.
Equity Ownership
| Metric | Value |
|---|---|
| Shares beneficially owned (as of Apr 10, 2025) | 0 shares (not individually listed with holdings) |
| Shares outstanding (for context) | 234,825,581 shares |
| Ownership % | ~0.00% (0 / 234,825,581) |
| Vested vs unvested shares | None disclosed for Louie |
| Options (exercisable/unexercisable) | None disclosed for Louie |
| Shares pledged as collateral | Company policy prohibits directors from holding Company securities in margin accounts or pledging as collateral; no pledging disclosed for Louie. |
| Director stock ownership guidelines | Guidelines apply to non-employee directors excluding Platinum-affiliated members; Louie is excluded. |
Governance Assessment
- Committee leadership and independence: Louie chairs the Nominating & Corporate Governance Committee, which, under controlled-company exemptions, is not required to be fully independent; Louie is not listed as independent and is a Platinum MD. This concentration of nomination/governance authority with a controlling shareholder affiliate is a governance risk for minority investors.
- Interlocks/conflicts: Multiple INGM directors (Louie, Haussler, Kotzubei) also serve on Vertiv’s board; another (Cook) has served as a Vertiv officer—creating potential interlocks that may influence information flow or priorities. Monitor for related-party decisions and recusal practices.
- Alignment and incentives: Platinum-affiliated directors are excluded from INGM’s standard director pay and RSU program; Louie shows no personal INGM share ownership in the proxy and is not subject to director ownership guidelines, aligning him primarily with Platinum’s interests rather than direct holdings in INGM common stock.
- Attendance/engagement: 100% attendance post-IPO indicates engagement; NCGC met once in FY 2024.
- Related-party context: Prior to the IPO, INGM paid a $20.4 million 2024 management fee to Platinum Advisors under an advisory agreement (terminated at IPO); Investor Rights Agreement grants Platinum robust nominating rights. Minority holders should weigh these ongoing control features when assessing board effectiveness.
RED FLAGS
- Chair of Nominating & Corporate Governance is a non-independent, controlling shareholder affiliate under NYSE controlled-company exemptions.
- Multiple board interlocks with Vertiv Holdings (Louie, Haussler, Kotzubei) and prior officer ties (Cook).
- No disclosed personal share ownership by Louie; excluded from director stock ownership guidelines and director equity program (reduced “skin in the game” for minority alignment).