Jordan Spiegel
About Jordan (“Jordy”) Spiegel
Independent director nominee for Inspirato’s post-merger “Combined Company” board, with expected independence under Nasdaq rules and committee service on Audit and Compensation . Spiegel’s background spans private equity (founding partner, GESD Capital Partners), operating roles (CEO/Chairman, IKM Holdings; Executive Chairman, Meisei Tools), and financial analysis (EVP, Laffer Associates; securities analyst, Crowell, Weedon & Co.) . Education: BA with honors in Cultural Anthropology (USC) and MBA (Harvard Business School) .
Past Roles
| Organization | Role | Tenure | Committees/Impact |
|---|---|---|---|
| IKM Holdings | CEO & Chairman | Not disclosed | Company leadership in assessment tools |
| Meisei Tools | Executive Chairman | Not disclosed | Aerospace thermal wire stripping tools |
| Solugenix Lenders 1 LLC | Managing Partner | Not disclosed | Private credit facility for tech services |
| Spiegel Partners | Managing Partner | Not disclosed | Dana Point, CA private equity firm |
| GESD Capital Partners | Founding Partner | Not disclosed | San Francisco private equity sponsor |
| Laffer Associates | EVP | Not disclosed | Economic consulting/investment firm |
| Crowell, Weedon & Co. | Securities Analyst | Not disclosed | Covered special situations |
| Democratic Senate Campaign Committee | Research staff | Not disclosed | Political research experience |
External Roles
| Organization | Role | Tenure | Notes |
|---|---|---|---|
| The Laffer Center | Board Member | Not disclosed | Public policy think tank |
| Bankserv | Director (prior) | Not disclosed | Electronic payments business |
| Personal Care Physicians | Director (prior) | Not disclosed | Concierge primary care practice |
| Reply.com | Director (prior) | Not disclosed | Performance-based lead-gen; later rebranded as Buyerlink and owned by One Planet Group |
Board Governance
- Independence status: Expected to be deemed “independent” under Nasdaq Listing Rule 5605 .
- Committee assignments (post-merger Combined Company):
- Audit Committee: Ann Payne (Chair), Julie Wainwright, Jordy Spiegel .
- Compensation Committee: John Truchard (Chair), Shahin Sobhani, Jordy Spiegel .
- Nominating & Corporate Governance Committee: Shahin Sobhani (Chair), May Samali, John Truchard .
Fixed Compensation
| Component | Policy Detail | Source |
|---|---|---|
| Annual cash retainer | $40,000 for non-employee directors | |
| Committee/chair fees | Additional cash depending on assignments (amounts not specified) | |
| Travel membership benefit | Choice of Inspirato Pass Membership valued at $26,500 per year or equivalent Club credits | |
| Perks | One 7-night “FAM Trip” per year; Inspirato Rewards status like employees; 72-hour short notice bookings | |
| Meeting fees | None (no per-meeting attendance fees) | |
| Equity (Annual RSU) | Lesser of 5,000 shares or $50,000 equivalent; first grant pro-rated; vests at 1 year or next annual meeting |
Note: The Combined Company expects to adopt a non-employee director compensation policy; detailed amounts have not been disclosed for that policy yet .
Performance Compensation
| Equity Type | Grant Mechanics | Vesting | Performance Metrics |
|---|---|---|---|
| RSUs (Directors) | Annual RSUs equal to lesser of 5,000 shares or $50,000 | Vests on earlier of 1 year or next annual meeting | None disclosed for directors (time-based vesting) |
Other Directorships & Interlocks
- Prior directorship at Reply.com (later rebranded Buyerlink), a One Planet Group company founded by Inspirato’s CEO Payam Zamani—potential information flow or relational tie to controlling shareholder group .
- Board service at The Laffer Center (policy think tank) and prior roles across financial services and healthcare entities .
Expertise & Qualifications
- Finance and investing (private equity, securities analysis); operating leadership (CEO/Chair) .
- Sector breadth: technology services, aerospace tools, payments, healthcare .
- Education: USC (BA), Harvard Business School (MBA) .
Equity Ownership
- No beneficial ownership for Spiegel disclosed in Inspirato’s 2025 DEF 14A ownership table; he was not an Inspirato director at FY2024 year-end. Post-merger Combined Company equity holdings for Spiegel have not been disclosed .
Governance Assessment
-
Positive signals:
- Expected independent status and placement on Audit and Compensation committees support board oversight .
- Deep financial and operating experience complements Audit/Comp roles .
-
Potential conflicts and risk indicators:
- Prior directorship at Reply.com/Buyerlink ties to One Planet Group (controlled by Inspirato’s CEO) may present perceived related-party proximity; robust related-party review by Audit Committee will be important .
- Combined Company will be a “controlled company” post-merger (One Planet Ops ~91% ownership; CEO Zamani ~92% beneficial ownership), and may rely on governance exemptions—reducing some shareholder protections (e.g., majority independent board, fully independent comp/nom-gov committees) .
- Overall controlled-company structure and concentration of voting power heighten the need for vigilant independent committee oversight and clear recusal procedures on related-party matters .
-
Attendance/engagement:
- No attendance data for Spiegel yet (not a FY2024 director). Inspirato’s FY2024 board held 57 meetings and each then-director met ≥75% attendance; not applicable to Spiegel .
RED FLAGS
- Controlled company status with potential exemptions from Nasdaq governance requirements .
- Prior ties to Reply.com/Buyerlink (One Planet Group entity) elevate related-party sensitivity and investor scrutiny .
- Concentrated ownership post-merger (One Planet Ops ~91%; Zamani ~92% beneficial) may limit minority influence on board composition and strategic decisions .
