Amanda Black
About Amanda Black
Amanda E. Black is an independent director of InvenTrust Properties Corp. (IVT), serving since 2018 and currently chairs the Audit Committee; she is 49 years old . Her background includes Managing Director and Global Chief Investment Officer at JLP Asset Management, prior experience as Senior Vice President & Portfolio Manager at Ascent Investment Advisors (2011–2014), 20+ years investing experience focused on real estate/REITs, an MBA from Saint Louis University, B.S. from Southern Illinois University, a CFA designation earned in 2005, and a CPA license held from 2001 to approximately 2004 . The Board determined she is independent under NYSE standards .
Past Roles
| Organization | Role | Tenure | Committees/Impact |
|---|---|---|---|
| JLP Asset Management | Managing Director & Global Chief Investment Officer | Not disclosed (current role referenced) | Oversees global investments; specialization in real estate |
| Ascent Investment Advisors | Senior Vice President & Portfolio Manager | 2011–2014 | Co-managed global REIT mutual fund and hedge fund |
External Roles
- No other public company directorships disclosed in IVT’s 2025 proxy for Amanda Black .
Board Governance
- Committee assignments: Audit Committee Chair; qualifies as an “audit committee financial expert”; Audit Committee held 4 meetings in 2024 .
- Independence: Board determined Black is independent under NYSE rules .
- Attendance: The Board met 5 times in 2024; each director attended at least 75% of Board/committee meetings and all directors attended the May 7, 2024 annual meeting .
- Audit Committee Report: As Chair, Black joined the committee in recommending inclusion of audited financials in the 2024 Form 10-K and oversaw auditor independence review; the committee recommended ratification of KPMG for 2025 .
Fixed Compensation
| Component (2024) | Amount |
|---|---|
| Fees Earned or Paid in Cash | $89,375 |
| Annual Cash Retainer (Program) | $65,000 |
| Audit Committee Chair Retainer (Program) | $25,000 |
| Meeting Fees | None (no meeting fees under program) |
Notes:
- Program provides additional cash retainers for committee membership/chair roles; Audit member $12,500; Compensation member $10,000; Nominating & Corporate Governance member $10,000 .
- Business expenses reimbursed per policy .
Performance Compensation
| Equity Award | Grant Value | Grant Timing | Vesting | Unvested RSUs (12/31/2024) |
|---|---|---|---|---|
| Annual RSU Retainer | $120,000 | Granted at annual meeting (2024 annual meeting held May 7, 2024) | Vest in full on earlier of next annual meeting or first anniversary; settled in shares, subject to continued service | 4,829 RSUs; scheduled to vest on Annual Meeting date or May 6, 2025 |
- Director equity awards are time-based RSUs; no performance metrics disclosed for director equity (e.g., no TSR/EBITDA hurdles for directors) .
Other Directorships & Interlocks
- Compensation Committee Interlocks: In 2024, the compensation committee comprised Aitken (Chair), Saban, Stein, Swinehart, and Whitehurst; no member had relationships requiring disclosure under Item 404 of Regulation S‑K, and no executive officers had interlocking committee service with other issuers’ compensation committees .
Expertise & Qualifications
- Financial expert (Audit Committee): Black is designated as an “audit committee financial expert” under SEC rules .
- Real estate/REIT specialization and 20+ years investment experience .
- Credentials: MBA (Saint Louis University), B.S. (Southern Illinois University), CFA (2005), CPA license (2001–approximately 2004) .
Equity Ownership
| Holder | Shares Beneficially Owned | % of Shares Outstanding | Notes |
|---|---|---|---|
| Amanda E. Black | 22,546 | <1% | Amount includes 4,829 RSUs that will vest at Annual Meeting and settle within 60 days after; no shares pledged as security |
- Equity Retention Policy: IVT maintains stock ownership requirements applicable to directors under its Equity Retention Policy .
Governance Assessment
- Strengths: Independent director with deep real estate investment expertise; Audit Chair designated as financial expert; strong attendance and engagement; standardized director pay structure with modest cash and time-based equity supporting alignment; existence of equity retention policy and explicit no-pledging noted in beneficial ownership table .
- Oversight of conflicts: Audit Committee (chaired by Black) reviews and approves related person transactions per written policy; committee also oversees risk management, whistleblower procedures, and cybersecurity program .
- Shareholder signals: High say-on-pay support in 2024 (95.9%), indicating broad investor approval of executive pay practices and governance environment, indirectly supportive of board oversight credibility .
- Watch items: Director equity is purely time-based RSUs without performance conditions; monitor for any future related person transactions and continued auditor independence rigor given Audit Chair role .