Kevin Klausmeyer
About Kevin Klausmeyer
Independent director since 2019 (Class III; term ends at the 2026 annual meeting), age 66, and Chair of Jamf’s Audit Committee; designated by the Board as an audit committee financial expert. He holds a BBA in Accounting from the University of Texas and has extensive board and CFO experience in technology companies .
Past Roles
| Organization | Role | Tenure | Committees/Impact |
|---|---|---|---|
| Hortonworks | Director | Aug 2014 – Jan 2019 | Board service until merger with Cloudera |
| Cloudera, Inc. | Director | Jan 2019 – Oct 2021 (take-private) | Post-merger service; exited at take-private |
| KnowBe4, Inc. | Director | Until Feb 2023 (take-private) | Board oversight until transaction close |
| Callidus Software Inc. | Director | Apr 2013 – Apr 2018 (acquired by SAP) | SaaS sales/marketing oversight |
| Sourcefire, Inc. | Director | Apr 2013 – Oct 2013 (acquired by Cisco) | Network security governance |
| Quest Software, Inc. | Director | Jul 2003 – Sep 2012 (acquired by Dell) | Long-tenured software oversight |
| The Planet, Inc. | Chief Financial Officer | Jul 2006 – Feb 2011 | IaaS pioneer; later acquired by SoftLayer/IBM |
External Roles
| Company | Role | Status |
|---|---|---|
| Multiple prior public boards (Hortonworks, Cloudera, KnowBe4, Callidus, Sourcefire, Quest) | Director | All exited via acquisitions/take-privates; no current public boards disclosed beyond Jamf |
Board Governance
- Independence: Board affirmed Klausmeyer is independent under Nasdaq rules .
- Committee assignments: Audit Committee Chair; other members: Gambale and Durand. Compensation & Nominating Committee members: Leite (Chair), Breach, Fosnaugh, Taylor .
- Audit committee financial expert: Board determined Klausmeyer qualifies under Item 407(d)(5) of Regulation S-K .
- Meetings/attendance: In 2024 the Board met 6 times; Audit Committee 4; Compensation & Nominating Committee 4. Each director attended at least 75% of relevant meetings .
Fixed Compensation
| Component (2024) | Amount |
|---|---|
| Annual director cash retainer | $100,000 |
| Audit Committee Chair cash fee | $20,000 |
| Total cash fees received (Klausmeyer) | $120,000 |
| Annual director RSU grant (fair value) | $149,997 |
| Total reported director compensation (Klausmeyer) | $269,997 |
- Non-employee director compensation structure: $100,000 cash retainer; $20,000 additional for committee chair; $150,000 in RSUs; Vista-affiliated directors and the CEO receive no director fees .
Performance Compensation
| Element | Detail |
|---|---|
| Performance-conditioned equity (PSUs/options) for directors | None disclosed; director equity is RSUs (time-based) |
| Meeting fees | Not disclosed; compensation provided via retainer/chair fee and RSUs |
| Clawback policy | Company clawback applies to incentive-based compensation of executive officers per Nasdaq 10D; no director-specific performance awards disclosed |
Other Directorships & Interlocks
- Current public company boards: None disclosed for Klausmeyer beyond Jamf .
- Compensation committee interlocks: Company discloses no interlocking relationships among board members and others’ compensation committees .
- Vista influence: Five directors are Vista personnel; Vista holds nomination rights and committee participation rights proportionate to ownership per Director Nomination Agreement .
Expertise & Qualifications
- Designated audit committee financial expert; deep finance and audit oversight experience .
- Former CFO (The Planet, Inc.) with operational finance leadership in IaaS .
- Extensive governance across security and enterprise software boards (Sourcefire, Callidus, Quest, Hortonworks, Cloudera, KnowBe4) .
- Education: BBA in Accounting, University of Texas .
Equity Ownership
| Metric (as of Apr 14, 2025) | Value |
|---|---|
| Total beneficial ownership (shares) | 41,367 |
| Ownership % of shares outstanding | <1% |
| RSUs vesting within 60 days | 9,416 |
| Pledged/hedged shares | Company policy prohibits hedging/pledging without Legal approval; no pledges disclosed for Klausmeyer |
Governance Assessment
- Strengths: Independent director; Audit Committee Chair; audit financial expert designation; active committee oversight of related-party transactions; clear insider trading/hedging/pledging restrictions; robust risk oversight described for Audit Committee .
- Alignment: Receives standard director mix (cash retainer + RSUs), with modest personal share ownership and unvested RSUs outstanding; no performance-based director awards disclosed, which is typical for governance-focused independence .
- Risks/Red Flags: Significant sponsor influence (Vista) via nomination agreement and board/committee participation; related-party transactions with Vista entities and VCG could present perceived conflicts, though Audit Committee reviews/approves related-party transactions; virtual-only shareholder meetings may limit in-person engagement preferences for some investors .
- Attendance/engagement: Board and committees met regularly; directors achieved at least 75% attendance, supporting engagement expectations .