Eyal Manor
About Eyal Manor
Eyal Manor, 51, has served as an independent Class I director of Kaltura since January 2023. He is a seasoned product and engineering leader, formerly Chief Product & Engineering Officer at Twilio (2021–2023) and VP & GM at Google Cloud (2016–Nov 2021), with earlier roles as VP Engineering at YouTube; he graduated from Tel Aviv University in 1994. Kaltura’s Board has affirmatively determined he is “independent” under Nasdaq rules. Beneficial ownership: 282,138 Kaltura shares (<1%).
Past Roles
| Organization | Role | Tenure | Committees/Impact |
|---|---|---|---|
| Twilio, Inc. (NYSE: TWLO) | Chief Product & Engineering Officer | 2021–2023 | Oversaw CPaaS and Segment’s CDP; enterprise SaaS execution experience. |
| Google Cloud | Vice President & General Manager | 2016–Nov 2021 | Led Kubernetes, Serverless Developer Platforms, Marketplace, and related products; deep platform tech expertise. |
| YouTube (Google) | VP Engineering | Prior to Google Cloud role | Spearheaded development of advertising products; scaled consumer-tech monetization. |
| Voice/Video SaaS streaming startup | Founder | Prior to Google | Early-stage founder experience in streaming SaaS. |
| Israeli Air Force (IAF) Research Group | Member | Prior to tech roles | Technical research background. |
External Roles
| Category | Company/Institution | Role | Status |
|---|---|---|---|
| Public company board | — | — | None disclosed in KLTR proxy. |
| Private/non-profit/academic boards | — | — | None disclosed in KLTR proxy. |
Board Governance
| Item | Detail |
|---|---|
| Board class and term | Class I; nominated for re‑election in 2025 to serve through the 2028 annual meeting. |
| Independence | Determined independent under Nasdaq rules. |
| Committee assignments | Compensation Committee (member); Nominating & Corporate Governance Committee (member). Not a chair. |
| Committee meeting cadence (2024) | Audit: 7; Compensation: 7; Nominating & Corporate Governance: 4. |
| Board meetings (2024) | 10 meetings; each director attended >75% of Board and applicable committee meetings. |
| Lead Independent Director | Ronen Faier; presides executive sessions and sets agendas. |
| Executive sessions | Independent directors meet without management regularly, at least twice per year. |
| Nomination source | Recommended by CEO/Chairman Ron Yekutiel to the Nominating Committee. |
Fixed Compensation
| Component | Amount | Notes |
|---|---|---|
| Fees earned (cash) – 2024 | $30,000 | As reported for Manor. |
| Annual RSU grant value – 2024 | $180,000 | RSUs vest in full immediately prior to the next annual meeting; accelerate upon change in control. |
Director compensation policy rates (for context):
| Role | Annual Cash Retainer/Fee |
|---|---|
| Non‑employee director base retainer | $35,000 |
| Lead Independent Director | +$15,000 |
| Audit Chair / Member | $20,000 / $10,000 |
| Compensation Chair / Member | $14,000 / $7,000 |
| Nominating & Gov Chair / Member | $8,000 / $4,000 |
Performance Compensation
| Element | Structure | Metrics/Terms |
|---|---|---|
| Director bonus | None disclosed | No director cash bonus program disclosed. |
| Director RSUs (annual grant) | Time‑based vesting | Vesting is service‑based (time‑based), not tied to performance metrics; accelerate upon change in control. |
Other Directorships & Interlocks
| Type | Detail |
|---|---|
| Current public company directorships | None disclosed. |
| Interlocks or related‑party transactions | No related‑party transactions involving Manor disclosed for 2024–2025; Audit Committee oversees such matters per policy. |
Expertise & Qualifications
- Product and engineering leadership across large-scale cloud platforms (Kubernetes, serverless, developer platforms) and CPaaS/data platforms; relevant to KLTR’s SaaS/video solutions.
- Advertising technology and monetization experience from YouTube; commercialization insight for enterprise media platforms.
- Founder background in voice/video SaaS; operational understanding of streaming technologies.
- Independence under Nasdaq; contribution to board diversity of expertise.
Equity Ownership
| Metric | Value |
|---|---|
| Total beneficial ownership | 282,138 shares; <1% of outstanding. |
| Unvested RSUs outstanding (12/31/2024) | 157,310 units. |
| Options outstanding | None. |
| Section 16(a) compliance | All required insider reports timely filed for 2024. |
| Hedging policy | Company prohibits director hedging of KLTR stock. |
Governance Assessment
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Strengths: Independent status; deep cloud/SaaS platform expertise aligned with KLTR strategy; active service on Compensation and Nominating committees; board attendance >75%; equity‑based director pay supports alignment.
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Compensation structure: Standard non‑employee director cash retainer and annual time‑vested RSUs; no performance‑metric‑based director pay reduces risk of short‑termism.
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Conflicts and related‑party risk: No related‑party transactions linked to Manor; robust Audit Committee oversight and formal Related Person Transaction Policy.
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Board design considerations: Staggered board may reduce immediate accountability to shareholders (common in smaller tech issuers); mitigated by presence of Lead Independent Director and executive sessions.
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Nomination optics: Manor’s candidacy was recommended by the CEO/Chairman; while typical, nomination sourcing warrants ongoing attention to preserve perceived independence.
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RED FLAGS: None disclosed regarding low attendance, pledging, related‑party transactions, or director‑specific pay anomalies. Anti‑hedging policy in place; Section 16 compliance satisfactory.