Angela Hurt
About Angela S. Hurt
Angela S. Hurt (age 49) is an independent Class I director of Landmark Bancorp, Inc. since 2023. She is President and Chief Executive Officer of Veracity Consulting, Inc., a business and technology consulting firm she founded in 2006, and serves on the board of Landmark National Bank (subsidiary) . The Board has affirmatively determined she is independent under Nasdaq rules . She brings entrepreneurial and technology-focused leadership with significant involvement in the Kansas City market .
Past Roles
| Organization | Role | Tenure | Committees/Impact |
|---|---|---|---|
| Veracity Consulting, Inc. | President & CEO | 2006–present | Founded and leads business/technology consultancy |
| Landmark National Bank | Director | Not disclosed (current) | Board member of the banking subsidiary |
External Roles
| Organization | Role | Tenure | Committees/Impact |
|---|---|---|---|
| Kansas City Tech Council | Board member | Current | Regional tech ecosystem engagement |
| Young Presidents’ Organization (Kansas City Chapter) | President | Current | Leadership within YPO community |
| Kansas City Sports Commission | Board member | Prior | Community sports governance |
| Women’s Employment Network | Board member | Prior | Workforce empowerment initiatives |
| Enterprise Center in Johnson County | Board member | Prior | Entrepreneurial support |
| American Indian Enterprise and Business Council | Board member | Prior | Business council service |
| KU Endowment Association | Board member | Prior | University philanthropy governance |
| UMKC Women’s Center | Board member | Prior | Academic community engagement |
No other public-company directorships in the past five years were disclosed for directors unless noted in their biographies; none are noted for Ms. Hurt .
Board Governance
- Independence: Independent director under Nasdaq standards; only the CEO (Ms. Wendel) and former CEO (Mr. Scheopner) are non-independent .
- Committees: Member, Nominating and Governance Committee; the committee’s membership rotates annually to ensure independence. In 2024, it included Hurt (Chair: Alexander); in 2025, it includes Hurt (Chair: Snapp) .
- Chair roles: Not disclosed as a chair for any committee; current Nominating & Governance chair is Snapp; Audit chair is Kohlrus; Compensation chair is Sloan .
- Attendance: Directors attended at least 75% of aggregate Board and committee meetings in 2024 .
- Meetings: Proxy states the Board held seven meetings in 2024 ; a separate section references six meetings (disclosure inconsistency) .
- Board leadership: Separate Chairman (Alexander) and CEO (Wendel) structure; lead independent director is Sloan; independent director sessions occurred once in 2024 .
- Governance policies: Code of Business Conduct and Ethics, Insider Trading Policy (anti-hedging), and Clawback Policy in place .
Fixed Compensation
| Component | 2024 Amount | Notes |
|---|---|---|
| Quarterly cash retainer | Included in cash fees | $5,000 per quarter for non-employee directors |
| Per-meeting fees | Included in cash fees | $2,000 per non-telephonic Board meeting; $1,000 for May and December meetings |
| Total cash fees (Hurt) | $28,600 | 2024 fees earned/paid in cash |
| Annual restricted stock grant (Hurt) | $10,005 | Grant-date fair value; directors were granted 523 restricted shares (adjusted for stock dividends) |
| Total (Hurt) | $38,605 | Sum of cash fees and stock award |
Grant vesting: 523 restricted shares vest 100% on May 21, 2025 .
Performance Compensation
- No performance-based director compensation (no PSU/option performance metrics or meeting fees tied to KPIs were disclosed for directors) .
| Performance Metric | Target | Actual | Weight | Payout Impact |
|---|---|---|---|---|
| Not applicable for non-employee directors | — | — | — | — |
Other Directorships & Interlocks
- Public companies: None disclosed in past five years for Ms. Hurt .
- Interlocks: No disclosed interlocks with competitors/suppliers/customers beyond community and nonprofit boards listed above .
Expertise & Qualifications
- Entrepreneurial and technology consulting expertise as founder/CEO of Veracity Consulting .
- Community and industry leadership across Kansas City organizations; governance experience via Landmark National Bank board .
- Board qualification rationale: Skills from running a local business and market involvement; deemed a qualified candidate for Board and Nominating & Governance Committee .
Equity Ownership
| Holder | Shares Beneficially Owned | % of Class | Notes |
|---|---|---|---|
| Angela S. Hurt | 5,486 | <1% | Beneficial ownership as of April 2, 2025 |
| 2024 director restricted stock grant | 523 (unvested at YE 2024) | — | Vests 100% on May 21, 2025; grant-date fair value $10,005 |
| Shares pledged as collateral | None disclosed | — | No pledge footnote for Hurt; Herpich disclosed pledged shares separately |
| Anti-hedging policy | Prohibits hedging transactions | — | Company policy applies to directors |
Governance Assessment
- Strengths:
- Independence and committee service on Nominating & Governance align with board refreshment and oversight mandates .
- Equity grant supports alignment; anti-hedging and clawback policies enhance investor protections .
- Lead independent director structure and regular executive sessions (albeit only once in 2024) provide independent oversight .
- Risks/RED FLAGS:
- One late Form 4 filed for a 2024 transaction (timeliness control weakness); similar issues noted for other directors .
- Board meeting count inconsistency (six vs. seven) across proxy sections indicates minor disclosure control risk .
- Conflicts and related-party exposure:
- Ordinary banking relationships with directors/officers are conducted on market terms; no specific related-party transactions involving Ms. Hurt were disclosed .
- Attendance and engagement:
- All directors met at least the 75% attendance threshold in 2024 (individual attendance not provided) .
Context: Prior say-on-pay approval was ~84% in 2022, indicating generally favorable shareholder views on compensation; the company continues triennial say-on-pay votes and maintains robust compensation oversight via an independent consultant (Blanchard Consulting Group) .