Marisa D. Drew
Liberty GlobalAbout Marisa D. Drew
Marisa D. Drew, age 60, has served as an independent Class III director of Liberty Global Ltd. since March 2022. She brings over 35 years of international investment banking experience and currently serves as Chief Sustainability Officer at Standard Chartered, with prior senior roles at Credit Suisse and Merrill Lynch, underpinning expertise in capital markets, M&A, and ESG strategy .
Past Roles
| Organization | Role | Tenure | Committees/Impact |
|---|---|---|---|
| Credit Suisse | Chief Sustainability Officer; Global Head of Sustainability Strategy, Advisory & Finance; Co-Head Investment Banking & Capital Markets (EMEA); Global Co-Head Global Markets Solutions | ~19 years | Led sustainability financing and senior IB roles; recognized industry leader |
| Merrill Lynch | Leveraged Finance (helped form European Leveraged Finance Group) | Prior to Credit Suisse | Built European leveraged finance capability |
External Roles
| Organization | Role | Since | Notes |
|---|---|---|---|
| Standard Chartered | Chief Sustainability Officer | 2022 | Current role |
| Agronomics Limited | Non-executive director | March 2023 | Public company directorship |
| Sunrise Communications Group AG | Director (subsidiary of Liberty Global) | Nov 2020 – Apr 2021 | Former public company directorship |
| City of London Corporation | Non-executive director | n/a | Public sector governance role |
| Room-to-Read (EMEA Advisory Board) | Advisory board member | n/a | Non-profit engagement |
| Additional advisory roles | FCA Markets Practitioners Panel; Aspen Institute UK; Milken Institute CSP; UN working groups; Wharton EMEA Advisory Board | n/a | ESG and policy expertise |
Board Governance
- Independence: The board affirmatively determined Ms. Drew is independent under Nasdaq and SEC rules .
- Committee assignments: People Planet Progress Committee member; not a chair .
- Committee remit: PPP Committee reviews material ESG strategies, objectives, risks, and provides guidance to ESG and DE&I councils .
- Tenure/classification: Class III director; nominated for re‑election at the 2025 AGM with a term through the 2028 AGM .
- Attendance: In 2024, the board met 6 times; committees met Audit 6, Compensation 12, Nominating 1, PPP 5, Succession 1, and each director attended at least 75% of board and applicable committee meetings .
- Engagement: Independent directors held two executive sessions without management in 2024; Paul A. Gould presided as audit chair .
Fixed Compensation
| Component | 2022 | 2024 |
|---|---|---|
| Annual cash retainer | $102,637 | $150,000 |
| Committee chair fees (if applicable) | None (not a chair) | None (not a chair) |
| Policy change | Retainer level for non-employee directors was $130,000 in 2023; increased to $150,000 starting 2024 | |
| All other compensation (travel/benefits) | $652 | $1,876 |
| Deferred comp above-market earnings | n/a | $6,342 |
Notes:
- Standard director fees are payable quarterly and may be elected in shares; directors may defer up to 85% of fees and certain RSUs under the Director Deferred Compensation Plan .
Performance Compensation
| Equity Grant Structure (Annual) | 2022 | 2024 |
|---|---|---|
| Annual equity grant total target | $200,000 combined options/RSUs | $230,000 combined options/RSUs |
| Option awards – Class A | $40,076 | $56,788 |
| Option awards – Class C | $83,000 | $58,198 |
| RSU awards – Class A | $39,650 | $56,694 |
| RSU awards – Class C | $83,486 | $58,328 |
| Vesting terms | Options vest in three installments at successive AGMs; 10-year term | Options vest in three installments at successive AGMs; RSUs vest at next AGM; 10-year term |
Performance metrics: Director equity awards are service‑based; there are no financial/operational performance targets tied to director compensation .
Other Directorships & Interlocks
- Public boards: Agronomics Limited (current); Sunrise (former) .
- Interlocks/related parties: No Item 404 related-party transactions disclosed for Ms. Drew; standard conflict oversight requires independent committee approval for any director-related transactions .
Expertise & Qualifications
- Domain expertise: International investment banking; leverage finance; capital markets; sustainability/ESG strategy .
- Recognitions: Sustainability Magazine Top 10 CSOs; Meaningful Business/Ernst & Young Global Visionary Leaders .
- Board contribution: ESG and capital markets proficiency aligned with PPP committee remit and Liberty Global’s capital allocation/portfolio activities .
Equity Ownership
| Class | Shares Beneficially Owned (as of Mar 27, 2025) | Percent of Class | Notes |
|---|---|---|---|
| Class A | 23,407 | <1% | Includes securities exercisable/vestable within 60 days where applicable |
| Class C | 37,985 | <1% | |
| Equity instruments within 60 days | A RSUs: 3,333; C RSUs: 3,333; A SARs/Options: 18,277; C SARs/Options: 31,063 | n/a | Composition of near-term vest/exerciseable instruments |
| Pledged shares | None disclosed for Ms. Drew | n/a | Hedging/pledging permitted with pre-clearance; short sales prohibited |
Governance Assessment
- Positives: Independent status affirmed; PPP committee membership leverages ESG expertise; at least 75% attendance in 2024; no related-party transactions disclosed; modest but aligned equity ownership with near-term RSU/SAR exposure; retainer and equity grants consistent with peers and updated policy levels (cash + equity) .
- Pay structure: Mix shifted modestly higher in 2024 (retainer $150k vs $130k prior; equity $230k vs $200k) in line with board compensation policy updates; equity remains at-risk via options with multi-year vesting, supporting alignment without performance targets for directors .
- Potential risks/red flags: None identified specific to Ms. Drew—no pledging noted; no Item 404 transactions; attendance threshold met; not a chair of committees where consultant conflicts can arise. General policy permits pledging with pre-clearance, which could introduce risk if used extensively, but no such disclosure for Ms. Drew .
Overall signal: Governance profile is supportive of investor confidence—independent, active on ESG oversight, with standard director pay and clean conflict disclosures, and equity-based compensation that encourages long-term alignment .