Tiffany Hayden
About Tiffany Hayden
Tiffany Hayden is Vice President at The LGL Group, Inc., appointed April 7, 2025; she is 42 and holds a B.A. in Economics from the University of Texas at Austin . Prior to LGL, she served as Chief Compliance Officer at Teton Advisors, Inc. since 2022 and previously was Managing Director and Secretary at Teton (2008–2022) . Company performance context during the year preceding her appointment: FY2024 revenue was $4.292 million vs. $3.678 million in FY2023, net income was $432,000 vs. $269,000, and diluted EPS was $0.08 vs. $0.05 . LGL’s pay-versus-performance disclosure shows TSR value of an initial $100 investment at $104.91 for 2023 and $102.00 for 2024, indicating modest share price movement around flat over this two-year span .
Past Roles
| Organization | Role | Years | Strategic Impact |
|---|---|---|---|
| The LGL Group, Inc. | Vice President (officer) | 2025–present | Executive officer role supporting governance and operations |
| Teton Advisors, Inc. | Chief Compliance Officer | 2022–present | Compliance leadership and regulatory oversight |
| Teton Advisors, Inc. | Managing Director; Secretary | 2008–2022 | Corporate administration and governance support |
External Roles
| Organization | Role | Years | Strategic Impact |
|---|---|---|---|
| Teton Advisors, Inc. | Chief Compliance Officer | 2022–present | Compliance program leadership; regulatory adherence |
Fixed Compensation
- Specific base salary, target bonus, and benefits for Ms. Hayden have not been disclosed in LGL’s 2025 proxy or related filings .
Performance Compensation
- Ms. Hayden’s award types and amounts are not disclosed. Company-wide, executives are eligible under the 2021 Incentive Plan with short‑term goals including revenue growth, EBITDA, EPS, and ROE, and long‑term goals focused on increasing total market value; the Compensation Committee may add or substitute metrics (e.g., operating income after tax, ROCE, shareholder return) .
- LGL has not granted stock options since 2019; timing of awards is represented as not coordinated with material nonpublic information .
Equity Ownership & Alignment
| Holder | Shares Beneficially Owned | % of Outstanding Shares |
|---|---|---|
| Tiffany Hayden | — | <1%* |
*Less than 1% as denoted in the proxy; outstanding shares were 5,389,211 as of April 25, 2025 .
- Hedging and pledging: LGL discourages hedging/pledging but has no formal prohibition, which is a weaker alignment posture versus peers that ban such practices .
- Insider trading policy prohibits trading while in possession of MNPI and outlines compliance expectations for officers .
- Equity ownership guidelines for executives are not disclosed .
Employment Terms
- Appointment and tenure: Named an officer on April 7, 2025 .
- Employment agreements: None; LGL discloses no executive employment agreements, implying at-will arrangements .
- Clawback policy: Adopted in 2023 in line with SEC/NYSE American rules, requiring recoupment of erroneously awarded incentive compensation for current/former executive officers over the three completed fiscal years preceding any required restatement; no clawback actions reported for 2024 .
- Proxy authority: Ms. Hayden is a named proxy holder for voting at the 2025 Annual Meeting (discretion on additional matters), indicating board-level trust and involvement in shareholder processes .
Company Performance Context
| Metric | FY 2023 | FY 2024 |
|---|---|---|
| Revenues ($USD) | $3,678,000 | $4,292,000 |
| Net Income ($USD) | $269,000 | $432,000 |
| Diluted EPS ($USD) | $0.05 | $0.08 |
| Gross Margin (%) | 53.9% | 53.0% |
| TSR – $100 initial value | $104.91 | $102.00 |
Investment Implications
- Alignment: As of the record date, Ms. Hayden reported no beneficial ownership; combined with a policy that only discourages hedging/pledging, near-term ownership alignment appears limited until equity awards or open-market purchases are disclosed .
- Retention risk: Absence of employment agreements and no disclosed severance/change‑of‑control protections point to at‑will terms—good for cost control but potentially higher turnover sensitivity; however, clawback policy strengthens accountability .
- Pay-for-performance: While her individual incentives are undisclosed, company plans tie awards to revenue, EBITDA, EPS, ROE, and market value, supporting performance linkage if/when grants occur .
- Trading signals: No Form 4 activity or vesting schedules are disclosed for Ms. Hayden; monitor future proxies and Section 16 filings for initial grants, vesting, pledging/hedging, and any sales that could indicate pressure or alignment changes .
