Alexander Schultz - Director | LINDBLAD EXPEDITIONS HOLDINGS (LIND) Executive Profile & Compensation

About Alexander P. Schultz

Alexander P. Schultz (age 42) has served as an independent director of Lindblad Expeditions Holdings, Inc. since February 2022. He is Chief Marketing Officer and VP of Analytics at Meta (formerly Facebook), leading global consumer marketing and product analytics; prior roles include Marketing Manager at eBay. Schultz holds an M.S. in Natural Sciences from Magdalene College, Cambridge, specializing in experimental and theoretical physics .

Past Roles

Organization	Role	Tenure	Committees/Impact
Meta (Facebook)	Chief Marketing Officer; VP Analytics	2007–present; led internationalization since 2011 and analytics since 2015	Pioneered integration of product and direct response marketing; significant application user growth
eBay	Marketing Manager	Prior to 2007	Led global targeting for onsite merchandising

External Roles

Organization	Role	Tenure	Notes
Meta	CMO and VP Analytics	2007–present	Senior operating executive; not disclosed as a public-company director elsewhere

Board Governance

Independence: The Board determined Mr. Schultz qualifies as “independent” under Nasdaq listing standards .
Committee assignments: Member, Nominating Committee (M); not a chair on Audit or Compensation .
Board leadership context: Mark D. Ein serves as Co‑Chair and Lead Independent Director; Sven‑Olof Lindblad is Co‑Chair .
Attendance: Board met 8 times in 2024; each director attended at least 80% of aggregate Board and committee meetings while serving .
Committee activity: Nominating Committee met 3 times; Audit Committee met 4 times; Compensation Committee met 4 times in fiscal 2024 .

Fixed Compensation

Component	Amount ($)	Detail
Annual cash retainer	70,000	Non‑employee director cash fees (2024)
Committee chair fees	0	Not a chair; Audit Chair $25,000; Comp Chair $20,000; Nominating Chair $17,500 (for reference)
Equity grant (restricted stock)	109,999	Annual restricted stock grant; 14,647 shares per director granted Aug 2024, vest Aug 8, 2025 (grant-date fair value shown)
Total (2024 director compensation)	179,999	Fees + stock awards
Perquisites	Directors Expedition Policy	One expedition per calendar year at no cost to director; family may accompany at company cost plus airfare; designed to deepen business understanding
Deferred comp & ownership guidelines	Adopted Oct 2024	Directors can defer compensation or elect shares; guideline requires 5x cash retainer within five years

Performance Compensation

Performance-linked element	Status	Notes	Source
Performance equity (PSUs/options) for directors	None disclosed	Director equity is time‑vested restricted stock; no director performance metrics disclosed

Other Directorships & Interlocks

Current public company boards: None disclosed for Mr. Schultz .
Related-party/Interlocks: No related-party transactions disclosed involving Mr. Schultz; the only related-party disclosure noted was employment of Allison Fahey (daughter of director John Fahey) in 2024 .

Expertise & Qualifications

Domain expertise: Product and direct response marketing; analytics leadership; global consumer marketing .
Education: M.S. Natural Sciences, Magdalene College, Cambridge (physics specialization) .

Equity Ownership

Category	Shares	% of Outstanding	Notes
Total beneficial ownership (common)	232,301	* (<1%)	As of April 8, 2025; footnote denotes less than 1%
Unvested restricted stock (excluded from above)	14,647	N/A	Vests August 8, 2025
Pledged/hedged shares	None disclosed	N/A	Company policy restricts hedging that removes full risks/rewards; clawback policy adopted

Say‑on‑Pay & Shareholder Feedback

2024 advisory vote (referenced in CD&A): 77% of votes cast approved executive compensation; program improved to better link pay to performance .
2025 annual meeting results: Say‑on‑pay received 39,627,579 For, 7,309,085 Against, 1,274,051 Abstain; shareholders also approved amending the 2021 LTIP share reserve .

Governance Policies & Risk Controls

Anti‑hedging: Officers and directors may not engage in hedging that allows holding company securities without full risks/rewards; outlines potential monetization mechanisms and restrictions .
Clawback: Company has a clawback policy to recover erroneously awarded incentive compensation from NEOs, filed as an exhibit to the Annual Report .
Equity plan discipline: No liberal share recycling, no option repricing without shareholder approval, director annual compensation cap $500,000 under plan features; “No tax gross ups” noted .

Governance Assessment

Board effectiveness: Schultz brings deep digital marketing and analytics expertise aligned with Lindblad’s need to drive demand and brand engagement; as a Nominating Committee member, he contributes to board composition and governance processes .
Alignment and independence: Independent status, solid attendance, and straightforward director pay structure (cash + time‑vested stock) support investor confidence .
Ownership alignment: Holds 232,301 shares (<1%), plus a standard annual restricted stock grant; directors subject to 5x retainer ownership guideline over five years (individual compliance status not disclosed) .
Compensation risk: No director performance‑linked pay or option repricing; clear plan controls and clawback reduce governance risk .

Potential RED FLAGS

Perquisites optics: Free annual expedition for directors (family at cost) may draw scrutiny if perceived as excessive; however, policy is framed as business immersion and includes cost controls .
Interlocks/related parties: None disclosed for Schultz; related‑party exposure limited to director’s family employment elsewhere on Board (Allison Fahey); Audit Committee reviews related‑party transactions .

Notes

Re‑election: Schultz was nominated and elected as a Class A director in 2025 to serve until the 2028 annual meeting .
Beneficial ownership table methodology includes derivatives exercisable within 60 days; director percent ownership for Schultz indicated as under 1% .