Eran Goldshmit
About Eran Goldshmit
Independent director of Manhattan Bridge Capital, Inc. (LOAN), age 58, serving on the Board since March 1999. He is President of New York Diamond Center (since August 2001) and previously served as General Manager of Carmiel Shopping Center in Israel (December 1998–July 2001). He holds a BA in Business Administration (University of Humberside, December 1998) and certification as a financial consultant (School for Investment Consultants, Tel Aviv, February 1993) .
Past Roles
| Organization | Role | Tenure | Committees/Impact |
|---|---|---|---|
| Carmiel Shopping Center (Israel) | General Manager | Dec 1998–Jul 2001 | Operational leadership; retail center management |
External Roles
| Organization | Role | Tenure | Notes |
|---|---|---|---|
| New York Diamond Center (NY) | President | Aug 2001–Present | Private company leadership; industry experience in commerce |
Board Governance
- Independence: The Board determined Goldshmit is independent under Nasdaq rules; he is independent for Audit and Compensation Committee service .
- Committees: Member of Audit; Compensation; Corporate Governance and Nominating .
- Chair roles: None; Audit Committee chaired by Michael J. Jackson .
- Attendance and engagement (FY2024): Board held 2 meetings (plus six actions by written consent); Audit Committee held 4 meetings; Compensation Committee held 1 meeting (plus one written consent); Corporate Governance & Nominating Committee did not meet. All directors attended or participated in all Board and applicable committee meetings and attended the 2024 annual meeting .
| Committee | Membership | Chair? | FY2024 Meetings | Attendance |
|---|---|---|---|---|
| Audit | Member | No | 4 | Attended all |
| Compensation | Member | No | 1 | Attended all |
| Corporate Governance & Nominating | Member | No | 0 | N/A (no meetings) |
| Body | FY2024 Meetings | Attendance |
|---|---|---|
| Board of Directors | 2 | Attended all |
| Annual Meeting (2024) | — | Attended |
Additional governance policies:
- Insider trading/anti-hedging: Prohibits short sales, margin purchases, hedging/monetization transactions, and options/derivatives without prior written pre-clearance .
- Clawback: Compensation Committee administers clawback policy (scope not detailed in proxy) .
- Compensation consultant: None used in FY2024 for executive/director compensation decisions .
Fixed Compensation
| Year | Annual Cash Retainer | Committee Meeting Fee | Total Fees Earned (Cash) |
|---|---|---|---|
| 2024 | $16,750 | $300 per committee meeting attended | $17,950 (Goldshmit) |
Notes:
- Independent directors received only cash fees in 2024; $16,750 annual retainer plus $300 per committee meeting attended. Goldshmit’s total cash fees were $17,950 for 2024 .
Performance Compensation
| Metric | Disclosure for Directors (2024) |
|---|---|
| RSUs/PSUs (grant date, shares, FV) | None disclosed for directors |
| Stock options (strike, expiration, vesting) | None disclosed for directors |
| Performance metrics tied to director comp | None disclosed for directors |
| Meeting-based variable fees | $300 per committee meeting attended (cash) |
Other Directorships & Interlocks
| Company | Exchange | Role | Committee Roles | Interlocks/Overlap |
|---|---|---|---|---|
| None disclosed | — | — | — | No public company directorships disclosed in proxy . |
Expertise & Qualifications
- Certified financial consultant (Feb 1993); BA in Business Administration (Dec 1998) .
- Senior leadership in retail/commercial operations and small business management; President of New York Diamond Center since 2001 .
- Long-tenured independent director with multi-committee service (Audit, Compensation, Governance) .
Equity Ownership
| Beneficial Owner | Shares Owned | % of Class | Record Date | Shares Outstanding |
|---|---|---|---|---|
| Eran Goldshmit | 10,978 | <1% | Apr 25, 2025 | 11,438,651 |
Notes:
- Ownership reported includes shares beneficially owned; no pledging or hedging disclosed. Company policy prohibits hedging and certain derivative transactions absent pre-clearance .
Governance Assessment
- Independence and multi-committee participation: Goldshmit is independent and serves on Audit, Compensation, and Governance committees, supporting board oversight breadth .
- Attendance: Full participation across Board and committee meetings in FY2024 indicates strong engagement; all directors attended the annual meeting .
- Compensation structure: Cash-only director compensation with modest fees and no equity suggests limited additional ownership alignment from pay structure; however, Goldshmit holds 10,978 shares (<1%) .
- Policy controls: Anti-hedging restrictions and an insider trading policy are in place; Compensation Committee administers a clawback policy (details not specified) .
- Related-party/Conflicts: Proxy reports no related-party transactions in 2024 involving directors or officers beyond compensation, mitigating conflict concerns .
- Board process signals: Corporate Governance & Nominating Committee did not meet in 2024, which may indicate low cadence of formal governance reviews; Board conducted two meetings and used written consents six times .
Additional shareholder feedback:
- Say-on-pay: At the June 14, 2022 meeting, ~90% of votes cast approved executive compensation, indicating broad investor support at that time .
RED FLAGS
- None disclosed regarding legal proceedings, SEC investigations, option repricing, tax gross-ups, pledging, or related-party transactions in 2024 .