Lyron Bentovim
About Lyron Bentovim
Independent director (age 55 as of April 25, 2025) serving on Manhattan Bridge Capital’s Board since December 2008. Background spans CEO/president of The Glimpse Group (Nasdaq: VRAR), investment management, COO/CFO roles, and strategy consulting. Education: MBA, Yale School of Management; LL.B (law degree), Hebrew University of Jerusalem. Tenure on LOAN’s board: since December 2008; currently an Audit Committee member, with Board-designated independence under Nasdaq rules .
Past Roles
| Organization | Role | Tenure | Committees/Impact |
|---|---|---|---|
| Skiritai Capital LLC | Portfolio Manager | Jan 2002–Aug 2009 | Investment advisory experience |
| Sunrise Telecom, Inc. | COO & CFO | Aug 2009–Jul 2012 | Operational/financial leadership |
| Cabrillo Advisors LLC | COO, CFO & Managing Director | Not disclosed | Corporate finance advisory |
| NIT Health Inc. | COO & CFO | Mar 2013–Jul 2014 | Health IT operations/finance |
| Top Image Systems Ltd. (Nasdaq: TISA, former) | COO & CFO | Jul 2014–Aug 2015 | Public company finance/ops |
| WebBrix, Inc. | President, COO & Co‑founder | Not disclosed | Founding/operator experience |
| USWeb/CKS; Mitchell Madison Group; McKinsey & Company | Senior Engagement Manager | Not disclosed | Strategy consulting |
External Roles
| Organization | Listing | Role | Tenure/Notes |
|---|---|---|---|
| The Glimpse Group, Inc. | Nasdaq: VRAR | President & CEO | Immersive technology; NYC-based |
| Darklight Partners | Private | Managing Partner | Strategic advisor to small/mid-cap companies |
| RTW Inc.; Ault, Inc.; Top Image Systems Ltd.; Three‑Five Systems Inc.; Sunrise Telecom Inc.; Blue Sphere Corporation; Argonaut Technologies Inc. | Various | Director (prior) | Prior public company board service |
Board Governance
- Independence: Board determined Bentovim is independent under Nasdaq rules; LOAN’s committees are comprised solely of independent directors .
- Committee assignments: Audit Committee member; Audit chaired by Michael Jackson. Bentovim is not listed on Compensation or Corporate Governance & Nominating Committees .
- Attendance: 100% participation—Board (2 meetings, 6 written consents), Audit (4 meetings), Compensation (1 meeting, 1 written consent); Corporate Governance & Nominating did not meet. All directors attended the 2024 annual meeting .
- Investor support: 2025 election vote—For: 4,981,349; Withheld: 159,060; Broker non-votes: 3,377,777 .
- Insider trading/hedging: Policy prohibits short sales, margin purchases, hedging/monetization transactions, and options/derivatives without pre-clearance .
Fixed Compensation
| Component | FY 2024 Amount (USD) | Notes |
|---|---|---|
| Annual cash retainer | $16,750 | Applies to each independent director |
| Committee meeting fees | $300 per committee meeting | Audit Committee held 4 meetings in 2024 |
| Total fees earned (Bentovim) | $17,950 | Matches retainer + per‑meeting fees given meeting count |
Performance Compensation
| Element | Details |
|---|---|
| Equity grants (RSUs/PSUs/options) to non‑employee directors | None disclosed in FY 2024 proxy; director compensation presented as cash fees only |
| Performance metrics tied to director pay (revenue, EBITDA, TSR, ESG) | None disclosed for directors |
Other Directorships & Interlocks
| Company | Relationship to LOAN | Potential Interlock/Conflict |
|---|---|---|
| The Glimpse Group (VRAR) | No disclosed customer/supplier relationship to LOAN | No related‑party transactions in 2024 involving directors reported |
| Prior boards (RTW, Ault, TISA, Three‑Five, Sunrise Telecom, Blue Sphere, Argonaut) | Historical service | No current LOAN related‑party ties disclosed |
Expertise & Qualifications
- Finance and operations: Multiple CFO/COO roles at public and private companies; investment management experience .
- Technology/strategy: Leadership of immersive tech company; prior consulting at McKinsey and other firms .
- Education credentials: MBA (Yale), law degree (Hebrew University) .
- Committee fit: Financial literacy aligned with Audit Committee responsibilities; Audit Committee membership confirmed .
Equity Ownership
| Holder | Shares Beneficially Owned | % of Class |
|---|---|---|
| Lyron Bentovim | 39,287 | Less than 1% |
| Shares outstanding (record date) | 11,438,651 | — |
Additional governance signal—2025 Say‑on‑Pay & frequency votes:
- Say‑on‑Pay: For 4,748,053; Against 317,591; Abstain 74,765; Broker non‑votes 3,377,777 .
- Frequency: “Every 3 Years” received 3,444,382 votes; Board adopted triennial cadence (next vote in 2028) .
Governance Assessment
- Strengths: Independent status; full attendance; Audit Committee service; modest, cash‑only director pay structure; anti‑hedging policy; strong shareholder support in 2025 election .
- Alignment: Personal share ownership (39,287 shares; <1%) provides some at‑risk exposure; no director equity grants dilute independence incentives .
- Oversight quality: Committees comprised of independent directors; Audit chaired by a designated financial expert (Michael Jackson) .
- RED FLAGS: None disclosed specific to Bentovim. Proxy reports no related‑party transactions involving directors in 2024; no hedging permitted; no pledging policy disclosure, but hedging/derivatives restricted .
- Monitoring items: Continue to track any changes in committee composition, director compensation structure, and potential interlocks if VRAR or other affiliations transact with LOAN (none reported for 2024) .