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Michael J. Jackson

Director at MANHATTAN BRIDGE CAPITAL
Board

About Michael J. Jackson

Michael J. Jackson is an independent director of Manhattan Bridge Capital, Inc. (LOAN), age 60, serving on the Board since July 2000. He is Chief Financial Officer of Radius Global Market Research (since May 2017), holds an MBA in Finance from Hofstra University, and is a certified public accountant; he previously served in senior finance roles at Ethology, Tallwave, iCrossing, and AGENCY.COM, and earlier at Arthur Andersen and Ernst & Young. The Board designated him as the Audit Committee Chair and as an “Audit Committee Financial Expert” under Item 407(d)(5) of Regulation S‑K.

Past Roles

OrganizationRoleTenureCommittees/Impact
Radius Global Market ResearchChief Financial OfficerMay 2017–present Senior finance leadership in research/analytics
Ethology, Inc.CFO & EVPMar 2016–Apr 2017 Finance leadership at digital marketing agency
Tallwave, LLCCFO & EVPMar 2016–Apr 2017 Finance leadership at innovation agency
iCrossing, Inc.CFO & EVPApr 2007–Feb 2016 Scaled digital agency finance ops
AGENCY.COMEVP & CFO; CAO; Corporate ControllerOct 1999–Apr 2007; CAO from May 2000; Controller Aug 1999–Sep 2001 Public-company reporting and controls
Arthur Andersen LLP; Ernst & Young LLPSenior Manager; ManagerOct 1994–Aug 1999 Audit/SEC reporting expertise

External Roles

OrganizationRoleTenureNotes
AvenueZ, Inc. (private)DirectorCurrent Digital marketing technology company
Adstar, Inc. (OTC PINK: ADST)DirectorFive years ended May 2008 Prior public company board experience
NYSSCPAAuditing Standards & Procedures Committee; SEC Committee1998–1999; 1999–2001 Professional standard-setting involvement

Board Governance

TopicDetail
IndependenceBoard determined Jackson is independent under Nasdaq rules; majority of the Board is independent .
CommitteesAudit Committee (Chair); Compensation Committee (Member); Corporate Governance & Nominating Committee (Member) .
Financial ExpertDesignated Audit Committee Financial Expert under Item 407(d)(5) .
Meetings & Attendance (FY2024)Board: 2 meetings; Audit: 4; Compensation: 1 (plus 1 written consent); Corporate Governance & Nominating: 0. All directors attended/participated in all Board and committee meetings on which they served; all then-current directors attended the 2024 annual meeting .
Board LeadershipCEO Assaf Ran also serves as Chairman; Board annually reviews leadership structure .
Anti-Hedging/TradingInsider trading policy prohibits short sales, purchases on margin, and hedging/monetization transactions without prior written pre-clearance .

Fixed Compensation

Component2024 Amount / Policy
Annual cash retainer (independent directors)$16,750
Per-committee meeting fee$300 per committee meeting attended
Michael J. Jackson – 2024 fees earned (cash)$17,950

No additional retainers for committee chairs or equity retainer disclosed for directors in 2024 .

Performance Compensation

Element2024 Detail
Equity grants to directors (RSUs/PSUs/options)None disclosed for directors in 2024
Performance metrics tied to director payNot disclosed; director compensation appears cash-only in 2024
Clawback policy (oversight)Compensation Committee administers clawback policy (executive-focused)

Other Directorships & Interlocks

CompanyRolePotential Interlock/Conflict
AvenueZ, Inc. (private)DirectorNo related-party transactions with LOAN reported for 2024
Adstar, Inc. (OTC PINK: ADST)Former DirectorHistorical; no current interlock with LOAN disclosed

Expertise & Qualifications

  • CPA with extensive public-company audit and CFO experience (Arthur Andersen/EY; CFO at multiple digital/technology firms) .
  • MBA in Finance (Hofstra University) .
  • Audit Committee Chair; designated Audit Committee Financial Expert .
  • Prior participation in NYSSCPA auditing and SEC committees, indicating technical proficiency in financial reporting and oversight .

Equity Ownership

HolderBeneficial Ownership (shares)% of ClassNotes
Michael J. Jackson41,344 <1% Based on 11,438,651 shares outstanding as of Apr 25, 2025

Company policy restricts hedging/monetization and margin purchases without pre-clearance; no pledging disclosure specific to Jackson provided in the proxy .

Governance Assessment

  • Strengths

    • Independent director; Audit Chair; designated financial expert—enhances financial reporting oversight .
    • 100% attendance at Board and committee meetings in FY2024; high engagement .
    • Anti-hedging/derivatives restrictions enhance alignment with long-term shareholders .
    • No 2024 related-party transactions involving directors/officers reported—low conflict exposure .
    • Shareholder support context: say‑on‑pay approval ~90% at 2022 meeting, indicating general governance support (exec comp) .
  • Areas to Monitor / Potential RED FLAGS

    • Long tenure (on the Board since July 2000) may raise independence/refreshment concerns among some investors despite formal independence status. Consider periodic refresh and succession on key committees.
    • Combined CEO/Chair structure persists; some investors prefer an independent chair or strong lead independent director to balance management power.
    • Corporate Governance & Nominating Committee did not meet in FY2024; combined with only two full Board meetings, this could signal limited cadence for governance/board refresh planning.
    • Director compensation is cash-only with modest levels and no disclosed equity retainer; while Jackson holds shares, lack of structured equity grants may reduce explicit ownership-linked incentives for directors.
  • Net View

    • Jackson’s audit leadership, financial expertise, and perfect attendance support board effectiveness and investor confidence. Governance cadence and leadership structure merit ongoing monitoring; however, absence of related-party conflicts and strong audit oversight are positives.