Gregory Potts
LTRYAbout Gregory Potts
Gregory Potts is Chief Operating Officer of Lottery.com, appointed on December 6, 2023, after joining the company in December 2022 as Global Vice President of Affiliate Success; he is 54 years old as of January 30, 2025 . He brings 25+ years of strategic growth and marketing experience across consumer and B2B technology, syndicated data, and non-profit development, and is tasked with overseeing commercial growth and global operations at Lottery.com . External governance and network roles include trustee of WinTogether.org, board member at Medios Electrónicos Y De Comunicación, S.A.P.I. de CV, and President of the American Advertising Federation Lexington chapter . Recent proxy disclosures do not provide TSR, revenue growth, or EBITDA growth metrics tied specifically to Potts’ performance; executive bonuses were discretionary without specified metrics .
Past Roles
| Organization | Role | Years | Strategic Impact |
|---|---|---|---|
| Lottery.com | Chief Operating Officer | Dec 6, 2023 – present | Oversees reinvention of commercial growth and global operations |
| Lottery.com | Global Vice President, Affiliate Success | Dec 2022 – Dec 2023 | Led affiliate channel strategy and success initiatives |
External Roles
| Organization | Role | Years | Notes |
|---|---|---|---|
| WinTogether.org | Trustee | Current (as disclosed) | Non-profit governance |
| Medios Electrónicos Y De Comunicación, S.A.P.I. de CV | Board Member | Current (as disclosed) | External board experience |
| American Advertising Federation (Lexington chapter) | President | Current (as disclosed) | Industry leadership |
Fixed Compensation
| Year | Base Salary ($) | Actual Bonus ($) |
|---|---|---|
| 2023 | 204,680 | 4,170 |
- Bonuses are discretionary per Compensation Committee; target bonus % not disclosed .
Performance Compensation
Stock Awards
| Grant Date | Award Type | Shares Granted | Grant-Date Fair Value ($) | Vesting Schedule |
|---|---|---|---|---|
| Oct 10, 2023 | Common Stock under 2023 Employees Directors and Consultants Stock Issuance and Option Plan (S-8) | 25,000 | 72,750 | Not disclosed |
Options
- No option awards were granted to Potts for 2023; Option Awards ($) reported as “-” in the Summary Compensation Table .
Bonus Metrics and Payouts
| Metric | Weighting | Target | Actual | Payout | Vesting |
|---|---|---|---|---|---|
| Discretionary annual bonus | Not disclosed | Not disclosed | Not disclosed | 4,170 (2023) | Not applicable |
Equity Ownership & Alignment
| As of Record Date | Shares Outstanding | Potts Beneficial Ownership (Shares) | Ownership (%) |
|---|---|---|---|
| Dec 31, 2024 (Record Date per proxy) | 12,089,919 | 243,335 | 2.01% |
- Company policy prohibits hedging, monetization transactions, holding company securities in margin accounts, and pledging company securities as collateral, which reduces alignment risks from hedging/pledging; specific executive pledges were not disclosed and are prohibited by policy .
- Vested vs unvested share breakdown for Potts was not disclosed; no options outstanding as of 2023 .
- Stock ownership guidelines and compliance status were not disclosed in the proxy (no guideline discussion found).
Employment Terms
| Provision | Disclosed Terms |
|---|---|
| Appointment | Appointed COO on December 6, 2023 |
| Severance | No termination or change-in-control provisions in effect for NEOs as of December 31, 2023 |
| Change-of-Control | No change-in-control provisions in effect for NEOs as of December 31, 2023 |
| Clawback | Not disclosed in proxy; general Code of Conduct described but no compensation clawback provision specified |
| Hedging/Pledging | Prohibited by Insider Trading Policy (hedging, monetization, margin accounts, pledging) |
| Non-compete / Non-solicit / Garden leave | Not disclosed |
Investment Implications
- Alignment and ownership: Potts holds 243,335 shares (2.01%), plus a 25,000-share equity award in 2023, indicating meaningful alignment with shareholders; absence of options reduces risk of option repricing but also limits leverage to equity upside .
- Pay-for-performance linkage: 2023 compensation comprised base salary, a small discretionary cash bonus, and time-based stock; no explicit performance metrics, weightings, or PSU structures were disclosed, reducing direct pay-for-performance alignment signals .
- Retention and change-of-control economics: With no severance or change-of-control protections in effect for NEOs, retention risk could be elevated in adverse scenarios, while entrenchment risk is minimized .
- Trading overhang: Company policy bans hedging and pledging, mitigating selling pressure from margin calls or hedging programs; lack of disclosed Form 4 activity here limits visibility into near-term selling pressure from Potts specifically .
- Execution risk and tenure: Potts’ COO tenure began in Dec 2023 with mandate to oversee commercial growth and global operations; track record at LTRY is still being established in public filings without quantified performance metrics disclosed to date .