Ping Fu
Live Nation EntertainmentAbout Ping Fu
Ping Fu, age 66, has served as an independent director of Live Nation Entertainment since 2018 and is a member of the Audit Committee. A technology entrepreneur, she co-founded Geomagic (3D imaging software) and later served as Chief Entrepreneur Officer at 3D Systems (2013–2016). Her expertise spans AI, cybersecurity, immersive technologies, and enterprise software; she also serves on boards at Capstone Green Energy Corporation and the Burning Man Project. The Board has affirmatively determined she is independent under NYSE and company guidelines.
Past Roles
| Organization | Role | Tenure | Committees/Impact |
|---|---|---|---|
| Geomagic, Inc. | Co-Founder; CEO | 1997–2013 | Built pioneering 3D imaging software; led through acquisition (2013) |
| 3D Systems Corporation | Chief Entrepreneur Officer | 2013–2016 | Led global innovation initiatives |
| U.S. public policy/diplomacy | Advisor | Not disclosed | Advised U.S. presidents; supported international diplomacy and innovation strategies |
External Roles
| Organization | Role | Tenure | Notes |
|---|---|---|---|
| Capstone Green Energy Corporation | Director | Current | Public company directorship |
| Burning Man Project | Director | Current | Non-profit board role |
Board Governance
- Committee memberships: Audit Committee member; Audit Committee members are independent and financially literate; Audit Committee financial experts are Jeff Hinson and Jim Kahan. Ping Fu is not designated the financial expert.
- Independence: Board determined Ping Fu is independent; 10 of 11 nominees are independent.
- Board meetings and attendance: Board met four times in 2024; all incumbent directors attended at least 75% of aggregate board and committee meetings. Nine of eleven directors attended the 2024 annual meeting.
- Board leadership: Non-executive Chairman (Randall Mays) presides over executive sessions of non-management directors.
- Stock ownership guidelines: Directors must own at least 5x annual cash retainer (currently minimum $500,000) within three years of board service.
- Related-party transactions policy: Audit Committee oversees all related-person transactions >$120,000; no related-person transactions disclosed for Ping Fu.
Fixed Compensation
| Component | Amount | Notes |
|---|---|---|
| Annual director cash retainer | $100,000 | Non-employee directors |
| Audit Committee membership fee | $21,000 | For each Audit Committee member |
| Committee chair fees (reference) | $18,000 (Audit Chair) | Ping Fu is not a chair |
| Equity grant (policy) | $200,000 restricted stock | Based on average closing price over prior 20 trading days; Chairman receives additional $120,000 RS grant |
| Meeting fees | None | No per-meeting fees |
2024 actual director compensation (Ping Fu):
| Year | Fees Earned or Paid in Cash ($) | Stock Awards ($) | Total ($) |
|---|---|---|---|
| 2024 | 121,000 | 188,362 | 309,362 |
Equity vesting terms:
- Restricted stock awards generally vest in full on the first anniversary of grant (on-cycle; off-cycle vest aligned to on-cycle grants).
Performance Compensation
| Metric | Applicability to Director Compensation | Notes |
|---|---|---|
| Performance-based vesting | Not applicable | Director equity grants are time-based restricted stock (no performance metrics) |
Other Directorships & Interlocks
| Company/Entity | Role | Potential Interlocks/Conflicts |
|---|---|---|
| Capstone Green Energy Corporation | Director | No related-party transactions disclosed with LYV involving Ping Fu |
| Burning Man Project | Director | Non-profit; no LYV related-party exposure disclosed |
- Liberty Media representation: Two Liberty nominees serve on LYV’s Board pursuant to a stockholder agreement; Ping Fu is not a Liberty nominee. Committee representation rights for Liberty are waived.
- Related-party transactions: Disclosed dealings include Atlanta Braves Holdings and a satellite radio company (historically affiliated with Liberty) on arm’s-length terms; no Ping Fu involvement disclosed.
Expertise & Qualifications
- Technology and cybersecurity expertise, with leadership in AI, immersive tech, and enterprise software.
- Founding and scaling experience in software; global innovation leadership at 3D Systems.
- Policy and diplomacy advisory experience.
- Audit Committee service; financially literate per committee composition.
Equity Ownership
| Holder | Common Stock | Exercisable Options | Restricted Stock Unvested | Other | Total | % Outstanding |
|---|---|---|---|---|---|---|
| Ping Fu | 13,013 | — | 2,115 | — | 15,128 | <1% |
- Hedging/pledging policies: No hedging allowed; pledging prohibited without preapproval.
- Ownership guidelines: Minimum $500,000 within three years; individual compliance status not disclosed.
Governance Assessment
-
Board effectiveness: Service on the Audit Committee with cybersecurity expertise strengthens oversight in data privacy, cyber, and risk management areas explicitly within Audit Committee remit.
-
Independence and attendance: Independent status and ≥75% meeting attendance support engagement and investor confidence.
-
Alignment: Director pay consists of cash retainer plus RS grants that vest time-based, with robust stock ownership guidelines; this fosters long-term alignment, though disclosure does not confirm individual guideline compliance.
-
Conflicts: No related-party transactions or Liberty nomination ties disclosed for Ping Fu; no Section 16(a) filing issues noted for her (company reported one late filing for another director).
-
Broader governance signals: 2024 say-on-pay passed with 62.7% support, indicating mixed shareholder sentiment on executive pay; Compensation Committee implemented 2025 reforms (no cash bonuses without performance, distinct STI/LTI metrics, consecutive-day stock price attainment for performance shares). These are positive governance responses but pertain to executive compensation, not director pay.
-
RED FLAGS: None identified specific to Ping Fu (no related-party exposure, no hedging/pledging disclosed, independent status, satisfactory attendance).