Dana Perez
About Dana Perez
Dana Perez, CPA, has served as Chief Financial Officer of MGO Global Inc. since January 15, 2024. She was 46 at appointment and holds both a B.S. and M.S. in Accountancy from the University of North Carolina Wilmington . Her 2024 compensation terms were a $165,000 base salary, an annual bonus of up to 20% of base tied to company and individual performance objectives to be set by the Compensation Committee, and a grant of 50,000 RSUs vesting on January 15, 2025 . The company’s proxy materials do not disclose CFO-specific TSR, revenue growth, EBITDA growth, or payout outcomes; incentive metrics for her role were to be set but not specified publicly .
Past Roles
| Organization | Role | Years | Strategic Impact |
|---|---|---|---|
| Eschenburg Perez CPA, LLC | Principal (outsourced CFO services) | Oct 2020–Jan 2024 | Provided outsourced CFO services across public/private and non-profit sectors; specialized in audit oversight, SEC reporting, compliance, and workflow automation . |
| Jupiter Neurosciences | Chief Financial Officer | Jun 2021–Dec 2022 | Led finance for a life sciences company, bringing SEC and audit rigor . |
| Adopt-A-Family of the Palm Beaches, Inc. | Chief Financial Officer | May 2013–Apr 2021 | Oversaw non-profit finance, controls, and reporting . |
| McGladrey (now RSM US) | Manager, National Office of Risk Management; Audit Manager | Earlier career (dates not disclosed) | National risk management and audit leadership experience at a top-5 U.S. accounting firm . |
External Roles
No public company board or committee roles disclosed for Perez .
Fixed Compensation
| Component | 2024 Offer Terms |
|---|---|
| Base Salary (USD) | $165,000 |
| Target Bonus (%) | Up to 20% of base; objectives set by Compensation Committee by Feb 1, 2024 |
| Benefits | Participation in company health/benefits plans; standard withholdings |
| Employment Status | At-will employment; employee resignation requires 60 days’ notice |
Performance Compensation
| Instrument / Metric | Grant / Metric Design | Target | Actual | Payout | Vesting |
|---|---|---|---|---|---|
| RSUs | 50,000 RSUs granted at appointment | N/A | Not disclosed | N/A | 100% vest on Jan 15, 2025 |
| Annual Cash Bonus | Company and individual performance objectives (unspecified) | Up to 20% of base | Not disclosed | Not disclosed | Annual, paid by end of Q1 following year (subject to continued employment) |
| Clawback Policy | Company-wide clawback for incentive comp upon restatement (3-year look-back) | Applicable | N/A | N/A | N/A |
Notes:
- No CFO-specific payout results or performance metric thresholds disclosed in filings .
- Company adopted clawback in Nov 2023 covering current/former executive officers; applies to incentive comp tied to financial reporting measures .
Equity Ownership & Alignment
| Metric | Nov 18, 2024 | Dec 31, 2024 |
|---|---|---|
| Beneficial Shares Owned | 34,937 | 34,937 |
| Ownership % of Outstanding | 1.20% (2,904,001 shares outstanding basis) | <1% (9,219,001 shares outstanding basis) |
| Unvested Awards | 50,000 RSUs scheduled to vest 1/15/2025 | 50,000 RSUs scheduled to vest 1/15/2025 |
| Pledging/Hedging | Prohibited by Insider Trading Policy; no margin accounts or pledges permitted | Prohibited |
Stock ownership guidelines not disclosed. No options, PSU awards, or pledging identified for Perez; insider trading policy bans pledging and hedging for all directors/officers/employees .
Employment Terms
| Term | Detail |
|---|---|
| Start Date | January 15, 2024 |
| Role | Chief Financial Officer (Principal Financial and Accounting Officer) |
| Contract Type | At-will; no guaranteed severance beyond earned salary; 60-day notice required for employee resignation |
| Equity | 50,000 RSUs, vest all at once on Jan 15, 2025 |
| Change-of-Control | Not disclosed in offer/NDA |
| NDA / Standstill | NDA with confidentiality and standstill; prohibits transactions in MGO securities during NDA term and for 90 days thereafter |
| Governance Duties | Acts as Inspector of Elections in shareholder meetings |
Board Governance (Context)
- Compensation Committee: Independent directors Obie McKenzie (Chair), Paul Wahlgren, Jeffrey Lerner; administers equity plans and executive compensation .
- Insider Trading Policy: Adopted July 2023; prohibits pledging, margin accounts, short selling, and hedging by directors/officers/employees .
Performance & Track Record
- Company filings do not disclose CFO-specific execution scorecards, revenue/EBITDA growth tied to her compensation, or realized payouts for 2024; her bonus metrics were to be set by the Compensation Committee and are not detailed publicly .
- Perez is frequently designated as Inspector of Elections, reflecting governance process involvement during shareholder meetings .
Risk Indicators & Red Flags
- Pledging/Hedging: Explicitly prohibited by policy (alignment positive) .
- Severance/COC: No severance or change-of-control economics disclosed in her offer letter (could elevate retention risk in downturns, though also reduces shareholder liability) .
- Related Party Transactions: None involving Perez over $120,000 disclosed; no material interest reported .
Compensation Structure Analysis
- Cash vs Equity Mix: Low fixed cash with a single-year cliff RSU grant suggests initial retention incentive through Jan 2025; no ongoing multi-year equity cadence disclosed for Perez .
- Incentive Risk: Annual bonus is discretionary and contingent on unspecified objectives; lack of disclosed metrics limits pay-for-performance transparency .
- Governance Safeguards: Clawback policy and insider trading restrictions improve alignment and risk controls .
Say-on-Pay & Shareholder Feedback
Not disclosed for CFO-specific compensation; MGOL is a smaller reporting company and proxy materials in 2024/2025 did not include CFO-specific say-on-pay outcomes .
Expertise & Qualifications
- Credentials: Florida-licensed CPA; extensive SEC reporting, audit oversight, and compliance experience .
- Industry Experience: Public company finance, life sciences (Jupiter Neurosciences), non-profit finance, audit at RSM .
- Education: B.S. and M.S. in Accountancy from UNC Wilmington .
Investment Implications
- Alignment: 50,000 RSUs vesting in Jan 2025 and prohibition on pledging/hedging support equity alignment; beneficial ownership of ~34,937 shares provides modest skin-in-the-game at MGOL’s small float .
- Retention Risk: At-will arrangement with no severance or change-of-control protections could heighten turnover risk under stress, although governance constraints (clawback, insider policy) reduce shareholder risk of misaligned behavior .
- Transparency: Discretionary bonus with undisclosed metrics limits visibility into pay-for-performance linkage; monitoring future proxies and 8-Ks for metric disclosure and additional equity grants is warranted .