Scott Forney
About Scott Forney
Scott Forney is General Counsel and Corporate Secretary at MarketWise, Inc., serving in this role since November 2023 after four years as Assistant General Counsel (2019–2023). He is age 40 (as of the 2025 proxy), holds a J.D. from the University of Maryland Francis King Carey School of Law and a B.S. in Finance from Salisbury University. He has signed company proxies and 8-Ks in his capacity as General Counsel, indicating primary responsibility for corporate legal and governance disclosures. No company TSR, revenue growth or EBITDA growth metrics are disclosed in relation to his performance.
Past Roles
| Organization | Role | Years | Strategic Impact |
|---|---|---|---|
| MarketWise, Inc. | Assistant General Counsel | 2019–2023 | Not disclosed |
| Various boutique law firms | Attorney | 2014–2018 | Not disclosed |
External Roles
| Organization | Role | Years | Strategic Impact |
|---|---|---|---|
| None disclosed | — | — | — |
Fixed Compensation
No base salary, target bonus, or actual bonus paid to Scott Forney is disclosed in the retrieved proxy sections. He is listed among executive officers, but compensation detail is not presented in the available DEF 14A excerpts (2024 salaries and bonus narratives cover other executives, not Forney).
Performance Compensation
No RSU/PSU/option awards or performance metric linkages are disclosed for Scott Forney in the available proxy excerpts. The “Outstanding Equity Awards at Fiscal Year-End” table lists equity awards for other executives (Stansberry, Mickels, Galsim) and does not include Forney.
Equity Ownership & Alignment
- Beneficial ownership tables in 2024 and 2025 list major holders, directors, and named executive officers; Scott Forney does not appear in these tables, and his share ownership is not disclosed in the retrieved excerpts.
- Anti-hedging policy: The Insider Trading Policy prohibits all hedging/monetization transactions (e.g., zero-cost collars, forward sale contracts) by directors, officers, employees, contractors, and controlled entities. No explicit pledging prohibition is disclosed in the retrieved sections.
Employment Terms
- Role and tenure: General Counsel and Corporate Secretary since November 2023; previously Assistant General Counsel (2019–2023).
- Severance/change-in-control: The Executive Severance Plan participants disclosed for 2024 include certain executives (Stansberry, Mickels, Galsim); Forney is not listed in the participant group in the retrieved proxy excerpts. If he is not covered, contractual severance protections may be limited versus covered peers; however, no explicit employment or severance agreement for Forney is disclosed in the retrieved documents.
- Governance authority: Forney signs company proxy and 8-K filings as General Counsel, evidencing accountability for disclosure controls.
Compensation Committee Analysis
- Committee membership (2025): Compensation Committee members are Van Simmons (Chair), Matthew Smith, Glenn Tongue. Backgrounds beyond names are not provided in the retrieved excerpt.
Investment Implications
- Alignment visibility: With no disclosed personal equity holdings, incentive grants, or pay-for-performance structures for Forney in the retrieved materials, direct alignment and potential selling pressure indicators are limited. Anti-hedging rules reduce the risk of misaligned monetization strategies; pledging policy is not explicitly disclosed.
- Retention risk: Forney is not listed among named participants in the Executive Severance Plan in 2024, suggesting his severance/change-of-control protections may be less robust than covered peers; absence of disclosed employment agreement terms adds uncertainty. This may elevate retention risk if market opportunities arise, though no departure signals are indicated.
- Trading signals: Lack of disclosed equity awards/ownership for Forney limits the ability to assess vesting calendars or insider selling pressure tied to his compensation. Monitoring future proxies and any Form 4 filings would be necessary to evaluate emerging signals.