John Tuttle
About John Tuttle
John Tuttle was appointed as an independent director of Northpointe Bancshares, Inc. (NPB) effective August 12, 2025, with a term through the 2026 annual meeting; he serves on the Company’s Compensation Committee and Corporate Governance & Nominating Committee, and on the Bank’s Audit Committee . He is currently President of Acrisure, a global fintech company; previously he served as Vice Chairman of the New York Stock Exchange and worked at the U.S. Department of State . As of his initial Form 3 filing (event date 08/12/2025, filed 10/29/2025), he reported no beneficial ownership of NPB securities .
Past Roles
| Organization | Role | Tenure | Committees/Impact |
|---|---|---|---|
| New York Stock Exchange | Vice Chairman | Not disclosed | Extensive capital markets and public company experience (listings, capital markets, ETPs) |
| U.S. Department of State | Executive/Official (role not specified) | Not disclosed | Government, international experience |
External Roles
| Organization | Role | Tenure | Scope/Impact |
|---|---|---|---|
| Acrisure (global fintech) | President | Not disclosed | ~19,000 employees, 24 countries; operational and financial performance leadership |
Board Governance
- Independence: The Board determined Tuttle is independent under SEC rules and NYSE standards .
- Board expansion: Size increased from 7 to 10 directors upon his appointment .
- Committee assignments (Company): Compensation; Corporate Governance & Nominating .
- Committee assignment (Bank): Audit Committee .
- Chair roles: None disclosed for Tuttle .
- Attendance: Not yet disclosed for Tuttle; in 2024, each director attended at least 75% of Board and committee meetings .
- Executive sessions: Independent/non-management directors meet after each Board and Audit Committee meeting; independent-only sessions at least annually, presided by longest-serving independent/non-management director .
- Leadership structure: CEO also serves as Chairman; Board has not designated a Lead Independent Director and periodically re-evaluates structure .
Fixed Compensation
Director-specific compensation for Tuttle has not been disclosed as of this writing. For reference, the Company’s 2024 non-employee director cash program included:
| Component | Amount ($) | Notes |
|---|---|---|
| Annual cash retainer | 40,000 | For each non-employee director |
| Monthly Board meeting fee | 1,750 (director); 2,150 (Chairman) | Per meeting |
| Executive Loan Committee | 600 (director) | Per meeting |
| ALCO Committee | 600 (director) | Per meeting |
| Audit Committee | 600 (director); 1,000 (Chairman) | Per meeting |
| Compensation Committee | 600 (director) | Per meeting |
| Equity awards to directors | None in 2024 | No stock or option awards to non-employee directors in FY2024 |
Note: The above reflects FY2024 terms; post-IPO director compensation for 2025+ is not disclosed in the cited documents.
Performance Compensation
- No director performance equity/bonus program disclosed for 2024; non-employee directors received cash retainers/fees and no stock or option awards .
| Performance Metric | Target | Outcome |
|---|---|---|
| Director performance-tied pay (e.g., TSR, revenue, ESG) | Not applicable | No director performance awards disclosed for 2024 |
Other Directorships & Interlocks
| Company | Role | Committee Roles | Interlocks/Conflicts |
|---|---|---|---|
| None disclosed | — | — | The Company disclosed no related party transactions with Tuttle under Item 404(a) |
Expertise & Qualifications
- Capital markets/public company expertise (listings, capital markets, ETPs) from NYSE leadership .
- Fintech/operator experience (President of Acrisure) with global scale .
- Government/international exposure via U.S. Department of State .
Equity Ownership
| Form | Filing Date | Event Date | Title of Security | Beneficially Owned | Ownership Form | Notes |
|---|---|---|---|---|---|---|
| Form 3 (Initial) | 10/29/2025 | 08/12/2025 | Common Stock | 0 | — | Remarks: “No securities are beneficially owned.” Signed by Attorney-in-Fact |
- Hedging/Pledging: Company prohibits hedging (short sales, derivatives), margin purchases, and pledging of Company securities by directors .
- Ownership guidelines: Not disclosed in the proxy for directors.
Governance Assessment
- Board effectiveness: Tuttle adds deep capital markets and operator expertise, aligned with NPB’s post-IPO governance needs; committee placements (Compensation and Corporate Governance & Nominating) fit his background .
- Independence and conflicts: Explicitly determined independent; Company disclosed no related party transactions with Tuttle; Acrisure role does not present disclosed related-party dealings with NPB, reducing near-term conflict risk .
- Ownership alignment: Initial Form 3 shows no NPB holdings; while the Company prohibits hedging and pledging, future equity ownership could improve alignment; monitor subsequent Form 4s/annual director grant practices post-IPO .
- Shareholder signals: 2025 annual meeting focused on director elections and auditor ratification; no say-on-pay item; all seven nominees (pre-appointment slate) were elected; auditor ratification passed—contextual governance support without a compensation advisory vote .
Appendices and References
- Appointment details and independence determination .
- Press release context for background .
- Form 3 initial beneficial ownership (no holdings) .
- Board governance practices (leadership structure, executive sessions, attendance) .
- 2024 non-employee director compensation program .
- 2025 annual meeting agenda and vote outcomes .