Dominique Trempont
About Dominique Trempont
Independent Class III director of ON24, Inc. since April 2010; age 70 as of April 29, 2025. Background includes CEO roles at two global software companies (1997–2002), extensive board leadership in audit and governance, and adjunct professorship at INSEAD. Education: MBA (INSEAD) and BA with high honors from Université Catholique de Louvain (Belgium). Core credentials span software, artificial intelligence, digital marketing, and public company governance .
Past Roles
| Organization | Role | Tenure | Committees/Impact |
|---|---|---|---|
| Airspan | Director; Audit Committee Chair | May 2018 – Nov 2023 | Led audit oversight at 5G edge communications company |
| Daily Mail and General Trust plc | Director | Feb 2011 – Sep 2022 | Global media governance experience |
| RealNetworks, Inc. | Lead Director; Audit Committee Chair | Sep 2010 – Oct 2019 | Board leadership and financial oversight at AI/digital media firm |
| Energy Recovery Inc. | Director; Audit Committee Chair | Jun 2008 – Jun 2017 | Manufacturing/industrial governance; audit chair duties |
| INSEAD | Adjunct Professor | Mar 2008 – Mar 2016 | Academic role, executive education exposure |
| Two global software companies | Chief Executive Officer | May 1997 – 2002 | Operating leadership in software businesses |
External Roles
- No current public company directorships disclosed for Trempont in ON24’s 2025 proxy .
- Prior public company boards summarized above (Airspan; DMGT; RealNetworks; Energy Recovery) .
Board Governance
| Item | Detail |
|---|---|
| Independence | Board determined Trempont is independent under NYSE/SEC rules |
| Board class/term | Class III; term expires at 2026 annual meeting (declassification completes at 2026) |
| Committee assignments | Audit Committee member; Compensation Committee Chair; Nominating & Corporate Governance Committee Chair |
| Meeting cadence (2024) | Board met 6 times; Audit 4; Compensation 5; Nominating & Governance 4 |
| Attendance | All incumbent directors attended ≥75% of combined board and applicable committee meetings in 2024 |
| Lead Independent Director | Anil Arora (not Trempont) |
| Executive sessions | Non-management directors meet regularly; presided by Lead Independent Director |
Fixed Compensation
| Component | Amount ($) | Notes |
|---|---|---|
| Annual Board Service Retainer | 50,000 | Policy rate |
| Compensation Committee Chair Fee | 15,000 | Policy rate |
| Nominating & Corporate Governance Chair Fee | 10,000 | Policy rate |
| Audit Committee Member Fee | 10,000 | Policy rate |
| 2024 Cash Fees Paid (reported) | 85,000 | Aggregated fees paid for 2024 |
Performance Compensation
| Equity Element | Grant Value/Terms | Vesting/Acceleration |
|---|---|---|
| Annual RSU (non-employee director) | Target value $175,000 each annual meeting; 2024 reported stock award $176,658 | Vests at earlier of next annual meeting or first anniversary of grant; continuous service required |
| Initial RSU (for new directors) | $450,000 (not applicable to Trempont joining in 2010) | Vests in three equal annual tranches; service requirement |
| Change-of-control (director awards) | All non-employee director equity awards accelerate fully immediately prior to a change in control | Plan-level acceleration; or assumed/substituted awards per plan; unassumed awards terminate at CoC |
- No director performance metrics (TSR, revenue, EBITDA) are tied to Trempont’s director compensation; director equity is time-based RSUs per policy .
Other Directorships & Interlocks
| Company | Current/Prior | Role | Committee/Notes |
|---|---|---|---|
| Airspan | Prior | Director; Audit Chair | 5G enterprise/telecom |
| Daily Mail and General Trust plc | Prior | Director | Global media |
| RealNetworks, Inc. | Prior | Lead Director; Audit Chair | AI/digital media |
| Energy Recovery Inc. | Prior | Director; Audit Chair | Industrial/manufacturing |
- Compensation Committee Interlocks: None. Trempont and other compensation committee members were not ON24 officers and had no related party relationships requiring disclosure; ON24 executives did not serve on boards/comp committees of companies with reciprocal interlocks in 2024 .
Expertise & Qualifications
- Board leadership: Chairs Compensation and Nominating & Corporate Governance; member of Audit .
- Financial oversight: Multiple prior audit chair roles (Airspan, RealNetworks, Energy Recovery) .
- Domain expertise: Software, artificial intelligence, digital marketing; operating experience as CEO .
- Education: MBA (INSEAD); BA with high honors (Université Catholique de Louvain) .
Equity Ownership
| Item | Amount | Notes |
|---|---|---|
| Beneficial ownership (shares) | 277,533 | <1% of outstanding shares as of Feb 28, 2025 |
| RSUs outstanding | 30,198 | As of Dec 31, 2024 |
| Options outstanding | 53,131 | All vested as of Dec 31, 2024 |
| Pledging/Hedging | Prohibited by policy (overseen by Nominating & Governance Committee) | Short sales, pledging, hedging, monetization transactions prohibited |
Governance Assessment
- Committee leadership concentration: Trempont chairs two key committees (Compensation; Nominating & Governance) and serves on Audit, indicating strong governance influence and workload; independence affirmed under NYSE/SEC rules .
- Attendance/engagement: Board and committee meeting cadence robust in 2024; all directors met ≥75% attendance threshold—no low-attendance red flags disclosed for Trempont .
- Compensation alignment: Director pay mix balanced—cash fees ($85,000) plus time-based RSUs (~$176,658) with standard vesting; no performance-linked director equity; plan caps for non-employee directors and clear equity policies reduce pay-risk inflation .
- Conflicts/related party exposure: No Trempont-related related-party transactions disclosed; ON24’s related-party oversight runs through the Audit Committee, with explicit policy and review process .
- RED FLAGS: None disclosed regarding legal proceedings, pledging/hedging, option repricing for directors, or interlocks. Note: Director equity accelerates on change-of-control per plan; while standard, investors should monitor potential alignment impacts in sale scenarios .