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Teresa Anania

Director at ON24
Board

About Teresa Anania

Independent Class II director at ON24, Inc. since March 2023; age 58 as of April 29, 2025. Currently Chief Customer Officer at Sophos Ltd (since July 2024); previously SVP Global Customer Success, Renewals and Customer Experience at Zendesk (Oct 2021–Jul 2024), VP Global Customer Success and Renewals (Feb 2020–Oct 2021), senior customer success leader at Autodesk (2009–2020), and COO at Algor Inc. (1994–2009). MBA and BS from Duquesne University. Board determined independent under NYSE/SEC rules; term expires at the 2026 annual meeting after declassification completes.

Past Roles

OrganizationRoleTenureCommittees/Impact
Sophos LtdChief Customer OfficerJul 2024–presentCustomer success leadership in security software
Zendesk, Inc.SVP Global Customer Success, Renewals & Customer ExperienceOct 2021–Jul 2024Led global CS, renewals, CX for SaaS support platform
Zendesk, Inc.VP Global Customer Success & RenewalsFeb 2020–Oct 2021Built scaled CS and renewals motions
Autodesk, Inc.Senior Director, Customer Success2009–2020Customer success across design software
Algor Inc.Chief Operating Officer1994–2009Operations leadership at engineering software firm

External Roles

OrganizationRolePublic/PrivateNotes
Sophos LtdChief Customer OfficerPrivateSecurity solutions; no ON24-related party transactions disclosed

No other public company directorships disclosed.

Board Governance

  • Committee assignments: Audit Committee member; Audit met 4 times in 2024; Board has determined Audit members (including Anania) meet SEC/NYSE independence and financial knowledge requirements. Audit Committee report is signed by Zwarenstein (Chair), Anania, Federman, Trempont.
  • Independence: Board determined all directors except CEO are independent under NYSE/SEC; Anania listed as “Yes” independent.
  • Attendance: Board held 6 meetings in 2024; all incumbent directors attended at least 75% of combined Board and committee meetings.
  • Leadership: CEO Sharat Sharan is Chair; Anil Arora serves as Lead Independent Director; independent directors meet in regular executive sessions.
  • Declassification: Class II term expires at 2026 annual meeting; Board fully declassifies at 2026 meeting.

Fixed Compensation

ComponentAmount (2024)
Cash fees paid$58,750
Applicable annual fee scheduleBoard Retainer: $50,000; Audit Member: $10,000; Audit Chair: $25,000; Comp Member: $6,000; Comp Chair: $15,000; Nominating Member: $3,750; Nominating Chair: $10,000; Lead Independent Director: $40,000

Performance Compensation

ComponentDetail
Stock awards (grant-date fair value, 2024)$176,658 (RSUs)
RSUs outstanding (as of 12/31/2024)68,528 RSUs
Standard annual director RSU grant$175,000 value; vests by the next annual meeting or first anniversary
Initial RSU for new directors$450,000 value; vests one-third annually over 3 years
Change-of-control treatmentOutstanding director equity fully vests immediately prior to a change of control

No director PSUs or performance metric-based pay disclosed for non-employee directors.

Compensation Mix (2024)

MeasureCashEquity
Amount$58,750 $176,658
Mix (%)25% (derived from )75% (derived from )

Other Directorships & Interlocks

CompanyRoleCommittee RolesInterlock/Conflict Note
None disclosedNo public-company board interlocks disclosed.

Expertise & Qualifications

  • Software and SaaS customer success leadership across Sophos, Zendesk, Autodesk; operating experience as COO at Algor.
  • MBA and BS from Duquesne University (business and technical grounding for audit oversight and customer-centric strategy).
  • Audit Committee service and participation in Audit Committee report indicate engagement with financial reporting, controls, and risk (including cybersecurity oversight under audit remit).

Equity Ownership

MeasureValue
Beneficial ownership (as of 2/28/2025)59,877 shares; <1% of outstanding
Shares outstanding (for % calc)41,925,451 shares
Ownership %~0.14% (derived from 59,877 / 41,925,451)
RSUs outstanding (12/31/2024)68,528 RSUs
Hedging/pledgingCompany policy prohibits short sales, pledging, hedging, and similar monetization transactions for insiders

Insider Trades (Form 4)

Filing DateTransaction DateTypeShares TransactedPricePost-Transaction OwnershipSource
2025-06-242025-06-20Award (RSU)31,855$0141,095https://www.sec.gov/Archives/edgar/data/1110611/000156218025005024/0001562180-25-005024-index.htm
2024-06-252024-06-21Award (RSU)30,198$0109,240https://www.sec.gov/Archives/edgar/data/1110611/000156218024005290/0001562180-24-005290-index.htm

Governance Assessment

  • Board effectiveness: Anania is an independent director with relevant SaaS/customer success expertise; serves on the Audit Committee, which met 4 times and produced a signed report listing her as a member—positive for oversight and engagement.
  • Independence & attendance: Board-wide independence (except CEO) and at least 75% attendance by all directors in 2024; Anil Arora as Lead Independent Director supports robust executive sessions—favorable governance structure.
  • Ownership alignment: Receives standard director RSU grants and holds RSUs/beneficial shares; equity comp dominates (approx. 75% of 2024 director pay), aligning incentives with shareholders; hedging/pledging prohibited—positive alignment signal.
  • Conflicts/related party: No related party transactions involving Anania disclosed; her employer Sophos appears unrelated to ON24’s transactions; Audit Committee reviews related party transactions—no issues surfaced.
  • RED FLAGS: None identified regarding attendance, say-on-pay, related party transactions, option repricing, pledging, or legal proceedings; Section 16(a) compliance reported.

Implications: Anania’s audit committee role, independence, and equity-heavy compensation support investor confidence in governance and financial oversight; lack of conflicts and policy prohibitions on hedging/pledging further strengthen alignment.