Baskar Sridharan
About Baskar Sridharan
Dr. Baskar Sridharan was appointed as a Class I director of OneStream, Inc. on October 3, 2025, with a term expiring at the 2028 annual meeting; there were no related‑party transactions or family relationships disclosed in connection with his appointment, and he will be compensated under OneStream’s Outside Director Compensation Policy . Company disclosures highlight his deep AI and cloud infrastructure expertise with prior leadership roles at Amazon, Google, and Microsoft, brought on to help guide OneStream’s strategy to scale cloud operations and advance its Finance AI vision . Upon filing his initial Form 3, he reported no beneficial ownership of OneStream securities as of October 7, 2025 .
Past Roles
| Organization | Role | Tenure | Committees/Impact |
|---|---|---|---|
| Amazon | Senior leadership in AI/cloud (titles not disclosed) | Not disclosed | AI/cloud infrastructure expertise to scale operations |
| Senior leadership in AI/cloud (titles not disclosed) | Not disclosed | AI strategy and cloud infrastructure background | |
| Microsoft | Senior leadership in AI/cloud (titles not disclosed) | Not disclosed | Cloud platform and enterprise AI experience |
External Roles
| Organization | Role | Tenure | Notes |
|---|---|---|---|
| None disclosed | — | — | No other public company directorships disclosed at appointment |
Board Governance
- Appointment: Board expanded from eight to nine members; Sridharan appointed Class I director effective October 3, 2025, based on Compensation, Nominating & Governance Committee recommendation .
- Independence and conflicts: No related‑party transactions or family relationships disclosed for Sridharan; formal Nasdaq “independence” designation for him not yet disclosed .
- Committee assignments: Not disclosed as of the appointment filings .
- Governance context: OneStream qualifies as a “controlled company” with KKR holding majority voting power and rights to nominate a majority of directors; at least one KKR nominee serves on each committee, and KKR retains consent rights over CEO appointment and change‑of‑control transactions . OneStream states it is not currently relying on controlled‑company exemptions but could in future .
Fixed Compensation
| Component | Amount | Eligibility/Notes |
|---|---|---|
| Annual cash retainer (non‑employee director) | $35,000 | Paid quarterly in arrears |
| Lead Independent Director retainer | $18,000 | If serving in role |
| Audit Committee Chair | $20,000 | Chair only (members receive separate fee) |
| Audit Committee Member | $10,000 | Per member (excluding chair) |
| Compensation, Nominating & Governance (CNG) Chair | $20,000 | Chair only |
| CNG Committee Member | $10,000 | Per member (excluding chair) |
| Non‑executive Chair retainer | $20,000 | If applicable |
| Annual director comp cap | $750,000 | $1,000,000 cap in initial year; excludes specified IPO option grants |
Sridharan will be compensated pursuant to this Outside Director Compensation Policy; specific committee fees depend on any future committee assignments .
Performance Compensation
| Equity Award | Grant Value | Vesting | Notes |
|---|---|---|---|
| Initial RSU Award (upon becoming director) | $400,000 | One‑third annually on each grant anniversary; service‑based | Granted first trading day on/after becoming a non‑employee director |
| Annual RSU Award (post‑annual meeting) | $200,000 | Vests on earlier of 1‑year anniversary or day before next annual meeting; service‑based | First annual grant prorated based on service days before prior annual meeting |
| Change‑of‑control treatment | — | Full acceleration | All outstanding director equity fully vests upon change‑of‑control under the 2024 Equity Incentive Plan |
| Performance Metric | Weight | Definition | 2025 Director Awards |
|---|---|---|---|
| Not applicable (director equity is time‑based RSUs) | — | No performance metrics/PSUs disclosed for outside directors | Time‑based vesting only |
Other Directorships & Interlocks
| Company | Role | Interlocks/Conflicts |
|---|---|---|
| None disclosed | — | No Item 404 related‑party transactions; no family relationships reported |
- Governance environment: KKR nomination rights and consent rights may influence board composition and strategy; risk of conflicts inherent in controlled‑company structure is disclosed in risk factors .
Expertise & Qualifications
- AI/cloud infrastructure leader with prior senior roles at Amazon, Google, and Microsoft, recruited to guide scaling cloud operations and advance Finance AI vision .
- Strategic fit with OneStream’s SensibleAI roadmap and unified finance platform focus .
Equity Ownership
| Date | Filing | Title of Security | Amount Beneficially Owned | Ownership Form | Notes |
|---|---|---|---|---|---|
| 2025-10-07 | Form 3 | — | 0 | — | “No securities are beneficially owned.” |
- Hedging/pledging: Company policy prohibits hedging, short sales, pledging, and holding in margin accounts for directors and employees, strengthening alignment .
Insider Filings
| Filing Type | Filing Date | Transaction Date | Reported Holdings After |
|---|---|---|---|
| Form 3 (Initial Statement) | 2025-10-07 | 2025-10-03 | None (no beneficial ownership) |
Governance Assessment
-
Positives:
- No related‑party transactions or family relationships at appointment; clean independence indicators pending formal Nasdaq independence designation .
- Strong AI/cloud expertise aligned with OneStream’s Finance AI strategy; expected to enhance board technical depth relevant to scaling the platform .
- Director equity is time‑based RSUs with clear schedules and full acceleration on change‑of‑control; cash retainers modest and committee fees transparent .
- Robust insider trading policy prohibiting hedging/pledging supports alignment with long‑term shareholders .
-
Watch‑items / Red flags:
- Controlled‑company structure: KKR’s majority voting power, nomination rights, and consent rights over CEO appointment and change‑of‑control could constrain independent board actions; KKR’s committee presence mandated while special committees on KKR‑conflicted matters must exclude KKR nominees .
- TRA obligations may accelerate on change‑of‑control and could introduce conflicts in strategic decisions; company discloses potential liquidity impact and alignment risks under different tax positions of major holders .
- Committee assignments and attendance for Sridharan not yet disclosed; investor assessment of his board engagement will depend on 2025–2026 proxy reporting .