Anne Alonzo
About Anne L. Alonzo
Anne L. Alonzo (age 66) has served as an independent director of PotlatchDeltic (PCH) since December 3, 2021, bringing deep sustainability, public policy, and corporate responsibility expertise from prior senior roles at Corteva, the American Egg Board, USDA, EPA, and Kraft/Mondelez; she holds board-level credentials in ESG and climate leadership and serves on multiple governance-focused boards and advisory roles . She is nominated for re-election to a term expiring in 2028, evidencing board confidence and continuity .
Past Roles
| Organization | Role | Tenure | Committees/Impact |
|---|---|---|---|
| Corteva Agriscience | SVP, External Affairs & Chief Sustainability Officer | Apr 2020 – Aug 2021 | Led global sustainability program and external affairs |
| American Egg Board | President & CEO; Board Executive Committee member | Jan 2016 – Apr 2020 | Industry leadership; marketing arm of U.S. egg industry |
| USDA, U.S. EPA | Senior leadership positions | Prior to 2016 | Regulatory and policy experience across agencies |
| Kraft Foods (now Mondelez) | Leadership roles | Prior to 2016 | Corporate affairs in sustainability, health, wellness |
External Roles
| Organization | Role | Start | Committees/Details |
|---|---|---|---|
| Unitil Corporation (NYSE: UTL) | Director | Apr 2023 | Member, Audit and Executive Compensation Committees |
| Feeding America | Board member | 2022–present | Governance/leadership support; independent director |
| John L. Weinberg Center (Univ. of Delaware) | Advisory Board member | 2023–present | Corporate governance thought leadership |
| GRUMA, S.A.B. de C.V. | Director | Apr 2025 | Global food company, Mexican Stock Exchange-listed |
Board Governance
- Independence: The Board determined all directors except the Chair (Michael Covey) and CEO (Eric Cremers) are independent; Alonzo serves on fully independent committees .
- Committee assignments (current): Audit Committee member; Nominating & Corporate Governance Committee member .
- Attendance: In 2024, the Board met 4 times and no director attended fewer than 75% of meetings and committees; Audit met 8 times; Nominating met 4 times .
- Executive sessions: The Board and each committee hold executive sessions without management as needed; the Lead Independent Director presides .
- Diversity and ESG oversight: Board maintains diverse representation; directors possess corporate responsibility skills; ESG oversight embedded across Audit, Compensation, and Nominating charters .
Fixed Compensation
| Component | 2024 Amount | Notes |
|---|---|---|
| Cash fees (retainers and committee fees) | $92,000 | Disclosed total cash; comprised of Board member retainer $75,000, Audit member fee $12,000, Nominating member fee $5,000 (rates unchanged in 2024) |
| Total director compensation (cash + equity) | $222,000 | Cash $92,000 + Stock awards $130,000 |
- Retainer and committee fee schedule (unchanged in 2024): Board Member $75,000; Audit Committee member $12,000 (Chair $20,000); Nominating Committee member $5,000 (Chair $12,500); Compensation Committee member $7,500 (Chair $15,000); Lead Director $25,000; Non-Employee Chair $105,000 .
- Year-over-year (context): 2022 director comp (proxy filed Mar 28, 2023) showed Alonzo cash fees $87,000 and stock awards $110,000; total $197,000—up to $222,000 in 2024 (cash to equity tilt modestly higher in equity) [2023 proxy: 2022 data, 110k stock, 87k cash] .
Performance Compensation
| Equity Award | Grant Date | Units/Value | Vesting | Terms |
|---|---|---|---|---|
| Annual RSU grant | May 9, 2024 | 3,026 RSUs; grant-date value $130,000 | Vests on first anniversary of grant date (or at retirement if reaching mandatory retirement age) | RSUs accrue dividend equivalents in stock units; identical grant made to each non-employee director |
- Design: PCH does not grant options to directors; annual equity grants are time-based RSUs intended to align director and shareholder interests; no performance metrics tied to director equity .
Other Directorships & Interlocks
| Company | Role | Committees | Interlock/Conflict Notes |
|---|---|---|---|
| Unitil Corporation | Independent Director | Audit; Executive Compensation | Utility; no PCH-related party transactions disclosed in 2024 |
| Feeding America | Board member | — | Non-profit; no conflicts disclosed |
| GRUMA | Director | — | Food producer; no conflicts disclosed at PCH |
- Related-party transactions: None in 2024 requiring disclosure or Audit Committee approval; policy covers transactions over $120,000 with related persons .
- Hedging/pledging: Company policy prohibits hedging by directors and restricts pledging (requires Compensation Committee approval) .
Expertise & Qualifications
- ESG and corporate responsibility: Former CSO at Corteva; led climate goals and inaugural sustainability report; board credentials include NACD Board Fellowship, Berkeley Law ESG Certificate, Diligent Climate Leadership Certificate .
- Regulatory and public policy: Senior roles across USDA, EPA; robust experience navigating regulatory frameworks .
- Governance: Advisory board member at Weinberg Center for Corporate Governance; current public company board roles .
- Education and recognition: MBA (University of Chicago), J.D. (IIT Chicago-Kent); recognized by governance networks and leadership groups .
Equity Ownership
| Holder | Beneficially Owned Shares (#) | Percent of Class (%) | Common Stock Units (#) | Notes |
|---|---|---|---|---|
| Anne L. Alonzo | — | — | 8,472 | Units include unvested RSUs and deferred stock units; units have no voting power |
- Director stock ownership guidelines: Non-employee directors must own shares equal to 5x annual cash retainer within 5 years; as of Dec 31, 2024, all directors either met guidelines or were within the 5-year compliance window (Alonzo joined Dec 2021) .
Governance Assessment
- Board effectiveness: Alonzo’s committee roles (Audit and Nominating) leverage her ESG, risk, and regulatory background; attendance and engagement met Board thresholds; no independence concerns .
- Pay alignment: Director compensation structure balances fixed cash fees and equity RSUs; RSU vesting and stock ownership guidelines promote alignment; modest YoY increase from 2022 to 2024 reflects standardized board-wide adjustments, not discretionary anomalies .
- Conflicts and red flags: No related-party transactions disclosed; hedging prohibited and pledging restricted; no attendance or say-on-pay issues—2024 say-on-pay passed with >96% approval, indicating shareholder support for compensation governance .
- Overall signal: Independent, committee-engaged director with strong ESG/public policy credentials; alignment mechanisms (RSUs, ownership guidelines) and absence of conflicts support investor confidence in board oversight quality .