Anton Hanebrink
About Anton Hanebrink
Anton Hanebrink (age 48) is an independent director of PubMatic, serving since August 2023; he is Executive Vice President and Chief Corporate Strategy & Development Officer at Intuit Inc. (since November 2016). He holds a B.S. in Business Administration (Finance and Marketing) from Washington University and an MBA from Wharton; PubMatic’s Board has determined he is independent under Nasdaq rules and qualifies as an “audit committee financial expert.”
Past Roles
| Organization | Role | Tenure | Committees/Impact |
|---|---|---|---|
| Intuit Inc. | EVP, Chief Corporate Strategy & Development Officer | Nov 2016–present | Senior leadership in strategy and corporate development; qualifies as audit committee financial expert |
| Square, Inc. (now Block, Inc.) | Head of Corporate Development | Oct 2014–Nov 2016 | Led corporate development; transaction execution and strategic initiatives |
| Intuit Inc. | VP, Corporate Strategy & Development | Jan 2011–Oct 2014 | Strategy and M&A leadership |
External Roles
| Organization | Role | Tenure | Notes |
|---|---|---|---|
| Intuit Inc. | EVP, Chief Corporate Strategy & Development Officer | Nov 2016–present | Not disclosed as a PubMatic-related party transaction; no PUBM-related dealings reported >$120k |
| Other public company boards | None disclosed | — | No additional public company directorships disclosed for Hanebrink |
Board Governance
- Committee memberships: Audit Committee member; Audit Committee chaired by Shelagh Glaser; membership includes Glaser, Hanebrink, Ramon Jones, and Jacob Shulman .
- Expertise designation: Audit committee financial expert (SEC Item 407(d)(5)(ii)) .
- Independence: Determined independent by the Board under SEC and Nasdaq listing standards; all Audit, Compensation, and Nominating members are independent .
- Attendance: In FY2024 the Board met 4 times and the Audit Committee met 4 times; no director attended fewer than 75% of aggregate Board and committee meetings on which they served .
- Executive sessions: Independent directors hold executive sessions in connection with each regularly scheduled Board meeting .
- Audit Committee oversight scope includes cybersecurity, internal control over financial reporting, enterprise risk management, disclosure controls, related-person transactions, and risks associated with the use of artificial intelligence .
- Audit Committee report: Hanebrink is listed on the Audit Committee report submitted to the Board with Deloitte discussions and independence review .
Fixed Compensation
| Component | Amount | Details |
|---|---|---|
| Annual Board retainer (cash) | $45,000 | General Board Service Fee |
| Audit Committee member fee (cash) | $10,000 | Non-chair member service fee |
| Total cash fees (2024) | $55,000 | Earned in FY2024; Hanebrink elected to receive cash fees in Deferred Stock Units (DSUs) (awarded following May 30, 2025) |
| Annual equity grant (RSUs) | $185,000 | Standard non-employee director RSU; vests by next annual meeting/one year/change in control/death or disability |
| Options | $0 | No option awards for non-employee directors in FY2024 |
Performance Compensation
| Metric Type | Metric | Target/Structure | Actual/Payout | Notes |
|---|---|---|---|---|
| Equity vesting | Time-based RSUs | Annual RSUs valued at $185,000; vest on next annual meeting/1-year/change in control/death/disability | Unvested RSUs covering 8,447 shares at 12/31/2024 | No performance-based metrics for director equity; RSUs are time-based |
There are no performance metrics (revenue/EBITDA/TSR/ESG) tied to non-employee director compensation at PubMatic; director equity is granted as time-based RSUs .
Other Directorships & Interlocks
| Company | Relationship | Potential Interlock/Conflict |
|---|---|---|
| Intuit Inc. | Current executive role (EVP, Strategy & Development) | PubMatic reports no related-party transactions >$120,000; Board affirmed independence; no PUBM supplier/customer/director interlock disclosed |
Expertise & Qualifications
- Audit committee financial expert; seasoned in corporate strategy and development, with senior roles at Intuit and Square .
- Education: BS (Finance & Marketing, Washington University) and MBA (Wharton School, UPenn) .
- Risk oversight: Participates on an Audit Committee that oversees cybersecurity, internal controls, enterprise risk, disclosure controls, AI risk, and related-person transactions .
Equity Ownership
| Ownership Item | Shares/Value | Notes |
|---|---|---|
| Total beneficial ownership (Class A) | 18,022 shares | Less than 1%; comprises direct and RSUs |
| Directly held (Class A) | 9,575 shares | As of April 1, 2025 |
| RSUs vesting within 60 days (Class A) | 8,447 shares | Unvested at 12/31/2024; scheduled to vest |
| Options held | None | Non-employee directors held no stock options at 12/31/2024 |
| Hedging/pledging | Prohibited without pre-approval | Company insider trading policy prohibits hedging and pledging; robust controls |
Governance Assessment
-
Positives:
- Independent director with audit committee financial expert designation; contributes deep strategy/M&A expertise to Audit Committee oversight (including AI risk), reinforcing board effectiveness and risk governance .
- Strong engagement signals: No attendance shortfalls; regular independent director executive sessions .
- Alignment: Elected to receive cash fees in DSUs; holds time-based RSUs with standard annual vesting—aligned with shareholder interests; no options and no related-party transactions reported .
- Independence affirmed across committees; Audit Committee includes multiple financial experts and oversees related-person transactions and cybersecurity .
-
Watch items:
- Significant external executive responsibilities at Intuit may constrain bandwidth; monitor ongoing attendance and committee workload to ensure sustained engagement .
- Dual-class voting structure concentrates control among founders, potentially limiting independent director influence—board-level context for governance risk (voting power concentration disclosed) .
-
No red flags identified:
- No related-party transactions involving Hanebrink; hedging/pledging restricted; no Section 16(a) filing delinquencies disclosed for Hanebrink in FY2024 .