Houda Dabboussi
About Houda Dabboussi
Houda Dabboussi was appointed as an independent Class II director of Perella Weinberg Partners (PWP) on July 30, 2025, and joined both the Audit and Compensation Committees; her term runs until the 2026 annual meeting . She is President of Shell Marine (a subsidiary of Shell plc) and previously served as Global Head of Acquisitions, Divestments & NBD in Shell’s Renewables & Energy Solutions; she holds a BBA from American University of Beirut and an MA in Business Management from Kingston Business School in London . Age not disclosed; tenure at PWP begins in 2025 .
Past Roles
| Organization | Role | Tenure | Committees/Impact |
|---|---|---|---|
| Shell Marine (Shell plc) | President | 2025–present (at least) | Business leadership in marine fuels/lubricants |
| Shell plc – Renewables & Energy Solutions | Global Head of Acquisitions, Divestments & NBD | 2014–2025 (joined Shell in 2014) | Led strategic transactions in renewables/energy solutions |
| Private Equity/Investment Advisory | Investment roles | Pre-2014 | Transaction experience in PE/advisory |
External Roles
| Organization | Role | Public Company Board? | Notes |
|---|---|---|---|
| Shell Marine (Shell plc subsidiary) | President | No (operating role) | Executive role; not disclosed as Shell plc director |
| Other boards | — | — | No other public company directorships disclosed |
Board Governance
- Independence: Determined “independent” under Nasdaq and Board guidelines; appointed to Audit and Compensation Committees on July 30, 2025 .
- Committee memberships: Audit Committee and Compensation Committee member (not chair) .
- Attendance: For 2024, board held 4 meetings; Audit Committee 7; Compensation Committee 5; each director (then-serving) attended ≥75% of meetings. Dabboussi appointed in 2025; her attendance disclosures will appear in the next proxy .
- Controlled company context: PWP is a “controlled company” under Nasdaq with exemptions; board does not have a majority of independent directors and the full board (not a fully independent Nominating Committee) handles director nominations, while Audit Committee meets SEC/Nasdaq independence requirements .
- Executive sessions: Independent directors meet in executive session regularly; an independent director presides .
Fixed Compensation
| Component | Amount/Structure | Vesting/Timing | Notes |
|---|---|---|---|
| Annual base retainer | $200,000; 50% cash / 50% RSUs | RSUs vest at next annual meeting | Standard non-employee director program; Dabboussi will participate |
| Initial one-time RSU grant (upon appointment) | $50,000 fair value | Vests in 3 equal annual installments | Granted upon initial appointment to board |
| Committee chair fees | $20,000 (Audit chair); $20,000 (Comp chair) | Cash | Applies only if chair; Dabboussi not disclosed as chair |
| Meeting fees | None disclosed | — | Not disclosed in proxy |
Performance Compensation
| Feature | Status | Details |
|---|---|---|
| Performance metrics tied to director pay | None | Director equity is service-based RSUs; no TSR/financial metric linkage |
| Clawback applicability | Yes (executives); director equity terms follow plan | Company adopted clawback policy (Dec 1, 2023) for incentive-based comp; director RSUs governed by plan terms |
Other Directorships & Interlocks
| Counterparty/Entity | Relationship | Potential Interlock/Conflict | Disclosure Status |
|---|---|---|---|
| Shell plc/Shell Marine | Employer (President) | Industry exposure in energy/marine; PWP advises energy clients | No related-party transactions with Dabboussi since start of last fiscal year; none reportable under Item 404(a) |
Expertise & Qualifications
- Energy and industrials transaction leadership: Led A&D/NBD in renewables and energy solutions at Shell; brings global corporate development perspective .
- Operating leadership: President of Shell Marine, overseeing marine fuels and lubricants .
- Investment/PE background: Prior private equity and investment advisory roles .
- Education: BBA (American University of Beirut), MA in Business Management (Kingston Business School, London) .
Equity Ownership
| Category | Status | Notes |
|---|---|---|
| Beneficial ownership at PWP | Not disclosed | Appointed July 30, 2025; will participate in non-employee director program; Form 3/4 filings not found in PWP filings to-date |
| Director ownership guidelines | 3x annual cash retainer | Must achieve within 5 years of appointment; RSUs count toward guideline |
| Hedging/Pledging | Hedging prohibited | Insider trading policy prohibits hedging/offset transactions |
Say-on-Pay & Shareholder Feedback (Context)
| Proposal (2025 AGM) | Votes For | Against | Abstain | Broker Non-Vote |
|---|---|---|---|---|
| Say-on-Pay (advisory) | 268,428,713 | 39,659,086 | 1,107,885 | 9,739,606 |
| Say-on-Frequency | 3 years: 263,601,224 | 2 years: 2,119 | 1 year: 44,489,312 | Abstain: 1,103,029; BNV: 9,739,606 |
Governance Assessment
- Positive signals: Independent appointment to both Audit and Compensation Committees strengthens oversight; no related-party transactions with Dabboussi reported; anti-hedging policy and director ownership guidelines support alignment .
- Watch items: PWP’s controlled company status means the board does not have a majority of independent directors and uses exemptions around nominations; continuous monitoring of independence and committee effectiveness is warranted .
- Attendance and ownership disclosures: As a 2025 appointee, her attendance and beneficial ownership will be disclosed in the next proxy; confirm timely Section 16 filings when available .