William Livek
About William Livek
William (Bill) Livek, 70, is an independent director of Red Violet, Inc. (RDVT) since 2024, with a background in media measurement, data analytics, and strategic alliances. He holds a Communications degree from Southern Illinois University and currently serves as Non-Executive Vice Chairman of Comscore, Inc., bringing platform-driven consumer insights expertise to RDVT’s board . The Board has affirmatively determined his independence under NASDAQ standards; he met attendance thresholds in 2024 (≥75% of meetings) and participated in the 2024 annual meeting .
Past Roles
| Organization | Role | Tenure | Committees/Impact |
|---|---|---|---|
| Comscore, Inc. | Non-Executive Vice Chairman | Jan 2016–present | Media measurement leadership; strategic oversight |
| Comscore, Inc. | Chief Executive Officer | Nov 2019–Jul 2022 | Led company; CEO tenure |
| Comscore, Inc. | Special Advisor to the CEO | Jun 2018–Nov 2019 | Advisory support during transition |
| Comscore, Inc. | President | Jan 2016–May 2018 | Senior operations/executive role |
| Rentrak Corporation | Vice Chairman & Chief Executive Officer | Pre-2016 (through merger with Comscore Jan 2016) | Built Rentrak to ~$1B market cap; led merger with Comscore |
| Experian Information Solutions | SVP, Strategic Alliances & International Expansion | Prior role | Global partnerships and expansion |
| Experian Research Services (subsidiary) | Co-President | Prior role | Research leadership |
| Symmetrical Capital | Founder & Chief Executive Officer | Prior role | Entrepreneur/operator |
External Roles
| Organization | Role | Tenure | Notes |
|---|---|---|---|
| Comscore, Inc. | Non-Executive Vice Chairman | Jan 2016–present | Public company board role |
| Adstra | Director | Not disclosed | Board service |
| Civic Science | Director | Not disclosed | Board service |
| The Covenant House | Director | Not disclosed | Non-profit board service |
| Advertising Research Foundation (ARF) | Director | Not disclosed | Industry foundation board |
Board Governance
- Committee assignments: Audit Committee member; Compensation Committee member; Corporate Governance & Nominating Committee member. Chairs: Audit—Lisa Stanton; Compensation—Steven Rubin; Corporate Governance & Nominating—Steven Rubin .
- Appointment timing: Added to the Audit Committee on March 4, 2025 .
- Independence: Board affirmed independence for all directors other than the CEO; Livek is independent .
- Attendance/engagement: Board held eight meetings in 2024 plus one written consent; all directors attended ≥75% of their Board and committee meetings; all directors attended the 2024 annual meeting .
- Committee activity: Audit Committee met five times; Compensation Committee met five times (+ one consent); Corporate Governance & Nominating Committee met two times in 2024 .
Fixed Compensation
| Year | Annual Retainer (Cash) | Committee Cash Fees | Meeting Fees | Total Cash |
|---|---|---|---|---|
| 2024 | $25,000 | Not disclosed (structure emphasizes RSUs; see performance comp) | Not disclosed | $25,000 |
- Policy: Non-employee directors receive $25,000 annual cash retainer; upon joining the Board, RSUs with ~ $75,000 grant-date value vesting in three equal annual installments; additional equity awards may be granted based on individual contributions and committee roles .
Performance Compensation
| Grant Date | Award Type | Shares/Units | Grant-Date Fair Value Per Share | Vesting Schedule |
|---|---|---|---|---|
| Jan 5, 2024 | RSUs (Board service) | 4,150 | $18.23 | Time-based; proxy footnote indicates 2,766 unvested RSUs vest 1,383 on Dec 1, 2025 and 1,383 on Dec 1, 2026 (deferred delivery also noted) |
| Nov 4, 2024 | RSUs (Board service) | 3,760 | $30.04 | One-third annually on Nov 1, 2025; Nov 1, 2026; Nov 1, 2027 |
| Mar 4, 2025 | RSUs (Audit Committee appointment) | 1,980 | Not disclosed | 496 on Nov 1, 2025; 742 on Nov 1, 2026; 742 on Nov 1, 2027 |
- 2024 Director Compensation Table (aggregate): Cash $25,000; Stock awards $188,605; Total $213,605 for Livek .
- Performance metrics: None disclosed for directors; awards are time-based RSUs linked to Board/Committee service (no revenue/EBITDA/TSR metrics) .
- Equity mix: RDVT uses incremental RSU grants for committee service and chair responsibilities (e.g., Audit, Compensation, Corporate Governance & Nominating) rather than separate cash fees .
Other Directorships & Interlocks
| Company | Relationship to RDVT | Potential Interlock/Conflict Notes |
|---|---|---|
| Comscore, Inc. (media measurement) | Adjacent data/analytics industry | No related-party transactions with Livek disclosed; Audit Committee oversees related-party approvals; 2023–2024 buybacks from >5% holders disclosed (Nantahala; Greater Miami Jewish Federation), not involving Livek . |
| Adstra; Civic Science; The Covenant House; ARF | Private/non-profit/industry | Board service only; no RDVT related-party transactions disclosed . |
Expertise & Qualifications
- Executive leadership and industry experience in media measurement, analytics, and data-driven consumer insights; prior senior roles at Comscore, Rentrak, Experian .
- Financial/accounting and risk management exposure via Audit Committee membership; Board identifies Audit Committee financial expert as Lisa Stanton; Livek contributes as independent member .
- Independence affirmed; governance experience across compensation and nominating committees .
Equity Ownership
| Holder | Common Stock Beneficially Owned | % of Outstanding | Notes |
|---|---|---|---|
| William Livek | 5,000 shares | <1% | Excludes 1,384 vested RSUs with deferred delivery; unvested RSUs: 2,766 (1,383 vesting Dec 1, 2025 and Dec 1, 2026); 3,760 (one-third Nov 1, 2025–2027); 1,980 (496/742/742 on Nov 1, 2025–2027) . |
- Shares pledged/hedged: Not disclosed in proxy; no pledging/hedging disclosures for Livek found .
- Ownership guidelines: Director stock ownership guidelines not disclosed in the proxy sections reviewed; compensation policy emphasizes RSU grants for alignment .
Governance Assessment
- Positives: Independence, multi-committee membership (Audit, Compensation, Corporate Governance & Nominating), and consistent attendance support board effectiveness; RSU-based compensation linked to service provides ongoing alignment without cash-heavy committee fees .
- Alignment: Direct ownership of 5,000 shares plus deferred and unvested RSUs creates skin-in-the-game, though total ownership is <1% of shares outstanding .
- Conflicts/Related parties: No Livek-related transactions disclosed; related-party policy is overseen by the Audit Committee and recent transactions involved >5% holders unrelated to Livek .
- RED FLAGS: None observed in proxy for Livek—no low attendance, no option repricing, no tax gross-ups, no pledging or related-party transactions tied to him .
- Watch items: Multiple external board roles may constrain time, but committee engagement and independence determinations mitigate concerns; continued monitoring of director equity grants by committee role is prudent for pay-for-performance alignment .