Daniel Gold
About Daniel Gold
Daniel Gold (age 57) is an independent Class II director of Roivant Sciences, serving since 2020; his current term runs until the 2026 annual meeting. He is Founder and CEO of QVT Financial LP and the QVT Family Office, and holds an A.B. in Physics from Harvard College . The Board has determined Mr. Gold is independent under SEC and Nasdaq rules .
Past Roles
No prior operating roles at Roivant disclosed beyond board service. External investment leadership at QVT (see External Roles) .
External Roles
| Organization | Role | Tenure | Committees/Impact |
|---|---|---|---|
| QVT Financial LP / QVT Family Office | Founder & CEO | Founded 2003; ongoing | Multi-strategy investing across biotech, financials, shipping/offshore |
| Okeanis Eco Tankers Corp. | Director | Not disclosed | Not disclosed |
| Awilco Drilling PLC | Director | Not disclosed | Not disclosed |
| Integrated Wind Solutions | Director | Not disclosed | Not disclosed |
| NAXS AB | Director | Not disclosed | Not disclosed |
Board Governance
| Attribute | Detail |
|---|---|
| Board classification | 8 directors in 3 staggered classes; Gold is Class II (term to 2026 AGM) |
| Independence | Board determined Gold is independent (6 of 8 directors independent) |
| Committee assignments | Compensation Committee (Chair) |
| Committee activity | Compensation Committee held 7 meetings in Fiscal 2024 |
| Board attendance | Board met 5 times; all directors attended ≥75% of Board/committee meetings served |
Committee assignments matrix (excerpt):
| Director | Audit | Compensation | Nominating & Governance |
|---|---|---|---|
| Daniel Gold | — | Chair | — |
| Meghan FitzGerald | Member | — | Member |
| Ilan Oren | — | Member | Chair |
| Melissa Epperly | Chair | — | — |
| Keith Manchester | Member | — | — |
| James C. Momtazee | — | — | Member |
Fixed Compensation
Non-employee director cash retainer policy and Mr. Gold’s cash fees:
- Policy cash retainers: Board member $50,000; Compensation Committee Chair $20,000 (others listed) .
- Mr. Gold’s Fiscal 2024 cash fees: $70,000 (consistent with $50k board retainer + $20k comp chair) .
| Item | Amount (USD) |
|---|---|
| Fees Earned or Paid in Cash (FY2024) | $70,000 |
Change-in-control treatment for director equity: Director annual equity awards (options and RSUs) become fully vested (and, if applicable, exercisable) upon a change in control .
Performance Compensation
Annual equity and vesting details for Mr. Gold:
| Item | FY2024 Grant Date Fair Value | Vesting |
|---|---|---|
| RSUs (annual retainer) | $199,989 | One-year cliff from vesting commencement date (2024 grant vests 9/10/2025) |
| Stock Options (annual retainer) | $214,421 | One-year cliff to full vest for annual awards; outstanding grants detailed below |
Outstanding equity as of 3/31/2025 (with grant specifics):
| Instrument | Quantity | Exercise Price | Vesting Status |
|---|---|---|---|
| RSUs (annual retainer 9/10/2024) | 16,406 | n/a | Unvested; fully vests 9/10/2025 |
| Options (9/15/2022) | 71,850 | $3.50 | All vested as of 3/31/2025 |
| Options (9/12/2023) | 26,595 | $11.22 | All vested as of 3/31/2025 |
| Options (9/10/2024) | 27,894 | $12.19 | None vested as of 3/31/2025 |
Mix and alignment: In FY2024, equity compensation ($199,989 RSUs + $214,421 options) exceeded cash fees ($70,000), aligning director pay with shareholder outcomes .
Other Directorships & Interlocks
| Category | Detail |
|---|---|
| Public company boards | Okeanis Eco Tankers; Awilco Drilling PLC; Integrated Wind Solutions; NAXS AB |
| Board interlocks within ROIV | Two directors have QVT affiliations: Daniel Gold (QVT Founder/CEO) and Keith Manchester (Partner, Head of Life Sciences at QVT); both deemed independent by ROIV |
| Related-party transactions | Proxy discloses no related-party transactions involving Mr. Gold/QVT in Fiscal 2024; company outlines a formal related person transaction policy overseen by the Audit Committee |
Expertise & Qualifications
- Multi-decade investing experience; founder/CEO of QVT with focus including life sciences; cited by ROIV as qualifying expertise for board service .
- Education: A.B. in Physics, Harvard College .
Director Compensation (Fiscal 2024)
| Component | Amount (USD) |
|---|---|
| Fees Earned or Paid in Cash | $70,000 |
| Stock Awards (RSUs) | $199,989 |
| Option Awards | $214,421 |
| All Other Compensation | — |
| Total | $484,410 |
Equity Ownership
| Measure | Amount |
|---|---|
| Total beneficial ownership (common shares) | 9,038,679 (1.3% of outstanding) as of 7/1/2025 |
| Composition (beneficial) | 8,940,234 common shares + 98,445 options exercisable within 60 days |
| Director RSUs outstanding (3/31/2025) | 16,406 units (unvested) |
| Director options outstanding (3/31/2025) | 126,339 options (mix of vested/unvested; see Performance Compensation) |
| Hedging/pledging policy | Company prohibits hedging and pledging by employees and non-employee directors |
Governance Assessment
-
Positives:
- Independent director and Chair of Compensation Committee; Board confirms independence under SEC/Nasdaq rules .
- Strong equity component in director compensation and change-in-control vesting aligned to shareholder value .
- Compensation Committee activity was robust (7 meetings FY2024), and Say-on-Pay support was 89% at the September 2024 AGM, indicating investor alignment with compensation oversight during his tenure as chair .
-
Watch items (potential risk indicators):
- QVT influence vector: Two QVT-affiliated directors (Gold and Manchester) sit on ROIV’s board; while both are deemed independent and no related-party transactions were reported involving QVT, concentrated affiliations warrant ongoing monitoring for perceived conflicts, especially given Compensation Committee leadership by Mr. Gold .
-
No red flags disclosed:
- Attendance met at least the 75% threshold; no Section 16 issues reported for Mr. Gold; no related-party transactions involving Mr. Gold were disclosed for FY2024 .