Jonathan A. Brassington
SEI INVESTMENTSAbout Jonathan A. Brassington
Independent director with deep digital transformation expertise in wealth and asset management. Age 50; director since April 2022. Partner at NewSpring Capital since March 2024; previously led Capgemini’s Digital Customer Experience (North America) from 2020–May 2023 and Capgemini Invent (North America) from March 2018–December 2019; earlier CEO, Partner, and Co‑founder of LiquidHub. Serves on the University of Pennsylvania School of Engineering and Applied Science Board of Advisors and on the Board and Executive Committee of the Philadelphia Alliance for Capital and Technology. Qualifications emphasize technology-enabled client experience, fintech advisory, and work with five of the seven largest global asset managers.
Past Roles
| Organization | Role | Tenure | Committees/Impact |
|---|---|---|---|
| Capgemini (North America) | Lead, Digital Customer Experience (DCX) | 2020–May 2023 | Led DCX transformations for Global 1000 clients. |
| Capgemini Invent (North America) | Leader | Mar 2018–Dec 2019 | Managed consulting division; digital strategy. |
| LiquidHub | CEO, Partner, Co‑founder | Prior to 2018 (dates not disclosed) | Digital transformation focused on re‑imagining customer engagement. |
External Roles
| Organization | Role | Tenure | Notes |
|---|---|---|---|
| NewSpring Capital | Partner | Since Mar 2024 | Focus on growth capital in software and technology-enabled businesses. |
| University of Pennsylvania SEAS | Board of Advisors | Not disclosed | Advisory role at engineering school. |
| Philadelphia Alliance for Capital and Technology (PACT) | Board & Executive Committee | Not disclosed | Regional tech and capital network leadership. |
Board Governance
- Independence: Board determined Brassington is independent under NASDAQ Rule 5605(a)(2).
- Committee memberships: Audit (member), Compensation (member), Nominating & Governance (member). Not a chair.
- Meeting cadence: Board met nine times in 2024; Audit Committee met five times; Compensation Committee met five times; Nominating & Governance Committee met once; Legal & Regulatory Oversight met four times.
- Attendance: Each director attended more than 75% of Board and relevant committee meetings in 2024; all directors attended the 2024 Annual Meeting of Shareholders.
- Lead Independent Director: Kathryn M. McCarthy; independent directors meet in executive sessions she chairs.
- Audit Committee composition (context): Romeo (Chair), Brassington, Guarino, McCarthy, Miller.
- Compensation Committee composition (context): Guarino (Chair), Brassington, McCarthy; uses Semler Brossy as independent consultant with no conflicts.
Fixed Compensation
| Component | Amount | Notes |
|---|---|---|
| Annual director cash retainer | $70,000 | Non-employee directors. |
| Audit Committee membership retainer | $10,000 | Annual, for members. |
| Compensation Committee membership retainer | $7,500 | Annual, for members. |
| Nominating & Governance membership retainer | $5,000 | Annual, for members. |
| Committee chair fees (for context) | Audit $20,000; Compensation $15,000; Legal & Regulatory $15,000; Nominating & Governance $5,000 | Brassington is not a chair. |
| Lead Independent Director retainer (for context) | $15,000 | Role held by McCarthy. |
| Brassington 2024 cash fees | $95,000 | Fees earned/paid in cash. |
| Brassington 2024 total compensation | $283,312 | Cash $95,000; Stock awards $188,312. |
Performance Compensation
| Metric/Grant | 2024 Value | Terms | Performance Linkage |
|---|---|---|---|
| Annual director RSU grant | 2,175 RSUs | Time-based vesting; not performance-based. | |
| 2024 stock awards fair value (Brassington) | $188,312 | ASC 718 grant-date fair value. | |
| Options granted to directors in 2024 | None | No director options granted in 2024. | |
| Director equity performance metrics | None disclosed | RSUs are time-based only. |
Other Directorships & Interlocks
| Company | Type | Role | Notes |
|---|---|---|---|
| Public company boards | — | — | No other public company directorships disclosed. |
| NewSpring Capital | Private investment firm | Partner | Investing in software/tech-enabled businesses. |
| University of Pennsylvania SEAS | Academic | Board of Advisors | Advisory capacity. |
| PACT | Non-profit/industry | Board & Executive Committee | Regional tech/capital ecosystem. |
- Related-party transactions: Company policy requires Audit Committee pre-approval; none involving directors or executives since January 1, 2024.
Expertise & Qualifications
- Digital transformation and client experience leadership across wealth and asset management; fintech advisory to venture and private equity firms.
- Track record advising many asset/wealth managers, including five of the seven largest global asset managers.
- Technology-led operating expertise from LiquidHub and Capgemini; advisory roles in academic and regional tech ecosystems.
Equity Ownership
| Ownership Item | Quantity/Status | Notes |
|---|---|---|
| Total beneficial ownership | 8,750 shares; less than 1% of class | As of March 20, 2025; SEI had 125,744,605 shares outstanding. |
| Included in beneficial ownership | 8,750 shares via options exercisable within 60 days | Options counted as beneficial per SEC rules. |
| Director options outstanding (as of 12/31/24) | 25,500 options | Aggregate for Brassington. |
| RSUs outstanding (as of 12/31/24) | 3,941 RSUs | Aggregate for Brassington. |
| Shares pledged as collateral | None disclosed for Brassington | Board-level disclosures note pledging for other individuals; not Brassington. |
| Stock ownership policy | Directors must hold equity equal to 5× annual cash retainer; all directors/executives but one are in compliance | Applies company-wide; individual compliance not separately disclosed. |
| Hedging policy | Directors/officers prohibited from hedging or derivative transactions in SEI stock | Insider Trading Policy. |
Governance Assessment
- Strengths: Independent director serving on three key committees (Audit, Compensation, Nominating & Governance), with >75% meeting attendance and participation in executive sessions under a strong lead independent structure.
- Alignment: Director pay includes time-based RSUs (no options in 2024), and Brassington’s 2024 mix was $95,000 cash and $188,312 stock awards, supporting equity alignment; company-wide stock ownership policy enforces meaningful holdings.
- Oversight quality: Compensation Committee (member) uses independent consultant Semler Brossy with no conflicts; Audit Committee structure and reporting robust.
- Shareholder signals: 2024 Say‑on‑Pay support was 61.8%, prompting adoption of a standardized Executive Severance and Change of Control Plan—indicates responsiveness but also heightened investor scrutiny of pay practices.
- Conflicts/related-party: No related-person transactions involving directors since Jan 1, 2024; hedging prohibited; no pledging disclosed for Brassington.
- Watch items (not red flags): Beneficial ownership appears modest (primarily options within 60 days), which may limit “skin-in-the-game” optics despite RSU holdings and policy requirements; monitor compliance progress toward 5× retainer guideline and any NewSpring investments overlapping SEI’s ecosystem, although no conflicts disclosed.
RED FLAGS: None disclosed specific to Brassington (no related-party transactions, no pledging; independent status confirmed). Company-wide Say‑on‑Pay support of 61.8% in 2024 is a governance caution signal for pay design and severance optics.