Bradley Singer
Director at SG
Board
About Bradley Singer
Bradley Singer, age 58, has served as an independent director of Sweetgreen since January 2021. He is the Audit Committee Chair and is designated as an “audit committee financial expert,” bringing deep finance and governance experience from prior CFO roles at Discovery Communications and American Tower, and COO/investment partner roles at ValueAct Capital. He holds a B.S. from the University of Virginia and an M.B.A. from Harvard Business School .
Past Roles
| Organization | Role | Tenure | Committees/Impact |
|---|---|---|---|
| ValueAct Capital | Chief Operating Officer | Jan 2015–Dec 2021 | Operational leadership and investor stewardship |
| ValueAct Capital | Investment Partner | May 2012–Jun 2021 | Capital allocation/board influence |
| Discovery Communications | Senior EVP & Chief Financial Officer | Jul 2008–Mar 2012 | Public company CFO; financial reporting oversight |
| American Tower Corporation | Chief Financial Officer & Treasurer | Dec 2001–Jun 2008 | Public company CFO; capital markets |
External Roles
| Organization | Role | Tenure | Notes |
|---|---|---|---|
| Crown Castle | Director | Current | Independent oversight at large-cap infrastructure company |
| Redfin Corporation | Director | Current | Interlock: Sweetgreen director Julie Bornstein also serves on Redfin’s board |
| Warby Parker | Director | Current | Interlock: Sweetgreen director Neil Blumenthal is Co-CEO and a director at Warby Parker |
| Citizens Communication Corporation | Director | Prior | Past public company board |
| Martha Stewart Living Omnimedia | Director | Prior | Past public company board |
| Motorola Solutions | Director | Prior | Past public company board |
| Rolls-Royce Holdings | Director | Prior | Past public company board |
Board Governance
- Independence: The Board affirmatively determined Singer is independent under NYSE standards .
- Committee assignments: Audit Committee member and Chair; designated “audit committee financial expert” .
- Audit Committee remit includes oversight of financial reporting, food safety and cybersecurity risks (shared), compliance, whistleblower matters, and related party transactions .
- Board structure: CEO serves as Chair; Cliff Burrows is Lead Independent Director .
- Executive sessions: Non-management/independent directors meet in executive session; presided over by the Lead Independent Director .
- Attendance: The Board met 4 times in FY2024; each director attended ≥75% of Board and committee meetings .
| Committee | Membership | Role | Notes |
|---|---|---|---|
| Audit | Singer; Bornstein; Burrows | Chair (Singer) | Singer designated as “audit committee financial expert” |
| Compensation | Blumenthal; Burrows (Chair); Moon | Member | Independent composition |
| Nominating, Environmental, Social and Governance (NESG) | Bornstein; Jarrett (Chair); Moon | — | Oversees governance, ESG, conflicts |
Fixed Compensation
| Component | Policy Amount | FY2024 Singer Actual |
|---|---|---|
| Annual cash retainer (Board) | $50,000 | — |
| Audit Committee Chair fee | $20,000 | — |
| Total fees earned/paid in cash | — | $70,000 |
| Meeting fees | Not disclosed | Not disclosed |
Notes: The cash policy provides $50,000 for directors, plus $20,000 for Audit Chair; Singer’s FY2024 cash fees total $70,000, consistent with policy .
Performance Compensation
| Equity Award Type | Grant Policy | FY2024 Singer Grant Value |
|---|---|---|
| Annual RSUs (fully vested at grant) | $200,000 value at each annual meeting for non-employee directors | $218,480 (grant-date fair value) |
| Stock options (outstanding) | Historical option grants outstanding | 50,000 options outstanding as of 12/29/2024 |
Notes: Director RSUs vest fully at grant under policy; Singer’s FY2024 “Stock Awards” (RSUs) totaled $218,480 grant-date fair value .
Other Directorships & Interlocks
| Company | Interlock Detail | Governance Implication |
|---|---|---|
| Warby Parker | Singer is a director; Neil Blumenthal (Sweetgreen director) is Co-CEO/director at Warby Parker | Board-level interlock may increase information flow but warrants monitoring for potential conflicts in overlapping governance networks. |
| Redfin | Singer is a director; Julie Bornstein (Sweetgreen director) is also a director at Redfin | Board-level interlock; similar monitoring considerations apply. |
Expertise & Qualifications
- Designated “audit committee financial expert” per SEC rules, reflecting advanced financial literacy and oversight capability .
- Former public company CFO at Discovery and American Tower; operational leadership at ValueAct Capital .
- Education: B.S., University of Virginia; M.B.A., Harvard Business School .
Equity Ownership
| Metric | Value |
|---|---|
| Class A shares beneficially owned | 189,052 (includes shares plus options exercisable within 60 days) |
| Options exercisable within 60 days | 50,000 |
| Ownership % (Class A) | Less than 1% (as shown by “*”) |
| Pledged shares | None disclosed for Singer (pledging noted for founders only) |
| Hedging/derivatives policy | Hedging and pledging generally prohibited; pledging permitted only for founders under capped policy |
Governance Assessment
- Strengths: Independent status; Audit Committee Chair and “financial expert” designation; committee remit includes related party transaction oversight and cybersecurity/food safety risk oversight—key for investor confidence in controls .
- Attendance & engagement: Board met 4 times in FY2024; directors (including Singer) attended ≥75% of Board/committee meetings, indicating baseline engagement .
- Pay mix & alignment: Non-employee director pay is equity-heavy (annual fully vested RSUs targeted at $200,000) paired with modest cash retainers; Singer’s FY2024 mix was $70,000 cash and $218,480 equity, supporting alignment without performance-linked metrics for directors .
- Ownership guidelines: Directors must hold stock equal to 5x the annual Board cash retainer; compliance date for Singer (joined Jan 2021) is by end of calendar year containing 5th anniversary—i.e., December 31, 2026. Only Moon and Blumenthal were required to comply in 2024 and satisfied requirements .
- Potential conflicts/interlocks: Interlocks at Warby Parker (Blumenthal) and Redfin (Bornstein) present network overlap; NESG Committee oversees conflicts, and Audit Committee reviews related party transactions. No Singer-related transactions disclosed .
- Shareholder sentiment: Say-on-pay support exceeded 99% at the 2024 meeting, signaling general investor approval of compensation governance (though aimed at executive pay) .
RED FLAGS
- None disclosed specific to Singer: no pledging, no related-party transactions, no attendance issues, no tax gross-ups or option repricings reported for directors .
References
- Director biography and external boards:
- Independence determination:
- Board/committee composition, lead independent director, attendance:
- Audit Committee responsibilities and “financial expert” designation:
- Non-employee director compensation and policy:
- Stock ownership guidelines and compliance status:
- Insider trading/hedging/pledging policy:
- Beneficial ownership detail (Singer):
- Interlocks (Warby Parker, Redfin):
- Say-on-pay support:
- Related party transactions policy: