Jeffrey Tweedy
About Jeffrey Tweedy
Jeffrey Tweedy, age 62, has served as an independent Class I director of Safe and Green Development Corporation (SGD) since April 11, 2023; his current term runs through the 2028 annual meeting . He brings ~30 years of executive experience in fashion and retail, including President & CEO of Sean John, and is deemed independent under Nasdaq standards .
Past Roles
| Organization | Role | Tenure | Committees/Impact |
|---|---|---|---|
| Sean John | President & CEO (prior EVP) | Nov 2007–Mar 2021 (EVP Feb 1998–Mar 2005) | Built brand into a market leader; led international sales initiatives |
| Sean Jean Clothing | Brand Advisor | Mar 2021–Present | Strategic brand advisory for award-winning lifestyle brand |
External Roles
| Organization | Role | Tenure | Notes |
|---|---|---|---|
| Fashion Institute of Technology | Advisory Board Member | Jan 2020–Present | Education/industry advisory role |
Board Governance
- Committee assignments: Member, Compensation Committee; Chair, Nominating & Governance Committee .
- Independence: Board determined Tweedy is independent under Nasdaq rules .
- Board class and term: Class I; director since 2023; term expires 2028 .
- Lead Independent Director: Christopher Melton serves as Lead Director (not Tweedy) .
- Executive sessions: Independent directors meet in executive session at least quarterly .
- Attendance: In 2024, each incumbent director other than Yaniv Blumenfeld and Jeffrey Tweedy attended at least 75% of aggregate board and committee meetings—indicating Tweedy was below 75% attendance (RED FLAG) .
Fixed Compensation
Non‑employee director compensation program (2024):
| Option | Cash Retainer (quarterly) | RSU Grant (quarterly) | Vesting |
|---|---|---|---|
| Option A | $20,000 | 20,000 RSUs | RSUs vest after 3 months of continued service |
| Option B | $10,000 | 30,000 RSUs | RSUs vest after 3 months |
| Option C | — | 40,000 RSUs | RSUs vest after 3 months |
Director compensation (FY2024 actuals):
| Name | Fees Earned or Paid in Cash ($) | Stock Awards ($) | Total ($) |
|---|---|---|---|
| Jeffrey Tweedy | 80,000 | 56,090 | 96,090 |
Notes:
- The 2024 Form 10‑K also shows Tweedy at $40,000 cash and $56,090 stock awards (total $96,090), with chair retainers specified for committee leaders; the September 2025 DEF 14A shows $80,000 cash. Use the later proxy for current reporting; the 10‑K provides additional color on chair fee structure .
Performance Compensation
- Structure: Director equity is service-based RSUs; no performance-based metrics were disclosed for non-employee directors in 2024 .
- Performance metrics table: | Component | Metric(s) | Target(s) | Outcome | |---|---|---|---| | Director RSUs | None disclosed (time-based vesting) | N/A | RSUs vest after 3 months of service |
Other Directorships & Interlocks
| Category | Details |
|---|---|
| Current public company boards | None disclosed for Tweedy |
| Committee roles at other public companies | None disclosed |
| Interlocks with SGD competitors/suppliers/customers | None disclosed |
Expertise & Qualifications
- Brand-building and commercialization expertise from senior leadership at Sean John; retail/fashion go-to-market and international expansion experience .
- Governance leadership as Chair of Nominating & Governance; member of Compensation Committee .
- Independence and financial literacy affirmed by the Board .
Equity Ownership
| Holder | Shares Beneficially Owned | % Outstanding | Notes |
|---|---|---|---|
| Jeffrey Tweedy | 3,625 | <1% | Latest as of Nov 18, 2025 |
Additional ownership/alignment signals:
- As of 12/31/2024, directors held no outstanding unvested options or RSUs (reduces overhang; implies awards had fully vested or none outstanding at year-end) .
- Anti-hedging/anti-pledging: SGD prohibits hedging, short sales, derivative transactions, margin accounts, and pledging of company securities—reducing misalignment/pledging risk .
Governance Assessment
Strengths
- Independent director with consumer brand operating expertise; chairs Nominating & Governance and serves on Compensation, indicating trust in governance oversight .
- Strong alignment policies: explicit prohibitions on hedging and pledging reduce incentive to de-risk or encumber holdings .
Watch items / RED FLAGS
- Attendance: Tweedy did not meet the 75% attendance threshold in 2024, which can signal engagement risk and may weigh on board effectiveness in a year with significant strategic and financing actions (RED FLAG) .
- Ownership alignment: Very small personal stake (<1%) may limit economic alignment relative to large dilution and financing decisions; the board relies on policy-based alignment (ownership guidelines referenced in committee remit, but no specific director ownership multiples disclosed) .
- Capital structure sensitivity: While not Tweedy-specific, SGD’s 2025 special meeting seeks approval for potentially highly dilutive preferred conversions and warrant exercises; board oversight of dilution and investor protections remains a focal governance issue for investors .
Overall implication for investor confidence
- Committee leadership and independence support governance quality, but sub-75% attendance in 2024 is a meaningful negative indicator of director engagement. Continued monitoring of Tweedy’s meeting attendance and any 2025–2026 improvements is warranted. Reinforcing director ownership (within policy constraints) could further align incentives given SGD’s ongoing equity-driven financing strategy .